Patient Registry Software Market - Gaining New Opportunities in APAC to Propell Growth

The global patient registry software market is intense owing to the presence of a large number of vendors. This fragmented competitive landscape is expected to remain so in the near future too, owing to low entry barrier for new entrants and product portfolio is the only aspect that differentiates between the vendors.

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Government regulations and other initiatives to build patient registries in order to enhance detection and help on a timely manner, rising pressure to device methods that improve the quality of care and reduce healthcare costs at the same time, rising adoption of EHRs, and growing usage of patient registry data for post-marketing surveillance are some of the key factors augmenting the demand in the global patient registry software market.

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On the other hand, data privacy remains the biggest hindrance that is obstructing the prosperity of patient registry software market, and the vendors will have to overcome it to attain wholesome profits.

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Nevertheless, rising number of accountable care organizations, high adoption rate of the subscription model, emergence of cloud-based patient registry solutions, and shifting focus towards patient-powered research networks (PPRNs) are expected to open new opportunities in this market

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