The healthcare information obtained is filtered or targeted to a specific person or situation. CDSS is designed with an intention to improve care quality, avoid adverse events, and aids the care team members to be more efficient.
Outsourcing ancillary processes can improve the financial results by reducing administrative costs and increasing revenues, efficiency and service quality.
Riding on the back of economic burden of global healthcare and with abundant potential to restrict the liability, companion diagnostic market size is estimated to be $2,950 million as of 2018.
Market for Health Information Systems is expected to grow at a CAGR of 7.5%. This growth will be achieved due to Healthcare reforms, private investment in the Healthcare market. The North America region will lead the market geographically, accounting to better healthcare facilities and growing aging population. The fastest growth will be seen in the Asia Pacific region.
The global demand for bioinformatics will further grow with a remarkable CAGR of 12% to 14% during the forecast period of 2019 to 2025.
The growth will be driven by advancement in bioinformatics and various drug discoveries due to the increase in number of diseases.
Big data analytics in the healthcare industry, in the near future, is anticipated to turn out to be the third largest industry in terms of market share.
The person affected by human influenza virus suffers from general illness such as cold, fever, sore throat, muscle pains, severe headache, coughing, weakness, and general discomfort.
Care management solutions then provides customised healthcare plans to the patients to and helps in bringing various coordinators on the same page in order to seamlessly and effectively execute the related tasks and helps in increasing coordination amongst various departments.
By Service, Health Risk Assessments (HRA) usage is very high as its revenue is $9.03 billion followed by Stress Management with $8.86 billion in 2017 which are driving the market.