(Health-NewsWire.Net, September 18, 2018 ) According to Verified Market Intelligence, the Global Clinical Decision Support Market was valued at USD 854.11 million in 2016 and is projected to reach USD 8,439.25 million by 2025, growing at a CAGR of 11.9% from 2017 to 2025.
Clinical decision support (CDS) is component of health IT designed to provide information regarding implementation of clinical guidelines to the healthcare providers in order to enhance health and healthcare of the patients.CDS consists of various tools which enhance the decision making in the clinical tasks. It mainly consists electronic health records (EHR) along with integrated computer based functions which provides information regarding patient data reports and summaries, documentation templates; diagnostic support etc. and thus resulting in increased quality of care and improved health outcomes.
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Increasing prevalence of chronic diseases, increased medication errors and growing usage of analytics and computer clouding in healthcare are the factors that has been driving the global clinical decision support market. While patient data privacy and high installation costs acts a potential restraints for the overall market at a global level.
Competitive Landscape:
The major players in the market are as follows:
Cerner Corporation Mckesson Corporation EPIC Systems Corporation Meditech Philips Healthcare Wolters Kluwer Health Zynx Health Elsevier B.V. (A Division of the Relx Group) IBM Corporation Allscripts Healthcare Solutions, Inc
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