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Global Clinical Decision Support System Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023

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  • Free Analysis
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Report Summary

The global Clinical decision support system Market is expected to increase from USD 560.5 million in 2016, to USD 1,824.7 million in 2023, at a CAGR of 18.4% from 2017 to 2023. The growth in clinical decision support system market is attributed to the increasing government support, growing investment in healthcare IT, and increasing demand for technological advancements in healthcare sector. The years used for the assessment are as follows;

  • Historical year   : 2015
  • Base year            : 2016
  • Forecast period : 2017 – 2023

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys and other secondary sources.
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them.
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points.
  • Bridging the data points to calculate the total clinical decision support system market and its various segments.
  • Anticipating potential risks.
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global clinical decision support system market.
  • Finalizing the overall size and share for the global clinical decision support system market. 

OBJECTIVES: 

  • To classify global clinical decision support system market into segments on the basis of component, model, product, delivery mode, application and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with the clinical decision support system market.
  •  Profiling key companies operating in the global clinical decision support system market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for clinical decision support system market is as follows:

By Component 

  • Software
  • Hardware
  • Services

By Model

  • Knowledge-Based Clinical Decision Support Systems
  • Non-Knowledge-Based Clinical Decision Support Systems

By Product

  • Standalone Clinical Decision Support Systems
  • Integrated Clinical Decision Support Systems
  • Standard-Based Clinical Decision Support System
  • Service Model Based Clinical Decision Support System 

By Delivery Model

  • Web-Based Clinical Decision Support System
  • On Premise Clinical Decision Support System
  • Cloud Based Clinical Decision Support System

By Application 

  • Drug-Drug Interactions
  • Clinical Guidelines
  • Drug Allergy Alerts
  • Clinical Reminders
  • Drug Dosing Support
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa(MEA)

Free Analysis

The global clinical decision support system (CDSS) market is expected to increase from USD 560.5 million in 2016, to USD 1,824.7 million in 2023, at a CAGR of 18.4% from 2017 to 2023. The growth is attributed to increasing government support, growing investment in healthcare IT, and increasing demand for technological advancements in healthcare sector. However, complexity and Interoperability issues associated with clinical decision support systems, and privacy and security concerns regarding patient information may hinder the market growth to some extent during the forecast period.

The knowledge-based clinical decision support system model segment holds the major share of the global CDSS market and is expected to hold its dominance during 2017-2023, because of its ability to use inference engine for decision making tasks. The drug allergy alerts was the largest application of the CDSS market in 2016. The clinical reminders application segment is expected to show highest CAGR during the forecast period. On the basis of delivery mode, the cloud-based CDSS is expected to show fastest CAGR during 2017-2023.

Geographically, North America holds the largest share of the global CDSS market and is projected to continue its dominance over the forecast period, owing to favourable government policies coupled with technological advancements, and increasing prevalence of chronic diseases in the region. Asia-Pacific is projected to indicate high growth rate during the forecast period in the global CDSS market due to rising healthcare spending and increasing adoption of information technology in healthcare sector.

Some of the key companies operating in the CDSS market include Cerner Corporation, EPIC Systems Corporation, Allscripts Healthcare Solutions, Inc., IBM Corporation, Philips Healthcare, Mckesson Corporation, Meditech, Wolters Kluwer Health, among others

Table of Contents

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Component

1.2.2. Market Breakdown, By Model

1.2.3. Market Breakdown, By Product

1.2.4. Market Breakdown, By Delivery Mode

1.2.5. Market Breakdown, By Application

1.2.6. Market Breakdown, By Region

1.3. Research Methodology

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Landscape

2.2.1. Market Share

2.2.2. Opportunities

            2.2.2.1. Huge market potential in the emerging economies

        2.2.3. Trends

   2.2.3.1. Expanding applications of clinical decision support system in variety of clinical activities

       2.2.4. Growth Drivers

   2.2.4.1. Increasing support from governments across the globe

   2.2.4.2. Growing investment by companies in healthcare IT

   2.2.4.3. Growing demand for technological advancements in healthcare sector

        2.2.5. Impact Analysis of Drivers on Future Forecast of the Market

2.2.6. Restraints of the Market

   2.2.6.1. Privacy and security concerns regarding patient information

   2.2.6.2. Complexity and Interoperability issues associated with clinical decision support systems

       2.2.7. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. Regional Regulatory Affairs

3.2. Competitive Analysis

3.3. Investment Analysis

3.4. Recommendations

CHAPTER 4. Global Clinical Decision Support System Market Size and Forecast (2013 – 2023)

4.1. Global Clinical Decision Support System Market, By Component

4.1.1. Software

4.1.2. Hardware

4.1.3. Services

4.2. Global Clinical Decision Support System Market, By Model

4.2.1. Knowledge-Based Clinical Decision Support Systems

4.2.2. Non-Knowledge-Based Clinical Decision Support Systems

4.3. Global Clinical Decision Support System Market, By Product

4.3.1. Standalone Clinical Decision Support Systems

4.3.2. Integrated Clinical Decision Support Systems

4.3.3. Standard-Based Clinical Decision Support System

4.3.4. Service Model Based Clinical Decision Support System

4.4. Global Clinical Decision Support System Market, By Delivery Mode

4.4.1. Web-Based Clinical Decision Support System

4.4.2. On Premise Clinical Decision Support System

4.4.3. Cloud Based Clinical Decision Support System

4.5. Global Clinical Decision Support System Market, By Application

4.5.1. Drug-Drug Interactions

4.5.2. Clinical Guidelines

4.5.3. Drug Allergy Alerts

4.5.4. Clinical Reminders

4.5.5. Drug Dosing Support

4.5.6. Others

4.6. Global Clinical Decision Support System Market, By Region

4.6.1. North America

4.6.2. Europe

4.6.3. Asia-Pacific

4.6.4. South America

4.6.5. Middle East & Africa(MEA)

CHAPTER 5. Global Clinical Decision Support System Market, By Geography

5.1. North America Clinical Decision Support System Market

5.1.1. North America Clinical Decision Support System Market, By Component

5.1.2. North America Clinical Decision Support System Market, By Model

5.1.3. North America Clinical Decision Support System Market, By Product

5.1.4. North America Clinical Decision Support System Market, By Delivery Mode

5.1.5. North America Clinical Decision Support System Market, By Application

5.1.6. North America Clinical Decision Support System Market, By Country

   5.1.6.1. The U.S.

   5.1.6.2. Canada

   5.1.6.3. Rest of North America

5.2. Europe Clinical Decision Support System Market

5.2.1. Europe Clinical Decision Support System Market, By Component

5.2.2. Europe Clinical Decision Support System Market, By Model

5.2.3. Europe Clinical Decision Support System Market, By Product

5.2.4. Europe Clinical Decision Support System Market, By Delivery Mode

5.2.5 Europe Clinical Decision Support System Market, By Application

5.2.5. Europe Clinical Decision Support System Market, By Country

    5.2.5.1. Germany

    5.2.5.2. France

    5.2.5.3. The U.K.

    5.2.5.4. Italy

    5.2.5.5. Spain

    5.2.5.6. Russia

    5.2.5.7. Rest of Europe

5.3. Asia-Pacific Clinical Decision Support System Market

5.3.1. Asia-Pacific Clinical Decision Support System Market, By Component

5.3.2. Asia-Pacific Clinical Decision Support System Market, By Model

5.3.3. Asia-Pacific Clinical Decision Support System Market, By Product

5.3.4. Asia-Pacific Clinical Decision Support System Market, By Delivery Mode

5.3.5. Asia-Pacific Clinical Decision Support System Market, By Application

5.3.3. Asia-Pacific Clinical Decision Support System Market, By Country

   5.3.5.1. China

   5.3.5.2. Japan

   5.3.5.3. India

   5.3.5.4. Australia

   5.3.5.5. Rest of Asia-Pacific

5.4. South America Clinical Decision Support System Market

5.4.1. South America Clinical Decision Support System Market, By Component

5.4.2. South America Clinical Decision Support System Market, By Model

5.4.3. South America Clinical Decision Support System Market, By Product

5.4.4. South America Clinical Decision Support System Market, By Delivery Mode

5.4.5. South America Clinical Decision Support System Market, By Application

5.4.6. South America Clinical Decision Support System Market, By Country

    5.4.6.1. Brazil

    5.4.6.2. Rest of South America

5.5. Middle East & Africa (MEA) Clinical Decision Support System Market

5.5.1. Middle East & Africa (MEA) Clinical Decision Support System Market, By Component

5.5.2. Middle East & Africa (MEA) Clinical Decision Support System Market, By Model

5.5.3. Middle East & Africa (MEA) Clinical Decision Support System Market, By Product

5.5.4. Middle East & Africa (MEA) Clinical Decision Support System Market, By Delivery Mode

5.5.5. Middle East & Africa (MEA) Clinical Decision Support System Market, By Application

CHAPTER 6. COMPETITIVE ANALYSIS

6.1. Porters Five Forces Analysis

6.1.1. Bargaining Power of Buyers

6.1.2. Bargaining Power of Suppliers

6.1.3. Threat of New Entrants

6.1.4. Intensity of Rivalry

6.1.5. Threat of Substitutes

CHAPTER 7. Key Players and Strategic Developments

7.1. Cerner Corporation.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. EPIC Systems Corporation

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Allscripts Healthcare Solutions, Inc

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. IBM Corporation

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Philips Healthcare

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Mckesson Corporation

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Meditech

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Wolters Kluwer Health

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

CHAPTER 8. RESEARCH APPROACH

8.1. Initial Data Search

8.2. Secondary Research

8.3. Primary Research

8.4. Scope and Assumptions

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Global Clinical Decision Support System Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023

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The post Global Clinical Decision Support System Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023 appeared first on Energias Market Research.



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