Healthcare Quality Management Market - Growth, Trends, and Forecast (2019 - 2024)
|出版商||Mordor Intelligence LLP||商品編碼||704944|
|出版日期||內容資訊||英文 113 Pages
|全球醫療品管市場:各軟體類型、引進類型、用途、終端用戶、地區(2018年∼2023年) Healthcare Quality Management Market - Growth, Trends, and Forecast (2019 - 2024)|
|出版日期: 2019年06月01日||內容資訊: 英文 113 Pages||
Due to the rise in the aging population across the globe and increased healthcare costs, quality management has become an essential part of healthcare systems. As the latest technologies are evolving, the cost of the healthcare services is increasing and this is affecting the performance of healthcare providers in the developing or underdeveloped nations. To obtain the standard level of quality, the government is taking efforts in various nations across the globe. As per the National Institute of Health, the government of the Netherlands has implemented comprehensive health reforms to monitor the quality of care in the country. This reform is helping the country in the establishment of better healthcare services. Such mandates of government are helping in the growth of the healthcare quality management market across the globe. Along with that, other factors such as the increasing amount of unstructured data in healthcare and rising healthcare costs and medical errors are driving healthcare quality management market. However, higher costs of quality reporting systems, data security issues associated with the quality management software is another factor that is hindering the growth of the market.
Quality management in healthcare seeks to improve the effectiveness of treatments and increase patient satisfaction with the service. With an aging population and rising health care costs, quality management in health care is gaining increased attention. A health care system comprises small and large entities, such as pharmacies, medical clinics and hospitals, and all components need to provide quality service for the system to work properly.
Quality management in healthcare is heavily influenced by BI, as healthcare data is becoming increasingly complex every day. This major concern of healthcare providers is solved with the help of business intelligence, as it deals with a huge amount of data and makes it easier for the providers to manage such data. Business intelligence (BI) is helping the healthcare industry in gaining insights, reducing costs, increasing revenue, and improving patient safety. BI can also help in the improvement of patient care and patient outcomes, by providing evidence-based clinical decision making. This helps physicians in monitoring and predicting the diagnosis for patients. Owing to the ongoing development, quality of the healthcare sector is being influenced by evidence-based medicines and appropriate use of the data. However, factors, such as high cost of software and lack of skilled professionals to handle the BI tools may restrain the growth of this segment.
North America accounts for the largest share of the market studied. This can be primarily attributed to better reimbursement facilities provided and involvement of government in the implementation of quality management services, which are expected to augment the growth of the market studied over the forecast period. The increased focus on the quality of healthcare services in the United States is due to the Patient Protection and Accountable Care Act (PPACA), which was signed in the year 2010. This law contains the parameters that are designed to modify the way care is delivered to the Medicare and Medicaid patients and a central objective of improving the quality of the overall healthcare system in the region. The region is observing success in quality management, owing to the presence of physician leadership, infrastructural support, and improvement in the technological aspects of healthcare in the region. Thus, implementation of the PPACA law is helping the nation in healthcare quality management.
Market players continuously focusing on acquisitions and mergers, provisions of solutions which are customized and expansion of companies in untapped commercial markets. Moreover, companies are also investing huge amounts on developing new products and platforms with enhanced and improved features as a part of a commercialization strategy. For instance, In April 2019: Vizient, Inc. entered into an agreement with Medisolv, Inc. for its ENCOR Quality Management Platform. In Jul 2018: Cerner and Lumeris are in partnership to Launch Offering to Reduce Complexities for Health Systems Delivering Value-Based Care.