Clinical Decision Support System Market Size, Analysis and Forecast to 2024

Posted by Yash Chauhan on March 1st, 2019

Clinical Decision Support System Market

The global clinical decision support system market is driven by factors such as escalating occurrence of medication errors, technological advancement in the healthcare IT, mounting government support and initiatives, and expanding the geriatric population. The mounting occurrence of chronic diseases, escalating importance, and usage of big data, and expanding the implementation of cloud computing in healthcare are further fuelling the growth of the market.

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The market for clinical decision support system is primarily driven by the escalating occurrence of medication errors. Define accurate medication dosage is difficult and time consuming especially for infants and children and in emergency situations, thus CDSS gives physician, and nurses quick and easy access to drug-specific dosing calculator, renal adjustment dosing, and drug profile with age.

The different products of the clinical decision support system market are integrated and standalone. Of all these products, the integrated category is predicted to witness the higher CAGR during the forecasted period owing to escalating implementations of integrated CDSS.

Based on the application of the clinical decision support system market is segmented into drug dosing support, drug allergy alert, drug-drug interaction, clinical guideline, clinical reminder, and others. Of all the applications, clinical reminder category is expected to grow at the fastest rate during the forecast period, globally.

North America accounted for the major share in the clinical decision support system industry in 2017, globally as the healthcare expenditure is increasing in the region. Asia-Pacific is observed to witness the fastest growth in the clinical decision support system market, owing to the mounting occurrence of chronic diseases, and a large population base.

Key players in the clinical decision support system industry are investing in the development of advanced, which is strengthening their position in the market., Wolters Kluwer Health, Cerner Corporation, Philips Healthcare, IBM Corporation, Hearst Health, Epic Systems Corporation, Allscripts Healthcare Solutions, Inc., Mckesson Corporation, and MEDITECH are some of the key players offering clinical decision support system.

Source: VynZ Research

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Yash Chauhan

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Yash Chauhan
Joined: February 25th, 2019
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