Patient Registry Software Market Size, Key Insights, Profiling Companies And Growth Strategies By 2027

The latest published report namely Global Patient Registry Software Market Size, Share, Growth, Industry Trends and Forecast to 2028 added by The Insight Partners offers an insightful take on the historical data of the market and predictions for 2022 to 2028 time-period. The report provides an understanding of the global Patient Registry Software industry competitors, the sales channel, growth potential, potentially disruptive trends, industry product innovations and the value/volume of size, market segments, and market share of the best actors/products. Current market trends and dynamics are assessed which helps in mapping the track of the global market. A chapter-wise format has been used to ease the readability and complexity of the data. Each chapter is further categorized into its respective segments containing well-structured data.

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The Segments and Sub-Section of This market are shown below:

By Software
Standalone
Integrated
By Database
Public
Commercial

By Type of Registry
Product Registry
Disease Registry
Cardiovascular Disease Registry
Others
Health Service Registry

By Mode of Delivery
On-Premises
Cloud-Based
By Pricing Model
Ownership
Subscription

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The scope of Patient Registry Software report:
1. Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis as well as segment information, including:
Region Segment:
North America: US, Canada, Mexico
APAC: China, India, Japan, South Korea, Australia, New Zealand, Southeast Asia (Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam)
Europe: Germany, France, UK, Italy, Spain, Poland, Netherlands, Belgium, Czech, Russia
South America: Brazil, Argentina, Chile, Peru
MEA: South Africa, GCC, Egypt, Turkey
2. For industry chain analysis, raw material and end users information is available.
3. Global key and local players' information including SWOT analysis, company's financial figures, Patient Registry Software data of each company are covered.
4. Powerful market analysis tools used in the report include: Porter's five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
5. Based year in this report is 2020; the historical data is from 2014 to 2019 and forecast year is from 2022 to 2028.
6. At last, research method and data source used in this report are shown.

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Key Highlights of Report:
- Provides market definition and overview by studying objectives like market scope and market size estimation.
- Provides research methods and logic based on historic data.
- Analysis market competition, market performance worldwide, manufactures basic information, Sales, Value, Price and Gross Margin.
- Analysis on segmentation of types, applications and regions based on historical Data and market forecasts.
Regional Market Analysis:

The Patient Registry Software Market report includes Global and Regional market status and outlook 2022-2027. Further, the report provides break down details about each region and countries covered in the report. Identifying its sales, sales volume and revenue forecast

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East and Africa

Global Patient Registry Software Market 2022-2028, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Patient Registry Software Market Trends

● Growing research activities coupled with new product launches.
Patient Registry Software Market Drivers

● High Opportunity in the Industry
Patient Registry Software Market Challenges

● Complications associated with Patient Registry Software procedures.

Points Covered in The Report:

● The points that are discussed within the report are the major Patient Registry Software market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors etc.
● The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report.
● The growth factors of the Patient Registry Software market are discussed in detail wherein the different end users of the market are explained in detail.
● Data and information by manufacturer, by region, by type, by application and etc., and custom research can be added according to specific requirements.
● The report contains the SWOT analysis of the Patient Registry Software Financing Services market. Finally, the report contains the conclusion

The patient registry software market was valued at US$ 930.06 million in 2019 and it is projected to reach US$ 2,426.58 million by 2027; it is expected to grow at a CAGR of 12.9% during 2020-2027.
The use of medical information from clinical registries is gradually increasing worldwide. Clinical registries capture broad-scope data by using a mixture of manual and automated methods. According to a survey by the American Medical Association, published in the Journal for Electronic Health Data and Methods in 2018, the Centers of Medicare and Medicaid used approximately 70% data of over 50 specialty clinical registries in the US for measuring the quality of clinical care through patient registries. Further, in 2016, the National Quality Registry Network (NQRN) ruled out a list of registries based on publicly available sources. These registries focus on aspects, such as quality improvement, population management benchmarking, comparative effective research, family medicine, lung cancer screening, interventional radiology, and metabolic and bariatric surgery. The availability of free license for patient registries increases their adoption in healthcare centers. The US boasts a few of the outstanding clinical registries that offer a competitive advantage to the country over other countries in North America, as well as over a few countries in the world. A few of these registries are the Cystic Fibrosis Foundation Patient Registry, American College of Cardiology's CathPCI Registry, and National Cancer Institute's Surveillance Epidemiology and End Results database.

Market Insights
In December 2020, the European Union (EU) awarded US$ 66 million to various digital health projects with an aim to fight against health crisis-such as COVID-19 outbreak-and to consolidate digital and Artificial Intelligence (AI) infrastructure in Europe. This financial assistance encourages digital health companies to develop and introduce advanced products in the patient registry software market. Further, in January 2021, MedTech Europe announced its plans to regulate utilization of digital health in Europe to improve the quality of healthcare and deal with health crises. Moreover, in 2017, the former president of the US (Barack Obama) introduced the Health Information Technology for Economic and Clinical Health Act of 2009. This legislation offered financial incentives to healthcare providers to incorporate IT solutions in various processes, whereas enforced financial penalties on those who did not. This initiative led to massive increase in adoption of electronic health records and patient registries for the evaluation of specified outcomes for patients who are suffering from a particular disease or condition. The healthcare ecosystems in the Middle East & Africa are also thriving due to the adoption of modern health infrastructure. In December 2020, the collaboration of the Ministry of Health and Prevention's Riayati and Pure Health announced its plan to launch National Unified Medical Record system in 2021. The new system would be connected to more than 3,000 private and public healthcare institutions in Dubai. It would enable experts to collect patient data for further data analysis. In addition, the UAE government stated that the new technology would offer an efficient solution for population health management along with world-class digital health infrastructure management for healthcare institutions. Therefore, the surging incorporation of digital tools in the healthcare structure is driving the patient registry software market.

Products: Software Insights
Based on software, the global patient registry software market is segmented into standalone and integrated. The integrated segment held the largest share of the market in 2019 and it is expected to register the highest CAGR in the market during the forecast period.

Pricing Model Insights
Based on pricing model, the global patient registry software market is segmented into subscription and ownership. The subscription segment held the largest share of the market in 2019, and it is expected to register the highest CAGR during 2020-2027. The subscription software is usually priced monthly or annually and it has a consistent, ongoing subscription. The subscription costs include general maintenance, upgrades, and infrastructures as well as backup expenses. Furthermore, the subscription models include security measures, protection of current data, and other provider application parameters. This model provides better entry-level pricing and has the ability to add features according to the requirement of the end users. Moreover, subscription software vendors continually offer new releases and application updates, most of which are available to all subscription users at no additional cost. The above-mentioned advantages offered by the subscription model are likely to augment the growth of the segment over the coming years.

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