Patient Registry Software Market is expected to have accounted for the market value of USD 930 million in 2017 and is projected to grow at a CAGR of 11.7% over the assessment period. The implementation of government initiatives to build patient registries, reduce healthcare costs and improve quality of care, increasing adoption of electronic health records, and increasing use of patient registry data for post-marketing surveillance boost the growth of the market during the forecast period.
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On the other hand, the data security-related concerns and lack of trained and skilled resources may hinder the market growth during the forecast period.
Some of the prominent players in the global patient registry software market are Dacima Software Inc. (US), Global Vision Technologies, Inc. (US), Phytel, Inc. (US), QUINTILES IMS HOLDINGS, INC. (US), Liaison Technologies (US), ImageTrend, Inc. (US), FIGmd, Inc. (US), McKesson Corporation (US), CECity.com Inc. (US), and ifa systems AG, (Germany).
The global patient registry software market has been segmented into type of software, deployment model, type of registry, and end user.
On the regional basis, the global patient registry software market in the Americas is segmented into two major regions, i.e., North America and South America. The North American region is likely to hold the major share in the global patient registry software market owing to the presence of well-established palyers and increasing adoption of electronic health records systems. Additionally, the Asia-Pacific region is anticipated to be the fastest growing region for the patient registry software market.
Geographically, the Americas is expected to dominate the global patient registry software market owing to the presence of well-established players, increasing use of patient registry data for post-marketing surveillance, and increasing adoption of electronic health records. Europe is expected to hold the second largest position in the global patient registry software market. Asia-Pacific is expected to be the fastest growing patient registry software market. Furthermore, the Middle East and Africa region is expected to account for the least market share in the global patient registry software market.
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