Global Clinical Decision Support Systems Market Overview
The clinical decision support system is an administrative and clinical tool that helps improve the operational efficiency of healthcare practices. Hospitals and clinics are required to manage a large volume of patient information, both administrative and clinical. In order to manage the large volume of data, healthcare professionals and front desk staff are always looking for an efficient way to record, store and improve access to patient information in a efficient. A clinical decision support system helps healthcare professionals and patients streamline medical practice workflows and improve overall operational efficiency and patient care.
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Physicians’ recommendations for updating systems with alert systems and new technological innovations from different key players are likely to accelerate the growth of the global clinical decision support systems market. Technological advancements such as software integration with other electronic health records are expected to fuel the growth of the global clinical decision support systems market.
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Technological Advancements in CDSS to Drive the Global Market
Increase in technological advancements in CDSS, high patient awareness and increasing investment in healthcare IT solutions is accelerating the growth of the global clinical decision support systems market. An increase in group medical practices has been observed in the United States, which is expected to fuel the growth of the cloud-based clinical decision support system in the country over the forecast period.
Technological advancements in CDSS are expected to propel the clinical decision support systems market in Asia Pacific, Latin America, Middle East & Africa over the forecast period.
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The knowledge-based systems segment will dominate the global clinical decision support systems market
The global clinical decision support systems market has been segmented on the basis of usage, application, consulting mode, delivery model, end user, and region. In terms of usage, the global clinical decision support systems market has been categorized into knowledge-based systems, expert laboratory information systems, and machine learning systems.
The knowledge-based systems segment dominates the global market. The large share and high growth of this segment can be attributed to several beneficial features of knowledge-based CDSS, such as assisting clinicians with knowledge-based reasoning to make clinical decisions in the face of uncertainties. In 2020, the knowledge-based CDSS segment accounted for the largest share of 61% of the market. This segment is also estimated to register the highest CAGR of 9.2% during the forecast period.
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There has been an increase in support for the development of innovative clinical decision support systems; for example, Boston Children’s Hospital launched a clinical decision support innovation challenge in which the winner receives rewards in the form of direct costs (approximately $50,000), project management support strategic. and R&D software development support. Additionally, increasing collaboration of hospitals and clinics with healthcare IT companies and growing integration of machine learning algorithms and AI methods will further support the CDSS market.
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