EPrescribing Market Poised to Experience a Significant Surge of USD 8.41 Billion by 2030

PRESS RELEASE
Published August 22, 2023

The EPrescribing Market report provides a comprehensive assessment of market growth prospects and limitations. This research report offers numerous advantages that extend across various facets of the healthcare industry. These valuable global industry insights within the EPrescribing Market research report can inform actionable strategies and enhance decision-making. Additionally, this report places particular emphasis on market share analysis and key trend evaluation, making it a pivotal resource. It simplifies the process of gathering industry intelligence.

Within this EPrescribing market research report, you will find identification, estimation, and analysis of emerging trends, as well as a thorough examination of major drivers, constraints, challenges, and opportunities within the market. The research and analysis presented in this report empower clients to anticipate investments in burgeoning markets, expand their market share, or ensure the success of new products through a global market research analysis. Calculations of Compound Annual Growth Rate (CAGR), market drivers, and market restraints assist businesses in formulating effective strategies. Leveraging proven tools such as SWOT analysis and Porter’s Five Forces analysis, this EPrescribing market research report stands as a top-tier resource in the field.

Data Bridge Market Research analyses that the ePrescribing market which was USD 1.77 billion in 2022, would rocket up to USD 8.41 billion by 2030, and is expected to undergo a CAGR of 21.5% during the forecast period 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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The EPrescribing market research report is meticulously crafted to comprehensively assess the EPrescribing market across a substantial timeframe. It provides valuable and dependable forecast estimates for key market factors, alongside a historical overview of the market’s state. Additionally, this EPrescribing report furnishes effective market strategies to capitalize on market development within the projected period. It presents a thorough and extensive examination of the immediate condition of the EPrescribing market. The report presents all significant information pertaining to industries, markets, capabilities, technology, and more. Sequential parameters such as application, development, product innovation, and diverse structures and processes are showcased within the report.

Key Growth Drivers:

  • Increased adoption of EHR solutions

The need for EHR solutions is primarily driven by the government’s expanding support for the adoption of EHR solutions. The implementation of electronic health records has simplified prescription filling in several ways. The integrating solutions offer a better availability of medical histories than a standalone e-prescribing system. The global COVID-19 outbreak has also resulted in an increase in the number of patients in hospitals, necessitating better patient data management. This is expected to boost demand for these solutions.

  • Increasing E-prescribing in hospitals

Doctors are finding themselves better equipped with technology replacing something as basic but crucial in medicine as prescribing becomes more tech-savvy. A computer created, communicates, and filed out medical prescriptions is known as a “eprescribing.” Its primary goal is to reduce the need of paper prescriptions and the danger of prescription error. These are the factors which propel the growth of the market.

The report outlines the involvement of key players, including:

  • Epic Systems Corporation (U.S.)
  • Cerner Corporation (U.S.)
  • Allscripts Healthcare, LLC. (U.S.)
  • NXGN Management, LLC. (U.S.)
  • athenahealth, Inc. (U.S.)
  • RelayHealth, LLC (U.S.)
  • Henry Schein, Inc. (U.S.)
  • General electric (U.S.)
  • CPSI (U.S.)
  • DrFirst (U.S.)
  • Medical Information Technology, Inc. (U.S.)
  • eClinicalWorks (U.S.)

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Key Market Segmentation

Product

  • Solutions
  • Services
  • Support
  • Implementation
  • Training
  • Network

Component

  • Hardware
  • Software
  • Services

Type of System

  • Stand-alone E-prescribing System
  • Integrated E-prescribing System

 Usage Mode

  • Handheld Device
  • Computer-Based Devices

Mode of Delivery

  • Web and Cloud-Based Solutions
  • On-Premise Solutions

Substances

  • Controlled Substances
  • Non-Controlled Substances

Specialties

  • Oncology
  • Sports Medicine
  • Neurology
  • Cardiology
  • Others

 End-User

  • Clinics
  • Physicians
  • Pharmacies
  • Hospitals

The EPrescribing market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

Incorporating these regions into market research is crucial as they serve as significant economic and industrial hubs with diverse consumer markets. By including these regions in their analyses, businesses gain valuable insights into global trends, enabling them to make informed decisions and develop effective strategies. Understanding the market dynamics in these regions helps companies cater to the distinct demands and preferences of various regional markets, whether they plan to expand their operations or simply stay updated with the ever-changing global landscape. This approach ensures that businesses can adapt and tailor their products or services to meet the specific needs of each region, ultimately leading to a more successful and sustainable global presence.

North America dominates the ePrescribing market owing to high number of government initiatives and incentives in the region.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 due to the rising health awareness among the people and growing demand of advanced medical technology.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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About Data Bridge Market Research, Private Ltd

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