Top Trends Transforming the Computerized Physician Order Entry Market Landscape in 2025: Strategic Partnership Enhances Cloud-Based CPOE Solutions Adoption

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What Will the Computerized Physician Order Entry Industry Market Size Be by 2025?
In recent times, the market size for computerized physician order entry has experienced substantial growth. The market is projected to expand from $2.08 billion in 2024 to $2.27 billion in 2025, representing a compound annual growth rate (CAGR) of 9.5%. This growth during the historical period can be linked to factors such as the increased adoption of electronic health records (EHR) systems, governmental initiatives and incentives supporting healthcare digitalization, a heightened emphasis on the reduction of medication errors and enhancement of patient safety, a growing necessity for precise and efficient order management in healthcare institutions, and a high demand for better healthcare workflow and operational efficiency.

What's the Long-Term Growth Forecast for the Computerized Physician Order Entry Market Size Through 2029?
In the coming years, robust growth is anticipated in the market size of computerized physician order entry, which is expected to reach $3.23 billion in 2029, equating to a compound annual growth rate (CAGR) of 9.2%. The predicted growth can be traced back to the sustained expansion of value-based care models and accountable care organizations, the rise in personalized medicine and precision healthcare initiatives, the expansive development of interoperability standards and frameworks within health IT systems, an increased emphasis on patient-focused care and engagement solutions, and the persistent investment in cybersecurity measures to secure healthcare information. Forecast trends include the integration of AI, the employment of cloud-based CPOE solutions, the application of machine learning algorithms, mobile and remote access for doctors, an emphasis on cybersecurity measures, and the creation of advanced user interfaces alongside voice recognition technology.

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What Are the Key Growth Drivers Fueling the Computerized Physician Order Entry Market Expansion?
The increase in medication errors is anticipated to stimulate the expansion of the computerized physician order entry market. Such errors, which can compromise patient safety, occur when there are issues in prescription processes, drug dispensations, or administration. Various causes, including healthcare provider miscommunication, incorrect dosage measures, similar sounding drug names, and lack of adequate patient information contribute to these errors. Computerized physician order entry (CPOE) helps to reduce these errors by offering automated checks and alerts, promoting correct drug prescriptions, and reducing manual entry errors. For example, the World Health Organization reported in September 2022 that one country had spent $2.16 billion - accounting for 3% of its total healthcare expenditure - on medication errors. Moreover, 237 million medication errors are reported annually, with 66 million having potential clinical significance. These avoidable adverse reactions to medication result in an estimated $106.24 million cost to the government each year. Hence, the increase in medication errors is fuelling the expansion of the computerized physician order entry market.

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What Are the Key Trends Driving Computerized Physician Order Entry Market Growth?
Major players in the computerized physician order entry market are adopting strategies of collaboration, working together to advance wireless and cloud technology for handling large-scale workloads. Such partnerships are mutually beneficial, enabling participating firms to tap into each other's unique skills and resources for shared success. For example, in August 2023, Microsoft Corporation joined forces with Epic Systems Corporation to offer a cloud-based solution for electronic health records (EHR), significantly boosting the functionality of computerized physician order entry (CPOE) systems. The combination of Epic's EHR and Microsoft Azure empowers healthcare providers to handle large EHR database loads efficiently. This benefits the providers by providing immediate access to patient information, thus improving their clinical workflows.

How Is the Computerized Physician Order Entry Market Segmented?
The computerized physician order entrymarket covered in this report is segmented -

1) By Type: Standalone Computerized Physician Order Entry (CPOE), Integrated Computerized Physician Order Entry (CPOE)
2) By Component: Hardware, Software, Services
3) By Deployment: Web-Based, Cloud-Based, On-Premise
4) By End User: Pharmacies, Hospitals, Emergency Healthcare Service Providers, Office-Based Physicians, Other End Users

Subsegments:
1) By Standalone Computerized Physician Order Entry (CPOE): Single-Function CPOE Systems, Specialty-Specific Standalone CPOE Solutions, Customizable Standalone CPOE Applications
2) By Integrated Computerized Physician Order Entry (CPOE): Fully Integrated EHR (Electronic Health Record) CPOE Systems, CPOE with Decision Support Systems (DSS), Integrated CPOE with Laboratory and Pharmacy Management Systems, Comprehensive Healthcare Management Systems With CPOE Functionality

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Which Companies Are Leading the Charge in Computerized Physician Order Entry Market Innovation?
Major companies operating in the computerized physician order entry market are UnitedHealth Group, McKesson Corporation, Kaiser Permanente, International Business Machines Corp (IBM), Siemens Healthineers, Philips Healthcare Inc., GE HealthCare Technologies Inc., Epic Systems Corporation, Athenahealth Inc., eClinicalWorks LLC, Allscripts Healthcare Solutions Inc., NextGen Healthcare, Medical Information Technology Inc. (Meditech), Computer Programs and Systems Inc., Greenway Health LLC, CareCloud Inc., Medhost, Picis Clinical Solutions, CliniComp International Inc., Zynx Health Inc.

Which Regions Are Leading the Global Computerized Physician Order Entry Market in Revenue?
North America was the largest region in the computerized physician order entry market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the computerized physician order entry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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