Dallas/Texas, Oct. 11, 2022 (GLOBE NEWSWIRE) -- The global Patient Registry Software Market is anticipated to be significantly bolstered by the growing use of electronic health records, rising post-marketing surveillance usage of stored data, and the deployment of supportive government programs. Additionally, the healthcare industry is undergoing a significant transformation as a result of mounting pressure to cut costs and expand access to social media and mobile technologies, which is anticipated to be advantageous to the patient registry software market over the course of the forecast period. Due to the increased outcomes and quality of treatment in the twenty-first century, market participants from all over the world are searching for creative and economical ways to provide technology-enabled, patient-centered healthcare solutions both within and outside hospital walls.
It is projected that these factors would increase demand for patient registry software. The market's expansion is, however, expected to be hampered by issues with data security and privacy. The forecast global patient registry software market is growing at a CAGR of 8.9% and is anticipated to increase from USD 1.10 billion to more than USD 4.5 billion in 2032.
Top Brands Involved In the Global Patient Registry Software Market Report
- ImageTrend
- Inc.
- FIGmd
- Inc.
- McKesson Corporation
- CECity.com Inc. (a Premier
- Inc. Company)
- Dacima Software Inc.
- Global Vision Technologies
- Inc.
- ifa systems AG,
- INC RESEARCH HOLDINGS
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Owing to their numerous clinical and non-clinical applications, electronic health records have been able to spark attention from government sources. The governments of both developed and developing nations around the world are launching a variety of federal policies, initiatives, and projects to advance healthcare services.
The term "patient registry software" refers to a structured system that makes use of observational study techniques to gather clinical and non-clinical patient data for the evaluation of specific outcomes for a population that is defined by a particular disease, condition, or exposure, and that serves predetermined clinical, scientific, or policy goals. Patient registration software is becoming more and more necessary as a result of the widespread usage of electronic health records and the expanding demand for patient registry data for post-marketing surveillance.
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Over the projected time, it is also anticipated that the integrated segment will grow significantly. The integrated system is a collection of national-level software that aids in monitoring the locations that are affected geographically and assessing the effectiveness of the clinical intervention. Furthermore, it will aid in learning more about the prevalence of diseases and the efficiency of treatment plans. The numerous integrated features, plugins, and add-ons of the application are designed to function together flawlessly, which is further boosting the market for patient registry software.
Segmentations of the Market Research Reports Are As Follows
Segmentation by Type
- Public Domain Patient Registry Software
- Commercial Patient Registry Software
Segmentation by Product Outlook
- Disease Registry
- Health Service Registry
- Product Registry
Segmentation by End-user
- Patient Registry Software for Governments
- Patient Registry Software for Commercial Use
Segmentation by Region
- North America
- Europe
- Asia Pacific
- The Middle East and Africa
- South America
In terms of revenue share, North America is the top revenue generating region in the market for patient registry software in 2021. This region's market is growing as a result of things like rising disease prevalence, increased target populations, and rising demand for population-based registries. This sector, which is partly a result of growing government activities, is a significant contributor to the market for patient registry software. Companies are always looking for ways to make user-interaction software better so that patient registry software will be more interesting and useful for clinical research.
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In order to provide a state-wide trauma registry and EMS data repository for the gathering and analysis of data to disclose important insights and trends, Virginia EMS Systems (US) and ESO Solutions (US) partnered in March 2021.
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