This Secure Messaging in Healthcare market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The secure messaging in healthcare market size has grown rapidly in recent years. It will grow from $0.7 billion in 2023 to $0.83 billion in 2024 at a compound annual growth rate (CAGR) of 18.9%. The growth during the historical period can be attributed to several factors, including the need for regulatory compliance and data security, an increase in cybersecurity threats, the widespread adoption of electronic health records, a rising demand for telehealth and remote patient care, and the growing complexity of patient care.
The secure messaging in healthcare market size is expected to see rapid growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 19.1%. The anticipated growth during the forecast period can be attributed to several factors, including a heightened emphasis on patient data privacy, the expansion of remote and hybrid work models, an increasing adoption of mobile health apps, the emergence of value-based care models, and ongoing healthcare digital transformation initiatives. Key trends expected in this period include the growth of cloud-based solutions, an enhanced focus on user experience, the adoption of blockchain technology for improved security, a focus on personalized patient engagement, and the expansion of secure messaging beyond clinical settings.
The increasing incidence of data breaches in the healthcare sector is projected to drive the growth of secure messaging solutions in the healthcare market. Data breaches in this industry refer to the unauthorized access, disclosure, or theft of sensitive patient information, including medical records, personal details, and financial information, which jeopardizes patient privacy and security. The rise in these breaches is primarily attributed to the growing digitization of health records, insufficient cybersecurity measures, the high market value of medical data, and the escalating sophistication of cyberattacks aimed at vulnerable healthcare systems. Secure messaging technologies play a crucial role in mitigating data breaches by ensuring that sensitive patient information is communicated through encrypted and secure channels, thereby minimizing the risk of unauthorized access. For example, in July 2024, the HIPAA Journal reported that in January 2024, there were 61 data breaches involving 500 or more records reported to the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR), indicating a 22% decrease in reported breaches from the previous month. Consequently, the rising frequency of data breaches in the healthcare sector is fueling the demand for secure messaging solutions.
Leading companies in the secure messaging in healthcare market are concentrating on creating advanced solutions, such as secure messaging applications, to transform communication in the healthcare sector. Secure messaging apps utilize encryption to protect communications, ensuring that only designated recipients can access the messages, thus safeguarding privacy and preventing unauthorized access. For instance, in May 2024, Lumeca Health Inc., a software company based in Canada, introduced Lumeca Messages, a secure messaging application designed specifically for healthcare professionals. This app offers end-to-end encryption for patient communications and features real-time messaging, secure file sharing, and seamless integration with electronic health records (EHRs) to ensure compliance with healthcare privacy regulations. Additionally, the app boasts a user-friendly interface that includes features such as message tagging and read receipts to improve communication efficiency within healthcare teams.
In February 2022, Stryker Corporation, a medical technology company based in the United States, acquired Vocera Communications, Inc. for an undisclosed sum. This acquisition aims to enhance Stryker's digital healthcare capabilities by incorporating Vocera’s advanced communication and care coordination technologies to improve patient safety and outcomes. Vocera Communications, Inc. specializes in providing software applications for secure messaging within hospital facilities.
Major companies operating in the secure messaging in healthcare market are Stryker Corporation, Doximity, Imprivata Inc., Jive Software LLC, Spok Holdings Inc., symplr Software LLC, PerfectServe Inc., Relatient LLC, Artera, TigerConnect Inc., QliqSOFT Inc., Virtru Corp, CipherHealth Inc., Luma Health Inc., OhMD Inc., Updox LLC, Medchat LLC, Paubox Inc., Kno2 LLC, Scrypt Inc., Telmediq Inc., CareWire Inc., Medigram Inc., Messagenius, Spruce Health Inc., DrFirst Inc.
North America was the largest region in the secure messaging in healthcare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the secure messaging in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the secure messaging in healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Secure messaging in healthcare involves utilizing encrypted and protected communication methods to share information among healthcare professionals, patients, and other stakeholders. This approach ensures that sensitive health information - such as medical records, test results, and treatment plans - is transmitted while maintaining confidentiality, integrity, and authenticity. Secure messaging systems are vital in healthcare for safeguarding patient privacy, facilitating efficient communication, and improving care coordination.
The primary types of secure messaging in healthcare include medical compliance, direct secure messaging, secure file transfer, secure form processing, and secure patient information. Medical compliance pertains to the process of ensuring that healthcare practices, communications, and data handling adhere to established regulations, laws, and standards. Various components encompass software and services tailored for different applications, including hospitals, clinics, nursing homes, long-term care facilities, ambulatory surgery centers (ASCs), trauma centers, rehabilitation centers, and home healthcare services.
The secure messaging in healthcare market research report is one of a series of new reports that provides secure messaging in healthcare market statistics, including secure messaging in healthcare industry global market size, regional shares, competitors with a secure messaging in healthcare market share, detailed secure messaging in healthcare market segments, market trends and opportunities, and any further data you may need to thrive in the secure messaging in healthcare industry. This secure messaging in healthcare market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The secure messaging in healthcare market includes revenues earned by entities by encrypted email services, secure text messaging, telehealth and telemedicine communication, and electronic health record (EHR) integration. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The secure messaging in healthcare market size has grown rapidly in recent years. It will grow from $0.7 billion in 2023 to $0.83 billion in 2024 at a compound annual growth rate (CAGR) of 18.9%. The growth during the historical period can be attributed to several factors, including the need for regulatory compliance and data security, an increase in cybersecurity threats, the widespread adoption of electronic health records, a rising demand for telehealth and remote patient care, and the growing complexity of patient care.
The secure messaging in healthcare market size is expected to see rapid growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 19.1%. The anticipated growth during the forecast period can be attributed to several factors, including a heightened emphasis on patient data privacy, the expansion of remote and hybrid work models, an increasing adoption of mobile health apps, the emergence of value-based care models, and ongoing healthcare digital transformation initiatives. Key trends expected in this period include the growth of cloud-based solutions, an enhanced focus on user experience, the adoption of blockchain technology for improved security, a focus on personalized patient engagement, and the expansion of secure messaging beyond clinical settings.
The increasing incidence of data breaches in the healthcare sector is projected to drive the growth of secure messaging solutions in the healthcare market. Data breaches in this industry refer to the unauthorized access, disclosure, or theft of sensitive patient information, including medical records, personal details, and financial information, which jeopardizes patient privacy and security. The rise in these breaches is primarily attributed to the growing digitization of health records, insufficient cybersecurity measures, the high market value of medical data, and the escalating sophistication of cyberattacks aimed at vulnerable healthcare systems. Secure messaging technologies play a crucial role in mitigating data breaches by ensuring that sensitive patient information is communicated through encrypted and secure channels, thereby minimizing the risk of unauthorized access. For example, in July 2024, the HIPAA Journal reported that in January 2024, there were 61 data breaches involving 500 or more records reported to the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR), indicating a 22% decrease in reported breaches from the previous month. Consequently, the rising frequency of data breaches in the healthcare sector is fueling the demand for secure messaging solutions.
Leading companies in the secure messaging in healthcare market are concentrating on creating advanced solutions, such as secure messaging applications, to transform communication in the healthcare sector. Secure messaging apps utilize encryption to protect communications, ensuring that only designated recipients can access the messages, thus safeguarding privacy and preventing unauthorized access. For instance, in May 2024, Lumeca Health Inc., a software company based in Canada, introduced Lumeca Messages, a secure messaging application designed specifically for healthcare professionals. This app offers end-to-end encryption for patient communications and features real-time messaging, secure file sharing, and seamless integration with electronic health records (EHRs) to ensure compliance with healthcare privacy regulations. Additionally, the app boasts a user-friendly interface that includes features such as message tagging and read receipts to improve communication efficiency within healthcare teams.
In February 2022, Stryker Corporation, a medical technology company based in the United States, acquired Vocera Communications, Inc. for an undisclosed sum. This acquisition aims to enhance Stryker's digital healthcare capabilities by incorporating Vocera’s advanced communication and care coordination technologies to improve patient safety and outcomes. Vocera Communications, Inc. specializes in providing software applications for secure messaging within hospital facilities.
Major companies operating in the secure messaging in healthcare market are Stryker Corporation, Doximity, Imprivata Inc., Jive Software LLC, Spok Holdings Inc., symplr Software LLC, PerfectServe Inc., Relatient LLC, Artera, TigerConnect Inc., QliqSOFT Inc., Virtru Corp, CipherHealth Inc., Luma Health Inc., OhMD Inc., Updox LLC, Medchat LLC, Paubox Inc., Kno2 LLC, Scrypt Inc., Telmediq Inc., CareWire Inc., Medigram Inc., Messagenius, Spruce Health Inc., DrFirst Inc.
North America was the largest region in the secure messaging in healthcare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the secure messaging in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the secure messaging in healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Secure messaging in healthcare involves utilizing encrypted and protected communication methods to share information among healthcare professionals, patients, and other stakeholders. This approach ensures that sensitive health information - such as medical records, test results, and treatment plans - is transmitted while maintaining confidentiality, integrity, and authenticity. Secure messaging systems are vital in healthcare for safeguarding patient privacy, facilitating efficient communication, and improving care coordination.
The primary types of secure messaging in healthcare include medical compliance, direct secure messaging, secure file transfer, secure form processing, and secure patient information. Medical compliance pertains to the process of ensuring that healthcare practices, communications, and data handling adhere to established regulations, laws, and standards. Various components encompass software and services tailored for different applications, including hospitals, clinics, nursing homes, long-term care facilities, ambulatory surgery centers (ASCs), trauma centers, rehabilitation centers, and home healthcare services.
The secure messaging in healthcare market research report is one of a series of new reports that provides secure messaging in healthcare market statistics, including secure messaging in healthcare industry global market size, regional shares, competitors with a secure messaging in healthcare market share, detailed secure messaging in healthcare market segments, market trends and opportunities, and any further data you may need to thrive in the secure messaging in healthcare industry. This secure messaging in healthcare market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The secure messaging in healthcare market includes revenues earned by entities by encrypted email services, secure text messaging, telehealth and telemedicine communication, and electronic health record (EHR) integration. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Secure Messaging in Healthcare Market Characteristics3. Secure Messaging in Healthcare Market Trends and Strategies32. Global Secure Messaging in Healthcare Market Competitive Benchmarking33. Global Secure Messaging in Healthcare Market Competitive Dashboard34. Key Mergers and Acquisitions in the Secure Messaging in Healthcare Market
4. Secure Messaging in Healthcare Market - Macro Economic Scenario
5. Global Secure Messaging in Healthcare Market Size and Growth
6. Secure Messaging in Healthcare Market Segmentation
7. Secure Messaging in Healthcare Market Regional and Country Analysis
8. Asia-Pacific Secure Messaging in Healthcare Market
9. China Secure Messaging in Healthcare Market
10. India Secure Messaging in Healthcare Market
11. Japan Secure Messaging in Healthcare Market
12. Australia Secure Messaging in Healthcare Market
13. Indonesia Secure Messaging in Healthcare Market
14. South Korea Secure Messaging in Healthcare Market
15. Western Europe Secure Messaging in Healthcare Market
16. UK Secure Messaging in Healthcare Market
17. Germany Secure Messaging in Healthcare Market
18. France Secure Messaging in Healthcare Market
19. Italy Secure Messaging in Healthcare Market
20. Spain Secure Messaging in Healthcare Market
21. Eastern Europe Secure Messaging in Healthcare Market
22. Russia Secure Messaging in Healthcare Market
23. North America Secure Messaging in Healthcare Market
24. USA Secure Messaging in Healthcare Market
25. Canada Secure Messaging in Healthcare Market
26. South America Secure Messaging in Healthcare Market
27. Brazil Secure Messaging in Healthcare Market
28. Middle East Secure Messaging in Healthcare Market
29. Africa Secure Messaging in Healthcare Market
30. Secure Messaging in Healthcare Market Competitive Landscape and Company Profiles
31. Secure Messaging in Healthcare Market Other Major and Innovative Companies
35. Secure Messaging in Healthcare Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Secure Messaging In Healthcare Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on secure messaging in healthcare market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for secure messaging in healthcare? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The secure messaging in healthcare market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Medical Compliance; Direct Secure Messaging; Secure File Transfer; Secure Forms Processing; Secure Patient Information2) By Component: Software; Services
3) By Application: Hospitals; Clinics; Nursing Homes; Long Term Care; Ambulatory Surgery Centers (ASCs) And Trauma Centers; Rehabilitation Centers; Home Healthcare
Key Companies Mentioned: Stryker Corporation; Doximity; Imprivata Inc.; Jive Software LLC; Spok Holdings Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies profiled in this Secure Messaging in Healthcare market report include:- Stryker Corporation
- Doximity
- Imprivata Inc.
- Jive Software LLC
- Spok Holdings Inc.
- symplr Software LLC
- PerfectServe Inc.
- Relatient LLC
- Artera
- TigerConnect Inc.
- QliqSOFT Inc.
- Virtru Corp
- CipherHealth Inc.
- Luma Health Inc.
- OhMD Inc.
- Updox LLC
- Medchat LLC
- Paubox Inc.
- Kno2 LLC
- Scrypt Inc.
- Telmediq Inc.
- CareWire Inc.
- Medigram Inc.
- Messagenius
- Spruce Health Inc.
- DrFirst Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | December 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 0.83 Billion |
Forecasted Market Value ( USD | $ 1.67 Billion |
Compound Annual Growth Rate | 19.1% |
Regions Covered | Global |
No. of Companies Mentioned | 27 |