Global Clinical Decision Support Systems (CDSS) Market: Analysis and Forecast, 2021-2030

Mar 2021| BIS204B| BIS Research

Report Highlights

Global CDSS Market to Reach $3.74 Billion by 2030

Market Report Coverage - Global CDSS Market

Market Segmentation

  • Product Type (Integrated and Standalone)
  • CDSS Type (Conventional and Advanced)
  • Application (Preventive Care, Diagnostics, Follow-Up Management, Others (Planning, Implementation, etc.)
  • End User (Hospitals and Clinics, Ambulatory Surgical Centers, Other End Users (Nursing Homes, Elderly Care Centers, etc.)
  • User Interactivity (Active CDSS and Passive CDSS)
  • Model (Knowledge-Based and Non-Knowledge Based)
  • Delivery Mode (On-Premise CDSS and Cloud-Based CDSS)

Regional Segmentation

  • North America – U.S., Canada
  • Europe – Germany, France, Italy, U.K., Spain, Rest-of-Europe
  • Asia-Pacific – China, Japan, India, Australia, South Korea, Rest-of-Asia-Pacific (RoAPAC)
  • Rest-of-the-World

Growth Drivers

  • Growing Emphasis on Reducing Medical Errors and Hospital Readmission Rates to Reduce Healthcare Costs
  • Rise in the Number of Chronic Diseases
  • Technological Advancements in the Field of Information Technology
  • Shortage of Healthcare Workforce to Drive Demand for CDSS
  • Partnerships between CDSS Vendors and Cloud-Based Service Providers

Market Challenges

  • Reluctance of Clinicians to use CDSS Systems due to Computer Illiteracy
  • Lack of Interoperability among CDSS and EHR
  • Data Security and Privacy Concerns

Market Opportunities

  • Integration of CDSS with Blockchain
  • Collaborations with Precision Medicine Providers
  • Business Expansion in the Emerging Markets
  • Product Differentiation

Key Companies Profiled

  • Allscripts Healthcare Solutions, Inc., Cerner Corporation, Change Healthcare, General Electric Company, International Business Machines Corporation, McKesson Corporation, RELX Group, Wolters Kluwer N.V., Epic Systems Corporation, Hearst Corporation, Inferscience, Inc., Medical Information Technology, Inc. (MEDITECH), Oncology Analytics, Inc., Persivia Inc., and VisualDx. In addition, the report also provides snapshots for three players, namely, CureMD Healthcare, RAMPmedical Henisaja GmbH, and The Medical Algorithms Company Limited.

Key Questions Answered in this Report:

  • How has COVID-19 impacted the adoption of CDSS as well as the market dynamics influencing it?
  • What are the key regulations governing the CDSS market in key regions?
  • What are the technological developments which are expected to have the maximum influence on the global CDSS market?
  • Who are the leading players to hold significant dominance on the global CDSS market currently?
  • What are the key business models being followed by the key players in the market?
  • What are some of the major factors which are expected to influence the growth in adoption of CDSS across the globe?
  • What are the key strategies incorporated by leading players in the global CDSS market landscape?
  • What is the current revenue contribution for the different types of CDSS, and what are the expected modifications in the forecast period?
  • Which countries contribute to the major share of the current demand, and which ones hold significant scope for growth during the next 10 years?

Key USPs of the Report

Following are some of the key contents of the report:

  • Industry Analysis
  • Ecosystem Analysis
  •  Evidence-Based Analysis
  • Entry Barriers to Adoption/Implementation
  • Regulatory Framework
  • Patent Landscape
  • Impact of COVID-19

This section of the report encompasses the following:

  • Key Trends
  • Scenario Competitive Analysis (Pre-COVID, During-COVID, and Post-COVID-19)
  • Effect on Competitive Landscape and Product Demand
  •  Regional Impact
  •  Future Perspective and Recommendations

In addition, the report provides:

  • A detailed analysis and growth forecast (2021-2030) for different market segments
  • Recent developments and trends in the global market landscape
  • Factors promoting and inhibiting the market growth
  • Company revenue share analysis for 2019

Expert Quote

The clinical decision support systems of the future are expected to be developed to leverage data to make observations which are not interpretable by humans. Healthcare IT systems in the future are expected to leverage cutting-edge technology as an enabler to make clinical care more streamlined and accurate. The technology is still in its nascent stage. One of the strong points of this technology is that it improves with time. Continuous input from clinicians, patients, and other stakeholders will be essential for correctly implementing the technology to enhance meaningful uses, reduce costs, and improve treatment outcomes.

Scope of the Global CDSS Market

The purpose of the study is to enable the reader to gain a holistic view of the global CDSS market by each of the segments mentioned above.

The research report constitutes an in-depth study of the global CDSS market, including a thorough analysis of revenues generated from the use of CDSS in professional healthcare settings. Based on the product launches, approvals, and ongoing strategic collaborations, as well as business expansions, the market size and potential for the forecast period of 2021-2030 have been estimated.

BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

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Global Clinical Decision Support Systems (CDSS) Market: Focus on Product Type, Model, User Interactivity, Application, and Regional Adoption - Analysis and Forecast, 2019-2028

  • Date - Jun 2019
  • Code - BIS204A

Key Questions Answered in the Report:

  • What are the major market drivers, challenges and opportunities in the global clinical decision support systems market and their case studies
  • What is the Total Addressable Market (TAM), Segmental Addressable Market (SAM) and the potential market opportunity of the global clinical decision support systems market
  • What is the market share of the leading ...
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