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Clinical Decision Support Systems (CDSS) Market High Demand, Recent Trends, Future Growth, Business Scenario, Product, Technology, Share and Forecasts Report 2020 – 2027

This report provides detailed historical analysis of global market for Clinical Decision Support Systems (CDSS) from 2014-2019, and provides extensive market forecasts from 2020-2027 by region/country and subsectors.

 

Vancouver, BC -- (SBWIRE) -- 01/21/2021 -- Clinical decision support systems (CDSS) offer several advantages, such as reduced medication errors, offering reliable and consistent information, enhancing patient safety, and lessening of misdiagnosis. The CDSS provides the best diagnosis for the medical problem and helps healthcare professionals choose the most suitable treatment for the patient. The global Clinical Decision Support Systems (CDSS) market is projected to at a CAGR of 9.5% and reach a value of USD 2406.2 Million by 2027.

The report relies on advanced primary and secondary research methodologies to assess information. The data for the study is gathered from reliable and trustworthy sources, ensuring the authenticity and accuracy of the research study. We also employ qualitative and quantitative analysis to deliver a comprehensive and all-encompassing research study on the global Clinical Decision Support Systems (CDSS) market. The report also comprises of SWOT analysis, PESTLE analysis, and Porter's Five Forces Model analysis, to offer the reader with a complete and all-inclusive study of crucial segments of the global Clinical Decision Support Systems (CDSS) market.

By component, services, in terms of revenue, contributed to the clinical decision support systems largest market share of over 60.0% in 2019 and are likely to grow at a rate of 9.1% in the forecast period. The market dominance of services is attributed to the offering of services, comprising consulting, training, and maintenance, among others, on a continuous basis to the end-users such as hospitals and clinics.

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By product, integrated CDSS held a larger clinical decision support systems market share in 2019 and is estimated to observe a faster growth rate of 10.2% in the forecast period, owing to the widespread demand for clinical decision support system solutions with functionalities to collaborate and exchange information amongst themselves.

By application, drug databases dominated the clinical decision support systems market in 2019 and are likely to grow at the fastest rate of 10.6% during the forecast period f clinical decision support systems market. Rising prevalence of allergies especially, drug allergies, is driving the demand for a clinical decision support system for recommending, dispensing, or administering a drug to reduce the medication error that may occur and lead to adverse consequences.

Key participants include Bristol-Myers Squibb, Novartis International Ag, Celgene Corporation, Amgen Inc., Amgen Inc., Merck & Co. Inc., Janssen Global Services, LLC, Seattle Genetics Inc, Printegra, Gristone Oncology, Inc, and Pfizer Inc., among others.

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Market Drivers
The rising geriatric populace is expected to be one of the most significant factors that will boost market growth during the forecast period, as the health maintenance of the geriatric population is becoming an important task for the physicians providing primary care. The recent pandemic has opened greater opportunities for market growth as the pandemic has led to the imposition of social distancing norms which has been a hindrance to go to the physicians for a checkup personally. Thus, the telehealth has gained increased significance, which will also boost the CDSS market.

Regional Analysis
Owing to the highly advanced technology and high awareness among the patients, the North American regional market is projected to hold the global market position during the forecast period. The Asia Pacific region is predicted to grow at the highest CAGR during the forecast period, owing to the rapid digitalization of the healthcare sector and high governmental support for the same.

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Component Outlook (Revenue, USD Million; 2017-2027)
Services
Hardware
Software

Product Outlook (Revenue, USD Million; 2017-2027)
Integrated CDSS
Standalone CDSS

Type Outlook (Revenue, USD Million; 2017-2027)
Therapeutic CDSS
Diagnostic CDSS

Mode of Delivery Outlook (Revenue, USD Million; 2017-2027)
On-Premise CDSS
Web-Based CDSS
Cloud-Based CDSS

Level of Interactivity Outlook (Revenue, USD Million; 2017-2027)
Active CDSS
Passive CDSS

Setting Outlook (Revenue, USD Million; 2017-2027)
Inpatient
Ambulatory Care

Usage Outlook (Revenue, USD Million; 2017-2027)
Knowledge-Based
Expert Laboratory Information System
Machine Learning Systems

Application Outlook (Revenue, USD Million; 2017-2027)
Drug Databases
Care Plans
Diagnostic Decision Support
Disease Reference
Others

End-use Outlook (Revenue, USD Million; 2017-2027)
Hospitals
Diagnostic Centers
Clinics
Retail Pharmacies
Others

Clinical Decision Support Systems (CDSS) Market segment by Region/Country including:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America Brazil, Argentina, Colombia and Chile etc.)
Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Clinical Decision Support Systems (CDSS) Market Segmentation & Impact Analysis
4.1. Clinical Decision Support Systems (CDSS) Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing geriatric population
4.2.2.2. High returns on investment for CDSS Solutions
4.2.2.3. High prevalence of chronic diseases
4.2.2.4. Government support and initiatives
4.2.3. Market restraints analysis
4.2.3.1. High cost of implementation
4.2.3.2. Reluctance to adopt mobile CDSS
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. Clinical Decision Support Systems (CDSS) Market By Component Insights & Trends, Revenue (USD Million)
5.1. Component Dynamics & Market Share, 2019 & 2027
5.1.1. Services
5.1.2. Hardware
5.1.3. Software

Chapter 6. Clinical Decision Support Systems (CDSS) Market By Product Insights & Trends Revenue (USD Million)
6.1. Product Dynamics & Market Share, 2019 & 2027
6.1.1. Integrated CDSS
6.1.2. Standalone CDSS

Chapter 7. Clinical Decision Support Systems (CDSS) Market By Type Insights & Trends Revenue (USD Million)
7.1. Type Dynamics & Market Share, 2019 & 2027
7.1.1. Therapeutic CDSS
7.1.2. Diagnostic CDSS

Chapter 8. Clinical Decision Support Systems (CDSS) Market By Mode of Delivery Insights & Trends Revenue (USD Million)
8.1. Mode of Delivery Dynamics & Market Share, 2019 & 2027
8.1.1. On Premise CDSS
8.1.2. Web-Based CDSS
8.1.3. Cloud-Based CDSS

Chapter 9. Clinical Decision Support Systems (CDSS) Market By Level of Interactivity Insights & Trends Revenue (USD Million)
9.1. Level of Interactivity Dynamics & Market Share, 2019 & 2027
9.1.1. Active CDSS
9.1.2. Passive CDSS

Chapter 10. Clinical Decision Support Systems (CDSS) Market By Setting Insights & Trends Revenue (USD Million)
10.1. Setting Dynamics & Market Share, 2019 & 2027
10.1.1. Inpatient
10.1.2. Ambulatory Care

Chapter 11. Clinical Decision Support Systems (CDSS) Market By Usage Insights & Trends Revenue (USD Million)
11.1. Usage Dynamics & Market Share, 2019 & 2027
11.1.1. Knowledge-Based
11.1.2. Expert Laboratory Information System
11.1.3. Machine Learning Systems

Chapter 12. Clinical Decision Support Systems (CDSS) Market By Application Insights & Trends Revenue (USD Million)
12.1. Application Dynamics & Market Share, 2019 & 2027
12.1.1. Drug Databases
12.1.2. Care Plans
12.1.3. Diagnostic Decision Support
12.1.4. Disease Reference
12.1.5. Others

Chapter 13. Clinical Decision Support Systems (CDSS) Market By End-Use Insights & Trends Revenue (USD Million)
13.1. Level of Interactivity Dynamics & Market Share, 2019 & 2027
13.1.1. Hospitals
13.1.2. Diagnostic Centers
13.1.3. Clinics
13.1.4. Retail Pharmacies
13.1.5. Others
Continued…