Secure Messaging In Healthcare Market

Global Market Study on Secure Messaging in Healthcare: Integration with Wearable Devices Signal Massive Opportunity

Secure Messaging In Healthcare Market is segmented by Software, Services, Hospitals, Clinics, Laboratories

Introduction

PMR’s research study on the global market for secure messaging technology in healthcare covers insights about market trends, value (US$ Mn) projections, recent developments, and dynamics in the secure messaging in private healthcare market for the forecast period of 2019 - 2029.

The secure messaging in healthcare market is projected to expand at a CAGR of ~20%. North America accounted for a market share of ~60% in 2018 will remain the prominent regional market in terms of value. The primacy of North American market is attributed to continued investments of enterprises in the region in healthcare technology with an aim to improve operational efficiency.

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Companies

  • Vocera Communications, Inc.  
  • Imprivata Inc.
  • Spok Inc. 
  • Cerner Corporation 
  • Athena Health, Inc. 
  • TigerText 
  • Patientsafe Solutions, Inc. 
  • CellTrust Corporation 
  • Voalte 
  • Amtelco 

 

Rising Concern Towards Protection of Patient Data

Secure messaging in healthcare is an integral part of protecting the patient information and ensuring healthcare cybersecurity. These factors are driving the growth of the secure messaging in healthcare market. The Health Insurance Portability and Accountability Act (HIPAA) make the necessity to maintain privacy for protected health information to all healthcare providers.

This secure messaging in healthcare provides a user-friendly and cloud-based channel for HIPAA IT compliance. These are significant factors boosting the secure messaging in healthcare market growth.

global secure messaging in healthcare

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Benefits in Collaboration with End-Point Security Providers

Collaboration with end-point security providers will create positive impact on secure messaging in healthcare vendors to enhance their user experience by providing enhance security to IT systems and mobile communication devices. With this, they will be able to provide their customers with more robust functionalities and interface capabilities of their secure messaging in healthcare platform.

Market Research Methodology - Perfected through Years of Diligence

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

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Integrating Secure Messaging Platform with Wearable Devices

The emergence of wearable devices has created new opportunities for secure messaging in healthcare vendors to integrate their platform with such devices, in order to facilitate real-time patient monitoring.

The use of secure messaging in healthcare platforms provides multiple communication functionalities such as text messaging and voice communication. Therefore, such integration will create more opportunities to amplify market capabilities.

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Growth Opportunities Abound in Asia Pacific

The secure messaging in healthcare market providers are focusing on increasing their businesses opportunities across countries in the Asia Pacific region such as China, India, and Indonesia to improve the operational efficiency for healthcare organizations, promote care coordination during visits, and address patient questions and concerns.

All these factors are supporting the increasing demand for secure messaging in healthcare. In addition, technological advancements in the healthcare sector such as usage of secure electronic messaging and mobile software technology for healthcare are bolstering the secure messaging in healthcare market growth.

 Secure Messaging in Healthcare Market – Competition Landscape

The secure messaging in healthcare, providers are opting for strategic partnership with other small and regional players in the market to meet its growing demand in various end-user industries including hospitals, clinics, and laboratories. The key players in the secure messaging in healthcare market collectively hold 50-55% of the total market share.

Some of the prominent players in secure messaging in healthcare market are Imprivata Inc., Vocera Communications, Spok Inc., Athena Health, Inc., Cerner Corporation, and TigerText.

Key Questions Answered in Secure Messaging in Healthcare Market Report

  • How has the secure messaging in healthcare market progressed over the last four years?
  • What are some of the prominent market dynamics in secure messaging in healthcare market?
  • What structure is the secure messaging in healthcare market projected to take in form of value during the study period?
  • What are the competitive trends and rescent developments in the secure messaging in healthcare market?
  • What are the significant opportunities, challenges, and improvement factors for secure messaging in healthcare market players?
  • What are some of the underlying macroeconomic factors impacting the growth of the secure messaging in healthcare market?
  • What are the essential market positioning strategies implemented by service provider?
  • How is the market structure analysis at present and how has it developed in the secure messaging in healthcare market over the last few years?

Secure Messaging in Healthcare Market: Segmentation

Component
  • Software
  • Services
End User
  • Hospitals
  • Clinics
  • Laboratories

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Excluding Japan
  • Japan
  • Middle East & Africa

The global market of secure messaging in healthcare values represented in the report have been presented by collecting data and information at the regional level. The secure messaging in healthcare market information covers unique analysis such as absolute $ opportunity, along with key facts and insights, year-on-year(Y-o-Y) growth trend comparison, market share, and attractiveness analysis for each of the sub-types covered in each segment of this secure messaging in healthcare market report.

The report also exhibits a summarized analysis of the global secure messaging in healthcare market based on the seven prominent regions. The section includes trends, regional market position, growth potential, and attractiveness analysis for each of these regions. All the segments present the current market scenario of the global secure messaging in healthcare market, while the forecast presented assesses the market size in terms of value as well volume.

In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the global secure messaging in healthcare market is expected to develop in the future.

Given the characteristics of the secure messaging in healthcare market, we triangulated the outcome of three different types of analysis: primary research, secondary research, and our own analysis. However, forecasting the market in terms of various segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the completion of the forecast exercise.

All the secure messaging in healthcare market segments and sub-segments have been analyzed on key feature of the secure messaging in healthcare market report is the analysis of all the key segments in the secure messaging in healthcare market, sub-segments, and regional adoption and revenue forecast in terms of absolute dollar opportunity.

This is traditionally overlooked while forecasting the market; however, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential reComponents from a sales and delivery perspective in the secure messaging in healthcare market.

In the final section of the secure messaging in healthcare market report, a competitive landscape of the secure messaging in healthcare market has been included to provide report audiences with a dashboard view categorized on the basis of providers present in the value chain, their presence in the secure messaging in healthcare market, and key differentiating factors and strategies. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the secure messaging in healthcare market.

Report audience can gain segment-specific vendor insights to identify and evaluate key competitors on the basis of the in-depth assessment of their capabilities and success in the secure messaging in healthcare marketplace. Detailed company profiles are shortlisted and included under the scope of the report to evaluate their short as well as long term strategies, product offerings and current developments in the market of secure messaging in healthcare platforms.

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