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E-Prescribing Market Will Reach $887.8 Million, Globally in 2019 - Persistence Market Research(ReleaseWire Via Acquire Media NewsEdge) Europe holds largest market share in the global E-Prescribing market. Integrated system is the largest E-Prescribing system and web-based E-Prescribing system is the largest delivery mode. Software is the largest component of the E-Prescribing system.New York, NY -- (ReleaseWire) -- 09/22/2014 -- Persistence Market Research “Global Market Study on E-Prescribing: North America to Witness Highest Growth by 2019,” the global E-Prescribing market was valued at USD 250.2 million in 2013 and is expected to grow at a CAGR of 23.5% from 2013 to 2019, to reach an estimated value of USD 887.8 million in 2019. Browse the full Global Market Study on E-Prescribing: North America to Witness Highest Growth by 2019 report at http://www.persistencemarketresearch.com/market-research/e-prescribing-market.asp Electronic prescribing or E-Prescribing (e-Rx) is electronic transmission of prescriptions from physician to pharmacists using computer and other mobile devices, such as cell phone and tablets. 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. E-Prescribing systems are 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 also supporting in growth of 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. However, high cost of E-Prescribing system and lack of patient privacy and security impede 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 holds the largest share in E-Prescribing market. 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 players 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) Browse the full report at http://www.persistencemarketresearch.com/market-research/e-prescribing-market.asp About Persistence Market Research (PMR) Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values. Contact Addie Thomas 305 Broadway 7th Floor New York City, NY 10007 US US - Canada Toll Free: 800-961-0353 Email: [email protected] Web: http://www.persistencemarketresearch.comFor more information on this press release visit: http://www.releasewire.com/press-releases/e-prescribing-market-will-reach-8878-million-globally-in-2019-persistence-market-research-547574.htmMedia Relations ContactGlen HareMarketing HeadPersistence Market ResearchTelephone: +1-646-568-7751Email: Click to Email Glen HareWeb: http://www.persistencemarketresearch.com/market-research/e-prescribing-market.asp |