According to a new report, published by KBV research, The Global Health Intelligent Virtual Assistant Market size is expected to reach $2.2 billion by 2030, rising at a market growth of 23.3% CAGR during the forecast period.
The Smart Speakers segment is experiencing a CAGR of 24.2% during (2023 - 2030). Smart speakers and virtual assistants can be substantial in remote patient monitoring. Patients can use them to communicate with healthcare providers, set medication reminders, and access health information, which is especially valuable for individuals with chronic conditions. Smart speakers can provide patients with accurate, up-to-date health information using voice-activated commands.
The Text to Speech segment is leading the Global Health Intelligent Virtual Assistant Market by Technology in 2022; thereby, achieving a market value of $1.2 billion by 2030. Virtual assistants and chatbots that use text-to-speech (TTS) can inform patients, remind them of appointments, and deliver information. This can enhance patient engagement and improve the overall patient experience. TTS makes healthcare information accessible to individuals with visual impairments or reading difficulties.
The Providers segment would register a CAGR of 23.8% during (2023 - 2030). Healthcare providers are facing increasing workloads and administrative tasks. Electronic Health Records (EHRs) and other digital documentation requirements have added to their burden. Virtual assistants with health intelligence speed up these processes, allowing doctors to devote more time to patient care. Patients expect a more personalized and convenient healthcare experience.
The North America region dominated the Global Health Intelligent Virtual Assistant Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $828.2 Million by 2030. The Europe region would witness a CAGR of 23% during (2023 - 2030). Additionally, The Asia Pacific region is poised to grow at a CAGR of 24.1% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/health-intelligent-virtual-assistant-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of eGain Corporation, Microsoft Corporation, MedRespond, Next IT Solutions Inc., True Image Interactive, Inc., Virgin Pulse, Inc., Verint Systems, Inc., Babylon Holdings Limited, Amazon.com, Inc., and Sensely, Inc.
By Product
By Technology
By End-user
By Geography
Companies Profiled
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