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Computerized Physician Order Entry Market

Computerized Physician Order Entry Market, Share & Segment By Components (Software, Hardware, Services), By Delivery Mode (Web-Based CPOE, On-Premise CPOE, Cloud-Based CPOE), By End-User (Hospital, Pharmacy, Laboratory), by Regions and Global Forecast 2022-2028

Report Id: SNS/HC/2319 | July 2022 | Region: Global | 131 Pages

Computerized Physician Order Entry Market Size was valued at USD 1.6 billion in 2021, and expected to reach USD 2.5 billion by 2028, and grow at a CAGR of 6.7% over the forecast period 2022-2028.

Computerized Physician Order Entry Market

A medical professional can input prescription requests or other doctor's instructions electronically rather than on paper charts through a procedure called computerized physician order entry. The ability to reduce prescription order errors brought on by sloppy handwriting or transcription is one of CPOE's key benefits. These systems allow users to electronically determine prescription orders as well as laboratory, admission, imaging, referral, and operation orders. The Global CPOE Market is being propelled by government initiatives to create an IT infrastructure and information technology that helps lower healthcare expenses.

MARKET DYNAMICS 

DRIVERS

  • Population growth and the prevalence of chronic illnesses.

  • Increasing number of prescription medicine ordering mistakes.

  • The healthcare sector has undergone a number of technical breakthroughs.

  • Government programmes to upgrade the IT infrastructure that lowers the cost of healthcare

RESTRAINTS

  • Installation is expensive.

OPPORTUNITIES

  • Wireless's growing popularity

  • Cloud computing is also having an impact on market growth.

CHALLENGES

  • A scarcity of skilled professionals

IMPACT OF COVID-19

Due to lockdowns, travel restrictions, and business closures, the COVID-19 has had an impact on the businesses and industries of numerous nations. The closing of numerous plants and factories has had a detrimental influence on the production, delivery schedules, and sales of goods on the international market. Only a few businesses have already warned of potential delivery delays and eventual sales declines. Additionally, the chances for commercial relationships and collaborations are being impacted by the international travel bans implemented by nations in Europe, Asia-Pacific, and North America. The market for computerized physician/provider order entry is benefited by COVID-19.

By Components

The services sub-segment of the components industry has the highest market value, followed by software and hardware. The deployment market is further divided into three categories: cloud-based, on-premises, and web-based, with web-based accounting for the greatest market value.

By Delivery Mode

On-premises, web-based, and cloud-based distribution are among the modalities of delivery that automated provider order entry program supports. Quite a bit of it was delivered via the internet. Digital literacy is rising globally, and this is attributed to increased internet service penetration.

However, over the projected period, it is anticipated that cloud-based deployment will show a profitable growth rate. The clear benefits of using cloud-based technologies include remote data access and real-time data tracking.

By End-User

This market has been divided into office-based physicians, hospitals, emergency healthcare service providers, nurses, and other end-users. On the other hand, the hospital sector held the greatest proportion of the global market for computerized physician order entry.

COMPETITIVE LANDSCAPE

Some of the major key players are as follows: Athenahealth, Inc., Cerner Corporation, Allscripts, Carestream Health, Inc., Epic Systems Corporation, GE Healthcare, MEDITECH, Siemens Healthcare, McKesson Corporation, NextGen Healthcare Information Systems.

MARKET SEGMENT

By Components

  • Software

  • Hardware

  • Services

By Delivery Mode

  • Web-Based CPOE

  • On-Premise CPOE

By End-User

  • Hospital

  • Pharmacy

  • Laboratory

Computerized Physician Order Entry Market

REGIONAL ANALYSIS

During the forecast period, Asia Pacific is expected to emerge as the dominant growth-contributing region for computerized physician order entry systems. The increased efforts to raise awareness about these systems across various healthcare facilities are expected to emerge as a key growth factor for the Asia Pacific computerized physician order entry systems market. North America is expected to grow steadily as well.

REGIONAL COVERAGE

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Computerized Physician Order Entry Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 1.6 Billion
Market Size by 2028 US$ 2.5 Billion
CAGR CAGR of 6.7% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Components (Software, Hardware, Services)
• By Delivery Mode (Web-Based CPOE, On-Premise CPOE, Cloud-Based CPOE)
• By End-User (Hospital, Pharmacy, Laboratory)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Athenahealth, Inc., Cerner Corporation, Allscripts, Carestream Health, Inc., Epic Systems Corporation, GE Healthcare, MEDITECH, Siemens Healthcare, McKesson Corporation, NextGen Healthcare Information Systems.
KEY DRIVERS • Population growth and the prevalence of chronic illnesses.
• Increasing number of prescription medicine ordering mistakes.
• The healthcare sector has undergone a number of technical breakthroughs.
Restraints • Installation is expensive.


Frequently Asked Questions (FAQ) :

Yes, this report covers qualitative and quantitative analysis.

Yes, this report covers qualitative and quantitative analysis.

The challenges faced by Computerized Physician Order Entry market is A scarcity of skilled professionals. 

A medical professional can input prescription requests or other doctor's instructions electronically rather than on paper charts through a procedure called computerized physician order entry.

The hospital sector held the greatest proportion of the global market for computerized physician order entry.

 Computerized Physician Order Entry Market Size was valued at USD 1.6 billion in 2021, and expected to reach USD 2.5 billion by 2028,


Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Computerized Physician Order Entry Market Segmentation, By Components

8.1 Software

8.2 Hardware

8.3Services

 

9. Computerized Physician Order Entry Market Segmentation, By Delivery Mode

9.1 Web-Based CPOE

9.2 On-Premise CPOE

9.4 Cloud-Based CPOE

 

10. Computerized Physician Order Entry Market Segmentation by End-User

10.1 Hospital

10.2 Pharmacy

10.3 Laboratory

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12.Company Profiles

12.1 Athenahealth, Inc.

              12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Cerner Corporation

12.3 Allscripts

12.4 Carestream Health, Inc.

12.5 Epic Systems Corporation

12.6 GE Healthcare

12.7 MEDITECH

12.8 Siemens Healthcare

12.9 McKesson Corporation

12.10 NextGen Healthcare Information Systems

 

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14.Conclusion

 

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Secondary Research

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