Clinical decision support system (CDSS) is an interactive decision support system designed to improve clinical decision-making. CDSS-EHR is an analogue of the decision support system used to support business management. It is an electronic form of gathering, managing, retrieving, and updating patient records. It is used by practitioners to document, monitor, and manage healthcare across providers.
North America accounts for the largest share of the CDSS-EHR market globally in 2013. The market value was pegged at $51 million in 2012 and is expected to grow at a CAGR of 8.7% from 2013 to 2018. This growth is attributed to the rise in adoption of CDSS software by healthcare professional to take accurate decision which reduces the incidence of medication error and adverse drug events, and government initiatives.
Integrated EHR solution with CDSS is estimated to be high growth segment over the next five years. The high growth in this segment can be attributed to the growing demand for integrated CDSS with EHR, as it meets all the needs of clinicians, from retrieving patient data to triggering alerts and reminders. The market is likely to be driven inspite of integrated solution facing steep technical challenges.
For the healthcare industry, cloud computing has emerged as an efficient model to deliver various IT solutions. It enables the management and migration of huge amounts of data, helps in saving costs, offers anytime access from multiple mobile devices, provides large backup data storage capability, and offers ease-of-use. The growth in popularity and benefits offered by cloud computing have encouraged healthcare stakeholders to invest in this model for the delivery CDSS solutions. Owing to these factors, this segment is expected to be a major revenue pocket for the CDSS market in the coming years.
This market is segmented and forecasted on the basis of Components and Deployments, namely, Components is segmented into Hardware, Software and Services, while the Deployments are on-premise, Cloud-based, and Web-based. The market is further segmented and forecasted on the basis of major countries, such as U.S., Canada, and Mexico. The market is also segmented and analyzed further on the basis of the applications and end-users.
The report provides an extensive competitive landscaping of companies operating in this market. The key players of the market covered in the report are Cerner Corporation, Mckesson Corporation, GE Healthcare, Zynx Health, Meditech. This report also includes the market share, value chain analysis, and market metrics such as drivers, restraints and upcoming opportunities in the market.
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