Patient Registry Software Market is Growing Exponentially in Order to Gain More Demand by 2026
The patient registry
is a collection of data about the individuals with a specific
diagnosis or with the specific risk factors for a disease. Patient
registry have various uses such as, to establish characteristics of
the disease, monitoring of treatment, and management in clinics.
These patient registry software are configurable and offers
unparalleled flexibility allowing user to design databases according
to data collection needs. These registries are global online
databases designed to look for patterns in treatment and diagnostics
that can lead to improved treatment options and outcomes for the
patients. These software based patient registries are easily
accessible online as well as offline. Social network of patients and
families encouraged to engage in the patient’s healthcare and
supported by tools that enable them to track their health outcomes
and support self-care.
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Market Dynamics
The use of new
technology increases in the clinical research and medical practice,
patient registries are positioned to leverage the innovations to
support everyday data collection. Especially, digital health and
e-health are emerging as an important trend.
Health care systems
costs in developed countries are rising, due to introduction of
advanced medical technology and hospital care. Moreover, rapid
adoption of smart phones and health sensors worn on the body, provide
access to data on wide range of physiological, biological information
about the patient to hospitals and health providers for better
treatment solutions. These factors are playing a vital role in
propelling growth of the patient’s registry software market.
Registry software are providing ideal patient care in hospitals and
various clinics, the physicians are able to maximize the treatment
output with the real time monitoring maximizes the healthcare output.
Increasing burden
of various chronic disease around the globe is expected to drive
growth of the global patient registry software market
Increasing
prevalence of various chronic diseases such as HIV, cancer,
tuberculosis, and influenza around the world is expected to propel
the market growth of global patient registry software significantly.
For instance, according to the World Health Organization fact sheet
of 2018, cancer was responsible for 8.8 million deaths in 2015,
globally. Moreover, World Health Organization report of 2017 showed
around 1.0 million deaths occurred due to HIV related illnesses
worldwide. These factors are propelling growth of the patient’s
registry software market.
Registry software
aid in improving patient care in hospitals and various clinics, as
physicians are able to maximize the treatment output with real-time
monitoring, which maximizes the healthcare output. Patient registry
software aids in maintaining patient records, which helps in better
health care delivery.
Increasing
adoption of patient registries by government organizations is
expected to significantly impact growth of the market
For instance,
According to North American Association of Central Cancer Registries
(NAACCR) 2018, Nine Canadian (8 Provinces and 1 territory) and 55
U.S. registries (49 states, Puerto Rico, and 4 metropolitan and 1
regional registry) were certified by NAACCR. The percentage of the
North American population that is covered by high quality certified
registries for 2018 is approximately 93%.
The insights in
patient’s registry data can be useful for policymakers, for
demonstrating that the particular service or item was provided
properly to the patients meeting the specific characteristics, and to
collect new information, which was not available in the existing
clinical trials and research. The creation of disease specific data
registries has been recommended for improving patient care. The use
of registries to assess performance of health sector or risk-sharing
arrangement is increasing in countries such as France, the U.K.,
Australia, and Germany. This is also expected to further support
growth of the market.
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Key players
operating in the patient registry software market are Global Vision
Technologies, Inc., Quintiles Inc., Dacima Software Inc.,
PatientCrossroads, Evado eClinical Solutions, Mckesson Corporation,
Liaison Technologies, and Imagetrend, Inc.
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