DUBLIN--(BUSINESS WIRE)-- The "Global Computerized Physician Order Entry (CPOE) Systems Market Growth - Segmented by Deployment Mode, Component, System Type, End User, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global Computerized Physician Order Entry (CPOE) Systems market is expected to register a CAGR of nearly 6.1% during 2018-2023.

The adoption of healthcare IT is increasing each year. The implementation and use of electronic health records (EHRs) and other health information technology (HIT) has been shown to facilitate primary care practice transformation and this is helping in the adoption of IT systems and softwares in the clinics and hospitals.

The Health Information Technology for Economic and Clinical Health (HITECH) Act of 2009 authorized approximately USD 30 billion to support the adoption and to increase the use of HIT throughout the US health care delivery system. CPOE implementation is one of CMS's criteria (Centers for Medicare and Medicaid Services) for electronic medical record (EMR).

According to the provisions of the Healthcare Information Technology for Economic and Clinical Health (HITECH) Act, healthcare organizations that achieved meaningful use compliance by 2011 were eligible to receive incentive payments; those who have failed to achieve that standard by 2015 may incur financial penalties.

Meaningful use stage 1 criteria which specifies that 30% of patients must have their medication orders entered via CPOE. Meaningful use stage 2 expanded those criteria to mandate that the same percentage of radiology procedures be entered by CPOE. Even the many research studies of individual medical practitioner have demonstrated that primary care physicians, and particularly family physicians, are more likely than their colleagues to adopt and use HIT.

All these factors are helping in increasing Healthcare IT adoption rate and also helping the CPOE market growth in the forecasted period. Other factors which are driving the Computerized Physician Order Entry (CPOE) Systems market growth are increasing government initiatives along with increasing quality of healthcare and patient centered services.

Major Market Developments

• Allscripts launches industry's first machine learning EHR.

Companies Profiled

• Allscripts Healthcare Solutions Inc.
• AthenaHealth Inc.
• Carestream Health
• Cerner Corporation
• EPIC Systems Corporation
• eClinicalWorks LLC
• McKesson Corporation
• Medical Information Technology Inc.
• Philips Healthcare

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Computerized Physician Order Entry (CPOE) Systems Market Overview

6. Drivers, Restraints, Opportunities and Challenges Analysis (DROC)

7. Computerized Physician Order Entry (CPOE) Systems Market Segmentation

8. Key Players & Competitive Landscape

9. Future of the Computerized Physician Order Entry (CPOE) Systems Market

For more information about this report visit https://www.researchandmarkets.com/research/trwz9h/computerized?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20181025005363/en/

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