Global Vision Technologies, Inc. (U.S.), ImageTrend, Inc. (U.S.), ifa systems AG (Germany), INC Research Holdings, Inc. (U.S.), McKesson Corporation (U.S.)
(PRWEB) January 14, 2015
A patient registry is a computerized database that uses observational study methods to collect and store patient information to evaluate specified outcomes for a population defined by a particular disease, condition, or drug/medical device exposure. Patient registries are focused on populations and designed to fulfill specific purposes defined before the data are collected and analyzed. This market is driven by several factors, including government initiatives for population health management across the globe, and the rising pressure on healthcare organizations to improve the quality of care and minimize healthcare costs and increase adoption of EHRs.
Browse 81 market data tables and 51 figures spread through 135 pages and in-depth TOC on "Patient Registry Software Market".
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The global patient registry software market is expected to reach $610.8 million by 2019 from $381.0 million in 2014, growing at a CAGR of 9.9% from 2014 to 2019.
The report segments this market on the basis of delivery model, product type, database type, functionality, and end user. Among various end users, the government organizations and TPAs segment is expected to account for the largest share in 2014. Government organizations and TPAs extensively use this software for population health management (PHM) and improving quality of care, which is a major reason for the high share of this end-user segment. The hospitals and medical practices end-user segment is expected to grow at the highest CAGR from 2014 to 2019, due to the increasing use of patient registry software for, and improvement of, quality care.
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Based on region, the global patient registry software market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the market by the end of 2014. The growth of this market is driven by factors such as increasing government initiatives for building patient registries, rising focus on patient care improvements, and increasing adoption of EHRs.
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Key players in the patient registry software market include Global Vision Technologies, Inc. (U.S.), ImageTrend, Inc. (U.S.), ifa systems AG (Germany), INC Research Holdings, Inc. (U.S.), McKesson Corporation (U.S.), Phytel, Inc. (U.S.), Quintiles Transnational Holdings, Inc. (U.S.), Optum, Inc. (U.S.), Telligen, Inc. (U.S.), and Velos, Inc. (U.S.), amongst others.
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