The patient safety and risk management software market in APAC is expected to grow at the highest CAGR during the forecast period. Much of this growth is driven by the increasing patient population in this region, rapid return on investment (ROI), and rising government initiatives to improve the patient safety & patient outcomes in healthcare.
The patient safety and risk management solutions market is estimated to be worth USD 2.2 billion by 2024 from a value of USD 1.3 billion in 2019, growing at a CAGR of 11.2% during the forecast period. The rising need to curtail healthcare costs, increasing incidences of medical errors & hospital-acquired infections, and growing government initiatives to improve patient safety and patient outcomes are key drivers of this market. On the other hand, the dearth of in-house IT expertise and the reluctance of healthcare providers to adopt new methods of patient safety and risk management are expected to restrain the growth of the market to a certain extent during the forecast period.

Market Analysis and Insights: Global Patient Safety and Risk Management Software System Market
The global Patient Safety and Risk Management Software System market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Patient Safety and Risk Management Software System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Patient Safety and Risk Management Software System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Patient Safety and Risk Management Software System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Patient Safety and Risk Management Software System market.

Global Patient Safety and Risk Management Software System Scope and Market Size
Patient Safety and Risk Management Software System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Patient Safety and Risk Management Software System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Risk Management & Safety Solutions
Claims Management Solutions
Governance, Risk & Compliance Solutions

Segment by Application
Hospitals
Ambulatory Care Centers
Long-Term Care Centers
Pharmacies
Other

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
RLDatix (Canada)
Riskonnect Inc. (Georgia)
Verge Health (US)
Clarity Group Inc. (US)
The Patient Safety Company (Netherlands)
RiskQual Technologies (US)
Quantros Inc. (US)
Conduent Inc. (US)
Prista Corporation (US)
Smartgate Solutions Ltd. (UK)