Envision Report

Published April 5, 2018

Asia-Pacific E-Prescribing Market – Share, Outlook, Trends, Size and Forecasts (2018 – 2024)

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E-Prescription in a technological framework via which medico prescribers or practitioners can prescribe the necessary medicines to patients and pharmacies instead of handwritten or noted prescriptions. Reduction of prescription errors and ensuring patient safety are the major concerns that are being satisfied by this market. Thus, the system helps in encapsulating medical list along with the needed patient’s data. Most common errors occur due to wrong dosage, handwritten illegibility. These errors have raised a serious health conscious concern among patients regarding their health. It can be noted that around 80% of the medical errors are able to get prevented due to the evolution of E-Prescribing Market.

Asia Pacific E-Prescribing Market Segments Size & Growth:

Asia Pacific E-Prescribing Market is expected to grow with a CAGR of XX% and is anticipated to reach $XX Billion by 2024. Various advantages for E-Prescribing system include ensuring patients safety, affordable cost of the system, improved workflow, and other advantages like easy access to patient’s insurance data, reduced therapeutics duplications, prevention of ADEs and others. Factors responsible for the growth of the market include rising demand for E-Prescribing system, growing government initiatives in promoting E-Prescribing System and others. However, E-Prescribing System is facing few cons as, clarification of inaccuracies, issues related to software designing, excess costs which include, transaction fees, start-up fee, and others. Lack of skilled Professionals, lack of awareness regarding growing technology uneven reimbursement, the rise in security issues are considered as serious challenges that are being faced by the market of E-Prescribing System.

Asia Pacific E-Prescribing Market Segments Share:

Various applications in which E-Prescribing system is used include preparation of complete medication list, data security issues, patient chronological data and other. By component, this market is divided into software, hardware, services and others. Among all services, the market is encountered as a fast-growing segment of the market. By delivery mode market is sectored as web-based, on-premise/ licensed, cloud-based, and others. Depending upon the usage mode this market is categorised as hand-held devices, PC-based devices. There are various end-users associated with this market. Few of these include hospitals, pharmacies, clinics, office-based physicians, and others. Hand-held device usage mode and hospitals have the largest market share of E-Prescribing market. The market of Asia Pacific is considered to grow with a highest accelerating CAGR during the forecast period.

Asia Pacific E-Prescribing Market Trends:

  • Previously Imprivata launched a product that can enable a major shift to be electronic prescribing of controlled substances.

Asia Pacific E-Prescribing Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major key players in the Asia Pacific E-Prescribing Market are:

  • Cerner Corporation
  • Medical Information Technology, Inc.
  • Allscripts Healthcare Solutions, Inc.
  • Eclinicalworks
  • Athenahealth, Inc.
  • Relayhealth Corporation
  • Computer Programs and Systems, Inc.

Along with these companies, there were many other companies considered/cited in the report while analysing the Asia Pacific E-Prescribing market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

 

 

 

 

 

 

 

Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2 Porter’s Five Force Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 PESTLE Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1. Drivers

4.1.1 Rising demand for E-Prescribing System.

4.1.2 growing government initiatives in promoting E-Prescribing system

4.2 Restraints

4.2.1 Expensive E-Prescribing Systems

4.2.2 Reduction reimbursement

4.3 Opportunities

4.3.1 optimizing prescription errors

4.4 Challenges

4.4.1 lack of skilled professionals

4.4.2 lack awareness regarding growing technology.

4.4.3 Security issues

Chapter 5 Asia Pacific E-Prescribing Market– By Component

5.1 Software

5.2 Hardware

5.3 Services

5.4 Others

Chapter 6 Asia Pacific E-Prescribing Market– By Delivery Mode

6.1 Web-Based

6.2 On-Premised/Licensed

6.3 Cloud-Based

6.4 Others

Chapter 7 Asia Pacific E-Prescribing Market- By Usage Mode

7.1 Hand-Held Devices

7.2 PC-Based

Chapter 8 Asia Pacific E-Prescribing Market- By End Users

8.1 Hospitals

8.2 Pharmacies

8.3 Clinics

8.4 Office-Based Physicians

8.5 Others

Chapter 9 Asia Pacific E-Prescribing Market- By Geography

9.1 Introduction

9.2 APAC

9.2.1 China

9.2.2 Japan

9.2.3 India

9.2.4 Australia & New Zealand

9.2.5 South Korea

9.2.6 Others

Chapter 10 Asia Pacific E-Prescribing Market- Company Profiles

10.1 Cerner Corporation

10.2 Medical Information Technology, Inc.

10.3 Allscripts Healthcare Solutions, Inc.

10.4 Eclinicalworks

10.5 Athenahealth, Inc.

10.6 Relayhealth Corporation

10.7 Computer Programs and Systems, Inc.

10.8 Henry Schein, Inc.

10.9 Drfirst, Inc.

10.10 Change Healthcare Holdings, Inc.

10.11 Practice Fusion, Inc.

10.12 GE Healthcare

Chapter 11 Asia Pacific E-Prescribing Market- Competitive Landscape

11.1. Market Share Analysis

11.2. Strategies Adopted by top companies

11.3. Mergers, Acquisitions, Collaborations & Agreements

Chapter 12 Market Insights

12.1. Industry Experts Insights

12.2. Analysts Opinions

12.3. Investment Opportunities

Chapter 13 Appendix

13.1 List of Tables

13.2 List of Figures

 

 

 

 

 

 

 

 

 

 

 

 

  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.

 

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