E-Prescribing Market Overview, Covid-19 Impact and Growth Factor |CAGR 21.5% over the forecast period 2019-2026

Global E-Prescribing Market is valued approximately USD 782.33 million in 2018 and is anticipated to grow with a healthy growth rate of more than 21.5% over the forecast period 2019-2026.

The recent report of the e-prescribing market gives a brief assessment of the business vertical in question, along with an overview of the division of the industry. An estimation of current industry scenario has been presented in the study, and the e-prescribing market size with respect to volume and revenue has been stated in the report. Basically, the report is a collection of data regarding the competitive landscape of this vertical and the multiple regions where the business has effectively formed its stance.

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Market Overview
E-Prescribing is a computer-based electronic generation, transmission, and filling of a medical prescription, captivating the place of paper and faxed treatments. With e-prescribing, healthcare provider can provide prescription information into a computer device such as laptop, tablet, or desktop computer, and securely transmit the prescription to pharmacies using a special software program and connectivity to a broadcast network. E-prescribing also helps to improve healthcare quality and patient safety by minimizing medication inaccuracies and checking for drug interactions and also make care more accessible by facilitating providers to electronically request prescription refills.

Increasing emphasis on the reduction of fraud & abuse of controlled substances, growing government initiatives and incentives programs to digitalize healthcare systems, and the need to curtail surging healthcare costs are the few factor responsible for high CAGR of the market over the forecast period. For instance, the Drug Enforcement Agency's (DEA) Interim Final Rule with Request for Comment titled "Electronic Prescriptions for Controlled Substances" [Docket No. DEA-218, RIN 1117-AA61] was issued in the Federal Register. Effective from June 2010, this regulation has had a massive effect on the prohibited use of controlled substances. The rule revised DEA's regulations to provide practitioners with the option of writing prescriptions for controlled substances electronically.

Moreover, increasing healthcare expenditure and improved healthcare infrastructure in developing countries is likely to create lucrative growth opportunities to the growth of market in the forecasting years. However, high cost of deployment, reluctance to adopt new technology and security and workflow issues are the few factor anticipated to limiting the growth of global E-Prescribing market during the forecast period.

Global E-Prescribing Market report focuses on various key parameters that include:

• Market concentration ratio
• Growth rate
• Industry drivers and major challenges
• Recent market trends
• Geographical segmentation
• Competitive structure
• Competitive ranking analysis

Competitive Landscape:

The competitive analysis of major market players is another notable feature of the e-prescribing market report; it identifies direct or indirect competitors in the market.

Major market player included in this report are:
Epic Systems Corporation
Cerner Corporation
Allscripts Healthcare Solutions, Inc.
Athenahealth, Inc.
Quality Systems, Inc.
Medical Information Technology, Inc.
Relayhealth Corporation
Surescripts-Rxhub, LLC.
Henry Schein, Inc.
Greenway Health LLC

Market Segmentation:

By Product:
Solutions
Services

By Delivery Mode:
Web & Cloud-Based Solutions
On-Premise Solutions

By End-User:
Hospitals
Office-Based Physicians
Pharmacies

The regional analysis of global E-Prescribing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing government initiatives and incentive programs to promote the E-prescribing system in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026 due to the healthcare organization are located in Asia are actively moving to digitalization with an emphasis on streamlining their entire workflow and ensuring patient safety.

The research methodology adopted by analysts to study the market include inputs derived from industry professionals across the value chain and various other secondary research methods, along with primary research as a major tool for market study.

Key Questions Addressed in the Report:

1. Who are the top 10 players operating in the e-prescribing market?

2. What are the driving factors, restraints, opportunities, and challenges in the e-prescribing market?

3. What are the current scenario and industry trends in the e-prescribing market?

4. Which industry and technology can be a potential revenue pocket for market players in the next five years?

5. Who are the visionary leaders, dynamic differentiators, innovators, and emerging players and what are the key strategies adopted by them to strengthen their positions?

6. What are the e-prescribing market opportunities and threats faced by the vendors in the e-prescribing market?

7. What are the e-prescribing market challenges to market growth?

8. Analysis based on historical information along with the current trends to estimate the future of the market

9. Analysis of the impact of constantly changing global market scenarios

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