Clinical Decision Support System Market: Snapshot

The global clinical decision support system market is rising with rule based expert system, funding from societies for improving point of care, and increasing primary healthcare support across the globe is expected to drive the growth of market. The global clinical decision support system market was valued over US$ 523.8 Mn in 2016 and is projected to witness cumulative annual growth rate (CAGR) of over 11% from 2017 to 2025 to surpass the value of US$ 1,318.4 Mn by 2025. The global market is witnessing relatively higher growth owing to increasing digitization of medical practices, high healthcare IT budgets and rise in demand for chair time optimization in developed markets.

Clinical decision support system is an administrative as well as clinical tool that helps in improving operational efficiency of healthcare practices. The hospitals and clinics are required to handle with the large volume of patient information both administrative as well as clinical information. In order to handle the large volume of data, medical professionals and front office staff are always in search of effective way to record, store and improve the access to patient information in efficient manner. The clinical decision support system aids the medical professionals and patients to streamline the workflows of medical practices and thus to improve overall operational efficiency as well as patient care. Physician recommendation for updating systems with alert systems and new technological innovation by different key players can also accelerate the growth in clinical decision support system market.  These factors collectively projected to drive the demand for global clinical decision support system in near future. Also, the technological advancements such as software integration facilities with other electronic health records is estimated to fuel the expansion of clinical decision support system market.

global clinical decision support system market

Clinical Decision Support System Market: Segment outlook

The global clinical decision support system market is broadly segmented into four categories based on usage based, by application, by mode of advice, by delivery model, by end-user and by region. In terms of delivery model, the global market is categorized into on premise, web based and cloud based clinical decision support system. The market for on premise clinical decision support system accounted for key share (in terms of revenue) in global market in 2016,  the cloud based clinical decision support system is estimated to grow at exponential growth rate during the forecast period and the segment is estimated to report significant gain in its market share by the end of 2025. The cloud based clinical decision support system offers the several advantages over on premise and web based clinical decision support system and thus, cloud based clinical decision support system is increasingly gaining popularity among physicians, especially among group dental practice management offices and clinics. By mode of advice, the global clinical decision support system market has been segmented into active clinical decision support system and passive clinical decision support system. Passive CDSS segment is anticipated to be the most attractive market due to advantages such as providing valid and reliable information, saving user’s time, integrating system recommendation alerts. However, increased voluntary disclosures and reducing intensity of lenders by the users are anticipated to boost the active CDSS segment from 2017 to 2025.

In terms of application, the global clinical decision support system is segmented into drug databases, care plans, diagnostic decision support, disease reference, others. The drug database and diagnostic decision segment is dominated the global market and is likely to maintain its dominance by the end of 2025 with marginal increase in its market share. Increasing adoption of digital platforms by the younger population for appointment scheduling, creating alert system by physicians & nurses, value added features provided by the patient management and billing applications such as paperless patient data recording and storage, e-billing and insurance claiming etc. has led to prominent share of the segment in global market. Based on usage based, the clinical decision support system market is segmented as knowledge-based systems, expert laboratory information system, and machine learning systems. The knowledge-based systems segment dominated the global clinical decision support system market accounting for the highest share in 2016 as these usage based systems are mostly utilized due to rising incidences of various diseases resulting from medication errors. The knowledge-based systems segment is also expected to register the fastest growth rate during the forecast period due to growing need of integrate healthcare IT solutions in hospitals, clinics and others. Also, improved quality of care and clinical outcomes, and some favorable government initiatives is expected to propel the knowledge-based systems segment growth rate during forecast period. By end-user, the global market has been segmented into dental clinics and hospitals. 

Geographically, the global clinical decision support system market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominated the global market and is projected to lose its market share by the end of 2025. North America dominated the global clinical decision support system market in 2016 due to factors such as technologically advanced research and treatment platforms for diagnosis of chronic diseases, presence of a large number of reimbursement policies, rise in Canadian healthcare infrastructure, and increase in development of IT healthcare organizations in North America. Moreover, increase in the group medical practices has been observed in the United States which projected to fuel the expansion of cloud based clinical decision support system in the United States during the forecast period. Asia Pacific region is projected to be fastest growing region in global clinical decision support system market during the forecast period. In Asia Pacific region, China dominated the clinical decision support system market whereas India is estimated to grow at exponential CAGR during the forecast period.

The companies like Allscripts Healthcare Solutions, Inc., First Databank, Inc., Truven Health Analytics, Cerner, Philips Healthcare, Siemens Healthcare etc. accounted for the major share in global clinical decision support system market in 2016. The Allscripts Healthcare Solutions, Inc., company has the higher share due to increasing adoption of IT in healthcare sector which is expected to drive clinical decision support system market in the forecast period. Other global players operating in the market include Optum, Inc. (UnitedHealth Group), GE Healthcare, and Epic Systems Corporation Inc. Companies are adopting the strategy acquisition and collaboration with parallel companies to improve and strengthen its geographic presence in international market.

Clinical Decision Support System Market : Overview

This report on the clinical decision support system market analyzes the current and future scenario of the global market. Large number of chronic disease patients is increasing the usage of diagnostic devices and increased the visit to hospitals. Increasing incidence of chronic disease among geriatric population around the world, promising pipeline devices and novel therapies, increasing government initiative for investment of funds on healthcare IT firms, rising investments in innovation of clinical decision support system and increasing awareness & event programs on healthcare IT are the major drivers of the global clinical decision support system market.

The clinical decision support system market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to the segments based on usage based, application, mode of advice, delivery model, end user and geography. A detailed qualitative analysis of drivers and restraints of the market and opportunities has been provided in the market overview section. In addition, the section comprises company profiles to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis, by geography and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the global clinical decision support system market.

Based on usage based, the market has been segmented into knowledge-based systems, expert laboratory information system, and machine learning systems. The usage based segment have been analyzed based on available approved products, cost-effectiveness, and preference given by the physicians. The market size and forecast for each of these segments have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year.

Based on end user, the clinical decision support system treatment market has been segmented into three major categories: hospitals, diagnostic centers, clinics, retail pharmacy and others. The clinical decision support system market is also segmented into application such as drug databases, care plans, diagnostic decision support, disease reference and others. The market segments have been extensively analyzed based on incidence of the spinal disorder, stenosis, available treatment, and geographical coverage. The market size and forecast in terms of US$ Mn for each segment have been provided for the period from 2015 to 2025. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2017 to 2025, considering 2016 as the base year.

Geographically, the global clinical decision support system treatment market has been categorized into five major regions and the key countries in the respective region: North America (the U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, and Rest of Europe), Asia Pacific (India, China, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East & Africa (GCC countries, South Africa, and Rest of Middle East & Africa). The market size and forecast for each of these regions and the mentioned countries have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year. The research study also covers the competitive scenario in these regions.

The report also profiles major players in the global clinical decision support system treatment market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. The major players in the clinical decision support system are – Allscripts Healthcare Solutions, Inc., First Databank, Inc., Truven Health Analytics, Cerner, Philips Healthcare, Siemens Healthcare, Optum, Inc. (UnitedHealth Group), GE Healthcare, Epic Systems Corporation Inc. and others.

The Global Clinical Decision Support System Market is segmented as given below:

  • Global Clinical Decision Support System Market Revenue, by Usage Based, 2015-2025
    • Knowledge-based Systems
    • Expert Laboratory Information Systems
    • Machine Learning Systems
  • Global Clinical Decision Support System Market Revenue, by Mode of Advice, 2015-2025
    • Passive CDSS
    • Active CDSS
  • Global Clinical Decision Support System Market Revenue, by Delivery Model, 2015-2025
    • On-premise
    • Web Based
    • Cloud Based
  • Global Clinical Decision Support System Market Revenue, by Application, 2015-2025
    • Drug Databases
    • Care Plans
    • Diagnostic Decision Support
    • Disease Reference
    • Others
  • Global Clinical Decision Support System Market Revenue, by End User, 2015-2025
    • Hospitals
    • Diagnostic Centers
    • Clinics
    • Others
  • Global Clinical Decision Support System Market Revenue, By Geography, 2015-2025
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • India
      • China
      • Japan
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Latin America
      • Mexico
      • Brazil
      • Rest of Latin America
    • Middle East & Africa
      • GCC countries
      • South Africa
      • Rest of Middle East & Africa