The North America Healthcare Compliance Software Market would witness market growth of 9.4% CAGR during the forecast period (2022-2028).
Hospitals and healthcare facilities of various sizes and types can flexibly employ healthcare compliance software. The key features of this program assist healthcare businesses, including document management, an anonymous helpline, online document distribution & attestation, and others. There has been quick uptake of this software due to its many advantages, including enhanced collaboration and communication between healthcare providers and those handling the information. Due to these, the market is expected to develop throughout the forecast period.
This market is driven by the growing desire to lower healthcare costs, the rise in medical errors and hospital-acquired infections, and the expansion of government initiatives to improve patient safety and outcomes. Protected health information (PHI) is constantly being merged with technology in patient portals, mobile clinics, wearable heart monitors, and virtual doctor visits, leading to HIPAA and privacy-related difficulties. In addition, because of the increasing need for compliance solutions in the healthcare industry, businesses are introducing cutting-edge goods to meet the need.
The growing knowledge and use of advanced technologies such as mHealth and telemedicine by the Canadian public are anticipated to enhance digital health platform development. In addition, numerous businesses are adopting a digital strategy to provide Canadian patients with solutions that are accessible, of high quality, effective, and cost-effective. Increasing instances of obesity, higher incidence of diseases like diabetes and CVDs, rising demand for remote health monitoring services, and higher patient engagement and connectivity due to widespread acceptance of advanced health technology are the primary factors driving market growth in this region.
The US market dominated the North America Healthcare Compliance Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,521.2 Million by 2028. The Canada market is poised to grow at a CAGR of 11.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 11% during (2022 - 2028).
Based on End-use, the market is segmented into Hospitals, Specialty Clinics and Others. Based on Product Type, the market is segmented into Cloud and On-premise. Based on Category, the market is segmented into Policy & Procedure Management, Medical Billing & Coding, License, Certificate, & Contract Tracking, Training Management & Tracking, Auditing Tools, Incident Management and Accreditation Management. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Healthcare Compliance Software Market is Projected to reach USD 5 Billion by 2028, at a CAGR of 10.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include RLDatix, HealthStream, Inc., Atlantic.Net, Inc., Healthicity, LLC (SixSails), ConvergePoint, Inc., Beacon Healthcare Systems, Inc., Complinity Technologies Pvt. Ltd., Sprinto Technology Private Limited, Panacea Healthcare Solutions, Inc. (Besler & Co., Inc.), and Smartgate Solutions Ltd. (Radar Healthcare)
Scope of the Study
Market Segments Covered in the Report:
By End-use
- Hospitals
- Specialty Clinics
- Others
By Product Type
By Category
- Policy & Procedure Management
- Medical Billing & Coding
- License, Certificate, & Contract Tracking
- Training Management & Tracking
- Auditing Tools
- Incident Management
- Accreditation Management
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- RLDatix
- HealthStream, Inc.
- Atlantic.Net, Inc.
- Healthicity, LLC (SixSails)
- ConvergePoint, Inc.
- Beacon Healthcare Systems, Inc.
- Complinity Technologies Pvt. Ltd.
- Sprinto Technology Private Limited
- Panacea Healthcare Solutions, Inc. (Besler & Co., Inc.)
- Smartgate Solutions Ltd. (Radar Healthcare)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Healthcare Compliance Software Market, by End-use
1.4.2 North America Healthcare Compliance Software Market, by Product Type
1.4.3 North America Healthcare Compliance Software Market, by Category
1.4.4 North America Healthcare Compliance Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Healthcare Compliance Software Market
Chapter 4. North America Healthcare Compliance Software Market by End-use
4.1 North America Hospitals Market by Country
4.2 North America Specialty Clinics Market by Country
4.3 North America Others Market by Country
Chapter 5. North America Healthcare Compliance Software Market by Product Type
5.1 North America Cloud Market by Country
5.2 North America On-premise Market by Country
Chapter 6. North America Healthcare Compliance Software Market by Category
6.1 North America Policy & Procedure Management Market by Country
6.2 North America Medical Billing & Coding Market by Country
6.3 North America License, Certificate, & Contract Tracking Market by Country
6.4 North America Training Management & Tracking Market by Country
6.5 North America Auditing Tools Market by Country
6.6 North America Incident Management Market by Country
6.7 North America Accreditation Management Market by Country
Chapter 7. North America Healthcare Compliance Software Market by Country
7.1 US Healthcare Compliance Software Market
7.1.1 US Healthcare Compliance Software Market by End-use
7.1.2 US Healthcare Compliance Software Market by Product Type
7.1.3 US Healthcare Compliance Software Market by Category
7.2 Canada Healthcare Compliance Software Market
7.2.1 Canada Healthcare Compliance Software Market by End-use
7.2.2 Canada Healthcare Compliance Software Market by Product Type
7.2.3 Canada Healthcare Compliance Software Market by Category
7.3 Mexico Healthcare Compliance Software Market
7.3.1 Mexico Healthcare Compliance Software Market by End-use
7.3.2 Mexico Healthcare Compliance Software Market by Product Type
7.3.3 Mexico Healthcare Compliance Software Market by Category
7.4 Rest of North America Healthcare Compliance Software Market
7.4.1 Rest of North America Healthcare Compliance Software Market by End-use
7.4.2 Rest of North America Healthcare Compliance Software Market by Product Type
7.4.3 Rest of North America Healthcare Compliance Software Market by Category
Chapter 8. Company Profiles
8.1 HealthStream, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.2 RLDatix
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Product Launches and Product Expansions:
8.2.2.3 Acquisition and Mergers:
8.3 Healthicity, LLC (SixSails)
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Partnerships, Collaborations, and Agreements:
8.4 Smartgate Solutions Ltd. (Radar Healthcare)
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.5 Panacea Healthcare Solutions, Inc. (Besler & Co., Inc.)
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Acquisition and Mergers:
8.6 Complinity Technologies Pvt. Ltd.
8.6.1 Company Overview
8.7 Sprinto Technology Private Limited
8.7.1 Company Overview
8.8 Beacon Healthcare Systems, Inc.
8.8.1 Company Overview
8.9 ConvergePoint, Inc.
8.9.1 Company Overview
8.10. Atlantic.Net, Inc.
8.10.1 Company Overview
TABLE 1 North America Healthcare Compliance Software Market, 2018 - 2021, USD Million
TABLE 2 North America Healthcare Compliance Software Market, 2022 - 2028, USD Million
TABLE 3 North America Healthcare Compliance Software Market by End-use, 2018 - 2021, USD Million
TABLE 4 North America Healthcare Compliance Software Market by End-use, 2022 - 2028, USD Million
TABLE 5 North America Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Specialty Clinics Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Specialty Clinics Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Healthcare Compliance Software Market by Product Type, 2018 - 2021, USD Million
TABLE 12 North America Healthcare Compliance Software Market by Product Type, 2022 - 2028, USD Million
TABLE 13 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 15 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 16 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Healthcare Compliance Software Market by Category, 2018 - 2021, USD Million
TABLE 18 North America Healthcare Compliance Software Market by Category, 2022 - 2028, USD Million
TABLE 19 North America Policy & Procedure Management Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Policy & Procedure Management Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Medical Billing & Coding Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Medical Billing & Coding Market by Country, 2022 - 2028, USD Million
TABLE 23 North America License, Certificate, & Contract Tracking Market by Country, 2018 - 2021, USD Million
TABLE 24 North America License, Certificate, & Contract Tracking Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Training Management & Tracking Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Training Management & Tracking Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Auditing Tools Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Auditing Tools Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Incident Management Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Incident Management Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Accreditation Management Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Accreditation Management Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Healthcare Compliance Software Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Healthcare Compliance Software Market by Country, 2022 - 2028, USD Million
TABLE 35 US Healthcare Compliance Software Market, 2018 - 2021, USD Million
TABLE 36 US Healthcare Compliance Software Market, 2022 - 2028, USD Million
TABLE 37 US Healthcare Compliance Software Market by End-use, 2018 - 2021, USD Million
TABLE 38 US Healthcare Compliance Software Market by End-use, 2022 - 2028, USD Million
TABLE 39 US Healthcare Compliance Software Market by Product Type, 2018 - 2021, USD Million
TABLE 40 US Healthcare Compliance Software Market by Product Type, 2022 - 2028, USD Million
TABLE 41 US Healthcare Compliance Software Market by Category, 2018 - 2021, USD Million
TABLE 42 US Healthcare Compliance Software Market by Category, 2022 - 2028, USD Million
TABLE 43 Canada Healthcare Compliance Software Market, 2018 - 2021, USD Million
TABLE 44 Canada Healthcare Compliance Software Market, 2022 - 2028, USD Million
TABLE 45 Canada Healthcare Compliance Software Market by End-use, 2018 - 2021, USD Million
TABLE 46 Canada Healthcare Compliance Software Market by End-use, 2022 - 2028, USD Million
TABLE 47 Canada Healthcare Compliance Software Market by Product Type, 2018 - 2021, USD Million
TABLE 48 Canada Healthcare Compliance Software Market by Product Type, 2022 - 2028, USD Million
TABLE 49 Canada Healthcare Compliance Software Market by Category, 2018 - 2021, USD Million
TABLE 50 Canada Healthcare Compliance Software Market by Category, 2022 - 2028, USD Million
TABLE 51 Mexico Healthcare Compliance Software Market, 2018 - 2021, USD Million
TABLE 52 Mexico Healthcare Compliance Software Market, 2022 - 2028, USD Million
TABLE 53 Mexico Healthcare Compliance Software Market by End-use, 2018 - 2021, USD Million
TABLE 54 Mexico Healthcare Compliance Software Market by End-use, 2022 - 2028, USD Million
TABLE 55 Mexico Healthcare Compliance Software Market by Product Type, 2018 - 2021, USD Million
TABLE 56 Mexico Healthcare Compliance Software Market by Product Type, 2022 - 2028, USD Million
TABLE 57 Mexico Healthcare Compliance Software Market by Category, 2018 - 2021, USD Million
TABLE 58 Mexico Healthcare Compliance Software Market by Category, 2022 - 2028, USD Million
TABLE 59 Rest of North America Healthcare Compliance Software Market, 2018 - 2021, USD Million
TABLE 60 Rest of North America Healthcare Compliance Software Market, 2022 - 2028, USD Million
TABLE 61 Rest of North America Healthcare Compliance Software Market by End-use, 2018 - 2021, USD Million
TABLE 62 Rest of North America Healthcare Compliance Software Market by End-use, 2022 - 2028, USD Million
TABLE 63 Rest of North America Healthcare Compliance Software Market by Product Type, 2018 - 2021, USD Million
TABLE 64 Rest of North America Healthcare Compliance Software Market by Product Type, 2022 - 2028, USD Million
TABLE 65 Rest of North America Healthcare Compliance Software Market by Category, 2018 - 2021, USD Million
TABLE 66 Rest of North America Healthcare Compliance Software Market by Category, 2022 - 2028, USD Million
TABLE 67 Key Information – Healthstream, Inc.
TABLE 68 Key Information – RLDatix
TABLE 69 Key Information – Healthicity, LLC
TABLE 70 Key Information – Smartgate Solutions Ltd. (Radar Healthcare)
TABLE 71 Key Information – Panacea Healthcare Solutions, Inc.
TABLE 72 Key Information – Complinity Technologies Pvt. Ltd.
TABLE 73 Key Information – Sprinto Technology Private Limited
TABLE 74 Key Information – Beacon Healthcare Systems, Inc.
TABLE 75 Key Information – ConvergePoint, Inc.
TABLE 76 Key Information – Atlantic.Net, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: RLDatix