Overview and Scope
Clinical decision support systems (CDSS) are computer-based programs that analyze data within electronic health records (EHRs) to provide health care providers with reminders to assist them at the point of care to implement evidence-based clinical guidelines.
Sizing and Forecast
The clinical decision support systems market size has grown rapidly in recent years. It will grow from $2.81 billion in 2023 to $3.14 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to increased healthcare data, advancements in medical knowledge, patient safety concerns, healthcare cost pressures, demand for evidence-based medicine.
The clinical decision support systems market size is expected to see rapid growth in the next few years. It will grow to $5.07 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to precision medicine initiatives, value-based care models, real-time decision support, population health management, interoperability initiatives, cybersecurity concerns. Major trends in the forecast period include mobile and cloud-based cuss solutions, clinical workflow optimization, patient-centric cuss applications, real-time analytics for clinical insights, collaboration with telehealth services.
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Segmentation & Regional Insights
The clinical decision support systems market covered in this report is segmented –
1) By Component: Services, Software, Hardware
2) By Model: Knowledge-Based CDSS, Non-Knowledge CDSS
3) By Delivery Mode: On Premise, Cloud Based
4) By Application: Medical Diagnosis, Alerts And Reminders, Prescription Decision Support, Information Retrieval, Other Applications
5) By End-User: Clinics, Hospitals, Ambulatory Surgical Centers, Others End Users
North America was the largest region in the clinical decision support systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clinical decision support systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increase in the adoption of information systems by hospitals is expected to drive the clinical decision support systems market growth going forward. Information systems consist of the software and hardware systems that are used to collect, store, and process data. Information systems are being adopted by healthcare facilities to promote smooth functioning and seamless clinical data flow. For instance, in 2021, according to the International Data Corporation (IDC), a US-based advisory services company, healthcare IT spending in Asia is expected to reach USD 14.9 billion by 2022. Hence, an increase in the adoption of information systems by hospitals is promoting clinical decision support systems market growth.
Key Industry Players
Major companies operating in the clinical decision support systems market report are McKesson Corporation, Siemens Healthineers AG, Koninklijke Philips N.V., GE Healthcare, Hera-MI LLC, Cerner Corporation, Epic Systems Corporation, Elsevier B.V., Change Healthcare Corporation, Allscripts Healthcare Solutions Inc., Athenahealth Inc., Wolters Kluwer Health, Premier Inc., eClinicalWorks Inc., Veradigm Inc., NextGen Healthcare Inc., Medical Information Technology Inc., Meditech Systems Network Inc., Health Catalyst, CareCloud Inc., CureMD Inc., Strata Decision Technology, Zynx Health, First Databank Inc., Clinical Architecture Inc., VisualDx Group Inc., Apervita Inc., IBM Watson Health, The Medical Algorithms Company LP, RAMPmedical Inc.
The clinical decision support systems market report table of contents includes:
1. Executive Summary
2. Clinical Decision Support Systems Market Characteristics
3. Clinical Decision Support Systems Market Trends And Strategies
4. Clinical Decision Support Systems Market – Macro Economic Scenario
5. Global Clinical Decision Support Systems Market Size and Growth
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31. Clinical Decision Support Systems Market Other Major And Innovative Companies
32. Global Clinical Decision Support Systems Market Competitive Benchmarking
33. Global Clinical Decision Support Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Clinical Decision Support Systems Market
35. Clinical Decision Support Systems Market Future Outlook and Potential Analysis
36.Appendix
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