The Healthcare Quality Management Software Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Healthcare Quality Management Software Market:
According to The Business Research Company’s Healthcare Quality Management Software Global Market Report 2024, The healthcare quality management software market size has grown rapidly in recent years. It will grow from $1.34 billion in 2023 to $1.53 billion in 2024 at a compound annual growth rate (CAGR) of 14.5%. The growth in the historic period can be attributed to rising prevalence of chronic kidney disease, aging population, improvements in healthcare infrastructure, government initiatives and funding, awareness programs about renal health, increasing incidence of diabetes and hypertension, collaborations with healthcare providers..
The healthcare quality management software market size is expected to see rapid growth in the next few years. It will grow to $2.59 billion in 2028 at a compound annual growth rate (CAGR) of 14.0%. The growth in the forecast period can be attributed to continued growth in ckd cases, global healthcare expansion, focus on preventive healthcare, increasing geriatric population, government policies supporting renal health.. Major trends in the forecast period include incorporation of patient-centric design, integration of remote monitoring technology, customization for pediatric hemodialysis, enhancements in ergonomics and posture support, focus on infection control measures..
The higher prevalence of medication errors is expected to propel the growth of the healthcare quality management software market going forward. Medication errors refer to preventable mistakes or incidents that occur during any stage of the medication use process, from prescribing and dispensing to administration and monitoring, which lead to inappropriate medication use or patient harm. Healthcare quality management software enables healthcare organizations to track and report medication errors comprehensively and allows for the systematic collection and analysis of data related to medication errors, helping organizations identify patterns, root causes, and trends. For instance, in September 2023, according to a report published by Nationwide Children’s Hospital, a US-based academic pediatric medical center, the annual incidence of medication errors related to attention-deficit or hyperactivity disorder (ADHD) treatments surged by a total of 5,235 medication errors were documented, translating to one error occurring for a child every 100 minutes in 2022. Therefore, the higher prevalence of medication errors drives the growth of the healthcare quality management software market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=13451&type=smp
The healthcare quality management software market covered in this report is segmented –
1) By Type: Business Intelligence And Data Analytics Solutions, Clinical Risk Management Solutions, Physician Quality Reporting Solutions, Provider Performance Improvement Solutions
2) By Deployment Mode: Cloud-Based, On-Premises, Web-Based
3) By Application: Data Management, Risk Management, Other Application
4) By End-Use: Hospitals, Ambulatory Surgery Centers, Nursing Homes, Other End-Uses
Major companies operating in the healthcare quality management software market are developing innovative platforms such as specialized quality management systems (QMS) that help streamline compliance with regulatory standards and facilitate data-driven decision-making for improved patient care. A specialized Quality Management System (QMS) is a software solution designed to facilitate and streamline quality control and regulatory compliance processes within healthcare organizations. For instance, in January 2023, Palantir Technologies Inc., a US-based software company that develops data fusion platforms, launched a specialized quality management system (QMS). This system is designed to help life sciences customers with their most critical workflows, including end-to-end analysis of clinical data. It helps life sciences organizations meet GxP (good practices) requirements, which are critical for ensuring the safety, quality, and compliance of pharmaceuticals and healthcare products. It integrates with the existing foundry platform, a tool for data management and analysis. The integration enhances data-driven decision-making capabilities.
The healthcare quality management software market report table of contents includes:
1. Executive Summary
2. Healthcare Quality Management Software Market Characteristics
3. Healthcare Quality Management Software Market Trends And Strategies
4. Healthcare Quality Management Software Market - Macro Economic Scenario
5. Global Healthcare Quality Management Software Market Size and Growth
.....
32. Global Healthcare Quality Management Software Market Competitive Benchmarking
33. Global Healthcare Quality Management Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Healthcare Quality Management Software Market
35. Healthcare Quality Management Software Market Future Outlook and Potential Analysis
36. Appendix
Related Reports
https://topprnews.com/spa-market-growth/
https://topprnews.com/volumetric-video-market/
https://topprnews.com/special-steel-market-growth/
https://goodprnews.com/spa-market-size/
https://goodprnews.com/specialty-electricals-market/
https://goodprnews.com/special-steel-market-growth/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Global Healthcare Quality Management Market: Information by Software Type (Business Intelligence and Analytics Solutions, Physician Quality Reporting Solutions, Clinical Risk Management Solutions, Provider Performance Improvement Solutions and others), Mode of Deployment (Web/Cloud-Based, On-Premise), Application (Data Management, Risk Management), End-User (Hospitals, Ambulatory Care Centers, Payers and others) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2027Overview:The healthcare quality management market overview reveals that the coming years would see the market rising with a 13.40% CAGR to surpass a valuation of around USD 4,602.0 Million by the end of 2025.
At the same time, it is a well-realized fact that the proper inclusion of the IT sector in the industry can lower the pressure and assist in better maintenance of various records.
Governments are also taking initiatives to provide the necessary support.However, its initial installation cost is quite high and people with the knowledge regarding its operations are fewer than required, which can deter the market growth.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7165 Segmentation:Software type, application, mode of deployment, and end-user are some of the major segments included as a part of the global healthcare quality management market.
This would simplify the process of reviewing the market and ensure better growth opportunities.By software type, the global market report on the healthcare quality management market has been segmented into physician quality reporting solutions, business intelligence & analytics solutions, provider performance improvement solutions, clinical risk management solutions, and others.By mode of deployment, the report covering the global healthcare quality management market comprises web/ cloud-based and on-premise.
The web/ cloud-based segment has a significant growth opportunity as the market can find it more cost-effective.
Its easy-to-access features can ensure a better hike for the market.By application, the market report on the healthcare quality management market segments it into data management and risk management.By end-user, the market report on the healthcare quality management market can segment the market into payers, ambulatory care centers, hospitals, and others.Regional Analysis:The Healthcare Quality Management Market analysis in the report reveals that the Americas have the potential to retain its position at the top like 2018 and can lead the market in years to come.
It comprises of measurement, assessment, and improvement steps.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7165Segment AnalysisSoftware type, mode of deployment, application, and end-user has segmented the global healthcare quality management market.The market, based on software type, has been bifurcated into business intelligence and analytics solutions, physician quality reporting solutions, clinical risk management solutions, provider performance improvement solutions, and others.
The market, based on mode of deployment, has been segregated into web/cloud-based, on-premise.
The market, based on application, has been segregated into data management, risk management.
The market, based on end-user, has been segregated into hospitals, ambulatory care centers, payers and others.Regional AnalysisThe Global Healthcare Quality Management Market, based on region, has been divided into the Americas, Europe, Asia-Pacific and Middle East & Africa.The Americas led the market and accounted for the largest share in 2018, owing to increasing healthcare spending and healthcare IT adoption.
According to the Centers for Medicare and Medicaid Services, the US healthcare outlay grew 3.9% in 2017, reaching USD 3.5 Trillion or USD 10,739 per person.
This quality management technology allows healthcare organizations to strengthen their focus on patients and create new quality management services for the hospital and patients as well.
