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Patient Registry Software Market worth $4.44 billion by 2030, growing at a CAGR of 15.89% - Exclusive Report by 360iResearch
Patient Registry Software Market | 360iResearch
The Global Patient Registry Software Market to grow from USD 1.58 billion in 2023 to USD 4.44 billion by 2030, at a CAGR of 15.89%.
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The patient registry software is a specialized database used extensively within the healthcare sector to gather, organize, and store patient data regarding different medical conditions, treatments, or specialties. The primary purpose of the patient registry software is to streamline patient management, monitor treatment outcomes, support clinical studies and research, and efficiently manage large volumes of patient data, facilitating improved patient care, enhancing research capabilities, and aiding in public health initiatives. The patient registry software supports healthcare providers in tracking the efficacy of treatments, identifying potential areas for intervention, and optimizing healthcare delivery for better patient outcomes. The primary drivers of the patient registry software market include the increasing prevalence of chronic diseases, the need for efficient disease management strategies, the rising emphasis on value-based care, and the rising adoption of digital health technologies. However, the sensitivity of patient data necessitates stringent data protection measures, which are challenging for healthcare providers to implement. The government initiatives promoting health information technology for electronic health records (EHR) integration and patient management are providing lucrative opportunities to expand the patient registry software market.
The patient registry software market is experiencing growth in the Americas, primarily driven by advanced technology, robust healthcare infrastructure, and favorable regulatory policies, with the U.S heavily investing in healthcare IT and focusing on R&D. The Americas region is experiencing an increased demand for cloud-based solutions and integrated registries to enhance patient outcomes and support research, driven by regulations encouraging electronic health records (EHRs) and software for disease monitoring and population health management. The patient registry software market in Asia-Pacific is witnessing expansion, driven by the increasing burden of chronic diseases, rising healthcare spending, and growing awareness of the benefits of patient registries, with China, India, and Japan making significant advances in health informatics and digital health. However, initiatives to improve healthcare infrastructure and digital health adoption are expected to boost the market growth in the Asia-Pacific region. The EMEA region presents a mixed scenario, with Europe having strict data protection laws ensuring high data security and privacy standards. The need for this software in Europe is focused on managing chronic diseases and healthcare planning, while the Middle East exhibits gradual growth through government efforts to upgrade healthcare systems and emphasize high-quality patient care. The patient registry software is increasingly being adopted in Africa due to rising healthcare investments and a focus on addressing chronic conditions.
Market Segmentation & Coverage:
This research report categorizes the Patient Registry Software Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Function, market is studied across Health Information Exchange, Medical Research & Clinical Studies, Patient Care Management, Point-of-Care, Population Health Management, and Product Outcome Evaluation. The Population Health Management commanded largest market share of 30.11% in 2023, followed by Health Information Exchange.
Based on Type, market is studied across Disease Registries, Health Service Registries, and Product Registries. The Disease Registries is further studied across Asthma Registries, Cancer Registries, Cardiovascular Registries, Chronic Kidney Disease Registries, Diabetes Registries, Orthopedic Registries, and Rare Disease Registries. The Product Registries is further studied across Drug Registries and Medical Device Registries. The Disease Registries commanded largest market share of 59.45% in 2023, followed by Health Service Registries.
Based on Database Type, market is studied across Commercial Databases and Public Databases. The Commercial Databases commanded largest market share of 57.86% in 2023, followed by Public Databases.
Based on Software, market is studied across Integrated Software and Standalone Software. The Integrated Software commanded largest market share of 64.76% in 2023, followed by Standalone Software.
Based on Pricing Model, market is studied across Ownership Model and Subscription Model. The Subscription Model commanded largest market share of 67.86% in 2023, followed by Ownership Model.
Based on End-User, market is studied across Academic & Research Institutes, Government Organizations, Healthcare Patients, Healthcare Payers, Healthcare Providers, and Pharmaceutical & Biotechnology Companies. The Healthcare Payers commanded largest market share of 22.38% in 2023, followed by Government Organizations.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 43.99% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Patient Registry Software Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Patient Registry Software Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Patient Registry Software Market, highlighting leading vendors and their innovative profiles. These include ArborMetrix, Inc., Cedaron Medical, Inc., Common Management Solutions, S.L., Deutsche Telekom AG, Elekta AB, Epic Systems Corporation, EVADO Pty. Ltd., EvidentIQ Group GmbH, Fivos, Inc., Global Vision Technologies, Inc., Google LLC by Alphabet Inc., Health Catalyst, Inc., Healthmonix, Hewlett Packard Enterprise Development LP, Ifa systems AG, ImageTrend, Inc., Intelerad Medical Systems Incorporated, International Business Machines Corporation, IQVIA Holdings Inc., McKesson Corporation, Microsoft Corporation, Milliman, Inc., MRO Corporation, OpenText Corporation, Optum, Inc., Oracle Corporation, Ordinal Data, Inc., RAYLYTIC GmbH, Seqster PDM, Inc., Syneos Health, Inc., Veradigm LLC, Vitro Software Holdings DAC, and WIRB-Copernicus Group.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Patient Registry Software Market, by Function
7. Patient Registry Software Market, by Type
8. Patient Registry Software Market, by Database Type
9. Patient Registry Software Market, by Software
10. Patient Registry Software Market, by Pricing Model
11. Patient Registry Software Market, by End-User
12. Americas Patient Registry Software Market
13. Asia-Pacific Patient Registry Software Market
14. Europe, Middle East & Africa Patient Registry Software Market
15. Competitive Landscape
16. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Patient Registry Software Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Patient Registry Software Market?
3. What is the competitive strategic window for opportunities in the Patient Registry Software Market?
4. What are the technology trends and regulatory frameworks in the Patient Registry Software Market?
5. What is the market share of the leading vendors in the Patient Registry Software Market?
6. What modes and strategic moves are considered suitable for entering the Patient Registry Software Market?
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