What is HIPAA Compliant Messaging Software Market?
HIPAA compliant messaging software can be used between physician and patient, as well as between health care professionals for efficient cross-clinical communication. It is a secure way to efficiently communicate with their patients using convenient pieces of technology while still remaining in compliance with industry standards and regulations. The factors such as Increasing Demand from the Healthcare Sector and Rising Number of Hospitals and Clinics are driving the global HIPAA Compliant Messaging Software market.
The market study is being classified, by Application (Hospitals and Health Systems) and major geographies with country level break-up.
QliqSOFT, Inc. (United States), Imprivata Cortext (United States), VSee (United States), SimplePractice (United States), Luma Health (United States), TigerConnect (United States), Spok Holdings (United States), OnCall Health (Canada), goderma, Inc. (United States) and Halo Communications, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are MatrixCare, Inc. (United States).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global HIPAA Compliant Messaging Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global HIPAA Compliant Messaging Software market by Type, Application and Region.
On the basis of geography, the market of HIPAA Compliant Messaging Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand from the Healthcare Sector
- Rising Number of Hospitals and Clinics
Market Trend
- High Adoption of Cloud-Based Services
- Increased Penetration of the Internet
Restraints
- High Initial Cost of HIPAA Compliant Messaging Software
Opportunities
- Increase in Number of Healthcare Facilities
- Expansion of Market in Emerging Economies
Challenges
- Technological Complexities related to HIPAA Compliant Messaging Software
In June 2019, Halo Communications has announced its Gatekeeper functionality for the Halo Clinical Communication PlatformTM. Halo is the only platform in the industry offering this level of advanced, HIPAA compliant communication screening.
Key Target Audience
HIPAA Compliant Messaging Software Developers, Emerging Companies, Research Professionals and End-users