Patient registry software is used to collect data related to diagnosis or condition of patients for noting the number of new medical devices being used or going through new procedure. Increase in prevalence of chronic diseases, growth in usage of the stored data for post marketing surveillance and increase in government spending to build patient registries will drive the market growth.
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Increase in pressure to improve the quality of care and reduce healthcare costs is the key driving factor which is expected to boost the global patient registry software market growth. Furthermore, Increase in government initiatives to build patient registries will positively contribute the market growth. Moreover, increase in adoption of EHRs and other e-health solutions will propel the growth of patient registry software market growth. Regularity authorities in developed nations are focusing on the wider implementation of Electronic Health Record (EHR) solutions in their healthcare practices in order to improve the delivery of healthcare services. For Instance, in Europe, spending on patient registry software by healthcare industry is estimated to have grown by 32.0% in 2018. Also, rise in investments in the clinical trials by majority of pharmaceutical, and biotechnological companies is expected to fuel the market growth over the forecast period.
However, increase in privacy and data security concerns is the major challenging factor which is expected to hinder the global patient registry software market growth. Also, lack of skilled and trained resources as well as lack of awareness regarding software will affect the market growth.
Market Segmentation
Global Patient Registry Software Market is segmented into type such as Disease Registries, Health Service Registries, and Product Registries, by software such as Stand-alone Software, and Integrated Software. Further, market is segmented into end user such as Hospitals, Government Organization and Third Party Administration, Pharmaceutical, Biotechnology and Medical Device Companies, and Others.
Also, Global Patient Registry Software Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market key Players
Various key players are discussed in this report such as PHYTEL, IQVIA HOLDINGS, OPENTEXT CORPORATION, SYNEOS HEALTH, FIGMD, IMAGETREND, CECITY.COM, DACIMA SOFTWARE, GLOBAL VISION TECHNOLOGIES, IFA SYSTEMS AG, and MCKESSON CORPORATION
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Market Taxonomy
By Type
By Software
By End User
By Region
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