e-Prescribing Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

e-Prescribing Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

e-Prescribing or electronic prescribing is the process of electronically generating and sending a prescription order to a pharmacy directly from the point of care. e-Prescribing improves accuracy, enhances patient safety and quality of care as there are no chances of false interpretation by pharmacist in prescriptions. With the help of e-prescribing tools healthcare providers can enter prescription information into a computer device such as a laptop, tablet, or desktop computer and securely transmit the prescription to pharmacies using a special software program and connectivity to a transmission network.
Market Dynamics
Significant increase in the number of e-prescriptions in developed economies is attributed to technological developments in healthcare IT and rise in demand of e-prescriptions to reduce the drug abuse. According to Surescripts, e-prescriptions for controlled substances in 2021 accounted for 77.33 million, which increased from 12.8 million in 2015, with a 504% increase in the U.S.
Furthermore, there is an immense need to reduce medication errors caused due to wrong interpretation and pronunciation of drugs by pharmacist. According to the FDA, medication errors harm 1.3 million individuals each year and kill at least one person a day. Major factors responsible for these errors include similar pronunciation of drugs. For instance, Valtrex and Valcyte are both used for Cytomegalovirus (CMV), but for different reasons and a heart transplant patient receiving Valtrex instead of Valcyte can undergo serious. Therefore, e-prescription plays a crucial role in avoiding such errors and reduces chances of resulting complications.
Though e-prescribing offers several benefits over paper-based prescriptions, several healthcare providers and pharmacists have remained doubtful about adopting the system due to high cost of deployment and security and workflow issues. These factors can negatively impact the e-prescribing market growth during the forecast period.
Key features of the study:
This report provides in-depth analysis of the e-prescribing market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global e-prescribing market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include, Allscripts Healthcare Solutions, Inc., Athenahealth, Inc., Change Healthcare Holdings, Inc., Cerner Corporation, Computer Programs and Systems Inc., DrFirst, Inc., eClinicalworks, Epic Systems Corporation, GE Healthcare, Henry Schein, Inc., Medical Information Technology, Inc., Practice Fusion, Inc., Quality Systems, Inc., RelayHealth Corporation, and Surescripts-RxHub, LLC.
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
The global e-prescribing market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for e-prescribing market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:
Global e-Prescribing Market, By Product:
Software
Services
Global e-Prescribing Market, By Deployment:
Web & Cloud-based
On-premise
Global e-Prescribing Market, By End Use:
Hospital
Clinics
Pharmacies
Global e-Prescribing Market, By Region:
North America
By Country:
U.S.
Canada
By Product:
Software
Services
By Deployment:
Web & Cloud-based
On-premise
By End Use:
Hospital
Clinics
Pharmacies
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Product:
Software
Services
By Deployment:
Web & Cloud-based
On-premise
By End Use:
Hospital
Clinics
Pharmacies
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Product:
Software
Services
By Deployment:
Web & Cloud-based
On-premise
By End Use:
Hospital
Clinics
Pharmacies
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Product:
Software
Services
By Deployment:
Web & Cloud-based
On-premise
By End Use:
Hospital
Clinics
Pharmacies
Middle East
By Country:
GCC
Israel
Rest of Middle East
By Product:
Software
Services
By Deployment:
Web & Cloud-based
On-premise
By End Use:
Hospital
Clinics
Pharmacies
Africa
By Country:
South Africa
Central Africa
North Africa
By Product:
Software
Services
By Deployment:
Web & Cloud-based
On-premise
By End Use:
Hospital
Clinics
Pharmacies
Company Profiles
Allscripts Healthcare Solutions, Inc.*
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
Athenahealth, Inc.
Change Healthcare Holdings, Inc.
Cerner Corporation
Computer Programs and Systems Inc.
DrFirst, Inc.
eClinicalWorks
Epic Systems Corporation
GE Healthcare
Henry Schein, Inc.
Medical Information Technology, Inc.
Practice Fusion, Inc.
Quality Systems, Inc.
RelayHealth Corporation
Surescripts-RxHub, LLC
“*” marked represents similar segmentation in other categories in the respective section.