Market Research Report
Global Clinical Decision Support System Market Research and Forecast, 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||793709|
Delivery time: 2-3 business days
|Global Clinical Decision Support System Market Research and Forecast, 2019-2025|
|Published: February 4, 2019||Content info:||
Clinical Decision Support System Market Size, Share & Trends Analysis Report by Delivery Model (On-Premise, Cloud-Based, Web-Based) By Component Type (Hardware, Software, Services), By End-User (Hospitals, Diagnostic Centres, Clinics, Retail Pharmacy, Others) And Forecast, 2019 - 2025
Clinical data has increased significantly across the globe in the past few years. A similar trend is expected to follow in the coming years, this is projected to increase the demand for advanced systems such as clinical decision support systems (CDSS) so as to increase operational efficiency. With the stringent implementation of government regulations such as HITECH (Health Information technology for economical and clinical health act), the healthcare facility providers had to implement meaningful use of health information technology. This is expected to further promote the growth of the market in the coming years. The CDSS systems are basically of two types such as knowledge-based, which uses interface data of the patient and CDSS without knowledge base which has a dependency on machine learning for patient data management. However, integration of such advanced systems with the workflow of a particular healthcare system can be a con to such system, thereby derailing the growth of the market in the near future.
As the amount of clinical data has increased, the use of technology along with healthcare systems has increased significantly in the past years. Owing to this, the demand for advanced software such as CDSS is expected to increase thereby promoting the growth of the market in the near future. Incidences related to medication errors have also rose significantly in the past years. Owing to this, the demand for software such as CDSS is increasing in order to increase the operational efficiency of the system which in turn promote the growth of the market in the near future. However, there are numerous disadvantages associated with the adoption of this technology which includes high investment in the installation of CDSS infrastructure coupled with data security issues associated with the use of this system.
The report covers analysis of CDSS market in North America, Europe, Asia-Pacific and Rest of the World. North America is expected to dominate the overall market owing to increasing adoption of CDSS technology in the healthcare structure of the region along with increasing investment in healthcare IT services across the region. Furthermore, the healthcare investments in countries including Australia, India, China, and Singapore have increased significantly. This is expected to further increase the demand for advanced systems such as CDSS across the countries. Few of the key players engaging in the market include Nuance Communications, Inc., National Decision Support Company, Varian Medical Systems, Inc., IBM Corporation, Carestream Health Inc. and Hearst Corporation among various others.
The market study of the global CDSS market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for the healthcare service provider, research organizations, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Global CDSS market is segmented on the basis of regional outlook and following segments: