Patient Registry Software Market Size, Share, Trends, Growth 2032

Patient Registry Software Market Insights

Zion Market Research has published a report on the global Patient Registry Software Market, estimating its value at USD 1.76 Billion in 2023, with projections indicating that it will reach USD 5.03 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 12.4% over the forecast period 2024-2032.

The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Patient Registry Software Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

Request Free Sample

The report covers a forecast and an analysis of the patient registry software market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes drivers and restraints of the patient registry software market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the patient registry software market on a global level.

Patient Registry Software Market: Growth Drivers

A patient registry is a record that is formed for the solitary purpose of gathering secondary data related to patients. Traditionally, the collection of paper cards by each physician was the patient registry method in earlier times. In recent times, patient registries differ in complexity from simple databases that can only be retrieved by a distinct researcher or a small number of physicians to very multifarious databases that are created online across numerous healthcare institutions. The patient registry software has made it sophisticated and easy for pharmaceutical agencies, universities, and medical centers to conduct clinical training. The patient registry software includes the tools that maintain the database related to the patients, fragmented based on various diseases categories.

The growing demand for electronic health records, rising prevalence of chronic diseases, and increasing government initiatives to form patient registries are some key factors contributing toward the growth of the global patient registry software market. However, the dearth of maintenance of imperative private data and lack of skilled resources may hamper the patient registry software market. Alternatively, a growing number of liable care administrations and the emergence of cloud-based patient registry software are anticipated to provide new growth opportunities for the market.

In order to give the users of this report a comprehensive view of the patient registry software market, we have included a competitive landscape and an analysis of Porter’s Five Forces Model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research& development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers the product portfolio of various companies according to regions.

Request Free Sample

Patient Registry Software Market: Segmentation

The global patient registry software market is segmented based on software, pricing model, deployment, database, and end-user.

By software, the global patient registry software market includes standalone and integrated.

By pricing model, the market is categorized into ownership and subscription models.

Based on deployment, the patient registry market includes on-premises and cloud.

Based on database, the market is fragmented into commercial database and public database.

On the basis of end-user, the patient registry software market includes hospitals and medical practices, government organizations and third-party administrators, private payers, biotechnology, pharmaceutical, medical device companies, and research centers.

Patient Registry Software Market: Report Scope

Patient Registry Software Market: Regional Analysis

The study provides a decisive view of the patient registry software market by segmenting it based on software, pricing model, deployment, database, end-user, and region. The regional segment includes North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa.

By geography, North America dominated the global patient registry software market, i.e., more than 40% share, in 2018 and is expected to remain dominant over the forecast time period as well. The U.S. held the majority share, i.e., 80% that was valued at USD 308.16 million, in 2018. The high adoption of digital healthcare tools in the U.S. is one of the key factors contributing to this high market share. Moreover, the availability of advanced patient registry software and high disposable income are also propelling the growth of the North American market. The Asia Pacific patient registry software market is expected to register the highest CAGR globally in the future.

Patient Registry Software Market: Competitive Analysis

The global patient registry software market is dominated by players like:

• Optum
• McKesson Corporation
• Phytel
• ImageTrend
• Liaison Technologies
• Ifa Systems
• Premier
• Dacima Software
• FIGmd
• Global Vision Technologies

This report segments the global patient registry software market into:

Global Patient Registry Software Market: By Software

• Standalone Software
• Integrated Software

Global Patient Registry Software Market: By Pricing Model

• Subscription Model
• Ownership Model

Global Patient Registry Software Market: By Deployment

• Cloud
• On-Premises

Global Patient Registry Software Market: By Database

• Commercial Database
• Public Database

Global Patient Registry Software Market: By End-User

• Government Organizations and Third-Party Administrators
• Hospitals and Medical Practices
• Private Payers
• Pharmaceutical
• Biotechnology
• Medical Device Companies
• Research Centers

Global Patient Registry Software Market: By Region

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa