Virtual assistants are the integration of machine learning, artificial intelligence that combine strong decision support systems and leverages big data, natural language processing and voice recognition. These features are part of the reason why virtual assistants have proven to engage consumers.
Increasing lifestyle related disorders and rising health consciousness should also drive the health intelligent virtual assistant market. Intelligent virtual assistants respond to the voice or text queries through mobile devices or health apps, hence increasing patient engagement and improving self-management skills for chronic disease. Hence, increasing global chronic disease burden across the globe in healthcare industry should further augment health intelligent virtual assistant market growth in coming years of forecasting.
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The Prominent/Emerging Players in the Health Intelligent Virtual Assistant Market Research include:
Verint, Nuance Communications Inc., MedRespond, iDAvatars, CSS Corp, Microsoft, Artificial Solutions, eGain, True Image Interactive, Inc., and Welltok among others.
The global health intelligent virtual assistant market is segmented on the basis of technology and end user. Based on technology, the market is segmented as, speech recognition, text-to-speech and voice recognition. On the basis of end user, the market is classified as, payers, providers and other end users.
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.
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