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Clinical Decision and Support System Market is Expected to Witness a CAGR of 11.69 % By 2026

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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).
Clinical Decision and Support System
Market Size, Share, Trend, Outlook, Future
Analysis And Synthesis By 2026
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. 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).
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Market Dynamics:
Major driver for growth of the clinical decision support system market is various benefits offered by the
CDSS in both inpatient settings, ambulatory settings, and clinics. Medical error is one of the significant
contributor to cause of death worldwide. According to data published by Centre for Disease Control and
Prevention (CDC), 2013, more than 150,000 deaths are reported annually in the U.S. due to medical
error (ADR, wrong diagnosis, prescription error).
According to World Health Organization (WHO) report, in 2017, medication error costs US$ 42
billion annually worldwide. An estimated 43 million patient safety incidence occur annually and
around 1 in 10 patient get harmed due to medication error while receiving healthcare. These
incidence of medication error could be addressed with use of CDSS. Increasing prevalence of
chronic disease is another driver for wide adoption of CDSS. According to WHO Factsheet,
around 73% of global deaths are expected to be from chronic disease by 2020.
Report includes chapters which deeply display the following deliverable about industry :
• Clinical Decision and Support System Market Research Objective and Assumption
• Clinical Decision and Support System Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Clinical Decision and Support System Market Dynamics, Regulations, and Trends Analysis Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Clinical Decision and Support System Market, By Regions
• Clinical Decision and Support System Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Clinical Decision and Support System Market Manufacturers Profiles/Analysis including
Company Basic Information, Manufacturing Base and Its Competitors.
• Clinical Decision and Support System Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Clinical Decision and Support System Market Forecast including Production, Consumption,
Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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.
Competitive Analysis:
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.
Detailed Segmentation:
Global Clinical Decision Support System Market, By Product:
•
Stand Alone CDSS
•
Integrated CDSS
Global Clinical Decision Support System Market, By Delivery Mode:
•
On Premise CDSS
•
Web/Cloud based CDSS
Browse In-Depth Analysis Research Report @ https://www.coherentmarketinsights.com/marketinsight/clinical-decision-and-support-system-market-2054
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Poul Master
Poul Master247   documents Email
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