Product Code: 978-1-68038-949-4
Computerized Physician Order Entry Market Growth & Trends:
The global computerized physician order entry market size is expected to reach USD 2.97 billion in 2030 and is projected to grow at a CAGR of 6.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Government and other independent healthcare organizations are striving to streamline care delivery process with the prime objectives of bringing automation, reducing errors, and bringing an overall reduction in clinical decision time especially in the developed economies. CPOE provides a viable platform to support aforementioned objectives. Hence, promotion by government agencies as well as healthcare organizations is spurring the growth of the CPOE market. In addition, increasing incidence of medication errors, caused by poor legibility, communication, and patient misuse, favor the implementation of CPOE. Furthermore, consistent influx of technologically advanced systems such as integrated CPOE with added benefits such as inventory management and easy documentation, act as a vital driver of CPOE market growth.
Computerized Physician Order Entry Market Report Highlights:
- The computerized physician order entry (CPOE) services sub-segment dominated the component segment in 2023. Enhanced outsourcing of several services coupled with increasing involvement of the professional skills contributed to their growth as compared to CPOE hardware and software sub-segments. Moreover, outsourcing renders increased process efficiency along with development of core competencies and reduced costs.
- Integrated CPOE systems held a substantial share of more than 72.5% in 2023. Also, this segment is projected to witness lucrative growth over the forecast period, which can be attributed to their competent connectivity across various functionalities such as nursing, pharmacy, and procurement.
- Web-based deployment delivery mode segment witnessed highest demand in 2023, increasing penetration of internet services and augmented digital literacy contributed to emergent demand for these services.
- On the other hand, cloud-based delivery systems are anticipated to gain substantial market share over the forecast period. These systems are facilitated with features such as remote data access and data security which render a competitive edge over other systems.
- Hospitals led the end-use segment and are also expected to witness lucrative growth in the next 8 years. Greater volume of patients as compared to other end users is the prime factor responsible for high preference of hospitals thereby driving the market growth.
- Asia Pacific is projected to grow with a sturdy rate over the forecast period. Large target population base coupled with increasing preference for advanced technological platforms and high unmet needs present market players with the opportunity to invest in this region.
- Some of the key players in this market include CliniComp; Veradigm LLC, GE HealthCare, MCKESSON CORPORATION, Analytix, OptumHealth, and Verisk. The notable initiatives in the industry include new product launches, collaboration with government bodies, and investments in R&D.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Computerized Physician Order Entry Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Computerized Physician Order Entry Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Computerized Physician Order Entry Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Computerized Physician Order Entry Market: Type Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Integrated
- 4.3.1. Integrated Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Standalone
- 4.4.1. Standalone Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Computerized Physician Order Entry Market: Component Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Computerized Physician Order Entry Market: Component Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Software
- 5.3.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Hardware
- 5.4.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Services
- 5.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Computerized Physician Order Entry Market: Delivery Mode Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Computerized Physician Order Entry Market: Delivery Mode Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. On-Premises
- 6.3.1. On-Premises Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Web-Based
- 6.4.1. Web-Based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Cloud-Based
- 6.5.1. Cloud-Based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million
Chapter 7. Computerized Physician Order Entry Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Computerized Physician Order Entry Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 7.3. Hospital
- 7.3.1. Hospital Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Ambulatory Centers
- 7.4.1. Ambulatory Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Physician's Office
- 7.5.1. Physician's Office Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Emergency Healthcare Services
- 7.6.1. Emergency Healthcare Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Computerized Physician Order Entry Market: Regional Estimates & Trend Analysis
- 8.1. Computerized Physician Order Entry Market Share, By Region, 2023 & 2030 (USD Million)
- 8.2. North America
- 8.2.1. North America Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. U.K.
- 8.3.2.1. U.K. Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.5. Italy
- 8.3.5.1. Italy Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.6. Spain
- 8.3.6.1. Spain Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.7. Denmark
- 8.3.7.1. Denmark Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.8. Sweden
- 8.3.8.1. Sweden Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.9. Norway
- 8.3.9.1. Norway Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Japan
- 8.4.2.1. Japan Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. China
- 8.4.3.1. China Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. India Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Australia
- 8.4.5.1. Australia Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6. South Korea
- 8.4.6.1. South Korea Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.7. Thailand
- 8.4.7.1. Thailand Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.3. Argentina
- 8.5.3.1. Argentina Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. South Africa
- 8.6.2.1. South Africa Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. Saudi Arabia
- 8.6.3.1. Saudi Arabia Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.4. UAE
- 8.6.4.1. UAE Computerized Physician Order Entry Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles
- 9.4.1. IBM
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Recent Developments/ Strategic Initiatives
- 9.4.2. Oracle
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Recent Developments/ Strategic Initiatives
- 9.4.3. Cerner Corporation
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Recent Developments/ Strategic Initiatives
- 9.4.4. SAS Institute Inc.
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Recent Developments/ Strategic Initiatives
- 9.4.5. Veradigm LLC
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Recent Developments/ Strategic Initiatives
- 9.4.6. Optum, Inc.
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Recent Developments/ Strategic Initiatives
- 9.4.7. Verisk Analytics, Inc.
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Recent Developments/ Strategic Initiatives
- 9.4.8. Athenahealth, Inc.
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Recent Developments/ Strategic Initiatives
- 9.4.9. Carestream Health
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Recent Developments/ Strategic Initiatives
- 9.4.10. Philips Healthcare
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Recent Developments/ Strategic Initiatives