Global Clinical Decision Support Systems Market Size, Share Industry Trends, Growth Insight, Competitive Analysis, Statistics, Major Players, Regional and Forecast 2020 to 2025

(The Express Wire via Comtex)

The Clinical Decision Support Systems Market' research report explains the market in terms of opportunities, constraints, emerging market trends and drivers. This report also includes an up-to-date analysis and prospects for the future up to 2025.

Clinical Decision Support Systems Market

The driving factors influencing the global clinical decision support systems market includes high returns on investments for CDSS solutions, increasing cases of medication errors, rising adoption of cloud computing in healthcare, and growing prominence and usage of big data and mhealth tools. This projects to witness positive impact on the global clinical decision support systems market over the forecast period. Clinical decision support systems are specifically designed with an intention to aid clinical decision making. Geography wise, the North America clinical decision support systems market holds the largest market share in 2017 owing to factors such as increasing requirement to curb healthcare expenditure, quality healthcare delivery, and implementation of favorable initiatives of regulations. Due to the growing count of cases of problems in the United States, the use of advanced solutions such as CDSS in healthcare is anticipated to witness steady growth in the coming years.

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The global clinical decision support systems market is categorized into several segmentation including delivery mode, type, applications, product, and region. Based on the applications, the global clinical decision support systems market is classified into alerts and prescription decision support, image recognition, information retrieval, reminders, and interpretation. Looping on to the regional overview, the global clinical decision support systems market is a wide range to North America, USA, Canada, Mexico, Egypt, Asia Pacific, China, Japan, Korea, India, Southeast Asia, The Middle East and Africa, UAE, Turkey, Nigeria, South Africa, Argentina, Europe, France, UK, Russia, Italy, South America, Brazil, Saudi Arabia, Germany, and Columbia. Leading players of the global WPC decking market includes International Business Machines, IBM, Allscripts Healthcare Solutions Inc., Cerner Corporation, McKesson Corporation, Epic Systems Corporations, Philips Healthcare, and MEDITECH.

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IBM’s Watson to Facilitate Improved Care Delivery for Oncology Cases

At the backdrop of such progresses in AI enabled clinical decision support systems, industry veterans are increasingly investing in technological up-gradations to maintain long term sustenance. In a recent development, IBM Watson has been diverting heavy investments towards AI enabled healthcare delivery.

Spearheaded by IBM Watson's cloud computing capabilities, voluminous patient data is analyzed backed by AI and machine learning. Of several such significant studies, a total of over 20 clinical studies have been evaluated and presented at American Society for Clinical Oncology. These new studies affirmed substantial breakthroughs in clinical decision support systems specifically in rendering personalized, case specific therapeutics for oncology, with larger number of successful use cases. Therefore, IBM's Watson for oncology is poised to leverage incremental growth opportunities in clinical decision support systems market in the coming years.

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New Therapeutics Evaluation Models such as SHERPA to Optimize New Treatment Gateway

Chronic health conditions are gradually becoming synonymous with lifestyle alterations. The criticality has been sprawling simultaneously across physical as well as mental wellbeing, necessitating adoption of new insightful research models to attain clear understanding on instances of multimorbidity accentuated by multiple disease prevalence.

Lack of insightful medical literature is contributing considerably towards flawed therapeutics and understanding of disease prognosis. Inclusion of SHERPA (Sharing Evidence Routine for a Person-Centered Plan for Action) which contributes largely towards systematic, evidence backed therapeutics and disease prognosis to deliver need specific therapeutics for patients of multimorbidity. These definitive alterations in patient care delivery model is set to pitch optimistic returns in clinical decision support systems market. Such systematic approaches are directed to reckon mindful decision making backed by ample clinical data induced by systematic research studies.

New Clinical Decision Support System for Opioid Abuse Likely to Favor Growth

Industry stakeholders are increasingly investing in developing patient oriented clinical decision support system based on novel tools. One of the recent developments critically focuses on offering tangible solutions for rising episodes of opioid abuse, quite popular across Americas. The incident is likely to be adequately addressed by path-breaking developments in patient centered clinical decision support system that is based on a wide range of tools that mines data via electronic health records.

With the aid of new clinical data, medical practitioners can instrument more effective action plans to combat opioid abuse. Instances such as these are believed to harbinger remunerative returns and stability in clinical decision support systems, thus rendering multilayered growth in clinical decision support systems market.

Key Market Movements

  • Instances of Decision Fatigue has been rising alarmingly conclude several vital studies, leading to flawed medical care delivery. Such instances depicting deficient physician cognition has fostered adherence to technological aids such as clinical decision support system
  • Large scale occurrences of multimorbidity amongst global populace both in terms of physical and cogitative ailments has been on the rise
  • Inclusion of AI powered clinical decision support systems has been on the rise, especially with large scale investments in healthcare improvement
  • Innovations such as SHERPA to accentuate studies in evidence based evaluation and subsequent therapeutics

Key Study Deliverables

  • Market valuation in terms of value and volume with forecast estimations in the global rubber process oil market through the forecast span, 2018-25 with CAGR during the said period.
  • Comprehensive market analysis and assessment based on market segmentation as well as regional diversity.
  • Identifying market dynamics such as drivers, threats, challenges, and opportunity assessment
  • A holistic assessment of the competitive landscape based on standard assessment tools
  • An elaborate review of industry participants and an assessment on the basis of company and product overview, financial returns, and other substantial business strategies

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