Healthcare PATIENT REGISTRY SOFTWARE MARKET IS PROJECTED TO GROW UP TO 12.2% CAGR DURING THE FORECAST...


PATIENT REGISTRY SOFTWARE MARKET IS PROJECTED TO GROW UP TO 12.2% CAGR DURING THE FORECASTING PERIOD 2021-2027.

A patient record, also known as an illness registry, maintains track of a patient's condition and care for a specific disease or disorder. Patient registries gather data to determine long-term outcomes, best practises, and treatment guidelines, as well as to help research and drug development. A growing number of patient foundations and pharmaceutical companies are creating patient registries to study the treatment of rare diseases and conditions such as haemophilia and other genetic diseases. The patient registry's goal is to serve as a resource for those interested in using and designing patient registries for clinical, health policy, and clinical purposes. It is a computerised database that contains information about a person's social, medical, and financial circumstances. These databases are held in hospitals and nursing homes to identify certain illnesses or medical conditions.

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Key Driving Factors: EHRs and other eHealth solutions are becoming more commonly used.

The adoption of electronic health records (EHRs) and other HCIT solutions is growing globally, which is a good sign for the patient registry software market. This is due to the fact that many EHR products provide or provide patient registry features as an add-on. Authorities in a number of countries are focused on increasing the use of EHR solutions in their healthcare systems in order to increase service quality.Improved patient care, increased patient engagement, and simple collection and storing of patient health information in a digital format are all benefits of the growing use of EHR in both developed and developing countries. The widespread adoption of electronic medical records is expected to increase demand for integrated patient registry software.

This report offers the major market player’s profiles, such as Dacima Software, Inc., Liaison Technologies, Inc., ImageTrend, Inc., INC Research Holdings, Inc., EVADO Pty. Ltd., FIGmd, Inc., Global Vision Technologies, Inc., CECity.com, Inc., Velos, Inc., Quintiles IMS Holdings, Inc., Phytel, Inc., McKesson Corporation, ifa systems AG, IQVIA, and Optum, Inc.. 

Opportunities: Emergence of cloud-based patient registry solutions 

Cloud-based patient registry applications have proven to be useful tools for enhancing data usability and real-time monitoring for end users. Furthermore, these technologies are easy to use, flexible, and adaptable to any industry or organisation. Cloud-based patient registry systems make it simple to offer insights from a multi-terabyte database to anybody, anywhere, at any time, on any network. Furthermore, these solutions do not necessitate any upfront hardware investment and allow for faster data transmission between organisations. Given these benefits, end users' preference for cloud-based patient registry solutions is expected to rise over the forecast period.

By End User:

Private payers, hospitals & medical practises, research laboratories, pharmaceutical, biotechnology, and medical device firms, and government agencies & TPAs are the end users of patient registry software. The segment of government agencies and third-party administrators (TPAs) accounted for the largest share of the global patient registry software market in 2019. The advent of the COVID-19 pandemic, as well as the need to analyse patient data for better population health management, account for a significant share of this section.

The Patient Registry Software Market report has been categorized as below

By Type of Registry

  • Disease Registries
  • Diabetes Registries
  • Cardiovascular Registries
  • Cancer Registries
  • Rare Disease Registries
  • Asthma Registries
  • Chronic Kidney Disease Registries
  • Orthopaedic Registries
  • Other Registries
  • Health Service Registries
  • Product Registries
  • Medical Device Registries
  • Drug Registries

By Type of Software

  • Standalone Software
  • Integrated Software

By Pricing Model

  • Subscription Model
  • Ownership Model

By Deployment Model

  • On-Premise Models
  • Cloud-Based Models

By Type of Database

  • Commercial Databases
  • Public Databases

By Functionality

  • Population Health Management (PHM)
  • Patient Care Management
  • Health Information Exchange
  • Point-Of-Care
  • Product Outcome Evaluation
  • Medical Research & Clinical Studies

By End Users

  • Government Organizations & Third-Party Administrators (TPAs)
  • Hospitals and Medical Practices
  • Private Payers
  • Pharmaceutical, Biotechnology, and Medical Device Companies
  • Research Centers

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

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Published Date : May-2021