The US E-Prescribing Market Size, Share | CAGR 21.65% During 2024-2030 - Arizton

According to Arizton's latest research report, the US e-prescribing market [https://www.arizton.com/market-reports/us-e-prescribing-market] is growing at a CAGR of 21.65% during 2024-2030.

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Report Summary

Market Size (2030): $2.45 Billion

Market Size (2024): $758.57 Million

CAGR (2024-2030): 21.65%

Historic Year: 2021-2023

Base Year: 2024

Forecast Year: 2025-2030

Market Segmentation: Type, Delivery Mode, Modality, Medication, and End-User

The US E-Prescribing Market Overview

The US e-prescribing market is experiencing significant growth, with an increasingly competitive landscape shaped by both standalone solutions and integrated e-prescribing systems. Standalone solutions are gaining traction among smaller clinics and private healthcare facilities, while larger healthcare providers are gravitating toward integrated systems that combine e-prescribing with Electronic Health Record (EHR) functionalities, including clinical decision support and electronic prior authorization. This dual demand has opened new opportunities for both established industry players and emerging entrants.

Driven by government initiatives and the growing demand for digital healthcare solutions, the market is seeing the entry of new players and collaborations, particularly among small and mid-sized companies partnering with major software vendors. Integrated e-prescribing solutions, which cater to broader healthcare needs such as medical record storage, documentation, and billing, are becoming more attractive to large healthcare organizations. Consequently, major players are intensifying their efforts to enhance their integrated offerings, which now account for a significant market share.

Fastest-Growing Segment: Integrated Modality with 21.99% CAGR

In 2024, the integrated segment of the US e-prescribing market dominated with a 90.28% share, Integrated e-prescribing systems are now a critical component of healthcare delivery, improving prescription accuracy and medication management by allowing healthcare providers to electronically send prescriptions to pharmacies, minimizing errors associated with handwritten prescriptions.

The adoption of e-prescribing has surged in recent years, with 94% of prescriptions in the US electronically filled by 2021 and 92% of prescribers using e-prescribing methods, supported by the nation's largest e-prescribing network. Integration with Electronic Health Records (EHRs) has been particularly beneficial, streamlining data exchange between healthcare providers and pharmacies, leading to enhanced prescription accuracy, patient safety, and cost reduction.

Challenges remain around data privacy and the completeness of prescription details. Efforts are underway to improve information sharing, secure data exchange, and include medication indications to support personalized care.

The Role of Healthcare Facilities in Accelerating E-Prescribing Adoption

Technology vendors in the US are driving significant advancements in e-prescribing solutions to address the evolving needs of healthcare providers and patients. These solutions aim to improve efficiency, safety, and regulatory compliance. The market is expected to grow by $1.2 billion during the forecast period.

RXNT, a leader in the ambulatory medical software market, received recognition from Forbes Advisor in 2023 for its scalable, customizable, and integrated e-prescribing software. The platform offers additional features like patient portals, online payments, scheduling, and billing, making it ideal for practices of all sizes.

Surescripts, a prominent health information network, continues enhancing its e-prescribing services by integrating with EHRs, which streamlines collaboration between providers and pharmacists, improving prescription speed, safety, and accuracy. DrFirst's e-prescribing solutions focus on preventing errors, improving patient outcomes, and enabling clinicians to access medication histories, clinical alerts, and patient insurance details from any device.

Vendors are also focusing on key features such as real-time medication access, customizable alerts, and system integration to enhance patient safety and optimize prescribing practices.

Recent Vendors Activities

* In April 2024, VieCure, a cancer care company, announced that it is integrating e-prescribing and medication management solutions from health technology pioneer DrFirst into its CDS system.
* In January 2022, Oracle announced its acquisition of Cerner Corporation, a leading supplier of health information technology solutions, including EHRs and e-prescribing services, to strengthen its healthcare cloud services.

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Key Vendors

* Athenahealth
* DrFirst
* Henry Schein
* Oracle
* Practice Fusion
* Qualifacts
* Surescripts
* AdvancedMD
* Aegis Healthcare
* Bizmatics
* CareCloud
* Change Healthcare
* ChartLogic
* Chetu
* CoverMyMeds
* Daw Systems
* DoseSpot
* DrChrono
* eClinical Works
* Elation Health
* eMDs
* Kareo
* MDToolbox
* Meditab
* Meditech
* NextGen Healthcare
* RXNT
* Sisgain
* Streamline Healthcare Solutions
* TenEleven Group
* WebPT

Segmentation & Forecast

Type

* Standard E-prescribing
* E-prescribing for Controlled Substances (EPCS)

Delivery Mode

* Web & Cloud Based
* On-premises & Desktop

Modality

* Integrated
* Standalone

Medication

* Cardiovascular
* Anti-Infectives
* Oncology
* Pain Medication
* Behavioral & Mental Health
* Others

End-Users

* Technology Vendors
* Independent & Specialty Pharmacies
* Healthcare Facilities
* PBM & Payors

Key Questions Answered in the Report:

How large is the U.S. e-prescribing market?

What is the growth rate of the U.S. e-prescribing market?

What are the latest trends in the U.S. e-prescribing market?

Which delivery mode has the largest share of the U.S. e-prescribing market?

Who are the key players in the U.S. e-prescribing market?

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