The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s E-prescribing market report forecasts the E-prescribing market size to grow to $4.92 Billion by 2027, with a CAGR (compound annual growth rate) of more than 24%.

Learn More On The E-Prescribing Market Report 2023 – https://www.thebusinessresearchcompany.com/report/E-prescribing-global-market-report

E-Prescribing Market Size Forecast
The global E-prescribing market is expected to grow from $1.67 billion in 2022 to $2.07 billion in 2023 at a compound annual growth rate (CAGR) of 24.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The E-prescribing market size is expected to grow to $4.92 billion in 2027 at a CAGR of 24.1%.

North America held the largest E-prescribing market share, and Asia-Pacific was the fastest-growing region in 2022.

Key E-Prescribing Market Driver ­– Rise In Focus On Reducing Medical Errors
For instance, in 2020, according to a Harvard study and a US-based educational research institute, 5.2 million medical errors occur in India annually. Furthermore, in 2020, according to a John Hopkins study, a US-based educational research institute, more than 250,000 people die in the US every year from medical errors, and it has been the third major cause of death after heart disease and cancer. Therefore, the rising focus on reducing medical errors is driving the growth of the E-prescribing market.

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Key E-Prescribing Market Trend – Developing New Technological Solutions
The advent of technological transformation in healthcare is a key trend gaining popularity in the E-prescribing market. Major companies operating in the E-prescribing market are focused on developing new technological solutions to strengthen their position. For instance, in April 2022, Change Healthcare, a US-based healthcare technology company that includes E-prescribing, launched InterQual® 2022, the latest edition of the company’s flagship clinical decision support solution for the delivery of the latest and evidence-based appropriate care. This includes new criteria for emergent trends, restructured and interactive criteria to streamline workflows, and artificial intelligence (AI) to drive proactive insights and efficiency. All updates have been researched and independently peer-reviewed, so users will feel confident that the criteria are free of bias.

E-Prescribing Market Segment
1) By Component: Solutions, Services
2) By Deployment: Web And Cloud Based, On-Premise
3) By End-User: Hospitals, Office-Based Physicians, Pharmaceuticals

E-Prescribing Market Major Players and Strategies
Major players in the E-prescribing market are Epic Systems Corporation, Allscripts Healthcare Solutions Inc., NextGen Healthcare Inc., Athenahealth, Relay Health, Henry Schein Inc., GE Healthcare, Computer Programs and Systems Inc., DrFirst.com Inc., Surescripts-RxHub, Medical Information Technology, Change Healthcare, Health Fusion Inc., eMDs Inc., and iMedX Inc.

In December 2021, Oracle, a US-based computer technology corporation, acquired Cerner for $28.3 billion. With this acquisition, Oracle plans to expand the company’s global footprint as it invests heavily in healthcare. Cerner is a US-based health information technology company that includes E-prescribing.

The E-Prescribing Global Market Report 2023 covers regional data on E-prescribing market size, E-prescribing market trends and drivers, opportunities, strategies, and E-prescribing market competitor analysis. The countries covered in the E-prescribing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

E-prescribing refers to a technological framework that allows physicians and other medical practitioners to write and send prescriptions to a participating pharmacy electronically instead of using handwritten or faxed notes or calling in prescriptions.

View More Reports Related To The E-Prescribing Market –
Defibrillator Devices And Equipment Global Market Report 2023
Point-Of-Care Diagnostics Devices And Equipment Global Market Report 2023
Ambulatory Electronic Medical Records Global Market Report 2023

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