E PRESCRIBING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2022 to 2030)

E-Prescribing or electronic prescribing is the process of electronically generating and sending a prescription order to a pharmacy directly from the point of care. E-Prescribing improves accuracy, enhances patient safety and quality of care as there are no chances of false interpretation by pharmacist in prescriptions. With the help of e-prescribing tools healthcare providers can enter prescription information into a computer device such as a laptop, tablet, or desktop computer and securely transmit the prescription to pharmacies using a special software program and connectivity to a transmission network.

Market Dynamics

Increasing inorganic growth strategies such as partnership among the market player is expected to drive the market growth over the forecast period. For instance, in September 2020, MediRecords, a clinical and practice management software, partnered with the eRX Script Exchange, a prescriptions exchange servicing company, to provide electronic prescriptions directly to patients with fast-track compliance. This partnership will help the company in further expansion of the company in software sector.

Furthermore, increasing demand to reduce medication errors caused due to wrong interpretation and pronunciation of drugs. For instance, on July 3, 2022, National Center for Biotechnology Information, published a report on Medication Dispensing Errors and Prevention, which reported that close to 6,800 prescription medications and countless over-the-counter drugs are available in the U.S., whereas each year, in the U.S. alone, 7,000 to 9,000 people die as a result of a medication error. Additionally, hundreds of thousands of other patients experience but often do not report an adverse reaction or other medication complications. The total cost of looking after patients with medication-associated errors exceeds US$ 40 billion each year in US.

Key features of the study:                                          

• This report provides an in-depth analysis of the global e-prescribing market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 – 2030), considering 2021, as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
• It profiles key players in the global e-prescribing market based on following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include, Allscripts Healthcare Solutions, Inc., Athenahealth, Inc., Change Healthcare Holdings, Inc., Cerner Corporation, Computer Programs and Systems Inc., DrFirst, Inc., eClinicalworks, Epic Systems Corporation, GE Healthcare, Henry Schein, Inc., Medical Information Technology, Inc., Practice Fusion, Inc., Quality Systems, Inc., RelayHealth Corporation, and Surescripts-RxHub, LLC.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
• The global e-prescribing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global e-prescribing market

Detailed Segmentation:

• Global E-Prescribing Market, By Product Type:
  • Software
  • Services
• Global E-Prescribing Market, By Deployment:
  • Web & Cloud-based
  • On-premise
• Global E-Prescribing Market, By End User:
  • Hospital
  • Clinics
  • Pharmacies
• Global E-Prescribing Market, By Region:
  • North America
    • By country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • U.K.
      • Germany
      • Italy
      • Spain
      • France
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • Australia
      • India
      • China
      • Japan
      • ASEAN
      • South Korea
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Country/Region
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • Allscripts Healthcare Solutions, Inc.*
    • Company Highlights
    • Product Portfolio
    • Financial Performance
    • Recent Highlights
  • Athenahealth, Inc.
  • Change Healthcare Holdings, Inc.
  • Cerner Corporation
  • Computer Programs and Systems Inc.
  • DrFirst, Inc.
  • eClinicalWorks
  • Epic Systems Corporation
  • GE Healthcare
  • Henry Schein, Inc.
  • Medical Information Technology, Inc.
  • Practice Fusion, Inc.
  • Quality Systems, Inc.
  • RelayHealth Corporation
  • Surescripts-RxHub, LLC

 “*” marked represents similar segmentation in other categories in the respective section.