Home > > Global ePrescribing Market Report
The ePrescribing market was valued at $808.5 Million in 2022, and is projected to reach $6,768.1 Million by 2032 growing at a CAGR of 23.75% from 2023 to 2032.ePrescribing, also known as electronic prescribing or computerized prescribing, is the process of electronically transmitting a prescription for a medication from a healthcare provider to a pharmacy. It is a key component of healthcare IT and aims to improve the efficiency and safety of the prescribing process. There are several drivers of the ePrescribing market, including: Government incentives and regulations: Many governments around the world have implemented incentives and regulations to encourage the adoption of ePrescribing systems. For example, in the United States, the Medicare and Medicaid Electronic Health Record (EHR) Incentive Program provides financial incentives to eligible professionals and hospitals that adopt, implement, upgrade, or demonstrate meaningful use of certified EHR technology, including ePrescribing. Increasing healthcare costs: ePrescribing can help reduce healthcare costs by reducing medication errors, improving prescribing accuracy, and reducing the need for phone and fax communication between healthcare providers and pharmacies. Growing demand for patient safety: ePrescribing can help reduce the risk of medication errors, which are a leading cause of preventable adverse events in healthcare. By electronically transmitting prescriptions and accessing patient medication lists and allergy information, ePrescribing can help healthcare providers make more informed prescribing decisions. Technological advances: The development of advanced ePrescribing systems and the increasing availability of electronic health records (EHRs) are driving the adoption of ePrescribing. Some of the top companies in the ePrescribing market include: Allscripts: Allscripts is a provider of EHRs, practice management software, and ePrescribing solutions. Cerner: Cerner is a leading provider of EHRs, including ePrescribing capabilities. Epic: Epic is a provider of EHRs and other healthcare IT solutions, including ePrescribing. Athenahealth: Athenahealth is a provider of cloud-based EHRs and other healthcare IT solutions, including ePrescribing. eClinicalWorks: eClinicalWorks is a provider of EHRs and other healthcare IT solutions, including ePrescribing. In recent years, there has been a trend towards the integration of ePrescribing systems with EHRs, as well as the development of mobile ePrescribing apps that allow healthcare providers to prescribe medications remotely. There has also been a trend towards the adoption of ePrescribing in other countries, as more governments look to improve the efficiency and safety of their healthcare systems.