(PharmaNewsWire.Com, March 21, 2018 ) Global Computerized Physician Order Entry Market was worth USD 1.13 billion in 2016 and estimated to be growing at a CAGR of 6.6%, to reach USD 1.55 billion by 2021. Computerized Physician Order Entry is a data entering service which helps the providers to enter medical records in the computer systems. It is an efficient replacement to the existing traditional methods of maintaining written or verbal records.
The major factors that are driving the growth of this market are various initiatives taken by the government to improve the IT infrastructure and information technology that helps in the reduction of healthcare costs. The limited investments in healthcare IT and interoperability issues might restrict the growth of this market to a certain extent.
The market for Computerized Physician Order Entry is broadly categorized into component, type, deployment and end user. By component the market is classified into hardware, software and service. The services segment holds the largest market value. By type the market is classified into integrated and standalone. By deployment the market is divided into web based, on premise and cloud based. Web based holds a majority of the market share. By end user the market is segmented into hospitals, office based physicians, emergency healthcare service providers and nurses.
Hospitals account for the largest share. On the basis of geography, the market is analyzed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Computerized Physician Order Entry market was dominated by North America followed by Europe. Asia Pacific is expected to register a high CAGR.
This report profiles the major companies operational in the computerized physician order entry market, which are Medical Information Technology, Inc. (U.S.), Cerner Corporation (U.S.), eClinicalWorks LLC (U.S.), Epic systems (U.S.), GE healthcare (U.K.), Allscripts (U.S.), Athenahealth, Inc. (U.S.), Siemens Healthcare (Germany), Philips Healthcare (Netherlands), Mckesson Corporation (U.S.), and Carestream Health (U.S.).
The evaluation of the current market for your product or services and the future implications of the market Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porters Five Forces The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence Equip you with the information providing with the investment opportunities in the industry
About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
