E-Prescribing Market Size Forecasted To Achieve $8.22 Billion By 2029 With Steady Growth

The E-Prescribing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the E-Prescribing Market Size and Projected Growth Rate?
In the past few years, the e-prescribing market has experienced significant expansion. The industry, valued at $2.67 billion in 2024, is expected to rise to $3.32 billion in 2025, showcasing a compound annual growth rate (CAGR) of 24.6%. Factors that have contributed to this growth during the historic period include mandatory regulations, decreased medication mistakes, improved patient safety, enhanced prescription workflows, and heightened prescriber efficiency.

The market for e-prescribing is set for a significant surge in the upcoming years, with projections pointing towards a market worth of $8.22 billion by 2029, indicative of a Compound Annual Growth Rate (CAGR) of 25.4%. This anticipated growth within the forecasted period can be credited to factors such as the expanding telemedicine industry, personalized medicine, prescription drug monitoring schemes, medication therapy management, and worldwide e-prescribing initiatives. Cleary observable trending aspects within this period encompass interoperability, health information exchange, medication reconciliation, pre-approval for digital medication, tools for medication adherence, e-prescriptions for controlled substances, along with AI-powered alerts and decision support.

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What Are the Major Segments in the E-Prescribing Market?
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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What Are The Driving E-Prescribing Market Evolution?
The increasing emphasis on minimizing medical mistakes is projected to fuel the expansion of the e-prescribing market in the future. Medical mistakes are preventable negative impacts on a patient's health due to medical care. The introduction of e-prescribing has dramatically decreased mistakes caused by the inability to read a physician's handwriting. Specifically, in May 2023, the National Library of Medicine, a medical library based in the US, reported that medical errors in hospitals and clinics result in about 100,000 fatalities annually. As such, the intensifying focus on lessening medical mistakes is propelling the growth of the e-prescribing market.

Which Firms Dominate The E-Prescribing Market Segments?
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.

What Trends Are Expected to Dominate the E-Prescribing Market in the Next 5 Years?
The onset of a significant technological shift in healthcare is a key trend gaining traction in the e-prescribing market. Major companies in this field are keen on developing innovative technological solutions to bolster their standing. Case in point, Change Healthcare, a US-based healthcare technology firm that offers e-prescribing, unveiled InterQual 2022 in April 2022. This latest version of the company's flagship clinical decision support solution is aimed at delivering contemporary, evidence-based appropriate care. It introduces new criteria for emerging trends, restructured and engaging criteria to streamline operations, and uses artificial intelligence (AI) to prompt proactive insights and efficiency. Assuring user confidence, all updates have undergone research and independent peer review to ensure they are free from bias.

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Which Is The Largest Region 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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the E-Prescribing Market?
2. What is the CAGR expected in the E-Prescribing Market?
3. What Are the Key Innovations Transforming the E-Prescribing Industry?
4. Which Region Is Leading the E-Prescribing Market?

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