Patient Identity Resolution Software Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Cloud-Based, Web-Based); End-Users (Clinics, Hospitals) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

The Patient Identity Resolution Software Market is expected to register a CAGR of 15.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The Patient Identity Resolution Software Market research report covers segmental analysis By Type (Cloud-Based, Web-Based) and End-Users (Clinics, Hospitals). The global analysis is further broken-down at the regional level and major countries. The Report Offers the Value in US$ for the above analysis and segments.

Purpose of the Report

The report Patient Identity Resolution Software Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

• Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
• Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
• Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Patient Identity Resolution Software Market Segmentation

Type

• Cloud-Based
• Web-Based

End-Users

• Clinics
• Hospitals

Patient Identity Resolution Software Market Growth Drivers

• Regulatory Compliance Drives Demand: In addition to cost savings, with the increasing stringency of regulatory compliance measures such as HIPAA in the United States and GDPR in Europe, healthcare organizations are putting more emphasis on ensuring patient identity resolution to maintain compliance in this regard. The more precise and accurate an organization is about patient information, the lower the probability or number of data breaches, thus better patient privacy. The need for such identity resolution among healthcare providers and organizations will drive the expertise in the field, encouraging them to spend more on these identity resolution solutions to maintain compliance while improving data accuracy, in turn, propelling the growth of the market for these software solutions.
• EHR Adoption Increases Need: Widespread utilities of EHR are leading to a greater demand for patient identity resolution. EHR can’t function properly without accurate linking of the patient’s identity. EHR needs high-quality identification processing to link and consolidate openly available patient data to minimize the risk of duplicates and information inconsistency. Medical suppliers with huge patient data, striving to switch from paper-based systems to EHR systems will also contribute to the growth of the patient identity resolution market in the foreseeable future.
• Explosion of Healthcare Data: The increased explosion of healthcare data has resulted from the forced digital transformation of the industry. This increase in data creation from new data-aware patient tracking systems, digital health records, and virtual appointments has resulted in patients reaching their 38th birthday before knowing they have multiple patients, with distinct or merged identity records. Solutions that enable providers to manage the increasing explosion in data with correct identity resolution are driving market growth.

Patient Identity Resolution Software Market Future Trends

• Data Interoperability Boosts Demand: The ongoing surge in the need for data interoperability will continue to grow as health systems, hospitals and other entities increasingly demand to share data, while minimizing duplication and errors around the identification of patients. Corporate alignment with government mandates, or the development of procurement strategies that incorporate generalist standards, might prove to be a powerful tool for achieving consistency in best practices across the health ecosystem. Each of these three technology solutions is being developed and deployed expressly to enable health information exchange. All three share a common mission of enhancing care coordination, bolstering patient safety, and improving outcomes. This is accomplished by ensuring that all members of a care team have access to timely and accurate information about their patients.
• Cybersecurity Elevates Privacy Focus: In light of rising cybersecurity concerns, patient identity resolution software providers are now giving more attention to privacy and security features. Features such as advanced encryption, multi-factor authentication, and compliance with regulations such as HIPAA (the Health Insurance Portability and Accountability Act) are being implemented as best practices. Trust is the foundation of patient-provider relationships, but so is patient safety: implementing measures to prevent patient identity theft is crucial for earnestly evaluating healthcare outcomes.
• Improved Technology Integrates Data: As patient identity resolution software continues to improve how individual patient data are matched and brought forward, the integration of healthcare technology has reached another significant milestone. This new iteration is primarily about putting the person at the center of the healthcare experience by stitching previously siloed data into coherent and accurate patient profiles. Even as more healthcare organizations speak to the need to provide the ‘consumer experience’ for patients, industry experts point to the positive implications these advances could have for improved communication and satisfaction.

Patient Identity Resolution Software Market Opportunities

• Telecom Solutions Strengthen Verification: Solutions that use telecommunications such as SMS or mobile apps can strengthen identity verification in remote healthcare services. By automating identity resolution over telemedicine communications, companies can ease this burden in two ways. First, they can use SMS or in-app forms to quickly contact patients and verify their identity - for example, by asking them to set up a telehealth account, create a passcode, or schedule a ‘visual’ to more quickly confirm it. Second, a secure phone number or mobile app that stores authentication data can provide a record to prove that an identity resolution was performed, which can be important for medical recordkeeping and reimbursement. Having solutions adapted to the complexity and scale of delivering remote care can help companies tackle the growing momentum for telemedicine while helping to mitigate well-founded concerns about privacy and identity security
• Incorporating Social Determinants Enhances: Developing patient identity resolution software, inclusive of social determinants of health has the opportunity to create a more holistic understanding of patient need. The opportunity to lead this charge and become innovators as supporters of holistic patient health and advancers of health equity represents an opportunity that software providers cannot afford to ignore.
• Collaboration Expands Market Reach: Collaborations with Health Information Exchanges can set the stage for patient identity resolution software to advance data-sharing and interoperability across healthcare systems, improving the accuracy of patient data and, thus, enabling care providers to give coordinated care. By positioning their software as critical for HIE integration - if the requirements for data interoperability are addressed - firms can gain market expansion as well as earned reputational capital.

Patient Identity Resolution Software Market Regional Insights

The regional trends and factors influencing the Patient Identity Resolution Software Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Patient Identity Resolution Software Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Patient Identity Resolution Software Market Report Scope

Patient Identity Resolution Software Market Players Density: Understanding Its Impact on Business Dynamics

The Patient Identity Resolution Software Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Patient Identity Resolution Software Market are:

1. Acxiom LLC
2. Avatier
3. Beta Systems IAM Software AG
4. Experian Information Solutions, Inc.
5. Health Catalyst

Disclaimer: The companies listed above are not ranked in any particular order.

Key Selling Points

• Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Patient Identity Resolution Software Market, providing a holistic landscape.
• Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
• Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
• Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Patient Identity Resolution Software Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

The List of Companies

1.Acxiom LLC
2.Avatier
3.Beta Systems IAM Software AG
4.Experian Information Solutions, Inc.
5.Health Catalyst
6.HealthVerity, Inc.
7.Imprivata, Inc.
8.InterSystems Corporation,
9.LexisNexis Risk Solutions Group.
10.NetOwl