Clinical Decision Support Systems Market Study by Big Data, Artificial Intelligence, m-Health Tools and Cloud Computing in Healthcare and Medical Services to 2023 - Expanding at 12.2% of Highest Growth Rate and to Reach USD 1,519.2 Million

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Stakeholders in the Clinical Decision Support Systems Market Healthcare Institutions/Providers (Hospitals, Medical Groups, Physician Practices, Diagnostic Centers, Pharmacies, Ambulatory Centers, and Outpatient Clinics), Healthcare Insurance Companies/Payers, Healthcare IT Service Providers, Venture Capitalists, Government Bodies, Corporate Entities and Accountable Care Organizations.

Clinical decision support systems market is expected to reach USD 1,519.2 Million by 2021 from USD 856.3 Million in 2016, at a CAGR of 12.2%. Clinical decision support systems market are gaining popularity across the globe. Reluctance amongst traditional healthcare providers to adopt the solutions, requirement of high investments for supporting IT infrastructure, data security concerns related to cloud-based systems and lack of interoperability are some of the factors expected to restrain the growth of this market.

North America dominates the global market for clinical decision support systems. This is due to early adoption by healthcare service providers, availability of advanced technologies and rising investment from healthcare IT players. China, India and Japan are expected to show high growth rate, due to increase in aging population and rising number of chronic diseases.

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There are two types of clinical decision support systems, first is knowledge base decision support systems and the other is without knowledge based decision support systems. Knowledge based decision support systems implement rules to patient data with the help of inference engine and demonstrate the results to the end user. Whereas, without knowledge based decision support systems depend on machine learning to analyze the clinical data.

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The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms to garner a greater market share.

In-depth interviews were conducted with CEOs, Sales and Marketing Directors, other innovation and technology directors, and executives from various key organizations operating in the clinical decision support systems market place.
• By Company Type: Tier 1: 50%, Tier 2: 35%, Tier 3: 15%
• By Designation: Director Level: 29%, C-Level: 39%, Others: 32%
• By Region: North America: 32%, Europe: 24%, APAC: 26%, ROW: 18%

Report includes study of key players offering clinical decision support systems such as Cerner Corporation (U.S.), McKesson Corporation (U.S.), Epic Systems Corporation Inc. (U.S.), Medical Information Technology, Inc. (U.S.), Philips Healthcare (Netherlands), Allscripts Healthcare Solutions, Inc. (U.S.), Wolters Kluwer Health (U.S.), Zynx Health (U.S.), Elsevier B.V. (Netherlands), and International Business Machines (IBM) Corporation (U.S.)

Details, Quiries and Discount, Other Information on this study “Clinical Decision Support Systems Market by Component (Services, Software), Delivery Mode, Product Type (Integrated, Standalone), Model (Knowledge-Based), Type (Therapeutic, Diagnostic), User Interactivity (Active, Passive), Application - Forecasts to 2021” research at http://www.reportsnreports.com/purchase.aspx?name=275029 .

Geographically, North America is expected to account for the largest share of the global clinical decision support systems market in 2016, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). The large share of the North American market is attributed to favorable initiatives and regulatory mandates, enterprises by key industry players, and rising incidence of medication errors in U.S.

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms to garner a greater market share. Firms purchasing the report could use one or a combination of the below-mentioned five strategies for strengthening their market shares.

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