Press release
E-Prescribing Market 2024-2031 Revenues Will Increase Dramatically With Huge Demand | E-prescribing market CharmHealth, Cerner Corporation, GE Healthcare
Global E-prescribing Market reached US$ 2.9 billion in 2022 and is expected to reach US 9.4 billion by 2031 growing with a CAGR of 16.4% during the forecast period 2024-2031.DataM Intelligence has published a new research report on "E-Prescribing Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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The E-Prescribing market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
E-prescribing, or electronic prescribing, is a digital method of generating and transmitting prescriptions from healthcare providers to pharmacies. This technology allows clinicians to create and send prescriptions electronically using specialized software, eliminating the need for handwritten or printed prescriptions. E-prescribing enhances the accuracy and efficiency of the prescribing process, reduces the risk of medication errors, and enables better management of patient medication records. Additionally, it can streamline the refill process and improve communication between healthcare providers and pharmacies.
Key Developments:
In August 2022, CLEO Systems launched an electronic prescription system aimed at reducing prescribing errors, enhancing sustainability, and streamlining the process for both healthcare professionals and patients. The CLEO SOLO EPS enables practitioners to prescribe medications instantly without the need for system integration, allowing prescriptions to be electronically transmitted directly to a designated community pharmacy once entered.
On October 11, 2022, Walgreens Boots Alliance, Inc. announced its accelerated plans to acquire full ownership of CareCentrix, thereby expanding its presence in the growing homecare sector and advancing its long-term healthcare growth strategy. WBA has finalized an agreement to acquire the remaining 45% stake in CareCentrix for approximately $392 billion, based on the exit multiple established during its initial majority investment.
On August 1, 2023, the Central and North West London NHS Foundation Trust's addictions service (CNWL Addictions) unveiled its electronic prescription service (EPS), claiming to be the first addictions service in the country to implement such a system. This advancement allows patients to avoid waiting at the unit for paper prescriptions to be prepared.
Forecast Growth Projected:
The Global E-Prescribing Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the E-Prescribing Market:
E-prescribing market CharmHealth, Cerner Corporation, GE Healthcare, Epic Systems Corporation, ScriptSure, Athenahealth, iCare Billing, NextGen Healthcare, DrFirst, Inc, RelayHealth, LLC
Segment Covered in the E-Prescribing Market:
By System Type: Integrated System, Standalone System
By Delivery Mode: Web/Cloud-based, On-premise
By Component: Software, Hardware, Services
By End-User: Hospitals, Office-based Physicians, Pharmacy
Regional Analysis:
The global E-Prescribing Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global E-Prescribing Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The E-Prescribing Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of E-Prescribing manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of E-Prescribing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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The research study aims to address the following key questions:
➡What is the expected growth rate of the E-Prescribing Market during the forecast period of 2031?
➡What key factors are driving the E-Prescribing Market across various regions?
➡Who are the leading vendors in the E-Prescribing industry, and what strategies contribute to their success?
➡What is the anticipated market scope for the projected period?
➡What major trends are influencing the industry's growth in the coming years?
➡What challenges does the E-Prescribing Market face?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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