Thereport "Healthcare Quality Management Market by Software (Business Analytics, Physician QualityReporting) Delivery Mode (Cloud, On-Premise) Application (Data Management, RiskManagement) End User (Hospital, Ambulatory Center, Payer) - Global Forecast to2022", The healthcare quality managementmarket has witnessed a healthy growth rate during the last decade and isexpected to grow at a CAGR of 14.2% between 2017 and 2022 to reach USD 3.31Billion by 2022.

Thegrowth in this market is mainly attributed to factors such as governmentmandates for healthcare providers to report quality & improve theperformance of care provided, increase in the volume of unstructured data inthe healthcare industry, and need to curtail healthcare costs & medicalerrors in healthcare facilities across the globe.

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By type, the business intelligence & analytics solutionssegment accounted for the largest share of the market in 2016

On thebasis of type, the market is categorized into business intelligence &analytics solutions, physician quality reporting solutions, clinical riskmanagement solutions, and provider performance improvement solutions. In 2016,the business intelligence & analytics solutions segment accounted for thelargest share of the market. The large share of this segment can primarily beattributed to soaring operating costs, rising demand for quality healthcare,government measures to promote value-based care, and the increasing number ofclaims denied from insurers in the healthcare industry.

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By delivery mode, web-& cloud-based solutions is expected togrow at the highest CAGR

Bydelivery mode, the global healthcare quality management market is segmentedinto web-& cloud-based and on-premise solutions. In 2016, the web-&cloud-based solutions segment dominated the healthcare quality managementmarket. This segment is also expected to grow at the highest CAGR during theforecast period. The flexibility of working from remote areas, affordability,and automated updating features are some of the factors attributing to the highgrowth of the web- & cloud-based solutions segment.

By application, the data management segment held the largestmarket share in 2016

On thebasis of application, the market is categorized into data management and riskmanagement. In 2016, the data management segment accounted for the largestshare of the healthcare quality management market. The large share of thissegment is attributed to the increasing volume of disparate data and therequirement of quality-based reports by regulatory bodies.

The datamanagement segment is further divided into unstructured data abstraction, dataprocessing & analysis, report generation, and report submission. In 2016,the data processing & analysis segment accounted for the highest share ofthe data management market. The large share of this segment is mainlyattributed to the high volume of unwanted data generation by healthcarefacilities and growing need to structure & analyze data in a standardizedformat for quality reporting.

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By end user, hospitals held the largest market share in 2016

Major endusers of healthcare quality management include hospitals, ambulatory carecenters, payers, ACOs, and other end users (home healthcare agencies, nursinghomes, and assisted living facilities). In 2016, the hospitals segment accountedfor the largest share of the global healthcare quality management market.Growing HCIT adoption, increasing focus on patient safety, significant growthin healthcare spending, rising medical error rates, increasing healthcarecosts, and government mandates to follow quality measures are the major factorssupporting the adoption of healthcare quality reporting and managementsolutions in hospitals.

North America dominated the market in 2016

In 2016,North America dominated the global healthcare quality management market. Thelarge share of this region can be attributed to stringent legislative andaccreditation requirements regarding healthcare quality reporting, growingpatient data volume, high adoption of healthcare IT technologies (to reduce soaringhealthcare costs), regulatory requirements to minimize clinical risk, and thepresence of a large number of healthcare IT companies in the region.

NuanceCommunications, Inc. (U.S.), Medisolv, Inc. (U.S.), Truven Health Analytics(U.S.), Cerner Corporation (U.S.), Premier, Inc. (U.S.), McKesson Corporation(U.S.), Verscend Technologies, Inc. (U.S.), Dolbey Systems, Inc. (U.S.),QUANTROS, INC. (U.S.), Altegra Health (U.S.), Enli Health Intelligence (U.S.),and CitiusTech Inc. (U.S.) are the major players in the healthcare qualitymanagement market.

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