Asian Computerized Physician Order Entry Market is Estimated to Register a CAGR of 7.0%

Date: 2015-07-20

“The Asian Computerized Physician Order Entry market is estimated to register a CAGR of 7.0% between 2014 and 2019. Although Japan holds the largest share in the Computerized Physician Order Entry market, India is projected to register the highest CAGR of 7.1% during the forecast period in this regional market. The increasing demand of efficient and integrated healthcare IT systems and initiatives by government bodies for implementation of these systems in healthcare facilities are the leading growth factors for the Asian CPOE market. In addition, emerging economies, for example India, are creating growth opportunities for this market in Asia.   

In this report, the Asian Computerized Physician Order Entry market has been classified by type, component, deployment, and end-users. The type segment is further categorized into integrated and standalone computerized physician order entry. Component segment is classified into hardware, software, and services. Deployment is further classified into on-premise, web-based, and cloud-based systems, while end-users segment is classified into office-based physician, hospitals, emergency healthcare service providers, and nurses.

Japan held the largest share of 35.2% of the Asian Computerized Physician Order Entry market in 2014, followed by China. The Computerized Physician Order Entry market in Japan is primarily driven by factors including technological advancements and increasing government initiatives. India is estimated to register the highest CAGR of 7.1% between 2014 and 2019. Factors including large population base, rising incidences of chronic diseases, and increasing healthcare awareness are propelling the growth of the Computerized Physician Order Entry market in India.

The Asian Computerized Physician Order Entry market is a competitive market with a number of market players, including Allscripts (U.S.), Athenahealth (U.S.), Cerner Corporation (U.S.), Carestream Health Inc. (U.S.), eClinicalWorks LLC (U.S.), Epic Systems (U.S.), GE Healthcare (U.K.), McKesson Corporation (U.S.), Philips Healthcare (Netherlands), Practice Fusion (U.S.), and Siemens Healthcare AG (Germany) serving the users with varied offerings. New product launches and partnerships, agreements, collaborations, and joint ventures are the key strategies adopted by most market players to achieve growth in the Computerized Physician Order Entry market.    
 

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