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E-prescribing Market Analysis by Top Key Players Cerner, Surescripts, Epic Systems, Practice Fusion, DrFirst.com Inc, Henry Schein

12-07-2018 06:15 PM CET | IT, New Media & Software

Press release from: Big Market Research

E-prescribing

E-prescribing

The E-prescribing Market was worth USD 0.32 billion in 2014 and is expected to reach approximately USD 1.74 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 20.71% during the forecast period. E-Prescribing helps in enhancing the quality of care, accuracy and accentuation on the safety of patients. Medical mistakes including medication error have raised genuine concern about patient's security. These mistakes essentially happen because of hand-writing illegibility, incorrect dosage, hand-composing indecipherability, and others.

Government bodies of different nations are assisting the implementation of e-prescribing and electronic medicinal records and framing a national wellbeing data framework. E-prescribing has fundamentally diminished medicine and prescription blunders and has brought about less call-back to doctors from the drug specialists for elucidation. Additionally, electronic transfer of medicines from prescribers to drug specialists has to a great extent helped in streamlining the clinical work process.

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Market Segmentation
The E-prescribing Market is segmented on the basis of Product into Solutions and Services. By End User the market is segmented into Hospitals, Pharmaceuticals, Office-based Physicians and based on Delivery Mode the market is segmented into On-premise, Web and Cloud-based.

Drivers & Restrains Outlook
E-prescribing systems are broadly used for preparing complete lists of medications. Besides, they additionally help information security checks and extraction of complete data of patient history and model. The worldwide E-prescribing market is picking up footing because of expanding applications in medicinal services and considerable help from governments over the globe. Developing requirement for enhanced quality of healthcare and limited errors is another key driver anticipated that would fuel the market development amid the gauge time frame. A considerable number of medical and healthcare centers in developing economies are progressively implementing electronic health record systems (EHRs), which will additionally reinforce the interest for E-prescribing. Nonetheless, considerable adoption of E-prescribing systems is observing impediment because of higher initial expenses and dangers associated with security and protection of patients' information.

Competitive Insights
The leading players in the market are Cerner, Surescripts, Epic Systems, Practice Fusion, DrFirst.com Inc, Henry Schein and Quality Systems. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Regional Outlook and Trend Analysis
Europe holds the biggest share of the market, inferable from expanding eHealth extends over the district. Increasing rate of adoption of the European Patient Smart Open Services (epSOS) is foreseen to reinforce the market in Europe, combined with the Schleswig-Holstein Health Initiative. North America will is anticipated to account for the quickest developing regional market, credited to higher adoption of electronic prescribing systems to help the advanced healthcare infrastructure.

The E-prescribing Market is segmented based on regions as follows-

By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World

Some of the key questions answered by the report are:
• What was the market size in 2014 and forecast from 2015 to 2023?
• What will be the industry market growth from 2015 to 2023?
• What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
• What are the major segments leading the market growth and why?
• Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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Table of Content
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)

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