Clinical decision support systems market to hit $5.75b by 2029

One key driver is the rising use of information systems in hospitals.

The global clinical decision support systems market is expected to reach $5.75b by 2029 from 2024 at a compound annual growth rate of 12.86%, according to a Research and Markets report.

The sector’s expansion is attributed to the growing demand for personalised medicine, increased use of information systems in hospitals, the adoption of electronic health records, and the rise of telemedicine.

“The top opportunities in the clinical decision support systems market segmented by end-user will arise in the hospitals segment, which will gain $938m of global annual sales by 2029,” the report said.

Moreover, the rising demand for cloud computing, shortage of skilled healthcare professionals, rising incidence of medical errors, and favourable government initiatives are expected to drive market growth.