Healthcare Quality Management Market (2018-2023)

Succeeding an extensive secondary and primary research on healthcare and in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, opportunities, and challenges in the market dynamics segment.

The global healthcare quality management market is growing at a decent pace. Major factor responsible for the growth of this market is growing regulatory mandates by the governments across the world for healthcare providers to improve the quality of care, physician performance, and patient safety. Quality management solutions help hospitals, physicians, payers, and ACOs to efficiently manage and report quality data to meet regulatory requirements, improve performance and patient safety, and deliver value-based care.

The government initiatives to improve patient outcomes & safety, rising unstructured data in healthcare, increasing geriatric population & burden of chronic diseases, and improving health IT infrastructure for healthcare research are the key drivers propelling the market growth during the forecast period. However, factors such as data privacy & confidentiality issues, lack of interoperability, and reluctance to migrate from conventional systems may hinder the growth of the quality management solutions market to some extent. Download free sample report and gain crucial industry insights @ https://www.meticulousresearch.com/download-sample-report/cp_id=3977

The study offers a comprehensive analysis of quality management in healthcare market with respect to various segments on the basis of software type, mode of delivery, application, and end-user. The global healthcare quality management market is categorized by software type (business intelligence & analytics, physician quality reporting solutions, clinical risk management solutions, and provider performance improvement solutions), mode of delivery (web & cloud-based solutions, on-premise solutions), application (data management, risk management), end-user (hospitals, ambulatory care centers, healthcare payers, government bodies & others). The business intelligence & analytics segment is expected to dominate the healthcare quality management market. This can be primarily attributed to the growing need to reduce medical errors, exponentially rising data in healthcare, need to identify care gaps, and drive effective decision making for quality improvement.

Further, an in-depth analysis of the geographic scenario of the industry provides detailed qualitative and quantitative insights for the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region. The geographic analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, and government & private investments. The geographic analysis section also comments on the key market players shaping the growth of the healthcare quality management market industry in the respective countries. Geographically, North America commanded the largest share in the global quality management in the healthcare market in 2017. This is due to well-established healthcare system in the region, higher acceptance of advanced technologies, the execution of Patient Protection and Affordable Care Act in the U.S., advancing IT & big data capabilities, stringent legislative and accreditation requirements regarding healthcare quality reporting, shift from fee-for-service to value-based reimbursements, and presence of many key players in this region.

The report also includes the competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years . The key players in global quality management in healthcare market are McKesson Corporation, Medisolv, Inc., Nuance Communication, Inc., Quantros, Inc., Dimensional Insight, Inc., Dolbey Systems, Inc., Verscend Technologies, Inc., MedeAnalytics, Inc., CitiusTech Inc., Conduent, Inc., ArborMetrix, Inc., Altegra Health (Change Healthcare), General Dynamics Health Solutions, Cognizant Technology Solutions Corporation, 3M Company, Truven Health Analytics (IBM Watson Health), and Persivia, Inc., among others.

What factors contribute to the growth of usage of quality management solutions by the healthcare payers & government bodies?

Which geographic segment is expected to experience the fastest growth in terms of adoption of quality management solutions by the healthcare payers & government bodies?