Patient Registry Software Market Size, Future Growth, Segments Forecast 2021-2027

Precision Business Insights published a research report on “Patient Registry Software Market: By Software Type (Stand-alone Software and Integrated Software), By Pricing Model (Subscription Model and Ownership Model), By Functionality (Patient Care Management, Point-of-Care, Product Outcome Evaluation, Population Health Management (PHM), Health Information Exchange, Medical Research and Clinical Studies), By Deployment Model (On-premise Model, Cloud-based Model) By Registry Type (Health Service Registries, Disease Registries, Product Registries) By End User (Hospitals, Research Centers, and Others), and Geography - Global/Region/Country Forecast to 2027”.

Patient registry software has a database development toolbox that enables users to establish administration and registries databases without the requirement for database design experience or computers programming skills. This patient registry software is scalable, adaptable, and flexible, allowing the user to create databases based on their data collection requirements. Patient registry software has cloud-based access permission as well as an offline method that allows a user to model a software database that can be installed on multiple personalised computers for offline entering data, making it an ideal for data collection in areas where internet connectivity is uncertain and poor.

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Over the forecast timeframe, the increasing incidence of cancer and other chronic diseases is supposed to move the global Patient Registry Software Market forward. As per the American Cancer Society, there will be 1,756,450 new cancer cases diagnosed and 606,880 cancer deaths in the US year 2019. Furthermore, PRS provides various benefits, including patient tracking, documentation of disease history, features, management, and results both with and without therapy, active surveillance system for the occurrence of unanticipated or hazardous events, and efficient clinical population management. These benefits are projected to increase demand for PRS, assisting in the market's development. Additionally, the adoption of electronic health records (EHRs) as well as other HCIT solutions is increasing globally, which is a positive sign for the Patient Registry Software Market. This is due to the fact that many EHR packages integrate or offer patient registry software as an add-on. Officials in a number of nations are working on increasing the implementation of EHR solutions in their healthcare systems to enhance service delivery.

Based on Product, the market for patient registry software is categorized into Disease Registry, Health Service Registry, and Product Registry. Based on Software Type, the market is divided into Standalone, and Integrated. Based on Deployment Model, the market is segmented as On-premise, and Web/Cloud-based. Based on Database Type, the market is classified as Commercial, and Public. Based on Functionality, the market is categorized as Population Health Management, Health Information Exchange, Patient Care Management, Point-Of-Care, Medical Research & Clinical Studies, and Product Outcome Evaluation. Based on Database Type, the market is divided as Government & third party, Private payers, Pharma & medical device companies, Hospitals & medical practices, and Research organization.

In terms of revenue share, North America dominated the overall market for patient registry software in 2019. The market in this region is growing due to an increasing target population, rising illness prevalence, and the necessity for population-based registries. Furthermore, rising government schemes have positioned this area as a significant contributor to the patient registry software industry. Companies are continually attempting to build improved customer software in order to make patient registry software more user-interactive as well as clinical research-friendly. For example, in August 2019, IQVIA announced a new web-based solution for clinical trial information enrolment.

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Some of the major key players in the Patient Registry Software Market are Liaison Technologies. (US) ImageTrend, Inc. (US) FIGmd, Inc. (US) McKesson Corporation (US) Dacima Software Inc. (US) Global Vision Technologies, Inc. (US) ifa systems AG, (Germany) INC RESEARCH HOLDINGS, INC. (US) M2S (A Medstreaming Company) (US) Optum, Inc. (A part of UnitedHealth Group Incorporated) (US) EVADO Pty. Ltd. (Australia) Velos, Inc. (US) Phytel, Inc. (US)

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