Key Insights On The Clinical Decision Support Systems Market 2023 – Size, Driver, And Major Players
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Clinical Decision Support Systems Global Market Report 2023, the clinical decision support systems market is expected to show significant growth in the forecast period.
Key insights from the clinical decision support systems market forecast include:
- Market Size
The worldwide clinical decision support systems market is set to rise from $2.45 billion in 2022 to $2.75 billion in 2023, with a 12.2% CAGR. By 2027, it’s projected to reach $4.22 billion, growing at an 11.3% CAGR.
- Major Driver
Rising hospital information system adoption fuels clinical decision support systems market growth. Information systems encompass data collection, storage, and processing tools, enhancing clinical data flow and healthcare facility operations. In 2021, IDC reported that healthcare IT spending in Asia is projected to reach USD 14.9 billion by 2022. Hence, increased hospital information system adoption drives clinical decision support systems market growth.
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- Key Trend
Tech advancements are a prominent trend in the clinical decision support systems market. Major firms aim to bolster their market standing through new technological solutions. In April 2022, Change Healthcare, a US healthcare tech company, unveiled InterQual, an evidence-based care clinical decision support solution. It features interactive criteria, AI-driven proactive insights, and predictive capabilities for patient placement.
- Largest Region
North America was the largest region in the clinical decision support systems market in 2022.
- Major Players
Major players in the clinical decision support systems market are Cerner Corporation, Epic Systems Corporation, Meditech Medical Limited, Wolters Kluwer Health Inc., Zynx Health Incorporated, Elsevier B.V., IBM Watson Health, NextGen Healthcare Inc., Siemens Healthineers AG, Allscripts Healthcare Solutions Inc., Change Healthcare, Medical Information Technology Inc., Koninklijke Philips NV, and Athena Health Care Private Limited.
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Key Clinical Decision Support Systems Market Segments
The global 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
The Clinical Decision Support Systems Global Market Report 2023 provides an in-depth analysis on the clinical decision support systems market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the clinical decision support systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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