The global patient registry software market is estimated to account for US$ 1,540.9 Mn in terms of value in 2020, and is expected to reach US$ 3,116.9 Mn by the end of 2027.
North America held dominant position in the global patient registry software market in 2019, accounting for 45.8% share in terms of value, followed by Europe and Asia Pacific, respectively.
Figure 1. Global Patient Registry Software Market Share (%) Value, by Region, 2019
The global patient registry software market was valued at US$ 1,390.5 Mn in 2019 and is forecast to reach a value of US$ 3,116.9 Mn by 2027 at a CAGR of 10.6% between 2020 and 2027.
Figure 2. Global Patient Registry Software Market Value (US$ Mn), and Y-o-Y Growth (%), 2019-2027
Market Trends/Key Takeaways
In Europe, increasing prevalence of diabetes is expected to boost demand for PRS. For instance, according to Diabetes UK, over five million people will suffer from diabetes in the U.K. by 2025.
Increasing adoption of mHealth services such as monitoring services, diagnostic services, preventive services, treatment services, research processes, emergency response services, and doctor assistance services, is also expected to aid in growth of the market.
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