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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global E-Prescribing Market Outlook
The global e-prescribing market size was valued at USD 2.74 billion in 2023, driven by favourable government initiatives and incentive programs, increasing focus on reducing fraud and abuse of controlled substances, focusing on reducing medical errors, and the need to curb escalating healthcare costs. The market is estimated to grow at a CAGR of 24.4% during the forecast period 2024-2032 to attain a value of USD 19.53 billion by 2032.
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The e-prescribing market is driven by factors such as favourable government initiatives and incentive programs, increasing focus on reducing fraud and abuse of controlled substances, focusing on reducing medical errors, and the need to curb escalating healthcare costs.
Global E-Prescribing Market: Properties and Applications
Electronic prescription is a computer-based electronically generated and transmitted medical prescription. The e-prescribing market can be segmented into product, delivery mode, usability, and end-use.
The e-prescribing market can be divided based on its product as solutions, hardware, and services. The solution segment is further subdivided into integrated and standalone solutions. The services segment is also subdivided into support and maintenance services, implementation services, network services, and training and education services.
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The e-prescribing market can be divided based on its delivery mode as web based, cloud based, and on-premises/licensed based. Based on usability, the industry can be divided into handheld and computer-based device.
The e-prescribing market can be broadly categorised based on its end-use into:
- Hospitals
- Office-Based Physicians
- Pharmacies
The EMR report looks into the regional e-prescribing markets of like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Global E-Prescribing Market Analysis
It is expected that rapid growth across the Asia Pacific in developing countries will provide an opportunity for e-prescribing market revenue generation. Due to healthcare organizations in the Asia-Pacific region that are actively moving towards digitization with a focus on streamlining their entire workflow and ensuring patient safety, the Asia Pacific e-prescribing market is expected to record the highest growth during the forecast period.
The high cost of deployment, the reluctance to adopt new technologies, and issues of security and workflow are factors that might restrict the e-prescribing market growth in the forecast period.
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Global E-Prescribing Market: Competitive Landscape
The report presents a detailed analysis of the following key players in the global e-prescribing market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- General Electric Company (NYSE: GE)
- Epic Systems Corporation
- Cerner Corporation
- Allscripts Healthcare Solutions, Inc.
- NextGen Healthcare Inc.
- Athenahealth, Inc.
- Henry Schein, Inc.
- Drfirst, Inc.
- Surescripts
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Delivery Mode |
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| Breakup by Usability |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
E-Prescribing Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
It is estimated that the global market for E-prescribing reached a value of USD 2.74 billion in 2023.
The market is anticipated to grow at a CAGR of 24.4% during the forecast period of 2024-2032 to reach a value of USD 19.53 billion by 2032.
The major drivers of the industry, such as favourable government initiatives and incentive programmes, increasing focus on reducing fraud and abuse of controlled substances, rising focus on reducing medical errors, and the growing need to curb escalating healthcare costs, are expected to aid the market growth.
The key market trend guiding the industry growth includes the digitalisation of healthcare organisations.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading products of e-prescribing in the industry are solutions, hardware, and services.
The significant delivery modes of the product in the market are web based, cloud based, and on-premises/licensed based.
The major usability segments of the product in the industry are handheld and computer-based device.
The leading end use sectors of the product in the market are hospitals, office-based physicians, and pharmacies.
The major players in the industry are General Electric Company, Epic Systems Corporation, Cerner Corporation, Allscripts Healthcare Solutions, Inc., NextGen Healthcare Inc., Athenahealth, Inc., Henry Schein, Inc., Drfirst, Inc., and Surescripts, among others.
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