Press release
E- Prescribing Solutions Market will Hit Big Revenues in Future | Cerner, McKesson, Exostar
Global E- Prescribing Solutions Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.Major Players in This Report Include,
Allscripts Healthcare, LLC (United States), Athenahealth, Inc. (United States), Cerner Corporation (United States), DrFirst (United States), eClinicalWorks (United States), McKesson Corporation (United States), Surescripts (United States), Change Healthcare (United States), Greenway Health, LLC (United States), Practice Fusion, Inc. (United States), Chetu Inc. (United States), Henry Schein Medical Systems, Inc. (United States), Stratice Healthcare (United States) and Exostar (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are RXNT (United States), Imprivata, Inc. (United States) and H2H Solutions (United States).
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E-prescribing, or electronic prescribing, is a technique used by healthcare providers in which the prescription is sent electronically to the patient or the pharmacy. Integrated solutions and standalone solutions are two common types of e-prescribing solutions. Electronic prescribing (e-prescribing) solutions are widely used in the healthcare industry because of their benefits such as improved patient safety, fewer medication errors due to handwritten prescriptions, fewer medication errors due to misunderstood telephone prescriptions, and lower risk of losing or losing misplaced written prescriptions. The COVID-19 pandemic will not directly affect the e-prescription market. However, the impact on healthcare IT and EMR markets will fuel demand for e-prescribing solutions during and after the global pandemic. Due to the COVID-19 outbreak, the number of teleconsultations has increased. The integration of EHR, telemedicine, and e-prescribing capabilities helps prescribers build an interconnected network that ensures the use of HCIT to diagnose and prescribe medicines for patients. In addition, recommendations from the CDC on the use of telemedicine services and the Drug Enforcement Administration (DEA) regulations for electronic prescribing of controlled substances have increased the number of electronic prescribing transactions.
In 2018, US federal lawmakers recognized e-prescribing as an essential tool for controlled substances. The government passed a Substance Disorder Prevention Act that encourages the recovery and treatment of opioids (SUPPORT) for patients and communities, requiring prescriptions for controlled substances covered by Medicare Part D to be sent electronically from January 2021.
Influencing Market Trend
• Rise In Adoption of Electronic Prescribing and Medication Administration Systems
• Increase In Adoption toward Advanced Healthcare Technology Products
Market Drivers
• Increasing Focus to Reduce the Fraud & Abuse of Controlled Substance
• Growing Need to Curtail the Healthcare Costs
Opportunities
• Increasing Government Initiatives & Incentive Programs
• Increasing Popularity of E- Prescription System
• Growing Focus to Decrease Medical Errors
Restraints
• High Deployment Cost, Complexity Associated With the Workflow & Security
Challenges
• A Dearth of Technological Awareness
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In this research study, the prime factors that are impelling the growth of the Global E- Prescribing Solutions market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The E- Prescribing Solutions market study is being classified by Type, Applications and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
The Global E- Prescribing Solutions is segmented by Type (Integrated Solutions, Standalone Solutions), Application (Hospitals, Office-Based Physicians, Pharmacies), Components (Solutions, Services), Platform (Web & Cloud-Based Solution, On-Premise Solutions), Device Used (Handheld Device, Computer-Based Device)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global E- Prescribing Solutions market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Current Scenario Analysis for Decision Framework
Key Strategic Developments in E- Prescribing Solutions Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.
Key Market Features in Global E- Prescribing Solutions Market
The report highlights E- Prescribing Solutions market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in E- Prescribing Solutions, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Extracts from Table of Contents
Global E- Prescribing Solutions Market Research Report
Chapter 1 Global E- Prescribing Solutions Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued
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This report also analyzes the regulatory framework of the Global Markets E- Prescribing Solutions Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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