#Patient #Registry #Software #Market #Expected #Reach #USD
Portland, OR, Oct. 10, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the Global Patient Registry Software Market generated $993.3 million in 2021, and is estimated to reach $2.50 billion by 2031, witnessing a CAGR of 9.7% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Market Size in 2031 | $2.50 Billion |
| CAGR | 9.7% |
| No. of Pages in Report | 339 |
| Segments covered | Registry Type, Software Type, Functionality, End User, and Region |
| Drivers | Increase in the usage of electronic health records (EHRs) |
| Rise in prevalence of chronic diseases | |
| Increase in government support for healthcare | |
| Surge in usage of the stored data for post-marketing surveillance | |
| Rise in government initiatives to build patient registries | |
| Increase in potential benefits of patient registry in hospitals and research organizations | |
| Surge in geriatric population | |
| Opportunities | Increase in awareness regarding technologies |
| Restraints | Concerns regarding lack of maintenance of important private data security and dearth of skilled resources |
Covid-19 Scenario:
- The COVID-19 pandemic had a positive impact on the patient registry software industry, owing to the increased usage of patient registry software for tracking patients’ and vaccines supply information.
- Due to the rise in the number of COVID-19 patients, healthcare providers faced challenges regarding providing vaccines and products to patients. The registry software helped…
Read on GNW: Patient Registry Software Market is Expected to Reach USD
