Integrated Segment has the Largest Share of Software in the South and Central America Patient Registry Software Market during 2020-2027
According to this research study titled “South and Central America Patient Registry Software Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Software, Database, Type of Registry, Mode of Delivery, and Pricing Model,” the market is expected to reach US$ 98.0 million by 2027 from US$ 44.9 million in 2020; it is estimated to grow at a CAGR of 11.8% from 2020 to 2027. The report provides trends prevailing in the South and Central America patient registry software market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the development of digital health infrastructure and increasing use of patient registries are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the concerns associated with the patient data breach.
The COVID-19 is expected to result in the region's worst recession, causing a 9.1% contraction in regional GDP in 2020. This is expected to increase the number of poor up by 45 million and the extremely poor number by 28 million. The COVID- 19 pandemic is a critical test for the already overburdened and underfunded public healthcare systems of South and Central America. It suffers from severe inequalities. State-run hospitals and clinics are already overstressed by the treatment of vector-borne diseases and community-acquired infections and high rates of non-communicable diseases (NCDs). Also, the prevention and treatment of NCDs have been critically affected since the onset of the COVID-19 in the region, as per the Pan American Health Organization (PAHO). Before COVID-19, approximately 81% of all deaths in the region were due to NCDs. An estimated 62 million people live with diabetes, and 1.2 million live with cancer in South and Central America. Moreover, in South and Central America, the Gross Domestic Product (GDP) and central government healthcare expenditure are significantly lower than in developed countries. In 2018, as per the United Nations, Economic Commission for Latin America (CEPAL), 16 South American countries invested less than 4% of their GDP to healthcare. The consequences of a lack of investment in public healthcare systems are reflecting during the pandemic. The COVID-19 pandemic is exacerbating these inequalities by threatening the infrastructure and capacity of state-owned healthcare systems. Thus, the factors mentioned above are negatively impacting the growth of the market in the region.
The market for patient registry software market is segmented into software, database, type of registry, mode of delivery, and pricing model. In 2019, the integrated software segment accounted for the largest share of the South and Central America patient registry software market. The growth of this market is also attributed to the abilities for integrated software to facilitate informed decision-making, confer appropriate scale-up, capability to handle modern day software solutions, manage application program interface and others. Moreover, integrated software solutions eliminate the need for purchasing separate hardware components as they can be integrated with the existing computer systems, making them more cost-effective and user-friendly.
IQVIA Inc., Medstreaming, Open Text Corporation, LUMEDX, IBM Corporation, Mckesson Corporation, and Dacima Software Inc are among the leading companies in the South and Central America patient registry software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in March 2018, IQVIA and MDA, with the help of its advance technology and infrastructure, are aimed to improve the abilities and capabilities of the researchers and health care service providers. Thus, this collaboration will boost the research opportunities focused on the development of novel drugs. Besides, this union of two organizations is expected to benefit the expansion of the pilot registry, which was established by MDA in 2013.
The report segments the South and Central America Patient Registry Software market as follows:
By Software
By Database
By Type of Registry
By Mode of Delivery
By Pricing Model
By Country
The COVID-19 is expected to result in the region's worst recession, causing a 9.1% contraction in regional GDP in 2020. This is expected to increase the number of poor up by 45 million and the extremely poor number by 28 million. The COVID- 19 pandemic is a critical test for the already overburdened and underfunded public healthcare systems of South and Central America. It suffers from severe inequalities. State-run hospitals and clinics are already overstressed by the treatment of vector-borne diseases and community-acquired infections and high rates of non-communicable diseases (NCDs). Also, the prevention and treatment of NCDs have been critically affected since the onset of the COVID-19 in the region, as per the Pan American Health Organization (PAHO). Before COVID-19, approximately 81% of all deaths in the region were due to NCDs. An estimated 62 million people live with diabetes, and 1.2 million live with cancer in South and Central America. Moreover, in South and Central America, the Gross Domestic Product (GDP) and central government healthcare expenditure are significantly lower than in developed countries. In 2018, as per the United Nations, Economic Commission for Latin America (CEPAL), 16 South American countries invested less than 4% of their GDP to healthcare. The consequences of a lack of investment in public healthcare systems are reflecting during the pandemic. The COVID-19 pandemic is exacerbating these inequalities by threatening the infrastructure and capacity of state-owned healthcare systems. Thus, the factors mentioned above are negatively impacting the growth of the market in the region.
The market for patient registry software market is segmented into software, database, type of registry, mode of delivery, and pricing model. In 2019, the integrated software segment accounted for the largest share of the South and Central America patient registry software market. The growth of this market is also attributed to the abilities for integrated software to facilitate informed decision-making, confer appropriate scale-up, capability to handle modern day software solutions, manage application program interface and others. Moreover, integrated software solutions eliminate the need for purchasing separate hardware components as they can be integrated with the existing computer systems, making them more cost-effective and user-friendly.
IQVIA Inc., Medstreaming, Open Text Corporation, LUMEDX, IBM Corporation, Mckesson Corporation, and Dacima Software Inc are among the leading companies in the South and Central America patient registry software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in March 2018, IQVIA and MDA, with the help of its advance technology and infrastructure, are aimed to improve the abilities and capabilities of the researchers and health care service providers. Thus, this collaboration will boost the research opportunities focused on the development of novel drugs. Besides, this union of two organizations is expected to benefit the expansion of the pilot registry, which was established by MDA in 2013.
The report segments the South and Central America Patient Registry Software market as follows:
By Software
- Standalone
- Integrated
By Database
- Public
- Commercial
By Type of Registry
- Product Registry
- Disease Registry - Cardiovascular Disease Registry
- Health Service Registry
- Others
By Mode of Delivery
- On-Premises
- Cloud-Based
By Pricing Model
- Ownership
- Subscription
By Country
- South and Central America - Brazil
- Argentina
- Rest of South and Central America
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
1.3.1 Patient Registry Software Market - By Software
1.3.2 Patient Registry Software Market - By Database
1.3.3 Patient Registry Software Market - By Type of Registry
1.3.4 Patient Registry Software Market - By Mode of Delivery
1.3.5 Patient Registry Software Market - By Pricing Model
1.3.6 South and Central America Patient Registry Software Market - By Country
2. South and Central America Patient Registry Software Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Patient Registry Software Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Patient Registry Software Market- South and Central America PEST Analysis
4.3 Expert Opinion
5. South and Central America Patient Registry Software Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Development of Digital Infrastructure in Healthcare
5.1.2 Increasing Use of Patient Registries
5.2 Market Restraints
5.2.1 Threats of Data Breach
5.3 Market Opportunities
5.3.1 Emergence of Cloud-Based Patient Registries
5.4 Future Trends
5.4.1 Development of Registries for Medical Devices
5.5 Impact Analysis
6. Patient Registry Software Market - South and Central America Analysis
6.1 South and Central America Patient Registry Software Market Revenue Forecasts and Analysis
7. South and Central America Patient Registry Software Market Analysis and Forecasts To 2027 - By Software
7.1 Overview
7.2 Patient Registry Software Market Revenue Share, by Software (2019 and 2027)
7.3 Standalone
7.3.1 Overview
7.3.2 Standalone: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Integrated
7.4.1 Overview
7.4.2 Integrated: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
8. South and Central America Patient Registry Software Market Analysis and Forecasts To 2027 - By Database
8.1 Overview
8.2 Patient Registry Software Market, by Database, 2019 and 2027 (%)
8.3 Public
8.3.1 Overview
8.3.2 Public: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
9. South and Central America Patient Registry Software Market Analysis and Forecasts To 2027 - By Type of Registry
9.1 Overview
9.2 Patient Registry Software Market, by Type of Registry, 2019 and 2027 (%)
9.3 Product Registry
9.3.1 Overview
9.3.2 Product Registry: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
9.4 Disease Registry
9.4.1 Overview
9.4.2 Disease Registry: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
9.4.3 Cardiovascular Disease Registry
9.4.3.1 Overview
9.4.3.2 Cardiovascular Disease Registry: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4 Others
9.4.4.1 Overview
9.4.4.2 Others: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
9.5 Health Service Registry
9.5.1 Overview
9.5.2 Health Service Registry: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
10. South and Central America Patient Registry Software Market Analysis and Forecasts To 2027 - By Mode of Delivery
10.1 Overview
10.2 Patient Registry Software Market, by Mode of Delivery, 2019 and 2027 (%)
10.3 On Premise
10.3.1 Overview
10.3.2 On Premise: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
10.4 Cloud-Based
10.4.1 Overview
10.4.2 Cloud-Based: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
11. South and Central America Patient Registry Software Market Analysis and Forecasts to 2027- By Pricing Model
11.1 Overview
11.2 Patient Registry Software Market, by Pricing Model, 2019 and 2027 (%)
11.3 Subscription
11.3.1 Overview
11.3.2 Subscription: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
11.4 Ownership
11.4.1 Overview
11.4.2 Ownership: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
12. Patient Registry Software Market Revenue and Forecasts to 2027 - Geographical Analysis
12.1 South and Central America: Patient Registry Software Market
12.1.1 Overview
12.1.2 South and Central America: Patient Registry Software Market, by Country, 2019 & 2027 (%)
12.1.3 Argentina: Patient Registry Software Market - Revenue and Forecast to 2027 (USD Million)
12.1.3.1 Argentina: Patient Registry Software Market - Revenue and Forecast to 2027 (USD Million)
12.1.3.2 Argentina: Patient Registry Software Market, by Software, 2018-2027 (USD Million)
12.1.3.3 Argentina: Patient Registry Software Market, by Database, 2018-2027 (USD Million)
12.1.3.4 Argentina: Patient Registry Software Market, by Type of Registry, 2018-2027 (USD Million)
12.1.3.4.1 Argentina: Disease Registry Market, by Type, 2018-2027 (USD Million)
12.1.3.5 Argentina: Patient Registry Software Market, by Mode of Delivery, 2018-2027 (USD Million)
12.1.3.6 Argentina: Patient Registry Software Market, by Pricing Model, 2018-2027 (USD Million)
12.1.4 Brazil: Patient Registry Software Market - Revenue and Forecast to 2027 (USD Million)
12.1.4.1 Brazil: Patient Registry Software Market - Revenue and Forecast to 2027 (USD Million)
12.1.4.2 Brazil: Patient Registry Software Market, by Software, 2018-2027 (USD Million)
12.1.4.3 Brazil: Patient Registry Software Market, by Database, 2018-2027 (USD Million)
12.1.4.4 Brazil: Patient Registry Software Market, by Type of Registry, 2018-2027 (USD Million)
12.1.4.4.1 Brazil: Disease Registry Market, by Type, 2018-2027 (USD Million)
12.1.4.5 Brazil: Patient Registry Software Market, by Mode of Delivery, 2018-2027 (USD Million)
12.1.4.6 Brazil: Patient Registry Software Market, by Pricing Model, 2018-2027 (USD Million)
12.1.5 Rest of South and Central America: Patient Registry Software Market - Revenue and Forecast to 2027 (USD Million)
12.1.5.1 Rest of South and Central America: Patient Registry Software Market - Revenue and Forecast to 2027 (USD Million)
12.1.5.2 Rest of South and Central America: Patient Registry Software Market, by Software, 2018-2027 (USD Million)
12.1.5.3 Rest of South and Central America: Patient Registry Software Market, by Database, 2018-2027 (USD Million)
12.1.5.4 Rest of South and Central America: Patient Registry Software Market, by Type of Registry, 2018-2027 (USD Million)
12.1.5.4.1 Rest of South and Central America: Disease Registry Market, by Type, 2018-2027 (USD Million)
12.1.5.5 Rest of South and Central America: Patient Registry Software Market, by Mode of Delivery, 2018-2027 (USD Million)
12.1.5.6 Rest of South and Central America: Patient Registry Software Market, by Pricing Model, 2018-2027 (USD Million)
13. Impact Of COVID-19 Pandemic on South and Central America Patient Registry Software Market
13.1 South and Central America: Impact Assessment of COVID-19 Pandemic
14. Industry Landscape
14.1 Overview
14.2 Growth Strategies Done by the Companies in the Market, (%)
14.3 Organic Developments
14.3.1 Overview
14.4 Inorganic Developments
14.4.1 Overview
15. Company Profiles
15.1 IQVIA Inc.
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Medstreaming
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 Open Text Corporation
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 LUMEDX
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 IBM Corporation
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 McKESSON CORPORATION
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 Dacima Software Inc.
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
16. Appendix
16.1 About the Publisher
16.2 Glossary of TermsList of Tables
Table 1. Argentina Patient Registry Software Market, by Software - Revenue and Forecast to 2027 (USD Million)
Table 2. Argentina Patient Registry Software Market, by Database - Revenue and Forecast to 2027 (USD Million)
Table 3. Argentina Patient Registry Software Market, by Type of Registry - Revenue and Forecast to 2027 (USD Million)
Table 4. Argentina Disease Registry Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 5. Argentina Patient Registry Software Market, by Mode of Delivery - Revenue and Forecast to 2027 (USD Million)
Table 6. Argentina Patient Registry Software Market, by Pricing Model - Revenue and Forecast to 2027 (USD Million)
Table 7. Brazil Patient Registry Software Market, by Software - Revenue and Forecast to 2027 (USD Million)
Table 8. Brazil Patient Registry Software Market, by Database - Revenue and Forecast to 2027 (USD Million)
Table 9. Brazil Patient Registry Software Market, by Type of Registry - Revenue and Forecast to 2027 (USD Million)
Table 10. Brazil Disease Registry Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 11. Brazil Patient Registry Software Market, by Mode of Delivery - Revenue and Forecast to 2027 (USD Million)
Table 12. Brazil Patient Registry Software Market, by Pricing Model - Revenue and Forecast to 2027 (USD Million)
Table 13. Rest of South and Central America Patient Registry Software Market, by Software - Revenue and Forecast to 2027 (USD Million)
Table 14. Rest of South and Central America Patient Registry Software Market, by Database - Revenue and Forecast to 2027 (USD Million)
Table 15. Rest of South and Central America Patient Registry Software Market, by Type of Registry - Revenue and Forecast to 2027 (USD Million)
Table 16. Rest of South and Central America Disease Registry Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 17. Rest of South and Central America Patient Registry Software Market, by Mode of Delivery - Revenue and Forecast to 2027 (USD Million)
Table 18. Rest of South and Central America Patient Registry Software Market, by Pricing Model - Revenue and Forecast to 2027 (USD Million)
Table 19. Organic Developments Done by Companies
Table 20. Inorganic Developments Done by Companies
Table 21. Glossary of Terms, Patient Registry Software MarketList of Figures
Figure 1. Patient Registry Software Market Segmentation
Figure 2. South and Central America Patient Registry Software Market Overview
Figure 3. Integrated Segment Held Largest Share of Software in Patient Registry Software Market
Figure 4. Brazil is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Patient Registry Software Market - South and Central America PEST Analysis
Figure 6. Patient Registry Software Market Impact Analysis of Driver and Restraints
Figure 7. South and Central America Patient Registry Software Market - Revenue Forecasts and Analysis - 2019- 2027
Figure 8. Patient Registry Software Market Revenue Share, by Software (2019 and 2027)
Figure 9. Standalone: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 10. Integrated: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 11. Patient Registry Software Market, by Database, 2019 and 2027 (%)
Figure 12. Public: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 13. Commercial: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 14. Patient Registry Software Market, by Type of Registry, 2019 and 2027 (%)
Figure 15. Product Registry: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 16. Disease Registry: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 17. Cardiovascular Disease Registry: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 18. Others: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 19. Health Service Registry: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 20. Patient Registry Software Market, by Mode of Delivery, 2019 and 2027 (%)
Figure 21. On Premise: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 22. Cloud-Based: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 23. Patient Registry Software Market, by Pricing Model, 2019 and 2027 (%)
Figure 24. Subscription: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 25. Ownership: Patient Registry Software Market - Revenue and Forecast to 2027 (US$ Million)
Figure 26. South and Central America: Patient Registry Software Market, by Key Country - Revenue (2019) (USD Million)
Figure 27. South and Central America: Patient Registry Software Market, by Country, 2019 & 2027 (%)
Figure 28. Argentina: Patient Registry Software Market - Revenue and Forecast to 2027 (USD Million)
Figure 29. Brazil: Patient Registry Software Market - Revenue and Forecast to 2027 (USD Million)
Figure 30. Impact of COVID-19 Pandemic in South and Central America Country Markets
Figure 31. Growth Strategies Done by the Companies in the Market, (%)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- IQVIA Inc.
- Medstreaming
- Open Text Corporation
- LUMEDX
- IBM Corporation
- Mckesson Corporation
- Dacima Software Inc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 119 |
| Published | June 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 44.9 Million |
| Forecasted Market Value ( USD | $ 98 Million |
| Compound Annual Growth Rate | 11.8% |
