Global Healthcare Quality Management Market: North America to Lead the Market in Terms of Value Through 2022
According to a latest study based on healthcare quality management titled “Global Market Study on Healthcare Quality Management: North America to Dominate the Market in Terms of Revenue During the Period of Assessment (2017 - 2022)” submitted recently to the database of Market Research Hub (HUB), the global market of healthcare quality management is estimated to generate a revenue of nearly US$ 3,100 Mn by the end of 2022. The comprehensive report analyzes key aspects of the global healthcare quality management including market size, market share, market dynamics, cost structure, pricing, various segments and competition landscape. The insightful report provides thorough analysis of global healthcare quality management market right from past trends to market forecast from 2017 to 2022 to its readers.
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The unbiased and informative report begins with an executive summary that provides details such as market share and also summarizes the content of the entire report. The market overview section covers basics of the market including market definition and market taxonomy and provides crucial information related to historical & forecasted market size, year-on-year growth, factors driving and retraining the market growth, opportunities available and key trends of global healthcare quality management market. According to the report analysis, various mandate by government worldwide for improving and maintaining quality of healthcare is one of the driving factors for the growth of global healthcare quality management market. Secondly, the report observes that in order to bring down medical errors, healthcare cost and unstructured data, the healthcare quality management is must to be adopted by healthcare companies.
The global healthcare quality management market has been segmented into various segments which are software, end users, application, delivery mode and region. The software segment has further been segmented into business intelligence & analytics, clinical risk management, physician quality reporting and provider performance improvement.
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The end users segment is divided into hospitals, payer, ambulatory care centers, ACOs and others. The application segment has been bifurcated into data management and risk management. The delivery mode has been categorized into cloud based solutions and on-premise solutions. The global healthcare quality management market is divided into major regions geographically which are Middle East and Africa, Japan, Asia Pacific excluding Japan, Europe, Latin America and North America.
The report also shares its analysis in terms of competition landscape and profiles some of the major companies operating the global market of healthcare quality management some of which are Truven Health Analytics, Medisolv, Inc., Dolbey Systems, Inc., Altegra Health, Inc., Premier, Inc., Cerner Corp and Quantros, Inc.
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The healthcare quality management market has witnessed a healthy growth rate during the last decade and is expected to grow at a CAGR of 14.2% between 2017 and 2022 to reach USD 3.31 Billion by 2022. The growth in this market is mainly attributed to factors such as government mandates for healthcare providers to report quality & improve the performance of care provided, increase in the volume of unstructured data in the healthcare industry, and need to curtail healthcare costs & medical errors in healthcare facilities like hi-tech Healthcare software across the globe.