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 Security Software Market in the Retail Industry, 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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