Clinical Communication and Collaboration Market to register a CAGR of 15.5% from 2018-2028 to reach US$ 1.2 Bn by 2028

Press Release – 07 Jan 2019
Research and Development News --
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Clinical communication and collaboration software have rapid adoption rate in the emerging economies as this software is helping to reduce the total time required in the communication. End users of clinical communication and collaboration solutions are primarily focused on improvising care quality, care transitions, clinical workflows, and patient experience.

The clinical communication and collaboration market is driven by various factors such as availability of different content types as an options for the physicians, doctors, nurses, and others which is ultimately resulting into improved flexibility in communications. The adoption of video content type is expected to increase at the CAGR of 17.1% over forecast period due to availability of high speed internet connections resulting into easy connectivity and visualisation of the clinical data.
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Revenue generated by the global clinical communication and collaboration market is estimated to exhibit a double-digit CAGR, and hence, reach US$ 1.2 Bn by 2028. On the basis of content type, the clinical communication and collaboration market is segmented text, video, and voice.

The revenue contribution from the clinical communication and collaboration’s video segment is expected to expand at a CAGR of 17.1% during the forecast period due to the increasing internet penetration resulting into easy video consultation processes for doctors, nurses, physicians, and others.

On the basis of end users, the clinical communication and collaboration market is segmented into clinical labs, hospitals, and end users. Among the clinical communication and collaboration end-users segment, hospitals have a major market share due to an increase in interest for clinical communication and collaboration among physicians and nurses to maintain an efficient communication and collaboration in the healthcare service delivery to the patients.

On the basis of component, the global clinical communication and collaboration market is segmented into software and services. The revenue contribution from the clinical communication and collaboration software segment is expected to expand at a CAGR of 14.6% during the forecast period due to increasing demand from hospitals and clinical labs in developing countries for improving the patient treatment delivery process.
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“Report Synopsis”

Offers a 10-year forecast for the Clinical communication and collaboration market between 2018 and 2028. In terms of value, the Clinical communication and collaboration market is expected to register a CAGR of 15.5% during forecast period. This study demonstrates the global market dynamics and trends across regions, such as North America, Latin America, Europe, China, Japan, SEA and other APAC and Middle East & Africa, which influence the current nature and the future status of the Clinical communication and collaboration market over the forecast period. The popularity of Clinical communication and collaboration is increasing due to technological advancements and rising need for improved communication.

In the final section of the Clinical communication and collaboration market report, we include a competitive landscape to provide clients a dashboard view based on categories of providers in the value chain, their presence in the Clinical communication and collaboration portfolio and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers’ specific to a market segment in the Clinical communication and collaboration value chain and the potential players for the same. Clinical communication and collaboration report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of the capabilities and success in the marketplace. Detailed profiles of Clinical communication and collaboration providers are also included in the scope of the report to evaluate their long-term & short-term strategies, key offerings, and recent developments in the Clinical communication and collaboration space.

Key Segments Covered

Component
- Software
- Services

End User
- Clinical Labs
- Hospitals
- Physicians
- Others

Context Type
- Text
- Video
- Voice

Key Regions Covered
- North America
U.S.
Canada

- Latin America
Brazil
Mexico
Rest of Latin America

- Europe
Germany
France
U.K.
Spain
Italy
Nordic
Benelux
Russia
Poland
Rest of Europe

- Japan
- China

- SEA and other APAC
India
Indonesia
Philippines
Thailand
Malaysia
Oceania
Rest of SEA & APAC

- Middle East & Africa
GCC Countries
Turkey
North Africa
South Africa
Rest of MEA

Key Companies
- Vocera Communications, Inc.
- TigerText
- Intelligent Business Communication – AGNITY
- Cisco Systems Inc.
- Jive Software, Inc.
- Microsoft Corporation
- Everbridge, Inc.
- PerfectServe, Inc.
- Uniphy Health Holding LLC
- Spok Inc.
- NEC Corporation
- Ashfield Healthcare Communication
- Ascom Holding AG
- Patientsafe
- Voalte

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