Market Research Future (MRFR) has published a cooked research report on the “Clinical Decision Support Systems Market” that contains information from 2018 to 2030. The Clinical Decision Support Systems Market is estimated to register a CAGR of 9.80% during the forecast period of 2023 to 2030.
Clinical Decision Support Systems Market Highlights
The global Clinical Decision Support Systems Market is accounted to register a CAGR of 9.80% during the forecast period and is estimated to reach USD 10.2461441 billion by 2030.
The clinical decision support systems (CDSS) market refers to the market for software solutions and tools that assist healthcare professionals in making clinical decisions by providing relevant information, data analysis, and recommendations based on patient-specific data and medical knowledge. CDSS solutions aim to enhance the accuracy, efficiency, and safety of clinical decision-making processes.
Key Players:
MRFR recognizes the following companies as the key players in the global Clinical Decision Support Systems Market — Cerner Corporation, Meditech, Epic Systems Corporation, Athenahealth Inc., Allscripts, Carestream, Agfa-Gevaert Group, and Elsevier B.V.
Segment Analysis
The global Clinical Decision Support Systems Market has been segmented based Component, Product, and Model.
The Clinical Decision Support Systems market segmentation based on component, includes software, hardware, and services. The services segment held the majority share in 2021, contributing to the market revenue. This is as a result of regular programme updates and the useable knowledge base. The upkeep of parts and their accessories falls under the category of CDSS services. It offers a knowledge database with the newest discoveries and drugs, as well as hardware and software upgrades. Software is the second fastest-growing segment, which accounts for a considerable share of the Clinical Decision Support Systems market.
The Clinical Decision Support Systems market segmentation based on product, includes Integrated CDSS, and Standalone CDSS. The Standalone CDSS segment held the majority share in 2021, contributing to the Clinical Decision Support Systems market revenue. As a result of its inexpensive price and ease of use, it is frequently used. Its maximum share has been attributed to the ease of usage in clinical and medical settings. Throughout the forecast period, the standalone sector will retain its market dominance.
The Clinical Decision Support Systems market segmentation based on model, includes Knowledge-Based CDSS, and Non-Knowledge-Based CDSS. The Knowledge-Based CDSS segment held the majority share in 2021, contributing to the Clinical Decision Support Systems market revenue. The size and high proportion of this market can be linked to the Knowledge-Based CDSS's many advantageous features, such as its ability to support doctors' clinical judgements in the face of uncertainty by using Knowledge-Based reasoning.
Explore In-depth Details: Clinical Decision Support Systems Market Research Report
Regional Analysis
The global Clinical Decision Support Systems Market, based on region, has been divided into North America, Europe, Asia-Pacific and Rest of the World. North America Clinical Decision Support Systems market accounted for USD 2.12915 billion in 2021 and is expected to exhibit a 43.90% CAGR growth during the study period. This is attributed to the growing technological advancements for Clinical Decision Support Systems and rising innovations in healthcare systems across the region.
Asia Pacific Clinical Decision Support Systems market accounts for the second-largest market share. This can be linked to growing financial commitments to the healthcare industry in nations like Australia, China, India, and Japan. Due to rising R&D spending by key economies to advance the adoption of information technology in the medical sector, the market in Asia Pacific is exhibiting significant potential. Additionally, the growing number of elderly people will probably play a significant role in driving the local market. In a number of nations, including India, China, Japan, and Australia, investments in the healthcare sector are rising. Hence, the China Clinical Decision Support Systems market and Australia Clinical Decision Support Systems market held the largest market shares in the region.
The Europe Clinical Decision Support Systems market is expected to grow at the fastest CAGR from 2022 to 2030. U.K. Clinical Decision Support Systems market is predicted to lead the clinical decision support system market in the region of Europe. The region's expansion is being fueled by an increase in the number of occurrences of pharmaceutical mistakes. The rise is also seen on the map for other nations like Germany, France, Italy, and Spain.
Key Findings of the Study
- North America Clinical Decision Support Systems market accounted for USD 2.12915 billion in 2021 and is expected to exhibit a 43.90% CAGR growth during the study period.
- The Clinical Decision Support Systems market segmentation based on component, includes software, hardware, and services.
- Cerner Corporation, Meditech, Epic Systems Corporation, Athenahealth Inc., Allscripts, Carestream, Agfa-Gevaert Group, and Elsevier B.V
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Companies Covered | 15 |
Pages | 181 |
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