Virtual Health Assistants (VHAs) are AI wellness partners that can provide instant access to healthcare information to patients, alongside storing data on those patients that can better help not just them, but also the healthcare industry. VHAs are slowly growing in popularity owing to the fact that they increase efficiency within the space of healthcare, not only by their focus on patient-centric healthcare, but also by improving the speed of duties within the healthcare industry, such as faster medical transcriptions. VHAs are rule based systems driven by artificial intelligence (AI). They combine the use of information based on health and cognition, with machine learning and natural language processing technology. VHAs are a part of emerging new technology within the healthcare landscape, and while still in its nascent form, has already shown positive growth potential within the space of healthcare. By working together with the patient, Virtual Health Assistants offer clarity on how to expand within one of the biggest emerging spaces in healthcare – patient engagement.
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Virtual Health Assistants combine communications technology with interactive features that allow users to communicate with the system. It has the potential to take the healthcare industry towards greater growth and efficiency, through features that decrease both consultation and outpatient clinic times, promote automated medical transcriptions, and other features designed to advance the healthcare industry. The growth of VHAs can be attributed to transformations in modern technology, as well as the willingness of the healthcare industry to adopt new technologies. The development and modern usage of the Internet of Things, a growing focus on patient-centric healthcare processes, as well as the growing availability and widespread usage of the internet and smartphones, have all contributed to the rise and positive growth of Virtual Health Assistants.
Virtual Health Assistants can objectively analyze the personal information of different patients, and provide healthcare providers with a better understanding of the patients. The VHAs, which primarily work as wellness partners of patients, record information such as a person’s daily habits, what drives them, and their motivations alongside their health indicators. Between 2018-2025, the forecast indicates that there may be slow growth in this sphere. This is owing to the current general lack of knowledge and awareness regarding Virtual Health Assistants among healthcare providers, as well as fears regarding data and security.
The Virtual Health Assistants market segmentation can be divided into product and applications. The products include chatbots and smart speakers that drive interaction between the technology and the patients. The applications used to drive the product include features such as speech recognition, text based interaction, and text to text reaction between the system and patients. In addition to the product and applications, the geography of the area where the product is being marketed is also taken into consideration, as they suggest differences in who the end users will be.
Virtual Health Assistants markets have found a place in various countries across the world. VHAs are seen as emerging technology within the space of healthcare, and the benefits of using the system have encourage many healthcare providers to adopt the technology. The North American region has shown positive growth in the adoption of Virtual Health Assistants market among healthcare professionals, and there is sufficient funding for research in emerging healthcare technologies in the region. The added need to reduce costs related to healthcare, a growing need for greater efficiency as well as growing demand for technology based solutions to existing problems within the space promote research and development of VHAs.
The Virtual Health Assistant market is currently divided amongst local and global players. These players are focused on growing their technologies, utilizing inorganic alongside organic ideas to make an impact on the market and obtain shares. Research focused on how to improve the efficiency of VHAs only promise greater yields within this sphere of healthcare. In 2019, chatbots in the healthcare industry saw a large presence in the overall chatbot market.
Table of Contents –Analysis of Key Points
1 Virtual Health Assistants Market Overview
2 Manufacturers Profiles
3 Global Virtual Health Assistants Market Competition, by Players
4 Global Virtual Health Assistants Market Size by Regions
5 North America Virtual Health Assistants Revenue by Countries
6 Europe Virtual Health Assistants Revenue by Countries
7 Asia-Pacific Virtual Health Assistants Revenue by Countries
8 South America Virtual Health Assistants Revenue by Countries
9 Middle East and Africa Revenue Virtual Health Assistants by Countries
10 Global Virtual Health Assistants Market Segment by Type
11 Global Virtual Health Assistants Market Segment by Application
12 Global Virtual Health Assistants Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
List of Tables and Figures
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