Computerized Physician Order Entry (CPOE) Market – Analysis and Forecast 2024 | Siemens AG, Carestream Health.

Computerized physician order entry (CPOE) is an electronic entry process which helps healthcare practitioners to go through medical orders into computer systems which are within a hospital setting. It helps to reduce errors related to handwriting and time taken for order completion. The global computerized physician order entry market is growing at a significant rate due to the mounting need for integrated healthcare. Different types of CPOE contributed to the computerized physician order entry market size. The market has witnessed a high demand for integrated CPOE in the coming years due to its connectivity through several functionalities such as pharmacy, procurement, and nursing.

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Lack of skilled professionals, high cost and time-consuming installation cost, lack of awareness among physicians and interoperability issues are the major challenges for the growth of computerized physician order entry market.

Globally, the manufacturing companies trying to enter the computerized physician order entry market are required to maintain stringent regulatory standards. This offers an edge to the established players in the industry competition.

Asia-Pacific is observed to witness the fastest growth in the market, due to the mounting demand for better healthcare. In addition, increasing occurrence of chronic and lifestyle associated diseases, improving healthcare infrastructure, alertness about the benefits of computerized patient data management systems and expanding geriatric population are also creating a positive impact on the computerized physician order entry market growth in the region.

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In September 2010, RelayHealth, a McKesson’s connectivity business, launched Connected Orders, a workflow solution which links ambulatory-care physicians with hospital, laboratories, imaging centers and patients to computerize the test ordering process. Allscripts Healthcare Solutions, Inc., EPIC Systems, Mckesson Corporation, Athenahealth, Inc., General Electric Company, Siemens AG, Carestream Health, Medical Information Technology, Inc., Cerner Corporation, Royal Philips and eClinicalWorks are the key players offering computerized physician order entry solutions.

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