The E-Prescribing Global Market Report 2023 by The Business Research Company, provides e-prescribing market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s E-Prescribing Global Market Report 2023, the market size grew 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 market size of global e-prescribing is expected to grow to $4.92 billion in 2027 at a CAGR of 24.1%.
The rising focus on reducing medical errors is expected to propel the growth of the e-prescribing market going forward. Medical error refers to an avoidable adverse effect of medical care on a patient. E-prescribing has significantly reduced errors resulting from undecipherable physician handwriting.
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The e-prescribing market is segmented:
1) By Component: Solutions, Services
2) By Deployment: Web And Cloud Based, On-Premise
3) By End-User: Hospitals, Office-Based Physicians, Pharmaceuticals
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.
Top Major Players
Epic Systems Corporation,
Allscripts Healthcare Solutions Inc.,
NextGen Healthcare Inc.,
Relay Health,
Henry Schein Inc
The e-prescribing market report table of contents includes:
- Executive Summary
- E-Prescribing Market Characteristics
- E-Prescribing Market Trends And Strategies
- E-Prescribing Market – Macro Economic Scenario
- E-Prescribing Market Size And Growth
- E-Prescribing Market Segmentation
- E-Prescribing Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The E-Prescribing Market
- E-Prescribing Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global E-Prescribing Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global E-Prescribing Market, Segmentation By Deployment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global E-Prescribing Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 46: Epic Systems Corporation Financial Performance
Table 47: Allscripts Healthcare Solutions Inc Financial Performance
Table 48: NextGen Healthcare Inc Financial Performance
Table 49: Athenahealth Financial Performance
Table 50: Relay Health Financial Performance
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