info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
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.

US E-Prescribing Systems Market Research Report: By Software Type (Standalone Software, Integrated Software, Cloud-based Software), By End User (Hospitals, Physician Offices, Pharmacies, Clinical Laboratories), By Functionality (Medication Management, Patient Information Management, Billing and Payment Management) and By Deployment Mode (On-premises, Cloud-based, Hybrid) - Forecast to 2035


ID: MRFR/HCIT/17206-HCR | 100 Pages | Author: Garvit Vyas| December 2023

US E-Prescribing Systems Market Overview


As per MRFR analysis, the US E-Prescribing Systems Market Size was estimated at 775.6 (USD Million) in 2023. The US E-Prescribing Systems Market Industry is expected to grow from 854(USD Million) in 2024 to 2,118 (USD Million) by 2035. The US E-Prescribing Systems Market CAGR (growth rate) is expected to be around 8.608% during the forecast period (2025 - 2035).

Key US E-Prescribing Systems Market Trends Highlighted


The US E-Prescribing Systems Market is witnessing significant trends driven by technological advancements and regulatory support. One key market driver is the increasing integration of electronic health records (EHR) with e-prescribing systems, which enhances patient safety and streamlines the prescribing process. The U.S. government’s push for a digitized healthcare system, supported by initiatives like the Medicare Access and CHIP Reauthorization Act, has bolstered the adoption of e-prescribing, particularly among healthcare providers seeking to meet regulatory requirements and improve care quality.


Additionally, the rise in telemedicine, accelerated by the COVID-19 pandemic, has created more demand for user-friendly and secure e-prescribing solutions, facilitating prescriptions for remote consultations. Opportunities for growth in the US market are evident in the expansion of e-prescribing capabilities to cater to controlled substances, making it easier for providers to prescribe medications while complying with state regulations. As more states implement legislation to allow e-prescribing for controlled substances, such as the 2018 legislation in New York, the market is likely to see an increase in system adoption.


Moreover, there is an emerging trend towards mobile applications that support e-prescribing, catering to both healthcare providers and patients. This trend reflects the broader shift towards mobile health solutions and patient engagement. In recent times, the focus on interoperability and data sharing among health information systems has become crucial. Initiatives aimed at improving interoperability are seeing significant momentum, with organizations advocating for seamless data exchange to enhance patient outcomes. Overall, the US E-Prescribing Systems Market is evolving rapidly, driven by regulatory frameworks, technological innovations, and the growing push for safer, more efficient healthcare delivery.


US E-Prescribing Systems Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US E-Prescribing Systems Market Drivers


Increase in Adoption of EHR Systems


The adoption of Electronic Health Record (EHR) systems is one of the primary drivers of growth in the US E-Prescribing Systems Market Industry. Approximately 85% of office-based physicians in the United States have adopted EHRs as of recent government statistics. This widespread implementation enables seamless integration of e-prescribing functionalities within EHR systems, facilitating more efficient and accurate medication management.


The increased use of EHRs not only streamlines the prescribing process but also enhances patient safety by reducing medication errors. Entities like the Centers for Medicare & Medicaid Services (CMS) have enacted policies that incentivize healthcare providers to adopt EHR and e-prescribing technologies, indicating a significant commitment to digital healthcare transformation. The push for interoperable health data systems has also made e-prescribing a standard practice, further fueling market growth as healthcare providers seek to improve patient outcomes.


Government Initiatives to Promote E-Prescribing


Government initiatives play a pivotal role in promoting the adoption of e-prescribing systems, serving as a major driver in the US E-Prescribing Systems Market Industry. The Drug Enforcement Administration (DEA) has made strides in regulating electronic prescriptions for controlled substances. This regulatory framework encourages healthcare providers to adopt e-prescribing systems in order to streamline prescription management and improve medication safety.


Additionally, the American Recovery and Reinvestment Act has provided financial incentives under the Meaningful Use program for healthcare providers who implement e-prescribing functionalities. The U.S. federal government's emphasis on combating opioid abuse has also led to increased scrutiny and a push toward electronic prescriptions, thus enhancing the market landscape further.


Rising Demand for Patient Safety and Quality of Care


The rising demand for patient safety and quality care is a strong driver contributing to the expansion of the US E-Prescribing Systems Market Industry. According to data from the Institute of Medicine, medication errors harm at least 1.5 million individuals every year in the United States. E-prescribing systems play a crucial role in decreasing these errors by ensuring legibility and accuracy in prescriptions, thereby improving the overall quality of care provided to patients.


Prominent healthcare organizations, including the American Medical Association (AMA), advocate for the use of e-prescribing as a best practice to reduce errors and enhance patient safety. As healthcare consumers increasingly demand improved service and outcomes, healthcare providers are investing in e-prescribing solutions to elevate their practice standards and satisfy patient expectations.


US E-Prescribing Systems Market Segment Insights


E-Prescribing Systems Market Software Type Insights


The Software Type segment within the US E-Prescribing Systems Market represents a crucial part of the healthcare IT landscape, providing tools essential for improving the efficiency of prescription management and reducing medication errors. This segment is characterized by diverse offerings that cater to various needs within healthcare settings. Standalone Software is significant as it provides a focused solution with minimal integration needs, ensuring rapid adoption among smaller practices looking to streamline their prescription processes without committing to more complex systems.


Integrated Software plays a vital role by incorporating e-prescribing functionalities into broader electronic health record (EHR) systems, fostering seamless health information exchange and enhancing the overall efficiency of clinical workflows. This integration supports better interoperability across various healthcare platforms, leading to improved patient outcomes. On the other hand, Cloud-based Software is gaining momentum due to its scalability, accessibility, and cost-effectiveness, allowing healthcare providers to implement e-prescribing solutions without heavy upfront investments in hardware.


The move towards cloud-based solutions reflects the growing trend of digital transformation in the healthcare sector, with practices enjoying the flexibility of accessing systems from anywhere, which is vital in the evolving landscape of telehealth and remote patient management. Each of these software types addresses specific market needs, contributing to the overall growth of the US E-Prescribing Systems Market, driven by increasing regulatory requirements, technological advancements, and the ongoing push for efficiency and safety in prescribing medications.


As the healthcare sector in the US continues to prioritize patient safety and quality care, these software solutions will become increasingly indispensable in modern healthcare practices, illustrating the dynamic evolution of the US E-Prescribing Systems Market's Software Type segment.


US E-Prescribing Systems Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


E-Prescribing Systems Market End User Insights


The US E-Prescribing Systems Market, focusing on the End User segment, showcases a diverse landscape characterized by various key players, including Hospitals, Physician Offices, Pharmacies, and Clinical Laboratories. Hospitals are crucial as they often have the largest patient volumes and require efficient systems for medication management. Physician Offices benefit from improved workflow and reduced errors, enhancing patient care and experience.


Pharmacies play a vital role in this ecosystem by ensuring seamless medication dispensing and tracking, which is essential for medication adherence. Clinical Laboratories contribute significantly to the overall effectiveness of e-prescribing by accurately processing lab results, allowing healthcare providers to make informed decisions. The growing emphasis on digital transformation in healthcare, patient safety, and regulatory support are the primary drivers for growth in the US E-Prescribing Systems Market.


As the market evolves, trends such as the integration of telehealth services and the adoption of health information exchange will further expand the capabilities of these systems, enhancing communication among these various end users and improving overall healthcare delivery. The ongoing push for interoperability across technology platforms is also pivotal in addressing challenges such as data security and user training.


E-Prescribing Systems Market Functionality Insights


The Functionality segment of the US E-Prescribing Systems Market plays a crucial role in enhancing healthcare delivery through improved processes and outcomes. Key areas within this segment include Medication Management, Patient Information Management, and Billing and Payment Management. Medication Management is vital as it ensures that prescriptions are accurate and comprehensible, significantly reducing medication errors, which are a leading cause of patient harm.


Patient Information Management supports healthcare providers in efficiently accessing and handling patient data, facilitating better diagnosis and treatment plans. This becomes increasingly important as electronic health records continue to evolve and integrate with e-prescribing systems. Furthermore, Billing and Payment Management streamlines the invoicing process and reduces administrative burdens, thus improving overall operational efficiency for healthcare providers.


The growing emphasis on interoperability among healthcare systems also drives advancements in these functionalities, ultimately contributing to better patient care and satisfaction. With the rising trend of telehealth and mobile health applications, the demand for robust, user-friendly e-prescribing functionalities continues to expand, positioning this segment as a significant player within the overall US E-Prescribing Systems Market.


E-Prescribing Systems Market Deployment Mode Insights


The Deployment Mode segment of the US E-Prescribing Systems Market plays a critical role in shaping the overall direction of the industry. This segment encompasses various options such as On-premises, Cloud-based, and Hybrid deployment. On-premises solutions typically provide healthcare organizations with more control over their data, making it appealing for larger institutions with substantial IT resources.


In contrast, Cloud-based systems are gaining traction due to their flexibility, lower upfront costs, and ability to facilitate remote access, making it easier to share prescriptions among medical professionals. The Hybrid model merges the benefits of both On-premises and Cloud-based solutions, offering a balanced approach that can cater to diverse operational needs.


The growing emphasis on patient safety and data security underscores the significance of these deployment modes, as healthcare providers seek systems that can enhance workflow efficiency while ensuring compliance with regulations. As the US healthcare landscape continues to evolve towards digitization, the demand for innovative e-prescribing solutions across these deployment modes is expected to grow, fostering advancements in technology and patient care. This growth reflects an overall upward trend in the US E-Prescribing Systems Market, where adaptability and scalability are becoming increasingly vital for healthcare organizations.


US E-Prescribing Systems Market Key Players and Competitive Insights


The US E-Prescribing Systems Market is characterized by rapid advancements in technology and the growing demand for efficient, secure, and user-friendly prescription management solutions. This market has seen significant competition among various players who strive to enhance their offerings through innovative features, integration capabilities, and compliance with regulatory standards. The competitive landscape is shaped by a range of factors including the increasing adoption of electronic health records, government mandates pushing for digital healthcare solutions, and the need for improved patient safety and reduced prescription errors.


Companies in this sector are focusing on enhancing their technology stacks and forming strategic partnerships to gain a competitive edge and meet the evolving demands of healthcare providers.


Allscripts Healthcare Solutions


Allscripts Healthcare Solutions stands out in the US E-Prescribing Systems Market due to its strong market presence and comprehensive software solutions catering to the needs of healthcare providers. Known for its robust suite of customized E-Prescribing tools, Allscripts has established itself as a leader by offering integrated services that streamline workflow and enhance patient care.


The company's strengths lie in its ability to deliver a user-friendly interface, real-time prescription processing, and extensive interoperability with other healthcare systems, making it a preferred choice for many practices. Moreover, Allscripts maintains a significant presence in the healthcare landscape through various partnerships and collaborations with a variety of healthcare organizations and technology providers, enabling them to continually innovate and expand their offerings.


Cureatr


Cureatr has carved out a niche in the US E-Prescribing Systems Market with its focus on enhancing medication management and providing a platform that promotes interoperability among providers. The company offers a range of products and services, including a robust E-Prescribing solution that simplifies the prescription process and enhances patient safety.


Cureatr's strength lies in its commitment to integrating healthcare data across various platforms and providing real-time information to healthcare providers. The company has made strategic moves in terms of mergers and acquisitions to bolster its capabilities and expand its market presence. Such actions have enabled Cureatr to enhance its offerings and strengthen its competitive position. With its innovative solutions and commitment to improving healthcare workflows, Cureatr continues to be a relevant player in the dynamic landscape of US E-Prescribing Systems.


Key Companies in the US E-Prescribing Systems Market Include



  • Allscripts Healthcare Solutions

  • Cureatr

  • NextGen Healthcare

  • Roche Diagnostics

  • Surescripts

  • Practice Fusion

  • Amazon Web Services

  • eClinicalWorks

  • McKesson Corporation

  • GE Healthcare

  • Medidata Solutions

  • Athenahealth

  • Epic Systems

  • Cerner Corporation


US E-Prescribing Systems Market Industry Developments


The US E-Prescribing Systems Market has been witnessing significant developments recently. In October 2023, Allscripts Healthcare Solutions announced an expanded partnership with Surescripts to enhance their electronic prescribing services, aiming to streamline prescription workflows for healthcare providers. Additionally, in September 2023, eClinicalWorks reported a surge in user adoption, leading to an increase in their market valuation, as healthcare facilities increasingly prioritize digital solutions.


The market trend towards integration is further illustrated by NextGen Healthcare's collaboration with Amazon Web Services, which aims to enhance data security and accessibility in prescribing systems. In terms of mergers and acquisitions, Roche Diagnostics acquired a small tech startup in August 2023, focusing on integrating advanced analytics into their e-prescribing solutions. The rapidly evolving landscape of telehealth, accelerated by the COVID-19 pandemic, has fundamentally changed the dynamics of the E-Prescribing market; as a result, organizations like Epic Systems and Cerner Corporation are positioning themselves to leverage advancements in artificial intelligence and machine learning. Overall, the US E-Prescribing Systems Market is navigating a transformative phase characterized by technological advancements and strategic collaborations among key players.


US E-Prescribing Systems Market Segmentation Insights


E-Prescribing Systems Market Software Type Outlook



  • Standalone Software

  • Integrated Software

  • Cloud-based Software


E-Prescribing Systems Market End User Outlook



  • Hospitals

  • Physician Offices

  • Pharmacies

  • Clinical Laboratories


E-Prescribing Systems Market Functionality Outlook



  • Medication Management

  • Patient Information Management

  • Billing and Payment Management


E-Prescribing Systems Market Deployment Mode Outlook



  • On-premises

  • Cloud-based

  • Hybrid

Report Attribute/Metric Source: Details
MARKET SIZE 2018 775.6(USD Million)
MARKET SIZE 2024 854.0(USD Million)
MARKET SIZE 2035 2118.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 8.608% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED Allscripts Healthcare Solutions, Cureatr, NextGen Healthcare, Roche Diagnostics, Surescripts, Practice Fusion, Amazon Web Services, eClinicalWorks, McKesson Corporation, GE Healthcare, Medidata Solutions, Athenahealth, Epic Systems, Cerner Corporation
SEGMENTS COVERED Software Type, End User, Functionality, Deployment Mode
KEY MARKET OPPORTUNITIES Cloud-based solutions adoption, Integration with telehealth services, Enhanced security features demand, AI-driven prescription analytics, CMS reimbursement incentives expansion
KEY MARKET DYNAMICS regulatory compliance requirements, increasing telehealth adoption, rising prescription costs, demand for interoperability, improving patient safety
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US E-Prescribing Systems Market is expected to reach a value of 854.0 million USD by the year 2024.

By 2035, the market valuation is anticipated to grow to 2118.0 million USD.

The market is expected to grow at a CAGR of 8.608 percent from 2025 to 2035.

Cloud-based Software holds a significant portion of the market, projected at 354.0 million USD in 2024.

The Standalone Software segment is expected to reach a market value of 486.0 million USD by 2035.

Major players include Allscripts Healthcare Solutions, Cureatr, NextGen Healthcare, and Surescripts among others.

The Integrated Software segment is projected to have a market value of 300.0 million USD in 2024.

Key growth drivers include advancements in technology and increasing demand for efficient healthcare solutions.

Regional trends tend to influence market growth, with demand for e-prescribing systems increasing in urban healthcare settings.

Challenges may include regulatory hurdles and the need for interoperability among different healthcare systems.

Leading companies partner with us for data-driven Insights.

clients

Kindly complete the form below to receive a free sample of this Report

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

report-img
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.