Press release
Clinical Decision and Support System Market Revenue Opportunies 2026 By Top Key Vendors With Top Key Players Cerner, Siemens, Philips, Allscripts, IBM Watson, GE Healthcare
Clinical Decision Support System
Market Dynamics:
Major driver for growth of the clinical decision support system market is various benefits offered by the CDSS in both inpatient settings, ambulatory settings, and clinics. Medical error is one of the significant contributor to cause of death worldwide. According to data published by Centre for Disease Control and Prevention (CDC), 2013, more than 150,000 deaths are reported annually in the U.S. due to medical error (ADR, wrong diagnosis, prescription error)
According to World Health Organization (WHO) report, in 2017, medication error costs US$ 42 billion annually worldwide. An estimated 43 million patient safety incidence occur annually and around 1 in 10 patient get harmed due to medication error while receiving healthcare. These incidence of medication error could be addressed with use of CDSS. Increasing prevalence of chronic disease is another driver for wide adoption of CDSS. According to WHO Factsheet, around 73% of global deaths are expected to be from chronic disease by 2020.
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Key features of the study:
- This report provides in-depth analysis of clinical decision support system market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017, as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new Fixator launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global clinical decision support system market based on the following parameters – company overview, financial performance, Fixator portfolio, market presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Cerner Corporation, Allscripts Healthcare Solutions, Inc., IBM Watson Health, GE Healthcare, Change Healthcare, Zynx Health, Carestream Health Inc., First Databank, Inc., NextGen Healthcare Information Systems, Agfa Healthcare, Medical Information Technology Inc., Athena Health, Wolters Kluwer NU, Siemens Healthineers and Philips Healthcare.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future fixator launch, technology up-gradation, market expansion, and marketing tactics
- The global clinical decision support system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the clinical decision support system market
Clinical Decision Support System (CDSS) is healthcare IT solution that provides evidence-based information to provide optimum care to patient. Clinical decision support system assist healthcare providers, by analyzing of patient data and using that information to aid in diagnosis of specific disease and treatment plan for same. Information input offered by CDSS to clinicians and primary care providers helps to improve the quality of the care by reducing drug overdose, drug interaction, adverse events, and assisting in diagnosis.
Clinical decision support system provide different benefits such as reduction in clinical error and adverse events, improved quality of healthcare service, increased efficiency and reduction in overall healthcare cost. Clinical decision support system is one of emerging healthcare technology designed to improve clinical decision making, this system could address the problem of clinical information burden faced by healthcare providers in routine decision making. Clinical decision support system provides a platform for integrating evidence-based knowledge into care delivery that improves clinical outcome.
The Global Clinical Decision Support System Market Size Was Valued At Us$ 767.4 Million In 2017, And Is Expected To Witness A CAGR Of 11.69 % Over The Forecast Period (2018 – 2026).
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Detailed Segmentation:
• Global Clinical Decision Support System Market, By Product:
- Stand Alone CDSS
- Integrated CDSS
• Global Clinical Decision Support System Market, By Component:
- Hardware
- Software
- Services
• Global Clinical Decision Support System Market, By Delivery Mode:
- On Premise CDSS
- Web/Cloud based CDSS
• Global Clinical Decision Support System Market, By Applications:
- Diagnosis Support
- Prescription support
- Clinical Reminders and Guidelines
- Others
• Global Clinical Decision Support System Market, By End User:
- Hospitals
- Clinics
- Ambulatory Care centers
- Others
• Global Clinical Decision Support System Market, By Geography:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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