USD 1.40 billion
Patient Registry Software Market Size, Share, Growth Analysis, By Type of Registry(Disease Registries (Diabetes Registries, Cardiovascular Registries, Cancer Registries, Rare Disease Registries), By Type of Software(Standalone Software, Integrated Software), By Type of Database(Commercial Databases, Public Databases), By Pricing Model(Subscription Model, Ownership Model), By Deployment Model(On-Premise Model, Cloud-Based Model), By Functionality(Population Health Management, Patient Care Management, Medical Research & Clinical Studies, Health Information Exchange), By End-User(Government Organizations & Third-Party Administrators, Hospitals & Medical Practices, Private Payers, Pharmaceutical), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35G2254 |
Region:
Global |
Published Date: October, 2024
Pages:
219
|Tables:
91
|Figures:
76
Patient Registry Software Market Insights
Global Patient Registry Software Market size was valued at USD 1.62 billion in 2022 and is poised to grow from USD 1.87 billion in 2023 to USD 5.71 billion by 2031, growing at a CAGR of 15.02% during the forecast period (2024-2031).
The Global Patient Registry Software Market is experiencing significant growth and is expected to continue expanding in the coming years. Patient registry software refers to a database management system that collects and stores patient data for research, analysis, and decision-making purposes. It serves as a crucial tool for healthcare organizations, researchers, and policymakers to gain insights into disease patterns, treatment outcomes, and overall patient population characteristics. The purpose of the patient registry software market is to provide a centralized platform that enables efficient data collection, management, and analysis of patient information. By capturing comprehensive and standardized data, healthcare professionals can identify trends, evaluate the effectiveness of treatments, and make informed decisions to improve patient care and outcomes. Several drivers contribute to the growth of the patient registry software market. Firstly, the increasing prevalence of chronic diseases and the need for accurate disease surveillance drive the demand for patient registry software. With the software's ability to track patient outcomes over time, healthcare providers can identify risk factors, implement preventive measures, and enhance disease management strategies. Additionally, the rising adoption of electronic health records (EHRs) and the need for interoperability across healthcare systems fuel the market's growth, as patient registry software seamlessly integrates with existing EHR systems.
Despite the promising growth prospects, the patient registry software market does face some restraints. Concerns regarding data privacy and security pose challenges for market expansion, as the software deals with sensitive patient information. Stricter regulations and compliance requirements are being implemented to address these concerns and ensure data protection. Additionally, the initial high cost of implementing patient registry software and the challenges associated with data standardization and integration may hinder market growth in some regions. Key trends in the patient registry software market include the adoption of cloud-based solutions, which offer scalability, flexibility, and cost-effectiveness. Integration with advanced technologies such as artificial intelligence (AI) and machine learning (ML) enables predictive analytics and personalized medicine approaches. Furthermore, the emergence of patient-powered registries, where patients actively participate in data collection and decision-making, is gaining traction. The patient registry software market presents several opportunities for growth. The increasing focus on value-based healthcare and outcomes research creates a demand for comprehensive patient data analysis, driving the adoption of the registry software. Furthermore, the integration of patient registry data with real-world evidence and genomics holds tremendous potential in advancing precision medicine and targeted therapies.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Cloud-Based Solutions
Fastest Growth
Cloud-Based Solutions
Growth Rate
15% CAGR
Global Patient Registry Software Market 2022-2030 ($ Bn)
Country Share for North America Region- 2022 (%)
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Patient Registry Software Market Segmental Analysis
Global Patient Registry Software Market is segmented by Type of Registry, Type of Software, Type of Database, Pricing Model, Deployment Model, Functionality, End-User and Region. Based on Type of Registry, the market is segmented into Disease Registries (Diabetes Registries, Cardiovascular Registries, Cancer Registries, Rare Disease Registries, Asthma Registries, Chronic Kidney Disease Registries, Orthopedic Registries, Other Disease Registries), Health Service Registries, Product Registries (Medical Device Registries, Drug Registries). Based on Type of Software, the market is segmented into Standalone Software, Integrated Software. Based on Type of Database, the market is segmented into Commercial Databases, Public Databases. Based on Pricing Model, the market is segmented into Subscription Model, Ownership Model. Based on Deployment Model, the market is segmented into On-Premise Model, Cloud-Based Model. Based on Functionality, the market is segmented into Population Health Management, Patient Care Management, Medical Research & Clinical Studies, Health Information Exchange, Point of Care, Product Outcome Evaluation. Based on End-User, the market is segmented into Government Organizations & Third-Party Administrators, Hospitals & Medical Practices, Private Payers, Pharmaceutical, Biotechnology, And Medical Device Companies, Research Centers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Global Patient Registry Software Market Analysis By Deployment Mode
The largest segment in the market is cloud-based solutions. Cloud-based patient registry software offers numerous advantages, such as scalability, flexibility, and cost-effectiveness. This segment has gained substantial traction due to the increasing demand for streamlined data management solutions in healthcare organizations. Cloud-based solutions provide the ability to access patient data anytime, anywhere, and from any device, which enhances the efficiency and accessibility of healthcare information. This convenience has resulted in a surge in adoption by healthcare providers looking to streamline their operations and improve patient care. Furthermore, the scalability of cloud-based solutions allows organizations to easily expand their registry capabilities as their patient population grows.
The fastest growing segment in the market is on-premise solutions. While cloud-based solutions dominate the market, the on-premise segment is witnessing rapid growth due to several factors. Certain healthcare organizations, especially those with stringent data security and privacy requirements or limited internet connectivity, prefer to have complete control over their patient data by maintaining it on-site. On-premise solutions offer enhanced data control, as the information resides within the organization's own infrastructure. Additionally, these solutions provide a higher level of customization and integration with existing systems, allowing healthcare providers to tailor the patient registry software to their specific needs.
Global Patient Registry Software Market Analysis By Type
Disease registries represent the largest segment within the patient registry software market. These registries focus on collecting and analyzing data related to specific diseases or medical conditions. They play a crucial role in facilitating research, monitoring disease trends, and evaluating treatment outcomes. Disease registries provide valuable insights into disease prevalence, patient characteristics, and treatment effectiveness, enabling healthcare providers and researchers to make informed decisions and improve patient care. With the rising prevalence of chronic diseases worldwide, disease registries have become essential tools for managing population health. Their comprehensive data collection and analysis capabilities make them highly sought-after, capturing a significant share of the patient registry software market.
On the other hand, health service registries represent the fastest-growing segment within the patient registry software market. These registries focus on capturing data related to healthcare services, such as hospital admissions, surgical procedures, and medication usage. Health service registries are increasingly recognized for their ability to improve healthcare quality, efficiency, and patient safety. By analyzing service utilization patterns, outcomes, and cost-effectiveness, health service registries enable healthcare organizations to identify areas for improvement, streamline processes, and enhance resource allocation. The growing emphasis on value-based care, where healthcare providers are incentivized based on patient outcomes, further drives the demand for health service registries. As healthcare systems strive to optimize service delivery and achieve better patient outcomes, the adoption of health service registries is rapidly increasing, making it the fastest-growing segment within the patient registry software market.
Global Patient Registry Software Market Size By Deployment Mode 2022(%)
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Patient Registry Software Market Regional Insights
North America is emerging as the dominating region in the global patient registry software market. With its robust healthcare infrastructure, strong emphasis on healthcare digitization, and widespread adoption of electronic health records (EHRs), North America is leading the way in patient registry software implementation. The region's high market share can be attributed to the presence of prominent market players and the proactive approach of healthcare organizations toward enhancing patient care and outcomes. For example, Epic Systems Corporation, a leading healthcare software company based in the United States, offers a patient registry software solution called EpicCare. It enables healthcare providers to collect and analyze patient data across various specialties, facilitating population health management and research studies. EpicCare has gained significant market share in North America, empowering healthcare organizations with comprehensive patient insights for improved decision-making.
Latin America is emerging as the fastest growing region in the global patient registry software market. The region's healthcare systems are undergoing significant transformations, with an increased focus on improving patient outcomes and addressing healthcare disparities. Latin American countries are investing in healthcare IT infrastructure and adopting patient registry software solutions to enhance data-driven decision-making and facilitate collaborative research efforts. For example, In Brazil, the Oncology Research Information System (BROLIS) stands out as an innovative patient registry software solution. Developed by the Brazilian Society of Clinical Oncology (SBOC), BROLIS enables comprehensive data collection and analysis to support oncology research and enhance cancer care. Its success in Brazil highlights the country's growing market share in the region and its commitment to advancing cancer treatment and research.
Global Patient Registry Software Market Size By Geography, 2022-2030
- Largest
- Fastest
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Patient Registry Software Market Dynamics
Global Patient Registry Software Market Drivers
Increasing demand for real-world evidence
- There is a growing emphasis on the use of real-world evidence (RWE) in healthcare research and decision-making. Patient registries provide a valuable source of RWE as they contain comprehensive and longitudinal data on patient populations. These registries help researchers and healthcare providers gain insights into the safety, effectiveness, and long-term outcomes of different treatments and interventions. The demand for patient registry software is driven by the need to collect and analyze real-world data for evidence-based decision-making.
Global Patient Registry Software Market Restraints
Data privacy and security concerns
- Patient registries involve the collection and storage of sensitive patient information, including personal health data. Ensuring the privacy and security of this data is a significant challenge. Any breaches or mishandling of patient data can lead to legal and ethical consequences. Concerns about data privacy and security can act as a restraint in the adoption of patient registry software, as healthcare organizations need to address these issues effectively to gain the trust of patients and comply with data protection regulations.
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Patient Registry Software Market Competitive Landscape
- The global patient registry software market is highly fragmented with several key players competing for market share. Some prominent companies in the global patient registry software market are actively engaged in strategic partnerships, mergers and acquisitions, and product innovations to strengthen their market position. Additionally, technological advancements such as the integration of artificial intelligence (AI) and machine learning (ML) in patient registry software are further driving the competition in the market. Overall, the global patient registry software market is dynamic and characterized by intense competition among key players striving to offer advanced solutions to healthcare providers and researchers.
Top Player’s Company Profiles in Global Patient Registry Software Market
- IQVIA Holdings
- Opentext Corporation
- Optum
- Premier Inc.
- Syneos Health
- Figmd
- Imagetrend, Inc.
- DACIMA Software, Inc.
- Global Vision Technologies, Inc.
- IFA Systems AG
- Medstreaming- M2S
- McKesson Corporation
- Evado Clinical
- WIRB Copernicus Group
- Arbormetrix, Inc.
- Conduent, Inc.
- Elekta AB
- Ordinal Data, Inc.
- ESO Solutions
- Lumedx
- Armus Corp
- Cedaron
- Versafrom Systems Corp
Global Patient Registry Software Market Recent Developments
- In April 2022, Quantori, LLC introduced a new initiative called the Registry Science Practice, with a specific focus on developing registry programs for patients, clinicians, and researchers. The aim of this practice is to create comprehensive registry programs that facilitate the collection and analysis of data to support healthcare outcomes.
- In January 2022, Seqster collaborated with the National Pancreas Foundation (NPF) to establish a dynamic pancreatic patient disease database. This partnership aimed to build the largest database of its kind in the nation, enabling faster advancement of cutting-edge research compared to traditional methods. The database would serve as a valuable resource for studying pancreatic diseases and improving patient care.
Patient Registry Software Key Market Trends
- Integration of artificial intelligence (AI) and machine learning (ML): The incorporation of AI and ML technologies in patient registry software is a growing trend. These technologies can automate data extraction, improve data quality and accuracy, and facilitate advanced analytics for better insights. For example, AI algorithms can help identify patterns in large datasets, predict disease progression, and support personalized treatment decisions based on patient characteristics and outcomes.
Patient Registry Software Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analyses, The Global Patient Registry Software Market is experiencing significant growth and is expected to continue expanding in the coming years. Patient registry software is a technological solution that helps healthcare organizations collect, manage, and analyze patient data for research, disease surveillance, and quality improvement purposes. The market is driven by several factors, including the increasing need for efficient data management in healthcare systems, rising prevalence of chronic diseases, and growing adoption of electronic health records (EHRs). Additionally, the shift towards value-based care and the emphasis on personalized medicine are contributing to the demand for patient registry software solutions. The market is characterized by intense competition, with key players focusing on product innovations, partnerships, and strategic acquisitions to gain a competitive edge. However, factors such as concerns related to data security and privacy, high implementation costs, and interoperability issues may hinder market growth to some extent. Nevertheless, with the ongoing digital transformation in healthcare and the growing importance of real-world evidence, the global patient registry software market is projected to witness substantial growth opportunities in the foreseeable future.
What’s Included
NA
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1.62 billion |
| Market size value in 2031 | USD 5.71 billion |
| Growth Rate | 15.02% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Patient Registry Software Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Patient Registry Software Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Patient Registry Software Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Patient Registry Software Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Patient Registry Software Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Patient Registry Software Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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