PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Computerised Physician Order Entry Systems Market to Piggyback on the Adoption of e-health Techniques in Europe - Mitigating high integration costs will boost adoption of CPOE systems - HealthcareIT.frost.com / Frost.com
Computerised Physician Order Entry Systems Market to Piggyback on the Adoption of e-health Techniques in Europe

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/07/18 - Mitigating high integration costs will boost adoption of CPOE systems - HealthcareIT.frost.com / Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

European health ministries are keen on improving the IT infrastructure in the health sector. The higher adoption rate of HIS, EMR and other e-health services has directly impacted the growth of the computerised physician order entry (CPOE) systems market. The healthcare industry has realised the important role that technologies such as CPOE can play in reducing medication errors. However, as the economic crisis has resulted in reduced healthcare budgets, market participants need to devise cost-effective solutions, while enabling hospitals to reduce medication-related adverse events.

New analysis from Frost & Sullivan (healthcareIT.frost.com), European Market for Computerized Physician Order Entry (CPOE) Systems, finds that the market earned revenues of $106.0 million in 2010 and estimates this to reach $173.5 million in 2017. The following CPOE systems are covered in the research: ambulatory and in-patient.

"Improved IT adoptions in the healthcare sector, paralleled by the need to reduce medication errors, are driving the growth of CPOE systems in Europe," notes Frost & Sullivan Research Analyst Somsainathan. "Similarly, integrating CPOE with other existing ehealth services is the biggest trend that is expected to support accelerated growth from 2013."

Increasing receptiveness to and continuous government support for IT solutions in healthcare has led to the wider adoption of HIS and EMR, which directly improves the penetration of CPOE. The market is expected to witness more rapid growth from 2013, due to the integration of CPOE with existing IT services in healthcare units.

High initial costs and shrinking budgets present important challenges for market participants. The high outlays involved in adopting such systems against a backdrop of tightened healthcare budgets have underlined the cautionary attitude being displayed by many hospitals towards CPOE.

"CPOE systems are witnessing relatively slow paced market penetration mainly due to the initial costs involved in steering this service into mainstream hospital applications," remarks Somsainathan. "Since the recent economic crisis, public expenditure has dropped significantly and hospitals are reluctant to make new investments."

Understanding client needs, customising products to meet customer requirements and presenting a broader service range will encourage uptake by hospitals and healthcare providers who are grappling with shrinking budgets. At the same time, reducing initial expenditures and integration costs will propel market penetration, especially in small- and medium-sized hospitals.

"Developing services that are easy to integrate will be key to success in the European CPOE systems market," advises Somsainathan. "Mitigating the high integration cost will not only boost the adoption rate for CPOE systems but will also ensure higher revenue generation for market participants."

If you are interested in more information on this study, please send an email with your contact details to Janique Morvan, Corporate Communications, at janique.morvan[.]frost.com.

European Market for Computerized Physician Order Entry (CPOE) Systems is part of the Healthcare & Life Sciences IT Growth Partnership Services programme, which also includes research in the following markets: European Laboratory Information Systems Market, European Electronic Medical Records Markets, European Markets for Pharmacy Automation Systems and European Markets for Pharmacy Information Systems. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

European Market for Computerized Physician Order Entry (CPOE) Systems / M634

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


Computerised Physician Order Entry Systems Market to Piggyback on the Adoption of e-health Techniques in Europe

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Janique Morvan 
+33 (0)1 42 81 20 37 janique.morvan[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Medical Services/Equipment Most Recent Related Newswires:

Neuronix Ltd Announces the First Group of Mild to Moderate Alzheimer Patients to be Successfully Treated by The NeuroAD™ Therapy System
SelectMDx to be Distributed Across Middle East by IPS Genomix
GE Healthcare Partners with Oritain to Introduce Independent Test to Confirm Country of Origin of Fetal Bovine Serum
Saebo, Inc. Awarded Patent for Low-Profile Stroke Recovery Glove
GE Healthcare and HeartFlow Announce Global Cardiovascular Collaboration
Insulin Delivery Devices Market Size to Expand at 7% CAGR through 2020 Says PMR
Intubation Market Significant Profits Estimated to be Generated by 2025 Says Persistence Market Research
PMR Releases Report for Next Generation IV Infusion Pumps Market Impact of Existing and Emerging Market 2017-2025
Medical Tapes Market to Reach US$ 2Bn by 2024 Reports PMR
Global Pyrogen Testing Market Value Expected to Increase to US$ 1.37 Billion by 2024 Says PMR
Huber Needles Market Expected to Reach US$ 55M by 2024 According to PMR
ZOLL Technologies for Improving CPR Quality to be Showcased at NTI 2017
ConfirmMDx Improves Prostate Cancer Diagnosis in African American Men
Biomarker-based Technologies to Disrupt Conventional Diagnosis in Diabetes Management across the Globe Finds Frost & Sullivan
Agfa Specialty Products Announces the Launch of UNIQOAT

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow Ltd

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)