Global Computerized Physician Order Entry (CPOE) Market is Estimated to Grow at a CAGR of 6.6%

Date: 2015-08-10

The global computerized physician order entry (CPOE) market is estimated to grow at a CAGR of 6.6% from 2014 to 2019. Although North America held the largest share of the global CPOE market, Asia is expected to grow at the highest CAGR. The global CPOE market is expected to grow at a high rate due to various factors favoring this market. Some of the factors include the increasing use of information technology in the healthcare field, rising awareness regarding the benefits of electrical records, and government initiatives and reimbursement in the related field. 

In this report, the global CPOE market is broadly classified on the basis of type, deployment, component, end user, and geography. On the basis of types, the market is segmented into standalone CPOE and Integrated CPOE. On the basis of components, the market is segmented into hardware, services, and software. By end user, this market is categorized into emergency healthcare service providers, hospitals, nurses, and office-based physicians. On the basis of deployment, the market is segmented into cloud-based, web-based, and on-premise.

Geographically, the market is divided into North America, Asia, Europe, and RoW. North America commanded the largest share of the global CPOE market in 2014, followed by Europe. The government initiatives in the U.S. are driving the global CPOE market. For instance, the Health Information Technology for Economic and Clinical Health (HITECH) Act signed by Obama on February 17, 2009 had a huge impact on the EHR adoption. The HITECH Act would provide incentives to healthcare organizations for CPOE systems implementation by 2015.

The report has profiled the leading players of this market along with the developments (mergers and acquisitions, new product launches, and agreements) adopted by the companies over the past few years and strategies adopted by them to sustain and strengthen their positions in the global CPOE market. Carestream Health, Inc. (U.S.), eClinicalWorks LLC (U.S.), McKesson Corporation (U.S.), athenahealth (U.S.), Siemens Healthcare AG (Germany), Allscripts (U.S.), GE Healthcare (U.K.), Philips Healthcare (Netherlands), Epic Systems Corporation (U.S.), and Cerner Corporation (U.S.) are some of the key players engaged in this market.

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