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Clinical Decision Support Systems Market - Forecast(2021 - 2026)

The Global CDSS Market is estimated to grow at a CAGR of 9.5% during the forecast period 2018-2023. The North American region dominates the CDSS market and is expected to rise further due to the availability of sophisticated infrastructure, government support and flexible healthcare policies. In 2017, the knowledge based CDSS forms the larger segment of the total CDSS market and earned a revenue of $419.8m and is estimated to grow at a CAGR of 8.6% during 2018-2023. The opportunities in the current environment hold promise for increased use CDS as there are growing concerns about quality of care and awareness of healthcare tools among the clinicians. Advancements in bioinformatics and biotechnology are promising improvements in data storage, data management. What is Clinical Decision Support System? Clinical decision support is an important tool that provides information to the members of the care team which includes clinicians, nurses, patients, administrative staff or other members....