Press release
Clinical Decision Support Systems Market is projected to reach USD 2,724 million in 2029 growing at 9.1% CAGR during 2022-2029 | Size, Trends & Forecast
Clinical Decision Support Systems Market was valued to be USD 1,357 million in 2021 and is estimated to reach USD 2,724 million in 2029 growing at a CAGR of 9.1% during 2022-2029
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/clinical-decision-support-systems-market/
The factors driving growth of the Clinical Decision Support Systems Market includes development of mHealth, rise in medication errors, Government initiatives to promote the adoption of clinical decision support systems and EHR systems, growing prevalence of chronic diseases around the world and improvements in the living standards. Moreover, growing adoption of information systems in hospitals and healthcare institutes, rising popularity of cloud based clinical decision supports systems, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, rising disposable incomes and strategic partnerships between key industry leaders, are further contributing towards the market growth.
However, growth of the Clinical Decision Support Systems Market is hindered due to growing concerns related to data security.
The major players operating in the market are Philips Healthcare, Hearst Health, Allscripts Healthcare Solutions, McKesson, Meditech, Cerner, Wolters Kluwer Health, Elsevier B.V, Epic Systems, and IBM, among others.
Based on Type, the Therapeutic Clinical Decision Support Systems segment is predicted to grow at a significant CAGR during the forecast period
Rising adoption of therapeutic clinical decision supports systems because it allows clinicians to convert practices with interactive assistance and supports evidence-based medicines, are propelling growth of the segment.
Based on Delivery Mode, the Cloud-Based CDSS segment is projected to grow at a robust CAGR over the forecast period
Cloud based CDSS solutions increases scalability and flexibility and are easily accessible, are some of the features pushing Clinical Decision Support Systems Market size.
Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast period
Presence of the leading players such as Hearst Health, IBM Corporation and Epic Systems, rising prevalence of chronic diseases across United States and Canada, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in the North American region.
Key Developments
In 2020, IBM Watson Health partnered with EBSCO information services for launching the integrated CDS solution. This partnership will be focused on enhancing the clinical decision support and operations for the healthcare providers and health systems.
In 2018, Cerner partnered with Duke Clinical Research Institute to develop mHealth App for the clinical decision support, which permits the clinicians to check if the patients are at an increased risk of stroke or heart attack.
Market Segmentation
Segmentation by Component
Hardware
Software
Services
Segmentation by Product
Integrated CDSS
Standalone CDSS
Segmentation by Type
Diagnostic Clinical Decision Support Systems
Therapeutic Clinical Decision Support Systems
Segmentation by Model
Knowledge-Based CDSS
Non-Knowledge-Based CDSS
Segmentation by Delivery Mode
Cloud-Based CDSS
On-Premise CDSS
Segmentation by Application
Conventional Clinical Decision Support Systems
Advanced Clinical Decision Support Systems
Segmentation by Level of Interactivity
Active CDSS
Passive CDSS
Segmentation by Setting
Ambulatory Care Settings
Impatient Settings
Segmentation by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com/
Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland
GMI Research's leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/clinical-decision-support-systems-market/
The factors driving growth of the Clinical Decision Support Systems Market includes development of mHealth, rise in medication errors, Government initiatives to promote the adoption of clinical decision support systems and EHR systems, growing prevalence of chronic diseases around the world and improvements in the living standards. Moreover, growing adoption of information systems in hospitals and healthcare institutes, rising popularity of cloud based clinical decision supports systems, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, rising disposable incomes and strategic partnerships between key industry leaders, are further contributing towards the market growth.
However, growth of the Clinical Decision Support Systems Market is hindered due to growing concerns related to data security.
The major players operating in the market are Philips Healthcare, Hearst Health, Allscripts Healthcare Solutions, McKesson, Meditech, Cerner, Wolters Kluwer Health, Elsevier B.V, Epic Systems, and IBM, among others.
Based on Type, the Therapeutic Clinical Decision Support Systems segment is predicted to grow at a significant CAGR during the forecast period
Rising adoption of therapeutic clinical decision supports systems because it allows clinicians to convert practices with interactive assistance and supports evidence-based medicines, are propelling growth of the segment.
Based on Delivery Mode, the Cloud-Based CDSS segment is projected to grow at a robust CAGR over the forecast period
Cloud based CDSS solutions increases scalability and flexibility and are easily accessible, are some of the features pushing Clinical Decision Support Systems Market size.
Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast period
Presence of the leading players such as Hearst Health, IBM Corporation and Epic Systems, rising prevalence of chronic diseases across United States and Canada, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in the North American region.
Key Developments
In 2020, IBM Watson Health partnered with EBSCO information services for launching the integrated CDS solution. This partnership will be focused on enhancing the clinical decision support and operations for the healthcare providers and health systems.
In 2018, Cerner partnered with Duke Clinical Research Institute to develop mHealth App for the clinical decision support, which permits the clinicians to check if the patients are at an increased risk of stroke or heart attack.
Market Segmentation
Segmentation by Component
Hardware
Software
Services
Segmentation by Product
Integrated CDSS
Standalone CDSS
Segmentation by Type
Diagnostic Clinical Decision Support Systems
Therapeutic Clinical Decision Support Systems
Segmentation by Model
Knowledge-Based CDSS
Non-Knowledge-Based CDSS
Segmentation by Delivery Mode
Cloud-Based CDSS
On-Premise CDSS
Segmentation by Application
Conventional Clinical Decision Support Systems
Advanced Clinical Decision Support Systems
Segmentation by Level of Interactivity
Active CDSS
Passive CDSS
Segmentation by Setting
Ambulatory Care Settings
Impatient Settings
Segmentation by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com/
Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland
GMI Research's leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
