E-Prescribing Market is expected to project a notable CAGR of 23.5% in 2030.
Global E-Prescribing Market Research Report Size,Share,Growth,Trends and Forecast provides an deep analysis of the E-Prescribing Market including detailed description of market sizing and growth, value, the key opportunities in the E-Prescribing Market and outlines the factors that are and will be driving the growth of the industry taking into consideration the previous growth patterns with Forecast Period 2021-2030.
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The E-Prescribing Market report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global E-Prescribing Market discussed. Overall, this report covers the historical situation, present status and the future prospects.Additionally, the worldwide market is segmented based on type, application, deals, and area. It contains numbers, regions, revenue, and offers just as the thorough computation of the business chain structure, opportunities, industry news analysis. The application portion shows the employments of the product.
The E-Prescribing Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments. The report focuses on regional development status, which includes the market size, share, and volume.
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About E-Prescribing Market:
E-Prescribing Market: Market Segments: By Product (Solutions and Services); By Delivery Mode (Web/Cloud Based and On Premise); By End User (Hospitals, Office-based Physicians and Pharmacy); and Region Global Analysis by Market Size, Share & Trends for 2014 2020 and Forecasts to 2030
Electronic prescribing is a system that makes it possible for prescribers to directly deliver medications to the pharmacy. It plays a key role in maximizing the quality of patient care by reducing mistakes and sending the pharmacy a correct prescription. E-Prescribing is much cheaper, faster and safer for hospitals, physicians and patients and helps preserve and improve the quality of patients’ health care.
E-Prescribing Market is expected to project a notable CAGR of 23.5% in 2030.
E-Prescribing Market to surpass USD 3.5 billion by 2030 from USD 1.1 billion in 2019 at a CAGR of 23.5% throughout the forecast period, i.e., 2020-30. The global demand for e-prescription is primarily driven by rising e-prescription adoption in healthcare systems.
E-Prescribing Market: Segments
Services segment to grow with the highest CAGR of 12.3% during 2020-30
E-Prescribing Market is segmented by products as solutions and services. Based on products, the Solutions segment held the leading position with a market share of around XX.X% in the E-Prescribing market in 2019 owing to growing penetration and high cost of the software. The service segment is expected to expand over the forecast period at a significant pace.
E-Prescribing Market: Market Dynamics
Rising Demand for E-prescription System
Key factors driving the demand for such solutions are rising government funding for the implementation of EHR solutions and the need to minimise the escalating cost of health care. In addition, the worldwide COVID-19 epidemic has led to a greater number of patients in hospitals and the need to better monitor patient records. The need for these solutions is expected to further drive the market in coming years.
High cost of E-Prescribing systems
Despite their advantages, due to the extreme high costs involved, end consumers remain reluctant to implement e-prescribing solutions. Costs are not limited to the one-time purchase of a device, but can include ongoing costs such as implementation services, maintenance and support services, e-prescribing integration of EHR/EMR, and training and education in some cases.
E-Prescribing Market: Key Players
Allscripts Healthcare, LLC
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.
Epic Systems Corporation
Medical Information Technology, Inc.
Practice Fusion, Inc.
E-Prescribing Market: Regions
E-Prescribing Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
E-Prescribing Market in North America held the largest market share of XX.X% in the year 2019 and it is expected to continue its market dominance in the future owing to high number of government initiatives and incentives in the region. Europe is the second largest market for e-prescription software owing to the strict regulatory policies in European countries to prevent medical errors. In addition, EU initiatives are further anticipated to lead to growth. Furthermore, the main reasons leading to the overall market growth are favorable government initiatives at country level, such as incentive programs and strict regulations on handwritten prescriptions due to the possibility of medical errors.
E-Prescribing Market report also contains analysis on:
E-Prescribing Market Segments:
o Integrated Solutions
o Standalone Solutions
By Delivery Mode:
E-Prescribing Market Dynamics
E-Prescribing Market Size
Supply & Demand
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on E-Prescribing Market
Which segment is anticipated to hold the largest market share?
At what CAGR is the market anticipated to grow between 2020 and 2030?
Who are the key players in the E-Prescribing Market?
What could be the challenging factors in the growth of E-Prescribing Market?
What are the growth drivers for the E-Prescribing Market?
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This report provides detail analysis of the market and have a comprehensive understanding of the E-Prescribing market and its commercial landscape. Learn about the various market strategies that are being adopted by leading companies.It provides a five-year forecast assessed based on how the E-Prescribing market is predicted to grow.It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.To understand the future scope and outlooks for the E-Prescribing market.E-Prescribing Market Forecast by regions, type and application, with sales and revenue, from 2021.E-Prescribing Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Detailed TOC of Global E-Prescribing Market Outlook to 2030
2.1. Product Overview
2.2. Market Definition
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4.Average Pricing Analysis
5. Macro-Economic Indicators
6.1. Growth Drivers
7.Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8.Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.2. PEST Analysis
11 E-Prescribing Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.E-Prescribing: Market Segmentation
12.1. By Regions
13. Company Profile
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
14. Consultant Recommendation
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