E-prescribing Market Analysis–Industry Specific Opportunities and Trends Affecting the Growth

New York, Global E-prescribing Market report from Global Insight Services is the single authoritative source of intelligence on E-prescribing Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

E-prescribing, also known as electronic prescribing, is the computer-based, electronic generation and transmission of a medication prescription, taking the place of paper and faxed prescriptions. The terms e-prescribing and e-Rx refer to the electronic prescribing of medications. When prescriptions are electronically transmitted using computer technology, it is possible to automatically check for drug-drug and drug-allergy interactions. In addition, e-prescribing can help to reduce medication errors, such as wrong dosage, wrong medication, and wrong patient.

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Key Trends

There are several key trends in e-prescribing technology. One is the use of electronic health records (EHRs). EHRs can help physicians keep track of patients’ medications and allergies, as well as laboratory results.

Another trend is the use of clinical decision support tools. These tools can help physicians make better prescribing decisions by providing them with information about drug interactions and allergies.

Finally, many e-prescribing systems now allow patients to request refills online. This can improve patient convenience and satisfaction.

Key Drivers

There are several key drivers of the e-prescribing market. One is the increasing use of electronic health records (EHRs). EHRs make it easier for providers to manage patient medications and track clinical data.

Another key driver is the increasing number of regulations requiring the use of e-prescribing. For example, the Centers for Medicare and Medicaid Services (CMS) has mandated the use of e-prescribing for certain Medicare medications.

Finally, there is a growing focus on patient safety. Medication errors are a major problem in the healthcare system, and e-prescribing can help to reduce these errors.

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Market Segments

The E-prescribing market is segmented by product, delivery mode, end-user, and region. By product, the market is classified into solutions and services. The solutions segment is divided into integrated and standalone. By services, the market is segmented into training, implementation, support, and network. Based on the delivery mode, it is bifurcated into cloud-based, and on-premise. On the basis of the end-user, it is divided into hospitals, office-based physicians, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the rest of the World.

Key Players

The E-prescribing market includes players such as Epic Systems Corporation, Cerner Corporation, Allscripts, NextGen Healthcare, RelayHealth LLCHenry Schein Inc., GE Healthcare, Computer Programs and Systems Inc., DrFirst Inc., Surescripts-RxHub LLC, and others.

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