E-Prescribing Market to Witness Revolutionary Growth | DrFirst, Allscripts, Practice Fusion, Surescripts, Cerner

Latest Study on Industrial Growth of E-Prescribing Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the E-Prescribing market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Major players profiled in the study are:
Cerner Corporation (United States), Athenahealth, Inc. (United States), Allscripts (United States), eClinicalWorks (United States), DrFirst (United States), Practice Fusion, Inc. (United States), Emdeon (United States), Surescripts (United States), Henry Schein, Inc. (United States), HealthFusion, Inc. (United States)

Scope of the Report of E-Prescribing
Electronic prescribing (e-prescribing) solutions are widely used in the healthcare industry for their benefits such as improved patient safety, fewer medication errors due to handwritten prescriptions, fewer medication errors due to misunderstood phone prescriptions, and lower risk of losing or losing misplaced written prescriptions. This, in turn, should spur growth in the global electronic prescription market over the forecast period. The e-prescription market is expected to continue this trend over the coming years. This is due to the increasing adoption of electronic prescription and drug delivery systems, which offer benefits such as accurate communication between health professionals and a reduction in unwanted medication errors, drug events, and healthcare costs. The increasing adoption of EHR solutions, government initiatives and incentive programs, the increasing focus on reducing the abuse of controlled substances, the increasing focus on reducing medical errors, and the need to reduce rising healthcare costs are driving the growth of the e-prescription market ahead. In addition, the outbreak of the COVID-19 pandemic has accelerated the use of telemedicine modules and telemedicine consultations. This continues to drive the adoption of e-prescribing solutions. The increasing government support for the introduction of EHR solutions and the need to reduce rising healthcare costs are the main drivers of the demand for such solutions. Despite its advantages, end-users continue to be reluctant to adopt electronic prescribing solutions, largely due to their high cost. The costs are not limited to the one-time purchase of a system, but also include recurring costs, e.g. for implementation services, maintenance, and support services, the integration of electronic prescribing in EHR / EMR, and in some training for cases, and education.

On July 26, 2018, the Connecticut State Medical Society (CSMS), representing more than 6,000 physicians in Connecticut, had selected DrFirst, a leading provider of e-prescribing and patient medication management solutions, as the vendor of choice for its robust e-prescribing tool, iPrescribe, for its members.

The rule revises DEA regulations so as to allow practitioners to write prescriptions for controlled substances electronically. The regulations also allow pharmacies to receive, dispense and archive these electronic prescriptions. These regulations are in addition to, not a substitute for. Many states have already implemented EPCS mandates, some have laws from 2020 and many more have laws on the books. While drugs are regularly prescribed in or near any of the six states that require EPCS certification as of January 1, 2020, it should be ensured that corrections are in place to meet the mandate and that controlled substances are in place after January 1st can be prescribed.

In April 2020, DrFirst had partnered with ID.me so as to help users of the company's e-prescribe app to verify their identities within a few minutes. This is thereby expected to speed up the process for clinicians to prescribe drugs.

In July 2019, NextGen Healthcare had announced its partnership with Optimize Rx (US) for providing real-time access to critical financial information, hence allowing providers to help patients to choose appropriate medication plans, as per their cover and budgets. This tool has been integrated with the company's EHR workflow.

The Global E-Prescribing Market segments and Market Data Break Down are illuminated below:
by Type (Stand-Alone Systems, Integrated Systems), Application (Hospital, Office-based physician), Delivery Mode (Web-based, On-premise/licensed, Cloud-based), Component (Software, Hardware, Services)

Market Opportunities:
• Emerging economies in Asia Pacific region such as India, China and Japan

Market Drivers:
• Government Initiatives and Incentive Programs have led to the demand of E-prescribing system
• More focus on minimizing the medication errors
• Advanced features of E-prescribing system drive the market growth

Market Trend:
• E-Prescribing is gaining importance in medical record systems
• Rising demand for cloud-based solutions

What can be explored with the E-Prescribing Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global E-Prescribing Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in E-Prescribing
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Table of Contents
Global E-Prescribing Market Research Report
Chapter 1 Global E-Prescribing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global E-Prescribing Market Forecast

Finally, E-Prescribing Market is a valuable source of guidance for individuals and companies.

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