Globe wide E-Prescribing Marketplace is Anticipated to Attain USD 15.90 Billion in 2019: Transparency Market Analysis

According to a new market place report published by Transparency Market Research “Worldwide E-Prescribing Market- International Business Evaluation, Size, Share, Growth, Trends and Forecast 2013 – 2019”, the marketplace 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 adequate energy infrastructure and escalating demand for reputable electricity delivery are the key driving forces of this industry.

Browse the full E-Prescribing Marketplace Report at : http://www.transparencymarketresearch.com/e-prescribing-market place.html

The international E-Prescribing market place is witnessing a significant growth led by a variety of government applications to implement E-Prescribing systems in order to increase good quality of healthcare and minimize medication errors. The E-Prescribing method is utilised in various applications including preparation of comprehensive medication list, data security checks, comprehensive details of formulary and patient historical information.

These advanced attributes of E-Prescribing are some of the key driving factors for the E-Prescribing market place. Furthermore, improved healthcare infrastructure has enhanced the demand for E-Prescribing program. Furthermore, implementation of electronic healthcare records with E-Prescribing method holds immense possible for the development of E-Prescribing market place. E-Prescribing marketplace 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 safety impede the development of E-Prescribing market. Moreover, lack of high-speed broadband facilities and IT professionals in rural areas are also some of the important restraints for the E-Prescribing industry.

Europe is the biggest marketplace for E-Prescribing program. A lot of eHealth projects in Europe are playing a important part in the adoption of E-Prescribing method such as European Patient Intelligent Open Solutions (epSOS) and Schleswig-Holstein Overall health Initiative.

However, North America is the quickest increasing area in the E-Prescribing marketplace. Enhanced adoption of E-Prescribing system and enhanced healthcare infrastructure are main drivers for E-Prescribing marketplace in North America. In addition, numerous government initiatives are also promoting the usage of E-Prescribing program such as Overall health Details Technology for Economic and Clinical Wellness (HITECH) Act and National Council for Prescription Drugs Program.

In Asia, usage of E-Prescribing method is increasing due to medical infrastructure development and government initiative applications. Growing medical infrastructure has led to improvement in principal healthcare solutions, village clinics and urban healthcare centers via the adoption of healthcare IT technologies.

Henry Schein, Inc. and Cerner Corporation are the major player in the global E-Prescribing industry. Other main players of E-Prescribing market include athenahealth, Inc., DrFirst, eClinicalWorks, HealthFusion, Inc., and Practice Fusion, Inc.

The international market of E-Prescribing is segmented as follows:

E-Prescribing Industry, By Solution Type

Integrated program
Stand-alone program

E-Prescribing Market, By Component

Application
Hardware
Services

E-Prescribing Industry, By Delivery Mode

Net-primarily based
On-premise/licensed
Cloud-based

E-Prescribing Marketplace, By Usage Mode

Hand-held device
Computer-primarily based

E-Prescribing Market place, By Finish User

Hospital
Office-based physician

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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