E-prescribing market is expected to grow at a significant rate during the forecast period 2019-2025. Electronic prescribing or e-prescribing is a technology framework which enables medical practitioners and physicians to write and send prescriptions. It enables to send e-prescription to the pharmacy electronically instead of handwritten prescriptions. The e-prescribing system enables to provide electronic reference handbook, and the systems act as stand-alone prescription writers, which enable to develop fill up prescriptions for individual patients. It assists to view and manage patient medications, history and enables to connect pharmacy, which is integrated with electronic medical record system. The e-prescribing software alerts physicians about patient’s previously prescribed drugs and documented allergies. The integration of notification in the system enables the patient to prevent from duplicate therapy or interactions with other drugs. The e-prescription enables to eliminate paper-based prescriptions, as it sometimes lost or forgotten.  The e-prescribing directly sends the prescription to the pharmacy improvise medical adherence and makes the easy process to verify insurance.

E-prescription is an automated data entry system, which enables to develop electronic prescription and eliminates writing a prescription on paper.  The e-prescription enables to improvise patient’s safety, as the prescription is checked through the computer. The pharmaceutical companies, pharmacy benefit managers and health plans are benefited by e-prescription and through advanced technologies, the data is directly transferred to the physicians. The technological advancement enables to enhance e-prescription, the handheld devices are integrated with the interface, wireless network technologies that offer advanced approaches to encourage physician adoption of computers. Various companies develop e-prescribing software applications for devices. The e-prescription performed through the ambulatory electronic medical record system while prescribing provides a robust database of patient information.

The e-prescription system develops and maintains patient records and medication history. Pharmacy Benefit Management (PBM) and health plan enables to reduce the incurred cost associated with adverse drugs. The factors contributing towards the growth of the e-prescribing market includes developed healthcare infrastructure, increasing demand for e-prescription and technologically advanced e-prescription. There is a massive increase in the use of mobile computing, or known as personal digital assistance (PDA). The palm pilot device is used to store and record information via a PC or wireless network. The PDA is categorized into handheld and palm-size devices, the PDA connects desktop PC and uses radiofrequency technology through synchronized cable and cradle. The data or stored information can be exchanged through a physician practice local area network.

Geographically, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America dominates the global e-prescribing market, due to advanced infrastructure and high adoption of e-prescription in the region. However, Asia-Pacific shows improved penetration of the e-prescribing technology and increasing health concerns in the region is boosting the market.  There are various companies involved in microarray technology such as Henry Schein Medical Systems, Inc., DrFirst.com, Inc., SureScripts LLC, Allscripts Healthcare LLC, Aprima Medical Software and so on. The companies are focused on developing advanced e-prescription solutions to stay competitive in the market. In February 2018, DrFirst introduced an e-prescribing and medication management solutions, named as iPrescribeSM, which is mobile app enables physicians to prescribe legend drugs and controlled substances while complying with state prescription drug monitoring program (PDMP). The iPrescribe solution optimizes access, manage patients’ medications and used for ambulatory and acute EHRs. Geographical expansion, merger & acquisition, finding a new market or innovate in their core competency in order to expand individual market share is a key strategy adopted by major market players. In March 2018, Cigna Corporation and Express Script Holding company entered into a definitive agreement, the Cigna acquired Express Scripts in cash and stock transaction, which valued approximately $67 billion. The acquisition enables to provide complementary customer-centric services for the customers. Both the companies offer an expanded portfolio of health services and improvise health care services and system for the customers.

Research methodology:

The market study of the global e-prescribing market is incorporated by extensive primary and secondary research conducted by a research team at OMR.  Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary sources include:

• Financial reports of companies involved in the market.
• Authentic Public Databases such as the Centers for Medicare and Medicaid Services (CMS), Institute for Safe Medication Practices (ISMP), World Health Organization (WHO), and others.
• Whitepapers, research-papers and news blogs.
• Company websites and their product catalog.

The report is intended for companies, research organizations, healthcare, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market segmentation:

1. Global E-prescribing Market Research and Analysis by Component
2. Global E-prescribing Market Research and Analysis by Type
3. Global E-prescribing Market Research and Analysis by Offering
4. Global E-prescribing Market Research and Analysis by End-User

The report covers:

• Comprehensive research methodology of the global e-prescribing market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global e-prescribing market.
• Insights about market determinants which are stimulating the global e-prescribing market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.