Patient Safety and Risk Software Market

The global patient safety and risk software market is projected to reach USD 2.99 billion by 2030 from USD 1.75 billion in 2025, at a high CAGR of 11.3% during the forecast period. Patient safety and risk software in healthcare encompasses systematic approaches to identifying, assessing, and mitigating potential harms to patients during medical care, such as medication errors, surgical complications, hospital-acquired infections, and diagnostic inaccuracies, while fostering a culture of continuous improvement and accountability among providers. This market is driven by the alarming prevalence of preventable adverse events, estimated to cause hundreds of thousands of deaths annually worldwide. This requires enhanced protocols and technologies such as AI-driven analytics and integrated electronic health records to predict and prevent risks.

Prominent players in the market include Riskonnect, Inc.(US), Origami Risk LLC (US), RLDatix (US), Health Catalyst, Inc. (US), symplr (US), Clarity Group, Inc. (US), Performance Health Partners (US), MorCare, LLC (US), RiskQual Technologies, Inc. (US), Prista Corporation (US), IQVIA Inc. (US), Inovalon (US), NAVEX Global, Inc. (US), Censinet (US), American Data Network (US), Arventa Pty Ltd (Australia), ComplianceQuest (US), Radar Healthcare Inc (UK), Pascal Metrics Inc. (US), and SafeQual Health (US).

To know about the assumptions considered for the study download the pdf brochure

In October 2024, RLDatix (US) expanded its partnership with USA Health, providing its comprehensive safety platform to offer a 360-degree view of provider performance, advance a culture of safety, and reduce practice variability across the system. In February 2025, Performance Health Partners (US) entered a strategic partnership with Commonwealth Purchasing Group (US) to provide its patient safety, risk, and compliance platform to CPG’s 750+ member organizations, helping streamline safety reporting and regulatory compliance.

Riskonnect, Inc. is a global provider of integrated risk management (IRM) and patient safety solutions, offering cloud-based platforms that help organizations proactively identify, manage, and mitigate risks across clinical, operational, and enterprise domains. The company focuses on transforming how healthcare providers, payers, and enterprises manage patient safety and compliance by delivering end-to-end visibility, automation, and analytics. Through its healthcare-focused risk management division, Riskonnect provides advanced patient safety and incident reporting tools that enable hospitals, integrated delivery networks, and healthcare systems to capture adverse events, conduct root cause analysis, manage claims, and streamline compliance workflows.

Origami Risk LLC provides cloud-based risk, safety, compliance, and insurance management solutions. The company delivers a highly configurable software-as-a-service (SaaS) platform that streamlines workflows, improves data accuracy, and supports enterprise-wide risk management. The platform includes modules for incident reporting, claims administration, policy management, underwriting, employee health and safety, governance, risk and compliance (GRC), and exposure tracking. It integrates seamlessly with external systems such as HR, ERP, and EHS platforms, enabling organizations to unify processes across the value chain.

RLDatix is a global provider of governance, risk, compliance (GRC), and workforce management solutions tailored to the healthcare sector. Its portfolio integrates patient safety, risk management, compliance, credentialing, and workforce scheduling into a unified ecosystem, helping healthcare organizations build safer, more resilient operations. The company’s platforms enable incident reporting, root cause analysis, policy management, accreditation readiness, and staffing optimization, ensuring regulatory compliance while improving clinical and operational outcomes.

MARKET RANKING

The patient safety and risk software market is highly competitive, with five main players collectively holding 35-40% of the total market share. RLDatix has established a strong presence through the RLD360 Platform, including provider management & satisfaction, standards & regulatory compliance, patient experience & growth, safety, and risk management. Health Catalyst, Inc. continues to expand its patient safety capabilities for event detection, proactive risk management, and clinical quality improvement. symplr provides symplr safety, quality & safety management, incident management software, clinical & quality management, and patient safety bundle. Riskonnect, Inc. is a key contributor with its incident reporting & management, claims & legal case management, healthcare risk software, and patient safety management. Origami Risk LLC offers patient safety & quality, claims management & administration, provider performance, employee health & safety, and a unified platform for risk & safety.

Related Reports:

Patient Safety and Risk Software Market by Function (Incident Reporting, Compliance (Monitoring, Analytics, GRC), Clinical Safety (Infection Control), Claims Management), End User (Hospital, ASC, LTC, Payers), Deployment, and Region - Global Forecasts to 2030

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : 1-888-600-6441
sales@marketsandmarkets.com