Albany, NY -- (SBWIRE) -- 06/30/2014 -- Electronic prescribing or E-Prescribing system (eRx) is the electronic transmission of prescription related information between prescriber, dispenser and pharmacy benefit manager. E-Prescribing system allows a physician and nurse practitioner to transmit a new prescription electronically when a medication error occurs during pharmacy operations. E-Prescribing system has a wide range of applications. It provides complete medical lists, conducts all security checks and offers complete patient historical data. E-Prescribing market is growing due to various government initiatives have promoted the usage of E-Prescribing system. Furthermore, improved quality of healthcare and reduced prescription errors are supporting the growth of E-Prescribing market. Additionally, advanced features of E-Prescribing system and improved healthcare infrastructure are the key driving factors for the growth of E-Prescribing market.
On the other hand, high cost of E-Prescribing system and lack of patient privacy and security impede the growth of E-Prescribing market. Lack of high-speed broadband facilities and IT professionals in rural areas are also some of the key restraints for the E-Prescribing market.
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The report provides in-depth analysis and estimation of the E-Prescribing market from 2014 to 2019, considering 2013 as the base year for calculation. Additionally, data pertaining to current E-Prescribing market dynamics including market drivers, restraints, trends and recent developments have been provided in the report. The global E-Prescribing market is categorized based on product type, components, delivery mode, usage mode, end users and geography. The product type segmentation is further sub-segmented into integrated and stand-alone system. The component segment comprises software, hardware and services. The delivery mode segmentation is further sub-segmented into web-based, on-premise/licensed and cloud-based. The usage mode segmentation comprises PC-based and hand-held device. The end users segment is further sub-segmented into hospital and office-based physician.
Under geographic analysis, the report identifies and analyses the E-Prescribing market size and forecast for Europe, North America, Asia and Rest of the World (RoW). Major players operating in the E-Prescribing market are Henry Schein, Inc., Cerner Corporation, Allscripts, Emdeon and athenahealth, Inc. These key market players have been profiled based on attributes such as company overview, recent developments, growth strategies, sustainability and financial overview.
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