Global E-Prescribing Market Size & Share to 2027

Global E-Prescribing Market Size & Share to 2027

Global E-Prescribing Market Size, Trends & Growth Opportunity, By Component (Hardware, Software, and Services), By System type (Stand-alone E Prescribing System, and Integrated E-Prescribing System), By Delivery Mode, By Region and Forecast till 2027

Global E-Prescribing Market

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.

Market Drivers

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%.

Market Restraints

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 Segmentation

Global E-Prescribing Market is segmented into component such as Hardware, Software, and Services, by system type such as Stand-alone E Prescribing System, and Integrated E-Prescribing System. Further, market is segmented into delivery mode such as Cloud Based, Web Based, and On-Premise, by end user such as Hospitals, and Clinics.

Also, Global E-Prescribing Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as CERNER CORPORATION, EPIC SYSTEMS CORPORATION, ALLSCRIPTS HEALTHCARE SOLUTIONS, INC., ATHENAHEALTH, INC., NEXTGEN HEALTHCARE, INC., MEDICAL INFORMATION TECHNOLOGY, INC., RELAYHEALTH CORPORATION, SURESCRIPTS-RXHUB, LLC, HENRY SCHEIN, INC, and DRFIRST, INC.

Market Taxonomy

By Component

• Hardware
• Software
• Services

By System Type

• Stand-alone E Prescribing System
• Integrated E-Prescribing System

By Delivery Mode

• Cloud Based
• Web Based
• On-Premise

By End User

• Hospitals
• Clinics

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global E-Prescribing Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

E-Prescribing Market,E-PrescribingIndustry,E-PrescribingMarket Size,E-PrescribingMarket Share,E-PrescribingMarket Trend,E-PrescribingMarket Growth