Computerized physician order entry (CPOE) is an electronic entry process which helps healthcare practitioners to go through medical orders into computer systems which are within a hospital setting. It helps to reduce errors related to handwriting and time taken for order completion.
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Lack of skilled professionals, high cost and time consuming installation cost, lack of awareness among physicians and interoperability issues are the major challenges for the growth of computerized physician order entry market.
Geographically, North America is the largest computerized physician order entry market as in the region the government initiatives for installation of CPOE systems is increasing. Increasing investments for better healthcare facilities, increasing occurrence of chronic and lifestyle associated diseases, elevated adoption of advanced technology and mounting need for integrated healthcare are also up surging growth of the North American computerized physician order entry market.
Asia-Pacific is observed to witness the fastest growth in the market, due to mounting demand for better healthcare. In addition, increasing occurrence of chronic and lifestyle associated diseases, improving healthcare infrastructure, alertness about the benefits of computerized patient data management systems and expanding geriatric population are also creating a positive impact on the computerized physician order entry market growth in the region.
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Key players in the computerized physician order entry market are catering the demand of these devices by investing on technologically advanced products in their product portfolio across the globe. In January 2018, Allscripts signed a definitive agreement to acquire Practice Fusion to offer the comprehensive and high performing health information technology and solutions.
In September 2010, RelayHealth, a McKesson’s connectivity business, launched Connected Orders, a workflow solution which links ambulatory-care physicians with hospital, laboratories, imaging centers and patients to computerize the test ordering process. Allscripts Healthcare Solutions, Inc., EPIC Systems, Mckesson Corporation, Athenahealth, Inc., General Electric Company, Siemens AG, Carestream Health, Medical Information Technology, Inc., Cerner Corporation, Royal Philips and eClinicalWorks are the key players offering computerized physician order entry solutions.
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