Global Market Study on Computerized Physician Order Entry Systems - Software to Witness Highest Growth by 2020


  • Published On : Oct-2014 |
  • Pages : 97 Pages |
  • Format :

A computerized physician order entry (CPOE) system is a healthcare information system which captures, stores, manages and transmits medical practitioner’s instructions electronically, for the treatment of patients. These systems reduce medication errors and improving the quality of care given to patients. This is done by decreasing delay in order completion, reducing errors related to handwriting, providing error checking for incorrect doses or tests and by reducing treatment costs. Computerized physician order entry systems ensure proper collection and exchange of patient’s health data between hospitals, laboratories or clinics. A computerized physician order entry system is an integrated system which is generally paired with some type of clinical decision support system (CDSS) and electronic health record (EHR) system. This integration helps to deliver coordinated patient care services. It also promotes continuity of care for each patient during the entire course of illness. Integration also assures that healthcare facilities are delivered in the most cost-effective way.

North America has the largest market for computerized physician order entry systems. This is due to government pressure for implementation of CPOE in healthcare facilities for reducing drug errors and high incidence of chronic diseases in this region. 

In Europe, healthcare spending in IT is increasing which expected to witness moderate growth in the region. In December 2012, the European Commission passed “2012-2020 eHealth Action Plan” which focused on the use of modern devices and technologies to promote personalized medicines in Europe. However, Asia has become one of the fastest-growing markets for computerized physician order entry systems market. Increase in aging population and increase in incident rates of various chronic diseases such as diabetes, heart disease, stroke, obesity, cancer and arthritis in various countries including Japan, China and India, have provide abundant opportunities to computerized physician order entry systems.

Rise in need for integrated healthcare systems, high incidence of medication errors and government initiatives are the key growth drivers for the computerized physician order entry systems market. On the other hand, lack of experienced professionals, interoperability issues and cost and time consuming installation process are major concerns for the industry.

Emerging market in developing countries and rise in demand for powerful IT systems in diagnostic and medical laboratories would provide opportunities for new market entrants, which would further drive the growth of the computerized physician order entry systems market. Increasing patient-centric approach and rise in popularity of wireless and cloud technology are some of the recent market trends that have been observed in computerized physician order entry systems market.

This report provides in-depth analysis and estimation of the computerized physician order entry systems market for the period 2014 to 2020, considering 2013 as the base year for calculation. In addition, data pertaining to current market dynamics including market drivers, restraints, trends and strategic developments has been provided in the report. The computerized physician order entry systems market is categorized on the basis of mode of delivery, end-users, components and geography. Based on mode of delivery, the computerized physician order entry systems market comprises web based CPOE, on premise CPOE and cloud based CPOE. Based on components, the market comprises software, hardware and services.

In the geographical analysis, the report identifies and analyses market size and forecast of North America, Europe, Asia and Rest of the World (Row). North America is further segmented into the U.S. and rest of North America. Similarly, Europe is further segmented into the U.K., Germany, France and rest of Europe. Asia is further segmented into Japan, China and rest of Asia.

A computerized physician order entry (CPOE) system is a healthcare information system which captures, stores, manages and transmits medical practitioner’s instructions electronically, for the treatment of patients.  Globally, computerized physician order entry systems market is witnessing significant growth due to need for integrated healthcare systems in healthcare industry.  Incidence of medication errors are increasing in different regions in the world.  It has resulted in an increase in uses of CPOE systems alerts such as drug dosage support and clinical decision support. 

Increasing demand for better healthcare facilities from rapidly growing aging population and rising prevalence of diseases such as cancer, diabetes and heart diseases. Government initiatives and rise in investments from healthcare IT players has increased the adoption of computerized physician order entry systems. However, lack of experienced professionals, interoperability issues, cost and time consuming installation process and lack of commitment and interest from physicians are inhibiting the growth of computerized physician order entry systems market. The global computerized physician order entry systems market is estimated at USD 999.4 million in 2014. It is likely to grow at a CAGR of 6.8% from 2014 to 2020 to reach USD 1,481.7 million in 2020.

North America is the largest market for the global computerized physician order entry systems market. Web-based CPOE is the largest mode of delivery and the hospital CPOE is the largest end user of computerized physician order entry systems. In terms of growth, Asia is the fastest growing region, cloud based CPOE is the fastest growing mode of delivery and laboratory CPOE is the fastest growing end users of computerized physician order entry systems.

North America is estimated at USD 589.7 million in 2014 and is expected to reach USD 870.3 million in 2020, growing at a CAGR of 6.7% from 2014 to 2020.

The global component based segment in computerized physician order entry systems market is estimated at USD 999.4 million in 2014 and is expected to reach USD 1,481.7 million in 2020, growing at a CAGR of 6.8% from 2014 to 2020.

Some of the major companies operating in the computerized physician order entry systems market:

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

These key market players have been profiled on the basis of attributes such as company overview, recent developments, growth strategies, sustainability and financial overview.

Chapter 1 Preface

1.1 Report Description

1.2 Research Methodology

1.3 Assumptions


Chapter 2 Market Synopsis

Chapter 3 Porter’s Five Forces Analysis

3.1 Bargaining Power of Suppliers

3.2 Bargaining Power of Buyers

3.3 Threat of New Entrants

3.4 Threat of Substitutes

3.5 Intensity of Rivalry

Chapter 4 Industry Overview

4.1 Market Introduction

4.2 Market Drivers

     4.2.1 Rising need for integrated healthcare systems

     4.2.2 High incidence of medication errors

     4.2.3 Increasing demand for better healthcare facilities

     4.2.4 Increasing government initiatives

     4.2.5 Rising investments from healthcare IT players

4.3 Impact Analysis of Market Drivers

4.4 Market Restraints

     4.4.1 Lack of experienced professionals

     4.4.2 Interoperability issues

     4.4.3 Lack of commitment and interest shown by physicians

     4.4.4 High cost and time-consuming installation process 

4.5 Impact Analysis of Market Restraints

4.6 Opportunities

     4.6.1 Emerging markets hold major potential

     4.6.2 Rise in powerful IT systems in diagnostic and medical laboratories

4.7 Trends

     4.7.1 Increasing patient-centric approach

     4.7.2 Growing popularity of wireless and cloud technologies

     4.7.3 Rising number of collaborations and partnerships

     4.7.4 Increasing number of mergers and acquisitions

     4.7.5 Rising number of product innovations

Chapter 5 Global Market Size and Forecast

Chapter 6 Market Size and Forecast by Delivery Mode

6.1 Web-Based

6.2 On-Premise

6.3 Cloud-Based

Chapter 7 Market Size and Forecast by Components 

7.1 Software

7.2 Hardware

7.3 Services

Chapter 8 Market Segmentation Based on End User

8.1 Hospital CPOE

8.2 Pharmacy CPOE

8.3 Laboratory CPOE

Chapter 9 Market Size and Forecast by Region

9.1 North America

9.2 Europe

9.3 Asia

Chapter 10 Competitive Scenario

10.1 Competitive Benchmarking 

10.2 Company Share Analysis

Chapter 11 Company Profiles

11.1 McKesson Corporation

     11.1.1 Company overview 

     11.1.2 Products and services 

     11.1.3 Financial performance

     11.1.4 Recent developments

11.2 Allscripts

     11.2.1 Company overview

     11.2.2 Products and services

     11.2.3 Financial performance

     11.2.4 Recent developments

11.3 GE Healthcare

     11.3.1 Company overview

     11.3.2 Products and services

     11.3.3 Financial performance

     11.3.4 Recent developments

11.4 Cerner Corporation

     11.4.1 Company overview

     11.4.2 Products and services

     11.4.3 Financial performance

     11.4.4 Recent developments

11.5 Siemens Healthcare

     11.5.1 Company overview

     11.5.2 Products and services

     11.5.3 Financial performance

     11.5.4 Recent developments

11.6 Epic Systems Corporation

     11.6.1 Company overview

     11.6.2 Products and services 

     11.6.3 Financial performance

     11.6.4 Recent developments

11.7 athenahealth, Inc.

     11.7.1 Company overview

     11.7.2 Products and services

     11.7.3 Financial performance

     11.7.4 Recent developments

11.8 Carestream Health

     11.8.1 Company overview

     11.8.2 Products and services

     11.8.3 Financial performance

     11.8.4 Recent developments 

11.9 NextGen Healthcare Information Systems, LLC

     11.9.1 Company overview

     11.9.2 Products and services

     11.9.3 Financial performance

     11.9.4 Recent developments

11.10 MEDITECH

     11.10.1 Company overview

     11.10.2 Products and services

     11.10.3 Financial performance

     11.10.4 Recent developments


List of Tables

TABLE 1 Market snapshot: Global market for computerized physicians entry systems (2014 and 2020)

TABLE 2 Drivers for computerized physician order entry systems market: Impact analysis

TABLE 3 Restraints for computerized order physician entry systems market: Impact analysis

TABLE 4 Major collaborations and partnerships by computerized physician order entry systems companies

TABLE 5 Some of the major mergers and acquisitions by computerized physician order entry systems companies

TABLE 6 New products launches by computerized physician order entry systems market (2012 – April 2014)

TABLE 7 Global computerized physician order entry systems market, by region, 2010 – 2013 (USD million) 

TABLE 8 Global computerized physician order entry systems market, by region, 2014 – 2020 (USD million)

TABLE 9 Global computerized physician order entry systems market, by delivery, 2010 – 2013 (USD million)

TABLE 10 Global computerized physician order entry systems market, by delivery, 2014 – 2020 (USD million) 

TABLE 11 Global computerized physician order entry systems market, by components, 2010 – 2013 (USD million) 

TABLE 12 Global computerized physician order entry systems market, by components, 2014 – 2020 (USD million)

TABLE 13 Global computerized physician order entry systems market, by end user, 2010 – 2013 (USD million)

TABLE 14 Global computerized physician order entry systems market, by end user, 2014 – 2020 (USD million)

TABLE 15 Web-based computerized physician order entry systems market, by region, 2010 – 2013 (USD million)

TABLE 16 Web-based computerized physician order entry systems market, by region, 2014 – 2020 (USD million)

TABLE 17 On-premise computerized physician order entry systems market, by region, 2010 – 2013 (USD million)

TABLE 18 On-premise computerized physician order entry systems market, by region, 2014 – 2020 (USD million) 

TABLE 19 Cloud-based computerized physician order entry systems market, by region, 2010 – 2013 (USD million)

TABLE 20 Cloud-based computerized physician order entry systems market, by region, 2014 – 2020 (USD million) 

TABLE 21 Software for computerized physician order entry systems market, by region, 2010 – 2013 (USD million)

TABLE 22 Software for computerized physician order entry systems market, by region, 2014 – 2020 (USD million) 

TABLE 23 Hardware for computerized physician order entry systems market, by region, 2010 – 2013 (USD million)

TABLE 24 Hardware for computerized physician order entry systems market, by region, 2014 – 2020 (USD million)

TABLE 25 Services for computerized physician order entry systems market, by region, 2010 – 2013 (USD million)

TABLE 26 Services for computerized physician order entry systems market, by region, 2014 – 2020 (USD million)

TABLE 27 Hospital-based computerized physician order entry systems market, by region, 2010 – 2013 (USD million)

TABLE 28 Hospital-based computerized physician order entry systems market, by region, 2014 – 2020 (USD million)

TABLE 29 Pharmacy-based computerized physician order entry systems market, by region, 2010 – 2013 (USD million)

TABLE 30 Pharmacy-based computerized physician order entry systems market, by region, 2014 – 2020 (USD million)

TABLE 31 Laboratory-based computerized physician order entry systems market, by region, 2010 – 2013 (USD million)

TABLE 32 Laboratory-based computerized physician order entry systems market, by region, 2014 – 2020 (USD million)

TABLE 33 North American computerized physician order entry systems market, by country, 2010 – 2013 (USD million)

TABLE 34 North American computerized physician order entry systems market, by country, 2014 – 2020 (USD million)

TABLE 35 European computerized physician order Entry Systems market, by country, 2010 – 2013 (USD million)

TABLE 36 European computerized physician order entry systems market, by country, 2014 – 2020 (USD million)

TABLE 37 Asian computerized physician order entry systems market, by country, 2010 – 2013 (USD million)

TABLE 38 Asian computerized physician order entry systems market, by country, 2014 – 2020 (USD million)

TABLE 39 McKesson Corporation’s product categories 

TABLE 40 Allscripts’ product categories

TABLE 41 GE Healthcare’s product categories

TABLE 42 Cerner Corporation’s product categories

TABLE 43 Siemens Healthcare’s product categories

TABLE 44 Epic Systems Corporation’s product categories

TABLE 45 Athenahealth, Inc.’s product categories

TABLE 46 Carestream Health, Inc.’s product categories

TABLE 47 NextGen Healthcare Information Systems, LLC’s product categories

TABLE 48 MEDITECH’s product categories


List of Figures 

FIG. 1 Computerized physician order entry systems market: Porter’s five force analysis

FIG. 2 Applications of computerized physician order entry systems

FIG. 3 Population above 60 years in major countries (% share in total population, 2000 – 2050)

FIG. 4 Global computerized physician order entry system market, by region, 2013 (% share)

FIG. 5 Global computerized physician order entry systems market, by delivery, 2013 (% share)

FIG. 6 Global computerized physician order entry systems market, by components, 2013 (% share)

FIG. 7 Global computerized physician order entry systems market, by end user, 2013 (% share)

FIG. 8 North American computerized physician order entry systems market, by country, 2013 (% share)

FIG. 9 Europe computerized physician order entry systems market, by country, 2013 (% share)

FIG. 10 Asian computerized physician order entry systems market, by country, 2013 (% share)

FIG. 11 Competitive landscape of computerized physician order entry systems providers 2013

FIG. 12 Global computerized physician order entry systems market, by company, 2013 (% share)

FIG. 13 McKesson Corporation’s revenue and net income, 2011–2013 (USD million)

FIG. 14 Allscripts’ total revenue and net income, 2011 – 2013 (USD million)

FIG. 15 GE Healthcare’s revenue and profit, 2011 – 2013 (USD million)

FIG. 16 Cerner Corporation’s revenue and net earnings, 2011 – 2013 (USD million)

FIG. 17 Siemens Healthcare’s revenue and profit, 2011 – 2013 (USD million)

FIG. 18 Athenahealth, Inc.’s total revenue and net income, 2011 – 2013 (USD million)

FIG. 19 NextGen Healthcare Information Systems, LLC’s revenue and net income, 2011 – 2013 (USD million)

FIG. 20 MEDITECH’s total revenue and net income, 2011 – 2013 (USD million)

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