Report Id: SNS/HC/1786 | June 2022 | Region: Global | 125 Pages
Patient Registry Software Market 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 2028, to reach USD 4.23 billion.
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.
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.
Worries about protection and security of information
There is a scarcity of skilled and trained personnel.
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.
Integrity and interoperability are lacking.
Unwillingness to implement advanced solutions
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.
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.
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.
By Type of Registry
Health Service Registries
Population Health Management (PHM)
Health Information Exchange (HIE)
Patient Care Management
By Deployment Model
By End User
Government Organizations & Research Centers
Hospitals and Clinics
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|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|
|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 (FAQ) :
Patient Registry Software Market Size was evaluated at USD 1.54 billion in 2021, and is predicted to increase at a CAGR of 11.9 percent from 2022 to 2028, to reach USD 7.08 billion.
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.
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 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
10. Patient Registry Software Market Segmentation, By Deployment Model
11. Patient Registry Software Market Segmentation, By End User
11.1 Government Organizations & Research Centers
11.2 Hospitals and Clinics
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13 Company Profiles
13.1 Wipro Limited
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
13.8 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
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