The CDSS market is poised to rise at a single-digit CAGR until 2020!


Posted June 29, 2015 by IarcHealthcare1

A Clinical Decision Support System (CDSS) is a health information technology system that is designed to assign physicians and other health professionals with clinical decision-making tasks.

 
A Clinical Decision Support System (CDSS) is a health information technology system that is designed to assign physicians and other health professionals with clinical decision-making tasks. While the CDSS constitutes a major topic in artificial intelligence in medicine, its best adopted definition till date might very well be “CDSS link health observations link with health knowledge to influence health choices by clinicians for improved health care”

Table of contents and insights:
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Two types of CDSS:
1. Knowledge-based
2. Non-knowledge-based

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Geographical Analysis:
The healthcare informatics market is expanding at a great pace across North America and Europe, owing to increased funding for R&D in this sector, both by government and private organizations. Cross-country expansion of the CDSS is still limited due to differences in healthcare laws and language barriers. The market is also expected to slowly expand in South Australia, with the government’s recent introduction of Enterprise Patient Administration System (EPAS) aimed at integrating healthcare information across all the public and private healthcare service providers. Increase in technical awareness and disposable incomes, along with emergence of medical tourism market, will result in growth of CDSS market in Asian countries.

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Important Players:
The major players in this market include:
• Philips Healthcare,
• IBM,
• McKesson Corporation and
• Isabel Healthcare.
The rise in number of collaborations between third-party CDSS vendors and providers of electronic health records (EHR) is expected to result in highly integrated and seamless experience for users in healthcare organizations. Recently, Elsevier Clinical Decision Support, a care plan and order set vendor, improved the clinical workflow integration under a partnership with EHR providers Allscripts and Epic Systems. Zynx Health was also able to provide similar results in collaboration with Epic Systems and Siemens. Moreover, advanced artificial intelligence technologies such as CDSS developed by IBM's Watson will revolutionize the accessibility of clinical information for informed decision making by physicians and healthcare providers.
Interesting Current Happenings:
• Medical College of Wisconsin is developing a new CDSS for Parkinson’s disease patients receiving deep brain stimulation, with the help of a grant from Clinical and Translational Science Institute. The project aims to provide a system on mobile devices to improve access to post-operative care for patients and further develop tailored therapies for individual patients.
• India, Singapore and South Korea to contribute significantly to the growth of CDSS market, because of surging medical tourism industry in these regions and technological advancement.
• ICNet Systems was selected by Centers for Disease Control and Prevention (CDC) to demonstrate the Antimicrobial Use & Resistance Module (AUR) of ABX Alert, its real-time clinical decision support application.

Related Reports You May Be Interested:
Healthcare Information Systems Market Analysis (2015 – 2020); Type (EMR, EHR, CDSS, E-Prescriptions); By Application (Billing, Materials Management, Clinical Repository, Immunization Database)
http://industryarc.com/Report/4339/Healthcare-Information-Systems-Market-Research-Report.html
For More Market Reports:
http://industryarc.com/Domain/8/lifesciences-healthcare-market-research.html

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IndustryARC is a global market research and business consulting firm based out of India. We have research centers across Asia and Europe with consultants experienced in the following verticals - Agriculture, Automotive, Chemicals and Materials, Energy and Power, Food and Beverages, ICT, Electronics, Life sciences and Healthcare, Automation and Instrumentation.

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Last Updated June 29, 2015