Computerized Physician Order Entry Market Size, Share & Trends Analysis Report By Type, By Component (Software, Hardware, Services), By Delivery Mode, By End Use, By Region, And Segment Forecasts, 2024 - 2030

Size & Trends

The global computerized physician order entry market size was valued at USD 1.94 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030. The demand for specialized, focused solutions that address the unique requirements of order entry without the need for extensive integration with other systems drives the market. CPOE systems are at the forefront of this evolution, providing a streamlined method for physicians to enter orders for medications, tests, and other services electronically.

CPOE systems allow physicians to electronically place orders for medications, laboratory tests, and other services, minimizing the risks associated with handwritten or verbal orders. This digitization reduces the likelihood of errors related to misinterpretation of prescriptions or instructions, which can have serious repercussions for patient health. As healthcare providers and institutions focus more on enhancing patient safety and quality of care, the adoption of CPOE systems is becoming more prevalent.

Medication errors pose a significant risk to patient safety and can lead to severe consequences, including adverse drug reactions and increased hospital stays. The growing awareness of these risks has propelled healthcare organizations to implement CPOE systems as a preventive measure. By automating the ordering process, CPOE minimizes human error associated with manual entries and enhances decision support through integrated clinical guidelines. This focus on patient safety drives adoption and encourages ongoing investment in advanced CPOE technologies that incorporate features such as alerts for potential drug interactions or allergies.

Type Insights

The integrated segment accounted for the largest market revenue share of 72.5% in 2023. As healthcare systems transition from fee-for-service to value-based payment structures, there is an increased emphasis on achieving better care outcomes, improving care coordination, and managing costs effectively. Integrated CPOE systems support these goals by providing a comprehensive view of patient data and facilitating care coordination across different providers and settings.

The standalone segment is anticipated to grow significantly at a CAGR of 6.0% during the forecast period. Standalone CPOE systems offer a dedicated platform for managing and processing orders. They provide simplicity and ease of use for organizations that may not need or want the complexity of a fully integrated solution. This simplicity can be especially appealing to smaller practices or facilities that prefer a streamlined approach to order management without the added complexity of integrating with other healthcare IT systems.

Component Insights

The services segment dominated the market in 2023. As healthcare facilities strive to integrate these systems into their existing workflows, they often require comprehensive consulting, customization, and training services. Services help ensure that CPOE systems are tailored to an organization's specific needs, facilitating smoother implementation and adoption. These services also provide ongoing support and system optimization, which is essential for maximizing the effectiveness and efficiency of CPOE systems.

The hardware segment is anticipated to grow significantly over the forecast period. Healthcare facilities require robust hardware solutions such as servers, workstations, and input devices to ensure that CPOE systems function effectively. As the volume of patient data and the complexity of orders increases, the demand for high-performance hardware capable of handling these requirements grows. This drives investment in advanced hardware solutions that can support the high availability and performance needs of modern CPOE systems.

Delivery Mode Insights

The web-based segment dominated the market in 2023. Web-based solutions are often designed to integrate seamlessly with other digital health tools and electronic health records (EHR) systems. This interoperability is crucial for creating a cohesive healthcare ecosystem where patient information and order data can be easily shared and accessed across different systems and providers. By facilitating smoother data exchange and integration, web-based CPOE systems support coordinated care and enhance overall efficiency in healthcare delivery.

The cloud-based segment is anticipated to register the fastest CAGR over the forecast period. Cloud-based solutions are often designed to integrate seamlessly with electronic health record (EHR), health information exchanges (HIEs), and other healthcare IT systems. This interoperability enables efficient data sharing and communication across different platforms and providers, enhancing care coordination and improving overall efficiency. Cloud-based CPOE systems contribute to a more cohesive and streamlined healthcare ecosystem by supporting the integration of various healthcare technologies.

End-use Insights

Hospitals accounted for the largest market revenue share in 2023. Hospitals are often at the forefront of managing complex cases, including acute illnesses, surgical procedures, and chronic conditions. CPOE systems provide a critical solution by streamlining the process of ordering medications, tests, and treatments, which helps reduce errors and enhance the efficiency of care delivery.

Ambulatory centers is anticipated to grow significantly during the forecast period. As ambulatory centers strive to enhance service quality, they increasingly adopt CPOE solutions to streamline workflows and minimize risks associated with manual order entry processes. The integration of clinical decision support tools within CPOE systems further aids healthcare providers in making informed choices, thereby fostering a culture of safety that resonates well with patients and regulatory bodies alike.

Regional Insights

North America computerized physician order entry market accounted for the largest market revenue share of 53.6% in 2023. As healthcare systems transition from fee-for-service to value-based payment structures in the region, there is an increased focus on improving care quality, reducing costs, and enhancing patient outcomes. CPOE systems support this transition by streamlining order processes, improving accuracy, and facilitating better coordination among healthcare providers.

U.S. Computerized Physician Order Entry Market Trends

The U.S. computerized physician order entry market dominated the North America market in 2023. The emphasis on interoperability and data integration within the U.S. healthcare system is a significant driver for the growth of CPOE systems. The push towards creating a more connected healthcare ecosystem through initiatives such as the 21st Century Cures Act and the interoperability regulations from the Office of the National Coordinator for Health Information Technology (ONC) underscores the need for systems that can seamlessly exchange information.

Europe Computerized Physician Order Entry Market Trends

Europecomputerized physician order entry market was identified as a lucrative region in 2023. The European Union has actively promoted digital health initiatives through programs such as the Digital Health Europe (DHE) project and the European Health Data Space (EHDS). These initiatives are designed to support integrating digital technologies into healthcare systems, including CPOE solutions. As healthcare providers and institutions across Europe adopt advanced digital tools, integrating CPOE systems becomes a natural progression, enhancing interoperability, data sharing, and overall healthcare efficiency.

The UK computerized physician order entry market is expected to grow rapidly over the forecast period. The National Health Service (NHS) Long-Term Plan emphasizes adopting digital technologies to improve healthcare delivery and has accelerated the integration of digital tools across healthcare settings in the country. CPOE systems are an essential component of this digital transformation, as they facilitate more efficient workflows, enhance data accuracy, and support the seamless exchange of information among healthcare providers. The government’s investment in digital infrastructure and the promotion of health informatics contribute to the broader adoption of CPOE systems.

Asia Pacific Computerized Physician Order Entry Market Trends

Asia Pacific computerized physician order entry market is anticipated to register the fastest CAGR over the forecast period. The increasing demand for healthcare efficiency and quality is a major catalyst. As healthcare systems in countries such as China, India, and Japan strive to manage vast and growing patient populations, the need for streamlined processes becomes paramount. CPOE systems facilitate this by automating the ordering process for medications, tests, and other treatments, which helps reduce errors, improve patient safety, and optimize resource utilization.

China computerized physician order entry market is anticipated to grow significantly over the forecast period. Initiatives such as the "Healthy China 2030" plan and the "Internet+ Healthcare" strategy are pivotal in advancing digital health solutions. The government's focus on integrating technology into healthcare delivery has increased investment in digital health infrastructure, including CPOE systems. These policies support the implementation of advanced technologies and incentivize healthcare providers to adopt such systems to improve service quality and operational efficiency.

Key Computerized Physician Order Entry Company Insights

Some of the major companies in the computerized physician order entry market are IBM, Oracle, Cerner Corporation, and others. Organizations are focusing on increasing customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions, and partnerships with other major companies.

• Veradigm LLCoffers the CPOE system, which allows healthcare providers to electronically enter and manage orders for medications, laboratory tests, radiology, and other services directly into a patient’s electronic health record (EHR). This digital approach streamlines the ordering process and reduces the likelihood of errors associated with handwritten orders.

• IBM's CPOE solutions focus on interoperability and data analytics. The company emphasizes seamless integration across various healthcare systems to ensure that orders are communicated effectively among different departments and providers.

Recent Developments

• In September 2023, Oracle announced enhancements to its services, such as cloud-based electronic health record (EHR) capabilities, generative AI services, Public Application Programming Interfaces (APIs), and back-office enhancements designed for the healthcare industry. These enhancements aim to improve patient care, optimize clinical expertise, and reduce costs.

• In July 2022, AmerisourceBergen launched DTx Connect, a comprehensive platform designed to streamline the process of ordering, dispensing, and fulfilling digital therapeutics and diagnostics prescribed by physicians. This innovative platform aims to enhance patient access to these essential healthcare tools by providing a seamless and efficient system for healthcare providers.

Computerized Physician Order Entry Market Report Scope

Global Computerized Physician Order Entry Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global computerized physician order entry market report based on type, component, delivery mode, end use, and region.  

• Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Integrated

  • Standalone

• Component Outlook (Revenue, USD Million, 2018 - 2030)

  • Software

  • Hardware

  • Services

• Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)

  • On-Premises

  • Web-Based

  • Cloud-Based

• End Use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospital

  • Ambulatory Centers

  • Physician’s Office

  • Emergency Healthcare Services

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Thailand

  • Latin America

    • Brazil

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE