Patient Registry Software Market Size 2021 Global Demand, Business Opportunities and COVID-19 Scenario Analysis
The patient registry software market is expected to witness a CAGR of 11.3% during the forecast period. Certain factors that are driving the market growth include implementation of government initiatives to build patient registries, rising adoption of electronic health records (EHR), and increasing use of patient registry data for post-marketing surveillance. Due to the current improved outcomes and quality of care in the 21st century, industry players around the world are searching for creative and cost-effective ways to deliver patient-centered, technology-enabled healthcare solutions, both inside and outside hospital walls. Electronic health records were able to attract interest from government sources due to widespread uses, both clinical and non-clinical. In order to witness progress in healthcare services, many federal policies initiatives, and programs are being implemented by governments in developed and developing countries all over the world. As a result, the increasing adoption has contributed to the growth of the global patient registry software market.
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North America dominated the
global market and is expected to maintain its position as the global leader
during the forecasted period. In the United States, digital infrastructure
development for healthcare and electronic health record adoption started
earlier. For example, within the country, the federal government has been
encouraging the use of its healthcare data through various policies and initiatives.
The majority of the growth is anticipated to be fueled by the public sector
spending, specifically by Medicare and Medicaid. Medicaid and social security
are expected to exceed government revenues. Thus, the growing investments in
the healthcare sector are likely to drive product innovation and technology
acceptance, which in turn, may propel the healthcare IT market in the region.
Competitive Landscape
The report provides both,
qualitative and quantitative research of patient registry software market, as
well as provides comprehensive insights and development methods adopted by the
key contenders. The report also offers extensive research on the key players in
this market and details on the competitiveness of these players. Key business
strategies such as mergers and acquisitions (M&A), affiliations,
collaborations, and contracts adopted by these major market participants are
also recognized and analysed in the report. For each company, the report
studies their global presence, competitors, service offerings and specification
amongst others.
Patient Registry Software Market:
Nordic Countries: (Denmark, Finland, Iceland, Sweden, Norway)
Southeast Asia: (Indonesia, Thailand, Singapore)
Rest of Southeast Asia
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