Global Clinical Decision Support System Market Valuation to Double-up in the Forthcoming Years
Clinical decision support system, aka CDSS, is a highly important component in the healthcare IT spectrum. Over the years, with advancing technologies, the technology is gaining more and more traction across healthcare systems around the globe.
The flexible functionalities of such systems are playing a huge role in accelerating the popularity of the market. It is reported that in 2017, the market valuation of CDSS stood at USD 890 million and that figure is anticipated to be doubled by the end of the forecast period in 2023.
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Some of the other drivers identified as potential accelerators of the market are the fast-paced expansion of the healthcare industry in the rapidly developing nations, the growing geriatric population, and the increasing patient influx.
Some of the key players in the global Clinical Decision Support System Market are,
- Cerner Corporation
- Meditech
- Epic Systems Corporation
- Athenahealth Inc
- Allscripts
- Carestream
- Agfa-Gevaert Group
- Elsevier B.V.
- Hearst health
- and Wolters Kluwer Health
Clinical Decision Support System Market -Regional Analysis
The global geographical segmentation of the clinical decision support system market covers North America, Asia Pacific, the Middle East & Africa, Europe, and Latin America.
The North American regions holds the largest share of the global clinical decision support system market due to the presence of various key market players. The market players hold a significant role in developing and advancing the CDSS market. The increasing number of emergency situations in healthcare has prompted a growth in the demand for CDSS.
Europe holds the second-biggest portion of the market due to similar growth patterns. Some of the leading factors driving the market growth in this region are the growing healthcare expenditure, accessibility of advanced healthcare facilities, and the rising number of favorable initiatives undertaken by the government to advance the healthcare IT sector.
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Clinical Decision Support System Market- Segmentation
The global clinical decision support systems market is segmented in the following basis: by model, product, delivery mode, mode of advice, type, settings, and applications.
Component
- Software
- Services
- Hardware
Product
- Integrated CDSS
- Standalone CDSS
Model
- Knowledge-Based CDSS
- Non-Knowledge-Based CDSS
Delivery Mode
- On-Premise CDSS
- Cloud-Based CDSS
Mode of Advice
- Active CDSS
- Passive CDSS
Setting
- Inpatient Settings
- Ambulatory Care Settings
Type
- Therapeutic Clinical Decision Support Systems
- Diagnostic Clinical Decision Support Systems
Application
- Advanced Clinical Decision Support Systems
- Conventional Clinical Decision Support Systems
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Industry Updates:
March 5th, 2019, The UA College of Medicine and Banner Health have joined hands in order to use precision medicine and clinical decision support to curb down and prevent adverse reactions to medications.
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