Growth Opportunities and Trends in the Computerized Physician Order Entry Market: Key Insights for 2025-2034
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How has the computerized physician order entry market grown in recent years?
The computerized physician order entry market has grown significantly, with estimates showing an increase from $2.08 billion in 2024 to $2.27 billion in 2025, reflecting a CAGR of 9.5%. Growth factors include the adoption of electronic health records (EHR) systems, government incentives for healthcare digitization, efforts to reduce medication errors and enhance patient safety, the rising need for efficient order management, and an increasing demand for improved healthcare workflows.
How is the computerized physician order entry market size expected to evolve during the forecast period?
The computerized physician order entry (CPOE) market is set for strong growth, reaching $3.23 billion by 2029 with a CAGR of 9.2%. Factors contributing to this expansion include the continued adoption of value-based care models, growth in personalized medicine, expansion of interoperability standards in health IT, a rising focus on patient-centered care, and increased investments in cybersecurity for healthcare data protection. Key trends include AI integration, the adoption of cloud-based CPOE solutions, machine learning applications, mobile and remote access capabilities, a focus on cybersecurity, and advanced user interfaces with voice recognition.
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Which key drivers are propelling the computerized physician order entry market’s growth?
The rising frequency of medication errors is expected to boost the growth of the computerized physician order entry (CPOE) market. Medication errors, including incorrect dosages and miscommunications among healthcare providers, pose significant risks. Factors such as similar drug names and incomplete patient information contribute to these errors. CPOE systems reduce errors by automating prescription processes and ensuring accurate drug administration. According to a September 2022 World Health Organization report, medication errors cost one country $2.16 billion, or 3% of national healthcare expenditures, with 237 million errors reported annually, including 66 million potentially significant cases. As a result, the increasing incidence of medication errors is driving CPOE market growth.
What are the market segments in the computerized physician order entry industry?
The computerized physician order entrymarket covered in this report is segmented –
1) By Type: Standalone Computerized Physician Order Entry (CPOE), Integrated Computerized Physician Order Entry (CPOE)
2) By Component: Hardware, Software, Services
3) By Deployment: Web-Based, Cloud-Based, On-Premise
4) By End User: Pharmacies, Hospitals, Emergency Healthcare Service Providers, Office-Based Physicians, Other End Users
Subsegments:
1) By Standalone Computerized Physician Order Entry (CPOE): Single-Function CPOE Systems, Specialty-Specific Standalone CPOE Solutions, Customizable Standalone CPOE Applications
2) By Integrated Computerized Physician Order Entry (CPOE): Fully Integrated EHR (Electronic Health Record) CPOE Systems, CPOE with Decision Support Systems (DSS), Integrated CPOE with Laboratory and Pharmacy Management Systems, Comprehensive Healthcare Management Systems With CPOE Functionality
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Which leading companies are shaping the growth of the computerized physician order entry market?
Major companies operating in the computerized physician order entry market are UnitedHealth Group, McKesson Corporation, Kaiser Permanente, International Business Machines Corp (IBM), Siemens Healthineers, Philips Healthcare Inc., GE HealthCare Technologies Inc., Epic Systems Corporation, Athenahealth Inc., eClinicalWorks LLC, Allscripts Healthcare Solutions Inc., NextGen Healthcare, Medical Information Technology Inc. (Meditech), Computer Programs and Systems Inc., Greenway Health LLC, CareCloud Inc., Medhost, Picis Clinical Solutions, CliniComp International Inc., Zynx Health Inc.
What key trends are currently impacting the computerized physician order entry market’s development?
Leading companies in the computerized physician order entry market are turning to strategic collaborations to advance wireless and cloud technologies for handling high-volume tasks. Strategic collaborations involve businesses capitalizing on each other’s assets and strong points to reap mutual advantages and triumph. For instance, in August 2023, Microsoft Corporation, a technology company based in the US, joined hands with Epic Systems Corporation, a US-based healthcare software company. Their partnership aimed at delivering a cloud-based electronic health records (EHR) solution that greatly upgraded the functionalities of computerized physician order entry (CPOE) systems. The merger of Epic’s EHR with Microsoft Azure enables healthcare professionals to effectively manage substantial EHR database loads, thus ensuring immediate access to patient information and streamlining clinical procedures.
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Which geographic areas are influencing the growth of the computerized physician order entry market?
North America was the largest region in the computerized physician order entry market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the computerized physician order entry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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