Computerized Physician Order Entry (CPOE) Market size was valued at USD 1.5 Billion in 2021, registering a CAGR of 6.9% during the forecast period (2022-2030), and the market is projected to be worth USD 2.7 Billion by 2030.
A computerised physician order entry (CPOE) system, also known as Computerized Provider Order Entry, is a healthcare information system that electronically takes and saves physician orders, therefore improving patient-care management efficiency. The CPOE system guarantees that patient health data is collected and transferred correctly between labs, clinics, pharmacies, laboratories, radiology, and other healthcare institutions. In an easy-to-use patient record, physicians and pharmacists may see patient status, make orders, document their specifics, and communicate information. A computerised physician order input system offers several benefits, including shortened duration of stay, non-repetition of testing, faster turnaround time for laboratory tests, and increased cost savings.
Computerized Physician Order Entry (CPOE) Market Research Report” was just released by Market Research Community. It is divided into several categories, including By System (Integrated, Standalone), By Delivery (Cloud, On-Premise, Web-Based), By Component (Software, Hardware, Services) and companies (Cerner, CliniComp, Allscripts, Epic Systems, GE Healthcare, McKesson, Medical Information Technology, Siemens Healthcare, Visual MED, Philips Healthcare, Athena Health), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 6.9%, over the forecast period of 2022–2030.
The increased adoption of Computerized Physician Order Entry (CPOE) in the Healthcare IT industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Computerized Physician Order Entry (CPOE) also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Computerized Physician Order Entry (CPOE) in many sectors also boosts the market growth during the forecast period.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||2.7 Billion|
|By System||Integrated, Standalone|
|By Delivery||Cloud, On-Premise, Web-Based|
|By Component||Software, Hardware, Services|
|By End-User||Hospitals, Clinics and Nursing Homes, Home Health Agencies|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||Cerner, CliniComp, Allscripts, Epic Systems, GE Healthcare, McKesson, Medical Information Technology, Siemens Healthcare, Visual MED, Philips Healthcare, Athena Health|
The COVID-19 pandemic has had a substantial negative influence on the Computerized Physician Order Entry (CPOE) market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Cerner, CliniComp, Allscripts, Epic Systems, GE Healthcare, McKesson, Medical Information Technology, Siemens Healthcare, Visual MED, Philips Healthcare, Athena Health
Market Segment Analysis:
- Clinics and Nursing Homes
- Home Health Agencies
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Computerized Physician Order Entry (CPOE) industries in the region.
Key Computerized Physician Order Entry (CPOE) Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Computerized Physician Order Entry (CPOE) Market segments.
– Largest Market Share Held by Industry to Industry for Computerized Physician Order Entry (CPOE)
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Computerized Physician Order Entry (CPOE) Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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