The global patient safety and risk management software market size is projected to grow by USD 10 billion from 2022 to 2028, registering a CAGR of 11.3 percent, according to a new report by Gen Consulting Company.

This industry report offers market estimates of the global market, followed by a detailed analysis of the type, deployment mode, end user, and region. The global market data on patient safety and risk management software can be segmented by type: claims management solutions, governance, risk and compliance solutions, risk management and safety solutions. The governance, risk and compliance solutions segment held the largest share of the global patient safety and risk management software market in 2021 and is anticipated to hold its share during the forecast period. Patient safety and risk management software market is further segmented by deployment mode: hybrid cloud, private cloud, public cloud. Globally, the private cloud segment made up the largest share of the patient safety and risk management software market. Based on end user, the patient safety and risk management software market is segmented into: ambulatory care centers, hospitals, insurance companies, long-term care centers, pharmacies, others. The hospitals segment was the largest contributor to the global patient safety and risk management software market in 2021. On the basis of region, the patient safety and risk management software market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW). North America is estimated to account for the largest share of the global patient safety and risk management software market.

Key companies profiled in the report include Carefusion Corp. (Becton Dickinson and Company), Conduent Inc., Ideagen plc, SAI Global Inc., Wolters Kluwer N.V.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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