Global computerized physician order entry market size is expected to grow at a CAGR of 6.7% by 2028. The global market was valued at over $1 Billion in 2021 and is projected to generate a revenue of over $2.2 Billion during the forecast period.
FrequentlyAsked Questions
In current times, medical cases have become extremely complex and no two patients share the same healthcare history. Hence it has become imperative to create a system where all of the medical records can be effectively stored and accessed by all relevant stakeholders thus propelling the global computerized physician order entry market growth. Since healthcare is the backbone of any economy, governments have been investing heavily to improve the healthcare systems in their respective regions and this has intensified the adoption of IT for various health-related processes which may aid the global market expansion during the forecast period.
As per Zion Market Research, the global computerized physician order entry market is expected to grow at a CAGR of 6.7% by 2028. The global market was valued at over $1 Billion in 2021 and is projected to generate a revenue of over $2.2 Billion during the forecast period.
Asia-Pacific is showing excellent signs of growth in the global computerized physician order entry market majorly due to rising medical tourism in countries like China and India, propelling the government to take steps that will reduce the overall medical expense while also maintaining the quality of the services. The constant innovation in the IT sector is also expected to aid regional growth since there is a presence of multiple IT service providers and there is a drastic change in the marketing initiatives undertaken by these companies.
The global computerized physician order entry market is dominated by players like Cerner Corporation, Siemens Healthcare, Allscripts, GE Healthcare, Athenahealth, Inc., Mckesson Corporation, eClinicalWorks LLC, Philips Healthcare, Epic Systems, and Medical Information Technology, Inc.
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