E-Prescribing Market 2020 | Size, Status, COVID19 Impact and Global Outlook- Allscripts Healthcare Solutions Inc., Aprima Medical Software

E-Prescribing Market Precise Outlook 2020-2024 is complete guide for the new entrants in the industry; the report provides the market history of every product ever retailed by the company. It also provides history of the product types, sales, volume, technology, during the forecast period. The growth rate challenges and barriers are also explained in the E-Prescribing Market research report. The report shades light on the development rate of the strategies. Products and technologies used in the production, manufacturing and marketing of the report.

E-prescribing or electronic prescribing is a technology framework that allows physicians and other medical practitioners to write and send prescriptions to a participating pharmacy in an electronic format instead of using written prescriptions.

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The E-prescribing Market is estimated to register a CAGR of about 18.3% over the forecast period, 2019-2024.

The prominent players in the global E-Prescribing market are:

Allscripts Healthcare Solutions Inc., Aprima Medical Software, Athenahealth Inc., Cerner Corporation, DrFirst, eClinicalWorks, HealthFusion, Inc., Relayhealth Corporation, Surescripts

Medical prescriptions are the written instructions by which physicians recommend and authorize the patients for purchasing and using prescription medicines and treatments. Errors in prescription can creep in due to a variety of reasons like pharmacists lack of knowledge and skill, miscommunication between nurses and doctors, etc. Among medication errors, prescription errors are one of the major causes of concern for healthcare professionals globally as it accounts for 70% of the total medication errors and is reported from both general practice and hospitals. Although they are rarely fatal, they can have adverse effects on the patients health and disease management. In addition to being a threat to the patients well being, prescription errors are the common cause of legal and medical malpractice claims against the doctors and healthcare professionals. In recent studies, including the General Medical Council (GMC) commissioned report, in the UK, prescribing errors have been found to affect approximately 9-15% of medication orders for hospital inpatients. By employing e-prescribing systems, prescription errors and faults can be prevented in most of the cases by 85% approximately. At the time of prescribing, the e-prescribing systems can further decrease the errors by implementing alert and warning systems in addition to providing the patients with a complete background medical history.

Market Segmentation by Region:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America
Global E-Prescribing Market Overview:

Stand-alone E-prescribing System Segment is expected to have steady growth in the Forecasted Period

The stand-alone e-prescribing system is an independent single entity system used for e-prescribing drugs to patients. This system runs on software that acts a single mode, through which doctors or physician prescribe drugs to patients on an electronic platform. Stand-alone e-prescribing applications are cheaper and easier to install than integrated systems. However, stand-alone applications may not have all of the functionality you will find in an e-prescribing module that is linked to an EMR. Stand-alone applications may require the double entry of any clinical data. This requires additional work and risks of additional errors increases, thus slow down the entire process. Applications of the stand-alone system are slowly phasing out from the healthcare IT sector as they are being replaced by integrated ones, which are more efficient and effective. Another major reason for this trend shift from stand-alone to integrated systems is the appreciate prescription considering the historical data of a patient. The stand-alone system does not hold historical data of the patient and hence, sometimes follow up prescription may not be appropriate.

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Competitive Landscape

The E-prescribing Market is highly competitive and consists of a few major players. In terms of market share, very few of the major players currently dominate the market. With the rising patient awareness levels, and minimization of prescription errors, and better quality of health care and cost reduction, the companies are trying to innovate more products to sustain the competition. Some of the major players on the market are Cerner Corporation, HealthFusion, Inc., eClinicalWorks, Allscripts Healthcare Solutions Inc., and Aprima Medical Software are, among others.

Furthermore, Global E-Prescribing Market following points are involved along with a detailed study of each point: -

- Global E-Prescribing Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

- Global E-Prescribing Market competition by Manufacturers (2020-2024)

- Production and Consumption by Regions

- Complete profiling and analysis of Manufacturers (2020-2024)

- Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses

- Industrial Chain, Sourcing Strategy and Downstream Buyers

- Marketing Strategy Analysis, Distributors/Traders

- Global E-Prescribing Market Effect Factors Analysis (2020-2024)

- Global E-Prescribing Market Forecast (2020-2024)

- Global E-Prescribing Market Research Findings and Conclusion

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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