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Global Patient Safety And Risk Management Software Market Outlook: 2016-2022

March 2017 | 265 pages | ID: G4B157B6D6FEN
Meticulous Market Research Pvt. Ltd.

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Many health outcomes continue to advance swiftly through new and more effective treatments. At the same time, medical errors and harm to patients remains an issue in all healthcare systems. The rising number of medical errors and the need to ensure patient safety and high quality of care have become key priorities for healthcare organizations across the globe. According to the journal of patient safety, around 210,000 to 440,000 fatalities occur each year in the U.S. due to preventable medical errors. They accounted for one-sixth of the annual deaths in the U.S. in 2014. The cost of these errors is around USD 1 trillion annually. Owing to the growing concern of these errors, hospitals and other healthcare settings are increasingly focusing on patient safety by reducing the number of errors and subsequently the number of deaths caused by them.

Patient safety has become a priority for almost all major healthcare systems across the globe. The field has developed significantly in the last decade and is currently on the verge of dramatic change. There is a considerable adoption of these solutions across the globe with developed regions such as North America and Europe continuously focusing on improving the health outcomes by adopting advanced health IT solutions such as patient safety and risk management software. However, the implementation of these solutions has been variable across different countries with developing nations awakening to this concept as one of the major focus areas. With the increasing need to curtail growing healthcare costs, rising incidence of medical errors, and growing need to adhere to regulatory guidelines; the adoption of systems for overseeing the reporting of adverse events, near misses, and potentially unsafe conditions is expected to increase significantly in the next five years.

The global patient safety and risk management software market is mainly segmented by product, mode of delivery, end-user, and geography. The product market is primarily segmented into integrated and standalone software. The market is further segmented by mode of delivery into on-premise, and web/cloud based software. The end-user market is mainly segmented into hospitals, long-term care centers/home care agencies/assisted living facilities, primary care/general practitioners, mental healthcare, ambulance services, and other end-users. The global patient safety and risk management software market is further segmented by geography into four major continents namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW).

The leading players in the global patient safety and risk management software market are Quantros Inc. (U.S.), Datix Ltd. (U.K.), The Patient Safety Company (The Netherlands), RL Solutions (Canada), Becton, Dickinson and Company (U.S.), Prista Corporation (U.S.), Clarity Group, Inc. (U.S.), Riskonnect, Inc. (U.S.), RiskQual Technologies (U.S.), Smartgate Solutions Ltd. (U.K.), Brandix i3 (Sri Lanka), Morrisey Holdings, Inc. (U.S.), Verge Health (U.S.), MidasPlus, Inc. (U.S.), RiskMan International Pty Ltd (Australia), CCD Health Systems (Canada), and Marsh ClearSight LLC (U.S.) among others.

Key questions answered in the report-
  • Which are the high growth market segments in terms of products, end-users, mode of delivery, regions, and countries?
  • What is the historical market for patient safety and risk management software across the globe?
  • What are the market forecasts and estimates from the period 2016-2022?
  • What are the major drivers, restrains, threats, and opportunities in the global patient safety and risk management software market?
  • What are the burning issues of the global patient safety and risk management software market?
  • Who are the major players in the global patient safety and risk management software market and what share of the market do they hold?
  • Who are the major players in various countries and what share of the market do they hold?
  • What are the competitive landscapes and who are the market leaders by sub-region in the global patient safety and risk management software market?
  • What are the recent developments in the global patient safety and risk management software market?
  • What are the different strategies adopted by the major players in the global patient safety and risk management software market?
  • What are the geographical trends and high growth regions/ countries?
  • What are the local emerging players in the global patient safety and risk management software market and how do they compete with the global players?
1. INTRODUCTION TO PATIENT SAFETY AND RISK MANAGEMENT SOFTWARE MARKET

1.1 Market Ecosystem
1.2 Definitions
1.3 Years Considered in Study
1.4 Currency & Limitation
1.5 Market Buzz & Foregrounds

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

4.1 Drivers
4.2 Restraints
4.3 Opportunities

5. GLOBAL PATIENT SAFETY AND RISK MANAGEMENT SOFTWARE MARKET CRACKDOWN ($ VALUE ANALYSIS), BY PRODUCT

5.1 Standalone Software
  5.1.1 Safety Event Reporting/Incident Reporting
  5.1.2 Patient Feedback Manager
  5.1.3 Claims Management
  5.1.4 Root Cause Analysis
  5.1.5 Risk Registry
  5.1.6 Medication safety and quality auditing
  5.1.7 Others
5.2 Integrated Software

6. GLOBAL PATIENT SAFETY AND RISK MANAGEMENT SOFTWARE MARKET CRACKDOWN ($ VALUE ANALYSIS), BY MODE OF DELIVERY

6.1 On-premise
6.2 Web-based/Cloud-based

7. GLOBAL PATIENT SAFETY AND RISK MANAGEMENT SOFTWARE MARKET CRACKDOWN ($ VALUE ANALYSIS), BY END-USER

7.1 Hospitals
7.2 Long-term care/Home Care/Assisted Living
7.3 Primary Care
7.4 Mental Healthcare
7.5 Ambulance Services
7.6 Others

8. GLOBAL PATIENT SAFETY AND RISK MANAGEMENT SOFTWARE MARKET CRACKDOWN ($ VALUE ANALYSIS), BY GEOGRAPHY

8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia-Pacific
8.5 Latin America
8.6 Middle East & Africa

9. GLOBAL PATIENT SAFETY AND RISK MANAGEMENT SOFTWARE MARKET – COMPETITIVE LANDSCAPE

9.1 Leading Players
9.2 New Product Launches
9.3 Agreements, Partnerships & Collaboration
9.4 Expansions
9.5 Mergers & Acquisitions
9.6 Other Developments

10. COMPANY PROFILES

10.1 Quantros Inc.
10.2 Datix Ltd.
10.3 The Patient Safety Company
10.4 RL Solutions
10.5 Becton, Dickinson and Company
10.6 Prista Corporation
10.7 Clarity Group, Inc.
10.8 Riskonnect, Inc.
10.9 RiskQual Technologies
10.10 Smartgate Solutions Ltd.
10.11 Brandix i3
10.12 Morrisey Holdings, Inc.
10.13 Verge Health
10.14 MidasPlus, Inc.
10.15 RiskMan International Pty Ltd
10.16 CCD Health Systems
10.17 Marsh ClearSight LLC
Financials for private companies are not mentioned, since the data is not available publicly

LIST OF TABLES

Table 1 Global Patient Safety and Risk Management Software Market, By Type, 2014-2022 (USD Million)
Table 2 Integrated Patient Safety and Risk Management Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 3 Standalone Patient Safety and Risk Management Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 4 Global Standalone Patient Safety and Risk Management Software Market, by Type, 2014-2022 (USD Million)
Table 5 Safety Event Reporting/Incident Reporting Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 6 Patient Feedback Manager Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 7 Claims Management Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 8 Root Cause Analysis Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 9 Risk Registry Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 10 Medication Safety and Quality Auditing Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 11 Other Standalone Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 12 Global Patient Safety and Risk Management Software Market, by Mode of Delivery, 2014-2022 (USD Million)
Table 13 On-Premise Patient Safety and Risk Management Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 14 Web/cloud based Patient Safety and Risk Management Software Market Size, By Country/Region, 2014-2022, (USD Million)
Table 15 Global Patient Safety and Risk Management Software Market, by End-user, 2014-2022 (USD Million)
Table 16 Patient Safety and Risk Management Software Market Size for Hospitals, By Country/Region, 2014-2022, (USD Million)
Table 17 Patient Safety and Risk Management Software Market Size for Long-term care/Home Care By Country/Region, 2014-2022, (USD Million)
Table 18 Patient Safety and Risk Management Software Market Size for Primary Care, By Country/Region, 2014-2022, (USD Million)
Table 19 Patient Safety and Risk Management Software Market Size for Mental Healthcare, By Country/Region, 2014-2022, (USD Million)
Table 20 Patient Safety and Risk Management Software Market Size for Ambulance Services, By Country/Region, 2014-2022, (USD Million)
Table 21 Patient Safety and Risk Management Software Market Size for other End users, By Country/Region, 2014-2022, (USD Million)
Table 22 Global Patient Safety and Risk Management Software Market Size – by Region, 2014 – 2022 ($Million)
Table 23 U.S. Macroeconomic Indicators
Table 24 Canada Macroeconomic Indicators
Table 25 North America: Patient safety and Risk Management Software Market, By Product, 2014-2022 (USD Million)
Table 26 North America: Patient safety and Risk Management Software Market, By Mode of Delivery, 2014-2022 (USD Million)
Table 27 North America: Standalone Patient safety and Risk Management Software Market, By Type, 2014-2022 (USD Million)
Table 28 North America: Patient safety and Risk Management Software Market, By End-user, 2014-2022 (USD Million)
Table 29 Europe: Patient safety and Risk Management Software Market, By Product, 2014-2022 (USD Million)
Table 30 Europe: Patient safety and Risk Management Software Market, By Mode of Delivery, 2014-2022 (USD Million)
Table 31 Europe: Standalone Patient safety and Risk Management Software Market, By Type, 2014-2022 (USD Million)
Table 32 Europe: Patient safety and Risk Management Software Market, By End-user, 2014-2022 (USD Million)
Table 33 Asia Pacific: Patient safety and Risk Management Software Market, By Product, 2014-2022 (USD Million)
Table 34 Asia Pacific: Patient safety and Risk Management Software Market, By Mode of Delivery, 2014-2022 (USD Million)
Table 35 Asia Pacific: Standalone Patient safety and Risk Management Software Market, By Type, 2014-2022 (USD Million)
Table 36 Asia Pacific: Patient safety and Risk Management Software Market, By End-user, 2014-2022 (USD Million)
Table 37 Latin America: Patient safety and Risk Management Software Market, By Product, 2014-2022 (USD Million)
Table 38 Latin America: Patient safety and Risk Management Software Market, By Mode of Delivery, 2014-2022 (USD Million)
Table 39 Latin America: Standalone Patient safety and Risk Management Software Market, By Type, 2014-2022 (USD Million)
Table 40 Latin America: Patient safety and Risk Management Software Market, By End-user, 2014-2022 (USD Million)
Table 41 Middle East & Africa: Patient safety and Risk Management Software Market, By Product, 2014-2022 (USD Million)
Table 42 Middle East & Africa: Patient safety and Risk Management Software Market, By Mode of Delivery, 2014-2022 (USD Million)
Table 43 Middle East & Africa: Standalone Patient safety and Risk Management Software Market, By Type, 2014-2022 (USD Million)
Table 44 Middle East & Africa: Patient safety and Risk Management Software Market, By End-user, 2014-2022 (USD Million)

LIST OF FIGURE

Figure 1 Market Ecosystem
Figure 2 Market Ecosystem- Geographic Segmentation
Figure 3 Years Considered for This Study
Figure 4 Research Process-1
Figure 5 Research Process-2
Figure 6 Research Process-3
Figure 7 Standalone Software Market Share, by Type, 2016
Figure 8 Global Patient Safety and Risk Management Software- Geographic Analysis, 2016
Figure 9 Global Patient Safety and Risk Management Software Market Share, by Region, 2016
Figure 10 Global Patient Safety and Risk Management Software Market, by End-user, 2016-2022
Figure 11 Common Healthcare- Associated Infections in the U.S. Acute Care Hospitals
Figure 12 Standalone Software Market Share, By Type, 2016
Figure 13 Global Patient Safety and Risk Management Software Market, by Type, 2016-2022
Figure 14 Standalone Patient Safety and Risk Management Software Market, by Type, 2016-2022, USD Million
Figure 15 Global Patient Safety and Risk Management Software Market, by Mode of Delivery, 2016-2022 (USD Million)
Figure 16 Global Patient Safety and Risk Management Software Market, by End-user, 2016-2022 (USD Million)
Figure 17 Leading Players
Figure 18 Regional Adoption of Patient Safety Software
Figure 19 Potential Patient Safety and Risk Management Software Markets
Figure 20 Overall ranking of the developed countries based on various dimensions of care
Figure 21 Geographic Analysis- Introduction
Figure 22 Patient Safety and Risk Management Software Market, by Country/Region, 2016-2022, USD Million.
Figure 23 Highlights of the contribution of AHRQ in advancing a safer U.S. health care syste
Figure 24 History of patient safety in the U.K.
Figure 25 Competitive Landscape
Figure 26 Total Revenue, 2013-2015 (USD Million)
Figure 27 Total Revenue, By Region- 2015 (USD Million)
Figure 28 Total Revenue, By Business Segments- 2015 (USD Million)
Figure 29 Total Revenue, 2013-2015 (USD Million)
Figure 30 Total Revenue, By Region- 2015 (USD Million)
Figure 31 Total Revenue, By Business Segment- 2015 (USD Million)
Figure 32 Total Revenue, 2013-2015 (USD Million)
Figure 33 Total Revenue, By Region- 2015 (USD Million)
Figure 34 Total Revenue, By Business Segment- 2015 (USD Million)


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