According to the new market research report by IndustryARC titled “Clinical Decision Support System Market By Mode (Active CDSS, Passive CDSS); Decision Mechanism (Knowledge and Non-Knowledge Based); By Applications, Timing of Use and Geography - Analysis and Forecast (2018-2023)”, the market is driven by the healthcare initiatives of the government.
Americas dominates the Clinical Decision Support Systems Market:
Americas holds a major share in the Clinical Decision Support Systems Market. It is expected to reach $534.03 million by 2023 at a CAGR of 9.6%.USA is the largest market for CDSS and is expected to reach $267.8 million at a CAGR of 7.8%. This is followed by Europe and Asia Pacific. In America, the growth of the market can be attributed to the expansion of the healthcare informatics market in countries like US and Canada. The government in US has begun implementing digitalization of medical records in hospitals by enforcing laws such as the American Recovery and Reinvestment Act (2009) and Health Information Technology for Economic and Clinical Health Act (HITECH). These factors drive the adoption of health information technology systems, thereby enabling hospitals to digitalize the records by integrating Electronic Health Records or Electronic Medical Records. The increasing adoption of digital records drives the growth of clinical decision system management.
Selected Analysis done in the full Report:
Alerts and reminders are activated in the background during patient and data entry. They prepare real-time information for the decision makers to update a patient’s status, augment a decision, and to prevent a negative action. They even provide notification of errors to the new patient data entered by the user to warn of any hazardous potential of the new medication. The reminders provide key information to the providers without the requirement of immediate action on the issue. The real-time reminders can be sent to the clinician through pages, email, and printed messages placed in the patient charts.
Standalone devices account for the majority of the revenue in the Clinical Decision Support Systems Market. This segment is expected to reach $685.8 million at a CAGR of 8.5%. Data entry integrated system will experience a growth of $401.4 million at 11.5%.
To access the full report click on below link:
https://industryarc.com/Report/118/clinical-decision-support-systems-devices-market.html
Excerpts on Market Growth Factors:
• The clinical decision support systems can reduce medical errors by helping the decision makers in improving the overall health of the patient. This factor drives the growth of the Clinical Decision Support Systems Market.
• Healthcare initiatives undertaken by the government, enhance the demand for clinical decision support systems. E.g. Health Information Technology for Economic and Clinical
Health(HITECH) act.
• CDSS enhances the quality and efficiency of the patient workflow. It helps in evidence-based decision making with the help of the algorithm based software and needs frequent software updates. Proper integration along with user-friendliness and ease of operation enhances the growth of clinical decision support systems.
• CDSS can maintain a patient’s health-related data such as medical prescriptions, diagnostic test reports, physician referral orders, and patient disease history. The technique helps physicians to access the latest scientific research data when an unintended decision taken by the clinician may endanger the health of the patient.
Key players of the Clinical Decision Support Systems Industry:
Epic Systems Corporation, McKesson Corporation, Alere Inc., Allscripts Healthcare
Solutions, Inc. and Wolters Kluwer N.V are the key players of the Clinical Decision Support Systems Market. Alere Inc. is a healthcare company which manufactures diagnostic devices and provides other services. It has its operations in 25 countries including Japan, Portugal, Australia, and Germany. Wolters Kluwer Health, headquartered in Philadelphia, delivers data to health professionals and institutions from the field of medicine, pharmacy, and nursing. McKesson Corporation operates in two business segments, namely Distribution Solutions and Technology Solutions. The McKesson Technology Solutions segment includes McKesson Health Solutions, which includes clinical decision solutions.
Clinical Decision Support Systems Market is segmented as below:
Innovations and user-friendly software will drive the growth of the Clinical Decision Support Systems Market during the forecast period.
A. By Decision Making Mechanisms
1. Introduction
2. Knowledge-based CDSS
2.1. Fuzzy Logic-Based
2.2. Rule-Based
2.3. Evidence-Based
3. Non-Knowledge-based CDSS
3.1. Artificial Neural Networks
3.2. Genetic Algorithms
B. By Application
1. Introduction
2. Alerts and Reminders
3. Diagnostic Assistance
4. Documentation forms
5. Order creation facilitators
6. Protocol support
7. Image Recognition and Interpretation
8. Prescription Decision Support
9. Information Retrieval
10 Therapy Critiquing and Planning
11 Others
C. By Timing of Use
1. Introduction
2. Pre-diagnosis
3. During diagnosis
4. Post- diagnosis
D. By Device
1. Introduction
2. Stand Alone Devices
3. Data Entry Integrated Systems
E. By End User
1. Introduction
2. Clinics
3. Hospitals
4. Pharmacy
5. Others
F. By Geography(covers 12+ countries)
G. By Entropy
Companies Citied / Interviewed
1. ALERE, INC
2. AUTONOMY CORPORATION PLC.
3. EBSCO INDUSTRIES, INC.
4. ELSEVEIR CLINICAL DECISION SUPPORT
5. FIRSTDATABANK INC.
6. GIDEON INFORMATICS, INC.
7. IBM WATSON
8. ICNET INTERNATIONAL LIMITED
9. INFERMEDICA SP Z.O.O
10. EVIDERA
11. ISABEL HEALTHCARE, INC.
12. LOGICAL IMAGES, INC.
13. MASSACHUSETTS GENERAL HOSPITAL
14. MCKESSON CORPORATION
15. PEPID LLC,
16. PHILIPS HEALTHCARE
17. SHARECARE, INC.
18. SIMULCONSULT, INC.
19. TRUVEN HEALTH ANALYTICS, INC.
20. T- SYSTEMS INC.
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The Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country-level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End-user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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The Clinical Decision Support Systems Market is expected to reach $1085 million by 2023.
Feb 04, 2021: Global Clinical Decision Support Systems Market is expected to reach USD 791.25 million by 2024.
The Clinical Decision Support System (CDSS) Market is estimated to grow at a significant CAGR of 6.7% over the future period as the scope and its applications are rising enormously across the globe.The increasing government initiatives, growing aging population, acceptance of HCIT solutions in healthcare, and growing number of people suffering from chronic diseases are documented as major factors of clinical decision support systems industry that are estimated to enhance the growth in the years to come.
However, saturated end-user market and lack of skilled personnel are the factors that may restrain overall market growth in the forecast period.
Clinical Decision Support System industry is segmented based on types, product types, delivery mode, components, user inactivity, application, and region.Download sample Copy of This Report at: https://www.millioninsights.com/industry-reports/clinical-decision-support-systems-cdss-market/request-sampleDiagnostics CDSS and Standalone CDSS are the types that could be explored in Clinical Decision Support System in the years to come.
This may be because of, acceptance of computerized prescription patterns in developed regions.The market is categorized based on delivery mode like On-Premises Delivery, Web Delivery, Cloud Delivery, and others.
Also, cloud-based delivery segment is estimated to grow at highest CAGR in the upcoming years.Access This Full Report @ https://www.millioninsights.com/industry-reports/clinical-decision-support-systems-cdss-marketThe software sector is at topmost position due to the need for intervallic software upgradation.
Importance of Data-driven Technologies Expected to Propel the Growth of the Clinical Decision Support System MarketClinical 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.Get Free Sample at https://www.marketresearchfuture.com/sample_request/6038Competitive LandscapeSome of the key players in the global clinical decision support system are Meditech, Cerner Corporation, Carestream, Elsevier B.V., Wolters Kluwer Health, Agfa-Gevaert Group, Athenahealth, Inc, Epic Systems Corporation, Allscripts, Hearst health and others.Market SegmentationThe global clinical decision support systems market is segmented in the following basis: by model, product, delivery mode, mode of advice, type, settings, and applications.By product, the market divides into Integrated CDSS and Standalone CDSS.
Herein, Integrated CDSS segment holds a majority of the market share and is projected to increase in the near future as well.By model, the market includes knowledge-based CDSS and Non-Knowledge-based CDSS.
Due to the high number of advantages it provides as compared non-knowledge-based CDSS, the knowledge-based CDSS segment holds a majority of the market portion.By delivery mode, the market includes cloud-based and in-premise systems.
The cloud-based segment holds a majority of the market share and is expected to garner a striking CAGR over the course of the review period.By mode of advice, the market divides into active CDSS and passive CDSS.
Global Clinical Decision Support Systems Market is expected to reach USD 791.25 million by 2024.
The Clinical Decision Support System (CDSS) Market is estimated to grow at a significant CAGR of 6.7% over the future period as the scope and its applications are rising enormously across the globe.The increasing government initiatives, growing aging population, acceptance of HCIT solutions in healthcare, and growing number of people suffering from chronic diseases are documented as major factors of clinical decision support systems industry that are estimated to enhance the growth in the years to come.
However, saturated end-user market and lack of skilled personnel are the factors that may restrain overall market growth in the forecast period.
Clinical Decision Support System industry is segmented based on types, product types, delivery mode, components, user inactivity, application, and region.Diagnostics CDSS and Standalone CDSS are the types that could be explored in Clinical Decision Support System in the years to come.
This may be because of, acceptance of computerized prescription patterns in developed regions.The market is categorized based on delivery mode like On-Premises Delivery, Web Delivery, Cloud Delivery, and others.
Also, cloud-based delivery segment is estimated to grow at highest CAGR in the upcoming years.The software sector is at topmost position due to the need for intervallic software upgradation.
Rising interest for quality consideration and incorporated solid specialized arrangements is one of the key patterns heightening business sector development.
Expanding selection of data frameworks by clinics and medical care establishments and good drives taken by a few governments overall are likewise animating the development of the market.
Clinical decision and support system (CDSS) are rigorously managed by specialists like the FDA.
Furthermore, contenders need to consider the non-infringement of data innovation and digital laws to guarantee items' respectability.
Coordination of distributed computing and interoperability stages in various frameworks will additionally advance smooth working and consistent data flow, in this manner firing up the selection of CDSS.
Critical expansion in the number of clinics and medical services offices receiving different structures and levels of clinical decision and support system as of late gives a huge potential to expand not so distant future execution.
The Clinical Decision Support System Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Clinical Decision Support System Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/clinical-decision-support-system-market/download-sampleMarket DynamicsThe clinical decision support system is gradually becoming essential tools for healthcare providers due to the expansion of data and responsibility to deliver value-based care.
Growing trend towards automation and digitalisation is influencing its adoption within hospitals.
Implementation of a clinical decision support system in healthcare services has rapidly decreased the incidence of certain errors and achieved high-quality support.
Growing investment to establish new facility and transformation of outdated settings with new, advanced and updated will speed up the growth of the market.
Feb 04, 2021: Global Clinical Decision Support Systems Market is expected to reach USD 791.25 million by 2024.
The Clinical Decision Support System (CDSS) Market is estimated to grow at a significant CAGR of 6.7% over the future period as the scope and its applications are rising enormously across the globe.The increasing government initiatives, growing aging population, acceptance of HCIT solutions in healthcare, and growing number of people suffering from chronic diseases are documented as major factors of clinical decision support systems industry that are estimated to enhance the growth in the years to come.
However, saturated end-user market and lack of skilled personnel are the factors that may restrain overall market growth in the forecast period.
Clinical Decision Support System industry is segmented based on types, product types, delivery mode, components, user inactivity, application, and region.Download sample Copy of This Report at: https://www.millioninsights.com/industry-reports/clinical-decision-support-systems-cdss-market/request-sampleDiagnostics CDSS and Standalone CDSS are the types that could be explored in Clinical Decision Support System in the years to come.
This may be because of, acceptance of computerized prescription patterns in developed regions.The market is categorized based on delivery mode like On-Premises Delivery, Web Delivery, Cloud Delivery, and others.
Also, cloud-based delivery segment is estimated to grow at highest CAGR in the upcoming years.Access This Full Report @ https://www.millioninsights.com/industry-reports/clinical-decision-support-systems-cdss-marketThe software sector is at topmost position due to the need for intervallic software upgradation.
Importance of Data-driven Technologies Expected to Propel the Growth of the Clinical Decision Support System MarketClinical 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.Get Free Sample at https://www.marketresearchfuture.com/sample_request/6038Competitive LandscapeSome of the key players in the global clinical decision support system are Meditech, Cerner Corporation, Carestream, Elsevier B.V., Wolters Kluwer Health, Agfa-Gevaert Group, Athenahealth, Inc, Epic Systems Corporation, Allscripts, Hearst health and others.Market SegmentationThe global clinical decision support systems market is segmented in the following basis: by model, product, delivery mode, mode of advice, type, settings, and applications.By product, the market divides into Integrated CDSS and Standalone CDSS.
Herein, Integrated CDSS segment holds a majority of the market share and is projected to increase in the near future as well.By model, the market includes knowledge-based CDSS and Non-Knowledge-based CDSS.
Due to the high number of advantages it provides as compared non-knowledge-based CDSS, the knowledge-based CDSS segment holds a majority of the market portion.By delivery mode, the market includes cloud-based and in-premise systems.
The cloud-based segment holds a majority of the market share and is expected to garner a striking CAGR over the course of the review period.By mode of advice, the market divides into active CDSS and passive CDSS.
Global Clinical Decision Support Systems Market is expected to reach USD 791.25 million by 2024.
The Clinical Decision Support System (CDSS) Market is estimated to grow at a significant CAGR of 6.7% over the future period as the scope and its applications are rising enormously across the globe.The increasing government initiatives, growing aging population, acceptance of HCIT solutions in healthcare, and growing number of people suffering from chronic diseases are documented as major factors of clinical decision support systems industry that are estimated to enhance the growth in the years to come.
However, saturated end-user market and lack of skilled personnel are the factors that may restrain overall market growth in the forecast period.
Clinical Decision Support System industry is segmented based on types, product types, delivery mode, components, user inactivity, application, and region.Diagnostics CDSS and Standalone CDSS are the types that could be explored in Clinical Decision Support System in the years to come.
This may be because of, acceptance of computerized prescription patterns in developed regions.The market is categorized based on delivery mode like On-Premises Delivery, Web Delivery, Cloud Delivery, and others.
Also, cloud-based delivery segment is estimated to grow at highest CAGR in the upcoming years.The software sector is at topmost position due to the need for intervallic software upgradation.
The Clinical Decision Support System Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Clinical Decision Support System Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/clinical-decision-support-system-market/download-sampleMarket DynamicsThe clinical decision support system is gradually becoming essential tools for healthcare providers due to the expansion of data and responsibility to deliver value-based care.
Growing trend towards automation and digitalisation is influencing its adoption within hospitals.
Implementation of a clinical decision support system in healthcare services has rapidly decreased the incidence of certain errors and achieved high-quality support.
Growing investment to establish new facility and transformation of outdated settings with new, advanced and updated will speed up the growth of the market.
Rising interest for quality consideration and incorporated solid specialized arrangements is one of the key patterns heightening business sector development.
Expanding selection of data frameworks by clinics and medical care establishments and good drives taken by a few governments overall are likewise animating the development of the market.
Clinical decision and support system (CDSS) are rigorously managed by specialists like the FDA.
Furthermore, contenders need to consider the non-infringement of data innovation and digital laws to guarantee items' respectability.
Coordination of distributed computing and interoperability stages in various frameworks will additionally advance smooth working and consistent data flow, in this manner firing up the selection of CDSS.
Critical expansion in the number of clinics and medical services offices receiving different structures and levels of clinical decision and support system as of late gives a huge potential to expand not so distant future execution.