#Computerized Physician Order Entry Systems Market Share

[wellnessweb]

Medication Management Market Size and Investment Opportunities

The Medication Management Market Size was valued at USD 2.78 billion in 2023 and is expected to reach USD 6.29 billion by 2032 and grow at a CAGR of 10.21% over the forecast period 2024-2032.The Medication Management Market is experiencing significant growth, driven by an aging global population, increasing prevalence of chronic diseases, and advancements in healthcare technology. This market encompasses a broad range of services and solutions designed to optimize the use of medications, improve patient outcomes, and reduce healthcare costs.

Key components include electronic medication management systems, pharmacy automation, and comprehensive care coordination platforms. The integration of artificial intelligence and machine learning into these systems is enhancing predictive analytics and personalized medicine, leading to more effective and efficient medication regimens. Furthermore, the rise of telemedicine and remote patient monitoring is expanding access to medication management services, making it easier for patients to adhere to their prescribed therapies and for healthcare providers to track and adjust treatment plans in real-time.

The current market status is covered in detail in the market research report. In addition to market position, the research included future trends, market dynamics, market shares, threats, opportunities, and entry barriers. All of the important details, as well as the analytical market data, are displayed in pie charts, graphs, and tables that can help readers make informed decisions. All of this data will be useful in conducting a thorough examination of the Medication Management Market .

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Segmentation View

By Type

Software

Computerized Physician Order Entry

Clinical Decision Support System Solutions

Electronic Medication Administration Record

Inventory Management Solutions

Others

Services

Medication Analytics

Point-of-Care Verification

ADE Surveillance

By Mode of Delivery

On-Premise Solutions

Web-Based Solutions

Cloud-Based Solutions

Research Methodology

The market research is based on primary and secondary data from trustworthy sources. These primary and secondary sources provide accurate data for Medication Management Market  analysis around the world, as well as valuable insights into the global market. To give comprehensive information about the healthcare industry and to answer all issues regarding the global market and the healthcare industry, the study employs a variety of methodology, including top-down and bottom-up approaches.

Meetings or interactions with industry experts, professionals, top-tier consultants, producers, and suppliers are used to acquire primary data. Secondary data comes from official government websites, respectable polls, and statistics from globally famous international organizations like the World Health Organization and the United Nations, as well as regulatory agencies, publicly available firm annual reports, and other trustworthy sources.

Regional Analysis

In-depth study of the global Medication Management Market  in numerous regions is included in the market research report. The market has been thoroughly researched, assisting in the identification of regional market opportunities and challenges. The report looks at growing countries from a variety of regions that are key players in the worldwide market's growth. The major regional markets of North America, Latin America, Europe, Asia Pacific, the Middle East and Africa, and Latin America are examined in this research study. It also includes a country-level market analysis.

Competitive Outlook

Genuine data is provided to separate the business attributes, and important market players operating in the global industry have been identified and shortlisted to show the global Medication Management Market 's competitive landscape. The competitive landscape section of the study was built utilizing the most recent trends, company profiles, financial situation, and SWOT analysis of the major market players.

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[health-views-updates]

Healthcare Provider Network Management Market 2023 Latest Trend, Applications & 2030 Industry Growth Analysis Report

The Healthcare Provider Network Management Market Report conducts a thorough analysis of prevailing trends, challenges, and opportunities within the healthcare provider network management realm. Covering fundamental market drivers, limitations, and growth enablers, it paints a comprehensive picture of the market scenario. Moreover, it furnishes a detailed examination of the competitive landscape, emphasizing major players and their strategies for navigating this rapidly transforming market.

The Healthcare Provider Network Management market, valued at USD 3.58 billion in 2022, is poised for substantial growth, expected to reach USD 11.10 billion by 2030, with a robust CAGR of 15.2% during the forecast period from 2023 to 2030. These findings are highlighted in a comprehensive report titled "Healthcare Provider Network Management Market Size, Share & Segmentation" released by SNS Insider.

Healthcare Provider Network Management involves the effective management of healthcare networks, including hospitals, clinics, physicians, and other healthcare providers, to optimize operational efficiency, enhance patient care, and ensure regulatory compliance. The market's growth is propelled by factors such as the increasing adoption of digital healthcare solutions, the growing focus on value-based care, and the rising demand for efficient provider network management solutions.

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The report segments the Healthcare Provider Network Management market based on component type, delivery mode, application type, and region:

Component Type: Services, Software.

Delivery Mode: On-Premise Delivery Mode, Cloud-Based Delivery Mode.

Application Type: Electronic Health Records, Electronic Prescribing Systems, Computerized Provider Order Entry Systems, Laboratory Information Systems, Clinical Information Systems, Picture Archiving and Communication Systems (PACS), Tele-Healthcare.

Among these segments, the cloud-based delivery mode is expected to witness significant growth during the forecast period, driven by its advantages such as scalability, cost-effectiveness, and accessibility.

Geographically, North America dominates the Healthcare Provider Network Management market, owing to factors such as well-established healthcare infrastructure, government initiatives promoting healthcare digitization, and the presence of key market players. However, the Asia Pacific region is anticipated to witness rapid growth during the forecast period, fueled by increasing healthcare investments, rising healthcare IT adoption, and the growing focus on improving healthcare accessibility and affordability.

Key players operating in the Healthcare Provider Network Management market include Philips Healthcare, McKesson Corporation, Agfa Healthcare, E-MDS, Inc., e-Clinical works, Hewlett-Packard Enterprise, Carestream Health, Athenahealth Inc., GE Healthcare. These companies are focusing on product innovations, strategic partnerships, and mergers & acquisitions to strengthen their market position and offer advanced provider network management solutions.

In conclusion, the global Healthcare Provider Network Management market presents lucrative growth opportunities driven by the increasing adoption of digital healthcare solutions and the growing emphasis on efficient healthcare network management. The report provides valuable insights for stakeholders aiming to capitalize on emerging trends in the market.

[priyablog26]

Global Hospital EMR systems Market Size, Share, Trend, Growth and Global Opportunity Analysis and Industry Forecast, 2023-2030.

Overview

The Global Hospital EMR Systems Market is likely to exhibit steady growth over the forecast period, according to the latest report on Qualiket Research.

The Global Hospital EMR systems Market size is valued at USD 20.7 Billion in 2023 and it is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030.

Hospital EMR systems also referred as which is synonymously called as electronic health records (EHR) systems. These systems can be in the form of hardware, software, and services and it can be deployed as cloud based and on-premise model. They provide a range of functions like offering computerized physician order entry, clinical decision support, clinical data repository, and controlled medical vocabulary.

Key Players:

EPIC SYSTEMS CORPORATION, MEDICAL INFORMATION TECHNOLOGY, INC., CERNER CORPORATION, MEDHOST, COMPUTER PROGRAMS AND SYSTEMS, INC. (CPSI), GE HEALTHCARE, ECLINICALWORKS, and MTBC

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Market Segmentation

Global Hospital EMR Systems Market is segmented into component such as Hardware, Software, and Services, by delivery mode such as On-Premise, and Cloud Based, by type such as General EMR Solutions, and Specialty EMR Solutions. Further, market is segmented into hospital size such as Small & Medium Size Hospitals, and Large Hospitals. Also, Global Hospital EMR Systems Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Restraints

However, high cost of deployment is the major challenging factor which is expected to hinder the market growth. Also, interoperability issues and data security concerns will affect the market growth.

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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers.

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[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.

[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

[jesse-pinkman123]

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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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.

[vinayakp30]

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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Cardiovascular Information System Market Analysis, Size, Share, Future Challenges And Forecast to 2027

Cardiovascular information system

(CVIS) is a system that allows easy report generation and distribution and offers on-time access to cardiovascular electronic medical records (EMR) in images, reports, and waveforms. CVIS is used in catheterization, echocardiography, electrocardiography (ECG) data management, and vascular solutions.

Global Cardiovascular Information System Market: Drivers

Increasing prevalence of cardiovascular diseases (CVDs) is expected to boost growth of the global cardiovascular information system market over the forecast period. For instance, according to American Heart Association’s Heart Disease and Stroke Statistics 2018, around 92.1 million adults in the U.S. are suffering from some form of CVD or the after-effects of stroke.

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Moreover, increasing adoption of structured reporting is also expected to aid in growth of the  market. The offerings with analytics tools and vendors’ ability to provide data mining have now jumped to the top of the list for healthcare provider requirements. Structured reporting has completely eliminated the need for conventional dictation. Some CVIS solutions still offer both structured reporting and data mining. However, recent implementation trends have proven that structured reporting yields more accurate and timely results.

North America region held dominant position in the global cardiovascular information system market in 2019, accounting for 39.1% share in terms of value, followed by 2027.

Global Cardiovascular Information System Market: Restraints

High implementation cost of CVIS is expected to hinder growth of the global cardiovascular information system. Health IT system often carry hefty price tags. Currently, providers are expected to bear most of the initial costs, while most of the savings accrue to others. For instance, hospitals often spend tens of millions of dollars on computerized physician order entry systems, providing benefits for other stakeholders-insurers, purchasers, and patients.

Several CVIS applications suffer from misalignment with existing work flow, which is also expected to limit growth of the market. Cardiovascular physicians require patient procedural data and imaging files be available in a timely manner to enable the physicians to report findings and develop a treatment plan quickly. Physician reporting is optimally completed in an electronic structured report to assist in the accuracy and timeliness of the record integrating with the patient’s medical record. Unfortunately, many CVIS applications suffer from misalignment with existing work flow, real-world operating conditions, and critical interfaces, and less than user-friendly data entry, among other issues. These issues make it clear that a reliable and robust CVIS is a must for any contemporary cardiovascular program.

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Market Trends/Key Takeaways

The market is witnessing increasing adoption of zero footprint systems. Most of the new CVIS platforms are web-based and are therefore, “zero-footprint” as a hard drive to house the software is not required. These platforms also eliminate the need to network all the workstations in a department together, since they can transfer data across the web. This also eliminates the need for tethered workstations.

Introduction of comprehensive image and information systems is expected to aid in growth of the market. Image sharing is gaining wider acceptance in the healthcare sector. Moreover, use of CVIS aids to reduce repeat image in order to decrease patient exposure to unnecessary radiation. Medical sharing has also expanded across multiple departments.

Cardiovascular Information System Market: Competitive Landscape 

Major players operating in the global cardiovascular information system market include, McKesson Corporation, GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, IBM (Merge Healthcare), Fujifilm Holdings Corporation, Lumedx, Digisonics Inc., and Agfa Healthcare.

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Global Medication Management Market Size, Share and Demand Forecast to 2030 | VynZ Research

The Global Medication Management Market size will reach USD 9.2 Billion by 2030 and is expected to develop at a CAGR of 18.6% during the forecast period (2022-2030), according to VynZ Research. For the forecast year 2022-2030, as well as the historical period 2018-2021, the Global Medication Management Market has been studied.

The research report provides a comprehensive and insightful examination of the Global Medication Management Market and includes market analysis on segmentation, dynamics, competition, and regional development. It considers the Global Medication Management Market's CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, pricing, and other significant parameters. The forecasts in the report are based on well-established research methodology and assumptions.

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Individual strategies were examined in the Global Medication Management Market study, followed by business profiles of Global Medication Management Market providers. The study includes an 'Industry Landscape' section that provides readers with a comprehensive view and firms’ market share analysis of major industry players in the Global Medication Management Market.

Most of the major players in the Global Medication Management Market are profiled in the report. The strengths and weaknesses, business developments, recent innovations, mergers and acquisitions, expansion plans, global footprint, market presence, and product portfolios of key market competitors are all covered in the company profiling section.

The following are some of the major and developing players in the Global Medication Management Market:

·         Allscripts Healthcare Solutions, Inc.

·         Cerner Corporation

·         Carefusion Corporation

·         Siemens Healthcare

·         GE Healthcare

·         Optum Inc.

·         Epiq System Corporation

·         Qualcomm Incorporated

·         Quadramed Corporation

·         Omnicell, Inc.

·         MediTech

Breakdown of The Segments:

The Global Medication Management Market is segmented by System, Service, Mode of delivery, End-User, and Geography in this study. This segmentation aids executives in planning their products and budgets depending on each segment's expected growth rates.

System Insight and Forecast, 2018-2030

·         Clinical Decision Support Systems

·         Inventory Management Systems

·         Computerized Physician Order Entry Systems

·         Assurance Systems

·         Administration Software

·         Automated Dispensing Systems

Service Method Insight and Forecast, 2018-2030

·         Adverse Drug Effects Surveillance

·         Medication Analytics

·         Point-of-Care Verification

Mode of Delivery Insight and Forecast, 2018-2030

·         Web-Based

·         Cloud-Based

·         On-Premise

End User Insight and Forecast 2018-2030

·         Pharmacies

·         Hospitals

·         Others

Geographical Viewpoint:

The research overview provides the major industry trend and the global market's predicted volume based on the regional analysis. The elements that have driven and hampered the market's expansion are also mentioned in this market research analysis. The study is also equipped with the most advanced and effective techniques for gathering, recording, estimating, and evaluating market data.

FAQ

1.      Who are the most dominant players in the global market, and what elements are assisting them in gaining a competitive advantage?

2.      What are the strategies adopted by the key industry players to gain traction in the industry?

3.      By the end of the forecast period, what will the market size and growth rate?

4.      What are the biggest Global Medication Management Market trends that are influencing market growth?

5.      In the global market, which segment had the biggest revenue share?

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About VynZ Research

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

[industryinsights]

Medication Management Market Revenue Growth, Regional Share Analysis & Forecast Till 2027

The Global medication management market is expected to grow at an approximate CAGR of 13.4% during forecast period.

Improvement in medication management workflow of hospitals is the key factor driving the medication management market. For instance, in 2015, Hospital Israelita Albert Einstein (HIAE) enterede an agreement with Swisslog Healthcare Solutions for material transport and medication management to re-engineer its pharmacy processes.

Various other factors such as increasing number of healthcare organizations across the globe, advancement in medical technology, and global adoption of IT in the healthcare sector are also boosting the market growth. However, high software implementation and service maintenance costs restraints the market growth during the forecast period.

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Segmentation

The Global medication management market is segmented based on systems, services, mode of delivery, end user and region.

The global market for medication management, by systems is segmented into computerized physician order entry systems, clinical decision support systems, administration software, inventory management systems, automated dispensing systems and assurance systems. The administration software is further classified as electronic medication administration records (eMAR) software and bar code medication administration (BCMA) software. The automated dispensing systems segment is further classified as centralized automated dispensing systems and decentralized automated dispensing systems (ADS). The centralized automated dispensing system includes robots/robotic automated dispensing systems and carousels. The decentralized automated dispensing system (ADS) includes pharmacy-based decentralized automated dispensing systems, ward-based decentralized automated dispensing systems and automated unit-dose decentralized automated dispensing systems.

The market by services segment is divided into point-of-care verification services and adverse drug effects (ADE) surveillance services.

The market by mode of delivery segment is divided into web-based solutions, on-premise solutions and cloud-based solutions.

Based on end-user, the market is segmented into hospitals, pharmacies and others.

Regional Analysis

The Americas dominated the global market for medication management. This can be attributed to the increasing geriatric population and presence of major market players within the region.

Europe stood second in 2017 owing to the presence of developed economies like UK, Germany, France, and others within the region provides a driving force for the market to grow.

Asia Pacific was projected to be the fastest growing region in 2017. Factors such as growing healthcare IT sector, increasing penetration of the market players within the region, and increasing government’s support for foreign investments drives the regional markets of the Asia Pacific region.

On the other hand, the Middle East and Africa held least share in the global medication management market due to the presence of poor economies and low per capita income, especially within the African region. The Middle Eastern region is estimated to be a major market for the Middle East and African region.

Key Players

Some of the key players in the global medication management market are Allscripts Healthcare Solutions, Inc., Carefusion Corporation (BD), Cerner Corporation, Epic Systems Corporation, General Electric Company, Mckesson Corporation, Medical Information Technology, Inc., Omnicell, Inc., Optum Inc., QuadraMed Affinity Corporation, Siemens Ltd and others.

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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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North American Healthcare Cloud Computing Market Size Estimated to Reach $18.56 Billion by 2025

North American Healthcare Cloud Computing Market size is estimated to reach $18.56 billion by 2025, growing at a CAGR of 11.7% during the forecast period 2020-2025. Healthcare Cloud Computing is done to reduce costs in healthcare eco system by storing, managing, and processing the data, collected from various locations and delivering the required services by using internet. World is developing in the area of Internet; and with increase in adoption of IoT devices in healthcare, along with increasing use for smart wearable devices among patients which keeps track on health are major factors which are set to drive growth of the market in forecast period 2020-2025. The draw back estimated to hamper the growth of the market is the high one-time and maintenance cost.

Application - Segment Analysis

Based on Application North American Healthcare Cloud Computing market is segmented into Clinical Information Systems and Non-Clinical Information Systems. The Clinical Information Systems further segmented in to health Information System, Picture Archiving & Communication System [PACS], Pharmacy Information Systems, Laboratory Information Management System, Radiology Information Systems, Computerized Physician Order Entry, Ambulatory or Outpatient CIS and others. The Non-Clinical Information Systems further has Revenue Cycle Management, Supply Chain Management Solutions, Automatic Patient Billing (APB), Payroll Management System, Claims Management, Cost Accounting and others. The health Information System accounted for highest revenue owing to demand for maintaining data by physicians and doctors. The segment is set to be grow during the forecast period 2020-2025 owing to the enormous data that is produced annually by patients, physicians, and pharmacists.

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Deployment- Segment Analysis

Based on Deployment, North American Healthcare Cloud Computing has Private cloud, Public cloud and Hybrid cloud. The public cloud accounted for highest share in 2019 owing to operations owned by public healthcare organizations that provide data accessible regarding healthcare policies. Private cloud is set to grow with highest CAGR, owing to the single ownership and control over infrastructure, resources, and others during forecast period 2020-2025.

Drivers – North American Healthcare Cloud Computing Market

Rising R&D expenditure

Increase in government expenditure on health care and the investments in R&D activities are set to drive the market of North American Healthcare Cloud Computing Market during the forecast period 2020-2025.

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Challenges – North American Healthcare Cloud Computing Market

High Investment Cost

The North American Healthcare Cloud Computing possess challenge of high investment cost, to set up cloud computing and the additional maintenance cost for on time services.

North American Healthcare Cloud Computing Industry Outlook

Product launches, mergers and acquisitions, joint ventures and R&D activities are key strategies adopted by players in the North American Healthcare Cloud Computing market. Prominent companies of the market are CareCloud Corporation, Carestream Health, Inc., ClearData Networks, Inc., Cisco Systems, Inc., EMC Corporation, Dell, Inc., Hewlett-Packard Company, IBM Corporation, Iron Mountain, Inc., athenahealth, Microsoft Corporation, Merge Healthcare, Inc., VMware, Inc. and Oracle Corporation..

Acquisitions/Product Launches

In 2019, Humana invests in ClearData’s $26M funding round for health care cloud computing.

In Feb 2019, Veritas Captial finalizes athenahealth acquisition for $5.7 billion.

Key Takeaways

U.S dominated the North American Healthcare Cloud Computing Market in 2019 owing to high technological advancements.

In terms of Application, Clinical Information System segment has generated high amount of revenue owing to demand for maintaining data from doctors and physicians.

Factors such as government funding for R&D activities is set to drive the demand of market for the forecast period (2020-2025)

Detailed analysis on the Strength, Weakness and opportunities of the prominent players operating in the market will be provided in the North American Healthcare Cloud Computing Market report.

Related Reports :

A. Healthcare Cloud Computing Market

https://www.industryarc.com/Report/16779/healthcare-cloud-computing-market.html

B.  Healthcare Provider Network Management Market

https://www.industryarc.com/Report/16771/healthcare-provider-network-management-market.html

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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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Digital Health Market Beyond US$ 200 Billion By 2026 - Coherent Market Insights

The Global Digital Health Market, by Technology Platform (Tele Health [Tele Medicine, Tele Care], mHealth, Digital Health Information System [EMR/HER, Clinical Decision Support System, Computerized Physician Order Entry and Others], Diagnostic and Monitoring Devices, Therapeutic Devices [Digital Medicine, Respiratory Therapy Devices, Insulin Pumps and Others] and Others) by End User (Business to Consumers and Business to Business) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ $ 85 billion in 2017 and is projected to exhibit a CAGR of 23.8% over the forecast period (2018 – 2026).

The digital health is broad term that takes many different platforms under its umbrella such as tele health, health information system (EHR/EMR) and more recent mHealth platforms and data analytics. Digital health platforms takes into account the patient centric approach rather than healthcare provider centric approach. Most importantly this platforms makes health care accessible and affordable with available healthcare labor force. With rising prevalence of chronic disease and need for their effective monitoring digital health platforms proves to be obliging medium.

Global shortage of healthcare providers would major impetus for the growth of digital health market. According to the World Health Organization factsheet in 2013, there would be shortage of 13 million healthcare professionals by 2025 from 7 million in 2013. Around 83 countries worldwide unable to maintain threshold of 23 skilled health professionals per 10,000 people. Digital health platform could provide solutions to such shortage by promoting tele health platform that would allow remote diagnostic and monitoring facilities to patients.

Digital health platforms could be beneficial for rural population where access to health care is limited especially in emerging countries such as India etc. Healthcare gaps in developing countries from Latin America and Asia pacific would provide positive prospects in digital health market. This is also due to fact that healthcare operations are still paper based with diminished efficiency. Therefore, this developing countries could directly leapfrog towards cloud based digital health platforms in the near future.

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Other factors that would aid growth for the digital health market are aging population, new technologies in digital health, larger penetration of smartphones and increased government funding for health care services.

Browse 75 Market Data Tables and 55 Figures spread through 240 Pages and in-depth TOC on “Digital Health Market - by Technology Platform (Tele Health [Tele Medicine, Tele Care], mHealth, Digital Health Information System [EMR/HER, Clinical Decision Support System, Computerized Physician Order Entry and Others],Online Pharmacy, Diagnostic and Monitoring Devices, Therapeutic Devices [Digital Medicine, Respiratory Therapy Devices, Insulin Pumps and Others] and Others) by End User (Business to Consumers and Business to Business) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Global forecast to 2026”

Key players are also undertaking strategic acquisitions in order to expand their product offering and geographic presence in different regions across the globe. For instance, in August 2017, Allscripts announced to acquire McKesson Corporation’s hospital and health system IT business and Enterprise Information Solutions for US$ 185 million in cash.

GE Healthcare, in March 2017, acquired Monica Healthcare with which company obtained fetal monitor technology. This technology comprises blue tooth connected device that monitors both fetal and maternal heart rate and uterine activity.

In May 2018, Allscripts acquired HealthGrid Holding Company. This acquisition would result into expansion of the Allscript’s FollowMyHealth platform which is the company’s patient engagement solution focused on connecting consumers with providers.

In January 2018, Allscripts announced to acquire Practice Fusion. Practice Fusion offers an affordable cloud-based Electronic Health Record (HER) for small, independent physician practices. Through this acquisition Allscripts is expected to expand its big data insights and health analytics, data sharing technologies, and clinical trial solutions.

Key players are engaged in the launching of new innovative digital health platform that would result into better in efficiency in healthcare operations. For instance, in March 2018, Allscripts Healthcare Solutions launched its new electronic health record (EHR) system named Avenel, at the annual Healthcare Information and Management Systems Society (HIMSS) conference at Las Vegas in the U.S. Avenel is a mobile first and cloud based platform that creates a community-wide shared patient record. It uses machine learning to reduce time for clinical documentation and is designed to work like an app instead of traditional software.

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Key Takeaways of the Digital Health Market:

The global digital health market is expected to exhibit a CAGR of 23.8 % over the forecast period, owing to increasing aging population, shortage of physician and penetration of digital technology and smartphones

Among the technology platform in digital health market, health information and specifically electronic health record (EHR) would hold largest market share in digital health market segment. This is due to ease of operation’s EHR offers with data storage and use of same by different healthcare provider especially considering complex management of chronic disease.

mHealth would be second most lucrative platform. With number of smartphones and tablets increasing, rising digital technology adaptation and increased health awareness by common population, there would be higher usage of patient monitoring devices and mobile applications.

Amongst end users, business to business segment is poised to see higher market growth due to larger adoption of health IT platforms such as EHR and large capital investment by hospitals to improve health care service quality and reach larger patient base.

North America is expected to be the dominant region in the global digital health market followed by Europe. U.S. has high prevalence of chronic disease. According to a study published in American College of Cardiology Journal in 2017, cardiovascular disease accounts for around 800,000 deaths in the U.S. annually. U.S. currently has one of highest per capita expenditure on healthcare amounting US$ 9,146 according to statistics given by World Economic Forum in 2016. This cost could be reduced with help of various platforms such as tele medicine, HER and mHealth.

Europe having one of largest population above 60 (25% according UN report in 2017) would see high demand for digital health platforms.

Asia Pacific would be lucrative market in near future for digital health market. This is due to one of highest number of death from chronic disease (More than 12 million each year as per WHO factsheet 2017) this region faces and shortage of proper healthcare infrastructure and healthcare providers. This region also high smartphone user base which would drive growth for mHealth platform in digital health market.

Key players operating in the global digital health market are Allscripts Health Solutions, Inc. McKesson Corporation, Cerner Corporation, Siemens Healthineers, GE Healthcare, Koninklijke Philips N.V., Qualcomm Inc., Truven Health Analytics Athenahealth, Inc. and Cisco Systems

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