Middle East and Africa Patient Registry Software Market
No. of Pages: 127 | Report Code: TIPRE00022947 | Category: Technology, Media and Telecommunications
No. of Pages: 127 | Report Code: TIPRE00022947 | Category: Technology, Media and Telecommunications
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.
Economic uncertainties and ongoing conflicts are worsening the condition in the region. For instance, countries such as Syria, Libya, and Yemen are suffering violent conflict and cannot implement any public health measures. Iran was in deep economic recession due to the US sanctions. Also, the major source of economic stabilization in Middle East countries is oil production and export. However, the recent pandemic is causing turbulence to the economies of the Middle East region. A sudden drop in domestic and external demand for goods and products, especially crude oil, and halted production due to labor shortage, are major impacts observed in the region. Though, countries such as UAE, Saudi Arabia, and Turkey are focusing on the adoption of advanced patient data technologies, the market in rest of the countries are expected to witness considerable decline due to lack of healthcare infrastructure. Additionally, tightened financial condition is also decreasing the economic activities in the region. Since the beginning of 2020, the COVID-19 pandemic has caused enormous health, social and economic impacts, which is likely to continue in 2021. Even after some of these impacts have been mitigated or contained, there will be medium- and longer-term consequences. With many healthcare institutions and laboratories under acute pressure, the market for patient registry software is expected to grow at a steady rate in the region.
Strategic insights for the Middle East and Africa 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$ 52.8 Million |
| Market Size by 2027 | US$ 112.6 Million |
| Global CAGR (2020 - 2027) | 11.4% |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2027 |
| Segments Covered |
By Software
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East and Africa 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 Middle East and Africa patient registry software market is expected to grow from US$ 52.8 million in 2020 to US$ 112.6 million by 2027; it is estimated to grow at a CAGR of 11.4% 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 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa Patient Registry Software Market is valued at US$ 52.8 Million in 2020, it is projected to reach US$ 112.6 Million by 2027.
As per our report Middle East and Africa Patient Registry Software Market, the market size is valued at US$ 52.8 Million in 2020, projecting it to reach US$ 112.6 Million by 2027. This translates to a CAGR of approximately 11.4% during the forecast period.
The Middle East and Africa 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 Middle East and Africa Patient Registry Software Market report:
The Middle East and Africa Patient Registry Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Patient Registry Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Patient Registry Software Market value chain can benefit from the information contained in a comprehensive market report.
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