Middle East and Africa Patient Registry Software Market

Market Introduction

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.

Market Overview and Dynamics

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.

Key Market Segments

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.

Major Sources and Companies Listed

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., Medstreaming, Open Text Corporation, LUMEDX, IBM Corporation, Mckesson Corporation, and Dacima Software Inc.

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MIDDLE EAST AND AFRICA PATIENT REGISTRY SOFTWARE MARKET SEGMENTATION

By Software

• Standalone
• Integrated

By Database

• Public
• Commercial

By Type of Registry

• Product Registry
• Disease Registry
  • Cardiovascular Disease Registry
  • Others
• Health Service Registry

By Mode of Delivery

• On-Premises
• Cloud-Based

By Pricing Model

• Ownership
• Subscription

By Country

• Middle East and Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of Middle East and Africa

Companies Mentioned

1. IQVIA Inc.
2. Medstreaming
3. Open Text Corporation
4. LUMEDX
5. IBM Corporation
6. Mckesson Corporation
7. Dacima Software Inc

Middle East and Africa Patient Registry Software Market Strategic Insights

Middle East and Africa Patient Registry Software Market Segmentation Analysis

Middle East and Africa Patient Registry Software Market Report Highlights

Middle East and Africa Patient Registry Software Report Scope

Middle East and Africa Patient Registry Software Market Country and Regional Insights