Patient Registry Software Market: Market Segments: By Type of Registry (Disease Registries, Health Service Registries and Product Registries); By Software (Stand-alone and Integrated); By End User (Hospitals, Government Organizations and Third-Party Administrators (TPAs), Pharmaceutical, Biotechnology, Medical Device Companies and Other); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

Product Overview

Patient registry software (PRS) is a computerized database containing personal, medical, social and financial information that is recorded by or by healthcare professionals. Registries may provide researchers and health care providers with important epidemiological data for rare or chronic diseases, such as incidence and prevalence, signs and seriousness of the disease.

Market Highlights

Patient Registry Software Market is expected to project a notable CAGR of 14.7% in 2030.

Patient Registry Software Market to surpass USD 2.9 billion by 2030 from USD 968 Million in 2019 at a CAGR of 14.7% throughout the forecast period, i.e., 2020-30. An increased incidence of cancer and other chronic disorders is projected to propel the growth of the global market for patient registry software.

Patient Registry Software Market: Segments

Product Registries segment to grow with the highest CAGR of 4.1% during 2020-30

Patient Registry Software Market is segmented by type of registry as Disease Registries, Health Service Registries and Product Registries. Based on registry type, disease registry segment is the largest segment of the market for Patient Registry Software owing to the increasing demand to integrate the healthcare system and to curb the disease burden is driving the segment. In order to create new medications, these registries are also useful in screening patients for clinical trials.

Patient Registry Software Market: Market Dynamics

Drivers

Rising Adoption of Electronic Health Records

Aadoption of electronic health records (EHRs) and other HCIT solutions is growing globally, which is considered a positive sign for the software industry for patient registries. This is because for many EHR products, patient registry software functionality is included or is available as an add-on. Authorities in many countries are focused on increasing the implementation in their healthcare systems of EHR solutions to help increase the provision of healthcare services.

Restrain

Privacy and Data Security-related Concerns

Concerns about privacy abuses such as data theft, are associated with all types of medical information technology (IT). Also, due to data protection issues, widespread adoption of registry applications has been restrained. Intensifying security controls is an achievable task for suppliers delivering these services, but these security controls come at the expense of ease of operation, thus undermining the platform's performance.

Patient Registry Software Market: Key Players

• Dacima Software Inc

• Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.

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• FIGmd Inc.

• Global Vision Technologies Inc.

• Image Trend Inc.

• IQVIA

• Liasion Technologies

• McKensson Corporation

• Syneos Health

• Velos Inc

Patient Registry Software Market: Regions

Patient Registry Software Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

Patient Registry Software Market in North America held the largest market share of XX.X% in the year 2019 and is anticipated to continue its dominance over the forecast period. The growth of the market in this region is driven by an increasing target population coupled with increasing disease prevalence and the need for population-based registries. In addition, growing government initiatives are making this region a major contributor to the patient registry software market. Companies are constantly trying to develop better user-interactive software in order to make patient registry software more user-friendly and interactive for clinical research. Over the forecast period, Asia Pacific is projected to show profitable growth. In the past few years, the adoption of electronic medical records has been increasing. The key factors driving the market in the area are growing pressure to curb medical errors, frequent hospital visits, increased diagnostic errors coupled with increasing co-morbidity incidences, and the ageing population. In addition, supportive government initiatives, particularly in Japan, China and South Korea, boost the growth of the patient registry software.

Patient Registry Software Market report also contains analysis on:

Patient Registry Software Market Segments:

By Type of Registry:

• Disease Registries

• Health Service Registries

• Product Registries

By Software:

• Stand-alone Software

• Integrated Software

By End User:

• Government Organizations & Third-Party Administrators (TPAs)

• Hospitals and Medical Practices

• Private Payers

• Pharmaceutical, Biotechnology, and Medical Device Companies

• Research Centers

• Patient Registry Software Market Dynamics

• Patient Registry Software Market Size

• Supply & Demand

• Current Trends/Issues/Challenges

• Competition & Companies Involved in the Market

• Value Chain of the Market

• Market Drivers and Restraints

FAQs on Patient Registry Software Market

· Which segment is anticipated to hold the largest market share

· At what CAGR is the market anticipated to grow between 2020 and 2030

· Who are the key players in the Patient Registry Software Market

· What could be the challenging factors in the growth of Patient Registry Software Market

· What are the growth drivers for the Patient Registry Software Market