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Computerized Physician Order Entry (COPE) Market: Drivers and Restraints
Global Computerized Physician Order Entry (COPE) market is driven by the conscious initiatives of the various governments across the globe for the patient safety. In U.S. 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 and moreover those who have failed to achieve that standard by 2015 may incur financial penalties. Computerized Physician Order Entry (COPE) market is driven by several advantages the system bring in to the healthcare setups that include reducing problems with handwriting, drug names misinterpretation, drug interactions, and specification errors. Computerised physician order system helps in quick transmission to the laboratory, pharmacy, or radiology department this helps in recommending alternative tests or treatments that may be safer or lower cost.
Computerised physician order entry market hindered by the time and money it takes to install a CPOE system. The market restrained by slow adoption due to healthcare setups resistance, largely because of the disturbance to existing healthcare settings and the cost of application, which includes CPOE training. The implementation of CPOE has proven to be a complex process that led to abandonment of the system
Computerized Physician Order Entry (COPE) Market: Overview
Computerized physician order entry market is witnessing significant changes due to fast growing inpatient and outpatient settings in across the globe. The majority of hospitals and outpatient practices now use some form of CPOE in U.S. Computerized physician order entry market is gradually progressing, and is chiefly driven by government proactive measures to improve infrastructure and healthcare IT, for reducing healthcare expenditure. Players in the COPE market launching newer products, upgrading the older versions, collaborating with the new entrants to improve their market presence and revenues.
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Computerized Physician Order Entry (COPE) Market: Region-wise Outlook
Geographically, veterinary pain management drugs market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America will remain key markets for computerized physician order entry market due to government’s proactive measure for the implementation of COPE moreover, increasing awareness among healthcare fraternity and availability of advanced healthcare infrastructure helps to maintain larger market share in the globalcomputerized physician order entry market by the region. Asia Pacific is anticipated to present growth opportunity owing to large untapped market and growing government’s interventions for improving healthcare infrastructure in the region. Europe market expected to grow at moderately owing to recent statutory requirements by the European Commission’s eHealth Action Plan.
Computerized Physician Order Entry (COPE) Market: Key Players
Some of the players in the Global Veterinary Pain Management Drugs market are Medical Information Technology, Inc., Siemens Healthcare, Carestream Health, Allscripts, Athenahealth, Inc., Philips Healthcare and Cerner Corporation, eClinicalWorks LLC, GE healthcare to name a few.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil and Rest of Latin America)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
- Eastern Europe (Poland, Russia and Rest of Eastern Europe)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, and Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global computerized physician order entry market has been segmented on the basis of Component, Deployment Mode, Type, End User and Region.
Based on the componenttype, the global computerized physician order entry market is segmented into the following:
- Software
- Hardware
- Services
Based on the deployment mode, the global computerized physician order entry market is segmented into the following:
- Web-based
- On Premise
- Cloud-based
Based on the type, the global computerized physician order entry market is segmented into the following:
- Integrated CPOE
- Standalone CPOE
Based on the end user, the global computerized physician order entry market is segmented into the following:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Pharmacies
- Laboratories
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint