Patient Registry Software Market Size, Share, Growth, Trends, and Global Industry Analysis: By Software Type (Stand-alone Software and Integrated Software), By Pricing Model (Subscription Model and Ownership Model), By Functionality (Patient Care Management, Point-of-Care, Product Outcome Evaluation, Population Health Management (PHM), Health Information Exchange, Medical Research and Clinical Studies), By Deployment Model (On-premise Model, Cloud-based Model), By Registry Type (Health Service Registries, Disease Registries, Product Registries) By End User (Hospitals, Research Centers, and Others), and Region

Patient Registry Software Market size was valued at US$ 932.20 million in 2023 and is expected to reach US$ 2,243.58 million by 2030, at a significant CAGR of 12.8% from 2024-2030. Growth of the market for electronic health records (EHRs) as well as several advantageous aspects including tracking list of a medical problem with the patient, management of data of results, or active surveillance system will boost the market growth in coming, owing to lifestyles with population increase with chronic diseases such as cancer, cardiovascular disorders, or others, and ramping up the need of systems to function enormous healthcare statistics are the major driving factors for the market, whereas rising demand for electronic health records (EHRs) and several advantageous factors such as tracking the history of a medical problem with the patient, management of data.

Moreover, the risk of data breach and a scarcity of qualified IT workers for effectively operating systems are constraining factors for the industry, while high installation and maintenance costs, along with the risk of data theft, would be a difficult element to overcome in the coming years. Furthermore, an increase in clinical studies involving patient data is projected to provide profitable prospects. For the advancement of patient care, patient registry databases are being used to create clinical research in the field of uncommon and chronic illnesses. These databases are critical for determining the viability of clinical trials and assisting with patient recruitment procedures to analyze the impact of new therapies. Patient registry databases are used in healthcare institutions such as hospitals and nursing homes to gather and maintain patient information to characterize certain disorders or medical problems. To fuel development avenues in the approaching years, the major players in the market are implementing a variety of techniques. Major corporations use strategic alliances, mergers, product approvals, partnerships, regional expansion, novel product releases, and acquisitions to produce market expansion prospects.

Key Developments

• In March 2016, edstreaming, a leading provider of innovative healthcare cardiovascular and radiology workflow software solutions has acquired registry software vendor M2S