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ERx (Electronic Prescribing/e-Prescribing) Market By Hardware, Software, Services, End-users (Medical Group Practice & Hospitals), Products (Integrated & Standalone Systems) & Deployment (Licensed, Web-hosted & Cloud) - Global Forecasts To 2017

3.1.2 PRESCRIBER 27

3.1.3 TRANSACTION HUB 28

3.1.4 PHARMACY 28

3.1.5 PHARMACY BENEFIT MANAGER 28

3.2 MARKET SEGMENTATION 29

3.3 MARKET DYNAMICS 30

3.3.1 DRIVERS 30

3.3.1.1 Government initiatives & incentive programs contribute to the growth of e-Prescribing systems across the globe 30

3.3.1.2 The MIPPA e-Prescribing incentive programme launched by Medicare spur the adoption of e-Prescribing systems 30

3.3.1.3 e-Prescribing leads to significant savings for the healthcare industry 31

3.3.1.4 Better quality of healthcare and minimization of errors 32

3.3.2 RESTRAINTS 32

3.3.2.1 Physician's reluctance to adoption of technology 32

3.3.2.2 Poor infrastructure intensifies complications 32

3.3.2.3 Financial constraints due to added costs as compared to traditional prescription systems 33

3.3.3 OPPORTUNITY 33

3.3.3.1 Increased collaboration between software vendors and network providers to offer cost efficient products in the market 33

3.3.4 MARKET SHARE ANALYSIS, BY KEY PLAYERS 34

 

4 BENEFITS & CHALLENGES OF E-PRESCRIBING SYSTEMS 36

 

4.1 BENEFITS OF E-PRESCRIBING 37

4.1.1 IMPROVED PATIENT SAFETY & QUALITY OF CARE 37

4.1.2 REDUCES THE TIME REQUIRED TO COMMUNICATE WITH PHARMACIES 37

4.1.3 AUTOMATED RENEWAL REQUEST & AUTHORIZATION PROCESS 37

4.1.4 CONNECTS WITH THE ENTIRE HEALTHCARE DELIVERY PROCESS 38

4.2 CHALLENGES FOR E-PRESCRIBING 38

4.2.1 COSTS OF IMPLEMENTATION & RETURNS 38

4.2.2 RESISTANCE TO CHANGE 38

4.2.3 HARDWARE & SOFTWARE SELECTION 39

4.2.4 SECURITY & PRIVACY 39

4.2.5 SYSTEM DOWNTIME 39

 

5 GLOBAL E-PRESCRIPTION MARKET, BY PRODUCT TYPE 41

 

5.1 INTRODUCTION 42

5.1.1 STAND-ALONE SYSTEMS 43

5.1.2 INTEGRATED SYSTEMS 48

5.1.3 COST COMPONENTS OF AN E-PRESCRIBING SYSTEM 52

 

6 GLOBAL E-PRESCRIBING MARKET, BY COMPONENT 54

 

6.1 INTRODUCTION 55

6.2 SOFTWARE 56

6.3 HARDWARE 58

6.3.1 ACCESS DEVICES 60

6.3.2 PERIPHERALS 60

6.3.3 SERVERS 60

6.3.4 STORAGE DEVICES 60

6.3.5 NETWORKING DEVICES 61

6.4 SERVICES 61

6.4.1 CONSULTING 61

6.4.2 IMPLEMENTATION SERVICES 62

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