The clinical decision support systems market is being propelled by the exponential increase in medical knowledge. The increasing demand for clinical decision support systems that can integrate with existing workflows while reducing alert fatigue is fuelling the market growth. With the growing popularity of wearables, clinical decision support systems are increasingly deployed as a real-world data collector for complex and heterogeneous health-related data to support personalised and accurate decisions for patients and healthcare providers. The surging penetration of smart devices and technologies like telehealth or telemonitoring is also propelling the demand for clinical decision support systems.
Advancements in clinical decision support solutions by significant companies are driving the clinical decision support systems market growth. In March 2020, IBM Watson Health (NYSE: IBM) announced a strategic collaboration with EBSCO Information Services (EBSCO). The collaboration was aimed at enhancing clinical decision support (CDS) and operations for health systems and healthcare providers. Under the collaboration, the companies would combine their solution suites, DynaMed and IBM Micromedex with Watson into a high-value and single solution called ‘DynaMed and Micromedex with Watson’.
The combined solution would be designed to integrate disease and drug content into a single source to provide evidence-based insights to support clinical decisions. The solution would be designed to provide clinicians with direct access to disease updates and direct content at the point of care to aid in clinical decision-making. It would also deliver innovation and value to healthcare organisations, facilitating rapid access to high-quality medical evidence vital for healthcare providers.
The major players in the global clinical decision support systems market are Cerner Corporation, IBM Corporation, Koninklijke Philips N.V., Wolters Kluwer N.V., and Zynx Health, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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