Computerized Physician Order Entry System Market Overview
As per MRFR analysis, the Computerized Physician Order Entry CPOE System Market Size was estimated at 2.11 (USD Billion) in 2023.The Computerized Physician Order Entry CPOE System Market Industry is expected to grow from 2.27(USD Billion) in 2024 to 5.12 (USD Billion) by 2035. The Computerized Physician Order Entry CPOE System Market CAGR (growth rate) is expected to be around 7.67% during the forecast period (2025 - 2035).
Key Computerized Physician Order Entry (CPOE) System Market Trends Highlighted
The global computerized physician order entry (CPOE) system market is experiencing significant growth driven by the increasing need for efficient healthcare processes and improved patient safety. Key market drivers include the rising adoption of electronic health records, the push for digital transformation in healthcare, and regulatory requirements supporting the use of technology in medical practice. Additionally, the need to reduce medication errors and streamline the ordering process is propelling healthcare facilities toward implementing CPOE systems.There are numerous opportunities to be explored in the CPOE market, particularly with advancements in technology such as artificial intelligence and machine learning.These innovations can enhance decision support systems, allowing physicians to make more informed choices and personalize treatment plans. The integration of mobile applications and telemedicine is also presenting new avenues for CPOE systems to reach a broader audience, creating a more connected healthcare environment. Furthermore, expanding healthcare infrastructure in emerging markets offers untapped potential for growth in CPOE adoption. In recent times, there has been a notable trend towards interoperability between CPOE systems and other health information technologies. This trend is fostering better data sharing within healthcare organizations, resulting in improved patient outcomes.The emphasis on user-friendly interfaces and adaptable systems is also increasing, encouraging healthcare providers to engage more actively with these technologies. As healthcare continues to evolve, the CPOE system market is poised to adapt and grow, aligning closely with the broader goals of enhancing care delivery and achieving operational efficiency in medical settings.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Computerized Physician Order Entry CPOE System Market Drivers
Growing Need for Improved Patient Safety and Reduced Errors
The Global Computerized Physician Order Entry CPOE System Market is witnessing marked progress with a focus on improvement in patient safety and medication error issues. With intended improvements, healthcare providers are moving from order-based paper systems to more integrated solutions, for which the CPOE systems have become a prime strategy to implement. The older order entry procedures tend to be associated with many opportunities for inaccuracies, such as reading difficult handwriting and confusing and unclear names of drugs, all of which greatly compromise patient safety.
CPOE systems promote order entry accuracy using standardized order sets. CPOE improves prescription clarity and communication among clinicians. Though helpful, these changes do shift responsibility, which, as with any other change, has the potential for unintended consequences such as new errors and issues. Regulatory authorities are changing their focus from traditional methods to technology and how it can help improve patient care, which is forcing healthcare organizations to include CPOE systems in their quality improvement plans.
A surge in demand for highly efficient CPOE solutions is expected alongside the realization by healthcare organizations that improved clinical outcomes, and increased patient safety equals higher patient satisfaction scores. The CPOE systems’ interoperability with electronic health records (EHRs) is a further boon, as it provides an integrated perspective of patient data, which in turn allows clinicians to make well-informed decisions.
In this perspective, while enhancing patient safety in the healthcare system is critical, the Global Computerized Physician Order Entry CPOE System Market is anticipated to flourish as more CPOE-driven healthcare institutions adopt new technologies aimed at improving the safety and quality of patient care.
Rising Demand for Efficiency and Cost Reduction
Another prominent driver fueling the Global Computerized Physician Order Entry CPOE System Market industry is the escalating demand for operational efficiency and reduction in healthcare costs. With the ongoing transformation in the healthcare landscape, organizations are under pressure to streamline processes and minimize unnecessary expenditures. CPOE systems contribute significantly to this goal by automating order entry processes, thus reducing the time clinicians spend on administrative tasks.By minimizing the reliance on manual processes, these systems not only enhance productivity but also free up valuable resources that can be redirected toward patient care. Moreover, the integration of CPOE systems into existing healthcare frameworks results in fewer medication errors, leading to a decrease in the costs associated with adverse drug events. As healthcare providers strive to deliver high-quality services within budgetary constraints, the adoption of CPOE solutions is expected to grow rapidly.
Increased Adoption of Healthcare Informatics
The rising trend of adopting healthcare informatics plays a significant role in propelling the Global Computerized Physician Order Entry CPOE System Market industry forward. With the increasing digitization of healthcare data, there is a growing emphasis on utilizing technology to improve the overall healthcare delivery system. CPOE systems are central to this trend, offering healthcare providers sophisticated tools to make data-driven clinical decisions.The ability of these systems to integrate with other health IT solutions facilitates better coordination among healthcare teams, ensuring that all members have access to the necessary information. As the focus on interoperability and data sharing intensifies, organizations are motivated to implement CPOE systems to keep pace with emerging technologies, ultimately driving market growth.
Computerized Physician Order Entry CPOE System Market Segment Insights:
Computerized Physician Order Entry CPOE System Market Functionality Insights
The Global Computerized Physician Order Entry (CPOE) System Market, particularly in its Functionality segment, showcases a growing landscape defined by diverse offerings that cater to essential healthcare needs. As of 2024, the market reflects considerable segmentation, particularly highlighting Order Management, Decision Support, Medication Management, and Reporting and Analytics as pivotal areas driving innovation and efficiency in healthcare delivery. The Order Management aspect, projected to reach a value of 0.85 USD Billion in 2024 and grow to 1.95 USD Billion by 2035, demonstrates a majority holding in the functionality segment, evidencing the need for streamlined ordering processes that enhance accuracy and reduce processing time for healthcare providers. This segment plays a critical role in minimizing errors associated with manual orders, thereby significantly improving patient outcomes.
Similarly, Decision Support, valued at 0.65 USD Billion in 2024 and anticipated to grow to 1.5 USD Billion by 2035, underlines the importance of real-time data analytics and clinical guidance in supporting clinician decisions. This functionality not only optimizes treatment plans but also contributes to personalized patient care, making it a significant component in the CPOE landscape. The Medication Management aspect, which is set to rise from 0.55 USD Billion in 2024 to 1.25 USD Billion in 2035, further emphasizes the need for effective tracking and administration of medications, thereby addressing critical aspects of patient safety and compliance with healthcare protocols.On the other hand, Reporting and Analytics, while smaller in value with 0.22 USD Billion in 2024 and projected to increase to 0.42 USD Billion by 2035, still plays an essential role in compiling crucial data that assists healthcare facilities in quality improvement and regulatory compliance initiatives.
This segment, although currently the least dominant, serves an important function in offering insights that drive operational efficiencies and improve overall service delivery. Overall, the Functionality segment of the Global Computerized Physician Order Entry CPOE System Market signifies a robust pathway toward enhancing healthcare quality, where sub-segments such as Order Management, Decision Support, and Medication Management lead the charge in transforming the healthcare sector efficiency through technology, underpinned by a steady market growth fueled by evolving healthcare needs and the push for better clinical outcomes. This comprehensive understanding of the Global Computerized Physician Order Entry CPOE System Market segmentation lays the foundation for recognizing growing trends, challenges, and opportunities within this vital industry.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Computerized Physician Order Entry CPOE System Market Deployment Type Insights
The Global Computerized Physician Order Entry (CPOE) System Market, which is projected to reach a valuation of 2.27 USD Billion in 2024, is witnessing significant growth driven by various deployment types. The Deployment Type segment, comprising On-Premise, Cloud-Based, and Hybrid solutions, plays a crucial role in shaping the market landscape. On-solutions often dominate because of their higher security and control, appealing to healthcare institutions that prefer managing their IT infrastructure internally. Cloud-Based solutions are gaining traction due to their scalability, ease of access, and cost-effectiveness; they allow healthcare providers to optimize resources and minimize IT overhead.Hybrid deployment models emerged as a significant choice, offering a balanced approach that combines the benefits of both On-Premise and Cloud-Based systems, fostering greater flexibility in order management. These trends reflect the evolving needs of healthcare organizations looking for efficient and secure systems to enhance patient care, drive workflow efficiency, and realize the potential of digital transformation in the industry. The Global Computerized Physician Order Entry CPOE System Market segmentation highlights these three deployment types, which are instrumental in addressing the challenges faced by healthcare providers while capitalizing on opportunities for future growth.
Computerized Physician Order Entry CPOE System Market End User Insights
The Global Computerized Physician Order Entry (CPOE) System Market is projected to reach a valuation of 2.27 billion USD by 2024, driven by the increasing need for efficient and accurate healthcare solutions across various end users. Within this market, hospitals represent a significant share due to high patient volumes and the pressing demand for enhanced operational efficiency. Clinics also play a vital role, leveraging CPOE systems to streamline patient care and reduce prescription errors. Long-term care facilities are becoming increasingly important as they seek to integrate technology that supports improved patient outcomes and safety management.Pharmacies, too, are essential, as they utilize CPOE systems for better medication management and to enhance the overall pharmaceutical care provided to patients. The growth of the Global Computerized Physician Order Entry CPOE System Market is further fueled by the emphasis on digital health solutions and the increasing adoption of electronic health records (EHRs) that advocate for the automation of orders and clinical decision support. However, challenges such as high implementation costs and the need for staff training continue to pose hurdles.Despite this, the existing opportunities in market growth remain significant, especially with ongoing technological advancements and the push towards integrated healthcare services.
Computerized Physician Order Entry CPOE System Market Component Insights
The Global Computerized Physician Order Entry CPOE System Market is projected to reach a value of 2.27 USD Billion by 2024, showcasing significant growth driven by advancements in healthcare technology and the push for improved patient safety measures. The Component segment of this market includes categories such as Software, Hardware, and Services, each playing a crucial role in enhancing the functionality and efficiency of CPOE systems. Software solutions dominate this segment, providing an essential platform for clinical decision support and seamless integration into existing healthcare systems, which is vital for maintaining operational efficiency.Hardware components, while not the leading segment, are necessary for running software applications and ensuring reliable transactions in healthcare institutions. Services offered, including implementation and support, are also significant as they facilitate the effective deployment and ongoing management of CPOE systems. The Global Computerized Physician Order Entry CPOE System Market data reflects that each of these components contributes to the overall market growth, shape its dynamics, and meet the evolving needs of healthcare providers. As trends toward digitization and increased regulatory compliance continue, the significance of these components will likely rise, further expanding their market share.
Computerized Physician Order Entry CPOE System Market Regional Insights
The Regional segment of the Global Computerized Physician Order Entry CPOE System Market reflects substantial growth potential, with a total market value expected to reach 2.27 USD Billion in 2024, growing to 5.12 USD Billion by 2035. North America dominates this segment, with a market valuation of 1.0 USD Billion in 2024, forecasted to rise significantly to 2.25 USD Billion in 2035, underlined by advanced healthcare infrastructure and technology adoption. Europe follows, holding a valuation of 0.75 USD Billion in 2024, projected to increase to 1.75 USD Billion by 2035, indicating a strong emphasis on healthcare efficiency.The APAC region, valued at 0.4 USD Billion in 2024, is expected to grow to 1.0 USD Billion by 2035, driven by rising demand for healthcare services and technological advancements. South America and MEA represent smaller yet growing markets, valued at 0.07 USD Billion and 0.05 USD Billion in 2024, respectively, indicating emerging opportunities amid evolving healthcare systems. The overall Global Computerized Physician Order Entry CPOE System Market statistics highlight a robust trend toward digital healthcare solutions, driven by the need for improved patient safety, streamlined processes, and increased operational efficiency across these regions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Computerized Physician Order Entry CPOE System Market Key Players and Competitive Insights:
The Global Computerized Physician Order Entry (CPOE) System Market is a rapidly evolving segment of the healthcare technology industry, characterized by the increasing adoption of digital solutions aimed at enhancing healthcare provider efficiency and patient safety. CPOE systems enable healthcare professionals to electronically manage patient orders, thereby reducing the risks associated with handwritten prescriptions and improving overall workflow within clinical settings. The competitive landscape of this market is shaped by the ongoing advancements in healthcare IT solutions, with a focus on interoperability, user-friendly interfaces, and integration with other clinical systems. As the demand for efficient healthcare delivery continues to rise, numerous players are vying for a stronger market position, leading to a dynamic environment fueled by innovation and strategic partnerships.GE Healthcare has established a significant presence in the Global CPOE System Market, leveraging its robust technological capabilities and extensive experience in healthcare solutions.
The company's strength lies in its ability to provide comprehensive CPOE systems that not only streamline order entry processes but also integrate seamlessly with existing electronic health records (EHR) systems. GE Healthcare emphasizes the importance of user-centric design, offering intuitive interfaces that enhance clinician satisfaction and reduce training time. Furthermore, the company invests heavily in research and development, which allows it to stay ahead of emerging trends and regulatory requirements, ensuring its CPOE solutions remain at the forefront of the market.Philips Healthcare also plays a vital role in the Global CPOE System Market, focusing on the development of innovative solutions that improve patient outcomes and enhance clinical workflows.
The company is recognized for its commitment to integrating advanced analytics and artificial intelligence into its CPOE systems, enabling healthcare providers to make more informed decisions based on real-time data. Philips Healthcare emphasizes collaboration with healthcare providers to tailor its CPOE solutions to meet specific clinical needs, driving increased adoption in diverse healthcare settings. With a strong emphasis on interoperability, Philips focuses on ensuring that its CPOE systems can communicate effectively with other healthcare technologies, thereby facilitating a more cohesive approach to patient management across networks.
Key Companies in the Computerized Physician Order Entry CPOE System Market Include:
- GE Healthcare
- Philips Healthcare
- IBM Watson Health
- Athenahealth
- Optum
- McKesson Corporation
- Cerner Corporation
- Siemens Healthineers
- eClinicalWorks
- Allscripts Healthcare Solutions
- Meditech
- NextGen Healthcare
- Epic Systems
Computerized Physician Order Entry CPOE System Market Industry Developments
The Global Computerized Physician Order Entry (CPOE) System Market is currently witnessing significant advancements and ongoing developments. GE Healthcare and Philips Healthcare are at the forefront, focusing on enhancing interoperability and user experience in CPOE systems. IBM Watson Health continues to refine its AI-driven solutions, integrating more predictive analytics for better decision-making by clinicians. Athenahealth and Optum are actively collaborating to broaden their footprint in the market by enhancing their CPOE capabilities to support value-based care models. In a notable merger, McKesson Corporation has publicly announced its acquisition of a technology firm to bolster its healthcare solutions portfolio, thus strengthening its presence in the market. Cerner Corporation, Siemens Healthineers, and eClinicalWorks are also expanding their offerings through strategic partnerships aimed at improving patient outcomes and streamlining operations. Additionally, the market valuation of these companies reflects robust growth driven by the increasing demand for efficient and error-reducing order entry systems in healthcare institutions. This growth trend is fostering innovation and pushing existing companies to adapt to rapidly changing healthcare environments.
Computerized Physician Order Entry CPOE System Market Report Scope
Computerized Physician Order Entry CPOE System Market Functionality Outlook
- Order Management
- Decision Support
- Medication Management
- Reporting and Analytics
Computerized Physician Order Entry CPOE System Market Deployment Type Outlook
- On-Premise
- Cloud-Based
- Hybrid
Computerized Physician Order Entry CPOE System Market End User Outlook
- Hospitals
- Clinics
- Long-Term Care Facilities
- Pharmacies
Computerized Physician Order Entry CPOE System Market Component Outlook
- Software
- Hardware
- Service
Computerized Physician Order Entry CPOE System Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric Source: |
Details |
MARKET SIZE 2023 |
2.11(USD Billion) |
MARKET SIZE 2024 |
2.27(USD Billion) |
MARKET SIZE 2035 |
5.12(USD Billion) |
COMPOUND ANNUAL GROWTH RATE (CAGR) |
7.67% (2025 - 2035) |
REPORT COVERAGE |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
BASE YEAR |
2024 |
MARKET FORECAST PERIOD |
2025 - 2035 |
HISTORICAL DATA |
2019 - 2024 |
MARKET FORECAST UNITS |
USD Billion |
KEY COMPANIES PROFILED |
GE Healthcare, Philips Healthcare, IBM Watson Health, Athenahealth, Optum, McKesson Corporation, Cerner Corporation, Siemens Healthineers, eClinicalWorks, Allscripts Healthcare Solutions, Meditech, NextGen Healthcare, Epic Systems |
SEGMENTS COVERED |
Functionality, Deployment Type, End User, Component, Regional |
KEY MARKET OPPORTUNITIES |
Rising demand for healthcare automation, Integration with electronic health records, Increasing focus on patient safety, Growing telemedicine adoption, Expansion in emerging markets |
KEY MARKET DYNAMICS |
Increasing adoption of digital solutions, Growing focus on patient safety, Rising healthcare IT investments, Regulatory compliance and standards, Demand for operational efficiency |
COUNTRIES COVERED |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Global Computerized Physician Order Entry CPOE System Market is expected to be valued at 2.27 USD Billion in 2024.
By 2035, the market is anticipated to reach a value of 5.12 USD Billion.
The market is expected to grow at a CAGR of 7.67% from 2025 to 2035.
North America is projected to be the dominant region with a market size of 1.0 USD Billion in 2024.
The market size in Europe is expected to reach 1.75 USD Billion by 2035.
Major players include GE Healthcare, Philips Healthcare, IBM Watson Health, and Cerner Corporation among others.
The Order Management functionality is expected to be valued at 1.95 USD Billion by 2035.
The APAC region is expected to grow to 1.0 USD Billion by 2035.
The Decision Support functionality is anticipated to be valued at 0.65 USD Billion in 2024.
Challenges include implementation costs while opportunities arise from increased digitization in healthcare.