E Prescribing Market 2022-2029
The E Prescribing Market is expected to grow at a stupendous rate in the next 10 years. The healthcare industry is being driven by innovation. The very idea of “Customer is the King” is being implemented. As such, healthcare IT solutions come across as a meticulous and complex system that constitutes interconnected and large-scale systems wherein micros are being worked upon. These would be the facets of the healthcare vertical going forward.
According to a new market report published by Persistence Market Research “Global Market Study on E-Prescribing: North America to Witness Highest Growth by 2029,” the global E-Prescribing market was valued at USD 250.2 million in 2022 and is expected to grow at a CAGR of 23.5% from 2022 to 2029, to reach an estimated value of USD 887.8 million in 2029.
Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3087
Electronic prescribing or E-Prescribing (e-Rx) is electronic transmission of prescriptions from physician to pharmacists using computer and other mobile devices, such as cell phone and tablets. The global E-Prescribing market is witnessing a significant growth led by various government programs to implement E-Prescribing systems in order to improve quality of healthcare and reduce medication errors. E-Prescribing systems are used in various applications including preparation of complete medication list, data security checks, complete information of formulary and patient historical data.
These advanced features of E-Prescribing are also supporting in growth of E-Prescribing market. Additionally, improved healthcare infrastructure has increased the demand for E-Prescribing system. Moreover, implementation of electronic healthcare records with E-Prescribing system holds immense potential for the growth of E-Prescribing market. E-Prescribing market is expected to grow a CAGR of about 23.5% during 2013-2019.
Some of the major players operating in the E-Prescribing market:
- Henry Schein, Inc.
- Cerner Corporation.
- Allscripts.
- eClinicalWorks.
- DrFirst.
- Practice Fusion, Inc.
- Surescripts.
- HealthFusion, Inc.
- Emdeon.
- athenahealth, Inc.
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/3087
However, high cost of E-Prescribing system and lack of patient privacy and security impede growth of E-Prescribing market. Moreover, lack of high-speed broadband facilities and IT professionals in rural areas are also some of the key restraints for the E-Prescribing market.
Europe holds the largest share in E-Prescribing market. Many eHealth projects in Europe are playing a vital role in the adoption of E-Prescribing system such as European Patient Smart Open Services (epSOS) and Schleswig-Holstein Health Initiative.
However, North America is the fastest growing region in the E-Prescribing market. Increased adoption of E-Prescribing system and improved healthcare infrastructure are major drivers for E-Prescribing market in North America. Moreover, several government initiatives are also promoting the usage of E-Prescribing system such as Health Information Technology for Economic and Clinical Health (HITECH) Act and National Council for Prescription Drugs Program.
In Asia, usage of E-Prescribing system is increasing due to medical infrastructure development and government initiative programs. Growing medical infrastructure has led to improvement in primary healthcare services, village clinics and urban healthcare centers through the adoption of healthcare IT technologies.
The global market of E-Prescribing is segmented as follows:
E-Prescribing Market, By Product Type
- Integrated system
- Stand-alone system
E-Prescribing Market, By Component
- Software
- Hardware
- Services
E-Prescribing Market, By Delivery Mode
- Web-based
- On-premise/licensed
- Cloud-based
E-Prescribing Market, By Usage Mode
- Hand-held device
- PC-based
E-Prescribing Market, By End User
- Hospital
- Office-based physician
Access Full Report@ https://www.persistencemarketresearch.com/checkout/3087
Major Highlights of the E Prescribing Market Report:
- The E Prescribing Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the E Prescribing Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Contact Us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com