The North America Healthcare Business Collaboration Tools Market would witness market growth of 22.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Healthcare Business Collaboration Tools Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $29,607.2 million by 2031. The Canada market is experiencing a CAGR of 25% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 23.9% during (2024 - 2031).
The healthcare industry has undergone a significant transformation driven by technological advancements, changing patient expectations, and an increased focus on efficiency and collaboration. At the heart of this transformation are these tools, facilitating seamless communication, coordination, and workflow management among healthcare professionals, patients, and stakeholders.
These tools are deployed across various healthcare industry segments, serving multiple purposes and addressing diverse needs. Tools like Epic Systems and Cerner integrate with EHR systems, allowing multiple healthcare providers to access and update patient records simultaneously, ensuring continuity of care and reducing the risk of errors.
The USA's market is experiencing significant growth, driven by various factors reshaping how healthcare services are delivered. The healthcare sector is increasingly reliant on digital solutions that enable seamless communication and collaboration between Teladoc Health and Amwell are examples of telehealth services that heavily rely on collaboration tools to remotely connect patients with healthcare providers. This commitment highlights the Canadian government’s focus on enhancing healthcare delivery and accessibility for all citizens. As the country invests in expanding and improving its healthcare infrastructure, there is a growing demand for advanced tools to improve collaboration, coordination, and efficiency within the healthcare system. This rise in healthcare spending presents a clear opportunity for this market to grow, as these tools play a pivotal role in enabling smooth communication and seamless operation across healthcare services. In conclusion, these factors collectively fuel the healthcare business collaboration tools market growth in the USA and Canada.
Free Valuable Insights: The Healthcare Business Collaboration Tools Market is Predict to reach USD 138.6 Billion by 2031, at a CAGR of 23.1%
Based on Type, the market is segmented into Communication & Coordination Software and Conferencing Software. Based on Deployment, the market is segmented into On-Premises and Cloud. Based on Facility Size, the market is segmented into Large Facilities and Small & Medium Facilities. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Oracle Corporation
- Siemens Healthineers AG (Siemens AG)
- American Well Corporation (Amwell)
- Koninklijke Philips N.V.
- Medtronic PLC
- Teladoc Health, Inc.
- Google LLC
- Microsoft Corporation
- IBM Corporation
- Zoho Corporation Pvt. Ltd.
North America Healthcare Business Collaboration Tools Market Report Segmentation
By Type
- Communication & Coordination Software
- Conferencing Software
By Deployment
By Facility Size
- Large Facilities
- Small & Medium Facilities
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Healthcare Business Collaboration Tools Market, by Type
1.4.2 North America Healthcare Business Collaboration Tools Market, by Deployment
1.4.3 North America Healthcare Business Collaboration Tools Market, by Facility Size
1.4.4 North America Healthcare Business Collaboration Tools Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Aug – 2024, Nov) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Healthcare Business Collaboration Tools Market by Type
5.1 North America Communication & Coordination Software Market by Region
5.2 North America Conferencing Software Market by Region
Chapter 6. North America Healthcare Business Collaboration Tools Market by Deployment
6.1 North America On-Premises Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America Healthcare Business Collaboration Tools Market by Facility Size
7.1 North America Large Facilities Market by Country
7.2 North America Small & Medium Facilities Market by Country
Chapter 8. North America Healthcare Business Collaboration Tools Market by Country
8.1 US Healthcare Business Collaboration Tools Market
8.1.1 US Healthcare Business Collaboration Tools Market by Type
8.1.2 US Healthcare Business Collaboration Tools Market by Deployment
8.1.3 US Healthcare Business Collaboration Tools Market by Facility Size
8.2 Canada Healthcare Business Collaboration Tools Market
8.2.1 Canada Healthcare Business Collaboration Tools Market by Type
8.2.2 Canada Healthcare Business Collaboration Tools Market by Deployment
8.2.3 Canada Healthcare Business Collaboration Tools Market by Facility Size
8.3 Mexico Healthcare Business Collaboration Tools Market
8.3.1 Mexico Healthcare Business Collaboration Tools Market by Type
8.3.2 Mexico Healthcare Business Collaboration Tools Market by Deployment
8.3.3 Mexico Healthcare Business Collaboration Tools Market by Facility Size
8.4 Rest of North America Healthcare Business Collaboration Tools Market
8.4.1 Rest of North America Healthcare Business Collaboration Tools Market by Type
8.4.2 Rest of North America Healthcare Business Collaboration Tools Market by Deployment
8.4.3 Rest of North America Healthcare Business Collaboration Tools Market by Facility Size
Chapter 9. Company Profiles
9.1 American Well Corporation (Amwell)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Research & Development Expenses
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Koninklijke Philips N.V.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Medtronic PLC
9.3.1 Company overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Teladoc Health, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Siemens Healthineers AG (Siemens AG)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Google LLC (Alphabet Inc.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 Microsoft Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 IBM Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. Zoho Corporation Pvt. Ltd.
9.10.1 Company Overview
9.10.2 SWOT Analysis
TABLE 1 North America Healthcare Business Collaboration Tools Market, 2020 - 2023, USD Million
TABLE 2 North America Healthcare Business Collaboration Tools Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Healthcare Business Collaboration Tools Market
TABLE 4 Product Launches And Product Expansions– Healthcare Business Collaboration Tools Market
TABLE 5 Acquisition and Mergers– Healthcare Business Collaboration Tools Market
TABLE 6 North America Healthcare Business Collaboration Tools Market by Type, 2020 - 2023, USD Million
TABLE 7 North America Healthcare Business Collaboration Tools Market by Type, 2024 - 2031, USD Million
TABLE 8 North America Communication & Coordination Software Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Communication & Coordination Software Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Conferencing Software Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Conferencing Software Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Healthcare Business Collaboration Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 13 North America Healthcare Business Collaboration Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 14 North America On-Premises Market by Country, 2020 - 2023, USD Million
TABLE 15 North America On-Premises Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Cloud Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Cloud Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Healthcare Business Collaboration Tools Market by Facility Size, 2020 - 2023, USD Million
TABLE 19 North America Healthcare Business Collaboration Tools Market by Facility Size, 2024 - 2031, USD Million
TABLE 20 North America Large Facilities Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Large Facilities Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Small & Medium Facilities Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Small & Medium Facilities Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Healthcare Business Collaboration Tools Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Healthcare Business Collaboration Tools Market by Country, 2024 - 2031, USD Million
TABLE 26 US Healthcare Business Collaboration Tools Market, 2020 - 2023, USD Million
TABLE 27 US Healthcare Business Collaboration Tools Market, 2024 - 2031, USD Million
TABLE 28 US Healthcare Business Collaboration Tools Market by Type, 2020 - 2023, USD Million
TABLE 29 US Healthcare Business Collaboration Tools Market by Type, 2024 - 2031, USD Million
TABLE 30 US Healthcare Business Collaboration Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 31 US Healthcare Business Collaboration Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 32 US Healthcare Business Collaboration Tools Market by Facility Size, 2020 - 2023, USD Million
TABLE 33 US Healthcare Business Collaboration Tools Market by Facility Size, 2024 - 2031, USD Million
TABLE 34 Canada Healthcare Business Collaboration Tools Market, 2020 - 2023, USD Million
TABLE 35 Canada Healthcare Business Collaboration Tools Market, 2024 - 2031, USD Million
TABLE 36 Canada Healthcare Business Collaboration Tools Market by Type, 2020 - 2023, USD Million
TABLE 37 Canada Healthcare Business Collaboration Tools Market by Type, 2024 - 2031, USD Million
TABLE 38 Canada Healthcare Business Collaboration Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 39 Canada Healthcare Business Collaboration Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 40 Canada Healthcare Business Collaboration Tools Market by Facility Size, 2020 - 2023, USD Million
TABLE 41 Canada Healthcare Business Collaboration Tools Market by Facility Size, 2024 - 2031, USD Million
TABLE 42 Mexico Healthcare Business Collaboration Tools Market, 2020 - 2023, USD Million
TABLE 43 Mexico Healthcare Business Collaboration Tools Market, 2024 - 2031, USD Million
TABLE 44 Mexico Healthcare Business Collaboration Tools Market by Type, 2020 - 2023, USD Million
TABLE 45 Mexico Healthcare Business Collaboration Tools Market by Type, 2024 - 2031, USD Million
TABLE 46 Mexico Healthcare Business Collaboration Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 47 Mexico Healthcare Business Collaboration Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 48 Mexico Healthcare Business Collaboration Tools Market by Facility Size, 2020 - 2023, USD Million
TABLE 49 Mexico Healthcare Business Collaboration Tools Market by Facility Size, 2024 - 2031, USD Million
TABLE 50 Rest of North America Healthcare Business Collaboration Tools Market, 2020 - 2023, USD Million
TABLE 51 Rest of North America Healthcare Business Collaboration Tools Market, 2024 - 2031, USD Million
TABLE 52 Rest of North America Healthcare Business Collaboration Tools Market by Type, 2020 - 2023, USD Million
TABLE 53 Rest of North America Healthcare Business Collaboration Tools Market by Type, 2024 - 2031, USD Million
TABLE 54 Rest of North America Healthcare Business Collaboration Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 55 Rest of North America Healthcare Business Collaboration Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 56 Rest of North America Healthcare Business Collaboration Tools Market by Facility Size, 2020 - 2023, USD Million
TABLE 57 Rest of North America Healthcare Business Collaboration Tools Market by Facility Size, 2024 - 2031, USD Million
TABLE 58 Key Information – American Well Corporation
TABLE 59 Key Information – Koninklijke Philips N.V.
TABLE 60 Key Information – Medtronic PLC
TABLE 61 Key Information – Teladoc Health, Inc.
TABLE 62 Key Information – Siemens Healthineers AG
TABLE 63 Key Information – Oracle Corporation
TABLE 64 Key Information – Google LLC
TABLE 65 Key Information – Microsoft Corporation
TABLE 66 Key Information – IBM Corporation
TABLE 67 Key Information – Zoho Corporation Pvt. Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Healthcare Business Collaboration Tools Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Healthcare Business Collaboration Tools Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Aug – 2024, Nov) Leading Players
FIG 8 Porter’s Five Forces Analysis – Healthcare Business Collaboration Tools Market
FIG 9 North America Healthcare Business Collaboration Tools Market share by Type, 2023
FIG 10 North America Healthcare Business Collaboration Tools Market share by Type, 2031
FIG 11 North America Healthcare Business Collaboration Tools Market by Type, 2020 - 2031, USD Million
FIG 12 North America Healthcare Business Collaboration Tools Market share by Deployment, 2023
FIG 13 North America Healthcare Business Collaboration Tools Market share by Deployment, 2031
FIG 14 North America Healthcare Business Collaboration Tools Market by Deployment, 2020 - 2031, USD Million
FIG 15 North America Healthcare Business Collaboration Tools Market share by Facility Size, 2023
FIG 16 North America Healthcare Business Collaboration Tools Market share by Facility Size, 2031
FIG 17 North America Healthcare Business Collaboration Tools Market by Facility Size, 2020 - 2031, USD Million
FIG 18 North America Healthcare Business Collaboration Tools Market share by Country, 2023
FIG 19 North America Healthcare Business Collaboration Tools Market share by Country, 2031
FIG 20 North America Healthcare Business Collaboration Tools Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: American Well Corporation
FIG 22 Swot Analysis: American Well Corporation
FIG 23 Recent strategies and developments: Koninklijke Philips N.V.
FIG 24 SWOT Analysis: Koninklijke Philips N.V.
FIG 25 SWOT Analysis: Medtronic PLC
FIG 26 Recent strategies and developments: Teladoc Health, Inc.
FIG 27 SWOT Analysis: Teladoc Health, Inc.
FIG 28 SWOT Analysis: Siemens Healthineers AG
FIG 29 Recent strategies and developments: Oracle Corporation
FIG 30 SWOT Analysis: Oracle Corporation
FIG 31 SWOT Analysis: Google LLC
FIG 32 Recent strategies and developments: Microsoft Corporation
FIG 33 SWOT Analysis: Microsoft Corporation
FIG 34 SWOT Analysis: IBM Corporation
FIG 35 SWOT Analysis: Zoho Corporation Pvt. Ltd.