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ePrescribing Market worth $253.79 million by 2030, growing at a CAGR of 8.05% - Exclusive Report by 360iResearch

08-09-2024 09:42 PM CET | IT, New Media & Software

Press release from: 360iResearch

ePrescribing Market | 360iResearch

ePrescribing Market | 360iResearch

The "ePrescribing Market by Offrings (Services, Solution), Delivery Mode (On premise, Web & Cloud based), End User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

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ePrescribing, or electronic prescribing, enables healthcare providers to electronically send prescriptions to pharmacies, replacing traditional paper-based methods. This technology includes software solutions, platforms, and integrated systems that enhance efficiency and safety in the prescribing process. It is crucial for improving patient safety by reducing prescription errors associated with illegible handwriting or manual data input. Moreover, ePrescribing increases efficiency by speeding up the prescription process, reduces wait times, and helps healthcare providers comply with regulatory requirements. It integrates with Electronic Health Records (EHRs) and Health Information Exchanges (HIEs) to enhance care coordination. ePrescribing applications include medical practices, where physicians send prescriptions directly to pharmacies and access medication histories; pharmacies, which streamline the filling process and reduce errors; hospitals, which coordinate care better; and telemedicine, facilitating remote consultations. The end-use scope comprises healthcare providers, pharmacies, and government/regulatory bodies promoting ePrescribing through various initiatives and incentives. Key factors driving market growth involve regulatory support through legislation such as the HITECH Act, technological advancements including EHR integration, the rising prevalence of chronic diseases necessitating long-term medication management, and improved healthcare IT infrastructure. Potential opportunities include telehealth expansion, AI and machine learning for predictive analytics, and user-friendly mobile solutions for managing prescriptions. Recommendations for market players focus on enhancing interoperability with various EHR systems, providing comprehensive user training and support, and investing in robust cybersecurity measures. However, market limitations include high initial implementation costs, technical challenges related to integration and system downtimes, data privacy concerns under regulations such as HIPAA, and resistance from some providers to shift from traditional methods. Areas for innovation encompass data analytics for predicting prescription trends, blockchain for improved data security, patient education tools for medication adherence, and personalized medicine integrating with ePrescribing systems. The ePrescribing market is dynamic and evolving, driven by regulatory mandates and technological advancements, with stakeholders recognizing its value for improved patient care and integrated healthcare solutions.

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Market Segmentation & Coverage:

This research report categorizes the ePrescribing Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Offrings, market is studied across Services and Solution. The Services is further studied across Implementation and Network. The Solution is further studied across Integrated, and Standalone.

Based on Delivery Mode, market is studied across On premise and Web & Cloud based.

Based on End User, market is studied across Hospitals, Pharmacies, and Physician Offices.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Key Company Profiles:

The report delves into recent significant developments in the ePrescribing Market, highlighting leading vendors and their innovative profiles. These include 75health, Allscripts Healthcare Solutions Inc., athenahealth, Inc., Dosespot by PRN Software, LLC, DrChrono, DrFirst Inc., eazyScripts Technology, LLC, eClinicalWorks, eMDs, Inc. by CompuGroup Medical, Epocrates Inc., Healthie Inc., iCoreConnect, Intelligent Medical Software, Kareo, Inc. by Tebra Technologies, Inc., MDToolbox, MedicalMine Inc., Networking Technology, Inc., NextGen Healthcare, Inc., Optum, Inc., Oracle Corporation, Pabau, Provet Cloud, Qualifacts Systems, LLC, Surescripts, LLC, and Wolters Kluwer N.V..

Introducing 360iResearch AI: Revolutionizing Market Intelligence with AI-Powered Insights for the ePrescribing Market

We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the ePrescribing Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive ePrescribing Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.

Ask Question to Research AI @ https://www.360iresearch.com/library/intelligence/eprescribing

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. ePrescribing Market, by Offrings
7. ePrescribing Market, by Delivery Mode
8. ePrescribing Market, by End User
9. Americas ePrescribing Market
10. Asia-Pacific ePrescribing Market
11. Europe, Middle East & Africa ePrescribing Market
12. Competitive Landscape
13. Competitive Portfolio

Read More @ https://www.360iresearch.com/library/intelligence/eprescribing

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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