Europe Patient Registry Software Market
A patient registry is the database that collects uniform data about a population of disease or condition, and that aids a predefined clinical or scientific. Patient registry software contains databases that are maintained through collection of secondary data related to diagnosis, procedure, or condition of patient, for noting the number of new medical devices being used or going through a new procedure. The patient registry software plays a crucial role in post-marketing surveillance of pharmaceuticals.
Thus, a development of digital infrastructure in healthcare is expected to create a significant demand for patient registry software in the coming years, which is further anticipated to drive the patient registry software market.
Due to the second wave of COVID-19 cases, the government of many countries is working towards scaling up testing capacity. Many pharmaceutical companies in the region are actively engaged in the development of COVID-19 vaccine. Some have donated potential compound to be used for emergency use and clinical trials, including compounds formerly tested on other viral pathogens such as Ebola. Many companies are utilizing existing technologies that provide the ability to rapidly upscale production once a potential vaccine candidate is identified. Pharmaceutical companies are prioritizing research and development of COVID-19 related diagnostics, treatments, health technologies and vaccines. Moreover, companies and research centers are focusing on utilization of smart technologies to gather patient data, which will enable them to generate insights and take data-driven decisions. In March 2020, the German Society of Infectious Diseases (DGI) announced the launch of a European patient registry in order to gather and analyze clinical data of covid-19 infected patients. Moreover, the software offers significant level of anonymity, enabling patients to practice their right to privacy. Preference for adoption of such technologies offers a favorable environment for growth of Europe patient registry software market during the forecast period.
Strategic insights for the Europe Patient Registry Software provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 355.4 Million |
| Market Size by 2027 | US$ 820.4 Million |
| Global CAGR (2020 - 2027) | 12.7% |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2027 |
| Segments Covered |
By Software
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Patient Registry Software refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe patient registry software market is expected to grow from US$ 355.4 million in 2020 to US$ 820.4 million by 2027; it is estimated to grow at a CAGR of 12.7% from 2020 to 2027. Cloud-based or web-based electronic health records (EHRs) have been used by independent physicians since the past few years. Various organizations are establishing and developing cloud-based registries for multiple medical conditions and procedures. For instance, the Orphan Disease Center collaborated with Pulse Infoframe—a medical informatics company—to build a suite of rare disease patient registries on cloud-based technologies. The emergence of similar cloud-based patient registries is expected to offer lucrative opportunities for the global patient registry software market players during the forecast period.
In terms of software, the integrated segment accounted for the largest share of the Europe patient registry software market in 2019. In terms of database, the commercial segment held a larger market share of the patient registry software market in 2019. In terms of type of registry, the disease registry segment held a larger market share of the patient registry software market in 2019. In terms of mode of delivery, the cloud-based segment held a larger market share of the patient registry software market in 2019. In terms of pricing model, the subscription segment held a larger market share of the patient registry software market in 2019.
A few major primary and secondary sources referred to for preparing this report on the patient registry software market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are IQVIA Inc.
By Software
By Database
By Type of Registry
By Mode of Delivery
By Pricing Model
By Country
The Europe Patient Registry Software Market is valued at US$ 355.4 Million in 2020, it is projected to reach US$ 820.4 Million by 2027.
As per our report Europe Patient Registry Software Market, the market size is valued at US$ 355.4 Million in 2020, projecting it to reach US$ 820.4 Million by 2027. This translates to a CAGR of approximately 12.7% during the forecast period.
The Europe Patient Registry Software Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Patient Registry Software Market report:
The Europe Patient Registry Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Patient Registry Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Patient Registry Software Market value chain can benefit from the information contained in a comprehensive market report.
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