Government initiatives to promote clinical IT solutions and growing pressure to cut healthcare costs will boost the global market for clinical decision-support (CDS) systems to $558 million by 2018.
The market grew to $350 million in 2013 and is poised to continue its advance at a high-single-digit compound annual growth rate (CAGR) from 2013 to 2018, according to a new report from research firm MarketsandMarkets.
North America was the largest contributor to the global CDS market in 2013 and will also be the fastest growing region through 2018, the company found. Factors driving the expansion include growing demands for integrated CDS solutions with electronic health records and computerized physician order entry (CPOE), support from the U.S. Agency for Healthcare Research and Quality (AHRQ), and increasing healthcare costs and patient demand for quality care, MarketsandMarkets said.
