Abstract
A Computerized Physician Order Entry (CPOE) system is primarily used by
hospitals and physicians to reduce medication errors and increase patient
safety. Apart from patient safety, the CPOE system also provides benefits such
as easy integration between medical records decision support systems. It also
reduces adverse drug events so as to offer significant economic savings.
Further, it decreases delay in order completion and allows order entry at
point-of-care. The financial benefits realized by CPOE implementation and
reduction in adverse medical events are the primary forces, driving the CPOE
systems market.
CPOE implementation has a large market potential for the healthcare
information technology vendors due to various initiatives taken by hospitals
and governments. Most governments across the globe have taken initiatives to
implement national health programs. These programs include maintaining medical
records, providing better medical facilities to their citizens, etc. Countries
like the UK have recently launched one of the largest national healthcare
initiatives. CPOE plays a critical role in such kind of healthcare initiatives.
The report by TechNavio Insights forecasts the size of the Global Computerized
Physician Order Entry Systems Market over the period 2008-2012. It segments
the market into various geographic regions. Further, it discusses the key
market trends, drivers and challenges of the Global Computerized Physician
Order Entry Systems Market, and profiles some of the key vendors of this
Industry.
TechNavio Insights is a set of reports, based on TechNavio - a market
intelligence platform for the IT industry. It builds on the intelligence
available within TechNavio, and leverages on the custom research experience of
the ' Technology Navigators' . TechNavio is built on years of experience of
Infiniti Research in deep dive custom research and consulting for over 30
Fortune 500 companies and numerous large and mid-sized companies.
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