What's driving the Clinical Decision Support System Market Size? | Key Players are Cerner Corporation, EPIC Systems, McKesson, Zynx Health, IBM, Siemens, Meditech, Wolters Kluwer

According to Prescient & Strategic Intelligence, clinical decision support system market size is expected to cross $1.5 billion by 2022. The CDSS market is driven by five major factors, including growing demand for advanced healthcare information systems, growing investments by HIT players, growing need for remote patient monitoring services, and increasing support from government organizations.

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The massive unexplored CDSS across the globe has created abundant opportunities for the major players to exploit the potential of the CDSS market. Although, there has been significant development in the developed economies of European Union (EU) and the U.S., the clinical decision support system market is still at its nascent form, especially in the developing countries of Asia, Latin America, and Africa. A high growth in numbers of end user including hospitals, and pharmacy has been witnessed in the developing countries of these regions, which provides immense growth opportunities for the CDSS market.

The Asia-Pacific market for CDSS is expected to grow at a CAGR of 23.2% between 2016-2022. The clinical decision support system market in Asia-Pacific is growing, due to growing geriatric population and upsurge in the occurrence rate of different chronic diseases. In addition, the improving healthcare infrastructure, and favorable government support, such as investments and grants has fueled the demand of HIT systems including CDSS in the region. China is expected to grow at a CAGR of 27% during the forecast period and reach $114.3 million by 2022, in the Asia-Pacific CDSS market.

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Some of the key companies operating in the CDSS market:
1- Cerner Corporation
2- EPIC Systems
3- McKesson
4- Zynx Health
5- IBM
6- Siemens
7- Meditech
8- Wolters Kluwer

GLOBAL CDSS MARKET SEGMENTATION
By Product
• Integrated CDSS Solutions
• Standalone CDSS Solutions
By Application
• Drug Dosing Support
• Clinical Guidelines
• Clinical Reminders
• Drug-Drug Interactions
• Drug Allergy Alerts
• Others
By Model
• Knowledge-based CDSS Solutions
• Non-Knowledge-Based CDSS Solutions
By Mode of Delivery
• On-Premises
• Web-Based
• Cloud-Based
By Component
• Software
• Hardware
• Services
By Healthcare Provider Entity Capacity
• Less than 100 Beds
• 100–199 Beds
• 200–299 Beds
• 300–399 Beds
• 400–499 Beds
• More than 500 Beds
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By Region
• North America
o U.S.
o Canada
o Rest of North America
• Western Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
• Central & Eastern Europe
o Russia
o Rest of Central & Eastern Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East and Africa

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This release was published on openPR.