The patient safety and risk management solutions market growing at 11.2% CAGR and projected to reach USD 2.2 billion by 2024 from USD 1.3 billion in 2019. North America is expected to hold the largest share of the patient safety and risk management solutions market in 2019.
The high growth rate of the APAC region can be attributed to the rising awareness of patient safety and risk management in healthcare and government. On the other hand, Asia Pacific is expected to witness the highest growth during the forecast period.
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Patient safety and risk management software market in APAC is expected to grow at highest CAGR. Much of patient safety and risk management software growth is driven by increasing patient population in this region, rapid return on investment (ROI), and rising government initiatives to improve patient safety & patient outcomes in healthcare.
Private cloud segment is expected to account for largest share in 2019 due to factors such as the rising end-user preference for high-security solutions and rapid & controlled data access. Deployment via private cloud is gaining preference over other types on account of its proprietary architecture dedicated to a single organization with defined needs and goals.
The breakdown of primary participants was as mentioned below:
- By Company Type: Tier 1–30%, Tier 2–45%, and Tier 3–25%
- By Designation: C-level–45%, Director Level–35%, and Others–20%
- By Region: North America–38%, Europe–25%, Asia Pacific–20%,Latin America–10%, Middle East & Africa–7%
Key players in patient safety and risk management solutions market are Clarity Group Inc. (US), Conduent Inc. (US), Prista Corporation (US), Quantros Inc. (US), Riskonnect Inc. (US), RiskQual Technologies (US), RLDatix (Canada), Smartgate Solutions Ltd. (UK), The Patient Safety Company (Netherlands), and Verge Health (US). Inquire for Discount on Now at http://www.rnrmarketresearch.com/contacts/discount?rname=2520325 .
Report analyzes the various patient safety and risk management solutions and their adoption pattern. It aims at estimating the market size and future growth potential of the patient safety and risk management solutions market for different segments such as type,deployment mode, end user,and region.
1 Patient Safety and Risk Management Solutions: Market Overview
2 Europe: Market, By Type (2018)
3 Geographic Snapshot of the Market
4 Regional Mix: Market
Report also includes an in-depth competitive analysis of the key players in this market, along with their company profiles, product offerings, and recent developments. In-depth assessment of market shares, growth strategies, and products of leading players in the patient safety and risk management solutions market.
More Information on “Patient Safety and Risk Management Software Market by Type (Risk Management, Governance, Risk & Compliance, Claims Management), Deployment Mode (Cloud, Public, Private), End-User (Hospital, Ambulatory Care, Pharmacy), Region – Global Forecasts to 2024” Report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=2520325 .
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