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Clinical Decision Support Systems Market Size, Share and Global Trend By Delivery Mode (Cloubased Delivery System, Standalone Delivery System), By Component (Software, Service), By Application (Clinical Informatics and Surveillance, Clinical Drug Information, Disease and Condition Management, Formulary Management) By End User (Hospitals, Clinics, Ambulatory Surgery Centers), and Geography Forecast Till 2026

Region : Global | Report ID: FBI100605 | Status : Ongoing

 

KEY MARKET INSIGHTS

The increasing patient population has raised the need for tools to store and analyze a large amount of patient data in order to reduce the burden of the healthcare providers. In 2013, a team of researchers suggested a new approach, CONFlexFlow, in order to integrate clinical outcomes and clinical decision support systems. The clinical decision support system is an intelligent system which analyses past data, treatment patterns, and gives smart decisions in order to improve the health of the patient. The important advantage of a clinical decision support system is that it provides knowledge and person-specific information to clinicians, staff, and patients. Currently, there is a global need for systems with advanced algorithms, interactive interfaces, and service-oriented architectures to deal with the rapidly increasing prevalence of chronic diseases followed by increasing patient population.

Growing demand for intelligent software solutions with the aim to efficiently manage rapidly increasing patient pool across the globe is expected to boost the growth of the global clinical decision support systems market during the forecast period. Moreover, the capability of software technology to predict patient conditions is extensively projected to increase the adoption of clinical decision support systems shortly.

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Certain factors, such as reluctance of healthcare resources to install and operate clinical decision support systems, are expected to hamper the growth of the global clinical decision support systems market. Moreover, higher costs of software installations and post-sale supports are also considerably expected to restrain the growth of the global clinical decision support systems market.

KEY PLAYERS COVERED  

Some of the major companies that are present in the global clinical decision support systems market are Allscripts, Cerner Corporation, Change Healthcare, McKesson Corporation, Medical Information Technology Inc., Computer Programs and Systems Inc., Curaspan Health Group, Wolters Kluwer, Hearst Health, CureMD Healthcare, Enli Health Intelligence, Epic Systems Corporation, GE Management Systems, Healthagen, Healthcatalyst, Homecare Homebase, IBM Watson Health, and others.

SEGMENTATION

SEGMENTATION

 DETAILS

By Delivery Mode

·      Cloud-based Delivery System

·      Standalone Delivery System

By Component

·      Software

·      Service

By Application

·      Clinical Informatics and Surveillance

·      Clinical Drug Information

·      Disease and Condition Management

·      Formulary Management

·      Medication Safety

·      Patient Education

·      Others

By End User

·      Hospitals

·      Clinics

·      Ambulatory Surgery Centres

·      Others

By Geography

·      North America (USA and Canada)

·      Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

·      Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

·      Latin America (Brazil, Mexico and Rest of Latin America)

·      Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

                               

Among the segmentation, Cloud-based delivery system in delivery mode is expected to register comparatively higher CAGR owing to ease of use, comparatively lesser cost and higher agility offered by cloud-based delivery systems.

KEY INSIGHTS

Regulatory scenario for key countries

Key startups with their funding overview

New product launch

Recent industry developments such as partnerships, mergers, and acquisitions

Key performance indicators for global clinical decision support systems market

REGIONAL ANALYSIS

North America is expected to hold a considerable share in the global clinical decision support systems market owing to higher adoption of clinical decision systems by a higher number of healthcare institutions. Moreover, the launch of new technologies to integrate existing data handling systems such as EHR and clinical decision systems are offering predictive scenarios for patients, which is responsible for better patient experience and treatment. Asia Pacific holds huge potential for growth of the global clinical decision support systems owing to rapidly increasing patient population and growing need for software assistance for managing this increasing patient population. Furthermore, increasing collaboration between healthcare institutions and information technology companies for developing new systems is expected to boost the growth of the global clinical decision support systems in the Asia Pacific.

Key Industry Developments

·  In July 2018, Elsevier and RELX Group agreed upon strategic collaboration with aim to develop and commercialize online radiology diagnostic decision support tool, STATdx.

·  In August 2018, Mayo Clinic and National Decision Support Company (NDSC) agreed upon strategic partnership with aim to design and develop Integrated Blood Management System (IBMS). The new launch will strengthen clinical expertise of Mayo clinic and EHR – enabled clinical decision support system product portfolio of NDSC. 

·  In September 2018, F. Hoffmann-La Roche Ltd. Launched two new software solutions in their clinical decision support systems product portfolio. NAVIFY Clinical Trial Match and NAVIFY Publication Search with aim to locate relevant content of particular disease condition or drug phase on clinical trial and medical publication databases.

·  In December 2018, University of California, San Francisco launched an advanced data extraction tool which will extract data from Health Systems and directly transfer it to the EHR systems in order to assist physicians to improve clinical decision support for new born patients.


Clinical Decision Support Systems Market  Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

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