[PDF] Clinical Decision Support Systems Market Analysis | Cerner Corporation, BD, Premier, PeraHealth, Wolters Kluwer N.V, RELX

New York, Feb, 2020 - The global clinical decision support systems market is expected to reach US$ 5,983.38 Mn in 2027 from US$ 2,772.60 Mn in 2018. The market is estimated to grow with a CAGR of 9.2% from 2019-2027.

Clinical Decision Support Systems Market to 2027 - Global Analysis and Forecasts by Component (Software, Services, Hardware); Delivery Mode (On Premise, Cloud- Based, Web Based); Application (Drug-drug interactions, Drug allergy alerts, Clinical reminders, Clinical guidelines and Others); End User (Hospitals, Ambulatory Care Centers, Diagnostic Labs), and Geography

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Top key players profiled in the CLINICAL DECISION SUPPORT SYSTEMS Market include are 1. Cerner Corporation, 2. Medical Information Technology, Inc., 3. BD, 4. Wolters Kluwer N.V., 5. Baxter nternational Inc., 6. Premier,7. Koninklijke Philips N.V., 8. RELX (Elseiver), 9. PeraHealth, 10. Epic Systems Corporation

SCOPE AND OBJECTIVES

The key factors that are driving the growth of clinical decision support systems market are rising pressure on healthcare institutions to provide quality health at reduced costs, rising prevalence of chronic diseases, growing adoption of big data & health IT tools, number of initiatives taken by governments, rising developments in the fields of healthcare IT, rising number of hospitals. However, the growth of the market is restrained by factors such as the concerns regarding data privacy.

Healthcare providers face various challenges in the industry that impacts the performance of these companies and become hindered by the administrative element of the profession. In an industry that is as competitive as healthcare, the main aim of the business is to find out ways and solutions to reduce expenses for the operational and functional costs due to increasing government pressure regarding the elevating prices of healthcare drugs and devices. The adoption of a value-based care system is also one of the major reasons. The healthcare industry is in a constant pressure to reduce healthcare delivery costs and thus have to implement methods that help to enhance health plans, evidence-based patient care, manage regulations, and consolidate healthcare systems simultaneously. The rising price pressure and patent cliffs compel healthcare providers to cut on drug prices, encourage the use of generics instead of branded and scale back the reimbursement. This, in turn, is gradually reducing the profit margins and annual net sales of the healthcare providers that lead to the immediate requirement of a strategic plan to cut down on the operational costs.

Key Points from TOC
13. Clinical Decision Support Systems Market-Key Company Profiles

13.1 Cerner Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Financial Overview
13.1.4 Product Portfolio
13.1.5 SWOT Analysis
13.1.6 Key Developments

13.2 McKesson Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Financial Overview
13.2.4 Product Portfolio
13.2.5 SWOT Analysis
13.2.6 Key Developments

13.3 Medical Information Technology, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Financial Overview
13.3.4 Product Portfolio
13.3.5 SWOT Analysis
13.3.6 Key Developments

13.4 Wolters Kluwer
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Financial Overview
13.4.4 Product Portfolio
13.4.5 SWOT Analysis
13.4.6 Key Developments

13.5 Baxter International, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Financial Overview
13.5.4 Product Portfolio
13.5.5 SWOT Analysis
13.5.6 Key Developments

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