The E Prescribing Market To Galvanize Growth Parameters With
InnovationThe E Prescribing Market Share is expected to witness a CAGR of 23.5% between
2021 (reaching US$ 887.8 Million). Vertical integration is the latest trend concerning the
healthcare vertical. As such, drug manufacturers, hospital systems, wholesale distributors,
PBMs (pharmacy benefit managers), medical insurers, and retail pharmacy outlets are into
the formation of exclusive synergies all over the healthcare vertical.
One of the major trends witnessed by the healthcare vertical is that of the key stakeholders
going for service-oriented business models. These “all-in-one” models are bound to
rejuvenate the healthcare vertical on the whole. The E Prescribing Market is on the
replenishment plank and gives insights on the same count.
According to a new market report published by Persistence Market Research “Global
Market Study on E-Prescribing: North America to Witness Highest Growth by 2019,” the
global E-Prescribing market was valued at USD 250.2 million in 2013 and is expected to grow
at a CAGR of 23.5% from 2013 to 2019, to reach an estimated value of USD 887.8 million in
Electronic prescribing or E-Prescribing (e-Rx) is electronic transmission of prescriptions from
physician to pharmacists using computer and other mobile devices, such as cell phone and
tablets. The global E-Prescribing market is witnessing a significant growth led by various
government programs to implement E-Prescribing systems in order to improve quality of
healthcare and reduce medication errors.
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Some of the major players operating in the E-Prescribing market:
Henry Schein, Inc.
Practice Fusion, Inc.
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