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Global advanced clinical decision support platform market size to amass USD 22 billion valuation by 2027

·7-min read

The research literature on ‘global advanced clinical decision support platform market’ covers the past and present business landscape to deliver a comprehensive analysis of the industry performance over 2021-2027.

Pune, India, Dec. 01, 2021 (GLOBE NEWSWIRE) -- According to MarketStudyReport, worldwide advanced clinical decision support platform marketplace stood at USD 1.2 billion in the year 2020 and is projected to register a CAGR of 9.1% over 2021-2027, subsequently amassing a valuation of USD 22 billion by the end of the forecast period.

Proceeding further, the research literature incorporates SWOT and Porter's Five Forces analysis frameworks, and studies the market from the perspective of type, model, setting, and various geographies to uncover the key areas for investment during the forecast period. Moreover, it explicates the competitive landscape on the basis of the strategies, financials, and recent developments of the leading players in this business sphere.

The industry growth can be credited to increasing incidences of medication error, booming elderly population, and subsequent surge in number of chronic disorders. In fact, credible sources cite that lung cancer resulted in 1.8 million deaths worldwide in 2020, making it the top cause of death from cancer. Moreover, it is estimated that 700 million individuals globally would have diabetes by 2045, indicating an enhanced demand for clinical decision support solutions in the upcoming years.

Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/4285256/

For the uninitiated, clinical decision support system (CDSS) is a computer-based tool that analyzes data from electronic health records (EHRs) and offers prompts and suggestions to assist health care providers in adhering to evidence-based clinical standards at the point of treatment.

A traditional CDSS is software intended to aid clinical decision-making by comparing an individual patient's features to a computerized clinical knowledge base. It provides patient-specific estimates or recommendations to the physician for judgment.

Speaking of challenges, rising concerns regarding the safety of patient data & security are likely to hinder global advanced clinical decision support platform industry expansion over the study period.

Regional landscape outlook

Asia Pacific, Europe, North America, and Latin America are the key regions considered for the regional analysis of the market. Forecasters cite that Asia Pacific is predicted to record strong CAGR over 2021-2027, owing to presence of a large aging population, improved government regulations, increasing chronic disease burden, and growing emphasis of key market participants on emerging Asian countries.

Competitive landscape overview

Siemens Healthineers AG, Athenahealth Inc., Nextgen Healthcare Inc., Zynx Health Inc., Allscripts Healthcare Solutions Inc., and Epic Systems Corporation are among the top companies in global advanced clinical decision support platform market sphere. These firms are emphasizing on maintaining their position in this industry through new product development and regulatory approvals.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:

https://www.marketstudyreport.com/reports/global-advanced-clinical-decision-support-platforms-market-by-type-therapeutic-and-diagnostic-model-knowledge-based-and-non-knowledge-based-and

Global Advanced Clinical Decision Support Platform Market, by Type (Value, USD Billion, 2018-2027)

  • Diagnostic

  • Therapeutic

Global Advanced Clinical Decision Support Platform Market, by Model (Value, USD Billion, 2018-2027)

  • Non-Knowledge Based

  • Knowledge Based

Global Advanced Clinical Decision Support Platform Market, by Setting (Value, USD Billion, 2018-2027)

  • Ambulatory Care

  • Hospitals

Global Advanced Clinical Decision Support Platform Market Regional Bifurcation (Value, USD Billion, 2018-2027)

North America

  • U.S.

  • Canada

Europe

  • The U.K.

  • Germany

  • France

  • Spain

  • Italy

  • Rest of Europe

Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

  • Rest of Asia Pacific

Latin America

  • Brazil

  • Mexico

Rest of The World

Global Advanced Clinical Decision Support Platform Market Top Players (Value, USD Billion, 2018-2027)

  • GE Healthcare

  • Siemens Healthineers AG

  • Athenahealth Inc.

  • Nextgen Healthcare Inc.

  • Zynx Health Inc.

  • Allscripts Healthcare Solutions Inc.

  • Epic Systems Corporation

  • Wolters Kluwer Health

  • Philips Healthcare

  • Change Healthcare

Table of Content:

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Advanced Clinical Decision Support Platform Market, by Region, 2019-2027 (USD Billion)

1.2.2. Advanced Clinical Decision Support Platform Market, by Type, 2019-2027 (USD Billion)

1.2.3. Advanced Clinical Decision Support Platform Market, by Model, 2019-2027 (USD Billion)

1.2.4. Advanced Clinical Decision Support Platform Market, by Setting, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Advanced Clinical Decision Support Platform Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Advanced Clinical Decision Support Platform Market Dynamics

3.1. Advanced Clinical Decision Support Platform Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rapid increase in aging population and subsequent rise in the number of chronic diseases

3.1.1.2. Growing incidence of medication error

3.1.2. Market Restraint

3.1.2.1. Increase in concerns regarding the patient data safety & security

3.1.2.2. Data security concerns related to cloud based CDSS

3.1.3. Market Opportunities

3.1.3.1. Technological advancements and social media integration

3.1.3.2. Emerging Asian countries

Chapter 4. Global Advanced Clinical Decision Support Platform Market Industry Analysis

4.1. Porter's 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Advanced Clinical Decision Support Platform Market, by Type

5.1. Market Snapshot

5.2. Global Advanced Clinical Decision Support Platform Market by Type , Performance - Potential Analysis

5.3. Global Advanced Clinical Decision Support Platform Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

5.4. Advanced Clinical Decision Support Platform Market , Sub Segment Analysis

5.4.1. Therapeutic

5.4.2. Diagnostic

Chapter 6. Global Advanced Clinical Decision Support Platform Market, by Model

6.1. Market Snapshot

6.2. Global Advanced Clinical Decision Support Platform Market by Model, Performance - Potential Analysis

6.3. Global Advanced Clinical Decision Support Platform Market Estimates & Forecasts by Model 2018-2027 (USD Billion)

6.4. Advanced Clinical Decision Support Platform Market , Sub Segment Analysis

6.4.1. Knowledge based

6.4.2. Non-Knowledge based

Chapter 7. Global Advanced Clinical Decision Support Platform Market, by Setting

7.1. Market Snapshot

7.2. Global Advanced Clinical Decision Support Platform Market by Setting, Performance - Potential Analysis

7.3. Global Advanced Clinical Decision Support Platform Market Estimates & Forecasts by Setting 2018-2027 (USD Billion)

7.4. Advanced Clinical Decision Support Platform Market , Sub Segment Analysis

7.4.1. Hospitals

7.4.2. Ambulatory care

Chapter 8. Global Advanced Clinical Decision Support Platform Market, Regional Analysis

Related Report:

eClinical solutions Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027

The eClinical solution market is expected to flourish over the coming years owing to the rising adoption of web-hosted (on-demand) solutions, increasing demand for clinical data management system, and high product demand across hospitals & clinics, medical device companies, CROs, and pharma/biotech companies among others. eClinical solutions refers to the application of computerized solutions such as hardware or/and software and other linked processes proposed to support clinical trial-based processes through automation of formerly manual based processes. eClinical solutions generally combines clinical technology as well as expertise to aid the acceleration of the clinical development process. These solutions include a wide range of solutions that try to support one or even more clinical trial aspects that ranges from planning to data mining as well as submissions. Electronic data capture and clinical trial management systems are in fact, considered as the most eminent eClinical solutions. From a regional frame of reference, in 2020, Latin America eClinical solution market accounted a market share of around 8.5% and is estimated to follow strong growth over the coming years.

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