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Patient Registry Software Market Report Scope & Overview:

The Patient Registry Software Market Size was evaluated at USD 1.72 billion in 2022, and is predicted to increase at a CAGR of 11.9% from 2023 to 2030, to reach USD 4.23 billion by 2030.

Patient registry software has a database development toolbox that allows users to establish administrative and registries databases without the requirement for database design experience or computer programming skills. This patient registration software is scalable, adjustable, and flexible, help the consumer to create databases based on data gathering requirements. Patient registry software has cloud-based access to the database, as well as an offline framework that allows the user to design an application-based database that can be placed on multiple personalized computers for offline entering data, making it ideal for data collection in areas where internet connectivity is unreliable and poor.

Patient Registry Software Market Revenue Analysis

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MARKET DYNAMICS:

DRIVERS

  • Initiatives by the government to establish patient registries

  • Increasing demand to enhance treatment quality and cut healthcare costs

  • EHRs and other eHealth advancements are turning out to be all the more broadly utilized.

  • As a result of the global COVID-19 outbreak, the number of patients is increasing.

  • Patient registry data is increasingly being used for post-marketing surveillance.

RESTRAINTS

  • Worries about protection and security of information

  • There is a scarcity of skilled and trained personnel

OPPORTUNITIES

  • The number of organisations that are held accountable for their actions is increasing.

  • Patient registration systems in the cloud are becoming more popular.

  • The subscription model is widely used.

CHALLENGES

  • Integrity and interoperability are lacking.

  • Unwillingness to implement advanced solutions

  • Insufficient knowledge

IMPACT OF COVID-19

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 projects. Patient registries contain useful information about patient characteristics, treatment patterns, and clinical outcomes in patients who are admitted to hospitals with predefined diseases. Many government agencies have established patient registries in order to better assess the impact of COVID-19 on patients who have previously been diagnosed with various diseases. As a result, the number of patient registries for cardiovascular illnesses and cancer that have been established expressly to study the effects of COVID-19 on these patients has increased.

By Type of Registry:

The patient registration software industry is broken down into three categories: health service, disease, and product registry. The disease registry is divided into rare disease, cardiovascular, cancer, diabetes, asthma, and other categories. In 2021, the market for patient registry software was dominated by the disease registry segment. The segment is being driven by the growing need to integrate the healthcare system and reduce disease burdens. These registries are also useful for keeping track of patients in clinical trials for the development of new medications.

By Functionality

In 2021, the industry for patient registry software was dominated by population health management. A move from a Fee-for-Service (FFS) to a Value-based Payment (VBP) model has resulted from increased demand for solutions supporting value-based care delivery by stakeholders. PHM aids in the standardization of physician approaches, the improvement of clinical results, and the reduction of disease management costs, all of which contribute to the segment's continued growth.

By Deployment Model

Because of its data security, easy recovery, and ease of access, the on-premise sector had the highest revenue share in 2021. It also comes in handy for large data file transfers and system updates. These services are preferred because they provide comprehensive access to information and complete control within the premises. Due of the protection of their data and tailored service possibilities, pharmaceutical businesses and research institutions typically select on-premise solutions.

By End User

Government and third parties, hospitals and medical practices, private payers, pharma and medical device businesses, and research organisations make up the patient registry software industry. In 2019, the government and third-party segment generated the most revenue. Over the forecast period, the installation of this software by governments in both developed and developing nations to reduce illness burden is expected to fuel the growth of the patient registry software market.

Key Market Segmentation:

By Type of Registry

  • Disease Registries

  • Health Service Registries

  • Product Registries

By Functionality

By Deployment Model

  • Cloud

  • On-Premise

By End User

  • Government Organizations & Research Centers

  • Hospitals and Clinics

  • Others

Patient Registry Software Market Segmentation Analysis

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REGIONAL ANALYSIS

The Patient Registry Software Market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa, based on region. Patient registration software is expected to be dominated by the Americas. The development of digital infrastructure in healthcare, as well as well-established EHRs, can be contributed to this region's success.

Furthermore, many major market players are purchasing regional vendors in order to improve their market positions. As per the Office of the National Coordinator for Health Information Technology, over nine out of ten office-based physicians in the United States used non-certified EHR systems, with only around four out of five switching to certified systems. The use of electronic health records (EHRs) by office-based doctors has skyrocketed. Europe had a sizable part of the patient registry software market. This is due to an increase in government initiatives to develop patient registers. Asia-Pacific is supposed to be the world's quickest developing region. This is because of the public authority's various drives pointed toward diminishing the rising strain to improve the nature of care and lower medical services costs, which are supporting the extension of the patient vault programming market in the locale. Due to lack of access and healthcare affordability among the population, the Middle East and Africa patient registry software market is predicted to rise steadily over the review period. During the assessment period, increased awareness of patient registry software is likely to boost market growth.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS:

Some of the major key players are as follows: ArborMetrix, Dacima Software, IBM Corporation, FIGmd, IQVIA Holdings, Optum, Premier, Inc., McKesson Corporation, OpenText Corporation, Syneos Health, and other players.

Optum-Company Financial Analysis

Company Landscape Analysis

Patient Registry Software Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 1.72 Billion
Market Size by 2030 US$ 4.23 Billion
CAGR CAGR of 11.9% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type of Registry (Disease Registries, Health Service Registries, Product Registries)
• By Functionality (PHM, HIE, Patient Care Management, Others)
• By Deployment Model (Cloud, On-Premise)
• By End User (Government Organizations & Research Centers, Hospitals and Clinics, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles ArborMetrix, Dacima Software, IBM Corporation, FIGmd, IQVIA Holdings, Optum, Premier, Inc., McKesson Corporation, OpenText Corporation, Syneos Health, and other players.
DRIVERS • Initiatives by the government to establish patient registries
• Increasing demand to enhance treatment quality and cut healthcare costs
• EHRs and other eHealth advancements are turning out to be all the more broadly utilized.
RESTRAINTS • Worries about protection and security of information
• There is a scarcity of skilled and trained personnel.

Frequently Asked Questions

Ans: The Patient Registry Software Market size was valued at US$ 1.72 Bn in 2022.

Ans: The Patient Registry Software Market is to grow at a CAGR of 11.9% over the forecast period 2023-2030.

Key drivers of the Patient Registry Software Market is Initiatives by the government to establish patient registries, increasing demand to enhance treatment quality and cut healthcare costs.

Disease Registries, Health Service Registries, and Product Registries are the sub segments of Patient Registry Software.

Patient registration software is expected to be dominated by the Americas.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

  

8. Patient Registry Software Market Segmentation, By Type of Registry

8.1 Disease Registries

8.2 Health Service Registries

8.3 Product Registries

9. Patient Registry Software Market Segmentation, By Functionality

9.1 Population Health Management (PHM)

9.2 Health Information Exchange (HIE)

9.3 Patient Care Management

9.4 Others

10. Patient Registry Software Market Segmentation, By Deployment Model

10.1 Cloud

10.2 On-Premise

11. Patient Registry Software Market Segmentation, By End User

11.1 Government Organizations & Research Centers

11.2 Hospitals and Clinics

11.3 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13 Company Profiles

13.1 Wipro Limited

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Cotiviti, Inc

13.3 Conduent, Inc

13.4 DXC Technology

13.5 EXL Service Holdings, Inc.

13.6 HCL Technologies Limited

13.7 IBM

13.8 OSP Labs

13.9 Optum, Inc.

13.10 SAS Institute, Inc.

14 Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share Analysis

14.3 Recent Developments

15 Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Data Bank Validation

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