Computerized Physician Order Entry Industry Strategies With Forecast Till 2030
The global computerized physician order entry (CPOE) market size was valued at USD 1.94 billion in 2023 and is projected to reach USD 2.97 billion by 2030, expanding at a CAGR of 6.3% from 2024 to 2030. The increasing demand for specialized and purpose-built solutions that cater specifically to the unique needs of order entry processes, without requiring extensive integration with other hospital systems, is a major factor fueling this market growth. CPOE systems have become a critical component in modern healthcare delivery, offering a streamlined and efficient way for physicians to electronically input orders for medications, laboratory tests, radiology scans, and other clinical services. By digitizing the ordering process, CPOE systems minimize the risks commonly associated with handwritten or verbal instructions. Traditional methods often carry a higher chance of misinterpretation, transcription errors, or communication gaps, which can lead to serious consequenc...