Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Monday, October 16, 2023

Global Patient Safety and Risk Management Market is anticipated to grow at a CAGR of 10.6% during 2024 to 2030

The future of the global patient safety and risk management market looks promising with opportunities in the hospital, ambulatory care center, and pharmacy markets. The global patient safety and risk management market is expected to reach an estimated $3.9 billion by 2030 with a CAGR of 10.6% from 2024 to 2030. The major drivers for this market are growing concern about medical errors, reducing healthcare cost, and increased adoption of digitization in healthcare sector.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the patient safety and risk management market by type (risk management & safety solutions, claims management solutions, governance, and risk & compliance solutions), deployment mode (private cloud, public cloud, and hybrid cloud), end use (hospitals, ambulatory care centers, pharmacies, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, risk management & safety solutions, claims management solutions, governance, and risk & compliance solutions are the major segments of patient safety and risk management market by type. Lucintel forecasts that risk management & safety solutions is expected to witness highest growth over the forecast period due to increasing demand of patient safety software for easy access to pateint data and its protection in order to provide quality healthcare services for patients.

Within this market, ambulatory care centers is expected to witness highest growth due to rising need to reduce the risk of patient during ambulatory care and effective management of healthcare data by the ambulatory care centers. 

North America is expected will remain the largest segment over the forecast period due to growing pateint safety, rising use of data analytics in healthcare systems, and well developed healthcare organization in the region. 

Clarity, Datix, Fairwarning, First Databank, Health Catalyst, Iatric Systems, Logicstream Health, Meditech, Metavision, and Midas+ Solutions are the major suppliers in the patient safety and risk management market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

Related Reports

1. Pharmaceutical Contract Manufacturing Market

 

2. Medical Battery Market

 

3. Stent Market

 

4. Wheelchair Market 


5. 3D Printing Medical Device Market


6. Medical Device Market

 

7. Diagnostic Imaging Market

 

8.  Medical Lifting Sling Market

 

9.  Liquid Biopsy Market

 

10.  Stretcher Market

No comments:

Post a Comment