Master Patient Index Software Market: Increase in adoption of patient record management software to drive the market

A master patient index software (MPI) refers to patient master index, patient registry, and client registry. It is an electronic database system that holds demographic patient information.

Master Patient Index Software Market: Introduction

  • A master patient index software (MPI) refers to patient master index, patient registry, and client registry. It is an electronic database system that holds demographic patient information. Benefits of MPI are elimination of duplicate patient registration entries and maintenance of a central registry of all patients.

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Global Master Patient Index Software Market: Key Trends

  • The global master patient index software market is driven by a shift toward paperless data management system and cost-effective cloud-based technologies for patient data management. Moreover, adoption of health care data management software has increased for the benefit of health care organizations, medical practitioners, and for patient welling and health.
  • Increase in adoption of patient record management software and solution for improving patient compliance and effective healthcare management are projected to drive the global master patient index software market during the forecast period
  • A master patient index software ensures data integrity with minimum duplicate records. This is projected to drive the global master patient index software market in the next few years.

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Global Master Patient Index Software Market Segmentation

  • In terms of type, the global master patient index software market can be bifurcated into software and services
  • Based on deployment mode, the global master patient index software market can be classified into cloud-based and on-premises. The cloud-based segment is projected to grow at a rapid pace during the forecast period. Adoption of cloud-based technologies will help to simplify the patient data management process.
  • In terms of end-user, the global master patient index software market can be divided into healthcare organizations, hospitals, clinics, and others. The healthcare organizations segment accounted for major share of the global master patient index software market in 2020. This is attributed to increase in database management software and services for large organization.

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North America accounted for Major Share of Global Market

  • North America is projected to dominate the global master patient index software market during the forecast period due to presence of advanced healthcare systems and high adoption of advanced technology to maintain patient master index & patient registry
  • Majority of market players, research institutes, and academic centers in the region focus on adopting patient data for clinical studies. This factor is anticipated to drive the master patient index software market in North America during the forecast period.

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