Home > Healthcare > Healthcare IT > Payer/Provider Solutions > ePrescribing Market

ePrescribing Market Trends

Report ID: GMI8999
Published Date: Apr 2024
Report Format: PDF

Download Free Sample

ePrescribing Market Trends

Minimization of prescription errors is a significant factor contributing to the growth and adoption of ePrescribing solutions in the healthcare market. This enables for improved patient safety, enhanced quality of care, and increased efficiency in medication management. Therefore, as healthcare providers and organizations prioritize patient safety and regulatory compliance, the adoption of ePrescribing solutions is expected to continue to grow, thereby driving market expansion and innovation in the market.

However, the concerns pertaining to patient data security of patient data due to its utilization of cloud-based data storage could potentially decrease the acceptance of e-prescribing systems, thereby impeding market expansion.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

ePrescribing industry was valued at USD 2.8 billion in 2023 and is predicted grow at 23.9% CAGR from 2024 – 2032, driven by growing adoption of electronic health records (EHR).

The web/cloud-based segment in the market is expected to reach USD 10.8 billion by the end of 2032, backed by the reduced cost in comparison to on-premises solutions.

North America ePrescribing market accounted for USD 1.2 billion in 2023 and is anticipated to grow at 23.8% CAGR between 2024 – 2032, attributed to the technological advancements in healthcare IT infrastructure, including electronic health record (EHR) systems and interoperability standards.

Allscripts Healthcare, LLC, Athenahealth, Change Healthcare, DrFirst, Epic Systems Corporation, McKesson Corporation, Networking Technology, Inc, NXGN Management, LLC, Practice Fusion, Inc. and Surescripts