Patient Risk Management and Safety Market 2020-2026 Shows Strong Growth || Key Players are Clarity Group Inc., Conduent Inc, Prista Corporation, The Patient Safety Company;

By working with a number of steps of collecting and analysing market data, this finest Patient Risk Management and Safety market research report is framed with the expert team. Being an outstanding resource of market info, the Patient Risk Management and Safety Market report provides recent as well as upcoming technical and financial details of the industry. The market study and analysis of this business report also lends a hand to figure out types of consumers, their views about the product, their buying intentions and their ideas for advancement of a product. The global Patient Risk Management and Safety market research report comprises of various segments linked to Healthcare industry and market with comprehensive research and analysis.

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Global patient risk management and safety market?is expected to rise with a healthy CAGR of 10.85% in the forecast period of 2019-2026. This rise in market value can be attributed to the high cost of the software. The report contains data of the base year 2018 and historic year 2017.

Few of the major competitors currently working in the global?patient risk management and safety market?are?RLDatix, Verge Solutions, LLC, RiskQual, QUANTROS, INC., Clarity Group, Inc., Conduent, Inc, Prista Corporation, The Patient Safety Company, Ncontracts, Med-IQ, Inc., MetricStream Inc., IQVIA, Health Catalyst, Smartgate Solutions Ltd., Salus Global Corporation, Covance Inc., BD among others.

Market Definition: Global Patient Risk Management and Safety Market :-

Healthcare safety management?is mainly dedicated on minimizing the medication errors, human errors and to improve the different healthcare processes. This is basically a software solution, which provides real time visibility into quality and safety management processes. This system comprises of infection prevention management, risk management, incident reporting, surveillance management, claims management, audit management, and analytics solutions. According to World Health Organizations report, in Europe health-care related adverse events and medical errors arise in 8% to 12% of hospitalizations.

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Segmentation: Global Patient Risk Management and Safety Market :-

Patient Risk Management and Safety Market : By Solutions

Infection Prevention Management
Surveillance Management
Risk Management
Audit Management
Claims Management
Incident Reporting
Others

Patient Risk Management and Safety Market : By Component

Software
Services

Patient Risk Management and Safety Market : By End-User

Hospitals
Long-Term Care Centers
Ambulatory Care Centers
Pharmacies
Other

Patient Risk Management and Safety Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Key Developments in the Patient Risk Management and Safety Market:-

In May 2018, Sciformix Corporation (A Subsidiary of Covance Inc.) has launched a platform of new technology which can offer end-to-end solutions for safety & risk management. This expansion will help to overcome the unmet technology services for their life sciences customers
In July 2018, RL Solutions merged with Datix Limited. Datix Limited is a leading provider of healthcare quality and patient safety software. By this partnership the company will be able create a greater impact on patient safety all over the world

Patient Risk Management and Safety Market Drivers:-

Growing demand to decrease the high healthcare expenditure, is expected to drive the growth of the market
Increasing cases of hospital-acquired infections also acts as a market driver
Increasing government initiatives for the improvement of patient safety and patient outcomes also boosts the market growth
Rising focus on improving patient outcomes can also accelerate the growth of this market

Patient Risk Management and Safety Market Restraints:-

Unwillingness to change from conventional methods, which is restricting the overall adoption of these safety measures can act as a market restraint
Dearth of skilled IT professionals; this factor is expected to restrict the growth of the market
High cost of the software also hampers the market growth

Patient Risk Management and Safety Market : Competitive Analysis :-

Global patient risk management and safety market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of patient risk management and safety market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Report range-

The report offers Patient Risk Management and Safety Market share appraisals for regional and global levels
To gain detailed overview of parent market
Information about key drivers, restraints, opportunities, and their impact analysis on the Patient Risk Management and Safety Market size has been provided.
The study provides an in-depth analysis of the global Patient Risk Management and Safety Market and current & future trends to elucidate imminent investment pockets.
Identify growth segments and opportunities in the industry

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