Global E-Prescribing Market to Reach US$887.8 mn by 2019 due to Increasing Initiatives Taken by Governments Globally
A new Transparency Market Research report states that the global e-prescribing market stood at US$250.2 mn in 2013 and is expected to reach US$887.8 mn by 2019, rising at a whopping 23.50% CAGR between 2013 and 2019. The title of the report is “E-prescribing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.� Browse the full E-Prescribing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/eprescribing-market.html E-prescribing or electronic prescribing is a process involving the electronic generation and sending of prescription orders for the convenience of medical practitioners or physicians, allowing them to transmit prescriptions directly from the point of care to a pharmacy. E-prescribing enhances the safety of patients and the quality of care, since there is no manual writing involved and thus there is less probability of prescription errors. In addition, e-prescribing also helps conduct security checks, encapsulate medical lists, and compile the complete historical data of a patient. As per the report, the increasing initiatives taken by governments globally and the enhanced quality of healthcare are amongst the key factors boosting the e-prescribing market. In addition, the reduction in prescription errors will also drive the adoption of this technology, hence propelling the development of the market. Download Exclusive Brochure of This Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=929 Furthermore, e-prescribing systems are being introduced with advanced features, stimulating the growth of the market. The integration of e-prescribing systems with electronic health records is a chief opportunity in the market. On the other hand, the soaring costs of e-prescribing systems and the risk of insufficient patient security and privacy are the factors that may inhibit the growth of the market. In addition, the absence of IT professionals and lack of high-speed broadband facilities within remote areas may also create a negative impact on the development of the market for eprescribing. On the basis of product type, the report segments the market into stand-alone systems and integrated