With the shift towards value-based care and growing quality reporting requirements, the healthcare industry is increasingly adopting advanced health IT solutions such as analytics, population health management, and quality management solutions. Quality management solutions help hospitals, physicians, payers, and ACOs to efficiently manage and report quality data to meet regulatory requirements, improve performance and patient safety, and deliver value-based care.
European healthcare quality management market is booming and is expected to grow at a CAGR of 15.2% from 2018 to 2024 to reach $944.9 million by 2024.
Top 10 companies operating in European Healthcare Quality Management Market :
Founded in 1902 and headquartered at Minnesota, U.S.; 3M Company serves automotive, electronics and energy, appliances, paper and printing, packaging, food and beverages, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets directly, as well as through wholesalers, retailers, jobbers, distributors, and dealers. The company provides its products through following business segments, namely, Industrial, Safety and Graphics, Health Care, Electronics & Energy, and Consumer.
The company provides healthcare IT related products/solutions through Health Care business segment. With a strong network of its subsidiaries and distributors, the geographic presence of the company is seen in Africa, Asia, Central America, Europe, Middle East, North America, Oceania and South America.
Founded in 2005 and headquartered in Princeton, New Jersey, U.S.; CitiusTech Inc. provides healthcare technology services and solutions to medical technology companies, providers, payers, health plans and life sciences organizations. The company offers wide range of services and solutions including healthcare software development, healthcare interoperability, regulatory compliance, consumer engagement, care coordination, and population health management.
The company operates across North America, Europe, Middle East, and Asia-Pacific.
Cognizant Technology Solutions Corporation
Founded in 1994 and headquartered in Teaneck, New Jersey, U.S.; Cognizant Technology Solutions Corporation provides IT services, including digital technology, consulting, and operations services. In September 2014, Cognizant announced the acquisition of TriZetto (a leading provider of healthcare IT software and solutions) for USD 2.7 billion. Cognizant’s TriZetto Healthcare Products are software solutions that help organizations enhance revenue growth, drive administrative efficiency, improve cost and quality of care, and improve the member and patient experience.
The global presence of the company is seen in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Founded in 1906 and headquartered in New Jersey, U.S.; Conduent, Inc. is the provider of diversified business process services with leading capabilities in transaction processing, automation, analytics and constituent experience. It was formed in 2017 as a divestiture from Xerox. The company provides solutions for government and commercial customers assisting them to deliver quality services to citizens, patients, customers and employees while reducing costs.
The company strategies include expanding within attractive industries including Healthcare, optimizing and strengthening its services capabilities, greater focus on innovation to create next-generation solutions and enhance data analytics capabilities to deliver value-added services to clients. The global presence of the company is seen in the U.S., Europe and Asia-Pacific.
Dimensional Insight, Inc.
Founded in 1989 and headquartered in Burlington, Massachusetts, U.S.; Dimensional Insight, Inc., is a software company specialized in the development and marketing of business intelligence software. The flagship product of the company, The Diver Solution, delivers information in the form of reports, charts, and analytical applications.
The company develops and markets its products in the U.S., Canada, and it has its subsidiaries in China, Hong Kong, Panama, Germany, and the Netherlands.
A report into the projected growth of the current European Healthcare Quality Management Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2024, it’s expected to have grown at a CAGR of 15.2%, reaching over $ 944.9 million.
General Dynamics Corporation
Founded in 1952 and headquartered in Fairfax, Virginia, U.S.; General Dynamics Corporation provides information technology (IT), systems engineering, professional services and simulation and training to customers in the defense, federal civilian government, health, homeland security, intelligence, state and local government and commercial sectors. General Dynamics Health Solutions, part of General Dynamics Information Technology, provides end-to-end solutions and professional services to health organizations in the defense, federal civilian government, state and local government, commercial and international sectors.
The company provides its healthcare solutions in North America, Europe, Asia-Pacific, Middle East & Africa and South America.
Founded in 1833 and headquartered in San Francisco, California, U.S.; McKesson Corporation operates in two segments, namely, McKesson Distribution Solutions and McKesson Technology Solutions. The McKesson Distribution Solutions segment distributes branded and generic pharmaceutical drugs, and other healthcare-related products and provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices whereas the McKesson Technology Solutions segment provides clinical, financial, and supply chain management solutions to healthcare organizations.
As of March 2017, the company had a headcount of 78,000 employees with its geographical presence in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Some of the major subsidiaries of the company include Celesio Holdings Deutschland GmbH & Co. KGaA (Germany), McKesson US Finance Corporation (U.S.), PF2 McKesson Technologies Inc. (U.S.), and Per-Se Technologies (Georgia), among others.
Founded in 1994 and headquartered in Richardson, Texas, U.S.; MedeAnalytics, Inc. develops cloud-based healthcare analytics solutions for hospitals, health systems, health plans, state Medicaid programs and more. The company offers patient access, revenue integrity, business office, population health, and performance management solutions for healthcare providers.
It also provides consulting services in the areas of organizational alignment, population health, revenue cycle, and healthcare economics for healthcare providers and health plans. The company provides enterprise-level solutions to over 1500 clients in Richardson (TX), Emeryville (CA), Nashville (TN), and London.
Nuance Communications, Inc.
Founded in 1992 and headquartered in Burlington, Massachusetts, U.S., Nuance Communications, Inc., is the pioneer in conversational and cognitive AI innovations that bring intelligence to everyday work and life. The company delivers solutions that can understand, analyse and respond to human language to increase productivity and amplify human intelligence.
The company works with several organizations in global industries that include healthcare, telecommunications, automotive, financial services, and retail to create stronger relationships and better experiences with customers and workforce.
Truven Health Analytics
Founded in 2012 and headquartered in Ann Arbor, Michigan, U.S.; Truven Health Analytics provides market-leading performance improvement solutions built on data integrity, advanced analytics and domain expertise. The company provides healthcare solutions, analytic tools, research, and services to the healthcare industry, including hospitals and clinicians, government bodies, employers and health plans, and life sciences companies.
In February 2016, IBM Corporation acquired Truven Health Analytics and it is now a part of IBM’s Watson Health unit.
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Authoritative Research on the European Healthcare Quality Management Market – Global Opportunity Analysis and Industry Forecast (2018-2024)
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