Global E-Prescribing Market place

According to a new market place report published by Transparency Market place Research “Global E-Prescribing Industry- Worldwide Sector Evaluation, Size, Share, Development, Trends and Forecast 2013 – 2019”, the market place was valued at USD 11.16 billion in 2012, and is anticipated to reach USD 15.90 billion by 2019, growing at a CAGR of 5.2% from 2013 to 2019. Lack of sufficient power infrastructure and increasing demand for reputable electricity delivery are the main driving forces of this marketplace.
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The global E-Prescribing industry is witnessing a important growth led by a variety of government programs to implement E-Prescribing systems in order to boost good quality of healthcare and decrease medication errors. The E-Prescribing program is employed in different applications including preparation of comprehensive medication list, data security checks, full data of formulary and patient historical data. These sophisticated attributes of E-Prescribing are some of the key driving elements for the E-Prescribing market. In addition, improved healthcare infrastructure has improved the demand for E-Prescribing system. Furthermore, implementation of electronic healthcare records with E-Prescribing technique holds immense prospective for the growth of E-Prescribing industry. E-Prescribing industry is expected to develop a CAGR of about 23.5% in the course of 2013-2019.

On the other hand, high price of E-Prescribing system and lack of patient privacy and security impede the development of E-Prescribing marketplace. In addition, lack of high-speed broadband facilities and IT pros in rural areas are also some of the important restraints for the E-Prescribing marketplace.

Europe is the biggest industry for E-Prescribing method. Several eHealth projects in Europe are playing a vital role in the adoption of E-Prescribing technique such as European Patient Sensible Open Services (epSOS) and Schleswig-Holstein Overall health Initiative.

Nonetheless, North America is the quickest increasing region in the E-Prescribing industry. Improved adoption of E-Prescribing method and improved healthcare infrastructure are main drivers for E-Prescribing market place in North America. Moreover, numerous government initiatives are also advertising the usage of E-Prescribing technique such as Health Data Technology for Financial and Clinical Overall health (HITECH) Act and National Council for Prescription Drugs Program.

In Asia, usage of E-Prescribing system is increasing due to health-related infrastructure development and government initiative programs. Increasing medical infrastructure has led to improvement in primary healthcare solutions, village clinics and urban healthcare centers via the adoption of healthcare IT technologies.

Henry Schein, Inc. and Cerner Corporation are the leading player in the worldwide E-Prescribing market place. Other significant players of E-Prescribing marketplace consist of athenahealth, Inc., DrFirst, eClinicalWorks, HealthFusion, Inc., and Practice Fusion, Inc.

The worldwide marketplace of E-Prescribing is segmented as follows:

E-Prescribing Market, By Solution Variety

Integrated method
Stand-alone technique

E-Prescribing Industry, By Element

Computer software

E-Prescribing Market place, By Delivery Mode

Net-primarily based

E-Prescribing Market, By Usage Mode

Hand-held device
Pc-primarily based

E-Prescribing Market place, By End User

Office-primarily based doctor

E-Prescribing Market place, by Geography

The U.K.
The Netherlands
North America
The U.S.
Rest of the World (RoW)

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