Healthcare Quality Management Market Research Report 2023 Provided by Market Research
Future Which Includes Top Vendors Strategies, with market Size, Share, demand, And
Forecast.
Market Highlights:
It is estimated that the global healthcare quality management market is expected to
register a CAGR ~ 14.70% with an estimated market value of 1.63 billion during the
forecast period of 2018–2023. Healthcare quality management process involves a
systematic evaluation and improvement of the products and services to achieve better
quality. Healthcare quality management is related to those who manage the delivery of
healthcare services.
Several factors such as increase in government mandates for reporting the quality and
improving performance of services and products, extreme rise of unstructured data in the
recent, and adoption of new cloud technology-based services is anticipated to fuel the
growth of the market. However, loss of confidentiality, and lack of skilled IT professionals in
healthcare are some of the factors restraining the growth of this market.
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The Global Healthcare Quality Management Market is currently dominated by many market
players. The major players in the market are involved in new product launches and strategic
collaborations to strengthen its market position. For instance, in March 2017, McKesson
Corporation and Change Healthcare Holdings, Inc., a leading software and analytics
company, announced the completion of a new healthcare information technology company.
Segmentation:
The Global Healthcare Quality Management Market has been segmented into type, delivery
mode, application and end user.
The market, based on type, has been segmented into business intelligence and analytics
solutions, physician quality reporting solutions, clinical risk management solutions, and
provider performance improvement solutions.
The market, by delivery mode, has been segmented into web/cloud-based solutions and on-
premise solutions.
The market, by application, has been segmented into data management and risk
management. The market, based on data management, has been further segmented into
data processing and analysis, unstructured data abstraction, report generation, and report
submission.
The market, by end user has been segmented into hospitals, ambulatory care centres,
payers, accountable care organizations (ACOs), and others.
Key Players:
Altegra Health, Inc. (a subsidiary of Change Health), Cerner Corporation, Medisolv Inc.,
Citiustech Inc., Dolbey Systems Inc., Enli Health Intelligence, Mckesson Corporation,
Nuance Communications, Inc., Premier Inc., Quantros Inc., Truven Health Analytics (A
Subsidiary of IBM Watson Health), and Verscend Technologies, Inc.
Regional Analysis:
The market in the Americas is expected to dominate the global healthcare quality
management market during the forecast period owing to the rise in Healthcare Information
Technology (HCIT) investments in the region. In addition, proactive government initiatives
to spread awareness about the benefits of quality management in healthcare services
among the masses have supplemented the market growth. Europe is expected to hold the
second largest position in the global healthcare quality management market. The market
growth in this region is because of the presence of a well-established healthcare system and
increase in insurance coverage. Asia-Pacific is estimated to be the fastest growing region in
the market due to the improved healthcare infrastructure in the region. The market in the
Middle East & Africa is likely to account for the smallest share of the global healthcare