4 health intelligent virtual assistant market regional trends to watch out for over 2017-2024
Date: 2018-06-13   Author: Saipriya Iyer  Category: #market

The increasing deployment of smartphones and tablets to access health apps and the rising popularity of the IoT technologies will reportedly drive health intelligent virtual assistant market trends over 2017-2024. AS per estimates, healthcare spending in the U.S. rose by 5.8% in 2015 to hit USD 3.2 trillion. The rising deployment of health IVA devices to reduce training and operational costs and better patient health outcomes will also impel the industry expansion.

Four geographical trends characterizing health intelligent virtual assistant industry:

  • Japan accounted for more than 30% of APAC health intelligent virtual assistant market share in 2016. Driven by the rising prevalence of hypertension and stroke among the nation’s geriatric population and the increase in home care services like telehealth, Japan health intelligent virtual assistant market size will surpass USD 110 million by 2024.
  • UK covered a modest proportion of Europe health IVA industry share in 2016, on account of the increasing adoption of healthcare technologies. A supportive regulatory framework and the growing penetration of IoT technologies is expected to further drive the regional growth over 2017-2024.
  • U.S. held over 90% of the North America health intelligent virtual assistant market share in the year 2016. Powered by the extensive adoption of healthcare IT, rising smartphone penetration, and rapid implementation of the latest technologies, U.S. health intelligent virtual assistant industry share will reportedly increase over 2017-2024.
  • Brazil accounted for the highest share in the regional health IVA market in 2016. The region will depict considerable growth in the forthcoming years aided by the robust economic growth and the rising adoption of advanced healthcare technologies.

Top-notch companies along the likes of True Image Interactive, Kognito, Next IT Corporation, eGain Communication, Medrespond, Microsoft Corporation, Nuance Communications, and CodeBaby constitute the competitive hierarchy of health intelligent virtual assistant industry.



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Saipriya Iyer

Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website...

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