Advanced Clinical Decision Support Platforms – AMR
The advanced clinical decision support platforms market is estimated to reach $1,175.0 million by 2031, growing at a CAGR of 9.0% from 2022 to 2031
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Clinical decision support systems (CDSS) are computer-based tools that assist healthcare providers in making clinical decisions by providing relevant patient information and knowledge. These systems are designed to improve clinical decision-making, reduce medical errors, and improve patient outcomes. Advanced CDSS platforms are the next generation of CDSS systems that leverage advanced technologies such as artificial intelligence (AI) and machine learning (ML) to provide more personalized and efficient clinical decision support.
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ā¢CAGR: 8.7%
ā¢ Current Market Size: USD 0.45 Billion
ā¢ Forecast Growing Region: APAC
ā¢ Largest Market: North America
ā¢ Projection Time: 2021- 2031
ā¢ Base Year: 2021
The advanced clinical decision support platforms market size was valued at $496.4 million in 2021, and is estimated to reach $1,175.0 million by 2031, growing at a CAGR of 9.0% from 2022 to 2031.The increasing demand for personalized medicine, the rising prevalence of chronic diseases, and the need to reduce healthcare costs are some of the key factors driving the market growth.
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The advanced clinical decision support platforms market share is segmented into Type, Model, Setting, and Region. By type, the market is bifurcated into therapeutic and diagnostic. The diagnostic segment is further divided into hospitals and ambulatory care. Therapeutic segment is further classified into hospitals and ambulatory care. By model, the market is categorized into knowledge based and non-knowledge based. By setting, the market is segregated into hospital and ambulatory care. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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North America dominates the global advanced clinical decision support platforms market, owing to the presence of well-established healthcare infrastructure, high adoption of advanced technologies, and the presence of major market players in the region. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period, owing to the increasing healthcare expenditure, rising prevalence of chronic diseases, and increasing government initiatives to promote healthcare IT adoption.
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ā¢ Oracle Corporation,
ā¢ Wolters Kluwer,
ā¢ Meditech,
ā¢ IBM Watson Health,
ā¢ Veradigm Inc.,
ā¢ Epic Systems Corporation,
ā¢ NextGen Healthcare Inc.,
ā¢ Zynx health,
ā¢ Siemens Healthineers,
ā¢ Relx Group
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The COVID-19 pandemic had a positive impact on the advanced clinical decision support platform market, as the demand for advanced clinical decision support platform increased slightly due to the increased need for accurate and timely clinical decision making during the pandemic.
The demand for advanced clinical decision support platform surged due to the increasing demand for remote patient care and telehealth services. Advanced clinical decision support platform has enabled healthcare providers to make more informed decisions about patient care and provide better treatment options. In addition, advanced clinical decision support platform allowed healthcare providers to provide more efficient and accurate clinical decision making for patient care.
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