Global Clinical Decision Support System (CDSS) Market Worth $1,500 Million by 2022 Says Acumen Research and Consulting Experts

November 03 16:37 2017

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Clinical Decision Support System (CDSS) Market (Solutions: Integrated CDSS Solutions, Standalone CDSS Solutions; Application: Clinical Guidelines, Drug Dosing Support, Clinical Reminders, Drug Allergy Alerts, Drug-Drug Interactions, Others; Model: Knowledge-based CDSS Solution, Non-Knowledge-based CDSS Solution; Mode of Delivery: On-premise, Web Based, Cloud Based; Component: Hardware, Software, Service; Entity Capacity: Less than 100 Beds, 100–199 Beds, 200–299 Beds, 300–399 Beds, 400–499 Beds, More than 500 Beds) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2012-2022”, forecasts that the global market for clinical decision support system (CDSS) is anticipated to grow at a CAGR of more than 21% from 2016 to 2022 and reach the market value of over $1,500 million by 2022. Increasing need for offering remote patient monitoring services and requirement of advanced healthcare information systems to assist healthcare professionals in effective drug delivery are some major reasons driving the growth of this market, globally. Clinical decision support system is a kind of health information system designed to assist healthcare professionals, physicians, and other healthcare facilities with effective clinical decision support.

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North America accounted for the largest share in clinical decision support systems market in 2015 and is expected to maintain its dominance throughout the forecast period. This segment accounted for more than 50% share and is anticipated to grow at a CAGR of over 22% during the forecast period. The growth of CDSS solutions in North America is mainly spurred by well established healthcare infrastructure, increased healthcare spending, and rising geriatric population in the region. In a report, WHO has projected the cases of lung cancer to grow from 324,000 in 2012 to 541,000 in 2030, which further creates the opportunity for players in CDSS market in North America. North America is followed by Western Europe in terms of adoption of CDSS solutions, and the region is expected to grow at a CAGR of over 20% during the forecast period.

Integrated solutions and standalone solutions are the two major types of CDSS solutions available. Integrated solutions segment accounted for more than 70% share in the global clinical decision support systems market in 2015 and is expected to continue dominating throughout the forecast period. This is due to the comprehensive functions offered by integrated solutions such as medication management services that helps in preventing medication errors. Integrated solutions assist in improving the quality of healthcare and patient safety and delivers better healthcare outcomes. Integrated solutions are usually installed with electronic health records (EHR) and computerized physician order entry (CPOE) systems.

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Depending on different applications, the global CDSS market is segmented into drug-drug interaction, drug allergy alert, clinical guidelines, clinical reminders, drug dosing support, and others. The drug delivery alert segment accounted for the largest share in the global CDSS market, registering a sales value of over $135 million in 2015 and a CAGR of around 22% during the period from 2016 to 2022. Other major applications of CDSS include drug-drug interactions and clinical reminders, with both these segments together accounting for around 45% market share.

Among the player operating in the global CDSS market, some profiled in the report include Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions Inc., IBM Corporation, Relx Group Plc, Mckesson Corporation, General Electric Company, Siemens AG, Meditech, and Zynx Health Incorporated among others. Partnership expansion, strategic relationships for technology sharing and development, and acquisitions are some major strategies followed by leading players in this market to sustain market competition.

Table Of Contents:

Chapter 1. Research Scope & Methodology
 
1.1 Market Definition
1.2 Objectives
1.3 Research Scope: Global CDSS Market
    1.3.1 Market Breakdown By Solution
    1.3.2 Market Breakdown By Application
    1.3.3 Market Breakdown By Model
    1.3.4 Market Breakdown By Mode Of Delivery
    1.3.5 Market Breakdown By Component
    1.3.6 Market Breakdown By Healthcare Entity Capacity
    1.3.7 Market Breakdown By Geography
1.4 Research Methodology and Sources
 
Chapter 2. Executive Summary
 
2.1 Key Findings
2.2 Research Summary
 
Chapter 3. Market Outlook
 
3.1 Introduction
3.2 Market Trends
    3.2.1 Growing Demand for Medication Management and Software
3.3 Opportunities
    3.3.1 Untapped CDSS Market Across the Globe
3.4 Market Drivers and its Impact
    3.4.1 Demand for Advanced Healthcare Systems
    3.4.2 Rising Investments by Health Information Technology (HIT) Players
    3.4.3 Increasing Need for Remote Patient Monitoring Services
    3.4.4 Support from Government Organizations
    3.4.5 Impact Analysis of Drivers
3.5 Market Restraints and its Impact
    3.5.1 Maintenance and High Capital Expenditure
    3.5.2 Privacy and Security Concerns
    3.5.3 Lack of Adequate Healthcare Infrastructure in Developing Economies
    3.5.4 Impact Analysis of Restraints
 
Chapter 4. Global CDSS Market Size and Forecast
 
4.1 Global CDSS Market, By Product
4.2 Global CDSS Market, By Model
4.3 Global CDSS Market, By Application
4.4 Global CDSS Market, By Mode of Delivery
4.5 Global CDSS Market, By Component
4.6 Global CDSS Market, By Healthcare Provider Entity Capacity
4.7 Global CDSS Market, By Geography
 
Chapter 5. Global CDSS Market, By Product
 
5.1 Integrated CDSS Solution Market
5.2 Standalone CDSS Solution Market
 
Chapter 6. Global CDSS Market, By Model
 
6.1 Knowledge-Based CDSS Solution Market
6.2 Non-Knowledge-Based CDSS Solution Market
 
Chapter 7. Global CDSS Market, By Application
 
7.1 CDSS Market for Drug Allergy Alert
7.2 CDSS Market for Drug-Drug Interaction
7.3 CDSS Market for Clinical Reminder
7.4 CDSS Market for Clinical Guideline
7.5 CDSS Market for Drug-Dosing Support
 
Chapter 8. Global CDSS Market, By Mode of Delivery
 
8.1 Web-Based CDSS Solution Market
8.2 On-Premise CDSS Solution Market
8.3 Cloud-Based CDSS Solution Market
 
Chapter 9. Global CDSS Market, By Component
 
9.1 CDSS Software Market
9.2 CDSS Hardware Market
9.3 CDSS Service Market
 
Chapter 10. Global CDSS Market, By Healthcare Provider Entity Capacity
 
10.1 CDSS Market for Less than 100 Bedded Healthcare Providers
10.2 CDSS Market for 100 – 199 Bedded Healthcare Providers
10.3 CDSS Market for 200 – 299 Bedded Healthcare Providers
10.4 CDSS Market for 300 – 399 Bedded Healthcare Providers
10.5 CDSS Market for 400 – 499 Bedded Healthcare Providers
10.6 CDSS Market for More than 500 Bedded Healthcare Providers
 
Chapter 11. Global CDSS Market, By Geography
 
11.1 North America CDSS Market
    11.1.1 North America CDSS Market, By Product
    11.1.2 North America CDSS Market, By Model
    11.1.3 North America CDSS Market, By Application
    11.1.4 North America CDSS Market, By Mode Of Delivery
    11.1.5 North America CDSS Market, By Component
    11.1.6 North America CDSS Market, By Healthcare Provider Entity Capacity
    11.1.7 North America CDSS Market, By Country
11.2 Western Europe CDSS Market
    11.2.1 Western Europe CDSS Market, By Product
    11.2.2 Western Europe CDSS Market, By Model
    11.2.3 Western Europe CDSS Market, By Application
    11.2.4 Western Europe CDSS Market, By Mode Of Delivery
    11.2.5 Western Europe CDSS Market, By Component
    11.2.6 Western Europe CDSS Market, By Healthcare Provider Entity Capacity
    11.2.7 Western Europe CDSS Market, By Country
11.3 Central & Eastern Europe CDSS Market
    11.3.1 Central & Eastern Europe CDSS Market, By Product
    11.3.2 Central & Eastern Europe CDSS Market, By Model
    11.3.3 Central & Eastern Europe CDSS Market, By Application
    11.3.4 Central & Eastern Europe CDSS Market, By Mode Of Delivery
    11.3.5 Central & Eastern Europe CDSS Market, By Component
    11.3.6 Central & Eastern Europe CDSS Market, By Healthcare Provider Entity Capacity
    11.3.7 Central & Eastern Europe CDSS Market, By Country
11.4 Asia-Pacific CDSS Market
    11.4.1 Asia-Pacific CDSS Market, By Product
    11.4.2 Asia-Pacific CDSS Market, By Model
    11.4.3 Asia-Pacific CDSS Market, By Application
    11.4.4 Asia-Pacific CDSS Market, By Mode Of Delivery
    11.4.5 Asia-Pacific CDSS Market, By Component
    11.4.6 Asia-Pacific CDSS Market, By Healthcare Provider Entity Capacity
    11.4.7 Asia-Pacific CDSS Market, By Country
11.5 Latin America CDSS Market
    11.5.1 Latin America CDSS Market, By Product
    11.5.2 Latin America CDSS Market, By Model
    11.5.3 Latin America CDSS Market, By Application
    11.5.4 Latin America CDSS Market, By Mode Of Delivery
    11.5.5 Latin America CDSS Market, By Component
    11.5.6 Latin America CDSS Market, By Healthcare Provider Entity Capacity
    11.5.7 Latin America CDSS Market, By Country
11.6 Middle East & Africa (MEA) CDSS Market
    11.6.1 MEA CDSS Market, By Product
    11.6.2 MEA CDSS Market, By Model
    11.6.3 MEA CDSS Market, By Application
    11.6.4 MEA CDSS Market, By Mode Of Delivery
    11.6.5 MEA CDSS Market, By Component
    11.6.6 MEA CDSS Market, By Healthcare Provider Entity Capacity
 
Chapter 12. Competitive Analysis
 
12.1 Porter’s Five Forces Analysis
     12.1.1 Bargaining Power of Buyers
     12.1.2 Bargaining Power of Suppliers
     12.1.3 Threat of New Entrants
     12.1.4 Intensity of Rivalry
     12.1.5 Threat of Substitutes
12.2 Competitive Positioning of Key Players
 
Chapter 13. Company Profiles and Strategic Developments
 
13.1 Key Company Profiles
     13.1.1 Cerner Corporation
              13.1.1.1 Business Overview
              13.1.1.2 Product and Service Offerings
     13.1.2 Relx Group Plc
              13.1.2.1 Business Overview
              13.1.2.2 Product and Service Offerings
     13.1.3 Epic Systems Corporation
              13.1.3.1 Business Overview
              13.1.3.2 Product and Service Offerings
     13.1.4 General Electric Company
               13.1.4.1 Business Overview
               13.1.4.2 Product and Service Offerings
     13.1.5 Mckesson Corporation
               13.1.5.1 Business Overview
               13.1.5.2 Product and Service Offerings
     13.1.6 Zynx Health Incorporated
               13.1.6.1 Business Overview
               13.1.6.2 Product and Service Offerings
     13.1.7 International Business Machine (IBM) Corporation
               13.1.7.1 Business Overview
               13.1.7.2 Product and Service Offerings
     13.1.8 Siemens AG
               13.1.8.1 Business Overview
               13.1.8.2 Product and Service Offerings
     13.1.9 Allscripts Healthcare Solutions Inc.
               13.1.9.1 Business Overview
               13.1.9.2 Product and Service Offerings
     13.1.10 Meditech
               13.1.10.1 Business Overview
               13.1.10.2 Product and Service Offerings
     13.2 Strategic Developments in the Global CDSS Market
 
Chapter 14. Appendix
 
14.1 List of Abbreviations

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