Global Patient Safety and Risk Management Software System Market Growth (Status and Outlook) 2023-2029

Global Patient Safety and Risk Management Software System Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Patient Safety and Risk Management Software System Industry Forecast” looks at past sales and reviews total world Patient Safety and Risk Management Software System sales in 2022, providing a comprehensive analysis by region and market sector of projected Patient Safety and Risk Management Software System sales for 2023 through 2029. With Patient Safety and Risk Management Software System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Patient Safety and Risk Management Software System industry.

This Insight Report provides a comprehensive analysis of the global Patient Safety and Risk Management Software System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Patient Safety and Risk Management Software System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Patient Safety and Risk Management Software System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Patient Safety and Risk Management Software System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Patient Safety and Risk Management Software System.

The global Patient Safety and Risk Management Software System market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Patient Safety and Risk Management Software System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Risk Management & Safety Solutions
Claims Management Solutions
Governance, Risk & Compliance Solutions

Segmentation by application
Hospitals
Ambulatory Care Centers
Long-Term Care Centers
Pharmacies
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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)

Please note: The report will take approximately 2 business days to prepare and deliver.