Global Quality and Safety Reporting Systems Market Trends, Challenges and Growth Drivers Analysis 2022

Press Release   •   Aug 14, 2017 05:03 EDT

“Global Quality and Safety Reporting Systems Market".

In this report, the global Quality and Safety Reporting Systems market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

Global Quality and Safety Reporting Systems market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

IBM Corporation

Alcumus Group

Abbott Laboratories

Intelex Technologies

Productivity-Quality Systems




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Quality and safety reporting system, a healthcare IT system, is utilized across health organizations including primary care units, hospitals, and various other healthcare settings, interpreting patient safety and reporting data. This helps in identifying medical errors or adverse events for improvements in safety and quality for patients. According to a report by Persistence Market Research (PMR), the global quality and safety reporting systems for healthcare market is expected to expand at 11.8% CAGR during the forecast period- 2017 to 2025. In 2016, the market was evaluated at US$ 842.9 Mn and it is anticipated to surpass US$ 2000 Mn in revenues by 2025-end.

The global market for the quality and safety reporting systems is fragmented into its delivery mode and end-user industry. Based on the delivery mode, the global market is segregated into on demand/cloud services and on premise. Based on the end-user industry, the market is categorized into energy and utility, hospitality, healthcare, manufacturing, construction, and others.

The major factors that are driving the quality and safety reporting systems market are the developed safety regulations that are imposed by the government bodies, requirements for legal and multiple statutory, and the increasing investments made by the organizations for these systems in order to offer the customers with better experience, and to improve the working experience for the employees. Factors such as the revolution of the medical care delivery due to the healthcare policies that are patient centric and the increase in the implementation of the interconnected and automated processes over the manual processes are triggering the growth of the market. The factors that are hampering the growth of the quality and safety reporting market are the initial investment that is required is high and complex solutions are required to comply with some of the legal and government regulatory.

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