This Clinical Communication And Collaboration 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 clinical communication and collaboration market size has grown rapidly in recent years. It will grow from $2.56 billion in 2023 to $3.04 billion in 2024 at a compound annual growth rate (CAGR) of 19%. The growth during the historic period can be attributed to the increased adoption of digital health solutions, the expansion of telemedicine and remote care services, a heightened focus on patient-centered care, the rising use of electronic health records (EHRs), and the growth of mobile health (mHealth) applications.
The clinical communication and collaboration market size is expected to see rapid growth in the next few years. It will grow to $6.15 billion in 2028 at a compound annual growth rate (CAGR) of 19.3%. The growth in the forecast period can be attributed to the increasing adoption of mobile health technologies, rising demand for real-time patient data access, the growing trend of value-based care models, heightened emphasis on data security and privacy, and the expanding number of connected healthcare devices. Key trends during this period include the adoption of artificial intelligence (AI)-powered tools, the implementation of secure messaging platforms, the development of interoperable systems, advancements in telemedicine, and the integration of wearable health devices.
The increasing shift towards home healthcare is projected to drive the growth of the clinical communication and collaboration market. Home healthcare involves a variety of medical services provided at a patient's home, including chronic disease management, rehabilitation, infusion therapy, and personalized care plans. This approach allows patients to receive treatment in a more comfortable and cost-effective environment. The shift towards home healthcare is mainly driven by advancements in medical technology, an aging population, a preference for personalized care, cost savings compared to hospital stays, and improvements in home monitoring and telemedicine solutions. Clinical communication and collaboration tools facilitate this shift by ensuring seamless coordination among healthcare providers, leading to timely and effective care management for patients at home. For example, in April 2024, the Bureau of Labor Statistics reported that approximately 12 million Americans receive home healthcare services annually, with 86% of these patients being 65 years old or older. This trend underscores the growing demand for clinical communication and collaboration solutions.
Key companies in the clinical communication and collaboration market are focusing on developing innovative solutions such as language and communication platforms to enhance remote patient monitoring, virtual consultations, and data security. These platforms incorporate features like encrypted messaging, real-time updates, and integration with electronic health records (EHRs) to improve healthcare team collaboration. For instance, in February 2024, Canopy Innovations Inc., a U.S.-based digital health company, introduced CanopySpeak, a language and communication platform designed to improve interactions between healthcare providers and patients with limited English proficiency. CanopySpeak facilitates real-time, multilingual communication, helping to bridge language barriers and ensure that critical information is accurately shared, even in urgent clinical situations.
In April 2023, Akkadian Labs, a US-based software development company specializing in automating user provisioning for unified communications (UC) systems, and Mobile Heartbeat announced a technology partnership for an undisclosed amount. This collaboration seeks to improve healthcare communication by integrating Akkadian Labs' unified communications provisioning automation with Mobile Heartbeat's MH-CURE® platform. Mobile Heartbeat is a leading US-based company focused on clinical communication and collaboration solutions.
Major companies operating in the clinical communication and collaboration market are Microsoft Corporation, Intel Corporation, Cisco Systems Inc., Oracle Corporation, NEC Corporation, Siemens Healthineers AG, Koninklijke Philips N.V., Stryker Corporation, Zebra Technologies Corporation, Omnicare Inc., Epic Systems Corporation, Hill-Rom Holdings Inc., Avaya Holdings Corp., Nuance Communications Inc., BlackBerry Limited, Everbridge Inc., Ascom Holding AG, Jive Software Inc., Spok Holdings Inc., Orion Health Group Limited, G2 Inc., TeleTracking Technologies Inc., PerfectServe Inc., NantHealth Inc., Mobile Heartbeat Inc.
North America was the largest region in the clinical communication and collaboration market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clinical communication and collaboration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the clinical communication and collaboration market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Clinical communication and collaboration involve the processes and tools that enable healthcare professionals to efficiently exchange information, coordinate care, and collaborate across different teams and departments to improve patient outcomes. These systems streamline communication, share patient information, and coordinate care, leading to enhanced patient safety, improved care coordination, quicker response times, and increased efficiency.
The main components of the clinical communication and collaboration market include solutions and services. Solutions in this market consist of technologies and software designed to facilitate effective communication among healthcare professionals. These solutions can be deployed in various ways, including hosted and on-premise options, and are used by various end-users such as hospitals, clinical laboratories, physicians, and others.
The clinical communication and collaboration market research report is one of a series of new reports that provides clinical communication and collaboration market statistics, including the clinical communication and collaboration industry global market size, regional shares, competitors with clinical communication and collaboration market share, detailed clinical communication and collaboration market segments, market trends, and opportunities, and any further data you may need to thrive in the clinical communication and collaboration industry. These clinical communication and collaboration market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The clinical communication and collaboration market consists of revenues earned by entities by providing services such as telemedicine and video conferencing, patient handoff solutions, workflow optimization, real time location tracking, patient engagement solutions, compliance, and security features. The market value includes the value of related goods sold by the service provider or included within the service offering. The clinical communication and collaboration market also includes sales of wearable devices, pagers, intercom systems, and nurse call systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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 clinical communication and collaboration market size has grown rapidly in recent years. It will grow from $2.56 billion in 2023 to $3.04 billion in 2024 at a compound annual growth rate (CAGR) of 19%. The growth during the historic period can be attributed to the increased adoption of digital health solutions, the expansion of telemedicine and remote care services, a heightened focus on patient-centered care, the rising use of electronic health records (EHRs), and the growth of mobile health (mHealth) applications.
The clinical communication and collaboration market size is expected to see rapid growth in the next few years. It will grow to $6.15 billion in 2028 at a compound annual growth rate (CAGR) of 19.3%. The growth in the forecast period can be attributed to the increasing adoption of mobile health technologies, rising demand for real-time patient data access, the growing trend of value-based care models, heightened emphasis on data security and privacy, and the expanding number of connected healthcare devices. Key trends during this period include the adoption of artificial intelligence (AI)-powered tools, the implementation of secure messaging platforms, the development of interoperable systems, advancements in telemedicine, and the integration of wearable health devices.
The increasing shift towards home healthcare is projected to drive the growth of the clinical communication and collaboration market. Home healthcare involves a variety of medical services provided at a patient's home, including chronic disease management, rehabilitation, infusion therapy, and personalized care plans. This approach allows patients to receive treatment in a more comfortable and cost-effective environment. The shift towards home healthcare is mainly driven by advancements in medical technology, an aging population, a preference for personalized care, cost savings compared to hospital stays, and improvements in home monitoring and telemedicine solutions. Clinical communication and collaboration tools facilitate this shift by ensuring seamless coordination among healthcare providers, leading to timely and effective care management for patients at home. For example, in April 2024, the Bureau of Labor Statistics reported that approximately 12 million Americans receive home healthcare services annually, with 86% of these patients being 65 years old or older. This trend underscores the growing demand for clinical communication and collaboration solutions.
Key companies in the clinical communication and collaboration market are focusing on developing innovative solutions such as language and communication platforms to enhance remote patient monitoring, virtual consultations, and data security. These platforms incorporate features like encrypted messaging, real-time updates, and integration with electronic health records (EHRs) to improve healthcare team collaboration. For instance, in February 2024, Canopy Innovations Inc., a U.S.-based digital health company, introduced CanopySpeak, a language and communication platform designed to improve interactions between healthcare providers and patients with limited English proficiency. CanopySpeak facilitates real-time, multilingual communication, helping to bridge language barriers and ensure that critical information is accurately shared, even in urgent clinical situations.
In April 2023, Akkadian Labs, a US-based software development company specializing in automating user provisioning for unified communications (UC) systems, and Mobile Heartbeat announced a technology partnership for an undisclosed amount. This collaboration seeks to improve healthcare communication by integrating Akkadian Labs' unified communications provisioning automation with Mobile Heartbeat's MH-CURE® platform. Mobile Heartbeat is a leading US-based company focused on clinical communication and collaboration solutions.
Major companies operating in the clinical communication and collaboration market are Microsoft Corporation, Intel Corporation, Cisco Systems Inc., Oracle Corporation, NEC Corporation, Siemens Healthineers AG, Koninklijke Philips N.V., Stryker Corporation, Zebra Technologies Corporation, Omnicare Inc., Epic Systems Corporation, Hill-Rom Holdings Inc., Avaya Holdings Corp., Nuance Communications Inc., BlackBerry Limited, Everbridge Inc., Ascom Holding AG, Jive Software Inc., Spok Holdings Inc., Orion Health Group Limited, G2 Inc., TeleTracking Technologies Inc., PerfectServe Inc., NantHealth Inc., Mobile Heartbeat Inc.
North America was the largest region in the clinical communication and collaboration market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clinical communication and collaboration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the clinical communication and collaboration market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Clinical communication and collaboration involve the processes and tools that enable healthcare professionals to efficiently exchange information, coordinate care, and collaborate across different teams and departments to improve patient outcomes. These systems streamline communication, share patient information, and coordinate care, leading to enhanced patient safety, improved care coordination, quicker response times, and increased efficiency.
The main components of the clinical communication and collaboration market include solutions and services. Solutions in this market consist of technologies and software designed to facilitate effective communication among healthcare professionals. These solutions can be deployed in various ways, including hosted and on-premise options, and are used by various end-users such as hospitals, clinical laboratories, physicians, and others.
The clinical communication and collaboration market research report is one of a series of new reports that provides clinical communication and collaboration market statistics, including the clinical communication and collaboration industry global market size, regional shares, competitors with clinical communication and collaboration market share, detailed clinical communication and collaboration market segments, market trends, and opportunities, and any further data you may need to thrive in the clinical communication and collaboration industry. These clinical communication and collaboration market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The clinical communication and collaboration market consists of revenues earned by entities by providing services such as telemedicine and video conferencing, patient handoff solutions, workflow optimization, real time location tracking, patient engagement solutions, compliance, and security features. The market value includes the value of related goods sold by the service provider or included within the service offering. The clinical communication and collaboration market also includes sales of wearable devices, pagers, intercom systems, and nurse call systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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. Clinical Communication and Collaboration Market Characteristics3. Clinical Communication and Collaboration Market Trends and Strategies32. Global Clinical Communication and Collaboration Market Competitive Benchmarking33. Global Clinical Communication and Collaboration Market Competitive Dashboard34. Key Mergers and Acquisitions in the Clinical Communication and Collaboration Market
4. Clinical Communication and Collaboration Market - Macro Economic Scenario
5. Global Clinical Communication and Collaboration Market Size and Growth
6. Clinical Communication and Collaboration Market Segmentation
7. Clinical Communication and Collaboration Market Regional and Country Analysis
8. Asia-Pacific Clinical Communication and Collaboration Market
9. China Clinical Communication and Collaboration Market
10. India Clinical Communication and Collaboration Market
11. Japan Clinical Communication and Collaboration Market
12. Australia Clinical Communication and Collaboration Market
13. Indonesia Clinical Communication and Collaboration Market
14. South Korea Clinical Communication and Collaboration Market
15. Western Europe Clinical Communication and Collaboration Market
16. UK Clinical Communication and Collaboration Market
17. Germany Clinical Communication and Collaboration Market
18. France Clinical Communication and Collaboration Market
19. Italy Clinical Communication and Collaboration Market
20. Spain Clinical Communication and Collaboration Market
21. Eastern Europe Clinical Communication and Collaboration Market
22. Russia Clinical Communication and Collaboration Market
23. North America Clinical Communication and Collaboration Market
24. USA Clinical Communication and Collaboration Market
25. Canada Clinical Communication and Collaboration Market
26. South America Clinical Communication and Collaboration Market
27. Brazil Clinical Communication and Collaboration Market
28. Middle East Clinical Communication and Collaboration Market
29. Africa Clinical Communication and Collaboration Market
30. Clinical Communication and Collaboration Market Competitive Landscape and Company Profiles
31. Clinical Communication and Collaboration Market Other Major and Innovative Companies
35. Clinical Communication and Collaboration Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Clinical Communication And Collaboration Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on clinical communication and collaboration 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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- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
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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 clinical communication and collaboration? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The clinical communication and collaboration 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 Component: Solution; Services2) By Deployment: Hosted; On-Premise
3) By End User: Hospitals; Clinical Labs; Physicians; Other End Users
Key Companies Mentioned: Microsoft Corporation; Intel Corporation; Cisco Systems Inc.; Oracle Corporation; NEC Corporation
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 Clinical Communication and Collaboration market report include:- Microsoft Corporation
- Intel Corporation
- Cisco Systems Inc.
- Oracle Corporation
- NEC Corporation
- Siemens Healthineers AG
- Koninklijke Philips N.V.
- Stryker Corporation
- Zebra Technologies Corporation
- Omnicare Inc.
- Epic Systems Corporation
- Hill-Rom Holdings Inc.
- Avaya Holdings Corp.
- Nuance Communications Inc.
- BlackBerry Limited
- Everbridge Inc.
- Ascom Holding AG
- Jive Software Inc.
- Spok Holdings Inc.
- Orion Health Group Limited
- G2 Inc.
- TeleTracking Technologies Inc.
- PerfectServe Inc.
- NantHealth Inc.
- Mobile Heartbeat Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | December 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 3.04 Billion |
| Forecasted Market Value ( USD | $ 6.15 Billion |
| Compound Annual Growth Rate | 19.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
