Clinical Decision Support Systems Market to Expand at a CAGR of 11.0% by 2023 | Worldwide Top Key Vendors - Cerner, EPIC, IBM, Mckesson, Meditech, Phillips, Siemens

Marketprognosis.com Publish a New Market Research Report On “Global Clinical Decision Support Systems Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Clinical Decision Support Systems Market:

The Global Clinical Decision Support Systems Market is expected to grow at a CAGR of about 11.0% during the forecast period (2018 – 2023).

Physicians, nurses, and other healthcare professionals use CDSS to perform diagnosis and to review the diagnosis as a means of improving the result. Data mining may be piloted to examine the medical history of patients in combination with appropriate clinical research. Such examination can help predict possible events, which can range from drug interactions to disease symptoms. Some physicians prefer to evade over-consulting their CDSS, relying instead on their professional skill to determine the best course of care.

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Determining accurate medication doses is a difficult and time-consuming process and especially critical for infants and children in emergency situations. Calculations involving intricate formulas are often difficult to memorize, and mathematical errors can still occur even when the formulas are accurately recalled. Varying dosing programs based on indication and pharmacokinetics represents additional opportunities for error. Clinical decision support systems can give physicians and nurses easy and quick access to drug-specific dosing calculators, full drug profiles with age, weight, disease and renal adjustment dosing, and much more. Accurate medication information and dosing calculators, easily accessible within the medical workflow, can provide a significant reduction in errors. Owing to these capabilities of the system, there will be a boost in the growth of the clinical decision support systems market. Other factors that will affect the growth of this market include rising demand to reduce healthcare expenditure, need for improvement in quality of care, rising chronic disease population, and more adoption rate in emerging economies.

The most often recurring barriers to CDSS implementation included earlier experience of dysfunctional computer systems in health care, general resistance towards changes in practice, and time management issues. In a study conducted by Oxford University, all groups listed numerous examples of dysfunctional healthcare IT systems, and they were worried of consequences if CDSS is built on the existing imperfect systems. This lack of trust in the healthcare professionals will lead to them not including for CDSS in their practice. This will eventually lead to the slowdown of the growth of this market. Other factors that will influence the decline of this market include lack of skilled labor, and suggestions from CDSS for unnecessary diagnostic testing will hinder the market growth.

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Major Key Players:

1 Cerner Corporation

2 EPIC

3 IBM

4 Mckesson Corporation

5 Meditech

6 Phillips Healthcare

7 Siemens Healthcare and More……………….

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Clinical Decision Support Systems Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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