Product ID: UCMIG35J2052
E-Prescribing Market Size, Share, Growth Analysis, By Product Outlook(Solutions, Integrated Solutions), By End-use Outlook(Hospital, Office-based Physicians) - Industry Forecast 2024-2031
Report ID:
UCMIG35J2052 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
E-Prescribing Market Insights
Market Overview:
The estimated value of the global e-prescribing market in 2022 was USD 2.89 billion, and it is predicted to experience a compound annual growth rate (CAGR) of 26.8% in the forecast period. The growth of the market is expected to be driven by the increasing adoption of electronic prescribing for controlled substances (EPSC) and supportive government policies. The use of electronic prescriptions for all controlled substances under Medicare Part D is required by January 1, 2021, as a result of the SUPPORT for Patients and Communities Act (H.R. 6) passed by Congress in October 2018.
E-Prescribing Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Life Sciences Tools & Services by segment aggregation, the contribution of the Life Sciences Tools & Services in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
E-Prescribing Market Report Snapshots
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