USD 936.3 billion
Report ID:
SQMIR35D2244 |
Region:
Regional |
Published Date: March, 2024
Pages:
219
|Tables:
117
|Figures:
79
European Quality Management in Healthcare Market size was valued at USD 1034.24 Billion in 2023 and is poised to grow from USD 1086.99 Billion in 2024 to USD 1618.25 Billion by 2032, growing at a CAGR of 5.10% during the forecast period (2025-2032).
Due to the drawbacks of declining outpatient visits and social isolation, COVID-19 has had a significant impact on quality and compliance management. Patient traffic to hospitals and healthcare facilities has drastically decreased. Following the pandemic, healthcare quality management software will aid enterprises in bouncing back from the consequences of the coronavirus, enabling them to concentrate more quickly and effectively on risk management and other operational challenges driving the market during the forecast period.
Moreover, with the increasing complexity of health facilities and systems, emphasis was laid on efficiency and effectiveness, the pressure on cost-cutting, new initiatives to enhance patient outcomes and safety, the rise of unstructured data in healthcare, the rise of the geriatric population and the chronic illness diseases, emerging regulatory requirements, and promoting health information & technology facilities, the European healthcare quality management market is anticipated to expand during the anticipated period.
However, factors impeding market growth include the increased cost of quality reporting systems and data privacy concerns related to high-quality management software.
European Quality Management in Healthcare Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 936.3 billion
Largest Segment
Web & cloud-based solutions
Fastest Growth
Web & cloud-based solutions
Growth Rate
5.1% CAGR
To get more reports on the above market click here to Buy The Report
European quality management in the healthcare market is segmented based on the software type, mode of delivery, application, end-user, and region. Based on software type, market is segmented into Business Intelligence & Analytics, Provider Quality Reporting Solutions, Clinical Risk Management Solutions, Provider Performance Improvement Solutions. Based on mode of delivery, the market is segmented into web & cloud-based solutions, on-premise solutions. Based on application, the market is segmented into data management, and risk management. Based on end-user, quality management in the healthcare market in Europe is segmented into hospitals, ambulatory care centers, healthcare payers, and others. Based on region, it is categorized into Europe (Germany, U.K., France, Italy, Spain, and others).
European Quality Management in Healthcare Market Analysis by Software Type
Based on software type, European quality management in the healthcare market is segmented into Business Intelligence & Analytics, Provider Quality Reporting Solutions, Clinical Risk Management Solutions, Provider Performance Improvement Solutions.
The Business Intelligence and Analytics segment will remain the leader in the healthcare quality management market as healthcare organisations seek to retrieve relevant, actionable insights from a wealth of raw data, which is essential for enhancing quality and patient outcomes.
With the greater complexity of healthcare information generated by health-care systems and the country's reliance on digital technology, business intelligence continues to serve as a boon in business operation management in Europe, resulting in the European market's fastest growth during the anticipated period.
European Quality Management in Healthcare Market Analysis by Mode of Delivery
Based on mode of delivery, the quality management in healthcare market in Europe is segmented into web & cloud-based solutions, on-premise solutions. With physicians in healthcare departments increasingly requiring data management, storage, retrieval, and access to data, as well as new approaches to data centre infrastructure, cloud computing is expanding at a faster rate in the European region. Shifting critical applications to the cloud rather than traditional on-premise software ownership provides significant advantages that include cost savings, time savings, increased agility, and better service quality. Furthermore, growing efforts to improve care quality, improve the patient experience, and reduce costs support the demand for web and cloud-based solutions in the European quality management in healthcare market.
To get detailed analysis on other segments, Request For Free Sample Report
The United Kingdom is leading the European quality management market in healthcare with the largest share during the forecast period, followed by Germany and France. The region's large share is primarily due to the increasing need to reduce rising healthcare costs while also improving patient outcomes, stringent legislative and accreditation requirements for healthcare quality reporting, the change from fee-for-service to value-based care, increasing patient volume of data, and greater awareness and adoption of healthcare IT technologies.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
European Quality Management in Healthcare Market Drivers
Development of Healthcare Infrastructure to Bolster Market Growth
European Quality Management in Healthcare Market Restraints
Privacy Concerns to Hinder Market Growth
Request Free Customization of this report to help us to meet your business objectives.
European quality management in the healthcare market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
European Quality Management in Healthcare Market Top Player's Company Profiles
European Quality Management in Healthcare Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to the European quality management in healthcare market analysis, Germany is anticipated to grow significantly over the aforementioned forecast timeline due to the growing need to reduce rising healthcare costs. Moreover, the European quality management in healthcare market is expanding due to the increasing adoption of EHR, which has resulted in an increase in the amount of healthcare data solutions generated across the region, as well as the growing HCIT adoption, increased focus on quality care and patient safety, and government initiatives to follow quality measures and reporting are the major factors driving market growth during the forecast period.
Report Metric | Details |
---|---|
Market size value in Healthcare | USD 1034.24 Billion |
Market size value in 2032 | USD 1618.25 Billion |
Growth Rate | 5.10% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
European Quality Management in Healthcare Market Recent Developments
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the European Quality Management in Healthcare Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the European Quality Management in Healthcare Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the European Quality Management in Healthcare Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the European Quality Management in Healthcare Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIR35D2244
sales@skyquestt.com
USA +1 351-333-4748