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The Projected CAGR For Clinical Communication and Collaboration Market To Be 13% Between 2021-2031

The Projected CAGR For Clinical Communication

As per Persistence Market Research’s new industry analysis, the global clinical communications and collaboration market is poised to surge at a CAGR of over 13% through 2031.

Increasing cases of violence at workplaces is leading to the deployment of solutions that can help organizations ensure the safety of their staff members. The possibility of workplace violence is more frequent in hospitals than at other workplaces.

Clinical communication and collaboration solutions are designed in such a way that clinicians, physicians, nurses, and other hospital members are always connected to be able to immediately contact each other and solve any patient’s critical situation right away. Hence, using clinical communication and collaboration solutions, hospital staff are able to maintain the flow of contacts to reach out for help in case of any emergency, that too 24×7.

This parameter of ensuring staff safety is responsible for driving demand for clinical communication and collaboration solutions.

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Company Profiles:

Vocera Communications
Intelligent Business Communication – AGNITY
Cisco Systems Inc.
Jive Software
Microsoft Corporation
PerfectServe, Inc.
Uniphy Health Systems LLC
UDG Healthcare PLC
NEC Corporation
Spok Inc.
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Key Takeaways from Market Study

North America was the dominant market in 2020 in terms of value. However, East Asia is expected to be one of the key markets for sustainable revenue generation from clinical communications and collaboration solutions.
Voice content type holds major share of market, as healthcare organizations are increasingly adopting communication platforms that are more secure and allow doctors, nurses, and other healthcare staff to use smartphones in order to communicate in a secure and reliable manner.
The clinical communications and collaboration industry in Japan is expected to expand at a CAGR of around 16.7% over the next ten years, while that in the India at 14.5%.
Adoption of communication software is anticipated to surge at a significant rate owing to increasing implementation of managing patient care, building clinical workforce, and managing financial & human resources.
Governments of various countries are taking initiatives to build reliable data sources by encouraging health communication programs between healthcare institutes to exchange information such as patient-level data.
“Clinical communication and collaboration solution providers are focused on developing partnerships with medium- and large-sized wearable device manufacturers. Fusion of wearable and clinical communication and collaboration technologies will facilitate remote monitoring and care,” says a Persistence Market Research analyst.

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COVID-19 Pandemic Impact Analysis

Global need for technologies that enable collaboration, communication, and education while maintaining social distancing was generated during the COVID-19 outbreak. Video conferencing technology, a tool of clinical communication and collaboration, was helpful in a range of academic activities, including large group webinars, teaching sessions, research meetings, examinations, and academic conferences.

The pandemic proved to be a boon for clinical collaboration and also encouraged alternative healthcare communication. Such factors will result in longlasting adoption of modern communication tools by healthcare organizations.

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Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.

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