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The E-prescribing market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 24%, as per The Business Research Company’s market report!

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The E-Prescribing Market Size In 2022 And Forecast
The global E-prescribing market is expected to grow from $1.34 billion in 2021 to $1.66 billion in 2022 at a compound annual growth rate (CAGR) of 23.4%. The global e-prescribing market size is expected to grow to $3.83 billion in 2026 at a CAGR of 23.9%.

The e-prescribing market consists of sale of e-prescribing services by entities (organizations, sole traders, and partnerships) that are used to improve prescription accuracy, increase patient safety, reduce costs, and will enable secure, real-time, bi-directional, electronic connectivity between clinicians and pharmacies.

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Rise In Focus On Reducing Medical Errors Is Driving The Growth Of The E-Prescribing Market
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.

Competitive Landscape And The Regional Analysis Of The E-Prescribing Market
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.

Additionally, as per TBRC’s research – North America was the largest region in the E-prescribing market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The E-Prescribing Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the E-prescribing market.

Technological Transformation In Healthcare – A Key Trend In The E-Prescribing Market
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.

E-Prescribing Market Segmentation By The Business Research Company

1) By Component: Solutions, Services

2) By Deployment: Web and Cloud Based, On-Premise

3) By End-User: Hospitals, Office-Based Physicians, Pharmaceuticals

Here Are Some Reports Related To The E-Prescribing Market –

EClinical Solutions Global Market Report 2022

Healthcare Interoperability Solutions Global Market Report 2022

Healthcare Software As A Service Global Market Report 2022

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