Clinical Decision Support (CDS) Market, By Product (Diagnostic CDS and Therapeutics CDS), By Application (Drug Allergy Alert, Drug-Drug Interaction, Clinical Reminder, Clinical Guideline, and Drug Dosing Support), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI341719 | Publish Date: January 2024 | No. of Pages: 170

Global Clinical Decision Support CDS Overview

Clinical Decision Support (CDS) Market was valued at US$ 1.8 billion in 2024 and is projected to grow at a CAGR of 7.8 % to reach US$ 3.6 billion by 2034.

The market for clinical decision support is the name given to the sector of the economy that creates and offers instruments and technology to help healthcare providers make well-informed decisions regarding patient care and safety. These Systems combine data from multiple sources, including medical literature, practice guidelines, operating procedures and patient records, to provide medical professionals with evidence-based advice, suggestions and recommendations that will help provide the best possible decision for the concerned individuals. As the implementation of healthcare technologies is on constant rise, the market for clinical decision support systems is also set to experience growth in the upcoming years. The rise in awareness for patient safety and protection in healthcare industry is responsible for the CDS market growth, as it can provide the medical practitioners with rules and regulations to safeguard the individuals from any possible harm.

The incorporation of Electronic Health Records (EHRs) in Clinical Decision Support (CDS) Market is also one of the major factors for its growth and development. EHRs are digital records of patient data containing information about their medical history, drug prescriptions, test results and future treatment plans. These records upon integration with CDS systems can provide reminders and medical alerts for any individual which can help prevent adverse circumstances and events in future.    

Introduction - Clinical Decision Support (CDS) Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Clinical Decision Support CDS Dynamics

Clinical Decision Support Key Drivers:

  •  Increasing Use of Health Information Technology

Government rules and regulations, a growing number of prescription mistakes, medical errors and large-scale data platforms are the main factors driving Clinical Decision Support (CDS) Market growth. The increase in adoption of healthcare technologies is the major reason behind the growing requirement of clinical decision support systems in the medical sector. The use of such systems is beneficial in forming better decisions for patients to monitor their safety and increase efficiency in patient care.

For instance, according to a Centers for Disease Control and Prevention (CDC) report, a review of 22 studies suggests that using clinical dashboards or CDS systems can give clinicians immediate access to patient information, make processes more efficient and improve patient outcomes. CDS is health information technology that builds upon the foundation of an EHR to give general and patient-specific information to health workers to improve care.

Further, a 2021 systematic review report from The Community Preventive Services Task Force showed that the use of CDS systems increases HIV screening based on strong evidence of effectiveness for the general population and for people at high risk for HIV infection. Overall, CDS systems have been shown to improve health care process measures related to decision-making, diagnostic accuracy, and reducing unnecessary testing across diverse settings. This report in turn supports the growth of Clinical Decision Support (CDS) Market growth.                                                         

  • Increasing Patient Safety Awareness

Clinical Decision Support (CDS) systems are essential for raising patient safety awareness because they give medical practitioners rapid access to pertinent information so they may make wise judgments. The ability of CDS systems to create alerts and reminders for a drug, allergy, and other medical records is admirable.

Clinical Decision Support Restrains:

Clinical decision support systems although are very useful have some constraints regarding their complete implementation in healthcare sector. The major reason behind this constraint is its compatibility issue with existing healthcare technologies and cost of implementation. Also, the accuracy of data provided to these tools should be precise and correct, if not, then the results or interpretation of such data may not provide you with reliable information. These factors may produce wrong data due to incorrect diagnosis which may restrain the target market growth.

Recent Developments:

  • In April 2023, Microsoft and Epic Systems Corporation, integrated the scope and strength of Azure Open AI service with Epic's industry-leading electronic health record (EHR) software, they extended their long-standing collaboration to produce and apply strategic AI into healthcare.
  • In April 2023, Elsevier B.V. declared the launch of an enhanced version for ClinicalKey which can guide the medical professionals to take best decisions on the basis of evidence based practices and to treat the patients effectively.
  • In August 2022, Change Healthcare developed InterQual 2022, offering the latest technology and scientifically proven standards to optimize clinical decision support systems.
  • In June 2022, nView Health developed a Clinical Decision Support solution to assist in diagnosing, treating, and keeping an eye on the mental health condition. The nView solution adopted an initial testing, clinical follow-up and degree of severity, and outcome measuring approach as part of a measurement-based care process model to track development and monitor it carefully.

Global Clinical Decision Support CDS Segmentation

Clinical Decision Support (CDS) Market is segmented based on product, application, and region.

Product Insights

On the basis of Product, Clinical Decision Support (CDS) Market is segmented into Diagnostic CDS and Therapeutics CDS. Diagnostics CDS is one of the fastest growing segment of this market. It can support in patient sorting, further treatments, testing and diagnosis of an individual. It can help in detection of illnesses based on the data provided to them.    

Application Insights

On the basis of application, Clinical Decision Support (CDS) Market is segmented into Drug Allergy Alert, Drug-Drug Interaction, Clinical Reminder, Clinical Guideline, and Drug Dosing Support. Drug Allergy Alert application segment is expected to dominate the target market growth due to the rise in awareness to avoid any negligence in the prescription of drugs and medications that may have potential adverse effects on the patient. These in turn increase the efficiency of patient care. 

Regional Insights:

Clinical Decision Support (CDS) Market regional analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Clinical Decision Support (CDS) Market Regional Insights:

On region the Clinical Decision Support (CDS) Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • North America market is estimated to witness a significantly high revenue share over the forecast period, owing to the growing need for healthcare information technology solutions in the industry and the rising significance of providing accurate, high-quality and precise healthcare services.
  • Asia Pacific market is estimated to witness fastest revenue share because the medical industry is increasingly utilizing cutting-edge technology, the need for enhanced facilities in healthcare, and the positive adoption and implementation by government support.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Diagnostic CDS and Therapeutics CDS

By Application - Drug Allergy Alert, Drug-Drug Interaction, Clinical Reminder, Clinical Guideline, and Drug Dosing Support

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Clinical Decision Support (CDS) Market report based on product, application, and region:

Clinical Decision Support (CDS) Market, By Product:

  • Diagnostic CDS
  • Therapeutics CDS

Clinical Decision Support (CDS) Market, By Application:

  • Drug Allergy Alert
  • Drug-Drug Interaction
  • Clinical Reminder
  • Clinical Guideline
  • Drug Dosing Support

Clinical Decision Support (CDS) Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Company Profile:

  • Allscripts, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cerner Corporation
  • Elsevier
  • Epic Systems Corporation
  • Koninklijke Philips N.V.
  • Mckesson Corporation
  • Medical Information Technology, Inc.
  • Truven Health Analytics
  • Wolters Kluwer
  • Zynx Health

 

“*” marked represents similar segmentation in other categories in the respective section

 

 

 

Global Clinical Decision Support CDS Key Players

The key players operating the Clinical Decision Support (CDS) Market includes, Allscripts, Inc., Cerner Corporation, Elsevier, Epic Systems Corporation, Koninklijke Philips N.V., Mckesson Corporation, Medical Information Technology, Inc., Truven Health Analytics, Wolters Kluwer, Zynx Health, and Others.

Global Clinical Decision Support CDS Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Product
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Clinical Decision Support (CDS) Market, By Product, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Diagnostic CDS
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Therapeutics CDS
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Clinical Decision Support (CDS) Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Drug Allergy Alert
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Drug-Drug Interaction
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Clinical Reminder
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Clinical Guideline
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Drug Dosing Support
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Clinical Decision Support (CDS) Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America

 

  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Allscripts, Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cerner Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Elsevier
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Epic Systems Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke Philips N.V.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mckesson Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Medical Information Technology, Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Truven Health Analytics
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Wolters Kluwer
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zynx Health
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The clinical decision support (CDS) market report segments the market on the basis of product, application, and region.

Integration complexities with existing healthcare systems, concerns about data privacy, and resistance to adopting new technologies pose restraints in the Clinical Decision Support (CDS) Market.

Increasing demand for improved patient outcomes, advancements in artificial intelligence and machine learning, and regulatory initiatives promoting digital healthcare drive growth in the Clinical Decision Support (CDS) Market globally.

By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

Allscripts, Inc., Cerner Corporation, Elsevier, Epic Systems Corporation, Koninklijke Philips N.V., Mckesson Corporation, Medical Information Technology, Inc., Truven Health Analytics, Wolters Kluwer