Clinical Decision and Support System Market In-Depth Industry Analysis on Size, Cost Structure and Prominent Key Players Analysis | Cerner Corporation, Allscripts Healthcare Solutions, Inc., IBM Watson Health, GE Healthcare

The research report Clinical Decision and Support System Market Analysis 2020 provides an estimate of the market size from 2020 to 2026 in terms of value and volume. It also includes a full assessment of key market segments and Clinical Decision and Support System Market shares with the latest Trends and technologies used in the energy industry, as well as an instructive overview of the vendor landscape and geographic expansion of the market. The research study examines the Clinical Decision and Support System Market based on a number of criteria such as Product Type, Application and geographic extent. The market shares of these segments are formulated in such a way that they offer readers of the Clinical Decision and Support System Market an opportunistic Roadmap.

Clinical decision support system is IT-based tool that assists doctors and nurses by providing actionable inputs about patient for enhancement of health outcome of patient. This system provides customized, patient specific clinical information, which improves quality of care. Various tools in the clinical decision support system include computerized alerts and reminders to care providers and patients, clinical guidelines and protocols, condition-specific order sets, focused patient data reports and summaries, smart documentation templates, diagnostic support, multipatient monitors and dashboards, contextually relevant reference information, and predictive and retrospective analytics.

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Clinical decision support system provide different benefits such as reduction in clinical error and adverse events, improved quality of healthcare service, increased efficiency and reduction in overall healthcare cost. Clinical decision support system is one of emerging healthcare technology designed to improve clinical decision making, this system could address the problem of clinical information burden faced by healthcare providers in routine decision making. Clinical decision support system provides a platform for integrating evidence-based knowledge into care delivery that improves clinical outcome.

The global clinical decision support system market size was valued at US$ 767.4 million in 2017, and is expected to witness a CAGR of 11.69 % over the forecast period (2018 – 2026).

Increasing chronic disease prevalence worldwide to propel growth of the clinical decision support system market

Increasing prevalence of the chronic disease such as cancer, diabetes, and cardiovascular disease worldwide is propelling demand for its accurate diagnosis, treatment plan, and continuous care. According to the data published by American Heart Association, in 2016, annual cost of cardiovascular disease and stroke in 2011 – 2012 was US$ 193.1 billion in medical care and about US$ 123 billion in lost productivity from premature death. This cost can be reduced by adopting clinical decision support system, which could prevent and control major risk factors for CVD such as hypertension, hypercholesterolemia, and diabetes.

However, CDSS system has few limitation in its operation, which may hinder growth of the clinical decision support system market.

CDSS must integrate with a healthcare provider’s clinical workflow, which is often complex task. Incorporating large amounts of data into existing systems places significant strain on application and infrastructure maintenance
Few clinical decision support systems ,which are stand-alone lack facility for integration with EHR system, which may lead to repetition of task
Updating development in clinical data on regular basis from ongoing clinical research and medical trials is challenging, as vast number of research and medical trials are being published every day.

Key players are launching new products, which is expected to propel growth of the clinical decision support system market. In February 2018, the US Food and Drug Administration (FDA) granted marketing clearance for Viz.AI's Contact application. It is first Artificial Intelligence-based Clinical Decision Support (CDS) solution approved in the U.S. Integration of the Electronic Health Record(EHR), Computerized Physician Order Entry(CPOE) into CDSS by key players are expected to increase the adoption of the CDSS system, in turn driving growth of the clinical decision support system market. Furthermore, key players are entering into licensing deals with leading hospitals and healthcare groups to expand their consumer base and improve revenue prospects.

Key players operating in the clinical decision support system market include Cerner Corporation, Allscripts Healthcare Solutions, Inc., IBM Watson Health, GE Healthcare, Change Healthcare, Zynx Health, Carestream Health Inc., First Databank, Inc., NextGen Healthcare Information Systems, Agfa Healthcare, Medical Information Technology Inc., Athena Health, Wolters Kluwer NU, Siemens Healthineers, and Philips Healthcare.

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Table of Contents

Introduction: The report starts off with an executive summary, including top highlights of the research study on the Clinical Decision and Support System Market industry.

Market Segmentation: This section provides a detailed analysis of type and application segments of the Clinical Decision and Support System Market industry and shows the progress of each segment with the help of easy-to-understand statistics and graphical presentations.

Regional Analysis: All major regions and countries are covered in the report on the Clinical Decision and Support System Market industry.

Market Dynamics: The report offers deep insights into the dynamics of the Kkk industry, including challenges, restraints, trends, opportunities, and drivers.

Competition: Here, the report provides company profiling of leading players competing in the Clinical Decision and Support System Market industry.

Forecasts: This section is filled with global and regional forecasts, CAGR and size estimations for the Clinical Decision and Support System Market industry and its segments, and production, revenue, consumption, sales, and other forecasts.

Recommendations: The authors of the report have provided practical suggestions and reliable recommendations to help players to achieve a position of strength in the Clinical Decision and Support System Market industry.

Research Methodology: The report provides clear information on the research approach, tools, and methodology and data sources used for the research study on the Clinical Decision and Support System Market industry.

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