Global Patient Registry Software Market

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 2025-2032


Report ID: SQMIG35G2254 | Region: Global | Published Date: October, 2024
Pages: 219 | Tables: 91 | Figures: 76

Patient Registry Software Market Insights

Patient Registry Software Market size was valued at USD 1.87 Billion in 2023 and is poised to grow from USD 2.15 Billion in 2024 to USD 6.57 Billion by 2032, growing at a CAGR of 15.02% during the forecast period (2025-2032).

Rising incidence of chronic and rare diseases around the world and increasing adoption of value-based care models are projected to bolster the demand for patient registry software in the future. Growing demand for real-world evidence for medical research is also expected to promote the adoption of patient registry software over the coming years. Increasing efforts of governments to support the development of new patient registries to improve population health management are also expected to create new opportunities for patient registry software providers going forward. High adoption of advanced analytics and artificial intelligence technologies in healthcare are also forecasted to bolster patient registry software market growth in the long run. Moreover, the rising use of cloud platforms in healthcare is also expected to boost the use of cloud-based patient registry software through 2031. On the contrary, high costs of implementation, lack of standardization of healthcare IT systems, and data privacy and security concerns are estimated to be key constraints for patient registry software market outlook across the forecast period.

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FAQs

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).

Creating solutions and systems that can be easily integrated with the current healthcare ecosystem should be the prime focus of patient registry software companies going forward. Patient registry software providers should focus on developing affordable solutions to maximize their business in all parts of the world. Patient registry software companies can also focus on collaborations and partnerships to widen their business horizons around the world.   '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'

Increasing need for real-world evidence in healthcare research and decision-making for regulatory bodies is projected to bolster the demand for patient registry software. This software helps collect data on patient outcomes, identifies long-term trends, and supports regulatory decisions with statistical data collected from patient outcomes thereby making it a mainstay for healthcare R&D in the future.  

Use of Artificial Intelligence and Machine Learning Technologies: Patient registry software companies can leverage the use of artificial intelligence and machine learning technologies to provide automation capabilities in their offerings. These technologies can also offer predictive analytics and better insights to improve patient care and outcomes in the future thereby making it an unmissable patient registry software market trend through 2031.  

North America is anticipated to account for a dominant share of the global patient registry software market. The presence of a developed healthcare infrastructure, high emphasis on healthcare digitization, and quick adoption of advanced technologies are allowing North America to lead the global patient registry software industry. Canada and the United States are expected to be highly opportune markets owing to high emphasis on improvement of patient outcomes in these countries. Growing investments in healthcare research and development in this region are also expected to bolster the demand for patient registry software going forward. The presence of leading patient registry software providers is also expected to further bolster the dominance of North America. 

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Global Patient Registry Software Market

Report ID: SQMIG35G2254

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