Computerized Physician Order Entry (CPOE) Systems Market to reach an estimated value of USD 1,481.7 million in 2027

The CPOE Market is expected to grow at a stupendous rate in the next 10 years. The healthcare industry is being driven by innovation. The very idea of "Customer is the King" is being implemented. As such, healthcare IT solutions come across as a meticulous and complex system that constitutes interconnected and large-scale systems wherein micros are being worked upon. These would be the facets of the healthcare vertical going forward.

According to a new market report published by Persistence Market Research "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.

Want Insights To CPOE Market? Ask For Sample! https://www.persistencemarketresearch.com/samples/2813

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.

Some of the major companies operating in the computerized physician order entry systems market:

McKesson Corporation.
Allscripts.
GE Healthcare.
Cerner Corporation.
Siemens Healthcare.
Epic Systems Corporation.
Athenahealth, Inc.
Carestream Health, Inc.
NextGen Healthcare Information Systems.
LLC and MEDITECH.

Starting with the new decade on a diligent note in the CPOE Market? Click on the "Methodology" tab! https://www.persistencemarketresearch.com/methodology/2813

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.

How About Knowing The Product/Technology Driving The CPOE Market Before Investing Therein? Click The "Purchase Now" Button Of Our CPOE Market Report! https://www.persistencemarketresearch.com/checkout/2813

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.

Complete Report Details@ https://www.persistencemarketresearch.com/market-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

Web Based CPOE
On-Premise CPOE
Cloud Based CPOE

Computerized Physician Order Entry Systems Market, By Components

Software
Hardware
Services

Computerized Physician Order Entry Systems Market, By End User

Hospital CPOE
Pharmacy CPOE
Laboratory CPOE

Related Reports:

Telemedicine Market - https://www.persistencemarketresearch.com/market-research/telemedicine-market.asp

Healthcare Information Systems Market - https://www.persistencemarketresearch.com/market-research/healthcare-information-systems-market.asp

Contact Us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com

About Us:

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.