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ePrescribing Market worth $253.79 million by 2030, growing at a CAGR of 8.05% - Exclusive Report by 360iResearch
ePrescribing Market | 360iResearch
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ePrescribing, or electronic prescribing, enables healthcare providers to electronically send prescriptions to pharmacies, replacing traditional paper-based methods. This technology includes software solutions, platforms, and integrated systems that enhance efficiency and safety in the prescribing process. It is crucial for improving patient safety by reducing prescription errors associated with illegible handwriting or manual data input. Moreover, ePrescribing increases efficiency by speeding up the prescription process, reduces wait times, and helps healthcare providers comply with regulatory requirements. It integrates with Electronic Health Records (EHRs) and Health Information Exchanges (HIEs) to enhance care coordination. ePrescribing applications include medical practices, where physicians send prescriptions directly to pharmacies and access medication histories; pharmacies, which streamline the filling process and reduce errors; hospitals, which coordinate care better; and telemedicine, facilitating remote consultations. The end-use scope comprises healthcare providers, pharmacies, and government/regulatory bodies promoting ePrescribing through various initiatives and incentives. Key factors driving market growth involve regulatory support through legislation such as the HITECH Act, technological advancements including EHR integration, the rising prevalence of chronic diseases necessitating long-term medication management, and improved healthcare IT infrastructure. Potential opportunities include telehealth expansion, AI and machine learning for predictive analytics, and user-friendly mobile solutions for managing prescriptions. Recommendations for market players focus on enhancing interoperability with various EHR systems, providing comprehensive user training and support, and investing in robust cybersecurity measures. However, market limitations include high initial implementation costs, technical challenges related to integration and system downtimes, data privacy concerns under regulations such as HIPAA, and resistance from some providers to shift from traditional methods. Areas for innovation encompass data analytics for predicting prescription trends, blockchain for improved data security, patient education tools for medication adherence, and personalized medicine integrating with ePrescribing systems. The ePrescribing market is dynamic and evolving, driven by regulatory mandates and technological advancements, with stakeholders recognizing its value for improved patient care and integrated healthcare solutions.
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Market Segmentation & Coverage:
This research report categorizes the ePrescribing Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Offrings, market is studied across Services and Solution. The Services is further studied across Implementation and Network. The Solution is further studied across Integrated, and Standalone.
Based on Delivery Mode, market is studied across On premise and Web & Cloud based.
Based on End User, market is studied across Hospitals, Pharmacies, and Physician Offices.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the ePrescribing Market, highlighting leading vendors and their innovative profiles. These include 75health, Allscripts Healthcare Solutions Inc., athenahealth, Inc., Dosespot by PRN Software, LLC, DrChrono, DrFirst Inc., eazyScripts Technology, LLC, eClinicalWorks, eMDs, Inc. by CompuGroup Medical, Epocrates Inc., Healthie Inc., iCoreConnect, Intelligent Medical Software, Kareo, Inc. by Tebra Technologies, Inc., MDToolbox, MedicalMine Inc., Networking Technology, Inc., NextGen Healthcare, Inc., Optum, Inc., Oracle Corporation, Pabau, Provet Cloud, Qualifacts Systems, LLC, Surescripts, LLC, and Wolters Kluwer N.V..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. ePrescribing Market, by Offrings
7. ePrescribing Market, by Delivery Mode
8. ePrescribing Market, by End User
9. Americas ePrescribing Market
10. Asia-Pacific ePrescribing Market
11. Europe, Middle East & Africa ePrescribing Market
12. Competitive Landscape
13. Competitive Portfolio
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About 360iResearch
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