North American Market Forecast
The healthcare quality management market in North America is projected to be the largest with a share of about 35% by the end of 2037. The growth of the market can be attributed majorly to the increasing number of cases of people suffering from chronic diseases. According to the National Center for Chronic Disease Prevention and Health, six in ten persons in the United States are currently coping with a chronic illness such as diabetes, heart disease, or cancer. In the US, chronic diseases rank among the top reason for deaths, with heart disease and cancer alone responsible for almost 38% of fatalities. Moreover, the rising government efforts to improve the quality of healthcare is also expected to boost the market growth in the region. In the US, the government launched programs for ensuring a better quality of healthcare are system, including the State Children’s Health Insurance Program, the Veteran Health Administration program, State Children’s Health Insurance Program, and others.
APAC Market Statistics
The Asia Pacific healthcare quality management market is estimated to be the second largest, registering a share of about 24% by the end of 2037. The growth of the market can be attributed majorly to the rising prevalence of digital health solutions. Between 2020 and 2021, around 76 million health applications were downloaded in India, an approximate 38% rise over the previous year. However, India saw the largest growth of nearly 156% for health and fitness apps between Q1 and Q2 2020. Moreover, Ping An Good Doctor was the most widely used medical app in China as of December 2021, with about 12 million active monthly users. On the other hand, rise in the medical errors in the healthcare sector is also responsible for the market growth in the region. In India, there are over 5 million medical errors per year.
Europe Market Forecast
Further, the healthcare quality management market in the Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2037. The growth of the market can be attributed majorly to the proactive efforts by both and the public sector to enhance healthcare quality management. Members of Congress, state legislatures, regulatory bodies, health insurers, the community of providers, researchers in the field of health services, health policy institutes, labor unions, and businesses are all attempting to improve their knowledge and comprehension of specific facets of the operation of European health care systems.
Author Credits: Radhika Pawar
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