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Global patient safety and risk Management software market to reach $2.2 billion by 2025

Press releases may be edited for formatting or style | August 31, 2017 Patient Monitors
DUBLIN, August 30, 2017 /PRNewswire/ -- The "Global Patient Safety And Risk Management Software Market Analysis & Trends - Industry Forecast to 2025" report has been added to Research and Markets' offering.

The Global Patient Safety and Risk Management Software Market is poised to grow at a CAGR of around 10.9% over the next decade to reach approximately $2.22 billion by 2025. Some of the prominent trends that the market is witnessing are increasing need to curtail growing healthcare costs, emphasizing on reduced medical errors, analytics to improve patient care by improving treatment pathways, emerging economies are beginning to implement patient safety and risk management technology and growth opportunities/investment opportunities.

Based on Product, market is divided into integrated software and standalone software. Standalone Software is further divided into claims management, medication safety and quality auditing, patient feedback manager, risk registry, root cause analysis, safety event reporting/incident reporting and other standalone software.
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Based on End User, market is fragmented into hospitals, health care firms, long term care centers, primary care/general practitioners, ambulance services , mental healthcare and other end users. On the basis of Mode of Delivery, market into web/cloud based software and on-premise.

Current Trends:

Increasing need to curtail growing healthcare costs
Emphasizing on reduced medical errors
Analytics to improve patient care by improving treatment pathways
Emerging economies are beginning to implement patient safety and risk management technology

SOURCE Research and Markets

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