Global Digital Assistants in Healthcare Market: Snapshot
Surge in the need for automation across the healthcare industry is expected to generate prominent sales prospects for companies operating in the global digital assistants in healthcare market during the forecast period 2021-2031. Medical reference, patient tracking, drug dosage, diagnostic guides, nursing reference, and medical calculators are some of the prominent applications of the products from the global digital assistants in healthcare market.
An upcoming report by Transparency Market Research (TMR) provides thorough study of major facets influencing the development curve of the global digital assistants in healthcare market. Therefore, this study covers assessment of many prime facets such as current and historical trends, drivers, restraints, R&D projects, challenges, and expansion opportunities in the market.
The study analysts have performed segmentation of the global digital assistants in healthcare market based on many important parameters such as product, user interface, application, end-user, and region. In terms of product, the market is classified into two parts, namely, chatbots and smart speakers.
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Key Drivers of Digital Assistants in Healthcare Market Growth
Rise in people with chronic health issues and increased demand for home-based monitoring devices are some of the major factors driving the growth of the digital assistant in the healthcare market. A surge in the need for maintaining average healthcare expenses is creating promising avenues for companies operating in the global digital assistants in healthcare market.
In recent years, there is significant surge in the adoption of home-based devices among people of all age groups. Owing to the compact size and portability, patients can carry these devices anywhere easily. Moreover, these devices help in continuous monitoring of patient’s condition. On the back of these advantages, the demand for home-based devices is increased, which in turn, is boosting the growth of the global digital assistants in healthcare market. Increase in older population is expected to result into surge in demand for such devices, which in turn, is expected to assist in the market growth.
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Competition Landscape of Digital Assistants in Healthcare Market
The global digital assistants in healthcare market is moderately fragmented in nature. Presence of significant number of well-entrenched players connotes that the competitive landscape of the market for digital assistants in healthcare is extremely intense. Companies working in this market are using diverse strategies to gain the leading position. Some of the key strategies used by enterprises in the digital assistants in healthcare market include mergers, acquisitions, joint ventures, new product launches, partnerships, and collaborations.
The list of key players in the global digital assistants in healthcare market includes:
- Microsoft Corporation
- com Inc.
- ADA Digital Health
- Verint Systems Inc.
- Sensely Inc.
- Nuance Communications Inc.
- Infermedica Sp. z o.o
- eGain Corporation
- CSS Corporation Pvt Ltd
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Regional Outlook for Digital Assistants in Healthcare Market
In terms of region, the global digital assistants in healthcare market shows existence in many regions including Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. Among all, North America seems to be one of the dominant regions of the market for digital assistants in healthcare.
Companies from the North America market are increasing investments toward the development of advanced digital assistant technology using AI and ML in order to back automated decision-making systems. This factor is projected to drive the growth of the North America digital assistants in healthcare market in the upcoming years.
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