Global Healthcare Quality Management Market Projections, Primary Research, SWOT Analysis, Segmentation and Forecast by 2023
Oct 11, 2017
OrbisResearch.com has published new research report on "Global Healthcare Quality Management Market Research Report and Forecast to 2017-2023" to its database.
Dallas, United States - October 11, 2017 /MarketersMedia/ —
According to Stratistics MRC,the Global Healthcare Quality Management Market is accounted for $1.62 billion in 2016 and expected to grow at a CAGR of 16.0% to reach $4.59 billion by 2023. The market is driven by increasing volume of unstructured data in the healthcare industry, need to curtail healthcare costs & medical errors, government mandates for healthcare providers to report quality and improve performance. However, high cost of quality reporting and data security concerns will hamper market growth. Further, dearth of skilled IT professionals and reluctance among medical professionals to adopt healthcare quality management software will pose threat to the industry. In addition, the market will observe few trends such as potentiality in emerging economies, introduction of HL7 QRDA-III STU R2.1 guidelines & ICD 10, Natural Language Processing (NLP) technique to revolutionize data abstraction.
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For healthcare providers, analytics and insights make the difference in tomorrow’s clinical outcomes. The need to understand healthcare data and to draw insights and correlations from BI & Analytics continues to grow. With increasing data volumes, disparate data sources, and a lack of resources, reporting actionable insights from the hospital floor is presumed difficult but the healthcare sector has become a constant progressing sector. For example, Piedmont launched a collaborative initiative called Patient First to allow physicians to focus attention on one patient centered activity at a time. Also, a Late-Binding™ data warehouse provides not only faster time to value, but also the agility necessary to meet today’s healthcare analytics demands.
Data Processing & Analysis is attributed to the increasing volume of disparate data and the requirement of quality-based reports by regulatory bodies. Electronic Health Record (EHR) is important for data processing, communication, efficiency and effectiveness of patients’ information access, confidentiality, ethical and/or legal issues. Many countries have been complaining for incompleteness, inappropriateness and illegibility of records. Therefore creating awareness on the magnitude of the problem has paramount importance. In many cases, the elderly population suffers from multiple chronic conditions simultaneously. Such socio-demographic and epidemiologic challenges place increasing pressure on the health sector, calling for better prevention and more effective management of chronic diseases.
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Based on End users, some of the often mentioned trends have been accountable care organizations (ACOs), the formation of large hospital health systems, and the continuation of private insurance coverage by self-funded employers. However, the marketplace had undergone many subtle changes that began before the ACA, which only accelerated after its passage. As an example, Memorial Hermann Physician Network and Blue Cross Blue Shield of Texas are developing an ACO for 100,000 patients. Memorial Hermann Health System is hedging its bets, because it also has an ACO relationship with Aetna and a medical home model with Humana. The trends that will increasingly impact multiple healthcare stakeholders over the next few years include: revenue-driving consolidation, specialty drug use driving the cost of care and information technology innovations driving interstakeholder communications etc,.
Some of the key players in global Healthcare Quality Management market are Altegra Health, Cerner Corporation, Citiustech Inc., Dolbey Systems, Inc. , Enli Health Intelligence, McKesson Corporation, Medisolv, Inc., Nuance Communications, Inc., Premier, Inc., Quantros, Inc., Truven Health Analytics (A Subsidiary of IBM Watson Health) and Verscend Technologies.
Delivery Modes Covered:
Web & Cloud Based Solutions
On-Premise Solutions
Types Covered:
Physician Quality Reporting Solutions
Business Intelligence and Analytics
Provider Performance Improvement Solutions
Clinical Risk Management Solutions
Applications Covered:
Risk Management
Data Management
Data Processing & Analysis
Unstructured Data Abstraction
Report Generation
Report Submission
End Users Covered:
Hospitals
Ambulatory Care Centers
Payers
Accountable Care Organizations (ACOs)
Other End Users
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
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Major Points From The Table Of Contents:
Executive Summary
Preface
Market Trend Analysis
Porters Five Force Analysis
Global Healthcare Quality Management Market, By Delivery Mode
Global Healthcare Quality Management Market, By Type
Global Healthcare Quality Management Market, By Application
Global Healthcare Quality Management Market, By End User
Global Healthcare Quality Management Market, By Geography
Key Developments
Company Profiling
List Of Tables:
Table 1 Global Healthcare Quality Management Market Outlook, By Region
Table 2 Global Healthcare Quality Management Market Outlook, By Delivery Mode
Table 3 Global Healthcare Quality Management Market Outlook, By Web & Cloud Based Solutions
Table 4 Global Healthcare Quality Management Market Outlook, By On-Premise Solutions
Table 5 Global Healthcare Quality Management Market Outlook, By Type
Table 6 Global Healthcare Quality Management Market Outlook, By Physician Quality Reporting Solutions
Table 7 Global Healthcare Quality Management Market Outlook, By Business Intelligence and Analytics
Table 8 Global Healthcare Quality Management Market Outlook, By Provider Performance Improvement Solutions
Table 9 Global Healthcare Quality Management Market Outlook, By Clinical Risk Management Solutions
Table 10 Global Healthcare Quality Management Market Outlook, By Application
Table 11 Global Healthcare Quality Management Market Outlook, By Risk Management
Table 12 Global Healthcare Quality Management Market Outlook, By Data Management
Table 13 Global Healthcare Quality Management Market Outlook, By Data Processing & Analysis
Table 14 Global Healthcare Quality Management Market Outlook, By Unstructured Data Abstraction
Table 15 Global Healthcare Quality Management Market Outlook, By Report Generation
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Source: MarketersMedia
Release ID: 248760
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