Quadintel published a new report on the Clinical Decision Support Systems Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
The global clinical decision support systems market size was US$ 3.0 billion in 2021. The global clinical decision support systems market size is forecast to reach US$ 3.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.9% during the forecast period from 2022 to 2030.
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The Clinical Decision Support System (CDSS) is a computer-based tool that analyses data in electronic health records (EHRs) and provides prompts and recommendations to help health care practitioners follow evidence-based clinical standards at the point of treatment. The CDSS is a computer software meant to be a direct help with clinical decision making for comparing a patient’s characteristics can compare to a computerized clinical knowledge base and offering patient-specific estimates or suggestions to the clinicians. CDSSs are now mostly employed at the point of treatment to help clinicians consolidate their expertise by providing information or suggestions. CDSS deployment enhances speedier decision-making, operational data, and workflow efficiency in patient care.
Factors Influencing Market Growth
Technological advances such as EHR systems, business intelligence tools, and big data analytics are helping healthcare providers manage and analyze patient data to make effective clinical decisions. Thus, this factor is forecast to drive the global market.
CDSS provides smooth administration of the number of patients visiting hospitals and healthcare buildings about keeping and managing data entry, storage, and collection. These factors are forecast to fuel the global market growth.
Lack of awareness, data privacy-related concerns, inappropriate handling of the system, and scarcity of skilled professionals may slow down the overall market growth.
Impact Analysis of COVID-19
Clinical decision support software in COVID-19 strengthened and emphasized the worldwide need for consistent healthcare data while reducing the timeline for decision-making due to unmatched stress. Many health care providers have changed their clinical decision support system vendors to help spread desired results quickly. As a result, there was a greater appreciation of clinical decision support systems’ value and challenges in quite a few of the world’s most important healthcare centers, which are the front-line responders. Thus, the COVID-19 pandemic had a positive impact on the global market.
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North America held dominance in the market in 2021. As a result of the growing demand for healthcare information technology solutions in the medical sector. Increasing technological advancements and the rising importance of providing quality healthcare services fuel the market growth in this region.
The Asia Pacific region is forecast to have lucrative growth in the market over the forecast period. As a result of the rising investments in the healthcare sector in countries such as Australia, China, India, and Japan. In addition, the rising R&D expenditure by the governments of key economies for growing the penetration of information technology in the medical field. Additionally, the growth in the geriatric population is likely to drive regional market growth.
The leading prominent companies profiled in the global clinical decision support software market are:
Epic Systems Corporation
Wolters Kluwer Health
Other Prominent Players
Scope of the Report
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The global clinical decision support software market segmentation focuses on Product Type, Deployment Modes, Products, Applications, and Region.
Segmentation based on Product Type
Non-knowledge based CDSS
Segmentation based on Deployment Modes
Segmentation based on Products
Segmentation based on Applications
Prescription Decision Support
Therapy Planning and Assessment
Segmentation based on Region
Rest of Western Europe
Rest of Eastern Europe
Australia & New Zealand
Rest of Asia Pacific
Middle East & Africa (MEA)
Rest of MEA
Rest of South America
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Product Types
What aspects regarding the regional analysis Market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.
- The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
- Based on what factors are the key market players assessed in this report?
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in the Market including Key Players
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
- the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
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