Healthcare Quality Management Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Healthcare Quality Management Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $11.53 billion In 2028 At A CAGR Of 16.2% :

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.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=8449&type=smp

Healthcare Quality Management Market Major Segments
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

Key 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.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=8449&type=smp

Prominent 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.

Healthcare Quality Management Market Players
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.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/healthcare-quality-management-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the healthcare quality management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare quality management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Healthcare Quality Management Market Report Structure
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

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.