E-Prescribing Market Size, Share & Trends Analysis Report By Product, By Delivery Mode, By End-use, By Usage Methods, By Substances, By Specialties, By Region, And Segment Forecasts, 2023 – 2033

 

E-Prescribing Market Size, Share & Trends Analysis Report By Product, By Delivery Mode, By End-use, By Usage Methods, By Substances, By Specialties, By Region, And Segment Forecasts, 2023 – 2033

 

The global E-Prescribing (e-Rx) market was valued at USD 3.06 billion in 2022 and expected to grow at a CAGR of 20.7% during the forecast period.

E-Prescribing (e-Rx) is the electronic transmission of a prescription from a healthcare provider to a pharmacy. E-prescribing systems have replaced the traditional paper-based prescription system, making the prescription process more efficient, accurate, and secure. The process of e-prescribing involves the use of computerized prescribing software that allows healthcare providers to transmit electronic prescriptions directly to a patient’s pharmacy of choice.

E-prescribing systems have a range of benefits over traditional paper-based systems. These benefits include:

Improved patient safety: E-prescribing reduces the risk of errors associated with manual transcription of prescriptions. The system provides real-time access to patient medication history and potential drug interactions, which helps to prevent adverse drug events.

Increased efficiency: E-prescribing eliminates the need for paper-based prescriptions, which can be time-consuming and error-prone. The system allows healthcare providers to quickly and accurately prescribe medications, which can save time and reduce costs associated with errors.

Cost-effective: E-prescribing systems can reduce the cost of prescription processing by reducing the need for manual data entry and paper-based systems.

E-prescribing systems are also integrated with electronic health record (EHR) systems, which allows healthcare providers to access a patient's medical history and other relevant information. E-prescribing is becoming increasingly common in the healthcare industry and is expected to continue to grow as more providers and pharmacies adopt the system.

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