Patient Safety in Healthcare, Forecast to 2022: Key Players are 3M, Becton Dickinson Philips, GE Healthcare & Medtronic

News provided by

Feb 02, 2018, 09:15 ET

DUBLIN, Feb. 2, 2018 /PRNewswire/ --

The "Patient Safety in Healthcare, Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

This report estimates that the various adverse events put an additional cost burden of $317.9 billion on hospitals across the US and Western Europe, adversely affecting 91.8 million patients and leading to 1.95 million deaths in 2016. The cost burden is expected to increase at a CAGR of 3.2% to reach $383.7 billion by 2022.

The study is a comprehensive analysis of 30 most pressing patient safety adverse events affecting patients, care givers, and healthcare organizations across the globe. The study measures the current and forecast country-wise cost impact, number of incidences, and mortality of individual adverse events.

It goes on to list the top adverse events, increasingly capturing care provider mind shares, current investment trends and forecast stakeholder interests. It also analyses the current competitive environment, most impactful vendor solutions addressing the top patient safety issues and their future market potential.

The study also highlights some of the most innovative and promising solutions capable of disrupting the market as well as convergence of new technologies entering the field. It finally concludes with pointing out the top 5 most compelling future growth opportunities, key strategies for growth and implementation challenges.

Key Features

Patient Care Management (medication safety, wrong patient/ site/ indication (WPSI) events, patient falls, pressure ulcers, antibiotic resistance, patient handoff safety, maternal death and diagnostic safety);
Health IT Management (EHR/ EMR Safety, alarm fatigue, lack of patient engagement, hospital outcomes data transparency, protected health information (PHI) compromise, unnecessary emergency department (ED) admissions, and medical device cyber-security);
Surgical Care Management (CAUTI, vascular catheter infections, HAP/ VAP, venous thromboembolism, surgical site infections (SSI), sepsis, air embolism, foreign object post-surgery, off-label drug/ device usage); and
Environment and Workforce Management (burns/ thermal injuries, anesthesia safety, electrocution, healthcare worker (HCW) immunization, occupational physical safety hazards, and psychological health of HCW).

Research Benefits

Estimated mortality rate
Number of incidences in 2016, by region
Cost impact of each adverse event in 2016, by country
Estimated growth of cost impact till 2022, by country
Segment-wise average cost per adverse event, by country
Current and future assessment of each adverse event in terms of current degree of control on the issue and expected future stakeholder focus on combating the issue, by region
Estimation of market potential of each adverse event in terms of competitive intensity, effectiveness and expected future adoption potential of current vendor solutions, new innovative solutions addressing each issue and disruptive potential of the patient safety event

Key Topics Covered:

1. Executive Summary

Key Findings-Patient Safety Adverse Events and their Impact
Key Findings-Segmental Analysis
Key Findings-Competitive Environment
Key Questions This Study Will Answer
Scope and Segmentation
6 Biggest Patient Safety Adverse Events in Healthcare

2. Patient Safety in Healthcare-Overview

Patient Safety-Key Concepts and Definitions
Patient Safety-Introduction
Patient Safety Adverse Events Across the Care Continuum

3. The Business Case for Patient Safety in Healthcare

Patient Safety-What's the Big Deal?
Patient Safety-An Expensive, but Preventable Epidemic
Patient Safety-Classification of Costs of Adverse Events
Patient Safety Adverse Events-Cost and Epidemiological Impact on Healthcare Systems
Patient Safety Adverse Events-Cost and Epidemiological Impact, Forecast by Country
Patient Safety Adverse Event Impact on Healthcare Systems-Discussion
Strong Case for Improving Patient Safety

4. Patient Safety-Dynamics Catalyzing Growth

Preventable Errors in Care Provision Aggravate Adverse Events
Forces Driving the Market for Patient Safety
Market Drivers
Market Restraints
Impact Mapping of Drivers and Restraints for Patient Safety Market

5. Patient Safety-A Top Regulatory Priority

Major Patient Safety Regulations and Initiatives-US
Patient Safety Regulation and Initiatives-US: Recent Updates
Major Patient Safety Initiatives-Europe

6. Patient Care Management Segment

Patient Care Management Segment-Description and Future Focus
Patient Care Management-Impact on Healthcare Systems by Country
Patient Care Management-Average Additional Costs Per Patient Safety Adverse Event
Patient Care Management-Stakeholder Focus and Degree of Control: US
Patient Care Management-Stakeholder Focus and Degree of Control: Europe
Patient Care Management Segment-Future Market Potential
Patient Care Management Segment-Discussion

7. Health IT Management Segment

Health IT Management Segment-Description and Future Focus
Health IT Management-Impact on Healthcare Systems by Country
Health IT Management-Average Additional Costs Per Patient Safety Adverse Event
Health IT Management-Stakeholder Focus and Degree of Control: US
Health IT Management-Stakeholder Focus and Degree of Control: Europe
Health IT Management Segment-Future Market Potential
Health IT Management Segment-Discussion

8. Surgical Care Management Segment

Surgical Care Management Segment-Description and Future Focus
Surgical Care Management-Impact on Healthcare Systems by Country
Surgical Care Management-Average Additional Costs Per Patient Safety Adverse Event
Surgical Care Management-Stakeholder Focus and Degree of Control: US
Surgical Care Management-Stakeholder Focus and Degree of Control: Europe
Surgical Care Management Segment-Future Market Potential
Surgical Care Management Segment-Discussion

9. Environment and Workforce Management Segment

Environment and Workforce Management Segment-Description and Future Focus
Environment and Workforce Management-Impact on Healthcare Systems by Country
Environment and Workforce Management-Average Additional Costs Per Patient Safety Adverse Event
Environment and Workforce Management-Stakeholder Focus and Degree of Control: US
Environment and Workforce Management-Stakeholder Focus and Degree of Control: Europe
Environment and Workforce Management Segment-Future Market Potential
Environment and Workforce Management Segment-Discussion

10. Patient Safety-Competitive Environment

Patient Safety-Emerging as a Strong Value Proposition
Patient Safety-A Key Component of Risk and Quality Management Strategies
6 Big Themes for Patient Safety Competitive Environment in Healthcare

11. Patient Care Management Segment-Competitive Landscape

Patient Care Management Segment-Key Vendor Solutions
Patient Care Management Segment-Vendor Landscape
Patient Care Management-Notable Solutions and Case Examples
Patient Care Management Segment-Market Opportunities

12. Health IT Management Segment-Competitive Landscape

Health IT Management Segment-Key Vendor Solutions
Health IT Management Segment-Vendor Landscape
Next-gen Wearables for Enhanced Safety, Care Coordination, Reduced Costs
Big Data Analytics and Patient Safety Risks Mitigation
Health IT Management Segment-Market Opportunities

13. Surgical Care Management Segment-Competitive Landscape

Surgical Care Management Segment-Key Vendor Solutions
Surgical Care Management Segment-Vendor Landscape
Surgical Care Management-Notable Solutions and Case Examples
Surgical Care Management Segment-Market Opportunities

14. Environment and Workforce Management Segment-Competitive Landscape

Environment and Workforce Management Segment-Key Vendor Solutions
Environment and Workforce Management Segment-Vendor Landscape
Environment and Workforce Management Segment-Market Opportunities

15. Patient Safety-Growth Opportunities and Strategies for Success

Patient Safety in Healthcare-5 Major Growth Opportunities
Patient Safety in Healthcare-Implementation Challenges and Strategies for Future Success

16. The Last Word

The Last Word-3 Big Predictions

17. Appendix

Companies Mentioned

3M
Becton Dickinson Philips
GE Healthcare
Medtronic

For more information about this report visit https://www.researchandmarkets.com/research/xpb8vv/patient_safety_in?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets