Global Computerized Physician Order Entry Systems Market 2023 – Software to Witness Highest Growth | Says PMR

A computerized physician order entry (CPOE) system is a healthcare information system used to capture, store, manage, and transmit a medical practitioner’s instructions electronically, for patients’ treatment.

The global revenues of the computerized physician order entry systems market are projected to escalate up to US$ 1.48 Bn in 2020, up from US$ 999.4 Mn, recorded in 2014. Over the forecast period 2014-2020, the market will expand at a CAGR of 6.8%.

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CPOE systems are widely used in hospitals and other healthcare settings, and their adoption has increased significantly over the past few decades. In addition to traditional CPOE systems, there are also mobile apps and other technologies that enable healthcare providers to enter orders electronically from any location.

There are several key benefits to using CPOE systems, including:

  • Improved accuracy: CPOE systems can reduce the risk of errors by automatically checking for drug interactions, allergies, and other contraindications. They can also help to ensure that orders are legible and unambiguous, which can be especially important when working with handwritten orders.
  • Increased efficiency: CPOE systems can help to streamline the ordering process, reducing the time it takes to enter and transmit orders. This can help to reduce wait times and improve patient care.
  • Better communication: CPOE systems can facilitate better communication between healthcare providers by providing a clear record of orders and changes. This can help to ensure that everyone is on the same page and that orders are not lost or miscommunicated.
  • Enhanced safety: By reducing the risk of errors and adverse events, CPOE systems can help to improve patient safety.

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The market for CPOE systems is expected to continue growing in the coming years, driven by increasing demand for healthcare technology and the ongoing adoption of electronic health records (EHRs). In addition, the COVID-19 pandemic has highlighted the importance of electronic systems for enabling remote care and reducing the risk of transmission of infectious diseases.

Segment Analysis

Based on the delivery mode, the global computerized physician order entry systems market is segmented into web based CPOE, on premise CPOE, and cloud based CPOE. On the basis of components, the market is segmented into software, hardware, and services, whereas by end-user, the market is segmented into hospital, pharmacy, and laboratory.

Component segment is anticipated to attract major revenues during 2014-2020. Web based CPOE is the largest mode of delivery, whereas hospital will continue to form the largest segment among end-users of computerized physician order entry systems. Cloud based CPOE is the fastest growing mode of delivery and laboratory CPOE is the fastest growing end users of computerized physician order entry systems.

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By Delivery Mode

  • Web-Based CPOE
  • On-Premise CPOE
  • Cloud-Based CPOE

By Components

  • Software
  • Hardware
  • Services

By End-User

  • Hospital
  • Pharmacy
  • Laboratory

By Region

  • North America
  • Europe
  • Asia

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