Patient Registry Software Market - Size, Share, Outlook, and Analysis, 2018–2026
Posted: Apr 21, 2019
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. 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.
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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 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.
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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.
Major market players are focusing on introduction of innovative products for improving hospital patient registry work flow and clinical outcomes. This is expected to boost growth of the market. For instance, in March 2018, Rush University Medical Center in Chicago launched a cloud-based surgical oncology research team (SORT) registry. SORT is designed to function across multicenter platforms to gather psychosocial, oncological, and functional outcome data. Its cloud based registry provides a research platform that enables the user’s institution to gather their own data while partnering with other organization.
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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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