Global eRx market to hit $888M by 2019
The global e-prescribing market is expected grow to an estimated $887.8 million by 2019.
According to a market report published by Transparency Market Research "E-Prescribing Market-Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global eRx market was valued at $250.2 million in 2013.
The global eRx market's growth is due, in part, to various goverment programs to implement eRx systems to improve healthcare quality and reduce medication errors. Implementation of EHRs with eRx systems also drives the eRx market. The market faces several challenges, however, including high costs, privacy and security concerns, lack of high-speed broadband facilities and lack of IT professionals in rural areas.
Europe is the largest eRx market but North America is the fastest growing region. Use of eRx in Asia is increasing due to medical infrastructure development and government initiative programs.
Access the complete report here.
Editor Beth earned a bachelor’s degree in journalism and master’s in health communication. She has worked in hospital, academic and publishing settings over the past 20 years. Beth joined TriMed in 2005, as editor of CMIO and Clinical Innovation + Technology. When not covering all things related to health IT, she spends time with her husband and three children.