Computerized Physician Order Entry Market

Computerized Physician Order Entry Market worth 1379 Million USD by 2019

The report "Computerized Physician Order Entry Market by Type (Integrated, Standalone), by Component (Hardware, Software, Services), by Deployment, by End User (Emergency Healthcare Service Provider, Hospitals, Office Based Physicians), by Geography - Global Trends & Forecast to 2019", the global computerized physician order entry (CPOE) market was valued at $999.9 Million in 2014,and Computerized Physician Order Entry Market worth 379 Million USD by 2019, and is projected to grow at a CAGR of 6.6% during the forecast period from 2014 to 2019.

     Download PDF Brochure     Speak to Analyst     Inquiry Before Buying

Browse 61 tables and 68 figures spread through 111 Pages and in-depth TOC on "Computerized Physician Order Entry Market by Type (Integrated, Standalone), by Component (Hardware, Software, Services), by Deployment, by End User (Emergency Healthcare Service Provider, Hospitals, Office Based Physicians), by Geography - Global Trends & Forecast to 2019"
Early buyers will receive 10% customization on reports.

CPOE is an electronic entry process utilized by medical practitioners to enter medication orders and other treatment related instructions particularly for hospitalized patients under care. It reduces errors related to handwriting as well as reduces the time taken for order completion. The order entry is transmitted over a network to various departments within a hospital, including pharmacy, laboratory, and radiology. The CPOE market is steadily progressing, and is primarily driven by government initiatives that improve IT infrastructure and information technology, thereby reducing healthcare expenditure.

CPOE allows medical orders to be entered into EHRs directly by practitioners or other staff members, who possess specific privileges. The CPOE acronym can be interpreted differently including computerized prescription order entry, computerized physician order entry, and computerized provider order entry. The global CPOE market constitutes 5.4% of the global computerized physician order entry (CPOE) market.

CPOE has various advantages that include eliminating illegible orders, giving warnings for allergy and adverse drug reactions at the point of ordering, and providing individual order monitoring and warnings for drug-drug, drug-food, drug-laboratory, and drug-diagnosis interactions.

There is a global increase in the adoption rate of various technologies in healthcare systems that encompass electronic health records (EHR) systems, which in turn has boosted the adoption rate of CPOE. The CPOE integration with various other systems significantly reduces the implementation cost, and thus, it is increasingly becoming a part of the integrated platform for medication order management.

Although, these systems are expensive, incentives and mandates from government are expected to drive the adoption of these systems. The major barriers in the growth of this market are state of commercial CPOE systems and need for large investment.

The key players profiled in the global CPOE market are Allscripts (U.S.), Athenahealth, Inc. (U.S.), Siemens Healthcare (Germany), Philips Healthcare (Netherlands), Medical Information Technology, Inc. (U.S.), Cerner Corporation (U.S.), eClinicalWorks LLC (U.S.), Epic systems (U.S.), GE healthcare (U.K.), Mckesson Corporation (U.S.), and Carestream Health (U.S.). The major strategies adopted by the major players in this market are agreement, new product launch, and merger & acquisition.

The research study is aimed at identifying emerging trends and opportunities in the global CPOE market along with detailed classifications, in terms of revenue. It provides comprehensive competitive landscape and identifies the key players with respect to market size and market share. The research study also includes a detailed segmentation of the global CPOE market, on the basis of type, component, deployment, end-user, and region.

Apart from the market segmentation, this report also makes use of the Porter’s Five Forces Analysis, which provides an in-depth analysis of the market by providing a detailed process flow diagram and market dynamics, such as drivers, restraints, and opportunities in the global CPOE market.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]

Computerized Physician Order Entry Market Size,  Share & Growth Report
Report Code
HIT 3694
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Computerized Physician Order Entry Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets