Patient registries have become increasingly popular over the past few years. If you analyze the rise of the patient registry software market, you can easily see the positive forecasts that give an insight into the scope of this effective tool in medicine.
Drivers of Patient Registry Software Market Growth
Research shows that the patient registry software market is expected to rise a whopping 11.08%. What is cited behind this rise?
Seeing the positive impact of patient registries, the government has started many initiatives to build patient registries in improving the care that is relayed to patients. These initiatives stem from evidence that patient registries do have a significant impact in improving drug development, patient outcomes and devising better treatment plans.
Rise of Digital Health Records
There has been a rise in electronic health records (EHR), which has helped develop familiarity with digital records. In any case, manual records have been rendered less reliable because there is a risk of human error. There is also the possibility of misplacement and lack of storage for these huge records. With this paradigm shift, web-based data collection records have become popular and more acceptable. Since there are shortcomings to EHR, patient registries have panned out to be a more practical and effective tool.
There have previously been major security concerns related to data. There are privacy issues and breaches like theft of data that are associated with medical information technology. This issue is relatively less severe with patient registries software as long as you are employing the right patient registry software solution.
Scope of Patient Registry Software Market
There are several types of different registries available, explaining their popularity. These include rare disease registries, health service registries and general patient registries. There are many end-users who can benefit from the use of patient registries, including hospitals, clinics, medical researchers, pharmaceuticals and medical device companies. Since patient registries can collect and make use of such variations in data, they can be used by a host of different medical stakeholders.
Analytics and Reports
Market trends and research shows that the market is expected to rise over the next 5 years. According to research, Asia Pacific is the highest growing region in the segment. However, currently, North America has the highest share in the patient registry software market.
Even amidst the patient registry market, integrated software holds a large segment in comparison to stand-alone software.
Top Patient Registry System Solutions
There are several key players in the registry software market, out of which ClinicalPURSUIT has gathered major popularity. It is touted as a flexible, integrated software solution that can easily incorporate into your many different clinical and patient driven settings. With high-security controls and the ability to be shared with one centralized process, this is one of the best patient registry software solutions available.