Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Government actions to encourage electronic prescribing affect the market for electronic prescription systems. Healthcare practitioners worldwide are under pressure from governments to switch from paper orders to digital tracking. This improves patient safety, reduces medication mistakes, and streamlines healthcare.
Electronic prescription systems decrease medication mistakes and side effects, making them crucial to market shaping. Electronic ordering eliminates misunderstandings and improves prescription accuracy, improving patient safety and results.
Electronic prescription tools compatible with EHRs help the industry grow. Integration helps doctors choose prescriptions by giving them access to a lot of patient data, such as drug history and allergies.
Prescription software is improving, making electronic prescribing systems more useful. New technologies including decision support tools, real-time menu inspections, and computerized prior approval boost industry growth. These technologies boost electronic prescription market development by improving efficiency and effectiveness.
Healthcare integration is attracting commercial interest. Electronic prescription systems that ease communication between doctors, pharmacists, and others are becoming more common. This improves healthcare integration.
E-Prescribing Systems are in demand because to the rise in telehealth and remote consultations. Electronic prescribing makes virtual care prescriptions easier for doctors. Patients may acquire their drugs quickly without visiting the pharmacy.
Electronic prescription solutions that stress patient engagement and simplicity of use grow the market. Electronic prescription refills, patient access to prescription information, and medication adherence comments enhance patient experience and encourage doctors to use electronic prescribing. Medication adherence tracking is another benefit.
Electronic prescribing systems are affected by strict prescription-filling rules. Electronic ordering alternatives must comply with US rules such the Electronic ordering of Controlled Substances (EPCS) law.
The sector is facing growing patient privacy and data security issues. Encryption and secure data transfer in electronic prescription systems build trust among healthcare professionals and patients, which boosts business growth.
Healthcare organisations are increasingly seeking electronic prescription tools to save money and boost productivity. Electronic ordering simplifies pharmaceutical management, lowers mistakes, and simplifies paper prescription paperwork. All of these elements make healthcare more efficient and cost-effective.
To maximize market outcomes, collaborate and integrate with pharmacists. Electronic prescribing solutions simplify physician-pharmacist communication, making prescription fulfillment faster. This reduces delays and improves drug control.
E-Prescribing Systems Market Highlights:
Global E-Prescribing Systems Market Overview
E-Prescribing Systems Market Size was valued at USD 3.57 Billion in 2023. The E-Prescribing Systems industry is projected to grow from USD 4.48 Billion in 2024 to USD 27.43 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 25.88% during the forecast period (2024 - 2032).
E-prescribing or electronic prescribing is a technology that helps in the generation and electronic transmission of prescriptions from a physician to pharmacists. E-prescribing helps in improving the safety and quality of patient care and enable access to patient history to ensure better care.
The E-Prescribing systems market is estimated to register a healthy growth. The market is majorly driven by the increasing government initiatives and incentive programs to improve quality of healthcare, to cut healthcare cost, and reduce prescription errors. Additionally mandate healthcare programs and projects in the developed countries are propelling the growth of the market.
E-Prescribing Systems Market Segment Insights
The E-Prescribing systems market is segmented on the basis of system type, mode of delivery, component, and end users.
E-Prescribing Systems System Type Insights
On the basis of the system type, the market is segmented as Stand-alone system, and Integrated system.
E-Prescribing Systems Mode of Delivery Insights
On the basis of mode of delivery, the market is segmented into Cloud-based, Web-based, and on-premise.
E-Prescribing Systems Components Insights
On the basis of by component, the market is segmented into Software, Hardware, and Services.
E-Prescribing Systems End-User Insights
On the basis of end user, the market is segmented into Hospitals, Clinics and Pharmacy.
E-Prescribing Systems Regional Insights
North America holds the maximum share of e-prescribing systems market in the Americas region. On a regional basis, the Americas is segmented into North America and South America. North America is segmented into the U.S. and Canada. Rising government initiatives and funding has increased the scope of the market in North America.
Europe accounts for a healthy market share due to factors such as rising healthcare networks and healthcare related projects. Growing healthcare expenditure and infrastructure is driving the e-prescribing systems market in Europe. For instance, adoption of the European Patient Smart Open Services in 2013, has led to the electronic submission of patient summaries and prescription.
Asia Pacific is the expected to register the fastest growth rate for the market. The high growth rate is attributed to rising healthcare organizations, growing healthcare programmes, and projects to enhance patient care and safety. Additionally, active inclination towards digitization to reduce human errors and frauds, increasing healthcare expenditure, and demand for new technology is fuelling the market growth.
The Middle East & Africa is expected to show slow growth in the market . Major factors that are likely to hamper the growth are lack of awareness regarding patient management software, and limited access and availability of treatment facilities. In the Middle East, United Arab Emirates has garnered the largest market share owing to the development of healthcare infrastruture and rising number of specialty care centers.
Key Companies in the E-prescribing systems market include
Some of the key players in the e-prescribing systems market are
- Aprima, Cerner Corporation
- eClinicalWorks
- Practice Fusion, Inc
- eMDs, Inc.
- Surescripts
- Allscripts
- iMedX Inc
- Athena health Inc
- Henry Schein e-prescribe
Intended Audience
- Pharmaceutical Manufacturers and Suppliers
- Medical Research Laboratories
- Research and Development (R&D) Companies
- Market Research and Consulting Service Providers
- Potential Investors
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
