Patient Registry Software Market by Type of Database (Product Registries, Health Service Registries, Disease Registries), By Product (Standalone Software, Integrated Software), By Pricing Model (Subscription Models, Ownership Models), By Deployment Model (On-premise Models, Cloud-based Models), Based On Functionality (Population Health Management (PHM), Patient Care Management, Health Information Exchange (HIE), Point of Care, Product Outcome Evaluation, Medical Research & Clinical Studies), By End User (Government Organizations & Third-party Administrators, Hospitals & Medical Practices, Private Payers. Pharmaceutical, Biotechnology, and Medical Device Companies, Research Centers), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and America – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 – 2030
Report Code : BII924 Jan-2022 Healthcare Format : PDF Pages : 205
Patient Registry Software Market Overview
The Global Patient Registry Software Market is majorly driven by increased demand to enhance the quality care and reduce healthcare costs along with the rising use of patient registry data for post-marketing surveillance across the globe. Moreover, the rising government initiatives to build patient registries worldwide and the increased adoption of EHRs and other eHealth solutions are projected to enhance the market growth over the forecast period.
Moreover, the growing number of care organizations across the world coupled with the increased adoption rate of subscription model are some of the key opportunities in the patient registry software which are estimated to drive the market demand in the near future. The emergence of cloud-based patient registry solutions and increased demand from emerging economies are projected to drive the market growth. However, lack of awareness as well as privacy and data security related concerns are presumed to hinder the market growth.
Market Size
According to Business Intelligence Insights "'Patient Registry Software Market is expected to grow from USD 1,329.50 million in 2021 to USD 4,010.7 million by 2027, at a CAGR of 14.80% during the forecast period 2021-2030
Covid -19 Impact Analysis
The onset of the COVID-19 pandemic has boosted demand for patient registries, which aid researchers in determining disease prognosis and physicians in determining the best treatment for COVID-19 patients. Patient registries also aid in the collection of real-world data of therapeutic interactions and offer the possibility of studying the clinical success of treatments for various patient populations. Patients with established health conditions, such as cardiovascular disease and cancer, are more likely to experience severe COVID-19 symptoms, according to multiple research. Patient registries contain essential information about patient characteristics, treatment patterns, and clinical outcomes in patients who are admitted to hospitals with predefined diseases.
Market Dynamics
• Drivers
o Rising adoption of EHRs and other E-Health solutions
o Growing pressure to improve quality of care and reduce healthcare costs
o Increased use of patient registry data for post-marketing surveillance
• Restraints
o Data privacy and security concerns
o Lack of awareness
Segmentation Insights
By Type of Database
Disease registries dominated the market with more than 40% of the market share
Disease registries have a lot of uses in population health management. Because of the ageing population, the increased prevalence of chronic and rare diseases, and government ambitions to create disease-specific national patient registries, patient registration software is frequently used for disease registries. According to the World Health Organization (WHO), CVDs claimed the lives of millions of individuals worldwide. In 2021, cardiovascular disease registries accounted for the greatest percentage, owing to the high prevalence of cardiovascular illnesses and the use of registries to improve cardiovascular health.
By End User
Government Organizations & Third-party category dominated the market with more than 25% of the market share
The growing focus on minimizing healthcare burden, growing use of patient registry software to treat patients suffering from chronic diseases in government organisations are the major factors for the growth of the government organizations and third-party category. Moreover, the increasing initiatives towards providing value-based care and increased investment by governments worldwide the government & third-party administrators segment is expected to dominate other segments in terms of revenue growth over the forecast period.
By Type of Database
• Product Registries
• Health Service Registries
• Disease Registries
Based on product
• Standalone Software
• Integrated Software
Based on Pricing Model
• Subscription Models
• Ownership Models
By Deployment Model
• On-premise Models
• Cloud-based Models
By Functionality
• Population Health Management (PHM)
• Patient Care Management
• Health Information Exchange (HIE)
• Point of Care Product
• Outcome Evaluation
• Medical Research & Clinical Studies
By End User
• Government Organizations & Third-party
• Administrators Hospitals & Medical Practices
• Private Payers Pharmaceutical,
• Biotechnology,
• Medical Device Companies Research Centers
By Region
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Rest of Asia Pacific
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East and Africa
o UAE
o South Africa
o Rest of Middle East and Africa (MEA)
Key Players
List of Key Players in the Patient Registry Software Market:
• Imagetrend, Inc.
• Figmd, Inc.
• Liaison Technologies
• Quintiles Transnational Holdings, Inc.
• Advertek Incorporated
• Dacima Software, Inc.
• Global Vision Technologies, Inc.
• IFA Systems
• AG Mckesson Corporation
• M2S, Inc.
Regional Insights
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North America dominated the global market with more than 40% of the market share
Because of factors such as increased government support for the development and implementation of patient registry software for population health management (PHM), point-of-care management, and health plan management, North America dominates the global patient registry software market and is expected to be the fastest growing region. Furthermore, Europe is the world's second-largest market. The creation of national patient registries in each country for centralised and worldwide patient registries is a primary driving element for this region. Another key element fueling the growth of the patient registry software market in Europe is the availability of funding to construct worldwide patient registers.
Table
Report Attributes |
Details |
|---|---|
| Market Size Value in 2021 | USD 1,329.50 million |
| Market Size Value in 2027 | USD 4,010.7 million |
| Growth Rate | +14.80% |
| Base Year | 2021 |
| Forecast Period | 2021-2030 |
| Historical Data | 2018-2020 |
| Forecast Units | (USD Million) |
| Countries Covered | North America: U.S and Canada Europe: Germany, France, Italy, U.K, Spain, Russia, Rest of Europe APAC: China, Japan, South Korea, India, Australia, South East Asia, Rest of Asia Pacific Latin America: Brazil, Mexico Middle East And Africa: Saudi Arab, South Africa, UAE |
| Segments Covered | By Type of Database, Based on product, Based on Pricing Model, By Deployment Model, By Functionality, By End User, By Region |
| Competitive landscape | Leading companies, Competitive strategies and Consumer engagement scope |
| Customization is available | If our report does not contain the information you require, you can contact our experts to have segments created for you. Please contact us at sales@businessintelligence-insights.com if you have any questions |