Clinical Decision Support Systems Market is expected to grow at a CAGR of about 11% during the forecast period| Dominant Players - CERNER CORPORATION, EPIC, IBM, MCKESSON CORPORATION, MEDITECH, PHILLIPS HEALTHCARE, amongst others

Market Analysis:

North America to Maintain Dominance
North America is the leading market in the world, followed by Europe. Asia-Pacific is the fastest developing region. The large market share of North America can be attributed to factors such as the rising demand for quality healthcare delivery, need to curb increasing healthcare expenditure, and implementation of favorable initiatives & regulations.

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Physicians, nurses, and other healthcare professionals use CDSS to perform diagnosis and to review the diagnosis as a means of improving the result. 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. 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.

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Market Segments:
Clinical Decision Support Systems Market is segmented by:
1. Model: Knowledge-based CDSS, Non-Knowledge CDSS, Others
2. Mode of Delivery: Web-based, Cloud-based, On-premise
3. Component: Hardware, Software, Services
4. Product: Integrated Systems, Standalone Systems, Standard-based, Service model-based, Others
5. Application: Medical Diagnosis, Alerts & Reminders, Prescription Decision Support, Information Retrieval, Image Recognition and Interpretation, Therapy Critiquing & Planning, Others
6. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market:
• February 2018 u2013 The US Food and Drug Administration (FDA) announced marketing clearance for Viz.AI's Contact application, the first artificial intelligence-based clinical decision support (CDS) solution cleared for sale in the United States.

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