Global Market Study on Clinical Communication and Collaboration: Text Anticipated to be the Most Attractive Content Type During the Forecast Period 2017 - 2025


Clinical Communications And Collaboration Market
  • Published On : Oct-2017 |
  • Pages : 297 Pages |
  • Format :

Report Description

Persistence Market Research offers an eight year forecast for the global clinical communication and collaboration market between 2017 and 2025. This study demonstrates the market dynamics and trends across North America, Latin America, Europe, APAC, and Middle East and Africa which influence the current nature and future status of the clinical communication and collaboration system market over the forecast period. This research report provides detailed analysis of the clinical communication and collaboration system market and offers insights on the various factors such as content type used by end users based on their requirement. The market study provides comprehensive assessment of key stakeholder strategies and imperatives for succeeding in the business. The report segregates the market based on component, content type and end user across different regions globally.

Report Structure

The report starts with an overview of the global clinical communication and collaboration system market. In addition, this section includes an analysis of key trends, drivers and restraints influencing market revenue growth. Impact analysis of key growth drivers and restraints are included in this report to facilitate clients with crystal clear decision-making insights. The global clinical communication and collaboration system market is categorized on the basis of component, content type, end user and region. A detailed analysis has been provided for every segment in terms of market size across the different regions. The report provides a market outlook for 2017–2025 and sets the forecast within the context of the global clinical communication and collaboration system market, including latest technological developments as well as service offerings in the market. This study discusses key trends within countries contributing to the growth of the market, as well as analyses degree at which drivers are influencing this market in each region.

In the final section of the report, we include a competitive landscape to provide clients with a dashboard view based on categories of providers in the value chain, their presence in the global clinical communication and collaboration system market and key differentiators. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the clinical communication and collaboration system value chain and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the global market.

Research Methodology

This report evaluates the present scenario and future growth prospects of the global clinical communication and collaboration system market across various regions for the period 2017 –2025. We have considered 2016 as the base year and provide data for the trailing 12 months. The forecast presented here assesses the total revenue by value across the market. In order to offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the clinical communication and collaboration system market will develop in the future. Given the characteristics of the market, we have triangulated the outcome of different content types and components based on the technology trends. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze the market on the basis of key parameters such as year-on-year growth to understand the predictability of the market and to identify the right opportunities across the market.

Key Segments Covered

  • By Content Type
    • Text
    • Video
    • Voice
  • By Component
    • Software
    • Services
  • By End User
    • Clinical Labs
    • Hospitals
    • Physicians
    • Others

Key Regions Covered

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Nordic
    • Benelux
    • Russia
    • Poland
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • A&NZ
    • Rest of Asia Pacific
  • Middle East & Africa
    • North Africa
    • South Africa
    • GCC
    • Turkey
    • Rest of Middle East & Africa

An introduction to the global clinical communication and collaboration market

Clinical communication and collaboration solutions are primarily used to coordinate activities among physicians, nurses, clinicians and other healthcare staff. A growing dependency on IT in the healthcare sector has led to the adoption of clinical communication and collaboration solutions in hospitals, clinics, and other healthcare facilities across the world. Need to address communication inefficiencies in healthcare organizations, advancement in IT systems and healthcare technologies, and adoption of next generation alarm management platforms are major factors driving revenue growth of the global clinical communication and collaboration market. The global clinical communication and collaboration market is expected to witness significant growth during the forecast period. This growth is attributed to an increasing number of enterprises providing a wide range of clinical communication and collaboration solutions. Moreover, increasing participation and initiatives undertaken by the governments of various countries to adopt these solutions for digitalization of the healthcare industry is increasing the adoption of clinical communication and collaboration solutions across the globe. However high cost and lack of technical knowledge is anticipated to restrain market revenue growth over the forecast period.

Key players are introducing technologically advanced sensors and automation systems that can be deployed in gadgets used for communication to maximize the operational efficiency of clinical and healthcare staff. Partnerships with hospitals, clinical labs, and other medical institutions is expected to remain as the key strategy of leading players operating in the global clinical communication and collaboration market to increase their sales growth. Long-term contracts with business partners helps increase business revenue and new innovation strategy enabling vendors to reach new potential customers in emerging markets.

A brief overview of the content type segment in the global clinical communication and collaboration market 

Text: This segment elaborates the communication performed at a clinical level using ‘text’ as a medium of communication.

Video: This segment includes the communication performed at a clinical level using ‘video’ as a medium of communication. Engaging video content is used at clinics, labs, and hospitals.

Voice: This segment includes the communication performed at a clinical level using ‘voice’ as a medium of communication.

clinical communication and collaboration market

Text to remain top content type during the forecast period

The global clinical communication and collaboration market is classified on the basis of content type into text, video, and voice. Persistence Market Research projections indicate that the text segment will lead the global market in terms of value share during both the years 2017 and 2025, with an estimated market share in excess of 40% held over the forecast period. In terms of value, the text segment is anticipated to increase 3.3X between 2017 and 2025. In 2016, the text segment was valued at US$ 97.5 Mn and is expected to witness steady growth in terms of revenue throughout the forecast period. Revenue contribution from the text segment is anticipated to expand at a CAGR of 16.3% during the forecast period.

Revenue generation from the video segment is expected to increase at a high CAGR over the forecast period. In terms of value, the video segment is anticipated to increase 3.8X between 2017 and 2025. The video segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 18.4% during the forecast period. Revenue from the voice segment is expected to increase from US$ 84.0 Mn in 2017 to US$ 286.8 Mn by 2025 end, representing a relatively high CAGR of 16.8% from 2017 to 2025. In terms of value, the voice segment is anticipated to increase 3.4X between 2017 and 2025.

Company Profiles

  • VOCERA COMMUNICATIONS, INC.
  • TIGERTEXT
  • Intelligent Business Communication – AGNITY
  • Cisco Systems Inc.
  • Jive Software, Inc.
  • Microsoft Corporation
  • EVERBRIDGE, INC.
  • PerfectServe, Inc.
  • Uniphy Health Holding LLC
  • Spok Inc.
  • NEC Corporation
  • Ashfield Healthcare Communication
  • Ascom Holding AG
  • Patientsafe
  • Voalte
  • Others.
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