21 November 2019 | News
Adoption of Secure Messaging in Healthcare Buoyed by Demand for Secure Clinical Communication for Improved Patient Care Delivery
image courtesy: catapultsystems
Secure messaging in healthcare is set to become a billion-dollar market by 2029, as indicated by a new research study. Witnessing stupendous expansion at a CAGR of 20% during the forecast period (2019-2029), the market for secure messaging in healthcare will receive a prominent push from increasing demand for electronically secure messaging software, physician to patient secure communication, physician to physician secure e-consultation, and obligatory implementation of secure messaging in healthcare enterprises.
Adoption of secure messaging in healthcare sectors such as hospitals, laboratories, and clinics helps to address a variety of routine health issues more effectively and efficiently. It offers different features such as remote lock & wipes, message self-destruct, and passcode protection. The reliability of such features drives secure messaging in healthcare market growth.
Key Takeaways - Secure Messaging in Healthcare Market Study
The demand for secure messaging in healthcare platform to manage reliable secure communication for healthcare professionals is expected to further accelerate the growth of secure messaging in the healthcare market. The technological sophistication of hospitals, clinics, and diagnostic laboratories will continue to provide further impetus to adoption.
What Does Competitive Structure Reflect?
The report provides valuable insights on the company level, focusing on the competitive scenario in the secure messaging in healthcare market along with the business and marketing strategies of the upcoming market players. Some of the market players featured in the report are Vocera Communications, Imprivata Inc., Spok Inc., Cerner Corporation, Athena Health, Inc., TigerText, PatientSafe Solutions Inc., CellTrust Corporation, Voalte, and Amtelco.
The global secure messaging in the healthcare market is highly competitive due to the presence of a large number of players. Leading market participants currently hold around 50-55% of the market share. Prominent players or healthcare organizations in the market are forming strategic partnerships for the development of new technologies and software products. For instance, in September 2019, Australian Digital Health Agency (ADHA) partnered with 42 organizations to develop secure message functionality across various software products.
In the recent past, it is observed that healthcare organizations in the Asia Pacific region are deploying secure messaging platforms in order to improve patient care. This also helps enhance the text messaging capabilities by providing secure, traceable, and HIPPA-complaint text communications between caretakers, physicians, and nurses. These factors are creating a potential growth opportunity for developers and providers of secure messaging in healthcare.