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Clinical Decision Support System Market to Exhibit a CAGR of 21.5% in Near Future - Cerner Corporation, Epic Systems Corporation, McKesson Corporation, Zynx Health, IBM, MEDITECH, Wolters Kluwer

04-02-2020 11:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Clinical Decision Support System Market to Exhibit a CAGR

Doctors, nurses, pathology labs and pharmacies, are just a few elements of the healthcare industry, which are involved in patient care. Sometimes, depending on the condition of patients, rehabilitation services are also availed. As many components are involved in caregiving, the need for proper communication among them and the patients is necessary. This would not only help in reducing medication errors, but would also help in providing coordinated care. To achieve this, the demand for healthcare information technologies (HIT) is rising, which include medication management systems and Clinical Decision Support System (DCSS). These technologies help in consolidating patient-related medical information to aid in decision making for creating a suitable treatment plan, including medication, rehabilitation, and care. The advanced application of the HIT system that is providing clinical decision support (CDS) to healthcare professionals by assisting in clinical decision-making tasks for better outcomes.

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The CDSS market is witnessing growth and expected to register a CAGR of 21.5% CAGR in the coming years. The software finds application in drug dosing support, clinical guideline, clinical reminder, drug-drug interaction, and drug allergy alert. During 2012-2015, the software was used the most for drug allergy alert applications. Many drugs are known to trigger allergic reactions in some patients, or if they are consumed with some other drugs. These drug-induced allergic reactions may prove to be fatal, and, therefore, drugs should be prescribed with utmost care. CDSS solutions not only help in studying possible drug-drug interactions, but also help in identifying the type of interaction that may initiate an unwanted immune response in the body. Majority of the electronic medical records (EMR) and computerized physician order entry (CPOE) systems have data related to a patient's allergies. The database has all the information regarding the medication and allergies stored, which generates an alert if a potential drug interaction is detected. These CDSS systems are gaining popularity among healthcare service providers due to their high success rate and immediate query response.

The clinical decision support system (CDSS) market is advancing due to the rising popularity of the software in healthcare facilities due to its advanced applications, including drug reminders, double-checking medication administration properties, and drug allergy alerts. They help in reducing the chances of adverse effects of drugs and medication errors, thereby improving the quality of healthcare services provided to patients at a reduced healthcare cost. In home healthcare settings, the medication management system is integrated with the CDSS, and simplifies the task for caregivers by correctly calculating the dosage and administration of medication. At times, patients are unable to remember their entire medication regimen and end up missing a dose. In such scenarios, the CDSS-integrated smartphone-based self-management systems enabled with real-time medication monitoring technology issues reminders to patients to timely consume the required dose of medicine.

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GLOBAL CDSS MARKET SEGMENTATION
By Product
o Integrated CDSS Solutions
o Standalone CDSS Solutions
By Application
o Drug Dosing Support
o Clinical Guidelines
o Clinical Reminders
o Drug-Drug Interactions
o Drug Allergy Alerts
o Others
By Model
o Knowledge-based CDSS Solutions
o Non-Knowledge-Based CDSS Solutions
By Mode of Delivery
o On-Premises
o Web-Based
o Cloud-Based
By Component
o Software
o Hardware
o Services
By Healthcare Provider Entity Capacity
o Less than 100 Beds
o 100-199 Beds
o 200-299 Beds
o 300-399 Beds
o 400-499 Beds
o More than 500 Beds

Contact:
P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: http://psintelligence.blogspot.com/

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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