Global Market Study on E-Prescribing - Europe is the largest market for
E-Prescribing system followed by North America and Asia, 2019
Persistence Market Research
E-Prescribing Market may hit $887.8 million,
Globally in 2019 - Persistence Market
Research
Persistence Market Research
1
Global Market Study on E-Prescribing - Europe is the largest market for
E-Prescribing system followed by North America and Asia, 2019
Persistence Market Research Released New Market Report “Global Market Study on EPrescribing: North America to Witness Highest Growth by 2019,” the global EPrescribing 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.
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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 EPrescribing 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...