Computerized Physician Order Entry Market
Computerized Physician Order Entry Market Overview
The report is titled as ‘Computerized Physician Order Entry Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the computerized physician order entry market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Computerized physician order entry market is expected to grow with significant rate in the near future.
The global computerized physician order entry Market in 2020 is estimated for more than US$ 1.5 Bn and expected to reach a value of US$ 2.4 Bn by 2028 with a significant CAGR of 6.3%.
Computerized Physician Order Entry Market Definition
A computerized physician order entry (CPOE) system, known as computerized provider order entry as well, is an electronic application that acts as an information system that apprehends and collects physician's directions and guidance as well as assists in enhancing the competence of patient-care administration.
The computerized physician order entry (CPOE) system makes secure and appropriate assemblage and transmission of patient’s health information between clinics, laboratories, pharmacy, radiology, and other healthcare agencies.
The pharmacists and specialists can go through the patient entry orders, status, register their personal details, and give out data in a simple-to-use patient record. The numerous benefits of the computerized physician order entry system such as non-repetition of tests, reduction in duration of stay, enhanced cost savings and decreased turnaround time for laboratory tests is promoting its utility in various applications. Owing to this, the computerized physician order entry market is projected to grow rapidly in the coming years.
Computerized Physician Order Entry Market Dynamics
The evolution in the healthcare industry over the past decade and the adoption of better and technologically advanced alternatives have majorly driven the growth of the computerized physician order entry market all these years.
Moreover, in the present-day world, there is an upsurge in healthcare IT adoption that increases the efficiency of the working of hospitals and other healthcare agencies and offers improved treatment to patients all across the world.
Along with that, several governments, all across the globe, are also taking huge initiatives in order to enhance the services provided to patients and providing abundant financing for the further growth of the computerized physician order entry market in the near future.
The soaring count of patients worldwide is fueling the count of medical errors simultaneously, which in turn accelerates the demand for integrated healthcare as well as automated systems in the healthcare agencies, thereby stimulating the demand for computerized physician order entry (CPOE) systems in the market. Hence, the computerized physician order entry market is expected to witness significant growth during the forecast timeframe.
However, the computerized physician order entry system is of high cost and time-consuming for installation, which is considered a few restraining factors that may hold back the growth of the computerized physician order entry market growth in the near future.
Computerized Physician Order Entry Market Segmentation
Computerized physician order entry market is segmented on the basis of type, component, deployment mode, end-user, and by region.
By Type
Integrated CPOE
Standalone CPOE
By Component
Services
Software
Hardware
By Deployment Mode
Web-Based
On Premise
Cloud-Based
By End-User
Office-Based Physicians
Hospitals
Emergency Healthcare Service Providers
Nurses
Other End-Users
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Computerized Physician Order Entry Market Key Players
Some of the key participating players in computerized physician order entry market are Allscripts, Athenahealth, Inc., Siemens Healthcare, Philips Healthcare, Medical Information Technology, Inc., Cerner Corporation, eClinicalWorks LLC, Epic systems, GE healthcare, Mckesson Corporation, Carestream Health and others.
MMC Overview on Computerized Physician Order Entry Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Computerized Physician Order Entry market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Computerized Physician Order Entry
• Advantage of Computerized Physician Order Entry
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Computerized Physician Order Entry Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Computerized Physician Order Entry Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Computerized Physician Order Entry Market Snapshot
2.4. Global Computerized Physician Order Entry Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Computerized Physician Order Entry Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Computerized Physician Order Entry Market, By Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Type
3.1.2. BPS Analysis, By Type
3.2. Market Revenue (US$Mn) Forecast, By Type
3.2.1. Integrated
3.2.2. Standalone
3.3. Global Computerized Physician Order Entry Market Attractiveness Index, By Type
4. Global Computerized Physician Order Entry Market, By Component, 2020–2028
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Component
4.1.2. BPS Analysis, By Component
4.2. Market Revenue (US$Mn) Forecast, By Component
4.2.1. Hardware
4.2.2. Software
4.2.3. Service
4.3. Global Computerized Physician Order Entry Market Attractiveness Index, By Component
5. Global Computerized Physician Order Entry Market, By Deployment, 2020–2028
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Deployment
5.1.2. BPS Analysis, By Deployment
5.2. Market Revenue (US$Mn) Forecast, By Deployment
5.2.1. Web-Based
5.2.2. On-Premise
5.2.3. Cloud-Based
5.3. Global Computerized Physician Order Entry Market Attractiveness Index, By Deployment
6. Global Computerized Physician Order Entry Market, By End User, 2020–2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By End User
6.1.2. BPS Analysis, By End User
6.2. Market Revenue (US$Mn) Forecast, By End User
6.2.1. Hospitals
6.2.2. Office-Based Physicians
6.2.3. Emergency Healthcare Service Providers
6.2.4. Others
6.3. Global Computerized Physician Order Entry Market Attractiveness Index, By End User
7. Global Computerized Physician Order Entry Market, By Region, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Region
7.1.2. BPS Analysis, By Region
7.2. Market Revenue (US$Mn) Forecast, By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Europe
7.2.4. Asia Pacific
7.2.5. Middle East
7.2.6. Africa
7.3. Global Computerized Physician Order Entry Market Attractiveness Index, By Region
8. North America Computerized Physician Order Entry Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) Forecast, By Country
8.2.1. U.S. Computerized Physician Order Entry Market
8.2.2. Canada Computerized Physician Order Entry Market
8.3. North America Computerized Physician Order Entry Market, By Type
8.3.1. Integrated
8.3.2. Standalone
8.4. North America Computerized Physician Order Entry Market, By Component
8.4.1. Hardware
8.4.2. Software
8.4.3. Service
8.5. North America Computerized Physician Order Entry Market, By Deployment
8.5.1. Web-Based
8.5.2. On-Premise
8.5.3. Cloud-Based
8.6. North America Computerized Physician Order Entry Market, By End User
8.6.1. Hospitals
8.6.2. Office-Based Physicians
8.6.3. Emergency Healthcare Service Providers
8.6.4. Others
8.7. North America Computerized Physician Order Entry Market Attractiveness Index
8.7.1. By Country
8.7.2. By Type
8.7.3. By Component
8.7.4. By Deployment
8.7.5. By End User
9. Latin America Computerized Physician Order Entry Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. Brazil Computerized Physician Order Entry Market
9.2.2. Mexico Computerized Physician Order Entry Market
9.2.3. Argentina Computerized Physician Order Entry Market
9.2.4. Rest of Latin America Computerized Physician Order Entry Market
9.3. Latin America Computerized Physician Order Entry Market, By Type
9.3.1. Integrated
9.3.2. Standalone
9.4. Latin America Computerized Physician Order Entry Market, By Component
9.4.1. Hardware
9.4.2. Software
9.4.3. Service
9.5. Latin America Computerized Physician Order Entry Market, By Deployment
9.5.1. Web-Based
9.5.2. On-Premise
9.5.3. Cloud-Based
9.6. Latin America Computerized Physician Order Entry Market, By End User
9.6.1. Hospitals
9.6.2. Office-Based Physicians
9.6.3. Emergency Healthcare Service Providers
9.6.4. Others
9.7. Latin America Computerized Physician Order Entry Market Attractiveness Index
9.7.1. By Country
9.7.2. By Type
9.7.3. By Component
9.7.4. By Deployment
9.7.5. By End User
10. Europe Computerized Physician Order Entry Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. U.K. Computerized Physician Order Entry Market
10.2.2. Germany Computerized Physician Order Entry Market
10.2.3. Italy Computerized Physician Order Entry Market
10.2.4. France Computerized Physician Order Entry Market
10.2.5. Spain Computerized Physician Order Entry Market
10.2.6. Russia Computerized Physician Order Entry Market
10.2.7. Poland Computerized Physician Order Entry Market
10.2.8. BENELUX Computerized Physician Order Entry Market
10.2.9. NORDIC Computerized Physician Order Entry Market
10.2.10. Rest of Europe Computerized Physician Order Entry Market
10.3. Europe Computerized Physician Order Entry Market, By Type
10.3.1. Integrated
10.3.2. Standalone
10.4. Europe Computerized Physician Order Entry Market, By Component
10.4.1. Hardware
10.4.2. Software
10.4.3. Service
10.5. Europe Computerized Physician Order Entry Market, By Deployment
10.5.1. Web-Based
10.5.2. On-Premise
10.5.3. Cloud-Based
10.6. Europe Computerized Physician Order Entry Market, By End User
10.6.1. Hospitals
10.6.2. Office-Based Physicians
10.6.3. Emergency Healthcare Service Providers
10.6.4. Others
10.7. Europe Computerized Physician Order Entry Market Attractiveness Index
10.7.1. By Country
10.7.2. By Type
10.7.3. By Component
10.7.4. By Deployment
10.7.5. By End User
11. Asia Pacific Computerized Physician Order Entry Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. China Computerized Physician Order Entry Market
11.2.2. India Computerized Physician Order Entry Market
11.2.3. Japan Computerized Physician Order Entry Market
11.2.4. Australia and New Zealand Computerized Physician Order Entry Market
11.2.5. South Korea Computerized Physician Order Entry Market
11.2.6. ASEAN Computerized Physician Order Entry Market
11.2.7. Rest of Asia Pacific Computerized Physician Order Entry Market
11.3. Asia Pacific Computerized Physician Order Entry Market, By Type
11.3.1. Integrated
11.3.2. Standalone
11.4. Asia Pacific Computerized Physician Order Entry Market, By Component
11.4.1. Hardware
11.4.2. Software
11.4.3. Service
11.5. Asia Pacific Computerized Physician Order Entry Market, By Deployment
11.5.1. Web-Based
11.5.2. On-Premise
11.5.3. Cloud-Based
11.6. Asia Pacific Computerized Physician Order Entry Market, By End User
11.6.1. Hospitals
11.6.2. Office-Based Physicians
11.6.3. Emergency Healthcare Service Providers
11.6.4. Others
11.7. Asia Pacific Computerized Physician Order Entry Market Attractiveness Index
11.7.1. By Country
11.7.2. By Type
11.7.3. By Component
11.7.4. By Deployment
11.7.5. By End User
12. Middle East Computerized Physician Order Entry Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. GCC Countries Computerized Physician Order Entry Market
12.2.2. Israel Computerized Physician Order Entry Market
12.2.3. Oman Computerized Physician Order Entry Market
12.2.4. Rest of Middle East Computerized Physician Order Entry Market
12.3. Middle East Computerized Physician Order Entry Market, By Type
12.3.1. Integrated
12.3.2. Standalone
12.4. Middle East Computerized Physician Order Entry Market, By Component
12.4.1. Hardware
12.4.2. Software
12.4.3. Service
12.5. Middle East Computerized Physician Order Entry Market, By Deployment
12.5.1. Web-Based
12.5.2. On-Premise
12.5.3. Cloud-Based
12.6. Middle East Computerized Physician Order Entry Market, By End User
12.6.1. Hospitals
12.6.2. Office-Based Physicians
12.6.3. Emergency Healthcare Service Providers
12.6.4. Others
12.7. Middle East Computerized Physician Order Entry Market Attractiveness Index
12.7.1. By Country
12.7.2. By Type
12.7.3. By Component
12.7.4. By Deployment
12.7.5. By End User
13. Africa Computerized Physician Order Entry Market Analysis and Forecast, 2020–2028
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. South Africa Computerized Physician Order Entry Market
13.2.2. Egypt Computerized Physician Order Entry Market
13.2.3. North Africa Computerized Physician Order Entry Market
13.2.4. Rest of Africa Computerized Physician Order Entry Market
13.3. Africa Computerized Physician Order Entry Market, By Type
13.3.1. Integrated
13.3.2. Standalone
13.4. Africa Computerized Physician Order Entry Market, By Component
13.4.1. Hardware
13.4.2. Software
13.4.3. Service
13.5. Africa Computerized Physician Order Entry Market, By Deployment
13.5.1. Web-Based
13.5.2. On-Premise
13.5.3. Cloud-Based
13.6. Africa Computerized Physician Order Entry Market, By End User
13.6.1. Hospitals
13.6.2. Office-Based Physicians
13.6.3. Emergency Healthcare Service Providers
13.6.4. Others
13.7. Africa Computerized Physician Order Entry Market Attractiveness Index
13.7.1. By Country
13.7.2. By Type
13.7.3. By Component
13.7.4. By Deployment
13.7.5. By End User
14. Recommendation
14.1. Market Strategy
15. Competitive Landscape
15.1. Competition Dashboard
15.2. List and Company Overview of Global Key Players
15.3. Company Profiles
15.3.1. Athenahealth, Inc.
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Type Portfolio
15.3.1.4. Key Developments
15.3.1.5. Business Strategies
15.3.2. Carestream Health
15.3.3. Cerner Corporation
15.3.4. EPIC Systems, Corporation
15.3.5. Eclinicalworks, Llc
15.3.6. GE Healthcare
15.3.7. Mckesson Corporation
15.3.8. Medical Information Technology, Inc.
15.3.9. Philips Healthcare
15.3.10. Siemens Healthcare
16. Acronyms