APAC to Dominate Digital Assistants in Healthcare Market through 2025

Surging number of smartphone users and increasing use of healthcare applications to drive the growth of global digital assistants in healthcare market

According to TechSci Research report, “Global Digital Assistants in Healthcare Market By Product (Smart Speakers, Chatbots), By User Interface (Automatic Speech Recognition, Text-based, Text-to-speech, Others), By Type (Rule-Based v/s Conversational-Based), By Deployment Mode (On-premise v/s Cloud), By Application (Patient Tracking, Medical Reference, Diagnostic Guides, Drug Dosage, Medical Calculators, Nursing Reference, Others), By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Patients, Others), By Region, Competition, Forecast & Opportunities, 2025”, global digital assistants in healthcare market is expected to register an impressive CAGR during the forecast period. Surging demand for quality healthcare delivery is one of the major factors accounting for the growth of global digital assistants in healthcare market. Additionally, increasing number of incidences of chronic disorders across the globe is further expected to bode well for the growth of global digital assistants in healthcare market through the forecast period. In addition to this, ongoing continuous developments in digital technologies is positively influencing the growth of global digital assistants in healthcare market. Also, major market players are focusing more towards developing conversational virtual assistant tools along with multi-language support in healthcare virtual assistant tools, which is making headway for the growth of global digital assistants in healthcare market across the globe. Along with this, mounting use of healthcare applications is further anticipated to bolster the market growth through 2025. Moreover, integration of artificial intelligence and internet of things along with growing number of mobile phone users is expected to augment the market growth during the forecast years. Utilization of modern technology products, predominantly chatbots and smart speakers are increasing in various end user industries is forecast to aid the growth of market in the coming years.  

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Global digital assistants in healthcare market can be segmented based on product, user interface, type, deployment mode, application, user type, company and region. Considering the user interface, the market is fragmented into automatic speech recognition, text-based, text-to-speech, others. Among them, the automatic speech recognition segment dominated the global digital assistants in healthcare market until 2019 and is further anticipated to maintain its dominance during the forecast years as well. The dominance is accredited to its widespread use in smart speakers. In terms of deployment mode, the market is segregated into on premises and cloud. Out of which, the cloud deployment mode type segment is expected to witness high CAGR during the next 5 years. This high growth is due to increase in technological advancements. Moreover, the companies are shifting to cloud based systems owing to feasibility and data safety, which is estimated to boost the growth of segment over the coming years.  

Nuance Communications Inc., Microsoft Corporation, Amazon, Infermedic, Sensly, Inc., eGain Corporation, Kognito Solutions LLC, Verint Systems Inc., HealthTap Inc., Babylon Healthcare Services Ltd, CSS Corporation, Medrespond LLC., Floatbot.AI, Kore.AI, Inc., Datalog.AI, True Image Interactive, Inc., ADA Digital Health, idAvatars, Welltok, Inc., Next IT Corp are among others are the leading players operating in global digital assistants in healthcare market. The leading players are adopting several growth strategies to enhance the market scenario of digital assistants in healthcare. Other competitive strategies include mergers & acquisitions to diverse their product portfolio in order to strengthen their market position.

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“Asia-Pacific is forecast to dominate the global digital assistants in healthcare market until 2025 on account of rising aging population in the region. Moreover, continuous technological advancements coupled with growing use of remote monitoring devices is further boosting the market growth in the region. Also, developing healthcare infrastructure is further expected to aid the market growth over the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Digital Assistants in Healthcare Market By Product (Smart Speakers, Chatbots), By User Interface (Automatic Speech Recognition, Text-based, Text-to-speech, Others), By Type (Rule-Based v/s Conversational-Based), By Deployment Mode (On-premise v/s Cloud), By Application (Patient Tracking, Medical Reference, Diagnostic Guides, Drug Dosage, Medical Calculators, Nursing Reference, Others), By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Patients, Others), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global digital assistants in healthcare market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global digital assistants in healthcare market.

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