Pune, India, Nov. 01, 2022 (GLOBE NEWSWIRE) — The global Electronic Prescriptions Market The size is expected to reach $4,017.79 million by the end of 2026, driven by the integration of e-prescription software with electronic medical record (EHR) solutions. E-prescribing or electronic prescribing is a new technological infrastructure that helps medical professionals to write prescriptions and send them directly to the pharmacy.
Key Industry Development:
December 2019 – An independent company specializing in integrated prescription and cost transparency solutions called RxRevu has entered into a collaboration agreement with Cerner Corporation, which provides patient prescription pricing solutions for EHR.
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Report scope:
| report coverage | details |
| forecast period | 2019 to 2026 |
| Forecast period 2019 to 2026 CAGR | 21.0% |
| Value prognosis 2026 | $4,017.79 million |
| base year | 2018 |
| Market size in 2018 | $863.64 million |
| Historical data for | 2015 to 2017 |
| number of pages | 140 |
Driver and restraint systems:
Cost efficiency features to increase the market
The ePrescription software program enables doctors to submit a prescription to pharmacies and clinics without losing the patient’s medical history. This, coupled with the associated benefits, such as quality medical care and improved patient safety, are the key factors fueling the growth of the ePrescriptions market. Also, they are convenient for both the doctor and the patient. They are less expensive compared to the traditional prescription methods. This would increase the growth of the market over the forecast period.
On the other hand, implementing a new e-prescription setup is expensive and also requires high maintenance costs. This could hamper the market growth in the years to come. Nevertheless, the introduction of these therapeutic solutions in emerging markets is expected to generate new…
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