Patient Registry Software Market Overview
According to Market Research Future (MRFR0, the global patient registry software market is poised to witness remarkable growth at a CAGr of 11.7% over the forecast period of 2017 to 2023.
The factors influencing this massive growth of the global market for patient registry software are the increased usage of patient registry data. Additionally, the demand for reduced healthcare costs, growing adoption of electronic health records, and the rising government initiatives towards the growth of the healthcare sector are predicted to have a significant impact on the global patient registry market during the review period.
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Patient Registry Software Market Segmental Analysis
The global market for patient registry software has been segmented on the basis of the type of software, deployment model, type of registry, and end user.
Based on the type of software, the market is segmented into integrated and standalone. The integrated segment is projected to witness remarkable growth and acquire the largest market share over the assessment period
Based on the deployment model, the patient registry software market is segmented into the cloud-based and on-premise. The cloud-based model segment is expected to reach the highest market valuation over the forecast period.
Based on the type of registry, patient registry software market is segmented into product registries and disease registries.
Based on end user, patient registry software market is segmented into pharmaceutical and medical device companies, hospitals and medical centers, government and non-government agencies and others.
Patient Registry Software Market Regional Analysis
Based on region, the global patient registry software market is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA).
The Americas (North America and Latin America) account for the largest market share in the global market for patient registry software and are expected to retain the leading market standing over the evaluation period. This is attributable to the increased use of patient registry data for post-marketing surveillance, the established healthcare sector, medical infrastructure, and the presence of large-scale market players, and rising adoption of electronic health records North America, especially in the U.S. and Canada. Moreover, the growing number of registered hospitals, coupled with the increasing number of patient visits for diagnosis, and treatments are some of the critical factors that are likely to drive the market in this region.
Europe is the second largest region in the global patient registry software and is likely to uphold its market share over the forecast period. This is due to the established healthcare sector, technological advancements, rising number of the patient population, which has increased the demand for patient registry software for data management.
The Asia Pacific (APAC) region is an emerging market in the global patient registry software market, offering market players abundance of growth opportunities over the review period, in the region, especially in developing countries such as China, and India. Government initiatives to enhance the healthcare sector are also expected to contribute significantly to the market in this region.
The Middle East and Africa (MEA) region of the global patient registry software market is expected to account for the smallest market share, owing to the weak healthcare sector, poor economic growth, and lack of technological advancements.
Patient Registry Software Market Analyzed by Key players
The key players identified in the global patient registry software market are CECity.com Inc. (U.S.), Dacima Software Inc. (U.S.), FIGmd, Inc. (U.S.), Global Vision Technologies, Inc. (US), Ifa Systems AG, (Germany), ImageTrend, Inc. (US), Liaison Technologies. (U.S.), McKesson Corporation (U.S.), Phytel, Inc. (US), QUINTILES IMS HOLDINGS, INC. (US)
Industry News
June 2019 – American Heart Association (AHA) and emergency technology company RapidSOS announced a strategic partnership to build a health data registry for first responders such as cardiac arrest patients, or other emergencies.
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