Asia Pacific Patient Safety And Risk Management Software Market Size & Outlook
Asia Pacific patient safety and risk management software market, 2018-2030 (US$M)
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Asia Pacific patient safety and risk management software market highlights
- The Asia Pacific patient safety and risk management software market generated a revenue of USD 153.1 million in 2023.
- The market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, risk management & safety solutions was the largest revenue generating software type in 2023.
- Risk Management & Safety Solutions is the most lucrative software type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 153.1 million |
| Market revenue in 2030 | USD 373.7 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Risk management & safety solutions |
| Fastest growing segment | Risk Management & Safety Solutions |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Risk Management & Safety Solutions |
| Key market players worldwide | Health Catalyst Inc, Conduent Inc, Clarity Pharmaceuticals Ltd, Riskonnect, Origami Risk, RLDatix, symplr, Verge Health, Riskqual Technologies, Quantros, The Patient Safety Co |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 7.8% of the global patient safety and risk management software market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 373.7 million by 2030.
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Patient Safety And Risk Management Software Market Scope
Patient Safety And Risk Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific patient safety and risk management software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to patient safety and risk management software market will help companies and investors design strategic landscapes.
Risk management & safety solutions was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific patient safety and risk management software market based on risk management & safety solutions covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in patient pool, rise in investments to improve healthcare infrastructure, advancements related to machine learning, and algorithm development are factors propelling the demand for patient safety & risk management software. Moreover, shift of companies from tactical, traditional, tool-centric data, and analytical projects toward state-of-the-art, strategic, architecture-centric data and analytics programs is further leading to lucrative market growth.
Furthermore, growing awareness and need for managing efficient workflows and increasing demand for personalized and customized information in emerging economies like India and China are driving the market in the region. The usage of these solutions in healthcare is also increasing due to rising need for managing financial operations and enhancing patient outcomes coupled with real-time sharing of patient data.
Growing awareness among healthcare providers and organizations regarding benefits offered by the software and increasing number of acquisitions, partnerships, & government initiatives supporting the adoption of digital solutions are further anticipated to drive the regional market. Some of the key players operating in the region include IQVIA, RLDatix, MetricStream, Inc., and Conduent, Inc.
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Target buyers of Asia Pacific patient safety and risk management software market databook
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Our clientele includes a mix of patient safety and risk management software market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific patient safety and risk management software market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific patient safety and risk management software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific patient safety and risk management software market
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