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(CityRegions.Com, May 28, 2018 ) The study of Global Clinical Decision Support Systems Market 2018 provides the market size information, In-Depth Analysis along with Competitive Insights and Segmentation.
The clinical decision support systems market is expected to grow at a CAGR of about 11% during the forecast period Physicians, nurses, and other healthcare professionals use CDSS to perform diagnosis and to review the diagnosis as a means of improving the result Data mining may be piloted to examine the medical history of patients in combination with appropriate clinical research Such examination can help predict possible events, which can range from drug interactions to disease symptoms Some physicians prefer to evade over-consulting their CDSS, relying instead on their professional skill to determine the best course of care
Need for Reducing Human Errors
Determining accurate medication doses is a difficult and time-consuming process and especially critical for infants and children in emergency situations Calculations involving intricate formulas are often difficult to memorize, and mathematical errors can still occur even when the formulas are accurately recalled Varying dosing programs based on indication and pharmacokinetics represent additional opportunities for error Clinical decision support systems can give physicians and nurses easy and quick access to drug-specific dosing calculators, full drug profiles with age, weight, disease and renal adjustment dosing, and much more Accurate medication information and dosing calculators, easily accessible within the medical workflow, can provide a significant reduction in errors Owing to these capabilities of the system, there will be a boost in the growth of the clinical decision support systems market Other factors that will affect the growth of this market include accumulative government support, rising demand to reduce healthcare expenditure, need for improvement in quality of care, rising chronic disease population, and emerging economies posting significant growth
Market Segmentation
By Model
Knowledge-based CDSS
Non-Knowledge CDSS
Others
By Mode of Delivery
Web-based
Cloud-based
On-premise
By Component
Hardware
Software
Services
By Product
Integrated Systems
Standalone Systems
Standard-based
Service model-based
Others
Lack of Trust in the System as CDSS is in its Initial Stages of Development
The most often recurring barriers to CDSS implementation included earlier experience of dysfunctional computer systems in health care, general resistance towards changes in practice, and time management issues In a study conducted by Oxford University, all groups listed numerous examples of dysfunctional healthcare IT systems, and they were worried of consequences if CDSS is built on the existing imperfect systems This lack of trust in the healthcare professionals will lead to them not including for CDSS in their practice This will eventually lead to the slowdown of the growth of this market Other factors that will influence the decline of this market include lack of skilled labor, suggestions from CDSS for unnecessary diagnostic testing, and saturated end user market will hinder the market growth
North America to Maintain Dominance
North America is the leading market in the world, followed by Europe Asia-Pacific is the fastest developing region The large market share of North America can be attributed to factors such as the rising demand for quality healthcare delivery, need to curb increasing healthcare expenditure, and implementation of favorable initiatives & regulations are driving the growth of the CDSS market in the United States
Key Developments in the Market:
February 2018 – The US Food and Drug Administration (FDA) announced marketing clearance for VizAI's Contact application, the first artificial intelligence-based clinical decision support (CDS) solution cleared for sale in the United States VizAI Contact is designed to analyze computed tomography (CT) results
Enquiry About Global Clinical Decision Support Systems Market 2018 @ http://orbisresearch.com/contacts/enquiry-before-buying/2131371
Major Players: CERNER CORPORATION, EPIC, IBM, MCKESSON CORPORATION, MEDITECH, PHILLIPS HEALTHCARE, AND SIEMENS HEALTHCARE, amongst others
Reasons to Purchase the Report
Current and future clinical decision support systems market outlook in the developed and emerging markets
Analysis of various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements Please connect with our representative, who will ensure you to get a report that suits your needs
Browse Global Clinical Decision Support Systems Market 2018 @ http://www.orbisresearch.com/reports/index/global-clinical-decision-support-systems-market-segmented-by-model-mode-of-delivery-component-product-application-and-geography-growth-trends-and-forecast-2018-2023
Some of Major Point From Global Clinical Decision Support Systems Market 2018 Table of Content
1. Introduction
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry Within the Industry
Continued...
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Hector Costello
+1 (214) 884-6817
sales@orbisresearch.com
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