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Leading Growth Driver in the E-Prescribing Market in 2025: Growing Emphasis On Error Reduction Drives E-Prescribing Market Expansion Driver's Influence

02-24-2025 09:54 AM CET | Health & Medicine

Press release from: The Business Research Company

E-Prescribing Market Growth

E-Prescribing Market Growth

What market dynamics are playing a key role in accelerating the growth of the e-prescribing market?
Expectations of growth in the e-prescribing market are being driven by an increased emphasis on reducing medical errors. These avoidable adverse impacts of medical care on patients can be significantly minimized with e-prescribing, which has proven effective in preventing mistakes due to illegible doctor handwriting. A study in May 2023 by the US-based National Library of Medicine confirmed that medical errors in hospitals and clinics result in roughly 100,000 deaths annually. Therefore, this escalating attention to minimizing potential medical mishaps is propelling the expansion of the e-prescribing market.

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How will the growth rate of the e-prescribing market shape industry trends by 2034?
The market size of e-prescribing has seen remarkable growth in the past few years. The market value which stood at $2.67 billion in 2024, is projected to surge to $3.32 billion in 2025, reflecting a compound annual growth rate (CAGR) of 24.6%. Factors such as regulatory directives, decrease in medication errors, augmented patient safety, amplified prescription processes, and heightened efficiency of prescribers have been instrumental behind the growth during the historical period.

The market size for e-prescribing is anticipated to witness a significant surge in the upcoming years, reaching $8.22 billion in 2029 with a compound annual growth rate (CAGR) of 25.4%. Factors contributing to the notable growth in the forecast period include the expansion of telemedicine services, personalized medicine, prescription monitoring programs, medication therapy management, and worldwide e-prescribing initiatives. Major developments anticipated during the forecast period consist of compatibility and health data exchange, medication reconciliation, electronic pre-authorization, tools for medication compliance, e-prescribing for controlled substances, and decision supports guided by AI.

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What trends are poised to drive the future success of the e-prescribing market?
The occurrence of technological advancements in the healthcare sector is a notable trend that is gaining traction in the e-prescribing market. The leading companies in this market are concentrating on creating new tech solutions to consolidate their standing. For example, in April 2022, Change Healthcare, a US healthcare technology firm specializing in e-prescribing, introduced InterQual 2022. It is the most recent version of the company's premier solution for clinical decision support to facilitate the latest and proven appropriate care. It features new criteria for emerging trends, reorganized and interactive standards to simplify workflows, and Artificial Intelligence (AI) for fostering predictive insights and efficiency. All these enhancements have been meticulously researched and independently peer-reviewed, assuring users of their unbiased nature.

Which primary segments of the e-prescribing market are driving growth and industry transformations?
The e-prescribing market covered in this report is segmented -

1) By Component: Solutions, Services
2) By Deployment: Web And Cloud Based, On-Premise
3) By End-User: Hospitals, Office-Based Physicians, Pharmaceuticals

Subsegments:
1) By Solutions: E-Prescribing Software, Electronic Health Records (EHR) Integration, Mobile E-Prescribing Applications
2) By Services: Implementation Services, Training And Support Services, Maintenance And Upgrades

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Which geographical regions are pioneering growth in the e-prescribing market?
North America was the largest region in the e-prescribing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the e-prescribing market during the forecast period. The regions covered in the e-prescribing market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the influential players reshaping the e-prescribing market landscape?
Major companies operating in 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, Health Fusion Inc., eMDs Inc., Cerner Corporation, Practice Fusion Inc., eClinicalWorks LLC, Greenway Health LLC, AdvancedMD Inc., Kareo Inc., PracticeSuite Inc., Advanced Data Systems Corporation, Aprima Medical Software Inc., Compulink Healthcare Solutions, CureMD Healthcare, MacPractice Inc., Medsphere Systems Corporation, Modernizing Medicine Inc., NueMD LLC, Office Ally Inc., Optum Inc., PatientNOW Inc., protected cell company, Sevocity Inc.

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What Is Covered In The E-Prescribing Global Market Report?

•Market Size Forecast: Examine the e-prescribing market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the e-prescribing market for a structured understanding.
•Key Players Overview: Analyze major players in the e-prescribing market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the e-prescribing market.
•Segment Contributions: Evaluate how different segments drive overall growth in the e-prescribing market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the e-prescribing market.
•Industry Challenges: Identify potential risks and obstacles affecting the e-prescribing market.
•Competitive Landscape: Review strategic developments in the e-prescribing market, including expansions, agreements, and new product launches.

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