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Patient Safety and Risk Management Software Market Analysis by Type, by Deployment Mode by End user, and by Region - Global Forecast to 2029

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    Report

  • 136 Pages
  • September 2022
  • Region: Global
  • Quintana Research and Consulting
  • ID: 5651340
The patient safety and risk management software market size is estimated to be USD 1.8 billion in 2021 and is expected to witness a CAGR of 13.12% during the forecast period 2022-2029. The growing need to reduce healthcare costs, rising rates of medical errors and hospital-acquired infections, and expanding government programmes to improve patient safety and outcomes contributing to the market growth. However, lack of in-house IT knowledge and healthcare providers' unwillingness to implement new patient safety and risk management strategies are expected to hinder the growth.

By Type

Based on type, the market is bifurcated into claims management solutions and risk management & safety solutions. In 2021, the claims management solutions and risk management segment accounted for the highest revenue share due to the efficient application of GRC solutions and the rising incidence of patients' unpleasant occurrences worldwide.

By Deployment Mode

On the basis of deployment mode, the market is bifurcated into public cloud and private cloud. In 2021, the private cloud segment accounted for the highest revenue share owing to the increasing use of a mobility workforce, the growing worries about data security and catastrophe recovery, and rising bring your own device (BYOD) trend.

By End user

Based on end user, the market is segregated into ambulatory care centres, hospitals, pharmacies, long-term care centers, and others. In 2021, the ambulatory care centres segment accounted for the highest revenue share due to the growing requirement to reduce the risk of patient harm and the increasing adoption of patient safety and risk management software in order to manage patient safety incidents effectively.

Regional Markets

In 2021, North America region accounted for the highest patient safety and risk management software market and is expected to maintain its dominance during the forecast period. This is attributed to the growing patient population in this region, fast return on investment (ROI), and increasing government measures to improve patient safety and outcomes in healthcare. Furthermore, presence of key players and development in healthcare infrastructure are expected to provide significant market growth.

Competitor Insights

Some of the key players operating in the patient safety and risk management software market are Clarity Group Inc. (US), Conduent Inc. (US), Prista Corporation (US), Quantros Inc. (US), Riskonnect Inc. (US), RiskQual Technologies (US), RLDatix (Canada), Smartgate Solutions Ltd. (UK), The Patient Safety Company (Netherlands), and Verge Health (US).

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including type, deployment mode, and end user from 2021 to 2029.

Segmentation: Patient Safety and Risk Management Software Market Report 2021-2029

By Type (Revenue, USD Billion)

  • Claims Management Solutions
  • Risk Management & Safety Solutions

By Deployment Mode (Revenue, USD Billion)

  • Public Cloud
  • Private Cloud

By End user (Revenue, USD Billion)

  • Ambulatory Care Centres
  • Hospitals
  • Pharmacies
  • Long-term Care Centers
  • Others

By Region (Revenue, USD Billion)

North America

  • U.S
  • Canada

Europe

  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM

Middle East & Africa

  • South Africa
  • GCC
  • Rest of MEA

Table of Contents

1. Research Methodology
1.1.Study Objectives
1.2.Study Scope
1.3.Research Assumptions
1.4.Research Framework
1.4.1.Research Models
1.4.1.1.Bottom-up Approach
1.4.1.2.Top-down Approach
1.4.1.3.Data Triangulation
1.4.2.Data Procurement
1.4.2.1.Internal Database
1.4.2.2.Secondary Research
1.4.2.3.Purchased Database
1.4.2.4.Primary Research
1.4.3.Data Analysis
1.4.3.1.Data Validation
1.4.3.2.Market Size Estimation
1.4.3.3.Market Forecast Model
1.4.4.Quality Assessment
2. Introduction: Patient Safety and Risk Management Software
3. Executive Summary
3.1.Global Market Scenario
3.2.Segment Market Scenario
3.3.Geographic Market Scenario
3.4.COVID-19 Impact
3.5.Competitive Landscape
4. Market Dynamics
4.1.Market Drivers
4.1.1.Driver 1
4.1.2.Driver 2
4.1.3.Driver 3
4.1.4.Driver 4
4.1.5.Driver 5
4.2. Market Restraint
4.2.1.Restraint 1
4.2.2.Restraint 2
4.2.3.Restraint 3
4.2.4.Restraint 4
4.3.Market Opportunities
4.3.1.Opportunity 1
4.3.2.Opportunity 2
4.3.3.Opportunity 3
4.3.4.Opportunity 4
4.4.Market Trends
4.4.1.Trend 1
4.4.2.Trend 2
4.4.3.Trend 3
4.4.4.Trend 4
4.5.Market Challenges
4.5.1.Challenge 1
4.5.2.Challenge 2
4.5.3.Challenge 3
4.5.4.Challenge 4
5. Market Environment Analysis
5.1.Porter’s 5 Forces Analysis
5.2.PESTEL Analysis
5.3.Value Chain Analysis
5.4.SWOT Analysis
5.5.Benchmark
6. COVID-19 Impact Analysis: Patient Safety and Risk Management Software Market
6.1.COVID-19: Overview
6.2.COVID-19 Impact on the Global Market
6.3.COVID-19 Impact on the Regional Markets
7. Market Analysis by Type
7.1.Claims Management Solutions
7.1.1.Claims Management Solutions Market Forecast, 2021-2029 (USD Million)
7.2.Risk Management & Safety Solutions
7.2.1.Risk Management & Safety Solutions Market Forecast, 2021-2029 (USD Million)
8. Market Analysis by Deployment Mode
8.1.Public Cloud
8.1.1.Public Cloud Market Forecast, 2021-2029 (USD Million)
8.2.Private Cloud
8.2.1.Private Cloud Market Forecast, 2021-2029 (USD Million)
9. Market Analysis by End user
9.1.Ambulatory Care Centres
9.1.1.Ambulatory Care Centres Market Forecast, 2021-2029 (USD Million)
9.2.Hospitals
9.2.1.Hospitals Market Forecast, 2021-2029 (USD Million)
9.3.Pharmacies
9.3.1.Pharmacies Market Forecast, 2021-2029 (USD Million)
9.4.Long-term Care Centers
9.4.1.Long-term Care Centers Market Forecast, 2021-2029 (USD Million)
9.5.Others
9.5.1.Others Market Forecast, 2021-2029 (USD Million)
10. Regional Market Analysis
10.1.Regional Market Trends
10.2.Regional Market: Comparative Analysis
11. North America Patient Safety and Risk Management Software Market
11.1.North America Patient Safety and Risk Management Software Market
11.1.1.North America Market Size and Forecast, 2021-2029 (USD Million)
11.1.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
11.1.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
11.1.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
11.2.U.S. Patient Safety and Risk Management Software Market
11.2.1.U.S. Market Size and Forecast, 2021-2029 (USD Million)
11.2.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
11.2.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
11.2.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
11.3.Canada Patient Safety and Risk Management Software Market
11.3.1.Canada Market Size and Forecast, 2021-2029 (USD Million)
11.3.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
11.3.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
11.3.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
12. Europe Patient Safety and Risk Management Software Market
12.1.Europe Patient Safety and Risk Management Software Market
12.1.1.Europe Market Size and Forecast, 2021-2029 (USD Million)
12.1.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
12.1.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
12.1.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
12.2.Germany Patient Safety and Risk Management Software Market
12.2.1.Germany Market Size and Forecast, 2021-2029 (USD Million)
12.2.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
12.2.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
12.2.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
12.3.UK Patient Safety and Risk Management Software Market
12.3.1.UK Market Size and Forecast, 2021-2029 (USD Million)
12.3.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
12.3.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
12.3.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
12.4.France Patient Safety and Risk Management Software Market
12.4.1.France Market Size and Forecast, 2021-2029 (USD Million)
12.4.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
12.4.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
12.4.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
12.5.Spain Patient Safety and Risk Management Software Market
12.5.1.Spain Market Size and Forecast, 2021-2029 (USD Million)
12.5.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
12.5.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
12.5.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
12.6.Italy Patient Safety and Risk Management Software Market
12.6.1.Italy Market Size and Forecast, 2021-2029 (USD Million)
12.6.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
12.6.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
12.6.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
12.7.Rest of Europe Patient Safety and Risk Management Software Market
12.7.1.Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
12.7.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
12.7.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
12.7.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
13. Asia Pacific Patient Safety and Risk Management Software Market
13.1.Asia Pacific Patient Safety and Risk Management Software Market
13.1.1.Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
13.1.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
13.1.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
13.1.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
13.2.Japan Patient Safety and Risk Management Software Market
13.2.1.Japan Market Size and Forecast, 2021-2029 (USD Million)
13.2.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
13.2.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
13.2.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
13.3.China Patient Safety and Risk Management Software Market
13.3.1.China Market Size and Forecast, 2021-2029 (USD Million)
13.3.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
13.3.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
13.3.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
13.4.India Patient Safety and Risk Management Software Market
13.4.1.India Market Size and Forecast, 2021-2029 (USD Million)
13.4.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
13.4.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
13.4.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
13.5.South Korea Patient Safety and Risk Management Software Market
13.5.1.South Korea Market Size and Forecast, 2021-2029 (USD Million)
13.5.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
13.5.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
13.5.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
13.6.Australia Patient Safety and Risk Management Software Market
13.6.1.Australia Market Size and Forecast, 2021-2029 (USD Million)
13.6.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
13.6.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
13.6.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
13.7.Rest of Asia Pacific Patient Safety and Risk Management Software Market
13.7.1.Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
13.7.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
13.7.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
13.7.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
14. Latin America Patient Safety and Risk Management Software Market
14.1.Latin America Patient Safety and Risk Management Software Market
14.1.1.Latin America Market Size and Forecast, 2021-2029 (USD Million)
14.1.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
14.1.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
14.1.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
14.2.Brazil Patient Safety and Risk Management Software Market
14.2.1.Brazil Market Size and Forecast, 2021-2029 (USD Million)
14.2.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
14.2.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
14.2.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
14.3.Mexico Patient Safety and Risk Management Software Market
14.3.1.Mexico Market Size and Forecast, 2021-2029 (USD Million)
14.3.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
14.3.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
14.3.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
14.4.Argentina Patient Safety and Risk Management Software Market
14.4.1.Argentina Market Size and Forecast, 2021-2029 (USD Million)
14.4.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
14.4.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
14.4.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
14.5.Rest of Latin America Patient Safety and Risk Management Software Market
14.5.1.Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
14.5.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
14.5.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
14.5.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
15. MEA Patient Safety and Risk Management Software Market
15.1.MEA Patient Safety and Risk Management Software Market
15.1.1.MEA Market Size and Forecast, 2021-2029 (USD Million)
15.1.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
15.1.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
15.1.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
15.2.GCC Patient Safety and Risk Management Software Market
15.2.1.GCC Market Size and Forecast, 2021-2029 (USD Million)
15.2.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
15.2.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
15.2.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
15.3.South Africa Patient Safety and Risk Management Software Market
15.3.1.South Africa Market Size and Forecast, 2021-2029 (USD Million)
15.3.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
15.3.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
15.3.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
15.4.Rest of MEA Patient Safety and Risk Management Software Market
15.4.1.Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
15.4.1.1.Market Size and Forecast by Type, 2021-2029 (USD Million)
15.4.1.2.Market Size and Forecast by Deployment Mode, 2021-2029 (USD Million)
15.4.1.3.Market Size and Forecast byEnd user, 2021-2029 (USD Million)
16. Competitor Analysis
16.1.Market Share Analysis, 2021 & 2029
16.2.Competitive Mapping
16.3.Key Players Market Place Analysis
16.4.Major Recent Developments
17. Company Profiles
17.1.Clarity Group Inc. (US)
17.1.1.Company Snapshot
17.1.2.Company Overview
17.1.3.Financials
17.1.4.Deployment Mode Benchmarking
17.1.5.Recent Developments
17.2.Conduent Inc. (US)
17.2.1.Company Snapshot
17.2.2.Company Overview
17.2.3.Financials
17.2.4.Deployment Mode Benchmarking
17.2.5.Recent Developments
17.3.Prista Corporation (US)
17.3.1.Company Snapshot
17.3.2.Company Overview
17.3.3.Financials
17.3.4.Deployment Mode Benchmarking
17.3.5.Recent Developments
17.4.Quantros Inc. (US)
17.4.1.Company Snapshot
17.4.2.Company Overview
17.4.3.Financials
17.4.4.Deployment Mode Benchmarking
17.4.5.Recent Developments
17.5. Riskonnect Inc. (US)
17.5.1.Company Snapshot
17.5.2.Company Overview
17.5.3.Financials
17.5.4.Deployment Mode Benchmarking
17.5.5.Recent Developments
17.6.RiskQual Technologies (US)
17.6.1.Company Snapshot
17.6.2.Company Overview
17.6.3.Financials
17.6.4.Deployment Mode Benchmarking
17.6.5.Recent Developments
17.7. RLDatix (Canada)
17.7.1.Company Snapshot
17.7.2.Company Overview
17.7.3.Financials
17.7.4.Deployment Mode Benchmarking
17.7.5.Recent Developments
17.8.Smartgate Solutions Ltd. (UK)
17.8.1.Company Snapshot
17.8.2.Company Overview
17.8.3.Financials
17.8.4.Deployment Mode Benchmarking
17.8.5.Recent Developments
17.9.The Patient Safety Company (Netherlands)
17.9.1.Company Snapshot
17.9.2.Company Overview
17.9.3.Financials
17.9.4.Deployment Mode Benchmarking
17.9.5.Recent Developments
17.10.Verge Health (US)
17.10.1.Company Snapshot
17.10.2.Company Overview
17.10.3.Financials
17.10.4.Deployment Mode Benchmarking
17.10.5.Recent Developments
17.11.Company 11
17.11.1.Company Snapshot
17.11.2.Company Overview
17.11.3.Financials
17.11.4.Type Benchmarking
17.11.5.Recent Developments
17.12.Company 12
17.12.1.Company Snapshot
17.12.2.Company Overview
17.12.3.Financials
17.12.4.Type Benchmarking
17.12.5.Recent Developments
17.13.Company 13
17.13.1.Company Snapshot
17.13.2.Company Overview
17.13.3.Financials
17.13.4.Type Benchmarking
17.13.5.Recent Developments
17.14.Company 14
17.14.1.Company Snapshot
17.14.2.Company Overview
17.14.3.Financials
17.14.4.Type Benchmarking
17.14.5.Recent Developments
17.15.Company 15
17.15.1.Company Snapshot
17.15.2.Company Overview
17.15.3.Financials
17.15.4.Type Benchmarking
17.15.5.Recent Developments
17.16.Others Prominent Players
18. Conclusion & Recommendations

Companies Mentioned

A selection of companies mentioned in this report includes:

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