CLINICAL DECISION AND SUPPORT SYSTEM MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027
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REPORT DESCRIPTION Clinical Decision and Support System Market - Overview The global Clinical Decision Support System Market by Products (Stand Alone CDSS and Integrated CDSS), by Component (Hardware, Software, and Services), by Mode of Delivery (On Premise CDSS and Cloud based CDSS), by Application (Diagnosis Support, Prescription Support, Clinical Alert and Clinical Guideline, and Others), by End User (Hospitals, Ambulatory Centers, Clinics, and Others ), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 767.4 million in 2017, and is projected to exhibit a CAGR of 11.69% over the forecast period (2018 – 2026). Clinical decision support is a process for enhancing health-related decisions and actions with structured clinical knowledge and patient information to improve health and healthcare delivery. Various stakeholder in information exchange are physicians, nurses, patients, and others involved in patient care delivery. Clinical support system delivers clinical knowledge, guideline based inputs, and intelligently processed actionable patient data (e.g. Drug interaction events for specific patient in past which would be shown at CDSS handled by physician). Furthermore, it provides data and order entry facilities, reference information, clinical alerts, and others. Increasing incidences of medication errors and hospital readmission due to inadequate health outcome are expected to promote wide adoption of the clinical decision support system. According to World Health Organization (WHO) report, in 2017, medication error cost around US$ 42 billion annually worldwide. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/clinicaldecision-and-support-system-market-2054 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION New product launches, collaborations, and acquisitions by key players are expected to drive growth of the clinical decision support system market Key players are launching innovative products in the endoscopy market in order to maintain leading position in market. These new products could be easily integrated with Electronic Health Record (EHR), Computerized Physician Order Entry (CPOE) system thereby avoiding duplication of work. New systems has cloud-based support system that allows CDSS to get updated continuously for new clinical data, evidence and other information to help in prescription, diagnosis thereby providing quality health care. In 2017, Change Healthcare launched the new version of InterQual clinical decision support system, which consist of Medicare Procedures (U.S. State insurance) with efficient set of criteria, review, and other features that better help decision-making. For instance, this system Centers for Medicare & Medicaid Service’s geometric mean length of stay data that provide target length of stay for Medicare beneficiary. Browse 31 Market Data Tables and 35 Figures spread through 177 Pages and in-depth TOC on “Clinical Decision and Support System Market”- by Products (Stand Alone CDSS and Integrated CDSS), by Component (Hardware, Software and Services), by Mode of Delivery (On Premise CDSS and Cloud based CDSS), by Application (Diagnosis Support, Prescription Support, Clinical Alert and Clinical Guideline and Others), by End User (Hospitals, Ambulatory Centers, Clinics and Others ), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/2054 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Key Takeaways of the Clinical Decision and Support System Market: The global clinical decision support system market is expected to exhibit a CAGR of 11.69% over the forecast period, owing to increasing awareness regarding benefits of CDSS, increasing incidence of medical error, hospital readmissions, and adverse drug event Among product type, integrated clinical decision support system segment is expected to hold dominant position in the market, as electronic health record and computerized physician order entry are majorly updated for integrating with CDSS to provide better clinical judgment, and provide benefit of synergy. Among component, service segment is expected to dominate the market, as cloud-based services are expected to witness significant growth. Among mode of delivery, cloud-based system segment is expected to dominate the market. Among end users, hospitals segment holds dominant position in market, as increasing complex data base with specialized need of care for each patient and vast database generated in the process demands for comprehensive and evidence based input to provide quality care to patients. North America is expected to be the dominant region in the clinical decision support system market, followed by Europe. The U.S. invests major amount over healthcare in the world, and it is focused to provide value-based care, which could be attended effectively by implementing CDSS.
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