#Computerized Physician Order Entry (CPOE) Systems Market Share

[techninja]

Harnessing the Power of AI: Machine Learning Integration in Computerized Physician Order Entry Systems

Introduction

In the ever-evolving landscape of healthcare, technology continues to play a pivotal role in enhancing patient care, reducing medical errors, and streamlining clinical workflows. One of the essential tools in this journey is the Computerized Physician Order Entry (CPOE) system. This comprehensive system facilitates the electronic entry of medical prescriptions, diagnostic tests, and treatment plans, improving overall patient care and healthcare management. The CPOE market is experiencing robust growth as healthcare providers increasingly recognize the benefits of these systems.

Market Growth Drivers

1. Patient Safety and Medical Error Reduction: One of the primary drivers of the CPOE system market is the significant enhancement it offers in patient safety. By automating the prescription process and cross-referencing it with patient records and drug databases, CPOE systems significantly reduce the likelihood of medication errors, allergic reactions, and adverse drug interactions.

2. Streamlined Workflows: Efficiency and productivity are critical in healthcare. CPOE systems streamline the workflow for healthcare providers, reducing time spent on manual paperwork, ensuring faster access to critical patient information, and enabling quick decision-making. This is especially crucial in high-stress clinical settings.

3. Integration with EHR Systems: Electronic Health Record (EHR) systems have become a standard in healthcare. CPOE systems, when integrated with EHRs, provide a seamless information exchange, improving the quality of care by enabling the easy sharing of patient data among different healthcare providers.

4. Regulatory Compliance: The healthcare industry is subject to stringent regulatory requirements, such as the Health Information Technology for Economic and Clinical Health (HITECH) Act and the Meaningful Use program. CPOE systems aid healthcare providers in achieving and maintaining compliance, driving their adoption.

5. Growing Aging Population: As the global population ages, the demand for healthcare services increases. CPOE systems help healthcare institutions manage this increasing patient load efficiently, thereby driving the market's growth.

Market Challenges

While the CPOE market is thriving, it faces certain challenges:

1. Initial Costs: Implementing a CPOE system can be expensive, involving not just the software but also hardware and staff training. Smaller healthcare providers may face financial constraints in adopting these systems.

2. Resistance to Change: Healthcare professionals, especially older physicians, may resist transitioning from traditional paper-based processes to electronic systems. Overcoming this resistance and ensuring effective training is a significant challenge.

3. Interoperability Issues: Ensuring that CPOE systems seamlessly integrate with other healthcare IT systems, including EHRs and laboratory systems, can be complex. The lack of interoperability can hinder the full realization of CPOE system benefits.

Market Trends

1. Cloud-Based Solutions: The CPOE market is seeing a trend toward cloud-based solutions, making implementation more cost-effective and scalable. Cloud-based CPOE systems also facilitate remote access, which has become essential in a post-pandemic world.

2. Artificial Intelligence and Machine Learning Integration: AI and ML are being integrated into CPOE systems to provide intelligent decision support, improving clinical outcomes. These technologies assist in predicting potential adverse events and suggesting personalized treatment plans.

3. Mobile Accessibility: CPOE systems are increasingly being made accessible through mobile devices, allowing healthcare providers to manage patient orders and access information from anywhere, further enhancing efficiency and convenience.

Conclusion

The Computerized Physician Order Entry system market is poised for sustained growth due to its ability to enhance patient safety, streamline workflows, and promote regulatory compliance. Despite initial challenges, healthcare providers are recognizing the long-term benefits of these systems, leading to a steady increase in adoption. As the industry evolves, we can expect to see cloud-based solutions, AI integration, and improved mobile accessibility playing a more significant role in shaping the future of CPOE systems, ultimately improving patient care and healthcare management.

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Computerized Physician Order Entry (CPOE) Systems Market Size Share Trends Forecast 2026

High Implementation Costs Restraining Computerized Physician Order Entry Systems Market Growth in Emerging Economies

The Computerized Physician Order Entry (CPOE) Systems Market can be analyzed in five major regions: North America, Europe, Asia Pacific, Latin America, and Rest of the World. Prime factors driving growth in North America and Europe include growing demand for paperless environment to minimize human error, decreasing delay in order completion, and the need for reducing treatment costs. Furthermore, increasing government pressure to automate healthcare facilities is also fueling growth of the computerized physician order entry systems market. However, demand for CPOE systems in Asia Pacific and Latin America is increasing with increasing pressure on reducing costs and medication errors. Also, better storage and management of patient’s information record and increasing need to minimize records retention costs is also projected to propel growth of the computerized physician order entry systems market in the near future. On the other hand, lack of professionally trained workforce and major capital investment involved in installation of the system is hindering demand for computerized physician order entry systems in the emerging economies.

A computerized physician order entry (CPOE) system, also called Computerized Provider Order Entry, is a healthcare information system that electronically captures and stores physician's instructions and helps improve efficiency of patient-care management. The CPOE system ensures proper collection and transfer of patient’s health data between laboratories, clinics, pharmacy, laboratory, radiology. and other healthcare agencies. Physicians and pharmacists can view patient status, enter orders, document their details, and share information in an easy-to-use patient record.

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Computerized physician order entry system has a number of advantages such as reduction in length of stay, non-repetition of tests, reduced turnaround time for laboratory tests, and enhanced cost savings. Moreover, CPOE is also highly beneficial as it integrates clinical decision support system (CDSS) and electronic health record (EHR) system, ensuring the utmost cost-effectiveness.

Popular systems in the computerized physician order entry systems market: PatientKeeper, Cerner CPOE system, Horizon Expert Orders, GE and Mindfire CPOE Software solutions

Digital Transformation of Medicine is Exemplified by CPOE System

Use of CPOE system significantly aids in reducing prescription and dispensing errors, reducing costs, improving patient care, and enhancing workflow automation. A study published in Applied Clinical Informatics in 2014 stated that increase in use of CPOE led to 63% drop in length of hospital stay. According to a study by the Agency for Healthcare research and Quality, by the end of 2015, around 84% of the federal acute care hospitals had implemented CPOE systems. In outpatient settings, around 50% of them had installed by the end of 2014. However, according to EHR Intelligence, CPOE systems failed to flag-off 39% of potentially harmful orders. A number of companies offer novel software and systems for the monitoring and controlling of health information.

Some of the major companies operating in the computerized physician order entry systems market are Cerner Corporation, McKesson Corporation, Athenahealth, Inc., GE Healthcare, Epic Systems Corporation, and Allscripts Healthcare Solutions, Inc.

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Key Developments

Key players in the market are involved in various business strategies such as partnership and collaboration. In April 2019, GE Healthcare entered into partnership with a technology service company Nasscom to encourage startups eco-system to work on digital healthcare solutions in India. This partnership will provide low-cost medical devices along with tech-enabled diagnostics.

Key players are involved in various business strategies such as collaboration and partnership to gain competitive edge in the market. In August 2019, Cerner Corporation, a global health platform and innovation company entered into partnership with LifeCenters to provide primary care, fitness programs, and pharmacy to geriatric population living in the U.S.

Major players in the market are involved in various strategies such as product development to gain competitive edge in the market. In August 2019, Cerner Corporation, a global health platform and innovation company announced the development of Cerner Learning Health Network, which will assist clinicians more easily and effectively to gain health insights and guide care.

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[vynzresearch-blog]

Global Computerized Physician Order Entry (CPOE) Market, In-depth Analysis, Growth and Forecast Report by 2024

The global computerized physician order entry market is growing at a significant rate due to the mounting need for integrated healthcare. Different types of CPOE contributed to the computerized physician order entry market size. The market has witnessed a high demand for integrated CPOE in the coming years due to its connectivity through several functionalities such as pharmacy, procurement, and nursing. Request to get a detailed TOC and free sample copy of this research report at https://www.vynzresearch.com/healthcare/molecular-cytogenetics-market/request-sample On the basis of type, the market is subdivided into standalone CPOE and integrated CPOE. On the basis of deployment, the market is subdivided into web-based, cloud-based and on-premise. On the basis of the component, the market is subdivided into hardware, software, and services. Mounting patient centric approach and escalating popularity of wireless and cloud technologies are the trends in the computerized physician order entry market. Government initiatives to improve information technology infrastructure, the mounting need for integrated healthcare and high incidence of medication errors are the primary growth drivers for computerized physician order entry market. Explore full research report at https://www.vynzresearch.com/healthcare/molecular-cytogenetics-market North America is the largest computerized physician order entry market as in the region the government initiatives for installation of CPOE systems is increasing. Asia-Pacific is observed to witness the fastest growth in the market, due to mounting demand for better healthcare. Key players in the computerized physician order entry market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. Allscripts Healthcare Solutions, Inc., EPIC Systems, Mckesson Corporation, Athenahealth, Inc., General Electric Company, Siemens AG, Carestream Health, Medical Information Technology, Inc., Cerner Corporation, Royal Philips and eClinicalWorks are the key players offering computerized physician order entry solutions. Source: VynZ Research

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Computerized Physician Order Entry (CPOE) Systems Market: Deep Analysis by Production Overview and Insights 2018-2026 A computerized physician order entry (CPOE) system, also called Computerized Provider Order Entry, is a healthcare information system that electronically captures and stores physician's instructions and helps improve efficiency of patient-care management.

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Global Medication Management Market Growth Report 2020-2025

The global medication management market size was valued at USD 3250.14 million in 2019 and is expected to reach USD 10033.70 million by the year 2025, at a CAGR of 20.98%.

What is Medication Management?

Medication management is a service which help individuals manage their medications so they take them on time, and avoid the dangers of incorrect medication administration. This service is often used in assisted living settings and senior living communities.

Medication management also involves management of psychotropic medications used to treat mental health conditions such as anxiety, depression and others

Global Medication Management Market Growth

Due to the rise in chronic diseases and rapid growth in standardization and population, there is a high demand for the medication management market. From the systems and services this market offer, the CPOE (computerized physician order entry) system has the largest market share.

The growing demand of IT solutions in the healthcare industry, and the adoption of IT services are increasing the growth of the medication management market. The quality of treatment services provided by the hospitals is also a major driving factor of the market.

Global Medication Management Market report 2020 provides the keys factors driving the market along with detailed analysis of the prominent players, dealers, and the sellers of the market. It also provides market opportunities and threats faced by the players in this market?

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 Key players mentioned in this report are:

Cerner Corporation

Becton

Dickinson and Company

ARxIUM

Omnicell Inc.

CareFusion Corporation

McKesson Corporation

General Electric Company

Siemens AG

Allscripts healthcare solutions     Inc.

Epic Systems Corporations, and     Others.

in this report we provide Regions and Countries Level Analysis:

North  America

Europe    

Asia-Pacific    

South America

Middle  East & Africa

 Learn more about Global Medication Management Market

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Healthcare IT Market, By Application (Laboratory Information System, EHR, PACS, CPOE, EPS, Clinical Information System, and Telemedicine), By Medical Care Providers and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2022 – 2031

REPORT HIGHLIGHT The healthcare IT market is estimated to represent a global market of USD 68.73 billion by 2017 with growth rate of 13.9%. Market Dynamics Health information technology is the area of IT involving the design, creation, development, and maintenance of information systems for the medical field. In recent time, the demand for health IT results from the advancement of technologies coupled with changing government regulations which influence the need for quality patient care. Favourable government initiatives to deploy and develop healthcare IT worldwide is the major driving factor for the industry growth. Several region-specific initiatives are undergoing by various government bodies to promote eHealth services. For instance, the Health Department Republic of South Africa introduced guidelines for healthcare IT strategy to promote information technology in South Africa. Likewise, EUR-Lex, the official website of European Union law introduced eHealth action plan for 2012–2020. This guideline includes the strategies for the deployment of eHealth services in European nations. Such initiatives, would, in turn, anticipated to boost the acceptance of healthcare IT, drive the market growth. Furthermore, the advent of advanced technology based medical services such as a self-service kiosk, real-time locating services, report monitoring tools, pharmacogenomics, and portal technology support the market growth to great extent. On the flip side, the information technology for the medical industry faces several challenges on the patient security and data storage front, the industry report analyzed. It is noted that increasing cybercrimes and hacking cases pose as a major constraint to the acceptance of these services.

Request Sample For More Insights : https://www.sdki.jp/sample-request-53415 Application Takeaway In terms of applications, the industry is categorized as Laboratory Information System, Electronic Health Record (EHR), Picture Archiving and Communication System (PACS), Computerized Physician Order Entry (CPOE), Electronic Prescribing Systems (EPS), Clinical Information System, Telemedicine and others. Of these, EHR and telemedicine accounted for the highest revenue share. Implementations of EHR systems have dramatically increased in recent few years since the inception of the medical information technology for HITECH (Economic and Clinical Health) Act in 2009, providing a healthy platform for segment growth. Medical Care Providers Takeaway Depending upon medical care providers, the market is bifurcated as Physicians, Nursing, Pharmacy, Patient Access, Financial Services, and Risk Management Services. Adoption of healthcare IT in nursing and physician sector is considered to be high compared to other medical facilities. Furthermore, patient access and risk management services are anticipated to grow with a promising growth rate during the forecast period. Regional Takeaway With the highest revenue share, North America surfaced up as ruling party for healthcare IT market. This region grossed total revenue of USD 34.09 billion in 2017, and it is growing at a CAGR of over 11% during the study period. Presence of advanced research institutes, hospitals, and universities is considered to be the key factor for the demand for healthcare IT services in this region. On contrary, the Asia Pacific exhibiting strong potential for this industry due to rising government spending on the development of healthcare infrastructure. Key Vendor Takeaway Key players such as McKesson, GE Healthcare, Phillips Healthcare, eClinicalWorks, Allscripts Healthcare, Carestream, and Hewlett-Packard are actively operating in this industry. As per the industry report, Phillips and McKesson captured significant revenue share in 2017. Aggressive business strategies adopted by these players to expand their market presence cemented their market leadership position. For instance, in February 2016, Philips introduced digital health solutions at the HIMSS Annual Conference and Exhibition. This is expected to open new avenues for Philips in the healthcare IT sector.

Download PDF Sample For More Information : https://www.sdki.jp/sample-request-53415 The market size and forecast for each segment and sub-segments has been considered as below: Historical Year – 2014 & 2016 Base Year – 2017 Estimated Year – 2018 Projected Year – 2025 TARGET AUDIENCE Traders, Distributors, and Suppliers Manufacturers Government and Regional Agencies and Research Organizations Consultants Distributors SCOPE OF THE REPORT The scope of this report covers the market by its major segments, which include as follows: MARKET, BY APPLICATION Laboratory Information System (LIS) Electronic Health Record (EHR) Picture Archiving and Communication System (PACS) Computerized Physician Order Entry (CPOE) Electronic Prescribing Systems (EPS) Clinical Information System (CIS) Telemedicine Others MARKET, BY MEDICAL CARE PROVIDERS Physicians Nursing Pharmacy Patient Access Financial Services Risk Management Services MARKET, BY REGION North America U.S. Canada Europe Germany France Rest of Europe Asia Pacific India China Rest of APAC Rest of the World Middle East and Africa Latin America

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Computerized Physician Order Entry (CPOE) Market Segmentation and Competitive Analysis Report till 2024

August 13, 2021: The global Computerized Physician Order Entry (CPOE) Market is expected to value at USD 1.9 billion by 2024. The computerized physician order entry industry is subject to witness a substantial growth due to the rising incidences of medication errors during the delivering and transcribing stage.

In addition, numerous initiatives and policies undertaken by both private bodies and regional government to promote streamline care delivery process are expected to boost market demand for computerized physician order entry (CPOE) systems over the forecast period. The prime objectives of computerized physician order entry (CPOE) systems is to incorporate automation for reducing errors and bringing an overall reduction in clinical decision time.

Improved healthcare infrastructure and rise in the number of medical facilities, especially in the developed economies is predicted to favor market growth as well. The computerized physician order entry (CPOE) systems offers a viable platform and support prime objectives such as reducing errors during delivering and transcribing stage. These factors are anticipated to foster market expansion of computerized physician order entry (CPOE) in the near future. Globally, the computerized physician order entry market is predicted to grow at CAGR of 6.2% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

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The recent technological advancement in the healthcare sector coupled with deployment of novel technologies such as healthcare information technology (IT) are expected to bolster market growth over the next seven years. Rise in the number of promotional activities by international as well as local authorities such as the World Health Organization (WHO) to offer various strategic actions for adoption of information technology involving computerized physician order entry (CPOE) systems, are anticipated to drive industry expansion in the upcoming years.

The computerized physician order entry (CPOE) offer centralization of medical systems in order to streamline various processes to achieve multiple economic benefits. Growing adoption of lean management principles like six sigma to perform different periodic functionalities to optimize use of resources is predicted to boost the market progress as well. Moreover, centralization of various processes is gaining traction in healthcare sector over the forecast period. The computerized physician order entry (CPOE) are divided into two major types such as integrated CPOE and standalone CPOE.

The CPOE industry is broadly categorized into four major segments based on the application type such as hospitals, ambulatory centers, physician, and emergency healthcare services. The hospitals sector is considered as one of the fastest growing segment in the CPOE market with substantial revenue generation in the last few years.

Growing popularity of computerized physician order entry (CPOE) systems in the hospital segment is attributed to the growing consumer pool and higher financing capabilities. The emergency healthcare services segment has also witnessed substantial growth owing to the rising demand for efficient maintenance of the large order volumes and improved order completeness to minimize errors.

The computerized physician order entry (CPOE) industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in healthcare sector, increase in the number of research & development activities in the region, and existence of well-established medical facilities.

Asia-Pacific region is predicted to hold major market share in the computerized physician order entry market with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with strong economic growth, rising awareness among general population, increasing disposable income, rising healthcare expenditure, and significant investment by leading industry players considering potential growth opportunities in the region.

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The key players in the computerized physician order entry industry are Cerner Co., CliniComp International, Inc., Allscripts Co., Epic Systems, Inc., GE Healthcare GmbH, McKesson Co., MEDITECH (Medical Information Technology, Inc.), Siemens Healthcare, Inc., Visual MED, Inc., Philips Healthcare N.V., and Athena Health, Inc.

Market Segment:

Global CPOE Market by Type (USD Million), 2013 - 2024

• Integrated

• Standalone

Global CPOE Market by Component (USD Million), 2013 - 2024

• Software

• Hardware

• Services

Global CPOE Market by Delivery Mode (USD Million), 2013 - 2024

• On-Premises

• Web Based

• Cloud Based

Global CPOE Market by End Use (USD Million), 2013 - 2024

• Hospital

• Ambulatory Centers

• Physician’s Office

• Emergency Healthcare Centers

CPOE Market by Region (USD Million), 2013 - 2024

• North America

• U.S.

• Canada

• Europe

• UK

• Germany

• Asia Pacific

• Japan

• China

• Latin America

• Brazil

• Mexico

• MEA

• South Africa

• Saudi Arabia

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Healthcare Cloud Computing Market Share 2021 – Industry Size, Share, Technology Trends, Business Growth Opportunities

Healthcare Cloud Computing Market Share

Market Insights

Market Research Future (MRFR) studied the cloud computing market 2020 through the review period till 2023. As per MRFR analysis, the global cloud computing market is anticipated to register considerable CAGR and earn substantial revenue by end of the review period. The ingression of cloud-based technology in healthcare facilities offers several important benefits that aid in boosting operations efficiency of organizations. The cloud deployment of IT software assists in the collection of real-time data and data retrieval with greater convenience and eliminate manual errors. Document processing is a rigorous task in healthcare facilities and cloud computing only accelerates work with better performance efficacy. Moreover, cloud computing curbs the overall costs as it eliminates the need for physical infrastructure. These are identified as some potential factors that can promote the global healthcare cloud computing market in the years to come.

The IT revolution and upscaling demand for cloud computing have positively influenced the healthcare sector. The large volume of data generated in the healthcare sector has encouraged the enormous adoption of cloud computing solutions. Moreover, the voluminous data generation has further increased the need for scalability and flexibility in working dynamics. Top-notch healthcare cloud computing players are actively investing in the development of improved and new services that will continue to optimize operations in complex and large industries; such as healthcare. These are other causes that are expected to add momentum to the healthcare cloud computing.

Security risks and the growing concern regarding sensitive data made available on the cloud is identified as restrains on the cloud computing market. Cloud breaches and inefficient backup activities by healthcare organizations are anticipated to pose challenges to the market expansion.

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Market Segmentation

The segment study of the global Healthcare Cloud Computing Market Share is based on deployment, applications, service, and end-user among others.

The application-based segments of the healthcare cloud computing market are Clinical Information System (CIS) and Non -Clinical Information System (NCIS). The CIS segment studies electronic health records (EHR), pharmacy information system (PIS), and computerized physician order entry system (CPOE) among others. The growing demand for non-clinical information system, along with electronic health records solutions, can favor the market surge in the study tenure.

The deployment-based segments of the healthcare cloud computing market are hybrid cloud, private cloud, and public cloud. The public cloud segment is expected to rise at considerable CAGR by 2023. However, increase in cases of cyber data breach and growing awareness about security threats in case of public cloud is driving the adoption of private cloud that is expected to support the healthcare cloud computing market rise through the rapid growth of the private segment.

The service-based segments of the healthcare cloud computing market are innovative forms, such as; Infrastructure-As-A-Service, Software-As-A-Service (SaaS), and Platform-As-A-Service. The software as a service is observed to gain traction due to its large-scale and diversified utility, which can bolster the SaaS healthcare cloud computing segment rise. The platform as a service segment is anticipated to rise at high pace and acquire significant share of the global market. The increasing adoption of infrastructure as a service is likely to improve its segment impetus, thus favor the market

Regional Analysis

The US is expected to garner decent revenue for the North America healthcare cloud computing market in the near future. The presence of a high concentration of marketers in the region and expansion of the healthcare sector are likely to contribute to the regional healthcare cloud computing market. The concentration of developed economies displaying affinity for advanced technologies is observed to add momentum to the market.

In Asia Pacific, the healthcare cloud computing market is likely to thrive due to the fast-paced development of the healthcare sector. India, Australia, and China are some countries in the region with massive patient population and are investing in innovations that can boost efficacy of operations in treating these masses. Thus, the surge in rate of adoption of advanced healthcare cloud computing solutions can prompt APAC market during the forecast term.

Key Players

GE Healthcare, IBM Corporation, Athena Health Inc., Sectra AB, Carestream Corporation, CareCloud Corporation, ClearData Networks Inc., Agfa-Gevaert N.V., Nuance Communications, NextGen Healthcare, Microsoft Corporation, Oracle Corporation, Cerner Corporation, Siemens Healthineers, Dell Inc, and Merge Healthcare Inc. are some major companies in the global healthcare cloud computing market that are listed by MRFR. Innovations by marketers are observed to cast significant impact on the competitive landscape of the global healthcare cloud computing market.

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Asia-Pacific Healthcare Information System Market Size, Growth, Trends | Global Industry Report 2025

Healthcare Information System Market is valued at USD 95.46 Billion in 2018 and expected to reach USD 158.89 Billion by 2025 with the CAGR of 7.55% over the forecast period.

Increasing adoption of advanced technologies in healthcare facilities, and rising demand for cloud-based systems are some factors driving the growth of the market.

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Healthcare Information System Companies

Top 21 Healthcare Information System Market Vendors are,

Philips Healthcare

Epic Systems

Dell Technologies,

Allscripts

GE Healthcare

IBM

Athenahealth

Oracle Corporation

Conduent

Infor

Tata Consultancy Services

Wipro Limited

Conifer Health

Nuance

3M

Inovalon

InterSystems

Leidos

Softheon

Omnicell

Ciox Health

Scope of Healthcare Information System Market Report–

Healthcare information system is a computer aided system that organizes, stores and double checks all the medical information of patient. This system is designed to provide and improve clinical quality and care for each patient every time. Healthcare IT system replaces the paper chart such as patient health history, prescriptions, doctor’s notes and dictation and all other information of patient in the form of electronically preserved data. It reduces the chance of errors because it is required to enter the accurate information of patient. These are used in several methods such as electronic medical records (EMR), computerized physicians order entry, laboratory information systems, pharmacy information systems, radiology information systems, and PACS. Clinical information system also eases healthcare organizations to participate in health information exchanges (HIEs) to share patient data between health systems.

Global healthcare information system market report is segmented on the basis of product type, delivery mode, type, end-user and regional & country level. Based on product type, global healthcare information system market is classified as computerized physician order entry (CPOE) system, laboratory information system (LIS), radiology information system (RIS), pharmacy information system (PIS), picture archiving and communication system (PACS), and electronic medical records (EMR) System. Based upon delivery mode, global healthcare information system market is classified into on-premises and cloud based. Based upon type, global healthcare information system market is classified into hardware, software, and services. Based upon end-user, global healthcare information system market is classified into hospital, outpatient/outside hospital and business office.

The regions covered in this healthcare information system market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of healthcare information system is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Global healthcare information system market report covers prominent players like Optum, Cerner, Cognizant, Change Healthcare, Philips Healthcare, Epic Systems, Dell Technologies, Allscripts, GE Healthcare, IBM, Athenahealth, Oracle Corporation, Conduent, Infor, Tata Consultancy Services, Wipro Limited, Conifer Health, Nuance, 3M, Inovalon, InterSystems, Leidos, Softheon, Omnicell, Ciox Health, and others.

Market Dynamics–

Increasing use of electronic health record system by the healthcare providers have attributed massively towards the growth of healthcare information system market. The basic electronic health record adoption rate was increased by 11% in 2015 from the year 2014. However, lack of qualified and skilled professionals and high expenses of maintenance and services and issues related with interoperability are the factors which are hampering the market growth of global healthcare information systems. Moreover, Uptake of electronic systems such as electronic health record or electronic medical record and technological advancement are also, creates growth opportunities for the healthcare information system market in the forecast period.

Regional Analysis–

North America dominates the healthcare information system market due to public sector spending, specifically by Medicare and Medicaid and robust demand for high quality diagnostics system. According to Centers for Medicare & Medicaid Services (CMS), the US National health expenditures represent approximately 18% of the GDP (Gross Domestic Product), which is expected to reach roughly 20%, by 2020. Europe holds the second position in the market. Germany, France, Netherlands, Spain and the U.K. are estimated to account for a major share of the Western Europe healthcare information system market over the forecast period.

Asia-Pacific has a huge market potential for healthcare information system. India and China are some of the rapidly growing countries, followed by South Korea. Consequently, the government in these rapidly developing economies has taken various efforts to improve healthcare services and provide better infrastructure.

Key Benefits for Market Report–

Global Healthcare Information System Market report covers in depth historical and forecast analysis.

Global Healthcare Information System Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

Global Healthcare Information System Market report helps to identify opportunities in market place.

Global Healthcare Information System Market report covers extensive analysis of emerging trends and competitive landscape.

Healthcare Information System Market Segmentation:–

By Product Type: - Computerized Physician Order Entry (CPOE) system, Laboratory Information System (LIS), Radiology Information System (RIS),  Pharmacy Information System (PIS), Picture Archiving and Communication System (PACS), Electronic Medical Records (EMR) System

By Delivery Mode: - On-Premises, Cloud Based

By Type:- Hardware, Software, Services

By End-User:- Hospital, Outpatient/Outside Hospital, Business Office

By Regional & Country Analysis

North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

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Computerized Physician Order Entry (CPOE) Systems Market Set for Rapid Growth and Trend, by 2026

A computerized physician order entry (CPOE) system, also called Computerized Provider Order Entry, is a healthcare information system that electronically captures and stores physician's instructions and helps improve efficiency of patient-care management. The CPOE system ensures proper collection and transfer of patient’s health data between laboratories, clinics, pharmacy, laboratory, radiology. and other healthcare agencies. Physicians and pharmacists can view patient status, enter orders, document their details, and share information in an easy-to-use patient record. Computerized physician order entry system has a number of advantages such as reduction in length of stay, non-repetition of tests, reduced turnaround time for laboratory tests, and enhanced cost savings. Moreover, CPOE is also highly beneficial as it integrates clinical decision support system (CDSS) and electronic health record (EHR) system, ensuring the utmost cost-effectiveness. Click To Read More On Computerized Physician Order Entry (CPOE) Systems Market

Popular systems in the computerized physician order entry systems market: PatientKeeper, Cerner CPOE system, Horizon Expert Orders, GE and Mindfire CPOE Software solutions

High Implementation Costs Restraining Computerized Physician Order Entry Systems Market Growth in Emerging Economies

The computerized physician order entry systems market can be analyzed in five major regions: North America, Europe, Asia Pacific, Latin America, and Rest of the World. Prime factors driving growth in North America and Europe include growing demand for paperless environment to minimize human error, decreasing delay in order completion, and the need for reducing treatment costs. Furthermore, increasing government pressure to automate healthcare facilities is also fueling growth of the computerized physician order entry systems market. However, demand for CPOE systems in Asia Pacific and Latin America is increasing with increasing pressure on reducing costs and medication errors. Also, better storage and management of patient’s information record and increasing need to minimize records retention costs is also projected to propel growth of the computerized physician order entry systems market in the near future. On the other hand, lack of professionally trained workforce and major capital investment involved in installation of the system is hindering demand for computerized physician order entry systems in the emerging economies.

Digital Transformation of Medicine is Exemplified by CPOE System

Use of CPOE system significantly aids in reducing prescription and dispensing errors, reducing costs, improving patient care, and enhancing workflow automation. A study published in Applied Clinical Informatics in 2014 stated that increase in use of CPOE led to 63% drop in length of hospital stay. According to a study by the Agency for Healthcare research and Quality, by the end of 2015, around 84% of the federal acute care hospitals had implemented CPOE systems. In outpatient settings, around 50% of them had installed by the end of 2014. However, according to EHR Intelligence, CPOE systems failed to flag-off 39% of potentially harmful orders. A number of companies offer novel software and systems for the monitoring and controlling of health information.

Some of the major companies operating in the computerized physician order entry systems market are Cerner Corporation, McKesson Corporation, Athenahealth, Inc., GE Healthcare, Epic Systems Corporation, and Allscripts Healthcare Solutions, Inc.

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Computerized Physician Order Entry Systems Market Taxonomy

The computerized physician order entry systems market can be segmented on the basis of type of system, mode of delivery, component and end users as follows:

Type of System : Integrated, Standalone.

Mode of Delivery : Cloud, On-premise, Web-based.

Component : Software, Hardware, Services.

End User : Hospitals, Clinics and nursing homes, Home health agencies.

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Healthcare IT Market, By Application (Laboratory Information System, EHR, PACS, CPOE, EPS, Clinical Information System, and Telemedicine), By Medical Care Providers and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2022 – 2031

REPORT HIGHLIGHT The healthcare IT market is estimated to represent a global market of USD 68.73 billion by 2017 with growth rate of 13.9%. Market Dynamics Health information technology is the area of IT involving the design, creation, development, and maintenance of information systems for the medical field. In recent time, the demand for health IT results from the advancement of technologies coupled with changing government regulations which influence the need for quality patient care. Favourable government initiatives to deploy and develop healthcare IT worldwide is the major driving factor for the industry growth. Several region-specific initiatives are undergoing by various government bodies to promote eHealth services. For instance, the Health Department Republic of South Africa introduced guidelines for healthcare IT strategy to promote information technology in South Africa. Likewise, EUR-Lex, the official website of European Union law introduced eHealth action plan for 2012–2020. This guideline includes the strategies for the deployment of eHealth services in European nations. Such initiatives, would, in turn, anticipated to boost the acceptance of healthcare IT, drive the market growth. Furthermore, the advent of advanced technology based medical services such as a self-service kiosk, real-time locating services, report monitoring tools, pharmacogenomics, and portal technology support the market growth to great extent. On the flip side, the information technology for the medical industry faces several challenges on the patient security and data storage front, the industry report analyzed. It is noted that increasing cybercrimes and hacking cases pose as a major constraint to the acceptance of these services.

Request Sample For More Insights : https://www.sdki.jp/sample-request-53415 Application Takeaway In terms of applications, the industry is categorized as Laboratory Information System, Electronic Health Record (EHR), Picture Archiving and Communication System (PACS), Computerized Physician Order Entry (CPOE), Electronic Prescribing Systems (EPS), Clinical Information System, Telemedicine and others. Of these, EHR and telemedicine accounted for the highest revenue share. Implementations of EHR systems have dramatically increased in recent few years since the inception of the medical information technology for HITECH (Economic and Clinical Health) Act in 2009, providing a healthy platform for segment growth. Medical Care Providers Takeaway Depending upon medical care providers, the market is bifurcated as Physicians, Nursing, Pharmacy, Patient Access, Financial Services, and Risk Management Services. Adoption of healthcare IT in nursing and physician sector is considered to be high compared to other medical facilities. Furthermore, patient access and risk management services are anticipated to grow with a promising growth rate during the forecast period. Regional Takeaway With the highest revenue share, North America surfaced up as ruling party for healthcare IT market. This region grossed total revenue of USD 34.09 billion in 2017, and it is growing at a CAGR of over 11% during the study period. Presence of advanced research institutes, hospitals, and universities is considered to be the key factor for the demand for healthcare IT services in this region. On contrary, the Asia Pacific exhibiting strong potential for this industry due to rising government spending on the development of healthcare infrastructure.

Download PDF Sample For More Information : https://www.sdki.jp/sample-request-53415 Key Vendor Takeaway Key players such as McKesson, GE Healthcare, Phillips Healthcare, eClinicalWorks, Allscripts Healthcare, Carestream, and Hewlett-Packard are actively operating in this industry. As per the industry report, Phillips and McKesson captured significant revenue share in 2017. Aggressive business strategies adopted by these players to expand their market presence cemented their market leadership position. For instance, in February 2016, Philips introduced digital health solutions at the HIMSS Annual Conference and Exhibition. This is expected to open new avenues for Philips in the healthcare IT sector. The market size and forecast for each segment and sub-segments has been considered as below: Historical Year – 2014 & 2016 Base Year – 2017 Estimated Year – 2018 Projected Year – 2025

TARGET AUDIENCE Traders, Distributors, and Suppliers Manufacturers Government and Regional Agencies and Research Organizations Consultants Distributors SCOPE OF THE REPORT The scope of this report covers the market by its major segments, which include as follows: MARKET, BY APPLICATION Laboratory Information System (LIS) Electronic Health Record (EHR) Picture Archiving and Communication System (PACS) Computerized Physician Order Entry (CPOE) Electronic Prescribing Systems (EPS) Clinical Information System (CIS) Telemedicine Others MARKET, BY MEDICAL CARE PROVIDERS Physicians Nursing Pharmacy Patient Access Financial Services Risk Management Services

MARKET, BY REGION North America

U.S. Canada

Europe

Germany France Rest of Europe

Asia Pacific

India China Rest of APAC Rest of the World

Middle East and Africa

Latin America

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SIEM AND HIPAA COMPLIANT

After 1996 changed how the health institutions managed the use and control of patient information. The Health Insurance Portability and Accountability Act, HIPAA established the guidelines to protect the privacy and confidentiality of patient medical records and other personal health information. 

Any organization that electronically transmits or stores healthcare information must deploy security procedures to guarantee its safeguard, and we are not only talking about big institutions like Hospitals and Health insurance companies. 

Any provider of medical supplies or health care services such as dentists, doctors, nursing homes, pharmacies, and psychologists must follow HIPAA standards and requirements. 

This obligation constitutes a challenge for the health institutions because the electronic methods used in the present medical panorama like computerized physician order entry (CPOE) systems and electronic health records (EHR) provide improved efficiency and flexibility, but they also severely increase the risks in the supervision and control of healthcare data. 

Globally it is estimated that each security breach costs an average of US$3.62 million.

A SIEM security solution (Security Information and Event Management) focuses on the digital environment of the entities to determine if they effectively maintain the confidentiality, integrity, and availability of the information they hold. It also generates reports to validate the HIPAA compliance using instruments like:

Asset Discovery: discovers quickly all of the devices that are or have been on the network. It is not only limited to computers.

Log Management: 81% of hacking-related breaches are associated with stolen or weak passwords; A SIEM guarantees real-time monitoring and compares data from different sources to visualize the information from all of your system log files.

Vulnerability Assessment: It employs heuristic and signature-based scanners built on a robust database with more than 12 000 signatures to make available a full vulnerabilities report, including solutions or possible solutions.

Active Directory Auditing: This functionality scans the Active Directory environment to find security risks such as violations of access rights, non-expiring passwords, inactive accounts, and so forth. It provides a vision on your AD and file share authorization structure. 

Remember that the effective management and use of passwords is a vital part of the information security, and according to reliable international reports, 26% of the accounts have weak or commonly used passwords. The weak passwords, of course, increase the risk of successful cyber-attacks.

A Network and Host Intrusion Detection System detects, notifies, and responds to threats that cause loss or destruction of data, even threats that originate from within.

Reporting: The HIPAA Breach Notification Rule requires entities to notify affected individuals. Most notifications must be provided without unreasonable delay and no later than 60 days following the breach discovery. In case of a data breach, the SIEM generates reports for a better comprehension of the vulnerability and its solution, helping to analyze and solve the future complains. 

The reports can be easily customized in the dashboard and might become an essential assistant to face the challenge of an independent Audit, which controls the security or integrity of the ePHI (electronically protected health information) exhaustively.

A SIEM software can be deployed at any entity, no matter the size, complexity, and resources. It creates solutions for any environment. Between the best products in the market we can find AlienVault, Splunk, UTMStack, ELK, and  Solar Winds.

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Clinical decision support system or CDSS is an administrative as well as clinical tool which helps in improving operational efficiency of healthcare practices. It is designed to assist physicians & other health professionals in clinical decision-making tasks. It is an adaptation of decision support system generally used to aid business management. CDSS deployment helps managing data faster decision-making, and higher workflow efficiency in patient care.

According to study, “CDSS Market: Component (Software), Product (Integrated CDSS), Model (Knowledge-Based CDSS) Delivery Mode (On-Premise CDSS), Mode of Advice (Active CDSS), Setting (Inpatient Setting), Type (Therapeutic CDSS), Application (Advanced CDSS) - Global Forecast Till 2023” the key companies operating in the CDSS market are Hearst Communications Inc., Wolters Kluwer Health, Oncology Analytics, Inc., Elsevier B.V., Athenahealth, Inc., Truven Health Analytics, Agfa-Gevaert Group, Zynx Health, National Decision Support Company, Persivia Inc., Siemens AG, VisualDx, Epic Systems Corp., Alfa Healthcare, Cerner Corp., NextGen Healthcare Information System, Carestream Health Inc., McKesson Corp., First Databank, Inc., Wolters Klywer NV, Philips Healthcare, ELSEVIER B.V, Medical Information Technology Inc., Inferscience, Inc., GE Healthcare, Allscripts Healthcare Solutions Inc., IBM Corporation. Companies are implementing the strategy acquisition & collaboration with parallel companies to expand or strengthen its geographic presence in international market.

Based on type, CDSS market is split into diagnostic clinical decision support systems and therapeutic clinical decision support systems. Based on component type, market is split into services, hardware and software. Based on product type, market is split into standalone CDSS, integrated Electronic Health Record (EHR) with CDSS, integrated Computerized Provider Order Entry (CPOE) with CDSS and integrated CDSS with CPOE and EHR. Based on model type, market is split into knowledge-based CDSS and non-knowledge-based CDSS. Based on delivery mode, market is split into on-premise CDSS and cloud-based CDSS. Based on level of interactivity, market is split into active CDSS and passive CDSS. Passive CDSS segment is projected to be the most attractive market owing to advantages such as saving user’s time, providing valid & reliable information, and integrating system recommendation alerts. Based on setting, market is segmented into ambulatory care settings and inpatient settings. In addition, based on applications, market is segmented into clinical guidelines, drug allergy alerts, drug-drug interactions, clinical reminders, drug dosing support and others.

The CDSS market is driven by growth in incidence of medication errors, followed by government support & initiatives, rise in prominence and usage of big data & Mhealth tools, high prevalence of chronic diseases, increase in adoption of cloud computing in healthcare, high returns on investment for CDSS solutions, and partnerships between clinical decision support companies and medical research groups. However, reluctance to adopt mobile CDSS, data security concerns related to cloud-based CDSS, high investments for IT infrastructure and lack of interoperability may impact the market. Moreover, rise in technological advancements in healthcare IT solutions and emerge in markets for healthcare IT are major opportunities for market.                    

Based on geography, the North-American region holds major share in CDSS market owing to presence of a large number of reimbursement policies, growth in technologically advanced research & treatment platforms for diagnosis of chronic diseases, increase in development of IT healthcare organizations and rise in Canadian healthcare infrastructure in the region. The Asian-Pacific region is predicted to witness higher growth rate due to increase in the group medical practices and rapid growth in the geriatric population over the forecast period.

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Global Clinical Decision Support Systems Market

Related Reports:-

Clinical Decision Support Systems (CDSS) Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Clinical Decision Support Systems (CDSS) Market Analysis 2013-2018 and Forecast 2019-2024

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Healthcare Cloud Computing Market Size Industry Analysis, Market Size, Share, Trends, Growth and Forecast 2021 - 2027

Healthcare Cloud Computing Market OverviewThe health cloud computing market is expected to expand quickly during the forecast period at a higher CAGR level. Growing use of the Internet of Things (IoT), increasing health care costs, and technological innovation drives the global healthcare cloud computing sector. In a health cloud market report, an updated overview of the dynamics of the health cloud computing market, the latest trends and general sector performance data is provided. Primary and secondary data are based on the study report.Get Request Free Sample @ https://www.marketresearchfuture.com/sample_request/6519This knowledge is gathered from leading organisations, industry leaders in the health cloud computing, members of businesses and key policy makers. Data are then analysed and checked using reliable sources for the healthcare cloud computing study. This report provides an overview of the global cloud computing industry. The report covers market size, patterns of growth, market dynamics, restrictions, chances and investment options. The Health Cloud Market Report also offers main company profiles of leading companies.Healthcare Cloud Computing Market Segmental AnalysisThe market for Healthcare Cloud Computing Market Size is segmented based on applications, deployment, service, end-user, and region. two significant applications of Healthcare cloud computing are clinical information system (CIS) and non -clinical information system (NCIS). The CIS segment is sub-segmented into computerized  physician order entry system (CPOE), electronic health records (EHR), pharmacy information system (PIS), and others.Based on deployment, the global market for healthcare cloud computing is segmented into the hybrid cloud, private cloud, and public cloud. Healthcare cloud computing enables the provision of services in various modern forms, which consist of Infrastructure-As-A-Service, Platform-As-A-Service, and Software-As-A-Service. the end-users of healthcare cloud computing  are Healthcare providers and healthcare market players.Healthcare Cloud Computing Market – Regional AnalysisNorth America leads the global healthcare cloud computing market with the largest market share. Factors such as the presence of large numbers of players, well-established healthcare sector, and substantially large IT market, substantiate the regional market growth. Also, well-developed infrastructure in the region provides impetus to the market growth, allowing the developments and early access to advanced technologies.Europe healthcare cloud computing market is another significant market globally. The market is expected to grow over further by 2023, accounting for a substantial monetarily growth. The high concentration of market players and the presence of a significant healthcare sector are the factors fostering the regional market growth. Many European countries are witnessing economy boom, which is allowing the adoption of advanced technology in the well-established healthcare sector in the region.The healthcare cloud computing market in the Asia Pacific region is rapidly emerging as a profitable market globally. The market is further estimated to grow at a considerable CAGR during 2018-2023. The presence of rapidly developing countries such as India & China and the proliferating healthcare sector influence the regional market growth.Besides, highly populated countries such as India and China, that have a massive patient base create the need to have efficient healthcare services and therefore, encourage the adoption of advanced healthcare cloud computing solutions.Healthcare Cloud Computing Market Competitive LandscapeSWOT analyses are used to detect the possible competitive advantage in the healthcare industry for the healthcare cloud study. Porter's Five Forces explores dynamic market forces in the cloud healthcare market and segment of the market. It helps companies determine the cloud computing market for health care according to five main aspects: customers, new entrants,

alternatives, suppliers and competition. The report for health cloud computing offers insight into the sustainability of the sector in order for businesses to influence their strategies. By exploring various aspects of the health cloud computing sector, organisations may define key drivers for success and determine their role compared to those in the industry in the health cloud computing market. The Healthcare Cloud Research Market Report provides investors and major companies with information to assist them in defining their health-care cloud-based centric product portfolios and to decide which products to invest more in and cut, based on market trends in health cloud computing and expected cash flow.Browse Complete Report @ https://www.marketresearchfuture.com/reports/healthcare-cloud-computing-market-6519About Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half- Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.Contact:Market Research FutureOffice No. 528, Amanora ChambersMagarpatta Road, Hadapsar,Pune – 411028Maharashtra, India+1 646 845 9312Email: sales@marketresearchfuture.com

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Key Segments Report of the Global Healthcare IT Market

Nov 07, 2019- Million Insights Market Research has published a new report titled ‘Healthcare IT Market – Global Industry Analysis, Size, Share, Growth, and Forecast, 2018–2026.’ Healthcare IT market report helps analyze trends and significant developments in the industry.

The market size for global healthcare IT was worth USD 41.2 billion in 2013 which is anticipated to grow at a CAGR of more than 12.7% during the forecast period. The factors driving the growth of the market are increasing rate of adoption of Computerized Physician Order Entry (CPOE), increasing incidences of chronic diseases, increasing patient base worldwide and advances in technologies in this sector.

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Reduction in operational costs, reduction in errors in medical centers, and an increase in effective outcomes is anticipated to fuel the healthcare IT market growth. Additionally, supportive government initiatives for improvement of healthcare infrastructure and integration of information technology with existing establishments are anticipated to boost the market growth during the forecast period.

Telehealth and tele- market attributed for more than 30.0% of the global healthcare IT market, in 2016. The factors contributing to this large share are high rates of usage and related benefits such as ease of information transfer via telecommunication technologies. The factors such as a need for home healthcare centers and the shift in preferences to prevent hospital stay are fueling the telecommunication segment growth.

Electronic health records (EHR) accounts for second largest market after telecommunication in terms of revenue share. As per Healthcare Information and Management Systems Society, electronic health records are longitudinal records associated with health information of a patient. Medical institutes update these records. The use of EHR is anticipated to have lucrative growth due to factors such as interoperability and user-friendliness. Moreover, these systems offer information which aids in decision-making related to the health of a patient in emergency situations.

Regional Insights

North America dominated global healthcare IT market accounting for more than 40.0% of total market revenue. The prominent market driver is the existence of advanced medical facilities, supportive government initiatives such as the launch of incentive programs for EHR by Medicare and Medicaid, increased patient awareness along with increased expenditures in this region. Increasing number of private healthcare service providers, for instance, Sana & Helios and existence of well-established healthcare infrastructure are growth drivers of this market in Europe.

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Asia Pacific healthcare IT market is projected to grow at a remunerative CAGR during 2013 to 2020 owing to the increased frequencies of chronic diseases in the pediatric and geriatric population, increasing awareness about the convenience and cost effectiveness of these technologies and increasing healthcare expenditure.

Competitive Insights

The global healthcare IT market is fragmented by presence of companies such as Carestream Health McKesson Corporation, Agfa Healthcare, GE Healthcare, Philips Healthcare, Carestream Health eClinicalworks, E-MDS Inc., Hewlett-Packard, and Athenahealth Inc. The market is characterized by constant strategic mergers and acquisition and collaborations. Key players are capitalizing on the untapped markets in order to intensify the competition.