Computerised Physician Order Entry Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Computerised Physician Order Entry market, delivering key insights on market size, trends, and forecasts for the period from 2023 to 2033.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $5.60 Billion |
| CAGR (2023-2033) | 9.2% |
| 2033 Market Size | $13.91 Billion |
| Top Companies | Epic Systems Corporation, Cerner Corporation, Allscripts Healthcare Solutions, McKesson Corporation, MEDITECH |
| Last Modified Date | 15 November 2024 |
Computerised Physician Order Entry Market Overview
What is the Market Size & CAGR of the Computerised Physician Order Entry market in 2023?
Computerised Physician Order Entry Industry Analysis
Computerised Physician Order Entry Market Segmentation and Scope
Request a custom research report for industry.
Computerised Physician Order Entry Market Analysis Report by Region
Europe Computerised Physician Order Entry Market Report:
Europe's CPOE market is anticipated to grow from $1.48 billion in 2023 to $3.67 billion by 2033, supported by government initiatives promoting digital health technologies and a shift towards patient-centered care.Asia Pacific Computerised Physician Order Entry Market Report:
The Asia-Pacific CPOE market is forecasted to grow from $1.09 billion in 2023 to $2.72 billion by 2033, reflecting a growing emphasis on digital healthcare solutions driven by the region's expanding health IT industry and rising demand for improved patient management systems.North America Computerised Physician Order Entry Market Report:
North America remains the largest regional market, with the CPOE market expected to rise from $1.84 billion in 2023 to $4.58 billion by 2033. The presence of major healthcare service providers and stringent regulations mandating electronic health record usage drive the demand in this region.South America Computerised Physician Order Entry Market Report:
In South America, the CPOE market is projected to expand from $0.43 billion in 2023 to $1.07 billion in 2033. This growth can be attributed to increasing investments in healthcare infrastructure and technology adoption in various countries.Middle East & Africa Computerised Physician Order Entry Market Report:
The CPOE market in the Middle East and Africa is projected to increase from $0.76 billion in 2023 to $1.88 billion by 2033, with growth stemming from rising healthcare expenditure and a push towards modernization in healthcare systems.Request a custom research report for industry.
Computerised Physician Order Entry Market Analysis By Solution
Global Computerised Physician Order Entry Market, By Solution Market Analysis (2024 - 2033)
In terms of solutions, the CPOE market is categorized into Basic and Advanced Solutions. Basic Solutions, comprising $4.49 billion in 2023 and projected to reach $11.15 billion by 2033, dominate the market due to their cost-effectiveness and essential functionalities. Meanwhile, Advanced Solutions, valued at $1.11 billion in 2023 and expected to grow to $2.77 billion by 2033, are gaining traction due to their advanced features like data analytics and integration capabilities.
Computerised Physician Order Entry Market Analysis By Deployment Type
Global Computerised Physician Order Entry Market, By Deployment Type Market Analysis (2024 - 2033)
Segmented by deployment type, the Cloud-Based solutions lead with a market size of $4.49 billion in 2023, expected to hit $11.15 billion by 2033, owing to their flexibility and lower upfront costs. In contrast, On-Premises solutions account for $1.11 billion in 2023 and are expected to grow to $2.77 billion, as some organizations prefer them for data security and control.
Computerised Physician Order Entry Market Analysis By End User
Global Computerised Physician Order Entry Market, By End-User Market Analysis (2024 - 2033)
For end-user segmentation, Hospitals lead with a market share of 68.28%, valued at $3.82 billion in 2023 and projected to reach $9.50 billion by 2033. Ambulatory Settings follow at 20.65%, estimated at $1.16 billion in 2023, reaching $2.87 billion by 2033. Clinical Laboratories also play a significant role, valued at $0.62 billion in 2023, expecting to grow to $1.54 billion.
Computerised Physician Order Entry Market Analysis By Functionality
Global Computerised Physician Order Entry Market, By Functionality Market Analysis (2024 - 2033)
Analyzing by functionality, Medication Ordering remains the most significant segment, with a market size of $3.82 billion and a share of 68.28% in 2023. Lab Ordering follows with a share of 20.65%, valued at $1.16 billion. Radiology Ordering, although smaller, at $0.62 billion, contributes 11.07% to the market, reflecting its essential role in diagnostic procedures.
Computerised Physician Order Entry Market Analysis By Technology
Global Computerised Physician Order Entry Market, By Technology Market Analysis (2024 - 2033)
The technology analysis reveals that Cloud-Based solutions command a prominent market share of 80.12% in 2023, valued at $4.49 billion, and likely to rise to $11.15 billion by 2033. On-Premises technology, while smaller at $1.11 billion, with a share of 19.88%, reflects a stable demand driven by organizations favoring greater data management control.
Computerised Physician Order Entry Market Trends and Future Forecast
Request a custom research report for industry.
Global Market Leaders and Top Companies in Computerised Physician Order Entry Industry
Epic Systems Corporation:
Epic is a leader in health informatics, focusing on CPOE systems that enhance clinical collaboration and decision-making.Cerner Corporation:
Cerner offers comprehensive health information technology solutions, including CPOE systems that improve healthcare delivery and outcomes.Allscripts Healthcare Solutions:
Allscripts provides technology solutions that increase hospital efficiency and optimize patient care through advanced CPOE systems.McKesson Corporation:
McKesson delivers healthcare management solutions, helping providers implement effective CPOE systems to enhance patient safety.MEDITECH:
MEDITECH specializes in electronic health record solutions and CPOE systems that foster healthcare innovation and improve care quality.We're grateful to work with incredible clients.
Related Industries
FAQs
What is the market size of Computerised Physician Order Entry?
The global Computerised Physician Order Entry market is valued at $5.6 billion in 2023, with a robust projected growth at a CAGR of 9.2%, indicating significant expansion as the industry evolves towards integrated healthcare solutions.
What are the key market players or companies in the Computerised Physician Order Entry industry?
Key players in the Computerised Physician Order Entry market include large healthcare IT companies, system integrators, and software vendors across various sectors, often competing on innovation, user experience, and integration capabilities for superior healthcare delivery.
What are the primary factors driving the growth in the Computerised Physician Order Entry industry?
Key growth factors include increasing digitization in healthcare, the need for efficient medication management, improved patient safety, rising regulatory requirements, and the shift towards value-based care which fosters the integration of advanced healthcare technologies.
Which region is the fastest Growing in the Computerised Physician Order Entry?
The fastest-growing region for Computerised Physician Order Entry is North America, projected to grow from $1.84 billion in 2023 to $4.58 billion by 2033, driven by technological advancements and robust healthcare infrastructure.
Does ConsaInsights provide customized market report data for the Computerised Physician Order Entry industry?
Yes, ConsaInsights offers tailored market reports that cater to specific needs within the Computerised Physician Order Entry industry, allowing clients to access granular data and insights tailored to their strategic objectives.
What deliverables can I expect from this Computerised Physician Order Entry market research project?
Deliverables include comprehensive market analysis, segmented data, competitive landscape assessments, growth forecasts, and actionable insights that empower clients to make informed strategic decisions in the Computerised Physician Order Entry domain.
What are the market trends of Computerised Physician Order Entry?
Current market trends indicate a shift towards cloud-based solutions, increased interoperability among systems, growing demand for mobile access, and an emphasis on data analytics to improve clinical outcomes and streamline order processes.