According to a new industry report published by Transparency Market place Study “Global E-Prescribing Market place- Worldwide Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019”, the industry was valued at USD 11.16 billion in 2012, and is anticipated to attain USD 15.90 billion by 2019, increasing at a CAGR of five.two% from 2013 to 2019. Lack of adequate power infrastructure and increasing demand for dependable electrical energy delivery are the significant driving forces of this market place.
Browse the full E-Prescribing Industry Report at : http://www.transparencymarketresearch.com/e-prescribing-marketplace.html
The global E-Prescribing marketplace is witnessing a considerable development led by numerous government programs to implement E-Prescribing systems in order to increase quality of healthcare and lessen medication errors. The E-Prescribing system is utilized in a variety of applications which includes preparation of total medication list, data safety checks, comprehensive data of formulary and patient historical data. These advanced functions of E-Prescribing are some of the crucial driving factors for the E-Prescribing marketplace. Furthermore, improved healthcare infrastructure has elevated the demand for E-Prescribing program. Furthermore, implementation of electronic healthcare records with E-Prescribing system holds immense potential for the development of E-Prescribing industry. E-Prescribing marketplace is anticipated to grow a CAGR of about 23.five% in the course of 2013-2019.
On the other hand, high price of E-Prescribing method and lack of patient privacy and safety impede the development of E-Prescribing market. Additionally, lack of high-speed broadband facilities and IT specialists in rural regions are also some of the essential restraints for the E-Prescribing market.
Europe is the largest marketplace for E-Prescribing method. Numerous eHealth projects in Europe are playing a vital function in the adoption of E-Prescribing technique such as European Patient Intelligent Open Solutions (epSOS) and Schleswig-Holstein Well being Initiative.
Nevertheless, North America is the fastest developing area in the E-Prescribing market place. Enhanced adoption of E-Prescribing program and enhanced healthcare infrastructure are key drivers for E-Prescribing industry in North America. In addition, several government initiatives are also advertising the usage of E-Prescribing program such as Wellness Information Technologies for Economic and Clinical Health (HITECH) Act and National Council for Prescription Drugs Program.
In Asia, usage of E-Prescribing program is escalating due to medical infrastructure development and government initiative applications. Increasing healthcare infrastructure has led to improvement in primary healthcare services, village clinics and urban healthcare centers by means of the adoption of healthcare IT technologies.
Henry Schein, Inc. and Cerner Corporation are the top player in the international E-Prescribing market place. Other key players of E-Prescribing marketplace incorporate athenahealth, Inc., DrFirst, eClinicalWorks, HealthFusion, Inc., and Practice Fusion, Inc.
The worldwide market place of E-Prescribing is segmented as follows:
E-Prescribing Market place, By Product Type
E-Prescribing Industry, By Component
E-Prescribing Marketplace, By Delivery Mode
E-Prescribing Market, By Usage Mode
E-Prescribing Marketplace, By Finish User
E-Prescribing Industry, by Geography
Rest of the World (RoW)