The Clinical Decision Support Systems Global Market Report 2023 by The Business Research Company, provides clinical decision support systems market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Clinical Decision Support Systems Global Market Report 2023, the market size is expected to grow from $2.45 billion in 2022 to $2.75 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global clinical decision support systems is expected to grow to $4.22 billion in 2027 at a CAGR of 11.3%.
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.
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The clinical decision support systems market 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
Technological advancements have emerged as the key trend gaining popularity in the clinical decision support systems market. Major companies operating in the clinical decision support systems market are focused on developing new technological solutions to strengthen their position in the market. For instance, in April 2022, Change Healthcare, a US-based healthcare technology company, launched a clinical decision support solution, InterQual, for evidence-based care. This includes interactive and restructured criteria to streamline workflow and artificial intelligence to drive proactive insights. This can predict if a patient is required to be placed under observation or whether the patient requires a short-term or long-term stay.
Top Major Players
Cerner Corporation,
Epic Systems Corporation,
Meditech Medical Limited,
Wolters Kluwer Health Inc.,
Zynx Health Incorporated
The clinical decision support systems market report table of contents includes:
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List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Clinical Decision Support Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Clinical Decision Support Systems Market, Segmentation By Model, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Clinical Decision Support Systems Market, Segmentation By Delivery Mode, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 48: Cerner Corporation Financial Performance
Table 49: Epic Systems Corporation Financial Performance
Table 50: Meditech Medical Limited Financial Performance
Table 51: Wolters Kluwer Health Inc Financial Performance
Table 52: Zynx Health Incorporated Financial Performance
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