E-prescribing - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global E-prescribing market is accounted for $836.89 million in 2018 and is expected to reach $3,944.73 million by 2027 growing at a CAGR of 18.8% during the forecast period. Some of the key factors propelling the market growth are rising need to curtail escalating healthcare costs and focus on reducing medication errors. However, high cost of deployment and security issues are the restraining factor for the growth of the market.
E-prescribing is a technology which allows physicians and other medical practitioners to write and send accurate, error-free prescriptions to a pharmacy electronically. It is electronically generated medical prescription used widely for the sharing of data and information between prescriber, pharmacy and dispenser. This does not involve usage of handwritten or faxed notes or call-in prescriptions. This system offers extensive range of applications. It provides comprehensive form of medical data ensures all security checks and patents identification. It offers complete privacy to the disease information and patient’s identification with present and historical data.
By product, standalone solutions segment is expected to grow at the significant market share during the forecast period as these systems are independent single entity systems utilized for drugs. This system runs on software that acts a single mode, through which doctors or specialists prescribe medications to patients. These applications are less expensive and simpler to install than integrated systems. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to healthcare organizations in the region that are effectively moving towards digitization with an attention on streamlining their entire workflow and ensuring patient safety. The medical clinics in Japan are generally adopting best practices, for example, healthcare information exchange, e-prescribing and electronic health record systems, to give quality care to patients.
Some of the key players in E-prescribing Market include Allscripts Healthcare Solutions Inc, Athenahealth Inc, Cerner Corporation, Change Healthcare Holdings Inc, Computer Programs and Systems Inc, Drfirst Inc, Eclinicalworks, EPIC Systems Corporation, GE Healthcare, Greenway Health LLC, Henry Schein Inc, Medical Information Technology Inc, Practice Fusion Inc, Quality Systems Inc, Relayhealth Corporation and Surescripts-Rxhub LLC.
• Sports Medicine
• Other Specialties
• Computer-Based Devices
• Handheld Device
• Non-controlled Substances
• Controlled Substances
Delivery Modes Covered:
• On-Premise Solutions
• Web & Cloud-Based Solutions
End Users Covered:
• Office-Based Physicians
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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