Computerized physician order entry (CPOE) is the process of a medical professional entering prescription orders or other physician instructions electronically rather than on paper charts. One of the main advantages of CPOE is that it can help minimize prescription order errors caused by poor handwriting or transcription. Users can determine prescription orders, as well as laboratory, admission, radiology, referral, and procedure orders, electronically using these systems. Government policies to develop the IT infrastructure and information technology that aids in the reduction of healthcare costs are driving the Global CPOE Market.
The "Global Computerized Physician/Provider Order Entry Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the computerized physician/provider order entry market with detailed market segmentation by component, type, delivery mode, end user, and geography. The report provides key statistics on the market status of the leading computerized physician/provider order entry market players and offers key trends and opportunities in the market.
- Based on component, the global computerized physician/provider order entry market is segmented into hardware, software, and services.
- On the basis of type, the market is segmented into standalone and integrated.
- Based on delivery mode, the market is bifurcated into web-based and cloud-based and on-premises.
- Based on end user, the market is bifurcated into hospitals and clinics, emergency healthcare service provider, and others.
- Rising population and prevalence of chronic diseases.
- Rising occurrence of medication errors at the ordering,.
- Various technological developments in the healthcare industry.
- Government initiatives to improve the IT infrastructure that helps in the reduction of healthcare costs
- High Cost of Installation.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The computerized physician/provider order entry market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the computerized physician/provider order entry market in these regions.
IMPACT OF COVID-19 ON COMPUTERIZED PHYSICIAN/PROVIDER ORDER ENTRY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Computerized physician/provider order entry market is positively impacted due to COVID-19.
The report covers key developments in the computerized physician/provider order entry market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from computerized physician/provider order entry market are anticipated to lucrative growth opportunities in the future with the rising demand for computerized physician/provider order entry in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the computerized physician/provider order entry market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Athenahealth, Inc.
- Siemens Healthcare
- Philips Healthcare
- Medical Information Technology, Inc.
- Cerner Corporation
- eClinicalWorks LLC
- Epic systems
- GE healthcare
- Mckesson Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.