New Study of Global Healthcare Decision Support System Market Profiling Epic Systems Corporation, GE Healthcare, , Ltd., HealthCare Management Systems, IBM Corporation
The healthcare industry is one of the biggest producers of data. Data related to a patient's ailment, medicines, allergies, blood group, medical history are of utmost important to doctors. But as the number of patients visiting a hospital is unlimited, a large quantity of data is generated on daily basis. This data is very vast and cannot be stored in files. Due to this, the medical industry extended hands towards information technology (IT). Their combination resulted in the development of 'Decision Support System'.
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Market participants include 3M
The system not only helps to store data but also helps to deliver strong decisions based on analysis of data, which is stored. Many big hospitals and clinics have started using the system as the cases of wrong diagnosis and patients responding negatively to drugs and treatments have increased. The decision support system can also be defined as an interactive, flexible and adaptable computer-based information system that analyzes the data stored to provide easy and interactive solutions for health-related problems. It is also famous by the name 'Clinical Decision Support System'. The system is mainly used in two areas, the first involves patent diagnosis, treatment, record keeping, finance and inventory management. The other involves higher level decision making that helps physicians to solve health related problems. The system has been helping the finance and accounts department in hospitals to keep track of billing, accounts payable and receivable. It is also helping in claiming insurance and other related financial activities.
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The increase in number of patients in hospitals and clinics is acting as a major driver for the healthcare decision support system market. As per the
The lack of technical knowledge in users operating the healthcare decision support system is preventing the market from growing. The design of healthcare decision support system has improved over the years. It has become much simpler as compared to previous manual versions. But still many healthcare professionals are not able to use it properly. The lack of technical knowledge still remains an issue for many.
The Use of Softwares for Healthcare Decision Support System Market is Dominating the Offering Segment
Most of the companies are trying to implement most innovative and latest developed softwares for healthcare decision support systems. After the passage of the Health Information Technology for
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Healthcare Decision Support System Market is Fragmented Due to the Presence of Many Start-ups and Medium Scale Companies
Market participants include 3M
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