The global E-Prescribing market size is estimated at 6,153.85 million USD with a CAGR of 23.8% during the forecasted period from 2021-2028.
A process where electronically generated prescription orders are sent, so that medical practitioners can transfer an electronic prescription to a drugstore right from the point of care is referred to E-Prescribing. This solution is extensively implemented in the healthcare sector owing to its advantages such as enhanced patient safety, less medication errors as handwritten prescriptions can be unclear at times, and so on. This ultimately is anticipated to enhance development of the Global E-Prescribing market during the forecast period.
The key factor driving the growth of market is attributed to technical innovations along with the requirement for electronic healthcare records. In addition, increasing demand to lessen the healthcare expenditures along with attention to decrease mistakes in medications.
Moreover, increasing support from government to surge the use of IOT in healthcare is projected to foster the market size. Also, factors such as large geriatric pool, increasing occurrence of chronic diseases and high disposable income is estimated to uplift the demand E-Prescribing.
Besides, the outburst of COVID-19 pandemic across the globe has positively impacted the E-Prescribing market. This is owed to a rise in teleconsultations & telemedicine and stopping community spread of the virus is supporting the market growth.
On the other hand, factors such as high deployment cost is projected to limit the market growth.
E-PrescribingÂ MarketÂ Research Objective
â¢ To explain the definition and scope of the research study based on product, delivery mode, end user and geography.
â¢ Estimate the current market size and forecast the same for 2017 to 2025
â¢ Market size breakdown for each of the segments and regions analyzed
â¢ Insights on the major market dynamics (drivers, restraints & opportunities) and their impact analysis for the analysis period
â¢ Micro and macro level analysis of the market to elucidate eminent investment opportunities
â¢ Porterâs Five forces analysis to deliver a comprehensive buyer-seller scenario and the state of the business environment
â¢ Identification of the E-prescribing market trends in current scenario as well as growth indicators
â¢ Benchmarking leading vendors in the E-prescribing market industry based on their strategic attempts, financial status, and other internal and external parameters
E-PrescribingÂ MarketÂ Segmentation
o Integrated Solutions
o Standalone Solutions
o Support & Maintenance Services
o Implementation Services
o Network Services
o Training and Education Services
By Delivery Mode
â¢ Web & Cloud-Based Solutions
â¢ On-Premise Solutions
By End User
â¢ Office-Based Physicians
â¢ North America
o Rest of Europe
â¢ Asia-Pacific (APAC)
o Rest of APAC
â¢ Rest of World
o Latin America
o Middle East & Africa
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â¢ Split of the regional market into specific countries as per your research requirements
â¢ Further breakdown of the major segments into sub-segments (as per request)
Vendor Profile Customization
â¢ Further exhaustive analysis of additional companies operating in the market as per your request.
â¢ Research report onÂ E-Prescribing Market covering specific country/region only
â¢ Requests for data tables only (specific requirement to quantitative research)