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.

New York, NY -- (SBWire) -- 04/17/2015 --According to a new market report published by Persistence Market Research "Global Market Study on Computerized Physician Order Entry Systems - Software to Witness Highest Growth by 2020" the global computerized physician order entry systems market is valued at USD 999.4 million in 2014 and is expected to grow at a CAGR of 6.8% from 2014 to 2020, to reach an estimated value of USD 1,481.7 million in 2020.

Browse the full Global Market Study on Computerized Physician Order Entry Systems - Software to Witness Highest Growth by 2020 report at http://www.persistencemarketresearch.com/market-research/cpoe-market.asp

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.

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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.

The global computerized physician order entry systems market is segmented as follows:

1) Computerized Physician Order Entry Systems Market, By Delivery mode

Web Based CPOE
On-Premise CPOE
Cloud Based CPOE

2) Computerized Physician Order Entry Systems Market, By Components

Software
Hardware
Services

3) Computerized Physician Order Entry Systems Market, By End User

Hospital CPOE
Pharmacy CPOE
Laboratory CPOE

4) Computerized Physician Order Entry Systems Market, By Geography

North America

U.S.

Europe

U.K.
Germany
France

Asia

Japan
China

Rest of the World (RoW)

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