E-Prescribing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

E-Prescribing is known as a process of electronically producing and sending prescription orders. This helps the physicians and other medical practitioners to send an electronic prescription directly to a pharmacy store. This technology improves accuracy and enhances patient safety and quality of care. In addition, since the prescription is electronically generated, the chances of confusion due to handwriting can be reduced and easily interpreted by the pharmacist.

MARKET SCOPE

The "Global E-Prescribing Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the E-prescribing market with detailed market segmentation by delivery model, component, end user, and geography. The report provides key statistics on the market status of the leading E-prescribing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on component, the market is bifurcated into services, and software and system.
  
•   Based on delivery model, the global e-prescribing market is segmented into web based, cloud based, and on premise.
  
•   Based on end user, the global e-prescribing market is segmented into hospitals, pharmacies and office based physicians.
  

MARKET DYNAMICS

Drivers

•   Advancements in the healthcare industry coupled with the need for electronic healthcare records
  
•   Growing demand to reduce the healthcare expenses along with the focus towards reducing the errors associated in the medication
  
•   Growing support from government to increase the use of IOT in healthcare
  

Restraints

•   High cost of deployment is expected to hinder the growth of market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The E-prescribing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the E-prescribing market in these regions.

IMPACT OF COVID-19 ON E-PRESCRIBING MARKET

The outbreak of COVID-19 has served as vital growth opportunities for the growth of the e-prescribing market. During the pandemic, various healthcare services were restricted, and outpatient services were limited. Therefore, there has been an increase in the adoption of telemedicine that has enhanced the growth of e-prescribing. In addition, the pandemic has also offered opportunities for the online distribution of medicines which has enabled the growth of e-prescribing.

MARKET PLAYERS

The report covers key developments in the E-prescribing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from E-prescribing market are anticipated to lucrative growth opportunities in the future with the rising demand for E-prescribing market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the E-prescribing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Allscripts
  
•   GENERAL ELECTRIC COMPANY
  
•   athenahealth, Inc
  
•   Daw Systems, Inc
  
•   NewCrop, LLC
  
•   eClinicalWorks
  
•   Change Healthcare.
  
•   Practice Fusion, Inc
  
•   Henry Schein
  
•   Surescripts
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

E-Prescribing Report Scope