The global clinical decision support systems (CDSS) market is expected to evaluate at the exponential value by 2023. In its recently published research, MRFR also asserts that the market would register an impressive CAGR over the forecast period (2018 – 2023).
The Clinical Decision Support Systems (CDSS) market is growing significantly over the past few years. The healthcare industry is witnessing a spurting growing due to the ever-increasing population that is prompting the need for effective treatment and care. The Players that leads the global CDSS market include
Meditech
Cerner Corporation
Epic Systems Corporation
Allscripts
Athenahealth Inc
Carestream
Elsevier B.V.
Agfa-Gevaert Group
Hearst health
Wolters Kluwer Health
and others.
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The proliferation of care facilities worldwide defines the growing market landscape of CDSS. The versatile functionalities of CDSS, such as faster decision-making, managing data, and higher workflow efficiency of CDS systems, are accelerating the market growth on a global level.
Market Segmentation:
For ease of understanding, the market has been segmented into three key dynamics: –
By Component : Software, Services, Hardware
By Product : Integrated CDSS, Standalone CDSS
By Model : Knowledge-Based CDSS, Non-Knowledge-Based CDSS
By Mode of Delivery : On-premise, Cloud-based, and others.
By End-user : Clinics, Hospitals, Laboratories, andothers.
By Regions : North America, Asia Pacific, Europe, and the Rest-of-the-World.
The massive demand in hospitals alongside, a large number of healthcare IT companies fosters the market growth across the globe, providing client-specific software solutions. The availability of user-friendly software solutions contributes to the growth of the CDSS market, enhancing the performance of healthcare professionals and improving operations of care giving facilities.
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing geriatric population
4.2.2 Increasing number of hospitals
4.2.3 Growing demand for data-driven technologies
4.2.4 Increasing number of Emergency Department (ED) visits
4.3 Restraints
4.3.1 Risk of data privacy
4.3.2 High cost for the Implementation
4.3.3 Lack of skilled healthcare IT professionals
4.4 Opportunity
4.4.1 Advancements in the healthcare IT sector
4.5 Macroeconomics
4.6 Technology Trends
…Continued.
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Industry/ Innovation /Related News:
September 26, 2019 —- ThUS Food and Drug Administration (FDA) issued a series of guidance documents that can interpret a number of medical software provisions in the 21st Century Cure Act (Cures Act), and new draft guidance on clinical decision support software. The FDA continues advancing regulatory policies tailored to the digital health community. Together, the guidance documents would help formalize the de-regulation of specific medical technologies & propose a path to market for a subset of medical solutions that improve clinical decisions.
The Clinical Decision Support Software Guidance Document is re-proposed draft guidance with an atypical procedural history FDA guidance documents are issued in draft form and finalized after receiving public comments, considering revisions that the agency deems appropriate. Also, the FDA issued revised draft guidance that generally takes a lighter touch with respect to clinical decision support systems (CDSS) regulatory policy.
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