Key players in clinical decision support systems market are Cerner Corporation (U.S.), McKesson Corporation (U.S.), Epic Systems Corporation Inc. (U.S.), Medical Information Technology, Inc. (U.S.), Philips Healthcare (Netherlands), Allscripts Healthcare Solutions, Inc. (U.S.), Wolters Kluwer Health (U.S.), Zynx Health (U.S.), Elsevier B.V. (Netherlands), and International Business Machines (IBM) Corporation (U.S.)
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The clinical decision support systems market is expected to reach USD 1,519.2 million by 2021 from USD 856.3 million in 2016, at a CAGR of 12.2% during the forecast period from 2016 to 2021. The government support and initiatives to drive adoption of HCIT solutions in healthcare, rising incidence of medication errors, rising prominence and usage of Big Data and m-Health tools, growing adoption of cloud computing in healthcare and prevalence of chronic diseases are some of the factors driving the growth of the clinical decision support systems market.
Stakeholders in the Clinical Decision Support Systems Market
- Healthcare Institutions/Providers (Hospitals, Medical Groups, Physician Practices, Diagnostic Centers, Pharmacies, Ambulatory Centers, and Outpatient Clinics)
- Healthcare Insurance Companies/Payers
- Healthcare IT Service Providers
- Venture Capitalists
- Government Bodies
- Corporate Entities
- Accountable Care Organizations
The benefits offered by clinical decision support systems is driving stakeholders in the healthcare system including key industry players, healthcare providers and governments to take measures to integrate these systems into clinical workflows.
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It provides detailed information regarding major factors influencing the growth market (drivers, restraints, opportunities, and industry-specific challenges).
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Factors like government support & initiatives to drive adoption of HCIT solutions in healthcare, and rising incidence of medication errors are driving the growth of the market. Emerging markets in Asia-Pacific, Middle-East & Africa are likely to offer growth opportunities.
In this report, market is segmented on basis of component, delivery mode, product, type, model, user interactivity, application, and region.
1 Global Clinical Decision Support Systems Market Overview
2 Market, By Model (2016 vs 2021)
3 Market, By User Interactivity (2016 vs 2021)
4 Market, By Application (2016 vs 2021)
5 Geographic Snapshot: Market
Geographically, North America is expected to account for the largest share of the global clinical decision support systems market in 2016, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). The large share of the North American market is attributed to favorable initiatives and regulatory mandates, enterprises by key industry players, and rising incidence of medication errors in U.S.
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