The healthcare quality management software market was estimated at US$3.48 billion in 2021.

NOIDA, UTTAR PARDESH, INDIA, November 27, 2023 /EINPresswire.com/ -- According to a new report published by Knowledge Sourcing Intelligence, forecasted between 2021 and 2028, the healthcare quality management software market was valued at US$3.48 billion in 2021 and is anticipated to propel significantly over the coming years.

The key driving force behind the rapid growth of the healthcare quality management software market is the growing demand for smart medical devices to ensure patient safety. Healthcare quality management software regulates tracking, evaluating, and enhancing patient safety measures. For instance, in June 2023, Intelex, the global leader in environmental, health, safety, and quality (EHSQ) management software, recently unveiled its blueprint that would assist organization in developing their environmental, health, and safety programs.

Healthcare quality management software is a collection of digital resources and solutions designed to enhance the quality of healthcare services and results for patients. These software solutions are used to handle and track various aspects of healthcare education, such as patient safety, risk management, data management, and compliance with regulations.

Numerous product launches and advancements are taking place in the market. For instance, in October 2023, Medisolv introduced a new PRO-PM Module as part of their ENCOR for Extracted Hospital Measures solution. This module will assist hospitals in meeting new regulatory requirements for PRO-PMs (Patient-Reported Outcomes-Based Performance Measures) in the CMS Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) systems.

Access sample report or view details: https://www.knowledge-sourcing.com/report/healthcare-quality-management-software-market

The healthcare quality management software market, based on type is segmented into, four main categories namely business intelligence and data analytics solutions, clinical risk management solutions, physician quality reporting solutions, and provider performance improvement solutions.

The healthcare quality management software market, based on application is segmented into, three main categories namely data management, risk management, and others.

The healthcare quality management software market, based on deployment is segmented into, three main categories namely cloud-based, on-premises, and web-based.

North America is poised to experience substantial growth due to region’s better reimbursement facilities and the government's involvement in implementing quality management services ins healthcare to reduce patients deaths occurred due to medical errors. For instance, According to the National Center for Biotechnology Information, every year 7,000 to 9,000 people die as a result of a medication error in the United States and hundreds of thousands of other patients have adverse reactions or other medication complications The US government's total cost of treating patients with medication-related errors exceeds $40 billion.

The research includes coverage of MorCare, Karminn Consultancy Network, Intelex Technologies, EFFIVITY, MEG, Premier, Inc., Qualityze Inc., Title21 Software, Inc., OdiTek Solutions, and Ideagen as the significant market players in the healthcare quality management software market.

The market analytics report segments the healthcare quality management software market:

• By Type

o Business intelligence and Data analytics solutions
o Clinical risk management solutions
o Physician quality reporting solutions
o Provider performance improvement solutions

• By Application

o Data Management
o Risk Management
o Others

• By Deployment

o Cloud-based
o On-premises
o Web Based

• By Geography

o North America

• United States
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• United Kingdom
• Germany
• France
• Spain
• Others

o Middle East and Africa

• Saudi Arabia
• UAE
• Israel
• Others

o Asia Pacific

• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others

Companies Profiled:

• MorCare
• Karminn Consultancy Network
• Intelex Technologies
• EFFIVITY
• MEG
• Premier, Inc.
• Qualityze Inc.
• Title21 Software, Inc.
• OdiTek Solutions
• Ideagen

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Ankit Mishra
Knowledge Sourcing Intelligence LLP
+1 850-250-1698
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