E-Prescribing Market to Witness Huge Growth by 2018-2025: To grow at a CAGR of 21.1% | Key Players: Cerner, Athenahealth, Emdeon, Surescripts, HealthFusion

December 27 08:46 2018

Global E-Prescribing Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025
A new research study from HTF MI with title Global E-Prescribing Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 provides an in-depth assessment of the E-Prescribing including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies.

The research study provides forecasts for E-Prescribing investments till 2025. The article cited HTF’s “Global E-Prescribing Market Study” explored substantial growth in North America and CAGR of 21.1%.

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Scope of the Study

E-prescribing also known as electronic prescribing is a technology framework that permits medical physicians and practitioners to transfer or send prescriptions to a participating pharmacy electronically instead of using handwritten or faxed notes or calling in prescriptions. The E-Prescribing system is used in various applications including patient historical data, data security checks, preparation of complete medication list, and complete information of formulary. The global E-prescribing market is expected to witness considerable growth owing to growing government programs to implement E-prescribing system to improve the quality of healthcare and reduce medication errors.. The market study is being classified by Type (Stand-Alone Systems and Integrated Systems), by Application (Hospital and Office-based physician) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .

Competitive Landscape

Cerner Corporation (U.S), Athenahealth, Inc. (U.S), Allscripts (U.S), eClinicalWorks (U.S), DrFirst (U.S), Practice Fusion, Inc. (U.S), Emdeon (U.S), Surescripts (U.S), Henry Schein, Inc. (U.S) and HealthFusion, Inc. (U.S) are some of the key players profiled in the study.

On July 26, 2018, the Connecticut State Medical Society (CSMS), representing more than 6,000 physicians in Connecticut, has selected DrFirst, a leading provider of e-prescribing and patient medication management solutions, as the vendor of choice for its robust e-prescribing tool, iPrescribe, for its members.

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Market Drivers

  • Government Initiatives and Incentive Programs have led to the demand of E-prescribing system
  • More focus on minimizing the medication errors
  • Advanced features of E-prescribing system drive the market growth

Market Trend

  • E-Prescribing is gaining importance in medical record systems
  • Rising demand for cloud-based solutions

Restraints

  • Lack of patient privacy and security in E-prescribing system hamper the market growth
  • High cost of E-prescribing system

Opportunities

  • Emerging economies in Asia Pacific region such as India, China and Japan

On March 31, 2010, DEA’s Interim Final Rule with Request for Comment titled “Electronic Prescriptions for Controlled Substances” was published in the Federal Register. The rule became effective June 1, 2010. and The rule revises DEA regulations to provide practitioners with the option of writing prescriptions for controlled substances electronically. The regulations also permit pharmacies to receive, dispense, and archive these electronic prescriptions. These regulations are an addition to, not a replacement o

Key Target Audience

  • Providers of e-prescribing systems and solutions
  • E-prescribing services providers
  • Hospitals & clinics
  • Healthcare insurance providers
  • Pharmaceuticals
  • E-prescribing vendors

Data Triangulation

The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.

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Table of Contents

1 Market Overview

    1.1 E-Prescribing Introduction

    1.2 Market Analysis by Type

    1.3 Market Analysis by Applications

    1.4 Market Analysis by Regions

        1.4.1 North America (United States, Canada and Mexico)

            1.4.1.1 United States Market States and Outlook (2013-2023)

            1.4.1.2 Canada Market States and Outlook (2013-2023)

            1.4.1.3 Mexico Market States and Outlook (2013-2023)

        1.4.2 Europe (Germany, France, UK, Russia and Italy)

            1.4.2.1 Germany Market States and Outlook (2013-2023)

            1.4.2.2 France Market States and Outlook (2013-2023)

            1.4.2.3 UK Market States and Outlook (2013-2023)

            1.4.2.4 Russia Market States and Outlook (2013-2023)

            1.4.2.5 Italy Market States and Outlook (2013-2023)

        1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

            1.4.3.1 China Market States and Outlook (2013-2023)

            1.4.3.2 Japan Market States and Outlook (2013-2023)

            1.4.3.3 Korea Market States and Outlook (2013-2023)

            1.4.3.4 India Market States and Outlook (2013-2023)

            1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)

        1.4.4 South America, Middle East and Africa

            1.4.4.1 Brazil Market States and Outlook (2013-2023)

            1.4.4.2 Egypt Market States and Outlook (2013-2023)

            1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)

            1.4.4.4 South Africa Market States and Outlook (2013-2023)

            1.4.4.5 Nigeria Market States and Outlook (2013-2023)

    1.5 Market Dynamics

        1.5.1 Market Opportunities

        1.5.2 Market Risk

        1.5.3 Market Driving Force

2 Manufacturers Profiles

        2.1.1 Business Overview

        2.1.2 E-Prescribing Type and Applications

        2.1.3 E-Prescribing Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

3 Global E-Prescribing Market Competition, by Manufacturer

    3.1 Global E-Prescribing Sales and Market Share by Manufacturer (2016-2017)

    3.2 Global E-Prescribing Revenue and Market Share by Manufacturer (2016-2017)

    3.3 Global E-Prescribing Price by Manufacturer (2016-2017)

    3.4 Market Concentration Rate

        3.4.1 Top 3 E-Prescribing Manufacturer Market Share in 2017

        3.4.2 Top 5 E-Prescribing Manufacturer Market Share in 2017

    3.5 Market Competition Trend

…………. Continued

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