E-Prescribing Software Market Foreseen to Grow Exponentially by 2033

Harsh Singh Harsh Singh
May 22, 2024 - 09:31
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E-Prescribing Software Market Foreseen to Grow Exponentially by 2033

According to Regional Research Reports, the Global EPrescribing Software Market size revenue was valued USD 1.83 billion in 2022 and reach USD 7.23 billion in 2033, at a CAGR of 24.38% during the forecast period of 2023-2033.

EPrescribing Software Market development strategy after and before COVID-19, by corporate strategy analysis, landscape, delivery mode, prescription type, and end user. The leading countries examine and assess the industry's potential while providing statistical data on market dynamics, growth factors, significant challenges, PESTEL analysis, market entry strategy analysis, opportunities, and prospects. The report's strategic analysis of the effects of COVID-19 is its main selling point for businesses in the sector. At the same time, this analysis examined the markets of the top 20 nations and described their market potential.

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EPrescribing Software Market, Covered Segmentation

Most important Delivery Mode of EPrescribing Software Market covered in this report are:

  • Web-based
  • On-premise

Most important Prescription Type of the EPrescribing Software Market covered in this report are:

  • Controlled substance
  • Non controlled Substances

Most important End User of the EPrescribing Software Market covered in this report are:

  • Physician’s Office
  • Hospitals
  • Pharmacies

Top countries data covered in this report:

By Region and Country, 2022 (%)

  • United States
  • Canada
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • China
  • Japan
  • South Korea
  • Australia
  • Thailand
  • Brazil
  • Argentina
  • Chile
  • South Africa
  • Egypt
  • UAE
  • Saudi Arabia

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Major Players in EPrescribing Software Market are:

  • Johns Hopkins Health System
  • University of Utah Health Care
  • Vanderbilt Health System
  • Duke University Health System
  • UNC Health Care

Software for eprescribing software requests includes in-depth analysis, macro and micro market trends, opportunities and scenarios, pricing analysis, and a thorough summary of the market's current conditions. In the long term, market research reports closely monitor the industry's top competitors. It is an expertly written and comprehensive document highlighting the report's key and secondary drivers, market share, top segments, and regional analysis. The research also examines key actors, significant partnerships, mergers, acquisitions, current innovations, and corporate practices.

Key Benefits for Industry Participants and Stakeholders: –

  • Industry drivers, trends, restraints, and opportunities are covered in the study.
  • Neutral perspective on the market scenario
  • Recent industry growth and new developments
  • Competitive landscape and strategies of key companies
  • The Historical, current, and estimated market size in terms of value and size
  • In-depth, comprehensive analysis and forecasting of the eprescribing software market

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Trends and Innovations

Recent innovations in the market include user-friendly solutions and strategic partnerships. For instance, Wales introduced its electronic prescription service in November 2023, which is expected to significantly reduce the use of paper forms. Additionally, partnerships like that between DrFirst and BoomerangFX in June 2023 aim to enhance medication management systems, improving clinical operations and patient engagement​.

Market Drivers and Challenges

Key drivers for market growth include the need to reduce prescription errors, improve patient medication adherence, and streamline healthcare workflows. However, challenges such as security concerns and a lack of skilled personnel to manage ePrescribing systems persist​

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