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Clinical Communication & Collaboration Market Analysis by Component (Service, Solution), Deployment (Hosted, On-premise), End Use (Clinics, Hospitals) and by Region: Global Forecast, 2024 - 2033

  • PUBLISHED ON
  • 2021-06-03
  • NO OF PAGES
  • 281
  • CATEGORY
  • Healthcare & Life Sciences

Market Overview

The Clinical Communication & Collaboration market is predicted to develop at a compound annual growth rate (CAGR) of 12.15% from 2024 to 2033, when it is projected to reach USD 5.86 billion, based on an average growth pattern. The market is estimated to reach a value of USD 1.66 billion in 2024.

                                  

SOURCE: We Market Research

The market for clinical communication and collaboration, or CC&C, is the developing field devoted to enhancing coordination and communication in healthcare environments. In order to improve communication amongst healthcare workers, it entails integrating cutting-edge technologies including mobile applications, secure messaging, and workflow optimization tools. This industry strives to promote effective communication among clinicians, nurses, and other healthcare workers in order to speed information exchange, decrease reaction times, and ultimately enhance patient care. In order to improve patient outcomes, streamline clinical workflows, and foster efficient communication throughout the healthcare ecosystem, the CC&C market is essential as the healthcare sector continues to embrace digital transformation.

There are multiple primary drivers that propel the Clinical Communication & Collaboration (CC&C) industry. First off, there is a growing need for enhanced communication solutions in healthcare settings due to the requirement for accurate and rapid information transmission. The second factor driving the market's growth is the increasing use of mobile technologies and the focus on interoperability. Regulatory actions that encourage the use of secure communications and collaboration platforms in healthcare settings also drive market expansion. Furthermore, the COVID-19 epidemic has expedited the assimilation of virtual communication instruments, hence augmenting the CC&C industry. The market is important for optimizing clinical workflows, fostering effective cooperation, and ultimately improving patient care outcomes, as these drivers collectively highlight.

 

 Market Scope

Report Attributes

Description

Market Size in 2024

USD 1.66 Billion

Market Forecast in 2033

USD 5.86 Billion

CAGR % 2024-2033

12.15%

Base Year

2023

Historic Data

2016-2022

Forecast Period

2024-2033

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Component, by Deployment, by End Use and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

 

Clinical Communication & Collaboration Industry: Dynamics & Restrains

Market Drivers

Need for Efficient Communication in Healthcare Settings- The imperative for efficient communication within healthcare settings propels the Clinical Communication & Collaboration (CC&C) market, driving demand for advanced solutions. Timely and accurate communication among healthcare professionals is paramount for optimal patient care, and CC&C platforms streamline this process. These solutions facilitate secure messaging, real-time updates, and seamless collaboration, reducing the risk of errors and enhancing overall patient outcomes. As the healthcare industry increasingly recognizes the vital role of communication in care delivery, the need for CC&C technologies intensifies, fueling market growth and innovation in response to the ever-evolving demands of modern healthcare ecosystems.

Rising demand for improved healthcare delivery- The escalating demand for enhanced healthcare delivery serves as a pivotal driver for the Clinical Communication & Collaboration (CC&C) Market. As the healthcare landscape evolves towards patient-centric care, there is a growing need for seamless communication and collaboration among healthcare professionals. CC&C solutions play a crucial role in optimizing care coordination, reducing response times, and improving overall operational efficiency. With an emphasis on delivering high-quality and timely healthcare services, the rising demand for improved healthcare delivery acts as a catalyst for the adoption of CC&C technologies, fostering innovation and advancements in communication tools within the healthcare sector.

Market restrains

Varied Communication Preferences Among Healthcare Professionals- The diverse communication preferences among healthcare professionals pose a restraint to the Clinical Communication & Collaboration (CC&C) Market. Various healthcare professionals may have different preferences for communication channels, ranging from traditional methods to digital platforms. Harmonizing these preferences within a unified CC&C solution can be challenging, potentially leading to resistance and fragmented communication practices. Striking a balance that accommodates the diverse needs of healthcare professionals, while ensuring seamless collaboration, becomes essential. Overcoming this constraint requires CC&C solution providers to design platforms that offer flexibility and customization to align with the varied communication preferences prevalent in the healthcare industry.

We Market Research: Clinical Communication & Collaboration Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.

                               

Clinical Communication & Collaboration Segmentation

Market- By Component Analysis

By Component, the Clinical Communication & Collaboration Market is Categories into Service, Solution. The Solution segment accounts for the largest share of around 61% in 2024.

                                

Hospitals are adopting Clinical Communication & Collaboration solutions at a faster pace due to a number of advantages such enhanced alarm systems, real-time data exchange, and video communication integration. The primary element that has fueled the expansion of this market is the integration of text messaging, video communication, alerts and notification systems, and advanced alarm systems into a single platform.

The following segments are part of an in-depth analysis of the global Clinical Communication & Collaboration market:

Market Segments

 

By   Deployment

·         Hosted

·         On-premise

By   End Use

·         Clinics

·         Hospitals

 

 Clinical Communication & Collaboration Industry: Regional Analysis

North America Market Forecast

North America dominate the Clinical Communication & Collaboration Market with the highest revenue generating market with share of more than 47%. One of the main factors influencing the adoption of Clinical Communication & Collaboration solutions in North America is the strict regulatory environment, especially in the US. Healthcare firms are being forced to invest in safe and effective communication platforms by compliance standards like HIPAA (Health Insurance Portability and Accountability Act).

                                   


Europe Market Statistics

Europe is the second-largest market for Clinical Communication & Collaboration. New technologies are being integrated, causing an increase in the European healthcare sector towards digital transformation. Complementing the wider trend of digitalization in healthcare, Clinical Communication & Collaboration solutions are essential for improving communication and care coordination among medical practitioners.

Asia Pacific Market Forecasts

Asia Pacific is expected to be the fastest-growing market for Clinical Communication & Collaboration during the forecast period. The Clinical Communication & Collaboration market in the Asia-Pacific region is mostly driven by rising healthcare spending and the quick uptake of mobile technologies. The market is expanding because of the need for real-time communication technologies that can enhance patient outcomes and shorten emergency response times.

 

Key Market Players

The Clinical Communication & Collaboration Market is dominated by a few large companies, such as

·         Microsoft Corporation

·         Everbridge

·         Spok Inc.

·         NEC Corporation

·         Intelligent Business Communication

·         Voalte

·         Ascom

·         Jive Sotware

·         Cisco Systems Inc.

·         UDG Healthcare PLC

·         Vocera Communications, Inc.

·         Others

Recent Developments:

·         July 2021, Vocera Communications, Inc. unveiled Vocera Edge, a smartphone app for cloud-based clinical communication and collaboration that enhances staff and physician communication while facilitating quick access to electronic health records for the healthcare system.

1.      Global Clinical Communication & Collaboration Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Clinical Communication & Collaboration Market Scope and Market Estimation

1.2.1. Global Clinical Communication & Collaboration Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 - 2033)

1.2.2. Global Clinical Communication & Collaboration Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033

1.3.    Market Segmentation

1.3.1. Component of Global Clinical Communication & Collaboration Market

1.3.2. Technology of Global Clinical Communication & Collaboration Market

1.3.3. End Use of Global Clinical Communication & Collaboration Market

1.3.4. Region of Global Clinical Communication & Collaboration Market

2.      Executive Summary

2.1.    Global Clinical Communication & Collaboration Market Industry Trends under COVID-19 Outbreak

2.1.1. Global COVID-19 Status Overview

2.1.2. Influence of COVID-19 Outbreak on Global Clinical Communication & Collaboration Market Industry Development

2.2.    Market Dynamics

2.2.1. Drivers

2.2.2. Limitations

2.2.3. Opportunities

2.2.4. Impact Analysis of Drivers and Restraints

2.3.    Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.    Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.    Porter’s Five Forces Analysis

2.5.1. Bargaining Power of Suppliers

2.5.2. Bargaining Power of Buyers

2.5.3. Threat of Substitutes

2.5.4. Threat of New Entrants

2.5.5. Competitive Rivalry

2.6.    Value Chain / Ecosystem Analysis

2.7.    Russia-Ukraine War Impacts Analysis

2.8.    Economic Downturn Analysis

2.9.      Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.      Global Clinical Communication & Collaboration Market Estimates & Historical Trend Analysis (2019 - 2022)

4.      Global Clinical Communication & Collaboration Market Estimates & Forecast Trend Analysis, by COMPONENT

4.1.    Global Clinical Communication & Collaboration Market Revenue (US$ Mn) Estimates and Forecasts, by COMPONENT, 2019 to 2033

4.1.1. Service

4.1.2. Solution

5.      Global Clinical Communication & Collaboration Market Estimates & Forecast Trend Analysis, by Deployment

5.1.    Global Clinical Communication & Collaboration Market Revenue (US$ Mn) Estimates and Forecasts, by Deployment, 2019 to 2033

5.1.1. Hosted

5.1.2. On-premise

6.      Global Clinical Communication & Collaboration Market Estimates & Forecast Trend Analysis, by End Use

6.1.    Global Clinical Communication & Collaboration Market Revenue (US$ Mn) Estimates and Forecasts, by End Use, 2019 to 2033

6.1.1. Clinics

6.1.2. Hospitals

7.      Global Clinical Communication & Collaboration Market Estimates & Forecast Trend Analysis, by Region

7.1.    Global Clinical Communication & Collaboration Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2033

7.1.1. North America

7.1.2. Europe

7.1.3. Asia Pacific

7.1.4. Middle East & Africa

7.1.5. South America

8.      North America Clinical Communication & Collaboration Market: Estimates & Forecast Trend Analysis

8.1.    North America Clinical Communication & Collaboration Market Assessments & Key Findings

8.1.1. North America Clinical Communication & Collaboration Market Introduction

8.1.2. North America Clinical Communication & Collaboration Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

8.1.2.1.   By COMPONENT

8.1.2.2.   By Deployment

8.1.2.3.   By End Use

8.1.2.4.   By Country

8.1.2.4.1.     The U.S.

8.1.2.4.2.     Canada

8.1.2.4.3.     Mexico

9.      Europe Clinical Communication & Collaboration Market: Estimates & Forecast Trend Analysis

9.1.    Europe Clinical Communication & Collaboration Market Assessments & Key Findings

9.1.1. Europe Clinical Communication & Collaboration Market Introduction

9.1.2. Europe Clinical Communication & Collaboration Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

9.1.2.1.   By COMPONENT

9.1.2.2.   By Deployment

9.1.2.3.   By End Use

9.1.2.4.        By Country

9.1.2.4.1.     Germany

9.1.2.4.2.     U.K.

9.1.2.4.3.     France

9.1.2.4.4.     Italy

9.1.2.4.5.     Spain

9.1.2.4.6.     Russia

9.1.2.4.7.     Rest of Europe

10.  Asia Pacific Clinical Communication & Collaboration Market: Estimates & Forecast Trend Analysis

10.1.  Asia Pacific Market Assessments & Key Findings

10.1.1.   Asia Pacific Clinical Communication & Collaboration Market Introduction

10.1.2.   Asia Pacific Clinical Communication & Collaboration Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

10.1.2.1.    By COMPONENT

10.1.2.2.    By Deployment

10.1.2.3.    By End Use

10.1.2.4.    By Country

10.1.2.4.1. China

10.1.2.4.2. Japan

10.1.2.4.3. India

10.1.2.4.4. Australia

10.1.2.4.5. South Korea

10.1.2.4.6. ASEAN

10.1.2.4.7. Rest of Asia Pacific

11.  Middle East & Africa Clinical Communication & Collaboration Market: Estimates & Forecast Trend Analysis

11.1.  Middle East & Africa Market Assessments & Key Findings

11.1.1.   Middle East & Africa Clinical Communication & Collaboration Market Introduction

11.1.2.   Middle East & Africa Clinical Communication & Collaboration Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

11.1.2.1.    By COMPONENT

11.1.2.2.    By Deployment

11.1.2.3.    By End Use

11.1.2.4.    By Country

11.1.2.4.1. U.A.E.

11.1.2.4.2. Saudi Arabia

11.1.2.4.3. Egypt

11.1.2.4.4. South Africa

11.1.2.4.5. Rest of Middle East & Africa

12.  South America Clinical Communication & Collaboration Market: Estimates & Forecast Trend Analysis

12.1.  South America Market Assessments & Key Findings

12.1.1.   South America Clinical Communication & Collaboration Market Introduction

12.1.2.   South America Clinical Communication & Collaboration Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

12.1.2.1.    By COMPONENT

12.1.2.2.    By Deployment

12.1.2.3.    By End Use

12.1.2.4.    By Country

12.1.2.4.1. Brazil

12.1.2.4.2. Argentina

12.1.2.4.3. Colombia

12.1.2.4.4. Rest of South America

13.  Competition Landscape

13.1.  Global Clinical Communication & Collaboration Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

13.2.  Global Clinical Communication & Collaboration Market Competition White Space Analysis, By End Use

13.3.  Global Clinical Communication & Collaboration Market Competition Heat Map Analysis, By End Use

13.4.  Global Clinical Communication & Collaboration Market Concentration & Company Market Shares (%) Analysis, 2022

14.  Company Profiles

14.1.                     Microsoft Corporation

14.1.1.   Company Overview & Key Stats

14.1.2.   Financial Performance & KPIs

14.1.3.   Product Portfolio

14.1.4.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

14.2.      Everbridge

14.3.      Spok Inc.

14.4.      NEC Corporation

14.5.      Intelligent Business Communication

14.6.      Voalte

14.7.      Ascom

14.8.      Jive Sotware

14.9.      Cisco Systems Inc.

14.10.  UDG Healthcare PLC

14.11.  TigerConnect

14.12.  Vocera Communications, Inc.

14.13.  Others

15.  Research Methodology

15.1.  External Transportations / Databases

15.2.  Internal Proprietary Database

15.3.  Primary Research

15.4.  Secondary Research

15.5.  Assumptions

15.6.  Limitations

15.7.  Report FAQs

16.  Research Findings & Conclusion

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Market Research Process