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European Clinical Decision Support System (CDSS) Market 2019 Growth, COVID Impact, Trends Analysis Report 2025

01-11-2021 10:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

European Clinical Decision Support System (CDSS) Market

European Clinical Decision Support System (CDSS) Market

The European CDSS market is estimated to grow at CAGR of 10.9% during the forecast period. Europe is considered to be one of the significant regions in the CDSS market as it has high healthcare expenditure and infrastructure. Major factors contributing to the healthcare information system market include the integration of technology in the healthcare sector, growing public and private investment to improvise healthcare service management, and innovation in the healthcare sector such as AI, IoT, big data and others. Additionally, high per capita healthcare expenditure and growing healthcare facilities in the region are substantially contributing to the CDSS market.

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The European CDSS market is segmented on the basis of deployment, product type, and end-user. On the basis of deployment, the market is bifurcated into on-premises deployment and cloud-based deployment of CDSS. The on-premises delivery model is anticipated to dominate the market in 2018. Further, on the basis of product type, the market is segmented into hardware and software & services. Software & services segment is estimated to dominate the market. Integration of AI in software has boosted the demand of the software across various end-users. Based on end-user, the market is segmented into hospitals & clinics, diagnostic centers, retail pharmacy, and others. Hospitals & Clinics segment is anticipated to have a dominating share in global CDSS market in 2018.

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Moreover, the market is geographically segmented into UK, Germany, Italy, Spain, France, and the Rest of Europe. The adoption rate of advanced healthcare IT solutions such as EHR is high in UK, majorly owing to well-collaborations strategies being formed among healthcare and IT industry of the country. Furthermore, the study of the European CDSS market report covers the analysis of several players operating in the market. Some of the key players include Allscrips Healthcare Solutions, Inc., Cerner Corp., Koninklijke Philips N.V., and others. In March 2019, Koninklijke Philips N.V completed the acquisition of healthcare information systems business of Carestream Health, Inc. for expanding its portfolio of radiology informatics. In January 2019, Koninklijke Philips N.V signed an agreement with MIM Software Inc. for radiation therapy treatment. With this collaboration, the company enables clinicians to take therapy decisions.

Market Segmentation

European CDSS Market by Deployment Type

On-Premises
Cloud Based
European CDSS Market by Product

Hardware
Software & Services
European Healthcare Information System Market by End-User

Hospitals & Clinics
Diagnostic Centers
Retail Pharmacy
Others
Regional Analysis

UK
Germany
Italy
Spain
France
Rest of Europe
Company Profiles

Allscripts Healthcare Solutions, Inc.
Cerner Corp.
Epic Systems Corp.
IBM Corp.
InterSystems Corp
Koninklijke Philips N.V.
Nuance Communications, Inc.
Oracle Corp.
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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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