Global Clinical Decision Support System Market – Analysis and Forecast (2018-2024)

1. Global Clinical Decision Support System Market

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3. Clinical Decision Support System Market The global clinical decision support system market is predicted to grow at 13.6% CAGR during the forecast period with the market size reaching USD 2.0 billion by 2024. Clinical decision support system (CDSS) refers to software that is designed to influence clinician decision making about individual patients at the point in time. Different types of products such as integrated and standalone are majorly contributing to the clinical decision support system market size. The market has witnessed significant demand for integrated over the last few years due to escalating implementations of integrated CDSS.

4. Clinical Decision Support System Market The mounting occurrence of chronic diseases, budding implementation of cloud computing in healthcare, expanding the geriatric population, escalating government support and initiatives, the mounting occurrence of medication errors, and high returns on investment for CDSS solutions are the key factors leading to the growth in the clinical decision support system market, globally. Some of the other key factors driving the growth of the industry are the technological advancements in healthcare IT solutions, mounting importance, and usage of big data and mhealth tools, and escalating partnerships between medical research groups and clinical decision support companies.

5. Clinical Decision Support System Market Asia-Pacific is observed to witness significant growth in the clinical decision support system market during the forecast period, as the region comprises a large population. Moreover, the mounting occurrence of chronic diseases and escalating occurrence of medication errors are also facilitating the significant growth of the Asia-Pacific clinical decision support system industry. Market players in the clinical decision support system industry are investing capital to develop technologically advanced systems. In June 2018, IlumiCare integrates with Epic EMR to improve its clinical decision making. Wolters Kluwer Health, Cerner Corporation, Philips Healthcare, IBM Corporation, Hearst Health, Epic Systems Corporation, Allscripts Healthcare Solutions, Inc., Mckesson Corporation, and MEDITECH are some of the key players offering solutions for clinical decision support system.

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