Global E-Prescribing Market to Grow at 21.05% During 2024-2032, Bolstered by Rapid Digitization in Healthcare Industry

April 29, 2021 | Healthcare

According to the latest report by IMARC Group, titled “E-Prescribing Market Report by Component (Solutions, Services), Delivery Mode (Web-Based, Cloud-Based, On-Premises), End User (Hospitals, Pharmacies, Office-Based Physicians, and Others), Specialties (Oncology, Sports Medicine, Neurology, Cardiology, and Others), and Region 2024-2032, the global e-prescribing market is expected to exhibit a CAGR of 21.05% during 2024-2032. E-prescribing or electronic prescribing refers to the process of producing and sharing prescriptions from physicians to pharmacists via computer-based solutions. It improves accuracy and enhances the quality of care provided to the patients by reducing the chances of confusion created in handwritten prescriptions. E-prescribing aids data security checks and the extraction of complete information of patient history and formulary. Nowadays, the e-prescribing system is extensively employed in the healthcare industry due to its associated benefits such as improved patient safety, fewer medication errors, and reduced risk of prescription loss or misplacement.

Global E-Prescribing Market Trends: 

The global e-prescribing market is primarily driven by the increasing adoption of electronic health records (EHRs) in the healthcare industry due to rapid digitization. E-prescription aids in limiting fraudulent entries that are reported by hospitals and general practice settings, which cause medical and legal malpractice claims. This has necessitated strict checks on prescriptions, which is positively influencing the growth of the market. Furthermore, with the onset of coronavirus disease (COVID-19), governments of various countries are undertaking initiatives and incentive programs to promote telemedicine and telehealth consultations. It helps collect the medical history and background of the patients via digital or web-based solutions, which aids in maintaining social distancing measures.

Market Summary: 

  • Based on the component, the market has been bifurcated into solutions and services.
  • On the basis of the delivery mode, the market has been classified into web-based, cloud-based, and on-premises.
  • The market has been categorized based on the end user into hospitals, pharmacies, office-based physicians, and others.
  • On the basis of specialties, the market has been segmented into oncology, sports medicine, neurology, cardiology, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being Allscripts Healthcare Solutions Inc., Athenahealth Inc. (Veritas Capital and Evergreen Coast Capital), Cerner Corporation, Computer Programs and Systems Inc., Inc., Epic Systems Corporation, Henry Schein Inc., Medical Information Technology Inc., Nextgen Healthcare Inc. and Surescripts LLC.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Component, Delivery Mode, End User, Specialties, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Allscripts Healthcare Solutions Inc., Athenahealth Inc. (Veritas Capital and Evergreen Coast Capital), Cerner Corporation, Computer Programs and Systems Inc., Inc., Epic Systems Corporation, Henry Schein Inc., Medical Information Technology Inc., Nextgen Healthcare Inc. and Surescripts LLC
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global E-Prescribing Market to Grow at 21.05% During 2024-2032, Bolstered by Rapid Digitization in Healthcare Industry
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