Global Patient Registry Software market data 2024, Forecast To 2033
7 Feb, 2024
The patient registry software market has witnessed rapid growth, advancing from $2.13 billion in 2023 to $2.44 billion in 2024, with a CAGR of 14.8% during the historic period. This growth is attributed to research and clinical trials in healthcare, government initiatives to track and manage diseases, adoption of EHRs, and the prevalence of chronic diseases necessitating quality reporting and performance measurement. Looking ahead to 2028, the market is poised to grow to $4.35 billion with a CAGR of 15.5%, driven by factors such as big data and AI in healthcare research, real-world evidence generation, mobile and cloud-based registry solutions, and regulatory requirements for data collection. Major trends include patient-driven data collection, integration of wearables and IoT devices, data interoperability, and blockchain for secure data sharing.
Global Patient Registry Software Market Key Driver
The rising adoption of electronic medical records (EMRs) is a driving force behind the growth of the patient registry software market. EMRs, serving as digital counterparts to paper charts, offer comprehensive solutions for healthcare management. The Organization for Economic Co-operation and Development reported a 93% adoption rate of EMRs among primary care practices in 24 OECD countries in 2021. The incorporation of patient registry software functionalities within EMRs and EHRs further amplifies the market's growth potential. As healthcare systems worldwide embrace digitalization, the patient registry software market is set to witness substantial expansion.
Get A Free Sample Of The Global Patient Registry Software Market ReportGlobal Patient Registry Software Market Segments
The global patient registry software market covered in this report is segmented –
1) By Product: Standalone Software, Integrated Software
2) By Type of Database: Disease Registries, Health Service Registeries, Product Registries
3) By Deployment Model: On-Premise Models, Cloud-Based Models
4) By Functionality: Population Health Management (PHM), Patient Care Management, Health Information Exchange (HIE), Point Of Care, Product Outcome Evaluation, Medical Research And Clinical Studies
5) By End User: Government Organizations And Third-Party Administrators, Hospitals And Medical Practices, Private Payers, Pharmaceutical, Biotechnology, And Medical Device Companies, Research Centers
By Geography: The regions covered in the Patient Registry Software market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North Americawas the largest region in the patient registry software market in 2023. Asia-Pacificis expected to be the fastest-growing region in the forecast period. The regions covered in the patient registry software market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major Patient Registry Software Industry Players
Armus Digital Pvt. Ltd., Dacima Software Inc., Evado Clinical, Global Vision Technology Co. Ltd., Gz Technology Pvt. Ltd., Healthmonix LLC, Imagetrend Inc., QVIA Holdings Inc., Lumedx Healthcare Technologies Private Limited, M2s Industries Private Limited, Mckesson Corporation, Opentext Corporation, Optum Health & Technology Private Limited, Phytel Inc., Premier Inc., Syneos Health Inc., Telligen Inc., Advarra Inc., Advera Health Analytics, ArborMetrix Inc., EResearch Technology, FIGmd Inc., Flatiron Health Inc., Healex Systems Ltd., IFA Systems AG, Liaison Technologies Inc., Medrio Inc., Molecular Corp., OM1 Inc., Open Registry, Orion Health Corp., PatientCrossroads, PatientRegistry
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Patient Registry Software Market Overview
Patient registry software refers to a structured system for gathering non-clinical or clinical patient data to evaluate certain outcomes using observational study methodologies.
Patient Registry Software Global Market Report 2023 provides data on the global patient registry software market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The patient registry software market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.