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(Medical-NewsWire.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.
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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.
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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.
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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.).
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Source: EmailWire.Com 
Source: EmailWire.com
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