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Clinical Decision Support Systems Market value worth 1,103 Million in 2019

Clinical Decision Support Systems Market was accounted at USD 1,103 Million in 2019 and is expected to grow at a CAGR of...

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clinical decision support systems market size

Clinical Decision Support Systems Market was accounted at USD 1,103 Million in 2019 and is expected to grow at a CAGR of 8.7% during forecast period. GMI Research analyzes the market trends and dynamics of the global clinical decision support system market and witnesses its exponential growth by 2027. It is due to the acceptance of health information technology and several initiatives taken by the government.

Introduction of the Clinical Decision Support Systems Market

Clinical Decision Support Systems is a type of system that gives clinical decision support to healthcare employees like physicians and other health professionals. With the help of this system, the staff and the clinicians can have the proper knowledge or person-related information that helps to cordially filter and provides information at suitable times to enhance patients’ health and healthcare facilities. The clinical decision support systems consist of tools and techniques such as computerized reminders and alerts to healthcare staff or patients, clinical guidelines, and diagnostic support. It also allows healthcare providers to be more competent by preventing errors or adverse events hence enhancing the care quality. Passive clinical decision support systems are the system that requires users to do something to get advice like how to open a tab or how to click buttons; however, the active clinical decision support systems can interact with clinical data by processing information.

Key Players of the Market

  • McKesson
  • Meditech
  • Cerner
  • Epic Systems
  • IBM
  • Philips Healthcare
  • Hearst Health
  • Allscripts Healthcare Solutions
  • Wolters Kluwer Health
  • Elsevier B.V

Clinical Decision Support Systems Market Dynamics

The significant factors contributing to the growth of the clinical decision support systems market are the increasing initiatives by the government and the rising acceptance of health information technology to improve healthcare quality. Nowadays, healthcare specialists mostly use health tools and big data for treatment, which minimize chronic disease occurrence and lower errors, resulting in a steer demand for such systems. Furthermore, rising R&D activities and the innovation in the technology for developing these systems will lead to a surge in the use of such systems during the forecast period.

Moreover, the rising hospitals & healthcare facilities and the high adoption of cloud computing, which increases the efficiency of such systems, are other crucial factors burgeoning the demand for clinical decision support systems in the market globally. In addition, the rapid rise in the geriatric population, leaning on precision medicine and quality care, and the collaboration of medical research groups with the clinical decision support organizations; all these factors further propelling the clinical decision support system market share during the forecast period. The factors restraining clinical decision support systems market size are concerns for data security on the cloud-based systems and the high cost required in implementing I.T. infrastructure.

Clinical Decision Support Systems Market Segmentation

Delivery Mode Segmentation Market Drivers

The cloud based CDSS speculates growing at a faster CAGR during the forecast period. It is due to the high adoption of cloud-based clinical decision support systems that provide multiple benefits, such as it being highly safe & secure compared with the on-premises systems, resilience, and enhanced scalability. Furthermore, the increasing accessibility of cloud technology coupled with the high adoption of cloud computing is also a critical aspect for fueling the market growth of this segment.

Level of interactivity Segmentation Market Drivers

Based on the level of interactivity, the active CDSS witnesses to rise at a higher CAGR during the forecast period due to the rising use of such systems by the care providers and the launch of multiple government steps for supporting the implementation of health I.T. solutions are bolstering the demand of clinical decision support system.

Type Segmentation Market Drivers

Based on the type, the therapeutic clinical decision support systems envisage growing at a higher CAGR throughout the forecast period owing to the rising adoption by the clinicians and healthcare providers due to their capability to allow clinicians to convert the clinical practices by mutual assistance coupled with support evidence-based medicine and therapeutic practice.

Geographical Drivers

North America is expected to surge at a higher CAGR during the forecast period. Because of the increasing adoption of high-tech tools in the healthcare infrastructure and the high requirement of quality care among people. Thus, the surging cases of medical errors and support initiatives and regulations for implementing such systems further strengthen the demand for clinical decision support systems in North America.

Clinical Decision Support Systems Market Segmentation

Segmentation By Component

  • Hardware
  • Software
  • Services

Segmentation By Product

  • Integrated CDSS
  • Standalone CDSS

Segmentation By Type

  • Diagnostic Clinical Decision Support Systems
  • Therapeutic Clinical Decision Support Systems

Segmentation By Model

  • Knowledge-Based CDSS
  • Non-Knowledge-Based CDSS

Segmentation By Delivery Mode

  • Cloud-Based CDSS
  • On-Premises CDSS

Segmentation By Application

  • Conventional Clinical Decision Support Systems
  • Advanced Clinical Decision Support Systems

Segmentation By Level of Interactivity

  • Active CDSS
  • Passive CDSS

Segmentation By Setting

  • Ambulatory Care Settings
  • Inpatient Settings

Segmentation by Region

  • North America
  • The United States of America
  • Canada
  • Europe
  • The United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Rest of APAC
  • RoW
  • Brazil
  • South Africa
  • Saudi Arabia 
  • UAE
  • Rest of RoW

Introduction of GMI Research

GMI Research is a global leader in marketing research and consulting services that provide exclusive business research-related solutions and research reports to clients, allowing them to make beneficial investment decisions and surge revenue. We offer authentic research reports and other consulting services based on insight facts that motivate our clients to succeed by defeating the competitors.

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