The global computerized physician order entry market is growing at a significant rate due to the mounting need for integrated healthcare. Different types of CPOE contributed to the computerized physician order entry market size. The market has witnessed a high demand for integrated CPOE in the coming years due to its connectivity through several functionalities such as pharmacy, procurement, and nursing.
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On the basis of type, the market is subdivided into standalone CPOE and integrated CPOE. On the basis of deployment, the market is subdivided into web-based, cloud-based and on-premise. On the basis of the component, the market is subdivided into hardware, software, and services.
Mounting patient centric approach and escalating popularity of wireless and cloud technologies are the trends in the computerized physician order entry market. Government initiatives to improve information technology infrastructure, the mounting need for integrated healthcare and high incidence of medication errors are the primary growth drivers for computerized physician order entry market.
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North America is the largest computerized physician order entry market as in the region the government initiatives for installation of CPOE systems is increasing. Asia-Pacific is observed to witness the fastest growth in the market, due to mounting demand for better healthcare.
Key players in the computerized physician order entry market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe.
Allscripts Healthcare Solutions, Inc., EPIC Systems, Mckesson Corporation, Athenahealth, Inc., General Electric Company, Siemens AG, Carestream Health, Medical Information Technology, Inc., Cerner Corporation, Royal Philips and eClinicalWorks are the key players offering computerized physician order entry solutions.
Source: VynZ Research