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The
global E-Prescribing market is witnessing a significant growth led by
various government programs to implement E-Prescribing systems in
order to improve quality of healthcare and reduce medication errors.
The E-Prescribing system is used in various applications including
preparation of complete medication list, data security checks,
complete information of formulary and patient historical data.
These
advanced features of E-Prescribing are some of the key driving
factors for the E-Prescribing market. Additionally, improved
healthcare infrastructure has increased the demand for E-Prescribing
system. Moreover, implementation of electronic healthcare records
with E-Prescribing system holds immense potential for the growth of
E-Prescribing market. E-Prescribing market is expected to grow a CAGR
of about 23.5% during 2013-2019.
On
the other hand, high cost of E-Prescribing system and lack of patient
privacy and security impede the growth of E-Prescribing market.
Moreover, lack of high-speed broadband facilities and IT
professionals in rural areas are also some of the key restraints for
the E-Prescribing market.
Europe
is the largest market for E-Prescribing system. Many eHealth projects
in Europe are playing a vital role in the adoption of E-Prescribing
system such as European Patient Smart Open Services (epSOS) and
Schleswig-Holstein Health Initiative.
However,
North America is the fastest growing region in the E-Prescribing
market. Increased adoption of E-Prescribing system and improved
healthcare infrastructure are major drivers for E-Prescribing market
in North America.
Moreover,
several government initiatives are also promoting the usage of
E-Prescribing system such as Health Information Technology for
Economic and Clinical Health (HITECH) Act and National Council for
Prescription Drugs Program.
In
Asia, usage of E-Prescribing system is increasing due to medical
infrastructure development and government initiative programs.
Growing medical infrastructure has led to improvement in primary
healthcare services, village clinics and urban healthcare centers
through the adoption of healthcare IT technologies.
Henry
Schein, Inc. and Cerner Corporation are the leading player in the
global E-Prescribing market. Other major players of E-Prescribing
market include athenahealth, Inc., DrFirst, eClinicalWorks,
HealthFusion, Inc., and Practice Fusion, Inc.
The
global market of E-Prescribing is segmented as follows:
E-Prescribing
Market, By Product Type
Integrated
system
Stand-alone
system
E-Prescribing
Market, By Component
Software
Hardware
Services
E-Prescribing
Market, By Delivery Mode
Web-based
On-premise/licensed
Cloud-based
E-Prescribing
Market, By Usage Mode
Hand-held
device
PC-based
E-Prescribing
Market, By End User
Hospital
Office-based
physician
E-Prescribing
Market, by Geography
Europe
Germany
The
U.K.
France
The
Netherlands
North
America
The
U.S.
Canada
Asia
Japan
China
Rest
of the World (RoW)
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