Clinical Decision Support System Market Future Trends and Business Opportunities

1. Clinical Decision Support System Market To Reach USD 1.17 Billion By 2026

2. Market Summary Increasing Geriatric Population, Increasing Number of Emergency Department (ED) Visits, Growing Demand for Data Driven Technology, and a Surge in the Government Investment and Support to Healthcare are key factors contributing to high CAGR of Clinical Decision Support System Market during the forecast period. Market Size – USD 488.2 million in 2018, Market Growth - CAGR of 11.4%, Market Trends – Growing Adoption of Cloud Computing in Healthcare, Rising Government Investment in Healthcare According to the current analysis of Reports and Data, the global Clinical Decision Support System Market was valued at 488.2 million in 2018 and is expected to reach USD 1.17 billion by the year 2026, at a CAGR of 11.4%. Clinical Decision Support Systems are tool for improving the operational efficiency of healthcare practices.

3. Our Approach Our Approach Market Summary Technological advances in the field of healthcare IT is the crucial component of the current health care system and perhaps the major key driver which is expected to influence the market positively. The existence of major regulatory frameworks scenario manages the introduction and use of safe, effective, and efficient technology in health care. It effectively reduces the safety concerns and risks associated with its application. However, despite all their merits, the clinical decision support systems are often crippled when it comes to facing the challenge of maintaining data privacy and the problems of not having enough healthcare personnel who are trained in IT healthcare methods. Patient data must be adequate to make a valid decision. The problem arises when the clinicians have an immense amount of unspecific data. Moreover, lack of awareness, improper handling of the system, insufficiently skilled professional is expected to create hurdles for the market during the forecast period. To identify the key trends in the industry, click on the link below:https://www.reportsanddata.com/report- detail/clinical-decision-support-system-market Further key findings from the report suggest- • Clinical Decision Support Systems are being rapidly incorporated by healthcare providers because of their sheer usefulness in nullifying the chances of error in diagnostic and medical prescription.

4. Our Approach Our Approach Market Summary • Since the installation cost of Clinical Decision Support Systems are pretty much high it is necessary to have a healthcare workforce and providers who are skilled to handle the digital technicalities and operate the system efficiently. This requires further investments on skilling programs for the respective personnel and significantly raises the overall cost of incorporating these systems. The market for Clinical Decision Support Systems around the globe is continuously striving towards making interoperability convenient across various end-use segments of the market. The services segment is expected to hold the greatest market share among the component division of the Clinical Decision Support System market and is expected to grow at the highest CAGR owing to their recurring nature and applicability at all stages of successfully running the CDSS software. Integrated Clinical Decision Support Systems are most popular among the product segment as they enable the usage of several connected application programs that share a common database. While the On-Premise Clinical Decision Support System under the mode of delivery segment occupies the largest market share, the cloud-based systems are growing at a very fast pace at a projected CAGR of 11.4% over the period of forecast. Recorded case studies have been undertaken recently where there has been a reduction in the number of unnecessary laboratory tests due to the use of a Clinical Decision Support Tool. Key participants include Meditech, Cerner Corporation, Epic Systems Corporation, Allscripts, Mckesson, Philips Healthcare, Wolters Kluwer Health, Hearst Health, Elsevier B.V, and IBM • • • • • •

5. Our Approach Our Approach Market Summary For the purpose of this report, Reports and Data has segmented the Clinical Decision Support System Market on the basis of type, end use, and region: Component Outlook (Revenue, USD Million; 2016–2026) Services Hardware Software Product Outlook (Revenue, USD Million; 2016–2026) Integrated CDSS Standalone CDSS Type Outlook (Revenue, USD Million; 2016–2026) Therapeutic CDSS Diagnostic CDSS

6. Our Approach Our Approach Market Summary Mode of Delivery Outlook (Revenue, USD Million; 2016–2026) On-Premise CDSS Web-Based CDSS Cloud-Based CDSS Level of Interactivity Outlook (Revenue, USD Million; 2016–2026) Active CDSS Passive CDSS Usage Outlook (Revenue, USD Million; 2016–2026) Knowledge-Based Expert Laboratory Information System Machine Learning Systems Order Now:https://www.reportsanddata.com/checkout-form/2121

7. About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com