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Clinical Communication & Collaboration Market worth $15.50 billion by 2030, growing at a CAGR of 28.73% - Exclusive Report by 360iResearch
Clinical Communication & Collaboration Market | 360iResearch
The Global Clinical Communication & Collaboration Market to grow from USD 2.64 billion in 2023 to USD 15.50 billion by 2030, at a CAGR of 28.73%.
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Clinical communication & collaboration (CCC) refers to the methods, practices, and technologies that enable healthcare providers to connect, communicate, and collaborate effectively within a healthcare setting. This multi-faceted approach encompasses various activities, including exchanging patient information, coordination of care, and team-based decision-making. Meanwhile, using data-driven technologies for automation in the healthcare industry and real-time data transfer related to patient care enhances the need for CCC. However, the concerns associated with the lack of standardized protocols and high deployment cost are a significant challenge for the CCC providers and operators. Companies continuously work towards innovative technologies to cut costs and develop platforms that can easily integrate with existing electronic health records (EHRs) to mitigate customer needs. Moreover, the recent advancements in telehealth and remote patient monitoring systems have opened up new opportunities for CCC providers and operators. Integrating these technologies with CCC platforms can facilitate real-time virtual collaboration and consultation, potentially expanding the reach of healthcare services.
In America, countries including the United States and Canada, the demand for clinical communication & collaboration (CCC) solutions is propelled by a well-established healthcare infrastructure and a strong emphasis on healthcare IT integration. The increasing investment in, along with health incentive policies, also contributed to new startups enhancing their offering in telehealth, remote patient monitoring, and AI-enhanced communication platforms. At the same time, the European market is diverse, with each member country exhibiting its characteristics influenced by local regulatory frameworks. The growing trend towards cross-border healthcare propelled the demand for CCC in the eHealth Digital Service Infrastructure (eHDSI). In addition, the Middle East region presents a nascent space for CCC solutions. The Middle East's affluent countries, such as the United Aram Emirates (UAE) and Saudi Arabia, are investing heavily in modernizing healthcare through smart hospitals and are open to advanced CCC technologies. Moreover, the Asia and Pacific region demonstrates heterogeneous consumer needs due to varying stages of healthcare system development. Markets, including Japan and Australia, have mature systems requiring sophisticated CCC solutions while emerging economies prioritize cost-effective and scalable systems. The region has encountered a spike in mHealth adoption pivoted by a massive mobile user base. While China and India continue to showcase considerable growth in mobile health services, driven by government and private sector initiatives.
Market Segmentation & Coverage:
This research report categorizes the Clinical Communication & Collaboration Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Platform Type, market is studied across Collaboration Platforms, Messaging Platforms, and Voice Communication Platforms. The Voice Communication Platforms is projected to witness significant market share during forecast period.
Based on Component, market is studied across Hardware, Service, and Software. The Hardware is further studied across Badges, Dedicated Desktop Computers, Dedicated Smartphones & Tablets, Interactive Whiteboards, Nurse Call Systems, Two-Way Radios, Voice-over-IP (VoIP) Handsets, Wearable Communication Devices, and Workstation on Wheels (WOWs). The Service is further studied across Consulting & Training, Implementation & Integration, and Support & Maintenance. The Software is further studied across Clinical Alerting & Notification and Physician & Nurse Scheduling Systems. The Software is projected to witness significant market share during forecast period.
Based on Deployment, market is studied across Cloud-based and On-Premises. The On-Premises is projected to witness significant market share during forecast period.
Based on Application, market is studied across Lab & Radiology Communication, Nurse Communication, Patient Communication & Emergency Alerts, and Physician Communication. The Lab & Radiology Communication is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Ambulatory Surgical Centers, Hospitals & Clinics, Long-Term Care Facilities, and Nursing Centers. The Ambulatory Surgical Centers is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Clinical Communication & Collaboration Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Clinical Communication & Collaboration Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Clinical Communication & Collaboration Market, highlighting leading vendors and their innovative profiles. These include 1Call by American Tel-A-Systems Incorporated, Amazon Web Services, Inc., Andor Health, AppleButter LLC, Ascom Holding AG, Avaya Inc., Axero Holdings LLC, BloomAPI Inc., BlueNote Software, Broadcom Inc., Celo Platform, Cisco Systems, Inc., Deltapath Inc., Everbridge, Inc., Foothold Technology, Forcura, LLC, Forwrd Holdings Pty Ltd., Google LLc by Alphabet Inc., HCA Healthcare, Hill-Rom Holdings, Inc., Honeywell International, Inc., HUB Technologies, Inc., Hucu.ai, Imprivata, Inc., Intel Corporation, Medigram, Medsender, Inc., MEFTii LLC, Microsoft Corporation, NEC Corporation, Netsmart Technologies, Inc., Olio Health, OnPage Corporation, Oracle Corporation, PerfectServe, Inc., Petal Solutions Inc., Plantronics Inc., QliqSOFT, Inc., Salesforce, Inc., SAP SE, Siemens Healthineers AG, Siilo Holding B.V., Skyscape, SpectraLink, Spok Inc., Stryker Corporation, Symplr Software Intermediate Holdings, Inc., TigerConnect, Inc., Trillian by Cerulean Studios LLC, Vaporstream, Inc., Verizon, Wipro Limited, Xealth Platform, Zebra Technologies, and Zoho Corporation Pvt. Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Clinical Communication & Collaboration Market, by Platform Type
7. Clinical Communication & Collaboration Market, by Component
8. Clinical Communication & Collaboration Market, by Deployment
9. Clinical Communication & Collaboration Market, by Application
10. Clinical Communication & Collaboration Market, by End-User
11. Americas Clinical Communication & Collaboration Market
12. Asia-Pacific Clinical Communication & Collaboration Market
13. Europe, Middle East & Africa Clinical Communication & Collaboration Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Clinical Communication & Collaboration Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Clinical Communication & Collaboration Market?
3. What is the competitive strategic window for opportunities in the Clinical Communication & Collaboration Market?
4. What are the technology trends and regulatory frameworks in the Clinical Communication & Collaboration Market?
5. What is the market share of the leading vendors in the Clinical Communication & Collaboration Market?
6. What modes and strategic moves are considered suitable for entering the Clinical Communication & Collaboration Market?
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