Allied Market Research
Loading...
Cart
0
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Allied Market Research

Clinical Decision Support System Market - Global Opportunity Analysis and Industry Forecast, 2020-2027

A08190
Pages: NA
Jun 2021 | 332 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Clinical Decision Support System Market

Request Now !

A clinical decision support system (CDSS) with the use of various data such as patient information and records, targeted clinical data and other health information aims to enhance healthcare experience and delivery by assisting in critical medical decisions making. CDSS has evolved on the way right from 1970s. The prior versions of CDSS were involved in direct clinical decision making wherein, the data related to patient was matched and compared with the industry standards by the software to give recommendations, thus aiding the physicians and healthcare professionals in clinical decision making. While the modernized CDSS available currently are used at point-of-care and integrates expertise and knowledge of the clinicians and information or suggestions for a particular situation. Efforts to develop CDSS capable of analyzing and interpreting loads of data which is beyond human capabilities are being made. CDSS consists of various tools that offer revised, targeted sets of data specific to a human or situation to the clinicians. It is implemented in healthcare scenario to increase the efficiency and reduce errors and faults.

Clinical-Decision-Support-System

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period 

  2020–2027

  Forecast units

  Value ($)

  Segments covered

Types, Modes of Deployment, Products, Applications and Region

  Geographies covered

•             North America (U.S., Canada, Mexico)

•             Europe (France, Germany, UK, Italy, Spain, Rest of Europe)

•             Asia-Pacific (Japan, China, India, Australia, South Korea, Rest          of Asia-Pacific)

•             LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA)

  Companies covered

Meditech, Cerner Corporation, Epic Systems Corporation, Allscripts, Mckesson, Philips Healthcare, Wolters Kluwer Health, Hearst Health, Elsevier B.V and IBM.

 

COVID – 19 scenario analysis:  

  • The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
  • Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
  • Over 4 million people affected globally, with 300 thousand losing their lives due to novel coronavirus
  • Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers
  • However, CDSS can be of great importance in this COVID-19 pandemic period as they would help the healthcare authorities, professionals and clinicians in taking various clinical decisions using prior experience, knowledge, data and suggestions provided by CDSS
  • In order to distress the healthcare providers and increase efficiency, governments are implementing CDSS in COVID-19 related healthcare services 

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Technological advancements and integration of disciplines like biotechnology and information technology (IT) i.e. bioinformatics has paved way for implementation of data optimization for data analytics, data storage and management. Numerous innovations supported by investments in R&D activities have provided solutions for big data handling and its efficient use in healthcare sector. Implementation of cloud computing supplemented by interoperating systems will further enable smooth function and efficient usage of data which will lead to significant increase in the demand for CDSS in the global market.

Rising geriatric population, increasing number of hospitals and healthcare service providers integrating different types and forms of CDSS at various levels to benefit due to its assistance and expertise in clinical decision making. Demand for support based decision making has also increased in recent times as it minimizes the risk and errors which may affect the outcome. Furthermore, CDSS ensures smooth administration of number of patients visiting hospitals and healthcare facilities regarding maintenance and management of data entry, storage and collection. These factors would fuel the growth of CDSS in the market in the near future. In recent times, there has been increasingly importance given to precision medicine and customization in therapeutic treatment as well as quality care wherein CDSS comes in the frame and aids in providing customization efficiently by accessing clinical records, history and patient data rapidly and offer target-specific suggestion with use of Electronic Health Record (EHR). This will surge the demand of CDSS in the market.

However, regardless of all the attributes it possesses, the clinical decision support systems are often criticized when it comes to issues regarding data privacy and need of technically qualified and skilled staff to implement the CDSS and resolve related issues. Thee input data required by CDSS to perform optimally needs to be accurate and specific, however the patient data available is unspecific and needs extra efforts for filtering and revising the data. As a result, lack of awareness, data privacy related issues, improper handling of the system, inadequate skilled professional are expected to create hamper the growth of market.

Increasing prevalence of diseases and healthcare expenditure

According to the statistics published by world health organization (WHO), there has been immense increase in chronic diseases worldwide. In 2001, chronic diseases accounted for almost 60% of the 56.5 million reported deaths with approximately 46% of the burden of disease worldwide. Non-communicable diseases (NCDs) are expected to increase upto 57% by 2020. The geriatric population is expected to rise by 22% by the year 2050, according to WHO. In addition, Organization for Economic Co-operation and Development (OECD) survey report, stated in 2018 average per capita health expenditure in the U.S. was about $ 10,586. These factors, collectively would create immense opportunities for growth of CDSS in the global clinical decision support system market. 

The efforts taken to standardize and bring down the cost of healthcare services, need for enhancing the quality of healthcare services, increasing incidences of chronic diseases and growing acceptance of supported decision making are factors that would facilitate the clinical decision support system market growth.

Recent technological advancements to boost the growth

Ongoing R&D activities and high expenditure in developing solutions related to CDSS would propel the growth of CDSS market. The US Food and Drug Administration (FDA) in 2018, announced clearance for marketing of Viz.AI's Contact application. It is an artificial intelligence-based clinical decision support system, first of its kind and is designed to assess CT scan results. At University of Pennsylvania, a group of scientists developed a CDSS tool reduces with ability to reduce time consumed for diagnosis of a life threatening infection sepsis, by 12 hours, which would prove clinical in saving lives of thousands of individuals. Apple in 2018, made announcement of 39 health systems entering into partnership to access patient’s health related data using Electronic Health Record (EHR) data viewer allowing these companies to access data using Apple devices and platforms.  The revised patient data would be used on clinical decision making and also notify patients regarding medical information provided by various organizations. 

Key segments:

Segments

Sub-segments

  Type

  • Knowledge based CDSS
  • Non-knowledge based CDSS

  Modes of Deployment

  • Web-based
  • On-premises

  Products

  • Integrated System
  • Stand-alone System
  • Standard-based
  • Service Model-based
  • Other Products

  Applications

  • Medical Diagnosis
  • Prescription Decision Support
  • Information Retrieval
  • Therapy Planning and Assessment
  • Other Applications

 

Key benefits of the report:

  • This study presents the analytical depiction of the global clinical decision support system industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global clinical decision support system market share.
  • The current market is quantitatively analysed from 2020 to 2027 to highlight the global clinical decision support system market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global clinical decision support system market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Clinical Decision Support System Market research report:

  • Who are the leading market players active in the clinical decision support system market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the clinical decision support system market?
  • What are the projections for the future that will help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Clinical Decision Support System Market- Global Opportunity Analysis and Industry Forecast, 2020-2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers