Computerized Physician Order Entry Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[195+ Pages Report] According to the report published by Facts Factors, the global computerized physician order entry market size was worth around USD 1382 million in 2019 and is predicted to grow to around USD 1987.6 million by 2026 with a compound annual growth rate (CAGR) of roughly 7.2% between 2020 and 2026. The report analyzes the global computerized physician order entry market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the computerized physician order entry market.

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This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the computerized physician order entry industry. The report analyzes and declares the historical and current trends analysis of the computerized physician order entry industry and subsequently recommends the projected trends anticipated to be observed in the computerized physician order entry market during the upcoming years.

The computerized physician order entry market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire computerized physician order entry market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

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The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the computerized physician order entry industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the computerized physician order entry industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the computerized physician order entry market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the computerized physician order entry industry. The computerized physician order entry market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

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Key Insights from Primary Research        

• As per our primary respondents, the global computerized physician order entry market is set to grow annually at a rate of around 7.2%, and the revenue was valued at around USD 1,382 million in 2019.
• North America held the largest market share in 2019 due to initiatives by the government for the implementation of computerized physician order entry systems in this region.
• On basis of the “Type” segment, the integrated CPOE segment dominated the global computerized physician order entry market with a market share of around 75 percent in the year 2015.
• On basis of the “End-User” segment, the hospital segment dominated the global computerized physician order entry market with a market share of around 30 percent.
• The presence of well-established players has intensified the industry rivalry, due to which the degree of competition is considerably higher.

Key Recommendations from Analysts

• As per our analysts, the global computerized physician order entry market is expected to grow significantly over the forecast period due to the initiatives taken by governments across the globe regarding the safety of patients.
• As per analysts, the high growth in advancements in the healthcare sector is boosting the market.
• The collaborations and partnerships between manufacturing firms can create lucrative opportunities worldwide.
• Our team of analysts has identified, that North America is expected to be the fastest-growing market over the estimated period, as the research and development field is increasing and also the adoption of newer technologies is higher in the region.

Global Computerized Physician Order Entry Market Revenue Share – By Component

To know more about this report | Request Free Sample CopyThe report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the computerized physician order entry sector. Key strategic developments in the computerized physician order entry market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the computerized physician order entry market are appropriately highlighted in the report.

The global computerized physician order entry market is experiencing significant growth that is expected to continue over the upcoming years. Also, the initiatives taken by governments across the globe regarding the safety of patients is boosting the market for computerized physician order entry market globally.

The computerized physician order entry market research report delivers an acute valuation and taxonomy of the computerized physician order entry industry by practically splitting the market on the basis of different components, deployment model, types, end-user, and regions.

Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the computerized physician order entry industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the computerized physician order entry industry is provided for the leading economies of the world.

Report Scope

Report Attribute	Details
Market Size in 2019	USD 1,382 Million
Projected Market Size in 2026	USD 1,987.6 Million
CAGR Growth Rate	7.2% CAGR
Base Year	2019
Forecast Years	2020-2026
Key Market Players	McKesson Corporation, Meditech, Allscripts, NextGen Healthcare Information Systems LLC, GE Healthcare, Carestream Health Inc, Cerner Corporation, Athenahealth Inc., Siemens Healthcare, Epic Systems Corporation, and others.
Key Segment	By Component, Deployment Mode, Type, End-User, and Region
Major Regions Covered	North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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The computerized physician order entry market is segmented based on component, deployment mode, type, end-user, and region. On the basis of components, the market is classified into hardware and software. On the basis of deployment mode, the market is classified into cloud-based, on-premise, and web-based. On the basis of type, the market is bifurcated into integrated, and standalone. On the basis of end-users, the market is classified into hospitals, clinics, pharmacies, laboratories, ambulatory surgical centers, and others.

Major key players operating in the computerized physician order entry market include

• McKesson Corporation
• Meditech
• Allscripts
• NextGen Healthcare Information Systems LLC
• GE Healthcare
• Carestream Health Inc
• Cerner Corporation
• Athenahealth Inc.
• Siemens Healthcare
• Epic Systems Corporation

The taxonomy of the computerized physician order entry market by its scope and segmentation is as follows:

Component Segmentation Analysis

• Hardware
• Software

Deployment Mode Segmentation Analysis

• Cloud-Based
• On-Premise
• Web-Based

Type Segmentation Analysis

• Integrated
• Standalone

End-User Segmentation Analysis

• Hospitals
• Clinics
• Pharmacies
• Laboratories
• Ambulatory Surgical Centers

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa