The global Clinical Decision Support System (CDSS) market is projected to reach USD 10.7 billion by 2030, growing at a CAGR of 10.4 %
The global clinical decision support system (CDSS) market is estimated to reach USD 2.5 billion mark by 2026, growing at a CAGR of 11.3% during the forecast period from 2020 to 2026. Growing demand for high quality healthcare in both developed and developing economies, and reliable integrated solutions is a major trend facilitating the growth of this market. More and more hospitals are recently installing advanced information systems for seamless data storage, transfer and interpretation. Furthermore, healthcare institutions and associations worldwide are also advocating the initiatives taken by governments towards healthcare data integration. IT solutions such as clinical decision support systems are sophisticated tools and well regulated, and are therefore expected to fulfil the stringent regulatory criteria, well since the development phase.
Come of the most prominent players in the global clinical decision support systems market are McKesson Corporation, IBM, Philips Healthcare, Cerner Corporation, Siemens Healthineers, Wolters Kluwer NU, Hearst Health, Elsevier B.V., Medical Information Technology, Inc., NextGen Healthcare Information Systems, Epic Systems Corporation and Allscripts Healthcare Solutions.
Clinical Decision Support System (CDSS) Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2030 |
Study Period | 2018-2030 |
Forecast Unit | Value (USD) |
Revenue forecast in 2030 | USD 10.7 billion |
Growth Rate | CAGR of 10.4 %during 2020-2030 |
Segment Covered | Product,Application, Delivery Mode,Component,,Regional |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | McKesson Corporation, IBM, Philips Healthcare, Cerner Corporation, Siemens Healthineers, Wolters Kluwer NU, Hearst Health, Elsevier B.V., Medical Information Technology, Inc., NextGen Healthcare Information Systems, Epic Systems Corporation and Allscripts Healthcare Solutions. |
Key Segment Of The Clinical Decision Support System (CDSS) Market
Product (USD Billion)
• Standalone CDSS
• Integrated CPOE with CDSS
• Integrated EHR with CDSS
• Integrated CDSS with CPOE & EHR
Application, (USD Billion)
• Drug-drug interactions
• Drug allergy alerts
• Clinical reminders
• Clinical guidelines
• Drug dosing support
• Others
Delivery Mode, (USD Billion)
• Web-based Systems
• Cloud-based Systems
• On -premise Systems
Component, (USD Billion)
• Hardware
• Software
• Services
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
Consistent and rapid advancement in the field on IT and bioinformatics are leading to optimization in the area od data recording, storage, transfer and management along with data analytics in healthcare organizations. This market is expected to further witness more prominent innovation being introduced by large firms with significant investments. The use of AI and cloud computing is expected to further revolutionize this space. There has been historically significant increase in the number of healthcare organizations installing different forms of clinical decision support systems; and in the recent times, there is an upsurge being witnessed to upgrade the existing solutions, therefore serving significant potential for the market players.
The demand for advanced clinical decision support systems using real time knowledge and cloud computing is phenomenally growing in the developed markets of North America and Western Europe. Such solutions are assisting healthcare organizations in these regions on the ground of consistent growth in the number of patients with chronic diseases.
Healthcare facilities worldwide have increased their focus on providing quality healthcare to patients, which will boost the market growth. The clinical and patient data stored in the systems and on cloud can be efficiently accessed by the concerned medical personnel, therefore improving the quality of care while ensuring complete comfort to the patient. Additionally, collaborations between healthcare organizations and CDSS solutions providers has also led to significant innovation and customization serving specific needs of users. It is anticipated that the following growth opportunities shall be evident in the market in the near future:
- Introduction of interoperable solutions
- Growing usage in the area of patient surveillance
- Deployment in population health management
- Automation in the field of direct communication with patients
In the current market scenario, the demand for CDSS that integrate with the electronic health records of any hospital is high. However, there is also a consistent demand for standalone CDSS due to their low cost, simple operability and ease of use in smaller facilities. There is growing awareness about integrated CDSS in large organizations, where prompt and seamless communication and data exchange among departments is essential for optimal functioning. Additionally, efficient deployment of CDSS offers solutions like precise prediction of drug reaction and patient’s response to any dosage, this helps physicians to take prompt and appropriate decisions regarding drug combination and drug dosage. Based on the mode of delivery, the adoption of on-premise delivery systems is high, due to the information safety and privacy concerns.
In the base year 2019, North America dominated the global clinical decision support systems market. The demand for healthcare information systems and integrated solutions with EHRs has always been high in the region. High prevalence of both chronic and acute conditions in the region is a major contributor to the growing piles of healthcare records in the U.S., this has contributed to the need for fine and robust clinical decision support systems. However, this demand is further catered by the already well-established healthcare infrastructure, high capability of the healthcare system of incurring installation and maintenance costs and better awareness. Additionally, Asia Pacific is expected to be the fastest growing regional market due to increasing investments in healthcare infrastructure in Japan, China, India and Australia, burgeoning medical tourism industry and so on.