CLINICAL DECISION AND SUPPORT SYSTEM MARKET ANALYSIS
The global clinical decision support system market size was valued at US$ 767.4 million in 2017, and is expected to witness a CAGR of 11.69 % over the forecast period (2018 – 2026).
Figure 1. Global Clinical Decision Support System Market Value (US$ Mn), by Region, 2017
Source – Coherent Market Insights Report
Various benefits provided by the CDSS to drive growth of the clinical decision support system market
Market Trends
Key players are launching new products, which is expected to propel growth of the clinical decision support system market. In February 2018, the US Food and Drug Administration (FDA) granted marketing clearance for Viz.AI's Contact application. It is first Artificial Intelligence-based Clinical Decision Support (CDS) solution approved in the U.S. Integration of the Electronic Health Record(EHR), Computerized Physician Order Entry(CPOE) into CDSS by key players are expected to increase the adoption of the CDSS system, in turn driving growth of the clinical decision support system market. Furthermore, key players are entering into licensing deals with leading hospitals and healthcare groups to expand their consumer base and improve revenue prospects.
Clinical Decision And Support System Market Report Snapshots
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