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Healthcare Decision Support System Market Size, Share Global Analysis Report, 2018 – 2025

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Healthcare Decision Support System Market By Offering (Hardware, Software, and Services), By Product Type (Standalone HDSS Solution and Integrated HDSS Solution), By Model (Knowledge-Based Model and Non-Knowledge Based Model), By Deployment Type (On-Premise, Web-Based, and Cloud-Based), and By Application(Drug-Drug Interactions, Drug Dosing Support, Drug Allergy Alerts, Clinical Reminders, Clinical Guidelines, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2025

Industry Insights

The report covers the forecast and analysis of the Healthcare Decision Support System market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the Healthcare Decision Support System market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Healthcare Decision Support System market on a global level.

Global Healthcare Decision Support System Market Size

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In order to give the users of this report a comprehensive view of the Healthcare Decision Support System market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the Healthcare Decision Support System market by segmenting the market based on offering, product type, model, deployment type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The burgeoning demand for healthcare IT services & the launching of new healthcare technology will prompt the growth of the industry over the forecast period. Additionally, growing cases of chronic ailments and bulging aging population across the globe will augment the scope of the business over the period from 2019 to 2025. However, the huge proportion of clinical tests & medical research activities published regularly has proved to be a challenging task for incorporating the data outcomes. Apart from this, a large number of data into the current healthcare decision support system has placed substantial stress on infrastructure maintenance & application of these systems, thereby hindering business growth. Nevertheless, growing popularity of cloud-based healthcare decision support systems can offer new growth avenues for the industry, thereby nullifying the negative impact of the hindrances on the market during the forecast timeline.
Report Scope

 

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Market Size in 2018

USD 1,091 million

Projected Market Size in 2025

USD 2,498 million

CAGR Growth Rate

12.5% CAGR

Base Year

2018

Forecast Years

2019–2025

Key Market Players

Xylem Analytics Germany Sales GmbH & Co. KG., Synbiosis, A Division of Synoptics Ltd., Autoimmun Diagnostika GmbH, Bioavlee Sp., bioMérieux, Inc., Boeckel Co. (GmbH Co.) KG, Interscience, Labline Stock Centre, Molecular Devices, LLC, Neu-tec Group Inc., Patel Scientific Instruments Pvt. Ltd., SM Scientific Instruments Pvt. Ltd., Spectronics India, Suntex Instruments Co., Ltd., UVP, LLC (DBA Analytik Jena US), and Zenith Engineers (Biozen).

Key Segment

By Offering, By Product Type, By Model, By Deployment Type, By Application, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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On the basis of offering, the market is divided into Hardware, Software, and Services. Based on the product type, the industry is classified into Standalone HDSS Solution and Integrated HDSS Solution. In terms of model, the market for the healthcare decision support system is segregated into Knowledge-Based Model and Non-Knowledge Based Model. On the basis of the deployment type, the market is divided into On-Premise, Web-Based, and Cloud-Based. Application-wise, the market is segregated into Clinical Guidelines, Drug Allergy Alerts, Drug-Drug Interactions, Drug Dosing Support, Clinical Reminders, and Others.

Industry Major Market Players

  •  Xylem Analytics Germany Sales GmbH & Co. KG
  •  Synbiosis
  •  A Division of Synoptics Ltd
  •  Autoimmun Diagnostika GmbH
  •  Bioavlee Sp
  •  bioMérieux Inc
  •  Boeckel Co. (GmbH Co.) KG
  •  Interscience
  •  Labline Stock Centre
  •  Molecular Devices LLC
  •  Neu-tec Group Inc
  •  Patel Scientific Instruments Pvt. Ltd
  •  SM Scientific Instruments Pvt. Ltd
  •  Spectronics India
  •  Suntex Instruments Co. Ltd
  •  UVP
  •  LLC (DBA Analytik Jena US)
  •  Zenith Engineers (Biozen)

Frequently Asked Questions

A healthcare decision support system is an application that examines the data to assist the healthcare service providers in taking effective decisions along with improving the patient care services. Moreover, healthcare decision support systems focus on making use of knowledge management to acquire medical advice based on myriad factors pertaining to patient-related information. Additionally, healthcare decision support systems help in integrating the workflows along with offering support during patient care.
One of the major causes for the growth of the global Healthcare Decision Support System market is Strict enforcement of laws by government authorities mandating Healthcare Decision Support System Market.
According to the report, the global Healthcare Decision Support System market is predicted to be valued at approximately USD 1,091 million in 2018 and is expected to reach a value of around USD 2,498 million by 2025.
The CAGR value of Healthcare Decision Support System market is expected to be around 12.5% during 2018-2025?
The healthcare decision support system industry in the Asia Pacific zone is set to register the highest growth rate of over 13% over the forecast period. The regional market growth is attributed to presence of strong healthcare infrastructure facility and growing awareness about the electronic health record systems in the region.
The global Healthcare Decision Support System market is led by players like Xylem Analytics Germany Sales GmbH & Co. KG., Synbiosis, A Division of Synoptics Ltd., Autoimmun Diagnostika GmbH, Bioavlee Sp., bioMérieux, Inc., Boeckel Co. (GmbH Co.) KG, Interscience, Labline Stock Centre, Molecular Devices, LLC, Neu-tec Group Inc., Patel Scientific Instruments Pvt. Ltd., SM Scientific Instruments Pvt. Ltd., Spectronics India, Suntex Instruments Co., Ltd., UVP, LLC (DBA Analytik Jena US) and others.