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

The North American region dominates the CDSS market and is expected to rise further due to the availability of sophisticated infrastructure, government support and flexible healthcare policies. In 2017, the knowledge based CDSS forms the larger segment of the total CDSS market and earned the revenue of $419.8m and is estimated to grow at a CAGR of 8.6% during 2018-2023.

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

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  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). Contact : sales@industryarc.com

  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 patient’s status, augment a decision, and to prevent a negative action. Contact : sales@industryarc.com

  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. Contact : sales@industryarc.com

  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 Download Sample Report Contact : sales@industryarc.com

  6. You Can Customize the Report as Per Your Need. We have included Some Customization Options Analyst Briefing Company Profile Data Tables Key Contacts Contact : sales@industryarc.com

  7. About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com

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