Global Clinical Decision Support System Market by Type (Therapeutic and Diagnostic); By Component (Software, Hardware and Services); By Mode of Delivery (On-Premise and Cloud); by Product Outlook (Standalone and Integrated); By Application (Drug Interactions, Drug Allergy Alerts, Clinical Reminders, Clinical Guidelines, Drug Dosing Support and Others); By Region (North America, Asia-pacific, Europe, Latin America and Middle-East and Africa)- Analysis of market share, size & trends for 2016-19 and forecasts to 2030.
A Clinical Decision Support System is intended to optimize health care through tailored clinical expertise, patient data, and other medical information. A modern Clinical Decision Support System consists of a program aimed to efficiently assist in the formation of clinical decisions, balancing the particular patient’s traits with computer-based medical expertise. In other words, it assists clinicians and practitioners in decision making.
Global Clinical Decision Support System Market is anticipated to exceed USD 1,514.55 million by 2030 from USD 877.73 million in 2019 at a CAGR of 9.34% throughout the forecast period, i.e., 2020-30. The Global Clinical Decision Support System Market is estimated to grow on the back of the following reasons. The major factor driving the Global Clinical Decision Support System market is the increasing old-age population.
Global Clinical Decision Support System Market: Segments
Therapeutic segment to contribute maximum share during the forecast period, i.e., 2020-2030
Global clinical decision support system market by type is segmented into therapeutic and diagnostic. The therapeutic segment contributed the maximum share of the market in 2019 and is anticipated to continue capturing the largest share during forecast period owing to the large-scale implementation by clinicians and caretakers.
Global Clinical Decision Support System Market: Market Dynamics
Increasing Collaborations between Research institutes & CDSS companies will augment the growth of the market
Collaborations between medical research organizations and organizations providing clinical decision support result in increased investments. This funding allows CDSS companies and medical research organizations to invest in new technical approaches and to collaborate.
Resistance to validate mobile-based clinical decision support system
The involvement of players in healthcare IT approaches like mobile CDSS is essential for the success of this initiative. Factors, such as security and privacy fears, issues over the accuracy and quality of patient data, prices, time limits, lack of awareness and legal uncertainty may be responsible for suppliers’ reluctance to implement mobile CDSS.
Global Clinical Decision Support System Market: Region
North America to grow at the highest CAGR during the forecast period
Global Clinical Decision Support System market is segmented on the basis of regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa. Geographically, North America is likely to dominate the market due to high adoption rate of cloud technology in the healthcare sector. In addition, the rise in investment in mobile and emerging technology in the health sector is expected to boost the overall market growth during the forecast period. Additionally, the clinical decision support system market is likely to grow in the Asia-Pacific region due to growing popularity and increasing health expenditure in regions such as India, China and Japan.
· Wolters Kluwer Health
Key Product Offerings
Key Performance Indicators
· Hearst Health
· Elsevier B.V.
· McKesson Corporation
· Cerner Corporation
· Epic Systems Corporation
· Philips Healthcare
· Allscripts Healthcare Solutions
Global Clinical Decision Support System Market Report also contains an analysis on:
· Clinical Decision Support System Market by segment:
• By Type
• By Component
• By Mode of Delivery
• By Product Outlook
• By Application
Drug Allergy Alerts
Drug Dosing Support
• By Region
Middle east and Africa
· Clinical Decision Support System Market Size
· Clinical Decision Support System Market Dynamics
· Supply and Demand
· Current Issues/trends/challenges
· Competition and Companies Involved in the Market
· Value Chain of the Market
· Market Drivers and Restraints