What is HIPAA Compliance Software Market?
HIPAA Compliance Software is a powerful security and compliance resource to protect against a breach that provides a framework to guide a HIPAA-covered entity or business associate through the process of becoming HIPAA-compliant and ensuring continued compliance with HIPAA and HITECH Act Rules. This software designed to help you manage the documentation, auditing, assessments and action planning needed to maintain compliance with the HIPAA Rule. This is a powerful tool to put structure around processes that have traditionally been scattered.
The market study is being classified, by Application (Hospital and Research Institute) and major geographies with country level break-up.
Ostendio, Inc. (United States), Accountable HQ, Inc. (United States), Azalea Health Innovations, Inc. (United States), HIPAA One (United States), LifeOmic Health, LLC (United States), MedTrainer Inc. (United States), PCIHIPAA (United States), SecPod Technologies India), Virtru (United States) and Zenefits (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Promisec Limited (United States) and SecurityMetrics (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 a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global HIPAA Compliance Software market throughout the predicted period.
Analyst at AMA have segmented the market study of Global HIPAA Compliance Software market by Type, Application and Region.
On the basis of geography, the market of HIPAA Compliance 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.
- Increased Applications of Health Insurance Portability and Accountability Act (HIPAA) for Protection of Sensitive Patient Data
- Increased Outsourcing of Various Healthcare Services
- Increased Adoption of Cloud-based Solutions
- Technological Complexities in HIPAA Compliance Software
- Growth in the Healthcare Industry Worldwide
- Increasing Demand from End-users
- Lack of Skilled Professionals for Implementation of HIPAA Compliance
In September 2018, MBS Secure, provider of The Complete Cloud, has announced its new partnership with PCIHIPAA, a leading Payments Card Industry (PCI) and HIPAA compliance provider. The partnership is focused on protecting MBS Secure clients from the onslaught of HIPAA violations which include ransomware attacks and data breaches impacting medical and dental practices throughout the United States.
Key Target AudienceHIPAA Compliance Software Developers, Research Professionals, Emerging Companies and End-users
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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