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Latin America Computerised Physician Order Entry Market Research Report - Segmented By Component, Type, Deployment, End User & Country (Mexico, Brazil, Argentina, Chile & Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecasts | 2023 to 2028

Published: March, 2023
ID: 6078
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Computerised Physician Order Entry Market Size & Growth (2023 to 2028):

As per the research report, the Latin America Computerised Physician Order Entry Market Size is valued at USD 0.13 billion in 2023 and expected to grow at a CAGR of 6.71%, reaching USD 0.18 billion by 2028, during the forecast period 2023 to 2028.

The Latin American computerised physician order entry market is likely to develop. Government initiatives, improving the quality of healthcare and patient-centered services, and expanding healthcare IT usage are all projected to drive the market forward.

One of the most important factors is that the growing demand for integrated healthcare will propel the market for computerised physician order entry systems. In addition, there have been countless instances of pharmaceutical errors, highlighting the necessity for an automated system to collect and manage patient data.

In addition, various governments worldwide are actively promoting CPOE systems in conjunction with sophisticated healthcare infrastructure, which is projected to favor market growth over the forecast period.

Computerised physician order entry systems will continue to grow as the demand for efficient and accurate gathering and sharing of extensive patient data across clinics, hospitals, and laboratories grows. In addition, incorporating CPOE systems with clinical decision support systems (CDSS) and electronic health record (EHR) systems makes it easier to provide coordinated patient care. This has been a significant benefit in driving demand for CPOE systems.

In addition, the ability of integrated computerised physician order entry systems to provide continuous patient care throughout an illness is expected to drive up demand in the healthcare industry.

The patient-centric approach is a more evident trend in the market, one of the most significant aspects. Furthermore, the growing use of wireless and cloud technology is having an impact on market growth.

The healthcare delivery area is often short on skilled and expert individuals, significantly impeding the market growth. Furthermore, the market is expected to be hampered by costly and time-consuming installation. Interoperability difficulties have also been a long-standing impediment to developing the Latin American market for CPOE systems.

This research report on the Latin America Computerised Physician Order Entry Market has been segmented and sub-segmented into the following categories:

By Component:

  • hardware
  • Software
  • Service

By Type:

  • Integrated
  • Standalone

By Deployment:

  • Web-Based
  • On-Premise
  • Cloud-Based

By End User:

  • Hospitals
  • Office-Based Physicians
  • Emergency Healthcare Service Providers
  • Nurses 

By Country:

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Geographically, the Latin America has a moderate share of the global and computerised physician order entry (CPOE) markets, owing to the rising need for a paperless environment to reduce human error and the desire to reduce treatment costs and order completion time.  

The Mexico Computerised physician order entry market is expected to grow significantly due to increased investments by prominent healthcare IT businesses. As a result, they are expected to speed up adoption in the region. Furthermore, the patient-centric approach is becoming more apparent in today's market.

The Brazil Computerised physician order entry market is predicted to reach a decent CAGR due to the growing use of wireless and cloud technology that impacts the market growth over the forecast period.

The adoption of IT systems and software in clinics and hospitals in Latin America has been aided by implementing and using electronic health records (EHRs) and other health information technology (HIT) proved to improve primary care practice transformation.

KEY MARKET PLAYERS

Prominent companies leading in the Latin America Computerised Physician Order Entry Market profiled in the report are eClinicalWorks LLC (U.S.), Athenahealth, Medical Information Technology, Inc. (U.S.), Cerner Corporation (U.S.), Allscripts (U.S.), Epic Systems (U.S.), GE Healthcare (U.K.)., 

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