Healthcare Quality Management Market Report 2024: Strategies And Recent Developments | Altegra Health Inc., Dolbey Systems Inc., Enli Health Intelligence, CitiusTech Inc., McKesson Corporation, Cerner Corporation, Quantros Inc., Verscend Technologies Inc.

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2382

The Business Research Company offers in-depth market insights through Healthcare Quality Management Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The healthcare quality management market size has grown rapidly in recent years. It will grow from $4.03 billion in 2023 to $4.62 billion in 2024 at a compound annual growth rate (CAGR) of 14.5%. The growth in the historic period can be attributed to patient engagement and satisfaction, quality improvement initiatives, rising healthcare costs, patient-centric care, value-based care initiatives..

The healthcare quality management market size is expected to see rapid growth in the next few years. It will grow to $8.15 billion in 2028 at a compound annual growth rate (CAGR) of 15.3%. The growth in the forecast period can be attributed to emphasis on patient outcomes, regulatory requirements, data-driven decision making, rising healthcare costs, patient engagement and experience.. Major trends in the forecast period include continual quality improvement, digital transformation in healthcare, personalized medicine integration, global health challenges response, cybersecurity measures, population health management..

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Market Segmentation:
The healthcare quality management market covered in this report is segmented -

1) By Software Type: Business Intelligence And Analytics Solutions, Physician Quality Reporting Solutions, Clinical Risk Management Solutions, Provider Performance Improvement Solutions
2) By Mode Of Delivery: Web And Cloud Based Solutions, On-Premise Solutions
3) By Application: Data Management, Risk Management
4) By End-User: Hospitals, Ambulatory Care Centers, Payer, Other End Users

Major Driver - The Surge In Healthcare Quality Management Market Amidst The Imperative To Reduce Medical Errors
Rising medical errors are expected to propel the growth of the healthcare quality management market. A medical error refers to a preventable adverse outcome of medical care, whether it is evident or damaging to the patient. Healthcare quality management is used to predict and avoid medication errors to increase the effectiveness of hospitals and healthcare providers. For instance, in September 2022, according to the World Health Organization, a Switzerland-based specialized agency that is responsible for international public health, the global cost associated with medical errors has been estimated at around US$42 billion annually. Therefore, rising medical errors are driving the healthcare quality management market.

Competitive Landscape:
Major companies operating in the healthcare quality management market report are Altegra Health Inc., Dolbey Systems Inc., Enli Health Intelligence, CitiusTech Inc., McKesson Corporation, Cerner Corporation, Quantros Inc., Verscend Technologies Inc., Truven Health Analytics (A Subsidiary of IBM Watson Health), Medisolv Inc., Premier Inc., Nuance Communications Inc., Cognizant Technology Solutions Corporation, Conduent Inc., Dimensional Insight Inc., Epic Systems Corporation, Allscripts Healthcare Solutions, Medtronic plc, Philips Healthcare, The Advisory Board Company, 3M Company, Wolters Kluwer Health, Health Catalyst, Press Ganey Associates, Persivia Inc., Meditab Software Inc., Atos SE, The Craneware Group, Streamline Health Solutions Inc., HealthStream Inc.

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Top Trend - Advancements In Healthcare Quality Management Propel The Market Forward
Product innovation is the key trend gaining popularity in the healthcare quality management market. Major companies operating in the healthcare quality management market are focusing on advancing the technology used in healthcare quality management systems. For instance, in November 2021, Crothall Healthcare, a US-based provider of healthcare support services partnered with Intelex a Canada-based software company to launch teamQUEST, a dedicated web-based quality management system platform for healthcare providers powered by Intelex. It provides a unified platform to organize the Quality Management System (QMS), allowing it to respond, develop, and evolve more efficiently over time. teamQUEST also provides consistency in operations, boosting the repetition of a certain procedure. The teamQUEST CAPA module helps discover, anticipate and rectify flaws and nonconformances that impede services from achieving client requirements. This is accomplished by monitoring current or anticipated nonconformances to pinpoint the underlying reasons, start containment, and create a suitable action plan to stop further flaws.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Healthcare Quality Management Market Characteristics
3. Healthcare Quality Management Market Trends And Strategies
4. Healthcare Quality Management Market - Macro Economic Scenario
5. Healthcare Quality Management Market Size And Growth
…..
27. Healthcare Quality Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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