Press release
E-Prescribing Market: Robust Growth, Market Size, and Major Trends
E-Prescribing Market
The revolutionary growth of the global e-prescribing market, catalyzed by regulatory mandates, reduction in medication errors, improved patient safety, and enhanced prescription workflows.
What Is The Projected Market Size Of The Global E-Prescribing Market And Its Growth Rate?
The significant expansion of e-prescribing market is as follows:
• The market size grew from $2.67 billion in 2024 to $3.32 billion in 2025, marking an impressive CAGR of 24.6%.
• The market is expected to rocket to $8.22 billion in 2029, with a projected CAGR of 25.4%.
Factors such as the growth of the telemedicine sector, personalized medicine, prescription drug monitoring programs, and medication therapy management primarily drive this growth.
What Is Driving The Growth In The E-Prescribing Market?
The burgeoning emphasis on reducing medical errors energizes the e-prescribing market's growth. Medical errors or avoidable adverse effects of medical care have seen a significant decrease due to e-prescribing, eliminating legibility issues arising from physician handwriting. Notably, the National Library of Medicine cited in May 2023 that about 100,000 deaths occur annually due to medical errors in hospitals and clinics, underscoring the critical need for solutions like e-prescribing.
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Who Are The Key Players Driving E-Prescribing Market Growth?
Major corporations at the helm of the e-prescribing market include:
• Epic Systems Corporation
• Allscripts Healthcare Solutions Inc.
• NextGen Healthcare Inc.
• Athenahealth
• Henry Schein Inc.
• Computer Programs and Systems Inc.
• DrFirst.com Inc.
• Surescripts
• Medical Information Technology
• Change Healthcare
What Are The Key Trends In The E-Prescribing Market?
Evolving trends in the e-prescribing market:
• Interoperability and health information exchange
• Medication reconciliation
• Electronic prior authorization
• Medication adherence tools
• ERx for controlled substances
• AI-driven alerts and decision support
What Are The Segments Of The Global E-Prescribing Market?
E-Prescribing market segments include:
1) By Component: Solutions, Services
2) By Deployment: Web And Cloud Based, On-Premise
3) By End-User: Hospitals, Office-Based Physicians, Pharmaceuticals
Which Region Leads The E-Prescribing Market?
In 2024, North America emerged as the largest region in the e-prescribing market. Asia-Pacific, however, is expected to witness the fastest growth rate during the forecast period. The e-prescribing market's span encompasses regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The E-Prescribing Market Global Market Report?
- Market Size Analysis: Analyze the E-Prescribing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the E-Prescribing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall E-Prescribing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the E-Prescribing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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