The patient safety and risk management software market in APAC is expected to grow at the highest CAGR during the forecast period. Much of this growth is driven by the increasing patient population in this region, rapid return on investment (ROI), and rising government initiatives to improve the patient safety & patient outcomes in healthcare.
The patient safety and risk management solutions market is estimated to be worth USD 2.2 billion by 2024 from a value of USD 1.3 billion in 2019, growing at a CAGR of 11.2% during the forecast period. The rising need to curtail healthcare costs, increasing incidences of medical errors & hospital-acquired infections, and growing government initiatives to improve patient safety and patient outcomes are key drivers of this market. On the other hand, the dearth of in-house IT expertise and the reluctance of healthcare providers to adopt new methods of patient safety and risk management are expected to restrain the growth of the market to a certain extent during the forecast period.
In 2018, the global Patient Safety and Risk Management Software System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Patient Safety and Risk Management Software System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Patient Safety and Risk Management Software System development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Riskonnect Inc. (Georgia)
Verge Health (US)
Clarity Group Inc. (US)
The Patient Safety Company (Netherlands)
RiskQual Technologies (US)
Quantros Inc. (US)
Conduent Inc. (US)
Prista Corporation (US)
Smartgate Solutions Ltd. (UK)
Market segment by Type, the product can be split into
Risk Management & Safety Solutions
Claims Management Solutions
Governance, Risk & Compliance Solutions
Market segment by Application, split into
Ambulatory Care Centers
Long-Term Care Centers
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Patient Safety and Risk Management Software System status, future forecast, growth opportunity, key market and key players.
To present the Patient Safety and Risk Management Software System development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Patient Safety and Risk Management Software System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.