Global E-prescribing Market – Industry Analysis and Forecast

January 15, 2020

Global E-prescribing Market is expected to reach US$ 2532.34 Mn by 2026 from US$ XX Mn in 2018 at CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).

E-prescribing is an electronic method of prescription which enables physicians and other medical practitioners to write and send accurate, error-free prescriptions to a pharmacy. E-prescribing id useful in increasing the safety of patients and the quality of care, since there is no manual writing involved and neglect prescription errors.

Global E-prescribing Market is segmented by product, delivery mode, end user, and geography. Product segment is bifurcated as solution and services. Delivery mode segment is bifurcated as on-premises and web & cloud-based. Web & Cloud-Based delivery mode segment is expected to register the highest growth during the forecast period. Increase in demand for on-Demand services due to reduced operational cost & easy accessibility to data will fuel the Web & Cloud-Based delivery mode segment growth. End-user segment is divided into hospitals, office-based physicians, and pharmacies. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.

Increasing focus on the reduction of fraud and abuse of controlled substances and rising focus on reducing medical errors are trending the overall Global E-prescribing Market. However, a high cost of deployment will restrain the market growth. North America is going to dominate the E-prescribing Market in forecast period followed by Europe and APAC. Increasing adoption of e-prescribing systems and the advanced healthcare infrastructure and technological advancements in this region will fuel the E-prescribing Market in the North America region.

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