Clinical Decision Support System Market – Analysis and Forecast To2024 | Hearst Health, Epic Systems Corporation.

The global clinical decision support system market is predicted to grow at 13.6% CAGR during the forecast period with the market size reaching USD 2.0 billion by 2024. Clinical decision support system (CDSS) refers to software that is designed to influence clinician decision making about individual patients at the point in time. Different types of products such as integrated and standalone are majorly contributing to the clinical decision support system market size. The market has witnessed significant demand for integrated over the last few years due to escalating implementations of integrated CDSS.

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Some of the other key factors driving the growth of the industry are the technological advancements in healthcare IT solutions, mounting importance, and usage of big data and mhealth tools, and escalating partnerships between medical research groups and clinical decision support companies.

Key factors hindering the growth of the clinical decision support system market are the data security issues, disinclination to accept mobile CDSS, huge investment for information technology infrastructure, and lack of interoperability. In addition, the lack of skilled professionals, and the integration of CDSS solutions within healthcare organizations are also having a negative impact on the growth of the market.

Asia-Pacific is observed to witness significant growth in the clinical decision support system market during the forecast period, as the region comprises a large population. Moreover, the mounting occurrence of chronic diseases and escalating occurrence of medication errors are also facilitating the significant growth of the Asia-Pacific clinical decision support system industry.

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Market players in the clinical decision support system industry are investing capital to develop technologically advanced systems. In June 2018, IlumiCare integrates with Epic EMR to improve its clinical decision making. Wolters Kluwer Health, Cerner Corporation, Philips Healthcare, IBM Corporation, Hearst Health, Epic Systems Corporation, Allscripts Healthcare Solutions, Inc., Mckesson Corporation, and MEDITECH are some of the key players offering solutions for clinical decision support system.

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