PUBLISHER: Value Market Research | PRODUCT CODE: 1475189
PUBLISHER: Value Market Research | PRODUCT CODE: 1475189
The global demand for ePrescribing Market is presumed to reach the market size of nearly USD 15.95 Billion by 2032 from USD 3.07 Billion in 2023 with a CAGR of 20.09% under the study period 2024 - 2032.
ePrescribing, short for electronic prescribing, is a digital healthcare technology enabling healthcare providers to generate and transmit prescriptions to pharmacies directly from their electronic health record (EHR) systems or electronic prescribing software. This process eliminates the need for paper-based prescriptions, reducing errors, improving efficiency, and enhancing patient safety. It allows healthcare providers to access patient medication histories, screen for drug interactions, and send prescriptions securely to pharmacies, streamlining the medication management process. Additionally, it promotes better coordination of care among healthcare providers and facilitates medication adherence by patients, leading to improved healthcare outcomes and medication management efficiency.
The digitization of healthcare systems and adopting electronic health records (EHRs) drive the demand for electronic prescribing solutions. Healthcare professionals increasingly acknowledge the benefits of ePrescribing, such as improved medication safety, enhanced efficiency, and reduced medication errors. Additionally, government initiatives and regulations promoting ePrescribing systems to improve patient care, reduce healthcare costs, and combat prescription drug abuse fuel market growth. Moreover, integrating ePrescribing solutions with pharmacy systems, electronic medical records, and clinical decision support tools expands their functionality and usability, driving adoption among healthcare providers. Furthermore, the COVID-19 pandemic has hastened the adoption of telehealth and remote healthcare services, creating opportunities for vendors to offer integrated telemedicine solutions. Technological advancements such as mobile applications, electronic prior authorization capabilities, and interoperability standards contribute to market growth. However, interoperability issues and concerns about data security may challenge the market growth in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of eprescribing. The growth and trends of eprescribing industry provide a holistic approach to this study.
This section of the eprescribing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the ePrescribing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ePrescribing market include Allscripts Healthcare, LLC, Athenahealth, Change Healthcare, DrFirst, Epic Systems Corporation, McKesson Corporation, Networking Technology, Inc., NXGN Management, LLC, Practice Fusion, Inc., Surescripts. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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