Global Healthcare Quality Management Market Research Report—Forecast till 2025

Global Healthcare Quality Management Market: Information by Software Type (Business Intelligence and Analytics Solutions, Physician Quality Reporting Solutions, Clinical Risk Management Solutions, Provider Performance Improvement Solutions and others), Mode of Deployment (Web/Cloud-Based, On-Premise), Application (Data Management, Risk Management), End-User (Hospitals, Ambulatory Care Centers, Payers and others) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2025

Market analysis
Generally, 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. Healthcare Quality Management Market is expected to register a CAGR of 13.40% to reach USD 4,602.0 Million by 2025. Healthcare quality management seeks to enhance the effectiveness of treatment and boost patient satisfaction with the service. Although a lot of data is created in many hospitals, it is hard to relate to medical big data research and the artificial intelligence industry in healthcare. Thus, implementation OF ‘HL7 QRDA-III STU Release2.1’ Guidelines & ICD 10, rise in medical errors, increasing government projects by public and private organizations are taking the growth of the healthcare quality management market. Therefore, this factor supports the market growth of the global healthcare quality management market. Healthcare quality management comprises of measurement, assessment, and improvement steps.

Market segmentation
The global healthcare quality management market is segmented based on software type, mode of deployment, application, and end-user respectively. The global healthcare quality management market, based on mode of deployment, has been segregated into web/cloud-based, on-premise. The global healthcare quality management market, based on application, has been segregated into data management, risk management. The global healthcare quality management market, based on end-user, has been segregated into hospitals, ambulatory care centers, payers, and others. Software type, mode of deployment, application, and end-user has segmented the global healthcare quality management market. The market, based on software type, has been categorized as business intelligence and analytics solutions, physician quality reporting solutions, clinical risk management solutions, provider performance improvement solutions, and others.

Regional analysis
Geographically the Global Healthcare Quality Management market is split in regions like North & South America, Europe, Asia-Pacific, Middle east and Africa and Rest of the world. Europe accounts for the second-largest share in the global healthcare quality management market. The presence of a highly developed medical and healthcare infrastructure, high spending on healthcare IT, and rising government initiatives in healthcare quality management services have led to the growth of the healthcare quality management market. Moreover, rapidly increasing technological progresses, and better product and service availability in the region are probable to have a positive impact on the healthcare quality management market in Europe The Americas led the market and accounted for the largest share in 2018, owing to snowballing healthcare spending and healthcare IT adoption. According to the Centers for Medicare and Medicaid Services, the US healthcare outlay grew 3.9% in 2017, reaching USD 3.5 trillion or USD 10,739 per person. These conditions are expected to support market growth in the Americas. The growing need for healthcare insurance and increasing government projects to combat healthcare medical errors are projected to support market growth in this region during the assessment period. The Middle East & Africa healthcare quality management market is segmented into two major regions, namely the Middle East and Africa. Developed countries in the Middle East, such as the UAE and Saudi Arabia are the ones with the maximum share in the healthcare quality management market. Factors such as sophisticated healthcare infrastructure increased healthcare expenditure and growing per capita disposable incomes of the people in these countries are contributing to the large share of the market in this region. Asia-Pacific is projected to be the fastest-increasing market during the forecast period due to constant healthcare developments in developing countries such as India and China. Government healthcare policies related to healthcare will support market growth in this region. For example, in 2016, the Chinese government released its 13th Five Year Plan (2016–2020) that supports high investments in the private healthcare sector and enhancements in the overall healthcare infrastructure in the country. This factor is projected to propel the market growing during the forecast period.

Major players
The proposed spectators in the Global Healthcare Quality Management market are manufacturers, Retailers, distributors, wholesalers, Investors and trade experts, Governments, associations, industrial bodies, etc. The major companies functioning in the Global Healthcare Quality Management market are concentrating on firming their global ways by entering untouched markets. The projected onlookers in the Global Healthcare Quality Management market are companies like Cerner Corporation (US), Citiustech Inc. (US), Dolbey Systems (US), Enli Health Intelligence (US), Mckesson Corporation (US), Medisolv Inc (US), Nuance Communications (US), Premier, Inc (US), Quantros Inc(US), Truven Health Analytics (US), and Cotiviti Holdings, Inc (US).

TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 MARKET SYNOPSIS 17

1.2 MARKET ATTRACTIVENESS ANALYSIS 18

1.3 GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET, BY SOFTWARE TYPE 18

1.4 GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET, BY MODE OF DEPLOYMENT 19

1.5 GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET BY APPLICATION 20

1.6 GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET, BY END USER 21

2 MARKET INTRODUCTION
2.1 DEFINITION 22

2.2 SCOPE OF THE STUDY 22

2.3 RESEARCH OBJECTIVE 22

2.4 MARKET STRUCTURE 22

2.5 ASSUMPTIONS & LIMITATIONS 23

3 RESEARCH METHODOLOGY
3.1 DATA MINING 24

3.2 SECONDARY RESEARCH 25

3.3 PRIMARY RESEARCH 26

3.4 BREAKDOWN OF PRIMARY RESPONDENTS 27

3.5 FORECASTING TECHNIQUES 28

3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 29

3.6.1 BOTTOM-UP APPROACH 30

3.6.2 TOP-DOWN APPROACH 30

3.7 DATA TRIANGULATION 31

3.8 VALIDATION 31

4 MARKET DYNAMICS
4.1 OVERVIEW 32

4.2 DRIVERS 33

4.2.1 INCREASING VOLUME OF UNSTRUCTURED DATA IN THE HEALTHCARE INDUSTRY 33

4.2.2 IMPLEMENTATION OF ‘HL7 QRDA-III STU RELEASE2.1’ GUIDELINES & ICD 10 33

4.2.3 RISE IN MEDICAL ERRORS 33

4.2.4 INCREASING GOVERNMENT INITIATIVES BY PUBLIC AND PRIVATE ORGANIZATIONS 33

4.3 RESTRAINTS 34

4.3.1 DATA SECURITY CONCERNS 34

4.3.2 UNWILLINGNESS TO DEVELOP HEALTHCARE QUALITY MANAGEMENT IN DEVELOPING REGIONS 34

4.4 OPPORTUNITIES 35

4.4.1 INCREASING PRODUCT LAUNCHES AND APPROVALS 35

4.4.2 ARTIFICIAL INTELLIGENCE (AI) IN HEALTHCARE QUALITY MANAGEMENT 35

5 MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES MODEL 36

5.1.1 BARGAINING POWER OF SUPPLIERS 36

5.1.2 BARGAINING POWER OF BUYERS 37

5.1.3 THREAT OF NEW ENTRANTS 37

5.1.4 THREAT OF SUBSTITUTES 37

5.1.5 INTENSITY OF RIVALRY 37

5.2 VALUE CHAIN ANALYSIS 38

5.2.1 INPUTS 39

5.2.2 SOFTWARE DEVELOPMENT PROCESS 39

5.2.3 OUTPUT 39

5.2.4 MARKETING AND DISTRIBUTION 39

5.2.5 POST-SELLING SERVICES 39

6 GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET, BY SOFTWARE TYPE
6.1 OVERVIEW 40

6.2 BUSINESS INTELLIGENCE AND ANALYTICS SOLUTIONS 42

6.3 PHYSICIAN QUALITY REPORTING SOLUTIONS 43

6.4 CLINICAL RISK MANAGEMENT SOLUTIONS 44

6.5 PROVIDER PERFORMANCE IMPROVEMENT SOLUTIONS 45

6.6 OTHERS 45

7 GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET, BY MODE OF DEPLOYMENT
7.1 OVERVIEW 46

7.2 WEB/CLOUD-BASED 47

7.3 ON-PREMISE 48

8 GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET, BY APPLICATION
8.1 OVERVIEW 49

8.2 DATA MANAGEMENT 50

8.3 RISK MANAGEMENT 52

9 GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET, BY END USER
9.1 OVERVIEW 53

9.2 HOSPITALS 54

9.3 AMBULATORY CARE CENTERS 55

9.4 PAYERS 56

9.5 OTHERS 56

10 GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET, BY REGION
10.1 OVERVIEW 57

10.2 AMERICAS 59

10.2.1 NORTH AMERICA 63

10.2.2 LATIN AMERICA 71

10.3 EUROPE 74

10.3.1 WESTERN EUROPE 77

10.3.2 EASTERN EUROPE 96

10.4 ASIA-PACIFIC 99

10.4.1 JAPAN 103

10.4.2 CHINA 105

10.4.3 INDIA 108

10.4.4 AUSTRALIA 110

10.4.5 SOUTH KOREA 113

10.4.6 REST OF ASIA-PACIFIC 115

10.5 MIDDLE EAST & AFRICA 118

10.5.1 MIDDLE EAST 121

10.5.2 AFRICA 124

11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW 127

11.2 COMPETITIVE BENCHMARKING 128

11.3 COMPETITOR DASHBOARD 129

11.4 THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN GLOBAL HEALTHCARE QUALITY MANAGEMENT MARKET 130

11.5 KEY DEVELOPMENT ANALYSIS 130

11.6 KEY DEVELOPMENTS & GROWTH STRATEGIES 131

11.6.1 ACQUISITION ACTIVITIES 131

11.6.2 NEW PRODUCT/SERVICE LAUNCH 131

11.6.3 COLLABORATION 132

11.6.4 PARTNERSHIP 132

11.6.5 AGREEMENT 132

12 COMPANY PROFILE
12.1 CERNER CORPORATION 133

12.1.1 COMPANY OVERVIEW 133

12.1.2 FINANCIAL OVERVIEW 134

12.1.3 PRODUCTS/SERVICES OFFERED 135

12.1.4 KEY DEVELOPMENTS 135

12.1.5 SWOT ANALYSIS 136

12.1.6 KEY STRATEGIES 136

12.2 CITIUSTECH INC 137

12.2.1 COMPANY OVERVIEW 137

12.2.2 FINANCIAL OVERVIEW 137

12.2.3 PRODUCTS/SERVICES OFFERED 137

12.2.4 KEY DEVELOPMENTS 137

12.2.5 SWOT ANALYSIS 138

12.2.6 KEY STRATEGIES 138

12.3 DOLBEY SYSTEMS 139

12.3.1 COMPANY OVERVIEW 139

12.3.2 FINANCIAL OVERVIEW 139

12.3.3 PRODUCTS/SERVICES OFFERED 139

12.3.4 KEY DEVELOPMENTS 140

12.3.5 SWOT ANALYSIS 140

12.3.6 KEY STRATEGIES 141

12.4 ENLI HEALTH INTELLIGENCE 142

12.4.1 COMPANY OVERVIEW 142

12.4.2 FINANCIAL OVERVIEW 142

12.4.3 PRODUCTS/SERVICES OFFERED 142

12.4.4 KEY DEVELOPMENTS 142

12.4.5 SWOT ANALYSIS 143

12.4.6 KEY STRATEGIES 143

12.5 MCKESSON CORPORATION 144

12.5.1 COMPANY OVERVIEW 144

12.5.2 FINANCIAL OVERVIEW 145

12.5.3 PRODUCTS/SERVICES OFFERED 145

12.5.4 KEY DEVELOPMENTS 146

12.5.5 SWOT ANALYSIS 147

12.5.6 KEY STRATEGIES 147

12.6 MEDISOLV INC 148

12.6.1 COMPANY OVERVIEW 148

12.6.2 FINANCIAL OVERVIEW 148

12.6.3 PRODUCTS/SERVICES OFFERED 148

12.6.4 KEY DEVELOPMENTS 148

12.6.5 SWOT ANALYSIS 149

12.6.6 KEY STRATEGIES 149

12.7 NUANCE COMMUNICATIONS 150

12.7.1 COMPANY OVERVIEW 150

12.7.2 FINANCIAL OVERVIEW 150

12.7.3 PRODUCTS/SERVICES OFFERED 151

12.7.4 KEY DEVELOPMENTS 151

12.7.5 SWOT ANALYSIS 152

12.7.6 KEY STRATEGIES 152

12.8 PREMIER, INC 153

12.8.1 COMPANY OVERVIEW 153

12.8.2 FINANCIAL OVERVIEW 153

12.8.3 PRODUCTS/SERVICES OFFERED 154

12.8.4 KEY DEVELOPMENTS 154

12.8.5 SWOT ANALYSIS 155

12.8.6 KEY STRATEGIES 155

12.9 QUANTROS INC 156

12.9.1 COMPANY OVERVIEW 156

12.9.2 FINANCIAL OVERVIEW 156

12.9.3 PRODUCTS/SERVICES OFFERED 156

12.9.4 KEY DEVELOPMENTS 156

12.9.5 SWOT ANALYSIS 157

12.9.6 KEY STRATEGIES 157

12.10 TRUVEN HEALTH ANALYTICS 158

12.10.1 COMPANY OVERVIEW 158

12.10.2 FINANCIAL OVERVIEW 158

12.10.3 PRODUCTS/SERVICES OFFERED 158

12.10.4 KEY DEVELOPMENTS 158

12.10.5 SWOT ANALYSIS 159

12.10.6 KEY STRATEGIES 159

12.11 COTIVITI HOLDINGS, INC 160

12.11.1 COMPANY OVERVIEW 160

12.11.2 FINANCIAL OVERVIEW 161

12.11.3 PRODUCTS/SERVICES OFFERED 161

12.11.4 KEY DEVELOPMENTS 162

12.11.5 SWOT ANALYSIS 162

12.11.6 KEY STRATEGIES 162

13 APPENDIX
13.1 REFERENCES 163

13.2 RELATED REPORTS 163