Report: Global E-Prescribing Market to Reach Nearly $900M by 2019 | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Report: Global E-Prescribing Market to Reach Nearly $900M by 2019

November 9, 2016
by Rajiv Leventhal
| Reprints

The global e-prescribing market is expected to grow at a compound annual growth rate (CAGR) of 23.5 percent from 2013 to 2019, to reach an estimated value of $888 million in 2019.

The new market report, published by Persistence Market Research “Global Market Study on E-Prescribing: North America to Witness Highest Growth by 2019,” noted that the global e-prescribing market was valued at $250 million in 2013. Indeed, the electronic transmission of prescriptions from physician to pharmacists using computer and other mobile devices, such as cell phone and tablets, has continued to increase throughout healthcare.

In some states, there are e-prescribing mandates, as regulators say that it provides for a safer and more convenient way of ensuring that a prescription reaches a pharmacy, thus reducing medical errors in effect. And, according to this report, the e-prescribing market is witnessing a significant growth led by various government programs to implement e-prescribing systems in order to improve the 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,” the report found.

Additionally, improved healthcare infrastructure has increased the demand for e-prescribing system, according to the report. Moreover, implementation of electronic healthcare records (EHRs) with e-prescribing system holds great potential for the growth of e-prescribing market, the report stated. Nonetheless, the high cost of e-prescribing systems and the lack of patient privacy and security impede growth of the market. Moreover, lack of high-speed broadband facilities and IT professionals in rural areas are also some of the key restraints for the e-prescribing market, according to the report.

While Europe holds the largest share in e-prescribing market, the U.S. was found to be the market’s fastest growing region, globally. Henry Schein, Inc. and Cerner Corporation are the major leading players in the global e-prescribing market, according to the report.

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More



Study will Leverage Connecticut HIE to Help Prevent Suicides

A new study will aim to leverage CTHealthLink, a physician-led health information exchange (HIE) in Connecticut, to help identify the factors leading to suicide and to ultimately help prevent those deaths.

Duke Health First to Achieve HIMSS Stage 7 Rating in Analytics

North Carolina-based Duke Health has become the first U.S. healthcare institution to be awarded the highest honor for analytic capabilities by HIMSS Analytics.

NIH Releases First Dataset from Adolescent Brain Development Study

The National Institutes of Health (NIH) announced the release of the first dataset from the Adolescent Brain Cognitive Development (ABCD) study, which will enable scientists to conduct research on the many factors that influence brain, cognitive, social, and emotional development.

Boston Children's Accelerates Data-Driven Approach to Clinical Research

In an effort to bring a more data-driven approach to clinical research, Boston Children’s Hospital has joined the TriNetX global health research network.

Paper Records, Films Most Common Type of Healthcare Data Breach, Study Finds

Despite the high level of hospital adoption of electronic health records and federal incentives to do so, paper and films were the most frequent location of breached data in hospitals, according to a recent study.

AHA Appoints Senior Advisor for Cybersecurity and Risk

The American Hospital Association (AHA) has announced that John Riggi has joined the association as senior advisor for cybersecurity and risk.