Global CDSS Market is estimated to grow at a CAGR of 9.5% during the forecast period 2018-2023

1
Clinical Decision Support Systems Market
analysis and drive growth by 2023

• Clinical Decision Support Systems Market is
  expected to reach 1085 million by 2023

2
Americas dominates the Clinical Decision Support
Systems Market

• Americas holds a major share in the Clinical
  Decision Support Systems Market. It is expected
  to reach 534.03 million by 2023 at a CAGR of
  9.6.
• USA is the largest market for CDSS and is
  expected to reach 267.8 million at a CAGR of
  7.8. This is followed by Europe and Asia
  Pacific.
• In America, the growth of the market can be
  attributed to the expansion of the healthcare
  informatics market in countries like US and
  Canada.
• The government in US has begun implementing
  digitalization of medical records in hospitals by
  enforcing laws such as the American Recovery and
  Reinvestment Act (2009) and Health Information
  Technology for Economic and Clinical Health Act
  (HITECH).

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3
Selected Analysis done in the full Report

• Standalone devices account for the majority of
  the revenue in the Clinical Decision Support
  Systems Market. This segment is expected to reach
  685.8 million at a CAGR of 8.5. Data entry
  integrated system will experience a growth of
  401.4 million at 11.5.
• Alerts and reminders are activated in the
  background during patient and data entry. They
  prepare real time information for the decision
  makers to update a patients status, augment a
  decision, and to prevent a negative action.

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4
Excerpts on Market Growth Factors

• The clinical decision support systems can reduce
  the medical errors by helping the decision makers
  in improving the overall health of the patient.
  This factor drives the growth of the Clinical
  Decision Support Systems Market.
• Healthcare initiatives undertaken by the
  government, enhance the demand for clinical
  decision support systems. E.g. Health
  Information Technology for Economic and Clinical
  Health (HITECH) act.
• CDSS enhances the quality and efficiency of the
  patient workflow. It helps in evidence based
  decision making with the help of the algorithm
  based software and needs frequent software
  updates. Proper integration along with user
  friendliness and ease of operation enhances the
  growth of clinical decision support systems.

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5
Key players of the Clinical Decision Support
Systems Market

• Alere Inc.
• Autonomy Corporation plc
• Cerner Multum, Inc.
• EBSCO Industries, Inc.
• Elsevier Clinical Decision Support
• Evidera/ Archimedes Inc.
• FirstDataBank, Inc.
• GIDEON Informatics, Inc.
• IBM Watson
• ICNet International Limited

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6
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7
About IndustryARC

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