Healthcare Quality Management Software market: Global Industry Analysis and Forecast (2023-2029) by Service Type, Organization Size, Deployment Model, Service Model, End-User and Region.
Global Healthcare Quality Management Software market size was valued at USD 3.29 Bn in 2022 and is expected to reach USD 8.32 Bn by 2029, at a CAGR of 14.18 % forecast year.
Format : PDF | Report ID : SMR_1418
Global Healthcare Quality Management Software Market overview
Healthcare quality management software helps organizations improve the quality of care by providing them with tools and resources they need to track and measure performance, identify areas for improvement, and implement corrective actions. The software can be used to manage a variety of quality-related activities, such as risk management, patient safety, and clinical documentation. The increasing demand for healthcare quality improvement is one of the key drivers of the market. The healthcare industry is facing increasing pressure to improve the quality of care, as evidence by the growing number of patient safety incidents and the rising cost of healthcare.
Global Healthcare Quality Management Software Market Drivers
Increasing demand for healthcare quality improvement
The healthcare industry is facing increasing pressure to improve the quality of care, as evidenced by the growing number of patient safety incidents and the rising cost of HealthCare. Healthcare quality management software can help organizations improve the quality of care by providing them with the tools and resources they need to track and measure performance, identify the areas for improvement, and implement corrective actions.
Rising adoption of electronic health records
EHRs can collect and store a large amount of data about patients, which can be used to improve the quality of care. With electronic health records, providers can quickly access patient information and share it with other healthcare professionals. This reduces the need of paper work and make it easier to coordinate care between different providers.
Enhanced data accuracy and security
EHRs provide enhanced data accuracy and security. Patient information is entered directly into the system, reducing the risk of errors that can occur with paper based system, EHRs are also secure, with multiple level of protection to ensure patient data is not compromised.
Global Healthcare Quality Management Software Market challenges
Complexity of the software
Healthcare software is often complex and includes multiple layers of functionality. This complexity can make it difficult to test for security vulnerabilities, as the interactions between various components, like patient portals and electronic health records, can be difficult to predict and replicate.
Limited access to live patient data
Accessing real patient data can be challenging due to privacy concerns and regulatory requirement. This can make it difficult to test the software in real world scenarios and may require additional measure to ensure the security and privacy of patient data during testing.
Compliance with regulations
Healthcare software is subject to a wide range of regulations and standards for data security and privacy, including HIPAA, GDPR, and PIPEDA. Testing must ensure compliance with these regulations, which can add additional complexity and constraints to the testing process.
Global Healthcare Quality Management Software Market opportunities and growth
Better storage and safety for patient data
Patient data has become one of the important considerations for the hospital teams especially when it comes to the implementation of the QMS system. They must ensure that all the patient data is documented well and protected against threat like hacking and data theft. This implies the implementation of the secure QMS Systems that can notify hospital teams every time patient data is accessed. A digital document management systems with electronic signature access can safeguard the patient data throughout the hospital networks.
Extended support for current teams
With a secure quality management system, healthcare professional can gain more insights on previous records. They can access all the historical data related to the patient and their medical requirements that can be utilized for optimizing the workflows and process with time. Advanced QMS for healthcare also helps current teams to mitigate the risks and improve their regular process while offering instant access to the information. This contributes to faster, effective, and improved decision making process.
Global Healthcare Quality Management Software Market Restraining factors
Lack of awareness
Many healthcare providers are not aware of the benefits of healthcare quality management software. They may not see the need to invest in this type of software, especially if they are already struggling to make ends meet. Healthcare quality management software providers need to educate healthcare quality management software providers need to educate healthcare providers about the benefits of their solutions and how they can help improve patient care.
Fragmented market
The healthcare quality management software market is fragment, with many small and medium sized vendors. This can make it difficult for healthcare providers to choose the right solutions for their needs.
Global Healthcare Quality Management Software Market Regional insights.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and the Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and the Rest of APAC)
South America (Brazil, Argentina Rest of South America)
Middle East & Africa (South Africa, GCC, Egypt, Nigeria and the Rest of ME&A)
Global Healthcare Quality Management Software Market Segment Analysis
This report forecasts revenue growth at global, regional and country levels and provides analysis of the latest industry trends and opportunities in each of the sub segments from 2022 to 2029. For this study, stellar market research has segmented the Global Healthcare Quality Management Software market report based on by solution, by end use, by deployment and by organization.
By solution
- Document control
- Non-conformances corrective and preventative
- Complaint handling
- Employee handling
- Audit management
- Calibration management
- Change management
- others
By end use
- IT and Telecom
- Transportation and Logistics
- Consumer goods and retail
- Defence and Aerospace
- Manufacturing
- Healthcare
- others
By deployment
- cloud
- on premise
By organization
- Small and medium enterprise
- Large Enterprise
Global Healthcare Quality Management Software Market Scope Table:
Global Healthcare Quality Management Software Market | |
Market Size in 2022 |
USD 3.29 Bn. |
Market Size in 2029 |
USD 8.32 Bn. |
CAGR (2023-2029) |
14.18 Percent |
Historic Data |
2017-2021 |
Base Year |
2022 |
Forecast Period |
2023-2029 |
Segment scope |
By solution
|
By end use
|
|
By deployment
|
|
By organization
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Global Healthcare Quality Management Software Competitive Landscape
The competitive analysis of the Market includes the Market size, growth rate and key trends. The report provides information about the Key companies, such as their size, healthcare services, Healthcare Quality Management Software market share, and geographic presence. The report provides such type of competitive landscape of all Key Players to assist new market entrants. The report provides such type of competitive landscape of all Global Healthcare Quality Management Software market Key Players to assist new market entrants. The report offers Competitive benchmarking of the Global Healthcare Quality Management Software market through the Market revenue, share and size of the key players.
The key players in the Healthcare Quality Management Software market are wolters Kluwer health, orion health, health catalyst, press ganey, qualtrics, verient, GE Healthcare.These players are focusing on expanding their product portfolio, investing in research and development, and expanding their distribution channels to gain a competitive edge in the market.
Global Healthcare Quality Management Software Market Key Players
- Wolters Kluwer Health
- Orion Health
- Health Catalyst
- Press Ganey
- Qualtrics
- Verint
- Carestream Health
- GE Healthcare
- Philips Healthcare
- Siemens Healthineers
- Cerner Corporation
- Epic Systems Corporation
- Allscripts Healthcare Solutions, Inc.
- Meditech Healthcare Systems
- NextGen Healthcare, Inc.
- eClinicalWorks
- Athenahealth, Inc.
- Greenway Health
- drchrono, Inc.
- CareCloud, Inc.
- Aprima Medical Software, Inc.
- Practice Fusion, Inc.
- Kareo, Inc.
- WebPT, Inc.
- TherapyNotes, LLC
Frequently Asked Questions
North America is expected to dominate the Global Healthcare Quality Management Software market during the forecast period.
The Global Healthcare Quality Management Software market is expected to reach USD 8.32 Bn by 2029.
The major top players in the Global Healthcare Quality Management Software market are, wolters Kluwer, orion health, health catalyst, press ganey, qualtrics, verint, and others.
The market is mainly driven by the rising healthcare expenses, the growing unstructured medical data, increasing medical errors, rising consumer demand for products, and others.
Table of Contents
- Global Healthcare Quality Management Software Market: Research Methodology
- Global Healthcare Quality Management Software Market: Executive Summary
- Global Healthcare Quality Management Software Market: Competitive Landscape
- SMR Competition Matrix
- Competitive Landscape
- Key Players Benchmarking
- Market Structure
- Market Leaders
- Market Followers
- Emerging Players
- Consolidation of the Market
- Global Healthcare Quality Management Software Market: Dynamics
- Market Trends by Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- Market Drivers by Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- Market Restraints
- Market Opportunities
- Market Challenges
- PORTER’s Five Forces Analysis
- PESTLE Analysis
- Value Chain Analysis
- Regulatory Landscape by Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- Market Trends by Region
- Global Healthcare Quality Management Software Market Size and Forecast by Segments (by Value USD and Volume Units)
- Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Document control
- Non-conformances corrective and preventative
- Complaint handling
- Employee handling
- Audit management
- Calibration management
- Change management
- Others
- Global Healthcare Quality Management Software Market Size and Forecast, By end use (2022-2029)
- IT and Telecom
- Transportation and Logistics
- Consumer goods and retail
- Defence and Aerospace
- Manufacturing
- Healthcare
- Others
- Global Healthcare Quality Management Software Market Size and Forecast, By deployment (2022-2029)
- Cloud
- On premise
- Global Healthcare Quality Management Software Market Size and Forecast, By organization (2022-2029)
- Small and medium enterprise
- Large Enterprise
- Global Healthcare Quality Management Software Market Size and Forecast, by Region (2022-2029)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- North America Global Healthcare Quality Management Software Market Size and Forecast (by Value USD and Volume Units)
- North America Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Document control
- Non-conformances corrective and preventative
- Complaint handling
- Employee handling
- Audit management
- Calibration management
- Change management
- Others
- North America Global Healthcare Quality Management Software Market Size and Forecast, By end use (2022-2029)
- IT and Telecom
- Transportation and Logistics
- Consumer goods and retail
- Defence and Aerospace
- Manufacturing
- Healthcare
- Others
- North America Global Healthcare Quality Management Software Market Size and Forecast, By deployment (2022-2029)
- Cloud
- On premise
- North America Global Healthcare Quality Management Software Market Size and Forecast, By organization (2022-2029)
- Small and medium enterprise
- Large Enterprise
- North America Global Healthcare Quality Management Software Market Size and Forecast, by Country (2022-2029)
- United States
- Canada
- Mexico
- North America Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Europe Global Healthcare Quality Management Software Market Size and Forecast (by Value USD and Volume Units)
- Europe Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Document control
- Non-conformances corrective and preventative
- Complaint handling
- Employee handling
- Audit management
- Calibration management
- Change management
- Others
- Europe Global Healthcare Quality Management Software Market Size and Forecast, By end use (2022-2029)
- IT and Telecom
- Transportation and Logistics
- Consumer goods and retail
- Defence and Aerospace
- Manufacturing
- Healthcare
- Others
- Europe Global Healthcare Quality Management Software Market Size and Forecast, By deployment (2022-2029)
- Cloud
- On premise
- Europe Global Healthcare Quality Management Software Market Size and Forecast, By organization (2022-2029)
- Small and medium enterprise
- Large Enterprise
- Europe Global Healthcare Quality Management Software Market Size and Forecast, by Country (2022-2029)
- UK
- France
- Germany
- Italy
- Spain
- Sweden
- Austria
- Rest of Europe
- Europe Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Asia Pacific Global Healthcare Quality Management Software Market Size and Forecast (by Value USD and Volume Units)
- Asia Pacific Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Document control
- Non-conformances corrective and preventative
- Complaint handling
- Employee handling
- Audit management
- Calibration management
- Change management
- Others
- Asia Pacific Global Healthcare Quality Management Software Market Size and Forecast, By end use (2022-2029)
- IT and Telecom
- Transportation and Logistics
- Consumer goods and retail
- Defence and Aerospace
- Manufacturing
- Healthcare
- Others
- Asia Pacific Global Healthcare Quality Management Software Market Size and Forecast, By deployment (2022-2029)
- Cloud
- On premise
- Asia Pacific Global Healthcare Quality Management Software Market Size and Forecast, By organization (2022-2029)
- Small and medium enterprise
- Large Enterprise
- Asia Pacific Global Healthcare Quality Management Software Market Size and Forecast, by Country (2022-2029)
- China
- S Korea
- Japan
- India
- Australia
- Indonesia
- Malaysia
- Vietnam
- Taiwan
- Bangladesh
- Pakistan
- Rest of Asia Pacific
- Asia Pacific Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Middle East and Africa Global Healthcare Quality Management Software Market Size and Forecast (by Value USD and Volume Units)
- Middle East and Africa Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Document control
- Non-conformances corrective and preventative
- Complaint handling
- Employee handling
- Audit management
- Calibration management
- Change management
- Others
- Middle East and Africa Global Healthcare Quality Management Software Market Size and Forecast, By end use (2022-2029)
- IT and Telecom
- Transportation and Logistics
- Consumer goods and retail
- Defence and Aerospace
- Manufacturing
- Healthcare
- Others
- Middle East and Africa Global Healthcare Quality Management Software Market Size and Forecast, By deployment (2022-2029)
- Cloud
- On premise
- Middle East and Africa Global Healthcare Quality Management Software Market Size and Forecast, By organization (2022-2029)
- Small and medium enterprise
- Large Enterprise
- Middle East and Africa Global Healthcare Quality Management Software Market Size and Forecast, by Country (2022-2029)
- South Africa
- GCC
- Egypt
- Nigeria
- Rest of ME&A
- Middle East and Africa Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- South America Global Healthcare Quality Management Software Market Size and Forecast (by Value USD and Volume Units)
- South America Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Document control
- Non-conformances corrective and preventative
- Complaint handling
- Employee handling
- Audit management
- Calibration management
- Change management
- Others
- South America Global Healthcare Quality Management Software Market Size and Forecast, By end use (2022-2029)
- IT and Telecom
- Transportation and Logistics
- Consumer goods and retail
- Defence and Aerospace
- Manufacturing
- Healthcare
- Others
- South America Global Healthcare Quality Management Software Market Size and Forecast, By deployment (2022-2029)
- Cloud
- On premise
- South America Global Healthcare Quality Management Software Market Size and Forecast, By organization (2022-2029)
- Small and medium enterprise
- Large Enterprise
- South America Global Healthcare Quality Management Software Market Size and Forecast, by Country (2022-2029)
- Brazil
- Argentina
- Rest of South America
- South America Global Healthcare Quality Management Software Market Size and Forecast, By solution (2022-2029)
- Company Profile: Key players
- Wolters Kluwer Health
- Company Overview
- Financial Overview
- Business Portfolio
- SWOT Analysis
- Business Strategy
- Recent Developments
- Orion Health
- Health Catalyst
- Press Ganey
- Qualtrics
- Verint
- Carestream Health
- GE Healthcare
- Philips Healthcare
- Siemens Healthineers
- Cerner Corporation
- Epic Systems Corporation
- Allscripts Healthcare Solutions, Inc.
- Meditech Healthcare Systems
- NextGen Healthcare, Inc.
- eClinicalWorks
- Athenahealth, Inc.
- Greenway Health
- drchrono, Inc.
- CareCloud, Inc.
- Aprima Medical Software, Inc.
- Practice Fusion, Inc.
- Kareo, Inc.
- WebPT, Inc.
- TherapyNotes, LLC
- Wolters Kluwer Health
- Key Findings
- Industry Recommendation