Growth opportunities in the Clinical Decision Support Systems Market look promising over the next six years. This is mainly due to the improving the care quality, continuous technological advancements, and rising investments in research activities.
Clinical Decision Support Systems Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The prominent drivers contributing to the growth of the global clinical decision support systems market include the augmenting efforts and initiatives by the government and the increasing support to promote the acquisition of health information technology to improve the quality of healthcare. The medical management professionals are increasingly endorsing big data and health tools for medication, which reduce the possibilities of errors and the incidences of chronic diseases driving the market growth. In addition, various technological modernizations and research and development activities for the establishment of such systems will stimulate their application. Furthermore, the increase in the number of hospitals and healthcare facilities and the integration of cloud computing, which flattens the function of these systems, are other factors bolstering the market demand. The growing preference towards quality care and precision medicine, accelerating geriatric population, and the collaboration among the clinical decision support companies and the medical research group have paved the way for market growth. However, the expanding apprehension related to the data safety on the cloud-based systems and the need of high investments for the integration of IT infrastructure.
Delivery Mode Segment Drivers
Based on the delivery mode, the cloud-based CDSS is projected to expand at a higher CAGR during the forecast period. This is primarily attributed to the aggravating usage of these support systems as a result of various advantages that include enhanced security level when compared with the on-premise systems as they don’t rely on the web browsers, improved adaptability , and flexibility. In addition, the growing availability of cloud technology along with adoption of cloud computing are driving the market growth.
Regional Drivers
Based on the regional coverage, North America is predicted to witness a faster CAGR during the forecast period. This is mainly because of the outrageous acceptance of technologically sophisticated tools in the healthcare infrastructure followed by the soaring need for quality care among the individuals. In addition, strategic measures and regulations for the application of such systems and the rising occurrence of medical fallacies will further supplement the market growth.
Clinical Decision Support Systems Market’s leading Manufacturers:
- Meditech
- Epic Systems
- Philips Healthcare
- Allscripts Healthcare Solutions
- Elsevier B.V
- McKesson
- Cerner
- IBM
- Hearst Health
- Wolters Kluwer Health
Clinical Decision Support Systems Market Segmentation:
Segmentation by Component
- Hardware
- Software
- Services
Segmentation by Product
- Integrated CDS
- 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-Premise 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
- Impatient Settings
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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