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At More than 15.52% CAGR, Clinical Communication & Collaboration Market Will exceed USD 824.6 Million by 2025

12-19-2019 01:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: BMRC

The ‘Clinical Communication & Collaboration Market’ research report delivers a comprehensive analysis on the newest market drivers. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the competitive spectrum and growth trends embraced by leading manufacturers in the business.

Global Clinical Communication & Collaboration Market to reach USD 824.6 million by 2025.

Global Clinical Communication & Collaboration Market valued approximately USD 260 million in 2017 is anticipated to grow with a healthy growth rate of more than 15.52% over the forecast period 2018-2025. The major driving factor of Global Clinical Communication & Collaboration market are advancement in healthcare communications technology and increasing adoption of smartphones. In addition, availability of different content types as an option for the physicians, doctor and nurses ultimately resulting in improved flexibility in communication.

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The major restraining factor of global Clinical Communication & Collaboration are high initial cost and workflow disruption. Clinical Communication & Collaboration is the exchange of information about a person’s care that occur between treating clinicians, a member of multidisciplinary team and between clinicians & patients, families and carers. It is an integral part of care and effective communication is essential to ensuring safe, high quality care. Today care team collaboration in most health systems is not optimized.

The leading market players mainly include:
• Vocera Communication
• Tiger Text
• Intelligent Business Communication-AGNITY
• Cisco Systems Inc.
• Jive Software Inc.
• Microsoft Corporation
• Everbridge Inc.
• PerfectServe Inc.
• Uniphy Health Holdings LLC
• Spok Inc.
• NEC Corporation
• Ashfield Healthcare Communication
• Ascom Holding AG
• Patientsafe
• Voalte

North America is the leading/significant region across the world in terms of market share owing to highest adoption rate for advanced technologies from the healthcare organization. Europe also contributes a satisfactory growth in the global clinical consumption market. Asia Pacific also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

The detailed segments and sub-segment of the market are explained below:

By Content:
o Text
o Video
o Voice

By Component:
o Software
o Services

By Application:
o Clinical Labs
o Hospitals
o Physicians
o Others

The next phase of Clinical Communication & Collaboration solves this issue by replacing antiquated system with a comprehensive integrated mobile platform. The most immediate benefit of an integrated Clinical Communication & Collaboration solution is that patient can receive care faster avoiding prolonged physical discomfort or added anxiety about their condition or treatment. Providing care using mobile communications is likely to be safer due to adequate care team collaboration and clear lines of communication. The regional analysis of Global Clinical Communication & Collaboration Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.

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Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Clinical Communication & Collaboration Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
o Investors

Table Of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Clinical Communication & Collaboration Market, by Content, 2015-2025 (USD Billion)
1.3.2. Clinical Communication & Collaboration Market, by Component, 2015-2025 (USD Billion)
1.3.3. Clinical Communication & Collaboration Market, by Application, 2015-2025 (USD Billion)
1.3.4. Clinical Communication & Collaboration Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology

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