Healthcare

Global E Prescribing Market 2019 to 2024 Status and Trend by Leading Companies, Regional 2016-2022

E Prescribingis an emerging technology framework that diminishes the use of paper prescriptions by medical practitioners by sending prescriptions to pharmacists electronically thus reducing errors and illegible handwriting problems in prescriptions. The Global E Prescribing Market was valued at USD XXX Billion in 2013 and is expected to reach USD XXX Billion by 2019, at a CAGR of XX% between 2013 and 2019.

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The framework consists of four major parts: the prescriber, the transaction hub, the pharmacy and the patient. The prescribes updates the record of the patent with a new prescription or updates the old one after studying his records and then this is transmitted to the transaction hub. From here the pharmacy is updated and a call is given to the patient. This not only has efficiency advantages over the handwritten prescription but also makes the medical care more reliable and effective.

The end user of this technology include hospitals, patients, office based physicians and pharmaceuticals.

Market Dynamics
The increasing government initiatives to make healthcare more efficient and error free combined with the overall improvement in healthcare system efficiency is what is driving E Prescription markets. Following are the driving factors for the market of this technology:
The implementation of Electronic Health Record (EHR’s) systems by the governments of many developing countries.

Growing need for improved and efficient healthcare systems in various countries at urban as well as rural levels.

Growing expansion of IT in healthcare also drives the market for this technology.
Targets to reduce healthcare and prescription costs.

The roadblocks faced by E Prescription are as follows:
Physician reluctance to accept the new technology in a sensitive matter like healthcare.
Data integrity and security against threats from making the system electronic.
High initial costs of the prescription system and threat to the privacy of patients data.
Low availability of broadband in many functional regions.

Market Segmentation
The market for E Prescription is segmented on the basis of product, end user, delivery mode and region as follows:
On the basis of Product type
E prescribing solutions
Integrated solutions
Standalone solutions
E Prescribing Services
Support & maintenance services
Implementation services
Network services
Training & education services
On the basis of delivery type
Web-based
Cloud-based
Licensed or on-premise delivery
On the basis of end user
Hospitals
Pharmaceuticals
Office-based physicians
Regional segmentation
Europe
North America

Asia Pacific
In this segmentation, integrated solutions, web based delivery and hospitals constitute the largest share of the respective segmentation division.

Geographic Analysis
Geographically the market is segmented into three different regions: North America, Europe, and Asia Pacific. Europe and North America dominate the market for E Prescribing owing to the various schemes and initiatives been taken up by the government in these countries. Europe however held the largest share of global E Prescription market in 2012. Itwill continue to hold this position owing to the large-scale adoption of European Patient Smart Open Services (epSOS) coupled with the Schleswig-Holstein Health Initiative which has fuelled the E health services in the region. North America will however represent the fastest growing regional market, attributed to higher adoption of electronic prescribing systems to support the increasingly changing healthcare infrastructure. On one hand the Patient Protection and Affordable Care Act has led to the restructuring of private insurance, Medicare, and Medicaid systems, the CMS incentive program reimburses physicians for using EHR (Electronic Health Records) on the other hand, which is encouraging the use of e-prescribing. Also schemes such as Health Information Technology for Economic and Clinical Health (HITECH) Act and National Council for Prescription Drugs Program are driving north American E prescription market.Lastly, the Asia Pacific market is increasingly adopting to this technology owing to the improved and developing healthcare facilities and infrastructure in this region.

Key Players
The key players who are driving the market of E Prescribing and determine its future are: E-ClinicalWorks (USA), HealthFusion, Inc., Henry Schein, Inc.(USA),Cerner Corporation(USA), Practice Fusion, Inc(USA), Allscripts Healthcare Solutions, Inc. (USA), Epic Systems Corporation (USA), Quality Systems, Inc. (USA), Athenahealth, Inc. (USA), RelayHealth, LLC (USA), GE Healthcare (USA), Computer Programs and Systems Inc. (USA), DrFirst, Inc. (USA), Surescripts-RxHub, LLC (USA), Medical Information Technology, Inc. (USA), Change Healthcare Holdings, Inc. (USA).

Report Highlights
The report contains comprehensive analysis on:
E Prescribing market segments
E Prescribing market drivers, restraints and opportunities
E Prescribing market size and forecast 2016 to 2022
Supply and demand value chain
E Prescribing market current trends
Competition and major companies
Technology and R&D status

Porters five force analysis
Strategic and critical success factor analysis of key players
The regional analysis of E Prescribing market includes:
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan

Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa

Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.

Report Highlights:
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
In-depth Market Segmentation
Historical and Projected Market Sizing in terms of volume and value
Recent market trends and Impact Factors
R&D Status and Technology Overview
Extensive Industry Structure Coverage

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