The report delivers complete data from 2020 to 2027 based on the revenue generation, and historical, existing, and forecasted growth in the market in terms of the market value and volume. Moreover, the report comprises notable changes taking place in the market structures over the analysis period. Diverse analyses of influential trends in the E-Prescribing Market, confirmable projections, along with macro and micro-economic indicators, regulations, and mandates have also been added in the study. In doing so, the report casts light on the growth of each significant segment of the E-Prescribing Market during this forecast period.
E-prescribing solutions are also known as electronic prescribing solutions which are widely adopted among healthcare industry because of its various benefits such as improved patient safety, fewer medication errors due to handwritten prescriptions, and less risk of lost or misplaced written prescriptions.
Rise in adoption of HER solutions is the key driving factor for market which is expected to boost the global E-prescribing market growth. Furthermore, rise in pressure to minimize medical errors and ADE (Adverse Drug Events) coupled with the need to keep a check on opioid prescriptions in various countries including U.S. will positively contribute the market growth. Also, increase in government initiatives and incentive programs as well as I rise in focus on reducing abuse of controlled substances will fuel the market growth. Moreover, increase in focus on reducing medical errors which is expected to propel the global e-prescribing market growth. For instance, as per the General Medical Council report 2018, in U.K. these prescribing errors and faults are reported in about 9% to 15% of medication orders for hospital patients. By using e-prescribing systems, these faults and errors are reduced in most of the scenarios by almost 85%.
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However, high cost of deployment as well as concern regarding security and workflow are major challenging factors which are expected to hinder the global E-prescribing market growth. Also, reluctance among healthcare professionals to adopt e-prescribing solutions will affect the market growth.
Market Key Players
Various key players are discussed in this report such as
- CERNER CORPORATION,
- EPIC SYSTEMS CORPORATION,
- ALL SCRIPTS HEALTHCARE SOLUTIONS, INC.,
- ATHENAHEALTH, INC.,
- NEXTGEN HEALTHCARE, INC.,
- MEDICAL INFORMATION TECHNOLOGY, INC.,
- RELAY HEALTH CORPORATION,
- SURESCRIPTS-RXHUB, LLC,
- HENRY SCHEIN, INC,
- DRFIRST, INC.
By System Type
- Stand-alone E Prescribing System
- Integrated E-Prescribing System
By Delivery Mode
- Cloud Based
- Web Based
By End User
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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