Patient Safety Software Market: By Type (Risk & Compliance Solutions, Governance, Risk Management & Safety Solutions, and Claims Management Solutions), By Deployment Type (Private Cloud, Public Cloud, and Hybrid Cloud), By End Users (Hospitals, Ambulatory Care Centers, Long Term Care Centers, and Pharmacies) and Region Forecast 2019-2030

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The patient safety software market size was valued at USD 2,645.8 million in 2023 and is expected to reach a value of the USD 5,090.7 million by 2030, at a CAGR of 9.8% from 2024-2030. Patient safety software is a computer program or system that helps healthcare organizations improve patient safety and reduce the risk of errors and accidents it includes reporting, surveys, checklists, analysis, medication reconciliation, automated safety protocol, and others. The market for patient safety software is being driven by strict rules that require reporting and responsibility, together with a growing emphasis on patient outcomes and healthcare quality.

High implementation costs and healthcare workers' aversion to change are major restraints that hinder the market. The increasing use of remote monitoring and telehealth technologies, which improve patient safety procedures, presents numerous opportunities. The recent trend in the market is the rise of artificial intelligence in many of the software solutions to predict and prevent safety issues in healthcare. As telehealth continues to expand, these tools are adapting to ensure remote care stays safe. And there is also a push to integrate multiple health data sources so that providers have a complete view of patient safety.

The product has become easier to use making it comfortable for healthcare professionals to accept its adoption without having to put in place massive training. Lastly, due to increasing regulations, places are increasingly looking for reporting software that meets safety standards. These trends have brought patient care to the forefront since it should be enhanced through technology. The growing need for creative solutions in healthcare settings is expected to fuel the worldwide patient safety software market's estimated 15% compound annual growth rate (CAGR) between 2023 and 2030, according to new research.

Patient Safety Software Market Key Developments

  • In January 2024: Origami Risk LLC launched the Origami Mobile app, further revolutionizing the way users experience the facilitation of EHS and risk management processes. The app enables safety and risk management professionals to conduct their audit & inspection activities, capture observations, and report incidents while on location in the field from any mobile or tablet without requiring Wi-Fi or cellular connectivity.
  • In June 2023: Action Cue Clinical Intelligence was implemented into the facility through the Idaho Hospital Association's partnership with Prista Corporation. It helped improve patient care and safety by providing real-time, actionable insight to the healthcare executives and their teams at the right time.

Patient Safety Software Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.8%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific

Patient Safety Software Market Dynamics

The patient safety software market has been dominated mainly by a few factors firstly, there is the growth in the need for bettering the quality of health care, as estimated by researchers to be over 200,000 annual deaths in the U.S. from medical errors that could have been prevented. This dismal statistic has driven healthcare organizations to add importance to safety initiatives. Second, in most instances, the higher regulations provided by bodies like the Joint Commission and Centers for Medicare & Medicaid Services necessitate a massive reporting and accountability mechanism. These regulations force providers to adopt safety software as an indication that they are responsible for their patients' well-being.

Moreover, the increased use of EHRs makes it easier to implement safety software in any health facility, and this enables health facilities to track and enhance their patient outcomes. Increasing telehealth services adoption, which has grown more than 154% through the COVID-19 pandemic is now requiring more emphasis on patient safety tools for care delivery. Altogether these are driving a good market for patient safety software.

Patient Safety Software Market Segmentation

By Type

  • Risk & Compliance Solutions
  • Governance
  • Risk Management & Safety Solutions
  • Claims Management Solutions

By Deployment Type

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By End User

  • Hospitals
  • Ambulatory Care Centers
  • Long Term Care Centers
  • Pharmacies

Frequently Asked Questions

The patient safety software was valued at USD 2,645.8 million in 2023 and is expected to grow at a CAGR of 9.8% over the forecast year to reach USD 5,090.7 million in 2030.

The market for patient safety software is being driven by strict rules that require reporting and responsibility, together with a growing emphasis on patient outcomes and healthcare quality.

The trend in the patient safety software market is artificial intelligence in many of the software solutions to predict and prevent safety issues in healthcare. As telehealth continues to expand, these tools are adapting to ensure remote care stays safe.

The major key players in the patient safety software market are RLDatix, Health Catalyst, Conduent Inc., Symplr, Clarity Group Inc., RiskQual Technologies, Inc.

Key Features of the Report

  • The patient safety software market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
1.Executive Summary
2.Global Patient Safety Software Market Introduction 
2.1.Global Patient Safety Software Market  - Taxonomy
2.2.Global Patient Safety Software Market  - Definitions
2.2.1.Type
2.2.2.Deployment Type
2.2.3.End-user
2.2.4.Region
3.Global Patient Safety Software Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Patient Safety Software Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Patient Safety Software Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Risk & Compliance Solutions
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Governance
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Risk Management & Safety Solutions
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Claims Management Solutions
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Patient Safety Software Market  By Deployment Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Public Cloud
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Private Cloud
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Hybrid Cloud
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Patient Safety Software Market  By End-user, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Ambulatory Care Centers
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Long Term Care Centers
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Pharmacies
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global Patient Safety Software Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Patient Safety Software Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Risk & Compliance Solutions
9.1.2.Governance
9.1.3.Risk Management & Safety Solutions
9.1.4.Claims Management Solutions
9.2.  Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Public Cloud
9.2.2.Private Cloud
9.2.3.Hybrid Cloud
9.3.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Ambulatory Care Centers
9.3.3.Long Term Care Centers
9.3.4.Pharmacies
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Patient Safety Software Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Risk & Compliance Solutions
10.1.2.Governance
10.1.3.Risk Management & Safety Solutions
10.1.4.Claims Management Solutions
10.2.  Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Public Cloud
10.2.2.Private Cloud
10.2.3.Hybrid Cloud
10.3.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Ambulatory Care Centers
10.3.3.Long Term Care Centers
10.3.4.Pharmacies
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Patient Safety Software Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Risk & Compliance Solutions
11.1.2.Governance
11.1.3.Risk Management & Safety Solutions
11.1.4.Claims Management Solutions
11.2.  Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Public Cloud
11.2.2.Private Cloud
11.2.3.Hybrid Cloud
11.3.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Ambulatory Care Centers
11.3.3.Long Term Care Centers
11.3.4.Pharmacies
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Patient Safety Software Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Risk & Compliance Solutions
12.1.2.Governance
12.1.3.Risk Management & Safety Solutions
12.1.4.Claims Management Solutions
12.2.  Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Public Cloud
12.2.2.Private Cloud
12.2.3.Hybrid Cloud
12.3.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Ambulatory Care Centers
12.3.3.Long Term Care Centers
12.3.4.Pharmacies
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Patient Safety Software Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Risk & Compliance Solutions
13.1.2.Governance
13.1.3.Risk Management & Safety Solutions
13.1.4.Claims Management Solutions
13.2.  Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Public Cloud
13.2.2.Private Cloud
13.2.3.Hybrid Cloud
13.3.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Ambulatory Care Centers
13.3.3.Long Term Care Centers
13.3.4.Pharmacies
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Riskonnect Inc
14.2.2.Origami Risk LLC
14.2.3.Becton, Dickinson and Company (BD) 
14.2.4.RLDatix
14.2.5.Health Catalyst
14.2.6.Conduent Inc
14.2.7.Symplr 
14.2.8.Clarity Group Inc
14.2.9.RiskQual Technologies Inc
14.2.10.Prista Corporation
15. Research Methodology 
16. Appendix and Abbreviations 
  • Riskonnect, Inc.
  • Origami Risk LLC
  • Becton, Dickinson and Company (BD) 
  • RLDatix
  • Health Catalyst
  • Conduent, Inc.
  • Symplr 
  • Clarity Group, Inc. 
  • RiskQual Technologies, Inc. 
  • Prista Corporation

Adjacent Markets