Computerized Physician Order Entry (CPOE) Systems Market Necessity And Demand 2018 to 2026

Computerized Physician Order Entry (CPOE)
Systems Market Necessity And Demand 2018 to
2026
Computerized Physician Order Entry (CPOE) Systems Market - Global Industry
Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
A computerized physician order entry (CPOE) system, also called Computerized Provider Order Entry,
is a healthcare information system that electronically captures and stores physician's instructions and
helps improve efficiency of patient-care management. The CPOE system ensures proper collection and
transfer of patient’s health data between laboratories, clinics, pharmacy, laboratory, radiology. and other
healthcare agencies. Physicians and pharmacists can view patient status, enter orders, document their
details, and share information in an easy-to-use patient record. Computerized physician order entry
system has a number of advantages such as reduction in length of stay, non-repetition of tests, reduced
turnaround time for laboratory tests, and enhanced cost savings. Moreover, CPOE is also highly
beneficial as it integrates clinical decision support system (CDSS) and electronic health record (EHR)
system, ensuring the utmost cost-effectiveness. Click To Read More On Computerized Physician
Order Entry (CPOE) Systems Market
Popular systems in the computerized physician order entry systems market: PatientKeeper, Cerner
CPOE system, Horizon Expert Orders, GE and Mindfire CPOE Software solutions
High Implementation Costs Restraining Computerized Physician Order Entry Systems Market
Growth in Emerging Economies
The computerized physician order entry systems market can be analyzed in five major regions: North
America, Europe, Asia Pacific, Latin America, and Rest of the World. Prime factors driving growth in
North America and Europe include growing demand for paperless environment to minimize human
error, decreasing delay in order completion, and the need for reducing treatment costs. Furthermore,
increasing government pressure to automate healthcare facilities is also fueling growth of the
computerized physician order entry systems market. However, demand for CPOE systems in Asia
Pacific and Latin America is increasing with increasing pressure on reducing costs and medication
errors. Also, better storage and management of patient’s information record and increasing need to
minimize records retention costs is also projected to propel growth of the computerized physician order
entry systems market in the near future. On the other hand, lack of professionally trained workforce and
major capital investment involved in installation of the system is hindering demand for computerized
physician order entry systems in the emerging economies.
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Digital Transformation of Medicine is Exemplified by CPOE System
Use of CPOE system significantly aids in reducing prescription and dispensing errors, reducing costs,
improving patient care, and enhancing workflow automation. A study published in Applied Clinical
Informatics in 2014 stated that increase in use of CPOE led to 63% drop in length of hospital stay.
According to a study by the Agency for Healthcare research and Quality, by the end of 2015, around
84% of the federal acute care hospitals had implemented CPOE systems. In outpatient settings, around
50% of them had installed by the end of 2014. However, according to EHR Intelligence, CPOE systems
failed to flag-off 39% of potentially harmful orders. A number of companies offer novel software and
systems for the monitoring and controlling of health information.
Some of the major companies operating in the computerized physician order entry systems market are
Cerner Corporation, McKesson Corporation, Athenahealth, Inc., GE Healthcare, Epic Systems
Corporation, and Allscripts Healthcare Solutions, Inc.
Computerized Physician Order Entry Systems Market Taxonomy
The computerized physician order entry systems market can be segmented on the basis of type of
system, mode of delivery, component and end users as follows:
Type of System : Integrated, Standalone.
Mode of Delivery : Cloud, On-premise, Web-based.
Component : Software, Hardware, Services.
End User : Hospitals, Clinics and nursing homes, Home health agencies.
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A computerized physician order entry (CPOE) system, also called Computerized Provider Order Entry, is a healthcare information system that electronically captures and stores physician's instructions and helps improve efficiency of patient-care management.

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