[255 Pages Report] The global patient registry software market is projected to reach USD 2.4 billion by 2025 from USD 1.2 billion in 2020, at a CAGR of 14.4% from 2020 to 2025. The growth of this market is mainly attributed to the shift toward computerized registries from paper-based registries, due to their advantages, is a key driver of market growth. The emergence of the COVID-19 pandemic and the increase in the number of COVID-19 patients globally is also expected to support the demand for patient registry software. Other considerations include the rising number of accountable care organizations, high adoption of the subscription model, and the emergence of cloud-based patient registry solutions. However, shortage of trained and skilled resources and privacy and data security related concerns hampered market growth to an extent.

In this report, the patient registry software market is segmented on the basis of type of registry, software, pricing model, deployment model, type of database, functionality, end user, and region.

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COVID-19 Impact on the Patient Registry Software Market

The emergence of the COVID-19 pandemic has increased the demand for patient registries, as they help researchers understand the disease prognosis and help physicians determine the best method to treat COVID-19 patients. Also, patient registries help in the collection of real-world evidence of clinical encounters and provide opportunities to potentially study the clinical effectiveness of treatments for different patient populations.

As per several studies, patients with predetermined health problems, such as cardiovascular diseases and cancer, are more prone to suffer from severe COVID-19 symptoms. Data from patient registries provides valuable insights into patient characteristics, treatment patterns, and clinical outcomes in patients who are hospitalized with predetermined diseases. Many government organizations have launched patient registries specifically to understand the impact of COVID-19 on patients previously suffering from different diseases. Thus, there is an increase in the number of patient registries for cardiovascular diseases and cancer that are specifically launched to understand the effects of COVID-19 on these patients.

Patient Registry Software Market Dynamics

Drivers: Rising adoption of EHRs and other eHealth solutions

Globally, the adoption of electronic health records (EHRs) and other HCIT solutions is increasing, which is considered a positive indicator for the patient registry software market. This is because patient registry software functionality is included or is available as an add-on for many EHR products. Authorities in several countries are focusing on the greater adoption of EHR solutions in their healthcare systems to help improve the delivery of healthcare services. For instance, among office-based physicians in the US, EHR implementation increased from 72% in 2012 to 85.9% in 2018 (Source: National Center for Health Statistics, 2012). The increasing use of EHR in developed and developing countries is resulting in improved patient care, increased patient participation, and easy collection and storage of patient health information in a digital format. The widespread transition from paper-based records to electronic records is expected to boost the demand for integrated patient registry software.

Restrains: Privacy- and data security-related concerns

Concerns related to data privacy and security are affecting the adoption of patient registry solutions among healthcare organizations, as the breach of a data registry can potentially expose confidential information of a large number of patients. In recent years, there has been significant growth in the number of healthcare data breaches. In healthcare, approximately one-third of data breaches result in medical identity theft, mainly due to a lack of internal control over patient information, outdated policies and procedures or non-adherence to existing ones, and inadequate personnel training. In the US, the Identity Theft Resource Center recorded 1,473 breaches in its 2019 breach list, an increase of 17% over the total number of breaches tracked in 2018. The healthcare sector alone accounted for 35.5% of the total tracked breaches. Such risk factors may hamper the patient registry software market to a certain extent.

Opportunities: Emergence of cloud-based patient registry solutions

Cloud-based patient registry solutions have emerged as effective tools that offer end users enhanced data accessibility and real-time analysis. Moreover, these solutions are user friendly, scalable, and adaptable for any specialty or organization.

The use of cloud-based patient registry solutions helps deliver insights from a multi-terabyte database anywhere, anytime, and on any platform, with ease. In addition, these solutions do not require any upfront capital investment for hardware and provide faster data transfer between organizations. Considering these advantages, the preference for cloud-based patient registry solutions is expected to increase among end users during the forecast period.

Challenges:Reluctance to adopt advanced solutions

The continued use of existing paper-based and unorganized computer-based registry tools is restricting the implementation of advanced HCIT solutions, such as patient registry solutions, especially in developing countries. Many hospitals and physicians, particularly in small and rural areas, continue to rely on basic existing methods such as spreadsheets or case paper-based patient registry methods. These tools are only used at the department level, with retrospective data. In this approach, reports are considered as being good for a specific period until they become too inefficient to continue. Furthermore, many hospitals and other end users are opposed to adopting advanced EHR systems and patient registry software due to the costs associated with the software purchase and implementation, coupled with the lack of operating skills for these advanced tools.

The disease registries segment is estimated to grow at the highest CAGR in the patient registry software, by type of registry market, in 2019

Based on the type of registry, the patient registry software market is segmented into product registries, health service registries, and disease registries. The disease registries segment accounted for the largest share and estimated to grow at the highest CAGR of the patient registry software market in 2019. The large share of this segment can be attributed to the increase in the aging population, rising prevalence of chronic and rare & new diseases, growing awareness on the role of registries in health management, and the adoption of EHRs across the globe.

The standalone software segment will dominate the patient registry software, by type of software market during the forecast period

Based on the type of software, the patient registry software market is segmented into standalone and integrated software. The standalone software segment accounted for the largest share of the global patient registry software market. The large share of this segment can be attributed to the significant use of standalone software by government organizations & TPAs for population health management due to its adaptability and interoperability.

The Population Health Management (PHM) segment will dominate the patient registry software, by functionality market during the forecast period

Based on functionality, the patient registry software market is segmented into population health management (PHM), patient care management, health information exchange (HIE), point of care, product outcome evaluation, and medical research & clinical studies. The patient registry software market for accounted for the largest share of the global patient registry software market. This can be attributed to government initiatives to boost the adoption of patient registry software by hospitals & medical practices, implementation of the ACA in the US, which encourages PHM, and the availability of government funding. Besides, the emergence of the COVID-19 outbreak has led to the launch of COVID-19 patient registries worldwide. However, data integration between different hospitals and medical organizations and the possibility of errors due to human intervention can negatively affect this market.

Government Organizations & TPAs are the largest end users of patient registry software

Based on the end user, the patient registry software market is segmented into private payers; hospitals & medical practices; research centers; pharmaceutical, biotechnology, & medical device companies; and government organizations & TPAs. In 2019, the government organizations & TPAs segment accounted for the largest share of the global patient registry software market. The large share of this segment can be attributed to the emergence of the COVID-19 pandemic and the need for analyzing patient data for better population health management.

Asia Pacific market to witness the highest growth during the forecast period

The patient registry software market is divided into five regions North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. These regions are further analyzed at the country levels. North America held the largest share of the patient registry software market in 2019, followed by Europe and the Asia Pacific. The Asia Pacific market is projected to grow at the highest CAGR during the forecast period. Market growth in the APAC region is mainly driven by the increasing incidence of chronic diseases, rising awareness about the benefits of EHRs, improvements in healthcare systems, the development of medical tourism in Asian countries, high demand for EHRs in Asian countries. increasing government initiatives for the modernization of healthcare infrastructure, and the growing number of ongoing research activities.

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Key Market Players

The products and services market is dominated by a few globally established players such as include Phytel, IQVIA Holdings, FIGmd, OpenText Corporation, Dacima Software, Global Vision Technologies, ifa systems, Syneos Health, and HealthDiary

Report Metric Details Market size available for years 2018-2025 Base year considered 2019 Forecast period 2020�2025 Forecast units Value (USD) Segments covered By Type of Registry, Software, Pricing Model, Deployment Model, Type of Database, Functionality, and End User. Geographies covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa Companies covered The major market players include Phytel, Inc. (US), IQVIA Holdings, Inc. (US), OpenText Corporation (Canada), ImageTrend, Inc. (US), FIGmd, Inc. (US), McKesson Corporation (US), CECity.com Inc. (a Premier, Inc. Company) (US), Dacima Software Inc. (Canada), Global Vision Technologies, Inc. (US), ifa systems AG, (Germany), Syneos Health Inc. (US), M2S (a Medstreaming Company) (US), Optum, Inc. (a part of UnitedHealth Group Incorporated) (US), Evado Pty. Ltd. (Australia), Velos, LLC. (US), Cedaron (US), ArborMetrix Inc.(US), LUMEDX (US), HealthDiary Inc. (Canada) and phamax (Switzerland).

The study categorizes the patient registry software market based on Type of Registry, Software, Pricing Model, Deployment Model, Type of Database, Functionality, and End User at the regional and global level.

By Type of Registry

Disease Registries Diabetes Registries Cardiovascular Registries Cancer Registries Rare Disease Registries Asthma Registries Chronic Kidney Disease Registries Orthopedic Registries Other Registries

Health Service Registries

Product Registries Medical Device Registries Drug Registries



By Type of Softwar

Standalone Software

Integrated Software

By Pricing Model

Subscription Model

Ownership Model

By Deployment Model

On-Premise Models

Cloud-Based Models

By Type of Database

Commercial Databases

Public Databases

By Functionality

Population Health Management (PHM)

Patient Care Management

Health Information Exchange

Point-Of-Care

Product Outcome Evaluation

Medical Research & Clinical Studies

By End Users

Government Organizations & Third-Party Administrators (TPAs)

Hospitals and Medical Practices

Private Payers

Pharmaceutical, Biotechnology, and Medical Device Companies

Research Centers

Recent Developments

In June 2020, ArborMetrix Inc. (US) entered into a partnership with The Society of Interventional Radiology (SIR) (US) . This partnership aims to provide the IR Quality Registry to improve patient care by integrating analytics.

In April 2020, IQVIA Holdings Inc. (US), announced the launch COVID-19 registry platform and technology-powered trial matching solution

In March 2020, OpenText Corporation (Canada) acquired XMedius (US) To strengthen OpenText�s leadership in the areas of secure information exchange, unified communications, and digital fax.

In March 2020, ImageTrend Inc. (US) entered into a partnership with American Heart Association (US) , in this partnership ImageTrend�s Clinical and Research team will analyze pre-hospital data related to heart attacks and strokes in patients during the COVID-19 pandemic.

InJanuary 2020, M2S . (US) announced the launch Vascular Medicine Consult Registry.

Frequently Asked Questions (FAQ):

Which type of registry is leading the by type of registry segment? Based on the type of registry, the patient registry software market is segmented into product registries, health service registries, and disease registries. The disease registries segment accounted for the largest share of the patient registry software market in 2019. The large share of this segment can be attributed to the increase in the aging population, rising prevalence of chronic and rare & new diseases, growing awareness on the role of registries in health management, and the adoption of EHRs across the globe. Which is the leading end user for patient registry software market? Based on the end user, the patient registry software market is segmented into private payers; hospitals & medical practices; research centers; pharmaceutical, biotechnology, & medical device companies; and government organizations & TPAs. In 2019, the government organizations & TPAs segment accounted for the largest share of the global patient registry software market. The large share of this segment can be attributed to the emergence of the COVID-19 pandemic and the need for analyzing patient data for better population health management. Which is the leading type of functionality of patient registry software market? Based on type of functionality, the patient registry software market is segmented into population health management (PHM), patient care management, health information exchange (HIE), point of care, product outcome evaluation, and medical research & clinical studies. The population health management (PHM) segment accounted for the largest market share. The large share of this segment can be primarily attributed to the implementation of favorable regulations, such as the ACA in the US. Who are the key players operating in the patient registry software market? The patient registry software market is highly competitive and fragmented. The prominent players operating in this market include Phytel, Inc. (US), IQVIA Holdings, Inc. (US), OpenText Corporation (Canada), ImageTrend, Inc. (US), FIGmd, Inc. (US), Syneos Health Inc. (US) and McKesson Corporation (US). Which geographical region is dominating in patient registry software market? The patient registry software market is segmented into North America, Europe, the Asia Pacific, Latin America and Middle East and Africa. In 2019, North America dominated the patient registry software market, followed by Europe. However, the Asia Pacific market is estimated to register the highest CAGR during the forecast period. The growth of this market can be attributed to the large patient pool in the region, increasing prevalence of chronic diseases & disorders, outbreak of infectious diseases and changing lifestyle. .

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