The Latin America, Middle East and Africa Patient Safety and Risk Management Software Market would witness market growth of 12.5% CAGR during the forecast period (2020-2026). Growing pressure on healthcare workers in order to maintain the patient data strongly, due to the increasing number of cybercrime incidences all across the globe is another key factor boosting the demand for this segment in the market.
In addition to it, the lesser costs accompanied by risk management and safety solutions are leading to increased adoption of this software. It reduces the probabilities of medical errors and injuries of the patient, resulting in enhanced survival rates. Consequently, the numerous benefits related to this software are expected to boost the market for patient safety and risk management software in the foreseeable period of time.
The quick growth in the infrastructure of healthcare encourages long-term care centers and hospitals to adopt different types of innovative technologies, and this is influencing the market growth. Moreover, rising awareness in patients and amplified operational efficiency owing to lesser medical errors are some main factors driving the market growth for patient safety and risk management software.
In addition to it, the patient safety and risk management software also result in the enhanced workflow in healthcare organizations along with the rising need to follow the compliance guidelines are also boosting the market demand. Consequently, the companies are concentrating on the progress of new software products and solutions in order to enhance the performance of the healthcare provider and offer effective care to the patient, which is anticipated to lift market growth over the foreseeable period.
Based on Type, the market is segmented into Risk Management & Safety Solutions, Governance, Risk & Compliance Solutions, and Claims Management Software. Based on End User, the market is segmented into Hospitals, Ambulatory Care Centers, Long-Term Care Centers and Other End-users. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Patient Safety & Risk Management Software Market in LAMEA is expected to register a CAGR of 12.5% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Conduent, Incorporated, Becton, Dickinson and Company, Health Catalyst, Inc., RLDatix, Riskconnect, Inc., Clarity Group, Inc., Symplr (The Patient Safety Company), RiskQual Technologies, Inc., Smartgate Solutions Ltd. and Prista Corporation.
Market Segmentation:
By Type
By End-User
By Country
Companies Profiled
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