Clinical
decision support system is IT-based tool that assists doctors and
nurses by providing actionable inputs about patient for enhancement
of health outcome of patient. This system provides customized,
patient specific clinical information, which improves quality of
care. Various tools in the clinical decision support system include
computerized alerts and reminders to care providers and patients,
clinical guidelines and protocols, condition-specific order sets,
focused patient data reports and summaries, smart documentation
templates, diagnostic support, multipatient monitors and dashboards,
contextually relevant reference information, and predictive and
retrospective analytics. Clinical decision support system provide
different benefits such as reduction in clinical error and adverse
events, improved quality of healthcare service, increased efficiency
and reduction in overall healthcare cost. Clinical decision support
system is one of emerging healthcare technology designed to improve
clinical decision making, this system could address the problem of
clinical information burden faced by healthcare providers in routine
decision making. Clinical decision support system provides a platform
for integrating evidence-based knowledge into care delivery that
improves clinical outcome.
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).
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Market
Dynamics:
Major
driver for growth of the clinical decision support system market is
various benefits offered by the CDSS in both inpatient settings,
ambulatory settings, and clinics. Medical error is one of the
significant contributor to cause of death worldwide. According to
data published by Centre for Disease Control and Prevention (CDC),
2013, more than 150,000 deaths are reported annually in the U.S. due
to medical error (ADR, wrong diagnosis, prescription error).
According
to World Health Organization (WHO) report, in 2017, medication error
costs US$ 42 billion annually worldwide. An estimated 43 million
patient safety incidence occur annually and around 1 in 10 patient
get harmed due to medication error while receiving healthcare. These
incidence of medication error could be addressed with use of CDSS.
Increasing prevalence of chronic disease is another driver for wide
adoption of CDSS. According to WHO Factsheet, around 73% of global
deaths are expected to be from chronic disease by 2020.
Increasing
chronic disease prevalence worldwide to propel growth of the clinical
decision support system market
Increasing
prevalence of the chronic disease such as cancer, diabetes, and
cardiovascular disease worldwide is propelling demand for its
accurate diagnosis, treatment plan, and continuous care. According to
the data published by American Heart Association, in 2016, annual
cost of cardiovascular disease and stroke in 2011 – 2012 was US$
193.1 billion in medical care and about US$ 123 billion in lost
productivity from premature death. This cost can be reduced by
adopting clinical decision support system, which could prevent and
control major risk factors for CVD such as hypertension,
hypercholesterolemia, and diabetes.
Competitive
Analysis:
Key
players operating in the clinical decision support system market
include Cerner Corporation, Allscripts Healthcare Solutions, Inc.,
IBM Watson Health, GE Healthcare, Change Healthcare, Zynx Health,
Carestream Health Inc., First Databank, Inc., NextGen Healthcare
Information Systems, Agfa Healthcare, Medical Information Technology
Inc., Athena Health, Wolters Kluwer NU, Siemens Healthineers, and
Philips Healthcare.
Detailed
Segmentation:
Global
Clinical Decision Support System Market, By Product:
-
Stand Alone CDSS
-
Integrated CDSS
Global
Clinical Decision Support System Market, By Delivery Mode:
-
On Premise CDSS
-
Web/Cloud based CDSS
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