Medical Decision Support Systems Market to grow by USD 765.77 Mn by 2026, Market segmentation by Product Type and Geography – Technavio

Technavio has announced its latest market research report titled Global Medical Decision Support Systems Market 2022-2026

NEW YORK, Oct. 31, 2022 /PRNewswire/ — The Medical Decision Support Systems Market report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the medical decision support systems market between 2021 and 2026 is USD 765.77 million. Request Free Sample Report.

Medical Decision Support Systems Market 2026: Vendor Landscape

The key and potential vendors in the global medical decision support systems (MDSS) market are Allscripts Healthcare Solutions, Inc., Athena Healthcare Incorporated, Cerner Corporation, Cisco System Inc., Koninklijke Philips N.V., and Siemens Healthineers AG.

The market’s competition is moderate due to significant growth opportunities, the presence of large vendors, the entry of new vendors, technological innovations, and partnerships. Established industry participants are expected to acquire or enter into partnerships with smaller vendors to expand their product portfolios, besides entering emerging markets and increasing their market shares. Vendors must differentiate their service offerings through a clear and unique value proposition to survive and succeed in a competitive market environment.

Companies Mentioned with Key Offerings
    • Allscripts Healthcare Solutions Inc.: The company offers a medical decision support system with machine learning and artificial intelligence.
    • Cerner Corp.: The company offers medical decision support systems to help patients to recover faster and more efficiently.
    • Change Healthcare Inc.: The company offers a medical decision support system namely CareSelect.
    • Epic Systems Corp.: The company offers predictive analytics and an embedded decision support system.
    • Hearst Communications Inc.: The company offers a medical decision support system through its subsidiary Zynx Health Inc.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Medical Decision Support Systems Market 2026: Segmentation Analysis

The report widely covers medical decision support systems market segmentation by the following:

  • Product Type 
    • The knowledge-based segment’s market share rise in medical decision support systems would be significant. A knowledge base, an inference engine, and a communication system make up this system. The knowledge base rules are combined with the patient data by the inference engine. The system can display the findings to the user due to the presence of a communication method. Due to the rising incidence of chronic diseases, the need for frequent diagnostic tests has increased. These factors will account for the rise of knowledge-based MDSS usage during the projection period.
    • Knowledge-based 
    • Non-knowledge-based
  • Geography 
    • North America will contribute 43% of market growth. The main markets in North America for medical decision support systems are the US and Canada. The market in this region will expand more quickly than the markets in ROW and Europe. Medical decision support systems market expansion in North America will be boosted by the presence of integrated healthcare infrastructure (hospitals, clinics, and pharmacies), large suppliers active in the market, and a high degree of adoption of contemporary medical technology (particularly in the US).
    • North America 
    • Europe
    • Asia
    • Rest of World (ROW)

To know additional highlights and key points on various market segments and their impact in coming years, Download Free Sample Report.

Medical Decision Support Systems Market 2026: Key Highlights
  • CAGR of the market during the forecast period
  • Detailed information on factors that will assist medical decision support systems market growth during the next five years
  • Estimation of the medical decision support systems market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the medical decision support systems market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of medical decision support systems market vendors

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Medical Decision Support Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.18%

Market growth 2022-2026

$765.77 million

Market structure

Fragmented

YoY growth (%)

8.48

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 43%

Key consumer countries

US, Canada, Germany, UK, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Agfa Gevaert NV, Allscripts Healthcare Solutions Inc., Cedar Gate Technologies, Cerner Corp., Change Healthcare Inc., Cohesic Inc., Epic Systems Corp., Fortive Corp., Hearst Communications Inc., Hera MI SAS, International Business Machines Corp., Koninklijke Philips NV, McKesson Corp., Medical Information Technology Inc., Nuance Communications Inc., OSP Labs, Premier Inc., RELX Plc, Siemens AG, and Wolters Kluwer NV

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Product Type

  • 5.1 Market segments 
    • Exhibit 24: Chart on Product Type – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product Type – Market share 2021-2026 (%)
  • 5.2 Comparison by Product Type 
    • Exhibit 26: Chart on Comparison by Product Type
    • Exhibit 27: Data Table on Comparison by Product Type
  • 5.3 Knowledge-based – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Knowledge-based – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Knowledge-based – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Knowledge-based – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Knowledge-based – Year-over-year growth 2021-2026 (%)
  • 5.4 Non-knowledge-based – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Non-knowledge-based – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Non-knowledge-based – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Non-knowledge-based – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Non-knowledge-based – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product Type 
    • Exhibit 36: Market opportunity by Product Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 Asia – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Asia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Asia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Asia – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Asia – Year-over-year growth 2021-2026 (%)
  • 7.6 Rest of World (ROW) – Market size and forecast 2021-2026
    • Exhibit 54: Chart on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)
  • 7.7 US – Market size and forecast 2021-2026
    • Exhibit 58: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.8 Germany – Market size and forecast 2021-2026
    • Exhibit 62: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.9 UK – Market size and forecast 2021-2026
    • Exhibit 66: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.10 Canada – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Canada – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Canada – Year-over-year growth 2021-2026 (%)
  • 7.11 China – Market size and forecast 2021-2026
    • Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.12 Market opportunity by geography 
    • Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 79: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 81: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 82: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 83: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 84: Matrix on vendor position and classification
  • 10.3 Allscripts Healthcare Solutions Inc. 
    • Exhibit 85: Allscripts Healthcare Solutions Inc. – Overview
    • Exhibit 86: Allscripts Healthcare Solutions Inc. – Business segments
    • Exhibit 87: Allscripts Healthcare Solutions Inc. – Key offerings
    • Exhibit 88: Allscripts Healthcare Solutions Inc. – Segment focus
  • 10.4 Cerner Corp. 
    • Exhibit 89: Cerner Corp. – Overview
    • Exhibit 90: Cerner Corp. – Business segments
    • Exhibit 91: Cerner Corp. – Key offerings
    • Exhibit 92: Cerner Corp. – Segment focus
  • 10.5 Change Healthcare Inc. 
    • Exhibit 93: Change Healthcare Inc. – Overview
    • Exhibit 94: Change Healthcare Inc. – Business segments
    • Exhibit 95: Change Healthcare Inc. – Key news
    • Exhibit 96: Change Healthcare Inc. – Key offerings
    • Exhibit 97: Change Healthcare Inc. – Segment focus
  • 10.6 Epic Systems Corp. 
    • Exhibit 98: Epic Systems Corp. – Overview
    • Exhibit 99: Epic Systems Corp. – Product / Service
    • Exhibit 100: Epic Systems Corp. – Key offerings
  • 10.7 Hearst Communications Inc. 
    • Exhibit 101: Hearst Communications Inc. – Overview
    • Exhibit 102: Hearst Communications Inc. – Business segments
    • Exhibit 103: Hearst Communications Inc. – Key news
    • Exhibit 104: Hearst Communications Inc. – Key offerings
    • Exhibit 105: Hearst Communications Inc. – Segment focus
  • 10.8 International Business Machines Corp. 
    • Exhibit 106: International Business Machines Corp. – Overview
    • Exhibit 107: International Business Machines Corp. – Business segments
    • Exhibit 108: International Business Machines Corp. – Key offerings
    • Exhibit 109: International Business Machines Corp. – Segment focus
  • 10.9 Koninklijke Philips NV 
    • Exhibit 110: Koninklijke Philips NV – Overview
    • Exhibit 111: Koninklijke Philips NV – Business segments
    • Exhibit 112: Koninklijke Philips NV – Key news
    • Exhibit 113: Koninklijke Philips NV – Key offerings
    • Exhibit 114: Koninklijke Philips NV – Segment focus
  • 10.10 McKesson Corp. 
    • Exhibit 115: McKesson Corp. – Overview
    • Exhibit 116: McKesson Corp. – Business segments
    • Exhibit 117: McKesson Corp. – Key offerings
    • Exhibit 118: McKesson Corp. – Segment focus
  • 10.11 Siemens AG 
    • Exhibit 119: Siemens AG – Overview
    • Exhibit 120: Siemens AG – Business segments
    • Exhibit 121: Siemens AG – Key news
    • Exhibit 122: Siemens AG – Key offerings
    • Exhibit 123: Siemens AG – Segment focus
  • 10.12 Wolters Kluwer NV 
    • Exhibit 124: Wolters Kluwer NV – Overview
    • Exhibit 125: Wolters Kluwer NV – Business segments
    • Exhibit 126: Wolters Kluwer NV – Key offerings
    • Exhibit 127: Wolters Kluwer NV – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 128: Inclusions checklist
    • Exhibit 129: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 130: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 131: Research methodology
    • Exhibit 132: Validation techniques employed for market sizing
    • Exhibit 133: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 134: List of abbreviations
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