European Computerised Physician Order Entry Systems (CPOE) Markets
Europe – The ‘computerised physician order entry systems’ (CPOE) market earned revenues of $42.2 million in 2006;
it is estimated to reach $82.8 billion in 2013, according to a new analysis from Frost & Sullivan (http://www.healthcareIT.frost.com).
F&S Senior Research Analyst Kiran John notes that CPOE is capable of integrating work so as to enhance patient safety, reduce recuperation periods and increase medication effectiveness, while boosting overall financial health. ‘The system provides decision support at various points of care, regularises workflows, and makes use of digital data. As a result, CPOE installations have surged as primary and secondary care centres increasingly recognise the benefits of these systems.’ However, he adds: ‘The problem is that it is quite invasive and, therefore, requires the presence of other key solutions for it to really have a positive affect.’
Despite growing awareness about its advantages, there remains some scepticism about CPOE being too invasive. Moreover, there are lingering concerns over CPOE-driven workflows; not all health professionals agree on its benefits, as it changes key workflows and is perceived to reduce flexibility in operation. These trends suggest that the sales community will need to spend more time training users and further customising their products. ‘If CPOE is implemented as a clerical solution that merely sends and receives requests without intelligence, its value addition will be quite limited. However, the rising need to curtail health costs, improve the effectiveness of medications, and enhance patient safety has led to the demand for decision support – an area where CPOE solutions will prove invaluable.’
F&S points out that this report is part of the Healthcare & Life Sciences IT Growth Partnership Services, which includes research in the following markets: European Electronic Medical Records, Healthcare IT Platforms, Patient Administration Systems in Europe, Clinical Decision Support Systems Markets in Europe, European Patient E-Booking, and Healthcare Smart Cards Systems in Europe. ‘All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.’
To request a CPOE virtual brochure:
e-mail rmtheodore@frost.com giving your full name, company name, title, telephone number,
e-mail address, city, state and country.
This article was published on 11/15/2007