Global Quality & Safety Reporting Systems for Healthcare Market Projected to Surpass US$ 2000 Mn by 2025 Quality and safety reporting system, a healthcare IT system, is utilized across health organisations including primary care units, hospitals, and various other healthcare settings, interpreting patient safety and reporting data. This helps in identifying medical errors or adverse events for improvements in safety and quality for patients. According to a report by Persistence Market Research (PMR), the global quality and safety reporting systems for healthcare market is expected to expand at 11.8% CAGR during the forecast period- 2017 to 2025. In 2016, the market was evaluated at US$ 842.9 Mn and it is anticipated to surpass US$ 2000 Mn in revenues by 2025-end.
Surging number of medical device recalls has resulted into a rise in adoption of quality and safety reporting systems, so as to reduce potential medical errors and keep track of medical device components for managing recalls. In addition, growing