Patient Registry Software Market Analysis | CMI - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Patient Registry Software Market Analysis | CMI

Description:

Read here the latest updates on the Patient Registry Software Market Analysis published by CMI team – PowerPoint PPT presentation

Number of Views:1

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Patient Registry Software Market Analysis | CMI


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
PATIENT REGISTRY SOFTWARE MARKET ANALYSIS
  • Patient Registry Software Market, By Type (Public
    Domain Registry Software, Commercial Registry
    Software), By Disease Area (Diabetes Registry,
    Cardiovascular Registry, Cancer Registry, Rare
    Disease/Orphan Disease Registry, Other Chronic
    Disease Registry), By End User (Government,
    Commercial), and By Region (North America, Latin
    America, Europe, Asia Pacific, Middle East
    Africa) - Size, Share, Outlook, and Opportunity
    Analysis, 2020 - 2027
  • The global patient registry software market is
    estimated to account for US 1,540.9 Mn in terms
    of value in 2020, and is expected to reach US
    3,116.9 Mn by the end of 2027.

3
Global Patient Registry Software Market Drivers
  • Increasing prevalence of cancer and other chronic
    disorders is expected to propel growth of the
    global Patient Registry Software Market over the
    forecast period. For instance, according to the
    American Cancer Society, in 2019, there will be
    an estimated 1,762,450 new cancer cases diagnosed
    and 606,880 cancer deaths in the U.S.
  • Moreover, PRS offers several advantages such as
    patient tracking, documentation of the history of
    diseases, its characteristics, management, and
    outcomes with or without any treatment, active
    surveillance system for the occurrence of
    unexpected or harmful events, and effective
    management of patient population. These
    advantages are expected to boost demand for PRS,
    thereby aiding in growth of the market.

4
Statistics
  • North America held dominant position in the
    global patient registry software market in 2019,
    accounting for 45.8 share in terms of value,
    followed by Europe and Asia Pacific,
    respectively.

Figure 1. Global Patient Registry Software Market
Share () Value, by Region, 2019
5
Market Restraints
  • Issues such as unauthorized use, intrusion, data
    corruption, damage, fraud, and theft along with
    flawed medical expenses, incorrect data,
    insurance issues, and other discrepancies in the
    registry records are expected to hinder growth of
    the market.
  • Moreover, lack of healthcare IT professionals,
    especially in emerging economies is also expected
    to aid in growth of the market.

6
Global Patient Registry Software Market
Opportunities
  • Increasing adoption of Health 2.0 is expected to
    offer lucrative growth opportunities for players
    in the global patient registry software market.
    Health 2.0 can be defined as the use of web 2.0
    or social media in healthcare. Healthcare
    organizations use online communities for disease
    management by offering patients 24/7 access to
    its peer communities.
  • Increasing number of clinical trials is also
    expected to aid in growth of the market. Clinical
    investigators and contract research organizations
    require patient information to recruit patients
    for clinical trials. According to the U.S.
    National Library of Medicine, the number of
    clinical trials conducted in the U.S. increased
    from 30,978 in 2018 to 32,523 in 2019.

7
Segment Information
  • The global patient registry software market was
    valued at US 1,390.5 Mn in 2019 and is forecast
    to reach a value of US 3,116.9 Mn by 2027 at a
    CAGR of 10.6 between 2020 and 2027.

Figure 2. Global Patient Registry Software Market
Value (US Mn), and Y-o-Y Growth (), 2019-2027
8
Market Trends/Key Takeaways
  • In Europe, increasing prevalence of diabetes is
    expected to boost demand for PRS. For instance,
    according to Diabetes UK, over five million
    people will suffer from diabetes in the U.K. by
    2025.
  • Increasing adoption of mHealth services such as
    monitoring services, diagnostic services,
    preventive services, treatment services, research
    processes, emergency response services, and
    doctor assistance services, is also expected to
    aid in growth of the market.

9
Competitive Landscape
  • Major players operating in the global patient
    registry software market include, Global Vision
    Technologies, Inc., Quintiles Inc., Dacima
    Software Inc., PatientCrossroads, Mckesson
    Corporation, Liaison Technologies, and
    Imagetrend, Inc. and Evado eClinical Solutions.

10
Key Developments
  • Major players in the market are focused on
    adopting collaboration strategies to expand their
    product portfolio. For instance, in April 2020,
    Clara Health, a software startup, collaborated
    with Lyft, Inc., a ridesharing company, and VSC,
    a public relations agency, to build the registry
    platform and database to connect COVID-positive
    and -negative individuals with clinical trials
    for diagnostics, treatment and vaccine discovery.
  • Major players in the market are also focused on
    launching new products to expand their product
    portfolio. For instance, in March 2020, Health
    Catalyst, Inc., a provider of data and analytics
    technology and services, announced to launch a
    COVID-19 Registry, Dashboard, and Capacity
    Planning Tool.

11
  • Request Sample Report
  • Request Customization
  • Download PDF Brochure
  • Talk to Analyst
  • Reference https//www.coherentmarketinsights.com
    /market-insight/patient-registry-software-market-2
    055

12
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
  • Business Consulting Services
  • Market Intelligence Services
  • Long term Engagement Model
  • Country Specific Analysis

13
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

14
  • Thank You!
  • Kindly follow CMI Social Media Profiles
    for the latest company updates
  • Facebook
  • Linkedin
  • Twitter
  • https//www.coherentmarketinsights.com/
About PowerShow.com