PUBLISHER: Allied Market Research | PRODUCT CODE: 1192990
PUBLISHER: Allied Market Research | PRODUCT CODE: 1192990
The global patient registry software market was valued at $993.28 million in 2021, and is projected to reach $2,508.27 million by 2031, registering a CAGR of 9.7% from 2022 to 2031.
Patient registries have been defined as an organized system that uses observational study methods to collect uniform data (clinical and other) to evaluate specified outcomes for a population defined by a particular disease, condition, or exposure, and that serves a predetermined scientific, clinical, or policy purpose. A patient registry is a collection for one or more purposes of standardized information about a group of patients who share a condition or experience. Research institutions, academic clinical institutions, or individual research teams establish a registry system for the purpose of observational data collection that can be used for a specific research agenda.
Growth of the patient registry software market is driven by increase in the usage of electronic health records (EHRs), increase in prevalence of chronic diseases, rise in government support for healthcare, surge in geriatric population and increase in potential benefits of patient registry in hospitals and research organizations. Furthermore, the increase in usage of the stored data for post-marketing surveillance and surge in government initiatives to build patient registries help increase the growth of the market. However, concerns related to the security and privacy of the data and dearth of skilled resources hinder the market growth. Conversely, increase in awareness regarding technologies is expected to create lucrative opportunities for the market.
The patient registry software market is segmented on the basis of registry type, software type, functionality, end user and region. On the basis of registry type, the market is divided into disease registry, health service registry and product registry. The disease registry segment is further segmented by type into cardiovascular registry, diabetes registry, cancer registry, rare disease registry and others. The product registry segment is further divided into medical device registry and drug registry. On the basis of software type, the market is classified into standalone and integrated. On the basis of functionality, the market is classified into population health management, health information exchange, patient care management, medical research and clinical studies and others. On the basis of end user, the market is classified into hospitals, government and third party organizations, pharma, biotech and medical device companies and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key market players operating in this market include Allscripts healthcare solutions, Inc., Conduent Inc., Dacima Software Inc., Elekta Solutions AB, ImageTrend, Inc., IQVIA Holdings Inc., McKesson Corporation, MRO Corp. (FIGmd, Inc.), Open Text Corporation, Ordinal data, Inc., Premier, Inc, UnitedHealth Group Inc. (Optum Inc.).
Key Benefits For Stakeholders
By Registry type
By Software type
By Functionality
By End User
By Region