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Global Healthcare Quality Management Market

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Global Healthcare Quality Management Market is expected to reach US$ 6.40 Billion by 2026 from US$ 1.9 Billion in 2016 at CAGR of 16.39% (Detailed analysis of the market CAGR is provided in the report).

Global Healthcare Quality Management Market is segmented by type, delivery mode, application, end user, and geography. Business Intelligence & Analytics Solutions segment held the largest market share in 2016. Government measures to promote value-based care, rising demand for quality healthcare are driving the business intelligence & analytics solutions segment growth. An end-user segment is classified as Hospitals, Ambulatory Care Centers. Payer, ACOs, and Others. Hospital sub-segment is estimated to hold the largest market share in the forecast period. Significant growth in healthcare spending, growing HCIT adoption, rising medical error rates, increasing focus on patient safety, increasing healthcare costs will result in the increasing share of hospital segment market. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

The increasing volume of unstructured data in the healthcare industry is trending the overall global healthcare quality management market. The high cost of quality reporting may hamper the market growth. APAC is going to emerge as one of the higher growth regions in the forecast period followed by North America and Europe. Increase in the volume of unstructured data in the healthcare industry, government mandates for healthcare providers to report quality & improve the performance of care provided, increase in healthcare expenditure will fuel the Global Healthcare Quality Management Market in APAC region.

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