Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020
Persistence Market Research
Global Computerized Physician Order Entry Systems Market will reach $1,481.7 million in 2020: Persistence Market Research
Persistence Market Research
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020 Persistence Market Research Released New Market Report “Global Market Study on Computerized Physician Order Entry Systems - Software to Witness Highest Growth by 2020” the global computerized physician order entry systems market is valued at USD 999.4 million in 2014 and is expected to grow at a CAGR of 6.8% from 2014 to 2020, to reach an estimated value of USD 1,481.7 million in 2020.
A computerized physician order entry (CPOE) system is a healthcare information system which captures, stores, manages and transmits medical practitioner’s instructions electronically, for the treatment of patients. Globally, computerized physician order entry systems market is witnessing significant growth due to need for integrated healthcare systems in healthcare industry. Incidence of medication errors are increasing in different regions in the world. It has resulted in an increase in uses of CPOE systems alerts such as drug dosage support and clinical decision support. Increasing demand for better healthcare facilities from rapidly growing aging population and rising prevalence of diseases such as cancer, diabetes and heart diseases. Government initiatives and rise in investments from healthcare IT players has increased the adoption of computerized physician order entry systems. However, lack of experienced professionals, interoperability issues, cost and time consuming installation process and lack of commitment and interest from physicians are inhibiting the growth of computerized physician order entry systems market. The global computerized physician order entry systems market is estimated at USD 999.4 million in 2014. It is likely to grow at a CAGR of 6.8% from 2014 to 2020 to reach USD 1,481.7 million in 2020.
North America has the largest market for computerized physician order entry systems. This is due to government pressure for implementation of CPOE in healthcare facilities for reducing drug errors and high incidence of chronic diseases in this region. In Europe, healthcare spending in IT is increasing which expected to witness moderate growth in the region. In December 2012, the European Commission passed “2012-2020 eHealth Action Plan” which focused on the use of modern devices and technologies to promote personalized medicines in Europe. However, Asia has become one of the fastest-growing markets for computerized physician order entry systems market. Increase in aging population and increase in incident rates of various chronic diseases such as diabetes, heart disease, stroke, obesity, cancer and arthritis in various countries including Japan, China and India are expected to provide abundant opportunities to computerized physician order entry systems market.
McKesson Corporation is one of the leading players in the computerized physician order entry systems market. Some of the other major players of computerized physician order entry systems market include Allscripts, GE Healthcare, Cerner Corporation, Siemens Healthcare, Epic Systems Corporation,
Persistence Market Research
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020 Athenahealth, Inc., Carestream Health, Inc, NextGen Healthcare Information Systems, LLC and MEDITECH.
Browse the full Global Market Study on Computerized Physician Order Entry Systems - Software to Witness
Highest
Growth
by
2020
report
at
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research/cpoe-market.asp
The global computerized physician order entry systems market is segmented as follows: Computerized Physician Order Entry Systems Market, By Delivery mode 1) Web Based CPOE 2) On-Premise CPOE 3) Cloud Based CPOE Computerized Physician Order Entry Systems Market, By Components 1) Software 2) Hardware 3) Services Computerized Physician Order Entry Systems Market, By End User 1) Hospital CPOE 2) Pharmacy CPOE 3) Laboratory CPOE Computerized Physician Order Entry Systems Market, By Geography 1) North America a)
U.S.
2) Europe a) U.K. b) Germany c) France
Persistence Market Research
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020 3) Asia a) Japan b) China 4) Rest of the World (RoW)
Browse the full “Global Market Study on Computerized Physician Order Entry Systems - Software to Witness Highest Growth by 2020” report at http://www.persistencemarketresearch.com/mediarelease/cpoe-systems-market.asp
Market History: A computerized physician order entry (CPOE) system is a healthcare information system which captures, stores, manages and transmits medical practitioner’s instructions electronically, for the treatment of patients. Globally, computerized physician order entry systems market is witnessing significant growth due to need for integrated healthcare systems in healthcare industry. Incidence of medication errors are increasing in different regions in the world. It has resulted in an increase in uses of CPOE systems alerts such as drug dosage support and clinical decision support. Increasing demand for better healthcare facilities from rapidly growing aging population and rising prevalence of diseases such as cancer, diabetes and heart diseases. Government initiatives and rise in investments from healthcare IT players has increased the adoption of computerized physician order entry systems. However, lack of experienced professionals, interoperability issues, cost and time consuming installation process and lack of commitment and interest from physicians are inhibiting the growth of computerized physician order entry systems market. The global computerized physician order entry systems market is estimated at USD 999.4 million in 2014. It is likely to grow at a CAGR of 6.8% from 2014 to 2020 to reach USD 1,481.7 million in 2020.
North America is the largest market for the global computerized physician order entry systems market. Web-based CPOE is the largest mode of delivery and the hospital CPOE is the largest end user of computerized physician order entry systems. In terms of growth, Asia is the fastest growing region, cloud
Persistence Market Research
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020 based CPOE is the fastest growing mode of delivery and laboratory CPOE is the fastest growing end users of computerized physician order entry systems. North America is estimated at USD 589.7 million in 2014 and is expected to reach USD 870.3 million in 2020, growing at a CAGR of 6.7% from 2014 to 2020. The global component based segment in computerized physician order entry systems market is estimated at USD 999.4 million in 2014 and is expected to reach USD 1,481.7 million in 2020, growing at a CAGR of 6.8% from 2014 to 2020.
Table of Content Chapter 1 Preface 1.1 Report description 1.2 Research methodology 1.3 Assumptions Chapter 2 Market synopsis Chapter 3 Porter’s five forces analysis 3.1 Bargaining power of suppliers 3.2 Bargaining power of buyers 3.3 Threat of new entrants 3.4 Threat of substitutes 3.5 Intensity of rivalry Chapter 4 Industry overview
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020
4.1 Market Introduction 4.2 Market Drivers 4.2.1 Rising need for integrated healthcare systems 4.2.2 High incidence of medication errors 4.2.3 Increasing demand for better healthcare facilities 4.2.4 Increasing government initiatives 4.2.5 Rising investments from healthcare IT players 4.3 Impact Analysis of Market Drivers 4.4 Market Restraints 4.4.1 Lack of experienced professionals 4.4.2 Interoperability issues 4.4.3 Lack of commitment and interest shown by physicians 4.4.4 High cost and time-consuming installation process 4.5 Impact Analysis of Market Restraints 4.6 Opportunities 4.6.1 Emerging markets hold major potential 4.6.2 Rise in powerful IT systems in diagnostic and medical laboratories 4.7 Trends
Persistence Market Research
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020
4.7.1 Increasing patient-centric approach 4.7.2 Growing popularity of wireless and cloud technologies 4.7.3 Rising number of collaborations and partnerships 4.7.4 Increasing number of mergers and acquisitions 4.7.5 Rising number of product innovations Chapter 5 Global market size and forecast Chapter 6 Market size and forecast by delivery mode 6.1 Web-Based 6.2 On-premise 6.3 Cloud-Based Chapter 7 Market size and forecast by components 7.1 Software 7.2 Hardware 7.3 Services Chapter 8 Market size and forecast by region 8.1 North America 8.2 Europe 8.3 Asia
Persistence Market Research
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020
Chapter 9 Competitive scenario 9.1 Competitive benchmarking Chapter 10 Company Profiles 10.1 McKesson Corporation 10.1.1 Company Overview 10.1.2 Products & Services 10.1.3 Financial Performance 10.1.4 Recent Developments 10.2 Allscripts 10.2.1 Company Overview 10.2.2 Product & Services 10.2.3 Financial Performance 10.2.4 Recent Developments 10.3 GE Healthcare 10.3.1 Company Overview 10.3.2 Products & Services 10.3.3 Financial Performance 10.3.4 Recent Developments
Persistence Market Research
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020
10.4 CERNER CORPORATION 10.4.1 Company Overview 10.4.2 Products & Services 10.4.3 Financial Performance 10.4.4 Recent Developments 10.5 Siemens Healthcare 10.5.1 Company Overview 10.5.2 Products & Services 10.5.3 Financial Performance 10.5.4 Recent Developments 10.6 Epic Systems Corporation 10.6.1 Company Overview 10.6.2 Products & Services 10.6.3 Financial Performance 10.6.4 Recent Developments 10.7 Athenahealth, Inc. 10.7.1 Company Overview 10.7.2 Products & Services
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020
10.7.3 Financial Performance 10.7.4 Recent Developments 10.8 Carestream Health 10.8.1 Company Overview 10.8.2 Products & Services 10.8.3 Financial Performance 10.8.4 Recent Developments 10.9 NextGen Healthcare Information Systems, LLC 10.9.1 Company Overview 10.9.2 Products & Services 10.9.3 Financial Performance 10.9.4 Recent Developments 10.10 MEDITECH 10.10.1 Company Overview 10.10.2 Products & Services 10.10.3 Financial Performance 10.10.4 Recent Developments About Us:
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Computerized Physician Order Entry Systems (CPOE)
Market - Global
Study on CPOE: Software Witness Highest Growth by 2020 Persistence Market Research is a global market research firm specializing- syndicated research, custom research, and consulting services
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