Patient Registry Software Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction
Patient registry software represents a critical component of modern healthcare data management, designed to systematically collect, store, and analyze patient data for specific diseases, treatments, or medical devices. These sophisticated platforms enable healthcare organizations to track patient outcomes, monitor treatment effectiveness, conduct longitudinal studies, and support regulatory compliance requirements. The software encompasses comprehensive data collection capabilities, advanced analytics tools, and interoperability features that facilitate seamless integration with electronic health records and other healthcare information systems. Patient registry software serves as the backbone for evidence-based medicine, clinical research, population health management, and quality improvement initiatives across diverse healthcare settings.
The technology has evolved significantly with the integration of artificial intelligence, machine learning algorithms, and cloud-based architectures, enabling real-time data processing, predictive analytics, and enhanced security measures. Modern patient registry platforms support multi-site data collection, standardized data formats, and automated reporting mechanisms that streamline regulatory submissions and clinical decision-making processes.
Market Size and Growth Forecast
The global patient registry software market is projected to reach between USD 1.0 billion and USD 2.0 billion in 2025, with a compound annual growth rate ranging from 7% to 13% through 2030. This growth trajectory reflects the increasing emphasis on value-based care, regulatory requirements for post-market surveillance, and the growing adoption of digital health technologies across healthcare organizations worldwide.
Regional Analysis
North America maintains market leadership, driven by robust healthcare infrastructure, extensive regulatory requirements from the FDA and CDC, and significant investments in healthcare technology. The United States dominates with widespread adoption across academic medical centers, integrated health systems, and pharmaceutical companies conducting post-market surveillance studies. Canada demonstrates steady growth with focus on provincial health data initiatives and clinical quality improvement programs.
Europe represents a substantial market share, with Germany, the United Kingdom, and France leading adoption rates. The European Medicines Agency's emphasis on real-world evidence and the implementation of the Medical Device Regulation have accelerated demand for comprehensive patient registry solutions. Nordic countries show particularly high penetration rates due to their advanced healthcare digitization initiatives and population-based health registries.
Asia Pacific exhibits the highest growth potential, with China and India experiencing rapid expansion driven by healthcare system modernization, increasing clinical research activities, and government initiatives promoting digital health adoption. Japan maintains strong demand for precision medicine applications and device registries, while Australia and South Korea demonstrate sophisticated implementation of population health management systems.
The Rest of the World, including Latin America and the Middle East, shows emerging growth opportunities as healthcare systems invest in digital infrastructure and regulatory bodies establish data collection requirements for medical device and pharmaceutical surveillance.
Application Analysis
Hospitals and Medical Practices represent the largest application segment with projected growth rates of 8% to 14%, driven by increasing focus on quality metrics, patient safety initiatives, and value-based care contracts. These organizations leverage patient registry software for clinical quality improvement, outcome measurement, and regulatory reporting requirements. The trend toward integrated health systems and accountable care organizations further accelerates adoption as providers seek comprehensive tools for population health management.
Research Organizations demonstrate strong growth potential with estimated expansion rates of 9% to 15%, reflecting increased funding for clinical research, emphasis on real-world evidence generation, and collaborative multi-site studies. Academic medical centers and contract research organizations utilize these platforms for patient recruitment, longitudinal follow-up, and regulatory submissions for investigational products.
Government and Third-Party organizations show steady growth of 7% to 12%, encompassing public health agencies, regulatory bodies, and healthcare quality organizations that require comprehensive data collection for surveillance, policy development, and healthcare system performance monitoring. The expansion of government-sponsored registries for chronic disease management and medical device surveillance drives sustained demand.
Private Payers exhibit growing adoption rates of 8% to 13% as insurance companies and managed care organizations seek tools for risk stratification, outcome measurement, and provider performance assessment. The shift toward value-based payment models and emphasis on member health outcomes necessitate sophisticated data collection and analytics capabilities.
Pharmaceutical and Medical Device Companies represent a high-growth segment with projected expansion of 10% to 16%, driven by regulatory requirements for post-market surveillance, real-world evidence generation, and drug safety monitoring. These organizations utilize patient registry software for clinical trial data management, pharmacovigilance activities, and health economic outcomes research.
Type Analysis
Health Service Registries demonstrate robust growth potential with estimated expansion rates of 8% to 13%, focusing on healthcare delivery quality, provider performance, and patient satisfaction metrics. These registries track service utilization patterns, treatment pathways, and healthcare resource allocation, supporting healthcare system optimization and policy development initiatives.
Disease Registries represent the most established segment with projected growth of 7% to 12%, encompassing comprehensive databases for specific medical conditions such as cancer, cardiovascular disease, and rare disorders. The emphasis on precision medicine, genetic research, and long-term outcome studies drives continued investment in sophisticated disease registry platforms that support multi-institutional collaboration and standardized data collection protocols.
Product Registries show significant growth momentum with anticipated expansion rates of 9% to 14%, reflecting increasing regulatory requirements for medical device surveillance, implant tracking, and pharmaceutical product monitoring. These registries support post-market safety surveillance, device performance assessment, and regulatory compliance for manufacturers and healthcare providers.
Key Market Players
IQVIA Holdings leads the market with comprehensive clinical research and real-world evidence platforms, leveraging extensive healthcare data networks and advanced analytics capabilities to support pharmaceutical and medical device companies in regulatory submissions and post-market surveillance activities.
Oracle provides enterprise-grade healthcare data management solutions with robust security features, scalability, and integration capabilities that support large health systems and research organizations in managing complex patient registry requirements.
IBM Corporation offers advanced artificial intelligence and cloud-based platforms that enable sophisticated data analytics, natural language processing, and machine learning applications for clinical research and population health management.
Health Catalyst specializes in healthcare analytics and data warehousing solutions, providing integrated platforms that combine patient registry functionality with advanced clinical decision support and quality improvement tools.
Dassault Systèmes brings engineering and simulation expertise to healthcare, offering innovative approaches to clinical trial design, patient modeling, and regulatory submission processes through their life sciences platform.
UnitedHealth Group leverages its extensive healthcare network and data resources to provide comprehensive registry solutions that support value-based care initiatives and population health management programs.
Elekta focuses on oncology-specific registry solutions, supporting radiation therapy outcome tracking and cancer care quality improvement initiatives across global healthcare networks.
Syneos Health combines clinical research expertise with technology platforms to deliver comprehensive patient registry solutions for pharmaceutical and medical device companies conducting post-market studies and real-world evidence generation.
Porter's Five Forces Analysis
Threat of New Entrants remains moderate due to significant barriers including regulatory compliance requirements, data security standards, and the need for extensive healthcare domain expertise. However, cloud-based technologies and software-as-a-service models have lowered some entry barriers, enabling specialized vendors to enter niche market segments with innovative solutions.
Threat of Substitutes is low as patient registry software serves unique regulatory and clinical research requirements that cannot be adequately addressed by generic database solutions or electronic health records alone. The specialized functionality for clinical data management, regulatory reporting, and multi-site coordination creates strong differentiation from alternative technologies.
Bargaining Power of Buyers varies significantly, with large healthcare systems and pharmaceutical companies possessing substantial negotiating power due to their size and purchasing volume. However, regulatory requirements and the specialized nature of patient registry software limit buyers' ability to substitute products, providing vendors with some pricing protection.
Bargaining Power of Suppliers is low due to the availability of multiple technology components, cloud infrastructure providers, and third-party services required for patient registry software development and deployment. The standardization of underlying technologies reduces supplier concentration and dependency risks.
Competitive Rivalry is high among established players competing on functionality, ease of use, regulatory compliance features, and integration capabilities. The market demonstrates significant innovation in artificial intelligence, real-world evidence generation, and patient engagement technologies, intensifying competition for market share and customer retention.
Market Opportunities and Challenges
Opportunities
The increasing emphasis on real-world evidence generation creates substantial growth opportunities as regulatory agencies globally accept registry data for drug approvals and medical device clearances. The FDA's Real-World Evidence Program and similar initiatives in Europe and Asia drive sustained demand for sophisticated patient registry platforms capable of supporting regulatory submissions.
Artificial intelligence and machine learning integration presents significant opportunities for enhanced data analytics, predictive modeling, and automated data quality assessment. These technologies enable more efficient patient identification, outcome prediction, and treatment optimization, creating competitive advantages for vendors investing in advanced analytics capabilities.
The expansion of value-based care models drives demand for comprehensive outcome measurement and risk stratification tools that patient registry software can provide. Healthcare organizations require sophisticated platforms to demonstrate value, manage population health, and optimize treatment protocols based on real-world outcomes data.
Rare disease research represents a high-growth opportunity as patient advocacy organizations, pharmaceutical companies, and regulatory agencies collaborate to establish comprehensive registries for conditions with limited treatment options and small patient populations.
Challenges
Data privacy and security concerns present ongoing challenges as healthcare organizations must comply with evolving regulations such as GDPR, HIPAA, and regional data protection requirements while maintaining the functionality and accessibility necessary for clinical research and quality improvement initiatives.
Interoperability challenges persist as healthcare organizations utilize diverse electronic health record systems, laboratory information systems, and clinical data repositories that must integrate seamlessly with patient registry platforms to ensure comprehensive data collection and minimize manual data entry requirements.
High implementation costs and complex deployment processes can limit adoption among smaller healthcare organizations and research institutions with limited technology budgets and implementation resources. The need for extensive staff training and workflow modifications presents additional barriers to market expansion.
Regulatory complexity varies significantly across global markets, requiring patient registry software vendors to maintain compliance with diverse requirements while providing standardized functionality that supports multi-national research initiatives and regulatory submissions.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Patient Registry Software Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Patient Registry Software Market in North America (2020-2030)
8.1 Patient Registry Software Market Size
8.2 Patient Registry Software Market by End Use
8.3 Competition by Players/Suppliers
8.4 Patient Registry Software Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Patient Registry Software Market in South America (2020-2030)
9.1 Patient Registry Software Market Size
9.2 Patient Registry Software Market by End Use
9.3 Competition by Players/Suppliers
9.4 Patient Registry Software Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Patient Registry Software Market in Asia & Pacific (2020-2030)
10.1 Patient Registry Software Market Size
10.2 Patient Registry Software Market by End Use
10.3 Competition by Players/Suppliers
10.4 Patient Registry Software Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Patient Registry Software Market in Europe (2020-2030)
11.1 Patient Registry Software Market Size
11.2 Patient Registry Software Market by End Use
11.3 Competition by Players/Suppliers
11.4 Patient Registry Software Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Patient Registry Software Market in MEA (2020-2030)
12.1 Patient Registry Software Market Size
12.2 Patient Registry Software Market by End Use
12.3 Competition by Players/Suppliers
12.4 Patient Registry Software Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Patient Registry Software Market (2020-2025)
13.1 Patient Registry Software Market Size
13.2 Patient Registry Software Market by End Use
13.3 Competition by Players/Suppliers
13.4 Patient Registry Software Market Size by Type
Chapter 14 Global Patient Registry Software Market Forecast (2025-2030)
14.1 Patient Registry Software Market Size Forecast
14.2 Patient Registry Software Application Forecast
14.3 Competition by Players/Suppliers
14.4 Patient Registry Software Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 IQVlA Holdings
15.1.1 Company Profile
15.1.2 Main Business and Patient Registry Software Information
15.1.3 SWOT Analysis of IQVlA Holdings
15.1.4 IQVlA Holdings Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Oracle
15.2.1 Company Profile
15.2.2 Main Business and Patient Registry Software Information
15.2.3 SWOT Analysis of Oracle
15.2.4 Oracle Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 IBM
15.3.1 Company Profile
15.3.2 Main Business and Patient Registry Software Information
15.3.3 SWOT Analysis of IBM
15.3.4 IBM Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Global Vision Technologies
15.4.1 Company Profile
15.4.2 Main Business and Patient Registry Software Information
15.4.3 SWOT Analysis of Global Vision Technologies
15.4.4 Global Vision Technologies Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Health Catalyst
15.5.1 Company Profile
15.5.2 Main Business and Patient Registry Software Information
15.5.3 SWOT Analysis of Health Catalyst
15.5.4 Health Catalyst Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 MRO
15.6.1 Company Profile
15.6.2 Main Business and Patient Registry Software Information
15.6.3 SWOT Analysis of MRO
15.6.4 MRO Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Dassault Systèmes
15.7.1 Company Profile
15.7.2 Main Business and Patient Registry Software Information
15.7.3 SWOT Analysis of Dassault Systèmes
15.7.4 Dassault Systèmes Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 EvidentlQ
15.8.1 Company Profile
15.8.2 Main Business and Patient Registry Software Information
15.8.3 SWOT Analysis of EvidentlQ
15.8.4 EvidentlQ Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.9 UnitedHealth Group
15.9.1 Company Profile
15.9.2 Main Business and Patient Registry Software Information
15.9.3 SWOT Analysis of UnitedHealth Group
15.9.4 UnitedHealth Group Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.10 Conduent
15.10.1 Company Profile
15.10.2 Main Business and Patient Registry Software Information
15.10.3 SWOT Analysis of Conduent
15.10.4 Conduent Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.11 Elekta
15.11.1 Company Profile
15.11.2 Main Business and Patient Registry Software Information
15.11.3 SWOT Analysis of Elekta
15.11.4 Elekta Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.12 lmageTrend
15.12.1 Company Profile
15.12.2 Main Business and Patient Registry Software Information
15.12.3 SWOT Analysis of lmageTrend
15.12.4 lmageTrend Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.13 Syneos Health
15.13.1 Company Profile
15.13.2 Main Business and Patient Registry Software Information
15.13.3 SWOT Analysis of Syneos Health
15.13.4 Syneos Health Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.14 Veradigm
15.14.1 Company Profile
15.14.2 Main Business and Patient Registry Software Information
15.14.3 SWOT Analysis of Veradigm
15.14.4 Veradigm Patient Registry Software Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Research Scope Of Patient Registry Software Report
Table Data Sources Of Patient Registry Software Report
Table Major Assumptions Of Patient Registry Software Report
Table Patient Registry Software Classification
Table Patient Registry Software Applications
Table Drivers Of Patient Registry Software Market
Table Restraints Of Patient Registry Software Market
Table Opportunities Of Patient Registry Software Market
Table Threats Of Patient Registry Software Market
Table Raw Materials Suppliers
Table Different Production Methods Of Patient Registry Software
Table Cost Structure Analysis Of Patient Registry Software
Table Key End Users
Table Latest News Of Patient Registry Software Market
Table Merger And Acquisition
Table Planned/Future Project Of Patient Registry Software Market
Table Policy Of Patient Registry Software Market
Table 2020-2030 North America Patient Registry Software Market Size
Table 2020-2030 North America Patient Registry Software Market Size By Application
Table 2020-2025 North America Patient Registry Software Key Players Revenue
Table 2020-2025 North America Patient Registry Software Key Players Market Share
Table 2020-2030 North America Patient Registry Software Market Size By Type
Table 2020-2030 United States Patient Registry Software Market Size
Table 2020-2030 Canada Patient Registry Software Market Size
Table 2020-2030 Mexico Patient Registry Software Market Size
Table 2020-2030 South America Patient Registry Software Market Size
Table 2020-2030 South America Patient Registry Software Market Size By Application
Table 2020-2025 South America Patient Registry Software Key Players Revenue
Table 2020-2025 South America Patient Registry Software Key Players Market Share
Table 2020-2030 South America Patient Registry Software Market Size By Type
Table 2020-2030 Brazil Patient Registry Software Market Size
Table 2020-2030 Argentina Patient Registry Software Market Size
Table 2020-2030 Chile Patient Registry Software Market Size
Table 2020-2030 Peru Patient Registry Software Market Size
Table 2020-2030 Asia & Pacific Patient Registry Software Market Size
Table 2020-2030 Asia & Pacific Patient Registry Software Market Size By Application
Table 2020-2025 Asia & Pacific Patient Registry Software Key Players Revenue
Table 2020-2025 Asia & Pacific Patient Registry Software Key Players Market Share
Table 2020-2030 Asia & Pacific Patient Registry Software Market Size By Type
Table 2020-2030 China Patient Registry Software Market Size
Table 2020-2030 India Patient Registry Software Market Size
Table 2020-2030 Japan Patient Registry Software Market Size
Table 2020-2030 South Korea Patient Registry Software Market Size
Table 2020-2030 Southeast Asia Patient Registry Software Market Size
Table 2020-2030 Australia Patient Registry Software Market Size
Table 2020-2030 Europe Patient Registry Software Market Size
Table 2020-2030 Europe Patient Registry Software Market Size By Application
Table 2020-2025 Europe Patient Registry Software Key Players Revenue
Table 2020-2025 Europe Patient Registry Software Key Players Market Share
Table 2020-2030 Europe Patient Registry Software Market Size By Type
Table 2020-2030 Germany Patient Registry Software Market Size
Table 2020-2030 France Patient Registry Software Market Size
Table 2020-2030 United Kingdom Patient Registry Software Market Size
Table 2020-2030 Italy Patient Registry Software Market Size
Table 2020-2030 Spain Patient Registry Software Market Size
Table 2020-2030 Belgium Patient Registry Software Market Size
Table 2020-2030 Netherlands Patient Registry Software Market Size
Table 2020-2030 Austria Patient Registry Software Market Size
Table 2020-2030 Poland Patient Registry Software Market Size
Table 2020-2030 Russia Patient Registry Software Market Size
Table 2020-2030 Mea Patient Registry Software Market Size
Table 2020-2030 Mea Patient Registry Software Market Size By Application
Table 2020-2025 Mea Patient Registry Software Key Players Revenue
Table 2020-2025 Mea Patient Registry Software Key Players Market Share
Table 2020-2030 Mea Patient Registry Software Market Size By Type
Table 2020-2030 Egypt Patient Registry Software Market Size
Table 2020-2030 Israel Patient Registry Software Market Size
Table 2020-2030 South Africa Patient Registry Software Market Size
Table 2020-2030 Gulf Cooperation Council Countries Patient Registry Software Market Size
Table 2020-2030 Turkey Patient Registry Software Market Size
Table 2020-2025 Global Patient Registry Software Market Size By Region
Table 2020-2025 Global Patient Registry Software Market Size Share By Region
Table 2020-2025 Global Patient Registry Software Market Size By Application
Table 2020-2025 Global Patient Registry Software Market Share By Application
Table 2020-2025 Global Patient Registry Software Key Vendors Revenue
Table 2020-2025 Global Patient Registry Software Key Vendors Market Share
Table 2020-2025 Global Patient Registry Software Market Size By Type
Table 2020-2025 Global Patient Registry Software Market Share By Type
Table 2025-2030 Global Patient Registry Software Market Size By Region
Table 2025-2030 Global Patient Registry Software Market Size Share By Region
Table 2025-2030 Global Patient Registry Software Market Size By Application
Table 2025-2030 Global Patient Registry Software Market Share By Application
Table 2025-2030 Global Patient Registry Software Key Vendors Revenue
Table 2025-2030 Global Patient Registry Software Key Vendors Market Share
Table 2025-2030 Global Patient Registry Software Market Size By Type
Table 2025-2030 Patient Registry Software Global Market Share By Type
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Patient Registry Software Picture
Figure 2020-2030 North America Patient Registry Software Market Size And Cagr
Figure 2020-2030 South America Patient Registry Software Market Size And Cagr
Figure 2020-2030 Asia & Pacific Patient Registry Software Market Size And Cagr
Figure 2020-2030 Europe Patient Registry Software Market Size And Cagr
Figure 2020-2030 Mea Patient Registry Software Market Size And Cagr
Figure 2020-2025 Global Patient Registry Software Market Size And Growth Rate
Figure 2025-2030 Global Patient Registry Software Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |