The patient safety and risk management software market in APAC is expected to grow at the highest CAGR during the forecast period. Much of this growth is driven by the increasing patient population in this region, rapid return on investment (ROI), and rising government initiatives to improve the patient safety & patient outcomes in healthcare.
The patient safety and risk management solutions market is estimated to be worth USD 2.2 billion by 2024 from a value of USD 1.3 billion in 2019, growing at a CAGR of 11.2% during the forecast period. The rising need to curtail healthcare costs, increasing incidences of medical errors & hospital-acquired infections, and growing government initiatives to improve patient safety and patient outcomes are key drivers of this market. On the other hand, the dearth of in-house IT expertise and the reluctance of healthcare providers to adopt new methods of patient safety and risk management are expected to restrain the growth of the market to a certain extent during the forecast period.
Market Analysis and Insights: Global Patient Safety and Risk Management Software System Market
In 2019, the global Patient Safety and Risk Management Software System market size was US$ xx million and it is expected to reach US$ xx million by the end of 2026, with a CAGR of xx% during 2021-2026.
Global Patient Safety and Risk Management Software System Scope and Market Size
Patient Safety and Risk Management Software System market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Patient Safety and Risk Management Software System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Patient Safety and Risk Management Software System market is segmented into Risk Management & Safety Solutions, Claims Management Solutions, Governance, Risk & Compliance Solutions, etc.
Segment by Application, the Patient Safety and Risk Management Software System market is segmented into Hospitals, Ambulatory Care Centers, Long-Term Care Centers, Pharmacies, Other, etc.
Regional and Country-level Analysis
The Patient Safety and Risk Management Software System market is analysed and market size information is provided by regions (countries).
The key regions covered in the Patient Safety and Risk Management Software System market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Patient Safety and Risk Management Software System Market Share Analysis
Patient Safety and Risk Management Software System market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Patient Safety and Risk Management Software System business, the date to enter into the Patient Safety and Risk Management Software System market, Patient Safety and Risk Management Software System product introduction, recent developments, etc.
The major vendors include RLDatix (Canada), Riskonnect Inc. (Georgia), Verge Health (US), Clarity Group Inc. (US), The Patient Safety Company (Netherlands), RiskQual Technologies (US), Quantros Inc. (US), Conduent Inc. (US), Prista Corporation (US), Smartgate Solutions Ltd. (UK), etc.

This report focuses on the global Patient Safety and Risk Management Software System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Patient Safety and Risk Management Software System development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

RLDatix (Canada)
Riskonnect Inc. (Georgia)
Verge Health (US)
Clarity Group Inc. (US)
The Patient Safety Company (Netherlands)
RiskQual Technologies (US)
Quantros Inc. (US)
Conduent Inc. (US)
Prista Corporation (US)
Smartgate Solutions Ltd. (UK)

Market segment by Type, the product can be split into

Risk Management & Safety Solutions
Claims Management Solutions
Governance, Risk & Compliance Solutions

Market segment by Application, split into

Hospitals
Ambulatory Care Centers
Long-Term Care Centers
Pharmacies
Other

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Patient Safety and Risk Management Software System status, future forecast, growth opportunity, key market and key players.
To present the Patient Safety and Risk Management Software System development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Patient Safety and Risk Management Software System are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.