The global demand for E-Prescribing Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
E-prescribing is a process of eletronically generating and sending a prescription order. Medical practitioners and physians transmit electronic prescription to a pharmacy from the point of care. The outline meant to reduce the traditional way of prescription scriptwriting and improves patient safety, quality of care, error-free, and accuracy. The electronic prescribing system includes four main components: prescriber, transaction hub, electronic prescribing software, and pharmacy benefit manager.
Digital connectivity has vastly improved every inch of the business. Utility of paper is fading away and is no longer adopted due to availabletechnology. Major driving force regulating is growth is improving patient safety. Medication errors and adverse drug events contribute to approximately 7,000 deaths annually, with an estimated cost for drug-related morbidity and mortality exceeding. E-prescribing is recognised as a promising tool to reduce such recommendation and errors. Another contributing factor is physicians and offices are more familiar with computer technology. However, the market has low penetration in developing countries due to financial consideration, usability complexity, integration issues, and low awareness about its benefits. This is estimated to impede the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of E-Prescribing.
The entire E-Prescribing market has been sub-categorized into solution, services, delivery mode, and end user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Integrated Solutions
- Standalone Solutions
By Delivery Mode
By End User
- Office-based Physicians
This section covers regional segmentation which accentuates on current and future demand for E-Prescribing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global E-Prescribing Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the E-Prescribing market include EPIC Systems Corporation, Cerner Corporation, Allscripts Healthcare Solutions, Inc., Athenahealth Inc., Quality Systems Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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