What is the Impact of the Novel Coronavirus on the Global Clinical Decision Support System Market?

The report on Clinical Decision Support System Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global clinical decision support system market. It will help a lot of decision-makers to develop strategies and find new opportunities in the global markets of clinical decision support system. According to the report the global clinical decision support system market is projected to grow at a CAGR of 11.2% over the forecast period of 2018-2024.

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The clinical decision support system is designed to support the decision-making of a physician or health care professional. Here, characteristics of the individual patient is matched with computerized clinical knowledge base information and provide suggestions for the clinical team and patient. Electronic health record or electronic medical record is one of the important application of CDSS. CDSS artificial intelligence plays a major role in managing medical records, to customize treatment design, drug creation, and medication management. The main function of the clinical decision system is managing clinical complexity, supporting clinical diagnosis and treatment plan processes, avoiding duplicate or unnecessary tests, and Administrative.

Increasing Government Initiative, to Reform the Healthcare Sector May Boost the Opportunities for the Market

The major factor such as technological advancement in software integration facilities with other electronic medical record systems is expected to fuelling the growth of the clinical decision support system market. In addition, growing the primary healthcare support across the world, growing need of integrated healthcare IT system, and rising government funding for the healthcare IT system is also driving the growth of the global clinical decision support market. However, Lack of Interoperability, High maintenance, and service expenses hinders the growth of the global clinical decision support market. Emergences of cloud computing and substantial growth in the number of hospital and healthcare facilities adopting several forms of the clinical decision support system in recent times are some of the factors that provides significant growth opportunities for the clinical decision support system market in near future. Moreover, the increasing government initiative, to reform the healthcare sector may boost the opportunities for the market in upcoming years.

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North America Dominates the Growth in Clinical Decision Support System Market

North America dominates the growth in the clinical decision support system market followed by Europe. Increasing investment from healthcare IT players and early adoption by healthcare services providers makes North America a leading region in the clinical decision support system market. On the other hand, Asia Pacific is the fastest-growing region owing to the growing number of chronic diseases and rapidly increasing population. Going forward, China, Japan, and India holds huge potential for the growth of the market.

Clinical Decision Support System Market: Segmentation

The report on the global clinical decision support system market covers segments such as, system, mode of advice, application, delivery model and end-use. On the basis of system the global clinical decision support system market is categorized into knowledge-based systems, expert laboratory information system and machine learning systems. On the basis of mode of advice the global clinical decision support system market is categorized into passive CDSs and active CDSs. On the basis of application, the global clinical decision support system market is categorized into drug databases, care plans, diagnostic decision support, disease reference and others. On the basis of delivery model the global clinical decision support system market is categorized into on-premise, web-based and cloud-based. On the basis of end-use the global clinical decision support system market is categorized into hospitals, diagnostic centers, clinics, retail pharmacy and others.

Clinical Decision Support System Market: Competitive Landscape

The report provides profiles of the companies in the global clinical decision support system market such as, Allscripts Healthcare Solutions, Inc., First Databank, Inc., Truven Health Analytics, Cerner, Philips Healthcare, Siemens Healthcare, Optum, Inc. (UnitedHealth Group), GE Healthcare and Epic Systems Corporation Inc..

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Reasons to Buy this Report:

• Comprehensive analysis of global as well as regional markets of the clinical decision support system.
• Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2024.
• Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
• Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.