Global Clinical Decision Support System Market Set to Witness Strong Growth at a CAGR of 11% during Forecast 2017-2025

Published on : Apr 10, 2018

Albany, New York, April 10, 2018: Presently, the increasing needs for patients and hospitals staffs to streamline their daily workflow and manage their practice effectively has driven the demand for clinical decision support systems. A fresh study, titled “Clinical Decision Support System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has been publicized to the wide repository of Market Research Hub (MRH), which offers comprehensive insights from the market with a prime attention on key regions. The main motive of the study is to provide an in-depth analysis of the market trends, factors in the current market along with industry growth prospects from 2013 to 2017, and forecast to 2025.

Key Insights from the Report

At first, the report starts by presenting a detailed overview of clinical decision support system, which includes a market snapshot that provides information about various segments of the market. Clinical decision support system can be defined as, a managerial as well as a clinical tool that helps in improving operational efficiency of healthcare practices. It provides the wide range of features and benefits ranging from patient scheduling, treatment planning, alert systems, clinical charting, electronic prescriptions, billing, insurance claims and business analytical solutions to the clinics and hospitals staffs as well as patient.

As per the recent study findings, the demand in the global clinical decision support system market will grow at a prominent CAGR of 11% during the forecast period of 2017 to 2025. The analysts have also estimated that the global clinical decision support system market will be worth US$ 1,318.4 Mn by the end of 2025. In 2016, the market was valued over US$ 523.8 Mn in 2016. The high prevalence and incidence rates of chronic diseases, increase in a number of cases of cancer cases and prosthetic rehabilitation in global population has resulted in an increase in patient flow to clinics. Therefore, the hospitals and clinics are required to handle the large volume of patient information. To overcome this, the usage-based systems save the operational time of clinicians and help to improve its practice management performance.

Another important section of the report offers brief segmental analysis of the global clinical decision support system which helps readers to grasp information on its regional expansion, demand from end-user and its usage. The market has been segmented on the basis of usage-based, application, mode of advice, delivery model, end user and geography. Regions highlighted in the study include North America, Middle East and Africa, Asia-Pacific, Latin America and Europe.

The report also detailed the business and product strategy of some of the leading players in the market. The financial performance of the companies has been included and a detailed analysis has been offered to readers. The major players in the clinical decision support system are Allscripts Healthcare Solutions, Inc., First Databank, Inc., Epic Systems Corporation Inc., Truven Health Analytics, Cerner, GE Healthcare, Philips Healthcare, Siemens Healthcare, Optum, Inc. (UnitedHealth Group),. and others.

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