Kenneth Research published a report titled “Clinical Decision Support System (CDSS) Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global clinical decision support system (CDSS) market in terms of market segmentation by component, delivery mode, application, end-users, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
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The global clinical decision support system (CDSS) market is expected to grow at ~11 % CAGR over the forecast period, i.e., 2022-2031. The market is segmented by end-users into clinics, ambulatory surgical centers, hospitals, clinics, and others. Out of which, the hospitals segment is anticipated to hold the largest share over the forecast period owing to the increase in the availability of hospitals and the presence of a large number of data related to patients.
An increasing incidence of emergency cases is anticipated to drive the growth of the global clinical decision support system (CDSS) market. Moreover, an increase in patients’ records is further projected to surge the growth of the market.
Geographically, the global clinical decision support system (CDSS) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of them, the market in the Asia Pacific region is anticipated to witness the highest growth during the forecast period owing to increasing government investment in healthcare, an increase in the establishment of information technologies in the healthcare field, and the rise in the elderly population.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Growing Incidences of Medication Errors to Drive the Growth of the Market
According to the World Health Organization, every year 134 million adverse events occur in low- and middle-income countries' hospitals as a result of unsafe care, resulting in 2.6 million deaths
There has been growing incidences of medication errors across the globe that are resulting in one of the leading causes of deaths. In addition, the demand for better healthcare facilities has been increased to save the lives of patients. Therefore, it is expected to surge the growth of the global clinical decision support system (CDSS) market.
However, the lack of skilled labor for operating CDSS, the high investment required for the implementation of CDSS, and the threat to health-related data from hackers are expected to operate as key restraint to the growth of global clinical decision support system (CDSS) market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global clinical decision support system (CDSS) market which includes company profiling of McKesson Corporation, Cerner Corporation, Wolters Kluwer N.V., OCHIN, Inc., Epic Systems Corporation, Zynx Health, Inc., Elsevier Inc., IBM Corporation, Altera Digital Health Inc., Siemens Healthcare GmbH, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global clinical decision support system (CDSS) market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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