Global Clinical Decision Support Systems Market Report and Forecast 2024-2032

Global Clinical Decision Support Systems Market Outlook

The global clinical decision support systems market size was valued at USD 1.76 billion in 2023. The major market drivers likely to have an impact globally are growing healthcare infrastructure developments and surging investments in research and development in the medical field. The market is anticipated to grow at a CAGR of 9.8% during the forecast period 2024-2032 to reach a value of USD 4.08 billion by 2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

North America Accounts for a Significant Share in the Market Growth of Clinical Decision Support Systems

North America is holding a significant share in the clinical decision support systems market on account of the growing demand from the medical industry for healthcare information technology solutions. Rapid technological advancements and the surging significance of delivering quality healthcare services are further expected to propel the market growth in the region during the forecast period. A rise in the awareness rate among patients, and surging investments in healthcare IT solutions in North America are likely to boost the market growth.

Meanwhile, the Asia Pacific is expected to witness robust market growth due to the growing investments in the healthcare industry in countries like China, India, Australia, and Japan.

Market Segmentation

Clinical decision support system (CDSS) is a useful tool in the form of an application that facilitates healthcare providers in offering optimised health care by making informed decisions. The CDSS analyses data, focusing on knowledge management to identify suitable clinical actions that support improved patient care. The CDSS is an adaptation of the DSS or decision support system used in business management applications.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

By model, the clinical decision support systems market is divided into:

• Knowledge-based CDSS 

• Non-knowledge CDSS

Based on delivery mode, the market is categorised into:

• On-premise

• Cloud-based

On the basis of component, the market is segmented into:

• Software 

• Services 

• Hardware

By product, the market is segregated into:

• Integrated CDSS

• Standalone CDSS

On the basis of application, the market is segmented into:

• Clinical Drug Information

• Clinical Informatics and Surveillance

• Disease and Condition Management

• Others

Based on the end-use, the market is categorised into:

• Clinics

• Hospitals

• Ambulatory Surgical Centres

• Others

The EMR report looks into the regional markets of clinical decision support systems like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Increasing Healthcare Expenditure to Propel the Market Growth of Clinical Decision Support Systems

The clinical decision support systems market is projected to witness growth during the forecast period on account of the surging adoption of cloud computing coupled with the rising healthcare expenditure. There is also a surging demand for quality care and integrated reliable technical solutions along with the growing adoption of information systems by healthcare institutes and hospitals. These factors, coupled with favourable initiatives by various governments across the globe, are expected to bolster the market growth over the coming years.

Rapid advancements in the fields of bioinformatics and biotechnology are promoting developments and optimisations in data management, storage, and analytics platforms, which is further likely to drive the market growth. Based on the product, the standalone CDSS segment is expected to boost the market owing to its simplicity and low cost.

Key Players in the Global Market for Clinical Decision Support Systems

The report presents a detailed analysis of the following key players in the global clinical decision support systems market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Cerner Corporation 

• IBM Corporation 

• Koninklijke Philips N.V. 

• Wolters Kluwer N.V. 

• Zynx Health, Inc. 

• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report