Patient Registry Software Market - Analysis of Growth Opportunities in Emerging and Established Markets


Free Press Release DB | Press Release Date : Feb 14, 2018  Download


The growing number of companies in the field of asset management is making way for substantial growth opportunities for the progress of the Patient Registry Software Market.


Industry Overview

Patient registry software is a database that is used to gather data linked to diagnosis or condition of patient, for observing the number of novel medical devices being utilized, or going through novel procedure. The major factors promoting the growth of patient registry software market include high prevalence of chronic disorders, rise in usage of electronic health records (EHRs), rise in government initiatives to construct patient registries and increase in usage of stockpiled data for post-marketing surveillance,. However, shortage of skilled resources and lack of maintenance of vital private data may hamper the market growth. Owing to the increase in accountable care organizations and advent of cloud-based patient registry solutions are expected to offer growth opportunities for this market.

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Major Market Player’s

Market Segments

The global patient registry software market can be classified based on deployment model, database, product, functionality, pricing model, end user, and region. On the basis of database, the global market is classified into product registries, health service registries, and disease registries. Depending upon product, it is segmented into integrated as well as standalone software. As per pricing model, it is divided into subscription models and ownership models. Based on deployment mode, it is divided into on-premise and cloud-based models. Based on functionality, it is divided into point of care, product outcome evaluation, health information exchange (HIE), population health management (PHM), patient care management (PCM), and medical research & clinical studies. Depending on end user, it is divided into biotechnology, pharmaceutical, government organizations & third-party administrators; private payers; hospitals & medical practices; and medical device companies; and research centers among others.

Regional Analysis

Based on regions, the global 3D animation market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The patient registry software providers in North American region gain major demand for their products and services owing to the presence of large number of patients suffering from chronic ailments and the presence of feasible reimbursement policies. Also, majority of the industry players based in North America occupy place in advanced healthcare infrastructure that is ready to implement modern management strategies. The customers present in North American region customers showcase greater rate of awareness towards modernized healthcare trends and the usage of patient registry software. Most importantly, the progression of mHealth trend is propelling the demand for patient registry software in North American region.

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Europe also shows similar growth trends trend on a smaller scale. Presence of large number of patients suffering from diabetes, obesity, and other chronic illnesses is fuelling the growth of this market. In the Asia Pacific region, the high population density as well as highly improving healthcare infrastructure is generating a larger scope for global players to enter this market.

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