Global Healthcare Quality Management Software Market is valued approximately at USD 1.1 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 13.24% over the forecast period 2023-2030. The Healthcare Quality Management Software Market refers to the segment of the healthcare industry that encompasses software solutions designed to streamline and improve quality management processes in healthcare organizations. These software platforms provide tools and functionalities to assist in areas such as compliance with regulations, risk management, patient safety, performance improvement, and data analysis, ultimately leading to enhanced quality of care and operational efficiency within healthcare facilities. The Healthcare Quality Management Software Market is driven by factors such as increasing mediation errors and increasing medical tourism.
These software systems typically offer a range of features and functionalities to support activities such as quality assessment and performance monitoring. According to a 2022 study published by MDPI, medication errors among nurses were found to be prevalent, with a rate of 72.1%. However, the study revealed that only 41.2% of these errors were actually reported. Along with that a study published in the Saudi Pharmaceutical Journal, conducted in a central hospital in Saudi Arabia, identified a total of 4,860 medication errors that occurred between 2018 and 2020. . Thus, increasing errors in mediation is fueling the growth of the market. In addition, aging population and technology advancement in quality management software create lucrative opportunities for the market. However, the concern of data security and privacy hinders the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Healthcare Quality Management Software Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing acceptance of healthcare quality management software and increasing product launch in the region. Asia Pacific is considered as the fastest growing region during the forecasted period due to increasing numbers of hospitals, increasing healthcare spending and aging population.
Major market player included in this report are:
- MorCare Plc
- Karminn Consultancy Network
- Intelex Technologies
- EFFIVITY Technology Pvt. Ltd.
- Okkala Solutions Private Limited
- MEG corporation
- Premier, Inc.
- Qualityze Inc.
- Title21 Software, Inc.
- OdiTek Solutions
- Ideagen Plc.
Recent Developments in the Market:
- In February 2022, Hexagon AB has acquired ETQ, a SaaS-based QMS software provider, to bolster its market position by incorporating a QMS software platform into its offerings. Meanwhile, Crothall Healthcare and Intelex collaborated to create "team quest," a web-based QMS platform aimed at enhancing quality management processes in hospitals.
Global Healthcare Quality Management Software Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimatio: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, Deployment, End use, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Business intelligence and Data analytics solutions
- Clinical risk management solutions
- Physician quality reporting solutions
- Provider performance improvement solutions
By Application:
- Data Management
- Risk Management
- Others
By Deployment:
- Cloud-based
- On-premises
- Web Based
By End Use:
- Hospitals
- Ambulatory surgery centres
- Nursing homes
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Healthcare Quality Management Software Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Healthcare Quality Management Software Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Healthcare Quality Management Software Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Healthcare Quality Management Software Market, by Deployment, 2020-2030 (USD Billion)
- 1.2.5. Healthcare Quality Management Software Market, by End Use, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Healthcare Quality Management Software Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Healthcare Quality Management Software Market Dynamics
- 3.1. Healthcare Quality Management Software Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing mediation failures
- 3.1.1.2. Increasing medical tourism.
- 3.1.2. Market Challenges
- 3.1.2.1. Concern of data security and privacy.
- 3.1.3. Market Opportunities
- 3.1.3.1. Aging population
- 3.1.3.2. Technology advancement in quality management software.
Chapter 4. Global Healthcare Quality Management Software Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Healthcare Quality Management Software Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Healthcare Quality Management Software Market by Type, Performance - Potential Analysis
- 5.3. Global Healthcare Quality Management Software Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Healthcare Quality Management Software Market , Sub Segment Analysis
- 5.4.1. Business intelligence and Data analytics solutions
- 5.4.2. Clinical risk management solutions
- 5.4.3. Physician quality reporting solutions
- 5.4.4. Provider performance improvement solutions
Chapter 6. Global Healthcare Quality Management Software Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Healthcare Quality Management Software Market by Application, Performance - Potential Analysis
- 6.3. Global Healthcare Quality Management Software Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Healthcare Quality Management Software Market , Sub Segment Analysis
- 6.4.1. Data Management
- 6.4.2. Risk Management
- 6.4.3. Others
Chapter 7. Global Healthcare Quality Management Software Market, by Deployment
- 7.1. Market Snapshot
- 7.2. Global Healthcare Quality Management Software Market by Deployment, Performance - Potential Analysis
- 7.3. Global Healthcare Quality Management Software Market Estimates & Forecasts by Deployment 2020-2030 (USD Billion)
- 7.4. Healthcare Quality Management Software Market , Sub Segment Analysis
- 7.4.1. Cloud-based
- 7.4.2. On-premises
- 7.4.3. Web Based
Chapter 8. Global Healthcare Quality Management Software Market, by End Use
- 8.1. Market Snapshot
- 8.2. Global Healthcare Quality Management Software Market by End Use, Performance - Potential Analysis
- 8.3. Global Healthcare Quality Management Software Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
- 8.4. Healthcare Quality Management Software Market , Sub Segment Analysis
- 8.4.1. Hospitals
- 8.4.2. Ambulatory surgery centres
- 8.4.3. Nursing homes
- 8.4.4. Others
Chapter 9. Global Healthcare Quality Management Software Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Healthcare Quality Management Software Market , Regional Market Snapshot
- 9.4. North America Healthcare Quality Management Software Market
- 9.4.1. U.S. Healthcare Quality Management Software Market
- 9.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Deployment breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. End Use breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Healthcare Quality Management Software Market
- 9.5. Europe Healthcare Quality Management Software Market Snapshot
- 9.5.1. U.K. Healthcare Quality Management Software Market
- 9.5.2. Germany Healthcare Quality Management Software Market
- 9.5.3. France Healthcare Quality Management Software Market
- 9.5.4. Spain Healthcare Quality Management Software Market
- 9.5.5. Italy Healthcare Quality Management Software Market
- 9.5.6. Rest of Europe Healthcare Quality Management Software Market
- 9.6. Asia-Pacific Healthcare Quality Management Software Market Snapshot
- 9.6.1. China Healthcare Quality Management Software Market
- 9.6.2. India Healthcare Quality Management Software Market
- 9.6.3. Japan Healthcare Quality Management Software Market
- 9.6.4. Australia Healthcare Quality Management Software Market
- 9.6.5. South Korea Healthcare Quality Management Software Market
- 9.6.6. Rest of Asia Pacific Healthcare Quality Management Software Market
- 9.7. Latin America Healthcare Quality Management Software Market Snapshot
- 9.7.1. Brazil Healthcare Quality Management Software Market
- 9.7.2. Mexico Healthcare Quality Management Software Market
- 9.8. Middle East & Africa Healthcare Quality Management Software Market
- 9.8.1. Saudi Arabia Healthcare Quality Management Software Market
- 9.8.2. South Africa Healthcare Quality Management Software Market
- 9.8.3. Rest of Middle East & Africa Healthcare Quality Management Software Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. MorCare Plc
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Karminn Consultancy Network
- 10.3.3. Intelex Technologies
- 10.3.4. EFFIVITY Technology Pvt. Ltd.
- 10.3.5. Okkala Solutions Private Limited
- 10.3.6. MEG corporation
- 10.3.7. Premier, Inc.
- 10.3.8. Qualityze Inc.
- 10.3.9. Title21 Software, Inc.
- 10.3.10. OdiTek Solutions
- 10.3.11. Ideagen Plc.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption