Over the projected period, the worldwide e-prescribing market is anticipated to increase as a result of the rising launch of new technologies in service platforms. During the course of the forecast period, the worldwide e-prescribing market is anticipated to increase as a result of more inorganic growth tactics, such as collaboration by leading industry participants. For instance, in May 2021 the wholesaler AmerisourceBergen and the patient support services provider Lash Group announced a partnership between Veradigm, a division of Allscripts Healthcare Solutions and a provider of data and technology solutions, and Lash Group. During the course of the forecast period, the worldwide e-prescribing market is anticipated to grow at a faster rate due to an increase in inorganic growth tactics such market player acquisitions. As an illustration, on February 17, 2022, NextGen Healthcare, Inc., a supplier of cloud-based ambulatory technology solutions, declared a partnership with Verato to include patient matching in the NextGen Health Data Hub (HDH) platform.
According to Coherent Market Insights, The market for E-Prescribing is anticipated to reach US$ 1,655.06 million in 2022 and grow at a CAGR of 18.5% during the following five years (2022-2030).
Major Players in the E-Prescribing Industry:
1. Allscripts Healthcare Solutions, Inc.,
The company was established in 1986 and its main office is Chicago, Illinois. The business offers practise management and electronic health record technologies to hospitals, healthcare organisations, and physician practises. Allscripts was the previous name of the business; Veradigm was adopted in January 2023. Allscripts unveiled a new app expo in March 2022 to display a wider variety of integrated solutions.
2. Athenahealth, Inc.
The company was established in 1997 and its main office is in Watertown, Massachusetts, United States. Health care software is created by Athena health, Inc. The business provides practise management platforms with automated and managed revenue cycle management services. For $17 billion, Bain Capital and Hellman & Friedman purchased the business on February 15, 2022.
3. Change Healthcare Holdings, Inc.
The business was established in 2006 and is situated in Nashville, Tennessee, United States. As a holding company, Change Healthcare conducts business. The Company offers software, analytics, network solutions, and services that support healthcare technology through its subsidiaries. Change Healthcare will be purchased by OptumInsight, a division of UnitedHealth Group, in January 2021 in a deal worth $13 billion.
4. Cerner Corporation
The business was established in 1979 and is situated in Missouri, United States. The business offers hardware, software, and services for health information technology as well as healthcare solutions. Oracle Corporation announced in December 2021 that it has reached a deal to purchase Cerner for about $28.3 billion.
5. DrFirst, Inc.
The business was founded in 1999 and based in Rockville, Maryland. The company creates software for the healthcare industry and provides secure communications platforms, drug management systems, and large health plans with access. DrFirst purchased the secure messaging and care coordination platform Diagnoses in February 2023.
6. GE Healthcare,
The business was founded in 1892 and has its headquarters in Chicago, Illinois, United States. It is a producer and distributor of radiopharmaceuticals for imaging techniques used in medical imaging operations as well as diagnostic imaging agents. To develop software based on AI, GE and Spectronic Medical began working together in 2021. The business stated on November 9, 2021, that it would divide into three investment-grade public entities.
7. Henry Schein, Inc.
The business was established in 1932 and is based in Melville, New York, United States. To enhance clinical outcomes and operational effectiveness, the company offers dental and medical solutions in addition to store goods. In addition to patients, dental labs, government and institutional clinics, medical staff, and care facilities around the world are Henry Schein's main areas of interest. Henry Schein bought dental distributor Condor Dental in July 2022.
8. Practice Fusion, Inc.
The business was established in 2005 and is based in San Francisco, California, United States. The company offers charting, planning, e-prescriptions, invoicing, lab connections, referral cards, and patient personal health data in addition to providing web-based services for doctors.
Definition: E-Prescribing, often known as electronic prescribing, is the practise of prescribing medications via electronic devices. E-prescription devices can be either software or hardware, such as personal computers, touch displays, handhelds, and wireless gadgets.
