According to a new market report published by
Transparency Market Research "E-Prescribing Market-Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the
global E-Prescribing market was valued at USD 250.2 million in 2013 and is
expected to grow at a CAGR of 23.5% from 2013 to 2019, to reach an estimated
value of USD 887.8 million in 2019.
Browse the
full E-Prescribing Market Report at
The global E-Prescribing market is witnessing a
significant growth led by various government programs to implement
E-Prescribing systems in order to improve quality of healthcare and reduce
medication errors. The E-Prescribing system is used in various applications including
preparation of complete medication list, data security checks, complete
information of formulary and patient historical data. These advanced features
of E-Prescribing are some of the key driving factors for the E-Prescribing
market. Additionally, improved healthcare infrastructure has increased the
demand for E-Prescribing system. Moreover, implementation of electronic
healthcare records with E-Prescribing system holds immense potential for the
growth of E-Prescribing market. E-Prescribing market is expected to grow a CAGR
of about 23.5% during 2013-2019.
On the other hand, high cost of E-Prescribing
system and lack of patient privacy and security impede the growth of
E-Prescribing market. Moreover, lack of high-speed broadband facilities and IT
professionals in rural areas are also some of the key restraints for the
E-Prescribing market.
Europe is the largest market for E-Prescribing
system. Many eHealth projects in Europe are playing a vital role in the
adoption of E-Prescribing system such as European Patient Smart Open Services
(epSOS) and Schleswig-Holstein Health Initiative.
However, North America is the fastest growing
region in the E-Prescribing market. Increased adoption of E-Prescribing system
and improved healthcare infrastructure are major drivers for E-Prescribing
market in North America. Moreover, several government initiatives are also
promoting the usage of E-Prescribing system such as Health Information
Technology for Economic and Clinical Health (HITECH) Act and National Council
for Prescription Drugs Program.
In Asia, usage of E-Prescribing system is
increasing due to medical infrastructure development and government initiative
programs. Growing medical infrastructure has led to improvement in primary
healthcare services, village clinics and urban healthcare centers through the
adoption of healthcare IT technologies.
Henry Schein, Inc. and Cerner Corporation are the
leading player in the global E-Prescribing market. Other major players of
E-Prescribing market include athenahealth, Inc., DrFirst, eClinicalWorks,
HealthFusion, Inc., and Practice Fusion, Inc.
The global market of E-Prescribing is segmented as
follows:
E-Prescribing
Market, By Product Type
·
Integrated
system
·
Stand-alone
system
E-Prescribing
Market, By Component
·
Software
·
Hardware
·
Services
E-Prescribing
Market, By Delivery Mode
·
Web-based
·
On-premise/licensed
·
Cloud-based
E-Prescribing
Market, By Usage Mode
·
Hand-held device
·
PC-based
E-Prescribing
Market, By End User
·
Hospital
·
Office-based
physician
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E-Prescribing
Market, by Geography
·
Europe
·
Germany
·
The U.K.
·
France
·
The Netherlands
·
North America
·
The U.S.
·
Canada
·
Asia
·
Japan
·
China
·
Rest of the
World (RoW)
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Healthcare IT Market Research Reports @ http://www.transparencymarketresearch.com/healthcareit-market-reports-19.html
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