Patient Safety And Risk Management Software Market (2017-2022)

Patient safety has become a priority for almost all major healthcare systems across the globe. The field has developed significantly in the last decade and is currently on the verge of dramatic change. There is a considerable adoption of these solutions across the globe with developed regions such as North America and Europe continuously focusing on improving the health outcomes by adopting advanced health IT solutions such as patient safety and risk management software. However, the implementation of these solutions has been variable across different countries with developing nations awakening to this concept as one of the major focus areas. With the increasing need to curtail growing healthcare costs, rising incidence of medical errors, and growing need to adhere to regulatory guidelines; the adoption of systems for overseeing the reporting of adverse events, near misses, and potentially unsafe conditions is expected to increase significantly in the next five years.

The global patient safety and risk management software market is mainly segmented by product, mode of delivery, end-user, and geography. The product market is primarily segmented into integrated and standalone software. The market is further segmented by mode of delivery into on-premise, and web/cloud based software. The end-user market is mainly segmented into hospitals, long-term care centers/home care agencies/assisted living facilities, primary care/general practitioners, mental healthcare, ambulance services, and other end-users. The global patient safety and risk management software market is further segmented by geography into four major continents namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW).

The leading players in the global patient safety and risk management software market are Quantros Inc. (U.S.), Datix Ltd. (U.K.), The Patient Safety Company (The Netherlands), RL Solutions (Canada), Becton, Dickinson and Company (U.S.), Prista Corporation (U.S.), Clarity Group, Inc. (U.S.), Riskonnect, Inc. (U.S.), RiskQual Technologies (U.S.), Smartgate Solutions Ltd. (U.K.), Brandix i3 (Sri Lanka), Morrisey Holdings, Inc. (U.S.), Verge Health (U.S.), MidasPlus, Inc. (U.S.), RiskMan International Pty Ltd (Australia), CCD Health Systems (Canada), and Marsh ClearSight LLC (U.S.) among others.