e-prescribing global market report 2024
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What is the Expected Growth Rate of the E-Prescribing Global Market Report 2024 Market from 2024 to 2033?
The e-prescribing market has experienced rapid growth in recent years. It will rise from $2.12 billion in 2023 to $2.65 billion in 2024, with a CAGR of 25.0%. This is driven by regulatory mandates, the need to reduce medication errors, improved patient safety, more efficient prescription workflows, and better prescriber efficiency.
The e-prescribing market is expected to experience rapid growth, reaching $6.47 billion by 2028 at a CAGR of 25.0%, driven by the growth in telemedicine, personalized medicine, prescription drug monitoring, and global e-prescribing initiatives. Trends include health information exchange, medication reconciliation, electronic prior authorization, and AI-driven alerts.
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What Key Factors Are Fueling the Growth of the E-Prescribing Global Market Report 2024 Market?
The e-prescribing market is projected to grow as a result of the rising focus on reducing medical errors, with approximately 100,000 deaths each year attributed to medical errors, as per the National Library of Medicine. E-prescribing helps mitigate errors associated with illegible handwriting by healthcare professionals. The growing emphasis on patient safety is expected to drive the e-prescribing market in 2023, 2024, and beyond.
What Are the Major Segments of the E-Prescribing Global Market Report 2024 Market?
1) By Component: Solutions, Services
2) By Deployment: Web And Cloud Based, On-Premise
3) By End-User: Hospitals, Office-Based Physicians, Pharmaceuticals
What New Trends Are Transforming the E-Prescribing Global Market Report 2024 Market?
The rise of technological transformation in healthcare emerges as a significant trend gaining momentum in the e-prescribing market. Major companies operating in this sector are dedicated to developing new technological solutions to reinforce their positions. For example, in April 2022, Change Healthcare, a US-based healthcare technology company specializing in e-prescribing, introduced InterQual 2022, the latest edition of its flagship clinical decision support solution. This edition incorporates new criteria to address emergent trends, restructuring and interactive criteria to streamline workflows, and artificial intelligence (AI) to drive proactive insights and efficiency gains. All updates undergo rigorous research and independent peer review, ensuring users’ confidence in the criteria’s impartiality.
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Which Regions Are Driving Growth in the E-Prescribing Global Market Report 2024 Market?
North America was the largest region in the e-prescribing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the e-prescribing market during the forecast period. The regions covered in the e-prescribing market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The E-Prescribing Global Market Report 2024 Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the e-prescribing global market report 2024 market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The E-Prescribing Global Market Report 2024 Market Include
1. E-Prescribing Global Market Report 2024 Market Executive Summary
2. E-Prescribing Global Market Report 2024 Market Segments
3. E-Prescribing Global Market Report 2024 Market Size And Template Market Growth Rate
4. Key E-Prescribing Global Market Report 2024 Market Trends
5. Major E-Prescribing Global Market Report 2024 Market Drivers
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25. Key Mergers And Acquisitions In The E-Prescribing Global Market Report 2024 Market
26. Top E-Prescribing Global Market Report 2024 Companies
27. E-Prescribing Global Market Report 2024 Market Opportunities And Strategies
28. E-Prescribing Global Market Report 2024 Market, Conclusions And Recommendations
29. Appendix
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The Business Research Company offers the e-prescribing global market report 2024 market research report 2024 with industry size, share, segments and market growth
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