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The clinical decision support systems market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 10%, as per The Business Research Company’s market report!

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The Clinical Decision Support Systems Market Size In 2022 And Forecast

The global clinical decision support systems market is expected to grow from $2.19 billion in 2021 to $2.44 billion in 2022 at a compound annual growth rate (CAGR) of 11.1%. The global clinical decision support systems market size is expected to grow to $3.62 billion in 2026 at a CAGR of 10.4%.

The clinical decision support systems (CDSS) market consists of sales of clinical decision support systems by entities (organizations, sole traders, partnerships) that are used by nurses to facilitate decision-making through patient status as connecting evidence.

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An Increase In The Adoption Of Information Systems By Hospitals Is Driving The Growth Of The Clinical Decision Support Systems Market

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 the growth of the market.

Competitive Landscape And The Regional Analysis Of The Clinical Decision Support Systems Market

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.

Additionally, as per TBRC’s research – North America was the largest region in the clinical decision support systems market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Clinical Decision Support Systems Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the clinical decision support systems market.

Technological Advancement – A Key Trend 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.

Clinical Decision Support Systems Market Segmentation By The Business Research Company

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, Others

5) By End-User: Clinics, Hospitals, Ambulatory Surgical Centers, Others

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