Global Market Study on Quality and Safety Reporting System for Healthcare: Hospitals End User Segment Projected to Create Incremental Opportunity of US$ 854.5 Mn Between 2017 and 2025

According to Persistence Market Research analysis, the North America quality and safety reporting system for healthcare market is likely to witness highest growth rate over the forecast period. The market in Asia Pacific is anticipated to witness moderate growth over the forecast period. Contributing to this upsurge is the continuous demand for quality and safety reporting systems by hospitals, increasing need to improve patient safety and implementation of stringent government regulations. Persistence Market Research has recently published a new report titled Quality and Safety Reporting System for Healthcare Market: Global Industry Trend Analysis 2012 to 2016 and Forecast 2017-2025.” According to the analysts, the global quality and safety reporting system for healthcare market is estimated to witness moderate revenue growth during the forecast period.

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Further, the analysts have observed that North America and Europe were the dominant markets in 2016 in terms of sales of quality and safety reporting systems. According to the report, in the coming years, countries in North America are expected to be the key markets for sustainable revenue generation from quality and safety reporting systems. The analysts have also noticed that partnership with healthcare organizations, hospitals, and other medical software vendors is projected to remain as the key strategy of manufacturers to boost their sales growth. While inspecting this market, the analysts have observed that long-term contracts with business partners help key players increase business revenue, enabling quality and safety reporting system vendors to reach new potential markets. One more trait the analysts have observed is that the U.S. is predicted to remain as the key growth region in the global quality and safety reporting system for healthcare market. A significant market potential exists in countries in Asia Pacific such as China, India, and Japan.

Persistence Market Research unique recommendations

  • Quality and safety reporting system providers can focus on expanding their business across several countries in the APAC region such as India and Malaysia, where governments of such countries are offering investment opportunities for foreign investors in the healthcare sector
  • Cloud-based quality and safety reporting systems are expected to witness substantially high demand during the forecast period due to the inherent advantages including ease of information transfer, large storage, flexibility, security, and cost proficiency. Quality and safety reporting system providers can focus on investing in this segment

 

Browse Full Report with TOC: http://www.mrrse.com/healthcare-quality-and-safety-reporting-system-market

Quality and safety reporting system is primarily a part of quality management software (QMS). QMS finds application in a number of industries, some of which include pharmaceutical, biotechnology, aerospace and defense, aviation, food and beverage, hospital and healthcare, IT, pharmaceuticals, and chemicals among others. Pharmaceuticals sector is the largest end-user segment for quality management software and constitutes a remarkable share of the total market. Hospital and healthcare sector also contributes significantly to the market amongst all end-user industries. Other industries such as aerospace and defense, aviation, food and beverages, IT, and chemicals individually occupy a very small share of the total market.

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