Global Electronic Prescription Software Market Size, Share & Trends Report, by Type (Integrated System and Stand Alone systems), by Application (Hospitals, and Office-Based Physicians) Forecast (2022-2028).

The global electronic prescription software market is anticipated to grow at a considerable CAGR during the forecast period. The increasing adoption of electronic health records EHRs is anticipated to drive the growth of the market. According to NCBI, electronic medical record refers to an incorporation of several informational tools such as electronic prescription, decision support systems, and others that improve clinical decision making. Several features that are associated with electronic prescriptions are anticipated to drive the growth of the market. As per National Center for Biotechnology (NCBI), Electronic prescription allows prescribers to electronically send patients’ prescriptions to pharmacy companies. This process has reduced the paper prescription and medication errors and has resulted in fewer callbacks from pharmacies to physicians for clarification. For instance, in the US approximately 2000,000 mortalities occur annually from preventable medical mistakes and hospital infections. Thus, the adoption of electronic prescriptions is anticipated to reduce medication errors while improving patient satisfaction and compliance, further fueling the demand for the global electronic prescription software market.

Looking toward the demand for electronic prescriptions, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in January 2022, Hyphens Pharma had launched its HAS-approved E-Pharmacy in Singapore. The e-Pharmacy sends traceable digital scripts directly from clinics to patients while protecting the patient data by placing cybersecurity measures. Thus, such launches are anticipated to drive the growth of the global electronic prescription software market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Cerner Corp., Allscripts Healthcare Solutions Inc., and Practice Fusion Inc. (Allscripts), among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Electronic Prescription Software Market Report by Segment

By Type

Integrated system

Stand Alone systems

By Application

• Hospitals
• Office-Based Physicians

Global Electronic Prescription Software Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa