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Global Clinical Decision Support Systems Market Projected to Reach USD 2669.57 million by 2026| Top Key Players- Koninklijke Philips N.V., Wolters Kluwer, Hearst Communications Inc., Elsevier, IBM Corporation, Allscripts, Alfa Health Care., NXGN Managemen
The report “Clinical Decision Support Systems Market by Component (Services, Software, Hardware), Product, Model, Source, Application, and Region - Global Forecast to 2026” an estimated value of USD 2669.57 million by 2026. Global Clinical Decision Support Systems Market report analyzes the market by areas, particularly North America, China, Europe, Southeast Asia, Japan, and India, focusing top makers in a worldwide market, as for generation, value, income, and market share for each manufacturer. The Global Clinical Decision Support Systems Market report provides an in-depth overview of the product specification, innovation, product type and creation examination considering the major factors such as revenue cost, gross and gross margin.Market Analysis:
Global Clinical Decision Support Systems Market is expected to rise from its initial estimated value of USD 1080.51 million to an estimated value of USD 2669.57 million by 2026, registering a CAGR of 11.97% in the forecast period of 2019-2026.
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Key Market Competitors:
Few of the major competitors currently working in the global clinical decision support systems market are- Cerner Corporation., McKesson Corporation, Epic Systems Corporation, Medical Information Technology, Inc., Koninklijke Philips N.V., Wolters Kluwer, Hearst Communications Inc., Elsevier, IBM Corporation, Allscripts, Alfa Health Care., NXGN Management, LLC., Carestream Health., Athenahealth, Siemens Healthcare Private Limited., GIDEON Informatics, Inc., Watson, First Databank, Inc., Cerner Corporation.
Market Definition:
Clinical decision support system is an application used by the clinicians and healthcare providers for the better decision making so that they can provide provides better treatment and care to the patients. They are mainly of two types- therapeutic clinical decision support systems and diagnostic clinical decision support systems.
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Key Developments in the Market:
• In February 2018, Viz.AI Contact application, got approval from the U.S. Food and Drug Administration for their marketing. This is specially designed clinical decision support software which will be used to check the computed tomography (CT) results and will also notify about the stroke in the patients. This device will notify the specialist earlier so that they can provide treatment to the patient faster.
• In May 2015, McKesson announced the launch of their InterQual which is their new decision support solutions. This new systems have 55 new evidence-based clinical content areas in which 29 is for the specialty drugs and 33 for molecular diagnostics tests. The main aim of the launch id to provide patients high quality care and provide evidence- based content so that they can make decision easily.
Market Drivers
• Rising cases of chronic disease among population is driving the growth of this market
• Increasing ageing population is another factor driving the market growth.
Market Restraints
• High funding for the IT infrastructure is restraining the growth of this market
• Increasing awareness about the data security in Cloud-Based CDSS is another factor restraining the growth of this market
Reasons to Purchase this Report:
• Current and future of global clinical decision support systems market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
• All segmentation provided above in this report is represented at country level
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process.
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