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Government actions to encourage electronic prescribing affect the market for electronic prescription systems. Healthcare practitioners worldwide are under pressure from governments to switch from paper orders to digital tracking. This improves patient safety, reduces medication mistakes, and streamlines healthcare.
Electronic prescription systems decrease medication mistakes and side effects, making them crucial to market shaping. Electronic ordering eliminates misunderstandings and improves prescription accuracy, improving patient safety and results.
Electronic prescription tools compatible with EHRs help the industry grow. Integration helps doctors choose prescriptions by giving them access to a lot of patient data, such as drug history and allergies.
Prescription software is improving, making electronic prescribing systems more useful. New technologies including decision support tools, real-time menu inspections, and computerized prior approval boost industry growth. These technologies boost electronic prescription market development by improving efficiency and effectiveness.
Healthcare integration is attracting commercial interest. Electronic prescription systems that ease communication between doctors, pharmacists, and others are becoming more common. This improves healthcare integration.
E-Prescribing Systems are in demand because to the rise in telehealth and remote consultations. Electronic prescribing makes virtual care prescriptions easier for doctors. Patients may acquire their drugs quickly without visiting the pharmacy.
Electronic prescription solutions that stress patient engagement and simplicity of use grow the market. Electronic prescription refills, patient access to prescription information, and medication adherence comments enhance patient experience and encourage doctors to use electronic prescribing. Medication adherence tracking is another benefit.
Electronic prescribing systems are affected by strict prescription-filling rules. Electronic ordering alternatives must comply with US rules such the Electronic ordering of Controlled Substances (EPCS) law.
The sector is facing growing patient privacy and data security issues. Encryption and secure data transfer in electronic prescription systems build trust among healthcare professionals and patients, which boosts business growth.
Healthcare organisations are increasingly seeking electronic prescription tools to save money and boost productivity. Electronic ordering simplifies pharmaceutical management, lowers mistakes, and simplifies paper prescription paperwork. All of these elements make healthcare more efficient and cost-effective.
To maximize market outcomes, collaborate and integrate with pharmacists. Electronic prescribing solutions simplify physician-pharmacist communication, making prescription fulfillment faster. This reduces delays and improves drug control.
E-Prescribing Systems Market Highlights:
E-Prescribing Systems Market Scenario:
The e-prescribing systems market is expected to reach USD 1.76 Billion by 2030 at 23.4% CAGR during the forecast period 2022-2030. E-prescribing or electronic prescribing is a technology that helps in the generation and electronic transmission of prescriptions from a physician to pharmacists. E-prescribing helps in improving the safety and quality of patient care and enable access to patient history to ensure better care.
The E-Prescribing systems market is estimated to register a healthy growth. The market is majorly driven by the increasing government initiatives and incentive programs to improve quality of healthcare, to cut healthcare cost, and reduce prescription errors. Additionally mandate healthcare programs and projects in the developed countries are propelling the growth of the market.
Segments Â
The E-Prescribing systems market is segmented on the basis of system type, mode of delivery, component, and end users.
On the basis of the system type, the market is segmented as Stand-alone system, and Integrated system.
On the basis of mode of delivery, the market is segmented into Cloud-based, Web-based, and on-premise.
On the basis of by component, the market is segmented into Software, Hardware, and Services.
On the basis of end user, the market is segmented into Hospitals, Clinics and Pharmacy.
Figure: Global E-prescribing systems market, by region, 2017 (%)
 
Source: World Health Organization, Centers for Disease Control and Prevention, expert interview, market research future analysis, annual report, white paper, company presentation
Regional Analysis
North America holds the maximum share of e-prescribing systems market in the Americas region. On a regional basis, the Americas is segmented into North America and South America. North America is segmented into the U.S. and Canada. Rising government initiatives and funding has increased the scope of the market in North America.
Europe accounts for a healthy market share due to factors such as rising healthcare networks and healthcare related projects. Growing healthcare expenditure and infrastructure is driving the e-prescribing systems market in Europe. For instance, adoption of the European Patient Smart Open Services in 2013, has led to the electronic submission of patient summaries and prescription.
Asia Pacific is the expected to register the fastest growth rate for the market. The high growth rate is attributed to rising healthcare organizations, growing healthcare programmes, and projects to enhance patient care and safety. Additionally, active inclination towards digitization to reduce human errors and frauds, increasing healthcare expenditure, and demand for new technology is fuelling the market growth.
The Middle East & Africa is expected to show slow growth in the market . Major factors that are likely to hamper the growth are lack of awareness regarding patient management software, and  limited access and availability of treatment facilities. In the Middle East, United Arab Emirates  has garnered the largest market share owing to the development of healthcare infrastruture and rising number of specialty care centers.
Key Players   Â
Some of the key players in the e-prescribing systems market are Aprima, Cerner Corporation, eClinicalWorks, Practice Fusion, Inc., eMDs, Inc., Surescripts , Allscripts, iMedX Inc., Athena health Inc., and Henry Schein e-prescribe.
Intended Audience
- Pharmaceutical Manufacturers and Suppliers
- Medical Research Laboratories
- Research and Development (R&D) Companies
- Market Research and Consulting Service Providers
- Potential Investors
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