Healthcare Quality Management is Expected to Reach $6.19 Billion at CAGR of 15.4% by 2026 with Top Player’s - Nuance Communications, Inc., Altegra Health, Inc. (A Subsidiary of Change Health), Truven Health Analytics (A Subsidiary of IBM Watson Health),

Market Overview

The Global Healthcare Quality Management Market is accounted for $1.7 billion in 2017 and is expected to reach $6.19 billion by 2026 growing at a CAGR of 15.4% from 2017 to 2026. Increasing adoption of information systems by hospitals & healthcare institutes, huge market potential in emerging economies and favorable initiatives taken by several governments worldwide are some of the factors influencing the market growth. Rising demand for quality care and integrated reliable technical solutions is one of the key trends escalating market growth.

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Quality management is an necessary aspect in healthcare organizations and patients. One of the main reason for the implementation of high management quality control in the healthcare industry is to ensure that proper care facilities are being offered to the patients. This function is being adopted by hospitals and medical clinics in order to show diligence to take optimal care of their patients.

By application, the data management segment accounted for the considerable share of the market due to the rising amount of unrelated data and the requirement of quality-based reports by regulatory bodies. The North America dominated the market 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 are the major factors fueling the market.

Major Industry Player’s

Top Players- Nuance Communications, Inc., Altegra Health, Inc. (A Subsidiary of Change Health), Truven Health Analytics (A Subsidiary of IBM Watson Health), Enli Health Intelligence , Premier, Inc., Medisolv, Inc., Cerner Corporation, Verscend Technologies, Inc., Mckesson Corporation, Dolbey Systems, Inc.

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Industry Segments

Types Covered:
• Physician Quality Reporting Solutions
• Business Intelligence and Analytics Solutions
• Provider Performance Improvement Solutions
• Clinical Risk Management Solutions

Delivery Modes Covered:
• On-Premise Solutions
• Web- & Cloud-Based Solutions

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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