Clinical Decision Support Market – Top Companies, Business Growth & Investment Opportunities, Share and Forecasts

Kenneth Research has published a detailed report on Clinical Decision Support Market which has been categorized by market size, growth indicators and encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2019-2026.

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The report covers the forecast and analysis of the Clinical Decision Support Market on a global and regional level. The study provides historical data from 2015 to 2019 along with a forecast from 2019-2026 based on revenue (USD Million). In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked a growth of 5.73% in 2018 over previous year according to the data quoted by International Monetary Fund. This is likely to impel the growth of Clinical Decision Support Market over the period 2019-2026.

According to the U.S. Centers for Medicare & Medicaid Services, the national health spending is estimated to grow at an annual rate of 5.5% during 2018-2027 in the United States. Moreover, the total spending in the healthcare industry in the country is anticipated to reach around USD 6 trillion by the end of 2027. On the back of such factors, the market is predicted to observe a significant growth in the next few years.

Clinical Decision Support Systems are tool for improving the operational efficiency of healthcare practices. These tools provide timely patient-specific information and therefore solve the problem of maintaining both administrative and clinical records. Clinical decision support systems comprise of computer applications that are designed to help healthcare professionals with making clinical decisions about individual patients to generate case-specific advice. According to WHO, the geriatric population is expected to rise by nearly 22% by 2050, which is expected to raise the demand for the clinical decision support system. Clinical decision support systems have become more of a necessity today

Clinical decision support (CDS) provides clinicians, staff, patients or other individuals with knowledge and person-specific information, intelligently filtered or presented at appropriate times, to enhance health and health care. CDS encompasses a variety of tools to enhance decision-making in the clinical workflow. These tools include computerized alerts and reminders to care providers and patients; clinical guidelines; condition-specific order sets; focused patient data reports and summaries; documentation templates; diagnostic support, and contextually relevant reference information, among other tools.
Global clinical decision support system market report is segmented on the basis of model, mode of delivery, component, product, application and regional & country level. Based on model, global clinical decision support system market is classified as knowledge-based CDSS and non-knowledge CDSS. Based upon mode of delivery, global clinical decision support system market is classified into cloud based and on-premise. Based upon component, global clinical decision support system market is classified into hardware, software and services.

Scope of the Report
Clinical decision support systems refer to healthcare IT systems, designed specifically to assist clinical decision support for healthcare professionals and physicians. They include various tools that help enhance decision-making in clinical workflow. Additionally, they provide computerized alerts and reminders to care providers and patients, clinical guidelines, focused patient data reports and summaries, diagnostic support, and documentation templates, among other tools.

Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the global Clinical Decision Support Systems market presented in the report. This section sheds light on the sales growth of different regional and country-level Clinical Decision Support Systems markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Clinical Decision Support Systems market.

On the basis of component
*Hardware
*Software
*Services

On the basis of delivery mode
*Cloud-based
*On-premise

On the basis of type
*Therapeutic CDSS
*Diagnostic CDSS

On the basis of product
*Standalone CDSS
*Integrated CDSS

By Regional Ananlysis
North America
*U.S.
*Canada

Europe
*Germany
*UK
*France
*Italy
*Spain
*Belgium
*Russia
*Netherlands
*Rest of Europe

Asia-Pacific
*China
*India
*Japan
*Korea
*Singapore
*Malaysia
*Indonesia
*Thailand
*Philippines
*Rest of Asia-Pacific

Latin America
*Brazil
*Mexico
*Argentina
*Rest of LATAM

Middle East & Africa
*UAE
*Saudi Arabia
*South Africa
*Rest of MEA

Major players of the market
Allscripts, Cerner Corporation, Elsevier, Epic Systems Corporation, Koninklijke Philips N.V., Mckesson Corporation, Medical Information Technology, Inc, Truven Health Analytics, Wolters Kluwer and Zynx Health are the key players of the clinical decision support system market.

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Competitive Analysis:
The Clinical Decision Support Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included in this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Key points covered in this report:
• The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.
• The import and export details along with consumption value and production capability of every region is mentioned in the report.
• Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.
• The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies.

About Kenneth Research:

Kenneth Research is a reselling agency which focuses on multi-client market research database. The primary goal of the agency is to help industry professionals including various individuals and organizations gain an extra edge of competitiveness and help them identify the market trends and scope. The quality reports provided by the agency aims to make decision making easier for industry professionals and take firm decisions which helps them to form strategies after complete assessment of the market. Some of the industries under focus include healthcare & pharmaceuticals, ICT & Telecom, automotive and transportation, energy and power, chemicals, FMCG, food and beverages, aerospace and defense and others. Kenneth Research also focuses on strategic business consultancy services and offers a single platform for the best industry market research reports.

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