PUBLISHER: KBV Research | PRODUCT CODE: 1384809
PUBLISHER: KBV Research | PRODUCT CODE: 1384809
Europe Health Intelligent Virtual Assistant Market Size, Share & Industry Trends Analysis Report By Product (Chatbot and Smart Speakers), By Technology, By End User (Payer, Providers and Others), By Country and Growth Forecast, 2023 - 2030
The Europe Health Intelligent Virtual Assistant Market would witness market growth of 23.0% CAGR during the forecast period (2023-2030).
Hospitals are adopting IVAs to provide better patient experiences, including streamlined scheduling, reduced wait times, and efficient administrative processes. IVAs manage appointment bookings, handle billing inquiries, and assist with insurance-related tasks, freeing up staff to focus on patient care. Many primary care and specialty practices have integrated IVAs into their telehealth services, allowing patients to conduct virtual consultations and access medical advice remotely. The use of IVAs in managing chronic conditions, such as diabetes and hypertension, is on the rise. These tools help patients monitor their health and make proactive decisions.
Moreover, health insurance companies utilize IVAs to offer member services, including claim submissions, benefit explanations, and guidance on in-network providers. IVAs support population health management initiatives by promoting preventive care and assisting with risk assessments. Pharmaceutical companies employ IVAs to provide medication adherence reminders, answer questions about their products, and gather data on patient experiences with medications. IVAs are crucial in recruiting and enrolling patients in clinical trials and providing information and updates.
According to the Eurostat data, Germany had the highest level of current healthcare expenditure among the EU Member States, valued at €432 billion in 2020. Following Italy ($160 billion) and Spain ($120 billion) in terms of current healthcare spending was France ($281 billion). More than any other EU Member State, current healthcare spending in Germany and France was comparable to 12.8% and 12.2% of GDP, respectively. Spain, Portugal, and Denmark were the only EU Member States to record double-digit ratios. Higher healthcare spending often translates to more advanced and patient-centric healthcare services. Health IVAs enhance the overall patient experience by providing quick, accurate, and personalized responses to patient queries, assisting with appointment scheduling, and offering medication reminders. This leads to higher patient satisfaction and engagement. These factors will assist in boosting the demand in Europe.
The Germany market dominated the Europe Health Intelligent Virtual Assistant Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $138.8 Million by 2030. The UK market is experiencing a CAGR of 21.9% during (2023 - 2030). Additionally, The France market would witness a CAGR of 24% during (2023 - 2030).
Based on Product, the market is segmented into Chatbot and Smart Speakers. Based on Technology, the market is segmented into Text to Speech, Text Based and Automatic Speech Recognition. Based on End User, the market is segmented into Payer, Providers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include eGain Corporation, Microsoft Corporation, MedRespond, Next IT Solutions Inc., True Image Interactive, Inc., Virgin Pulse, Inc., Verint Systems, Inc., Babylon Holdings Limited, Amazon.com, Inc., and Sensely, Inc.
Scope of the Study
Market Segments covered in the Report:
By Product
- Chatbot
- Smart Speakers
By Technology
- Text to Speech
- Text Based
- Automatic Speech Recognition
By End-user
- Payer
- Providers
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- eGain Corporation
- Microsoft Corporation
- MedRespond
- Next IT Solutions Inc.
- True Image Interactive, Inc.
- Virgin Pulse, Inc.
- Verint Systems, Inc.
- Babylon Holdings Limited
- Amazon.com, Inc.
- Sensely, Inc.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Health Intelligent Virtual Assistant Market, by Product
- 1.4.2 Europe Health Intelligent Virtual Assistant Market, by Technology
- 1.4.3 Europe Health Intelligent Virtual Assistant Market, by End-user
- 1.4.4 Europe Health Intelligent Virtual Assistant Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. Strategies deployed in Health Intelligent Virtual Assistant Market
Chapter 5. Europe Health Intelligent Virtual Assistant Market by Product
- 5.1 Europe Chatbot Market by Country
- 5.2 Europe Smart Speakers Market by Country
Chapter 6. Europe Health Intelligent Virtual Assistant Market by Technology
- 6.1 Europe Text to Speech Market by Country
- 6.2 Europe Text Based Market by Country
- 6.3 Europe Automatic Speech Recognition Market by Country
Chapter 7. Europe Health Intelligent Virtual Assistant Market by End-user
- 7.1 Europe Payer Market by Country
- 7.2 Europe Providers Market by Country
- 7.3 Europe Others Market by Country
Chapter 8. Europe Health Intelligent Virtual Assistant Market by Country
- 8.1 Germany Health Intelligent Virtual Assistant Market
- 8.1.1 Germany Health Intelligent Virtual Assistant Market by Product
- 8.1.2 Germany Health Intelligent Virtual Assistant Market by Technology
- 8.1.3 Germany Health Intelligent Virtual Assistant Market by End-user
- 8.2 UK Health Intelligent Virtual Assistant Market
- 8.2.1 UK Health Intelligent Virtual Assistant Market by Product
- 8.2.2 UK Health Intelligent Virtual Assistant Market by Technology
- 8.2.3 UK Health Intelligent Virtual Assistant Market by End-user
- 8.3 France Health Intelligent Virtual Assistant Market
- 8.3.1 France Health Intelligent Virtual Assistant Market by Product
- 8.3.2 France Health Intelligent Virtual Assistant Market by Technology
- 8.3.3 France Health Intelligent Virtual Assistant Market by End-user
- 8.4 Russia Health Intelligent Virtual Assistant Market
- 8.4.1 Russia Health Intelligent Virtual Assistant Market by Product
- 8.4.2 Russia Health Intelligent Virtual Assistant Market by Technology
- 8.4.3 Russia Health Intelligent Virtual Assistant Market by End-user
- 8.5 Spain Health Intelligent Virtual Assistant Market
- 8.5.1 Spain Health Intelligent Virtual Assistant Market by Product
- 8.5.2 Spain Health Intelligent Virtual Assistant Market by Technology
- 8.5.3 Spain Health Intelligent Virtual Assistant Market by End-user
- 8.6 Italy Health Intelligent Virtual Assistant Market
- 8.6.1 Italy Health Intelligent Virtual Assistant Market by Product
- 8.6.2 Italy Health Intelligent Virtual Assistant Market by Technology
- 8.6.3 Italy Health Intelligent Virtual Assistant Market by End-user
- 8.7 Rest of Europe Health Intelligent Virtual Assistant Market
- 8.7.1 Rest of Europe Health Intelligent Virtual Assistant Market by Product
- 8.7.2 Rest of Europe Health Intelligent Virtual Assistant Market by Technology
- 8.7.3 Rest of Europe Health Intelligent Virtual Assistant Market by End-user
Chapter 9. Company Profiles
- 9.1 eGain Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 SWOT Analysis
- 9.2 Microsoft Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 MedRespond
- 9.3.1 Company Overview
- 9.3.2 SWOT Analysis
- 9.4 Next IT Solutions, Inc.
- 9.4.1 Company Overview
- 9.4.2 SWOT Analysis
- 9.5 True Image Interactive, Inc.
- 9.5.1 Company Overview
- 9.5.2 SWOT Analysis
- 9.6 Virgin Pulse, Inc.
- 9.6.1 Company Overview
- 9.6.2 Recent strategies and developments:
- 9.6.2.1 Partnerships, Collaborations, and Agreements:
- 9.6.3 SWOT Analysis
- 9.7 Verint Systems, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Regional Analysis
- 9.7.4 Research and Development Expense
- 9.7.5 SWOT Analysis
- 9.8 Babylon Holdings Limited
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.5.2 Acquisition and Mergers:
- 9.8.6 SWOT Analysis
- 9.9 Amazon.com, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental Analysis
- 9.9.4 Recent strategies and developments:
- 9.9.4.1 Partnerships, Collaborations, and Agreements:
- 9.9.4.2 Product Launches and Product Expansions:
- 9.9.5 SWOT Analysis
- 9.10. Sensely, Inc.
- 9.10.1 Company Overview
- 9.10.2 Recent strategies and developments:
- 9.10.2.1 Partnerships, Collaborations, and Agreements:
- 9.10.2.2 Product Launches and Product Expansions:
- 9.10.3 SWOT Analysis
LIST OF TABLES
- TABLE 1 Europe Health Intelligent Virtual Assistant Market, 2019 - 2022, USD Million
- TABLE 2 Europe Health Intelligent Virtual Assistant Market, 2023 - 2030, USD Million
- TABLE 3 Europe Health Intelligent Virtual Assistant Market by Product, 2019 - 2022, USD Million
- TABLE 4 Europe Health Intelligent Virtual Assistant Market by Product, 2023 - 2030, USD Million
- TABLE 5 Europe Chatbot Market by Country, 2019 - 2022, USD Million
- TABLE 6 Europe Chatbot Market by Country, 2023 - 2030, USD Million
- TABLE 7 Europe Smart Speakers Market by Country, 2019 - 2022, USD Million
- TABLE 8 Europe Smart Speakers Market by Country, 2023 - 2030, USD Million
- TABLE 9 Europe Health Intelligent Virtual Assistant Market by Technology, 2019 - 2022, USD Million
- TABLE 10 Europe Health Intelligent Virtual Assistant Market by Technology, 2023 - 2030, USD Million
- TABLE 11 Europe Text to Speech Market by Country, 2019 - 2022, USD Million
- TABLE 12 Europe Text to Speech Market by Country, 2023 - 2030, USD Million
- TABLE 13 Europe Text Based Market by Country, 2019 - 2022, USD Million
- TABLE 14 Europe Text Based Market by Country, 2023 - 2030, USD Million
- TABLE 15 Europe Automatic Speech Recognition Market by Country, 2019 - 2022, USD Million
- TABLE 16 Europe Automatic Speech Recognition Market by Country, 2023 - 2030, USD Million
- TABLE 17 Europe Health Intelligent Virtual Assistant Market by End-user, 2019 - 2022, USD Million
- TABLE 18 Europe Health Intelligent Virtual Assistant Market by End-user, 2023 - 2030, USD Million
- TABLE 19 Europe Payer Market by Country, 2019 - 2022, USD Million
- TABLE 20 Europe Payer Market by Country, 2023 - 2030, USD Million
- TABLE 21 Europe Providers Market by Country, 2019 - 2022, USD Million
- TABLE 22 Europe Providers Market by Country, 2023 - 2030, USD Million
- TABLE 23 Europe Others Market by Country, 2019 - 2022, USD Million
- TABLE 24 Europe Others Market by Country, 2023 - 2030, USD Million
- TABLE 25 Europe Health Intelligent Virtual Assistant Market by Country, 2019 - 2022, USD Million
- TABLE 26 Europe Health Intelligent Virtual Assistant Market by Country, 2023 - 2030, USD Million
- TABLE 27 Germany Health Intelligent Virtual Assistant Market, 2019 - 2022, USD Million
- TABLE 28 Germany Health Intelligent Virtual Assistant Market, 2023 - 2030, USD Million
- TABLE 29 Germany Health Intelligent Virtual Assistant Market by Product, 2019 - 2022, USD Million
- TABLE 30 Germany Health Intelligent Virtual Assistant Market by Product, 2023 - 2030, USD Million
- TABLE 31 Germany Health Intelligent Virtual Assistant Market by Technology, 2019 - 2022, USD Million
- TABLE 32 Germany Health Intelligent Virtual Assistant Market by Technology, 2023 - 2030, USD Million
- TABLE 33 Germany Health Intelligent Virtual Assistant Market by End-user, 2019 - 2022, USD Million
- TABLE 34 Germany Health Intelligent Virtual Assistant Market by End-user, 2023 - 2030, USD Million
- TABLE 35 UK Health Intelligent Virtual Assistant Market, 2019 - 2022, USD Million
- TABLE 36 UK Health Intelligent Virtual Assistant Market, 2023 - 2030, USD Million
- TABLE 37 UK Health Intelligent Virtual Assistant Market by Product, 2019 - 2022, USD Million
- TABLE 38 UK Health Intelligent Virtual Assistant Market by Product, 2023 - 2030, USD Million
- TABLE 39 UK Health Intelligent Virtual Assistant Market by Technology, 2019 - 2022, USD Million
- TABLE 40 UK Health Intelligent Virtual Assistant Market by Technology, 2023 - 2030, USD Million
- TABLE 41 UK Health Intelligent Virtual Assistant Market by End-user, 2019 - 2022, USD Million
- TABLE 42 UK Health Intelligent Virtual Assistant Market by End-user, 2023 - 2030, USD Million
- TABLE 43 France Health Intelligent Virtual Assistant Market, 2019 - 2022, USD Million
- TABLE 44 France Health Intelligent Virtual Assistant Market, 2023 - 2030, USD Million
- TABLE 45 France Health Intelligent Virtual Assistant Market by Product, 2019 - 2022, USD Million
- TABLE 46 France Health Intelligent Virtual Assistant Market by Product, 2023 - 2030, USD Million
- TABLE 47 France Health Intelligent Virtual Assistant Market by Technology, 2019 - 2022, USD Million
- TABLE 48 France Health Intelligent Virtual Assistant Market by Technology, 2023 - 2030, USD Million
- TABLE 49 France Health Intelligent Virtual Assistant Market by End-user, 2019 - 2022, USD Million
- TABLE 50 France Health Intelligent Virtual Assistant Market by End-user, 2023 - 2030, USD Million
- TABLE 51 Russia Health Intelligent Virtual Assistant Market, 2019 - 2022, USD Million
- TABLE 52 Russia Health Intelligent Virtual Assistant Market, 2023 - 2030, USD Million
- TABLE 53 Russia Health Intelligent Virtual Assistant Market by Product, 2019 - 2022, USD Million
- TABLE 54 Russia Health Intelligent Virtual Assistant Market by Product, 2023 - 2030, USD Million
- TABLE 55 Russia Health Intelligent Virtual Assistant Market by Technology, 2019 - 2022, USD Million
- TABLE 56 Russia Health Intelligent Virtual Assistant Market by Technology, 2023 - 2030, USD Million
- TABLE 57 Russia Health Intelligent Virtual Assistant Market by End-user, 2019 - 2022, USD Million
- TABLE 58 Russia Health Intelligent Virtual Assistant Market by End-user, 2023 - 2030, USD Million
- TABLE 59 Spain Health Intelligent Virtual Assistant Market, 2019 - 2022, USD Million
- TABLE 60 Spain Health Intelligent Virtual Assistant Market, 2023 - 2030, USD Million
- TABLE 61 Spain Health Intelligent Virtual Assistant Market by Product, 2019 - 2022, USD Million
- TABLE 62 Spain Health Intelligent Virtual Assistant Market by Product, 2023 - 2030, USD Million
- TABLE 63 Spain Health Intelligent Virtual Assistant Market by Technology, 2019 - 2022, USD Million
- TABLE 64 Spain Health Intelligent Virtual Assistant Market by Technology, 2023 - 2030, USD Million
- TABLE 65 Spain Health Intelligent Virtual Assistant Market by End-user, 2019 - 2022, USD Million
- TABLE 66 Spain Health Intelligent Virtual Assistant Market by End-user, 2023 - 2030, USD Million
- TABLE 67 Italy Health Intelligent Virtual Assistant Market, 2019 - 2022, USD Million
- TABLE 68 Italy Health Intelligent Virtual Assistant Market, 2023 - 2030, USD Million
- TABLE 69 Italy Health Intelligent Virtual Assistant Market by Product, 2019 - 2022, USD Million
- TABLE 70 Italy Health Intelligent Virtual Assistant Market by Product, 2023 - 2030, USD Million
- TABLE 71 Italy Health Intelligent Virtual Assistant Market by Technology, 2019 - 2022, USD Million
- TABLE 72 Italy Health Intelligent Virtual Assistant Market by Technology, 2023 - 2030, USD Million
- TABLE 73 Italy Health Intelligent Virtual Assistant Market by End-user, 2019 - 2022, USD Million
- TABLE 74 Italy Health Intelligent Virtual Assistant Market by End-user, 2023 - 2030, USD Million
- TABLE 75 Rest of Europe Health Intelligent Virtual Assistant Market, 2019 - 2022, USD Million
- TABLE 76 Rest of Europe Health Intelligent Virtual Assistant Market, 2023 - 2030, USD Million
- TABLE 77 Rest of Europe Health Intelligent Virtual Assistant Market by Product, 2019 - 2022, USD Million
- TABLE 78 Rest of Europe Health Intelligent Virtual Assistant Market by Product, 2023 - 2030, USD Million
- TABLE 79 Rest of Europe Health Intelligent Virtual Assistant Market by Technology, 2019 - 2022, USD Million
- TABLE 80 Rest of Europe Health Intelligent Virtual Assistant Market by Technology, 2023 - 2030, USD Million
- TABLE 81 Rest of Europe Health Intelligent Virtual Assistant Market by End-user, 2019 - 2022, USD Million
- TABLE 82 Rest of Europe Health Intelligent Virtual Assistant Market by End-user, 2023 - 2030, USD Million
- TABLE 83 Key Information - eGain Corporation
- TABLE 84 Key Information - Microsoft Corporation
- TABLE 85 Key Information - MedRespond
- TABLE 86 Key Information - Next IT Solutions Inc.
- TABLE 87 Key Information - True Image Interactive, Inc.
- TABLE 88 Key Information - Virgin Pulse, Inc.
- TABLE 89 Key information -Verint Systems, Inc.
- TABLE 90 Key Information - Babylon Holdings Limited
- TABLE 91 Key Information - Amazon.com, Inc.
- TABLE 92 Key Information - Sensely, Inc.
