Patient Registry Software Market To Grow In Near Future And With the High CAGR Value - Scalar Market Research

According to the new market research report, “Patient Registry Software Market, by Database Type (Product Registries, Health Service Registries, Disease Registries), Product Type (Integrated Software, Standalone Software) ,Pricing Model (Subscription Models, Ownership Models), Deployment Model (On-premise Models, Cloud-based Models), Functionality (Population Health Management (PHM), Patient Care Management, Health Information Exchange (HIE), Point of Care, Product Outcome Evaluation, Medical Research and Clinical Studies) End–user (Government Organizations and Third-party Administrators (TPAs), Hospitals, Private Payers, Pharmaceutical, Biotechnology, and Medical Device Companies, Research Centers) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022

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Patient registry databases are used to develop clinical research in the field of rare and chronic diseases for the improvement of patient care. These databases are important to assess the feasibility of clinical trials and support patient enrollment procedures to evaluate the impact of new interventions. In healthcare organizations such as hospitals and nursing homes, patient registry databases collect and store patient information to define particular diseases or medical conditions.

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KEY PREMIUM INDUSTRY INSIGHTS

1. Major factors contributing to the growth of the global patient registry software market include increasing government initiatives to build patient registries, growing pressure to improve the quality of care and minimize healthcare costs, increasing adoption of electronic health records (EHRs), the rising use of patient registry data for post-marketing surveillance, and increasing prevalence of chronic diseases.

2. Moreover, the high adoption of information technology across the globe supports the growth of this market.

3. However, data privacy and security concerns and a lack of resources with cross-functional skills are hindering the growth of the patient registry software market.

Regionally, North America dominates the global patient registry software market. This is due to the presence of an improved healthcare infrastructure and increased government funding for the medical field in the region. In addition, technological advancement in patient registry software platforms, as well as increasing adoption of electronic health records (EHRs) in medical practices have also propelled the growth of the market in North America. The US represents the largest market for patient registry software in North America, followed by Canada. In Europe, Germany, France, and the UK hold major shares of the patient registry software market. The patient registry software market in Asia too, is expected to show high growth rates in the next five years. This is due to various initiatives being undertaken by governments to enhance population health management in the region. In addition, increasing pressures of government on healthcare organizations to improve the quality of care and minimize healthcare cost have also propelled the growth of the patient registry software market in the region. India, China, and Japan are expected to be the fastest-growing markets for patient registry software in Asia.

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KEY MARKET PLAYERS

Key players in the patient registry software market include:
1.Imagetrend, Inc.
2.Figmd, Inc.
3.Liaison Technologies
4.Quintiles Transnational Holdings, Inc.
5.Advertek Incorporated
6.Cecity, Inc. (A Premier, Inc. Company)
7.Dacima Software, Inc.
8.Global Vision Technologies, Inc. (GVT)
9.IFA Systems AG
10.Inc Research Holdings, Inc.

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