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This “European Electronic Prescription Market-Industry Prospects and Forecast 2021-2026” Report has been added to ResearchAndMarkets.com provide.
The European e-prescription market will exceed US$1 billion, growing at a compound annual growth rate of approximately 23% during the forecast period.
Telemedicine services are the second largest eHealth trend in Europe after patient electronic health records. One of the important factors driving the growth of the industry is the increasing awareness and acceptance of remote monitoring solutions, as well as the increasing technological advancement. For example, in March 2020, Germany conducted more than 19,500 telephone consultations.
In Norway, the proportion of e-consulting is close to 60%. France is a successful example of the adoption of telemedicine, and has had successful telemedicine legislation for nearly a decade. Artificial intelligence will change the digital prescription technology market in Europe.
Developed big data analysis and machine learning algorithms for analyzing large-scale EMR data to understand how prescribers automatically treat patients in real situations. For example, artificial intelligence helps prevent drug overdose by using medication history to predict the possibility of opioid overdose in advance, thereby increasing the efforts of clinicians to detect such life-threatening risks.
European e-prescription market segmentation
By 2020, the standard market segment will account for more than 94% of the European e-prescription market. The standard electronic prescription system is a powerful technology that facilitates interactive data transactions. These transactions in the standard software allow the prescriber to view the patient’s complete drug list. Electronic prescription improves the efficiency and effectiveness of patient care through automatic clinical decision support and complete drug file tracking. Such tools can reduce the risk of patients using drugs by automatically identifying drugs.
Cloud-based and Web-based systems are preferred to local systems because it does not require a complicated installation process to build a strong infrastructure for carrying data. One of the main reasons for the high adoption of Web-based solutions is that it can be done over the Internet without IT support and minimize additional costs. Cloud services enable you to access healthcare data from different locations and across multiple devices. It can access and process EHR, collect data and visualize diagnostic images in various resolutions.
Integrated electronic prescription solutions are in great demand and occupy a significant share of more than 88% in the modal market segment. Integrated solutions can improve patient safety and communicate with providers. It provides patient-centric real-time records that are instant, secure, and can only be accessed by users of authorized medical institutions, and provide a broad view of the care received by the patient. Suppliers are increasingly concerned about integrating EHR into their e-prescription solutions. Emerging players are providing integrated services, which contributes to its wider acceptance.
Cardiovascular drugs are the most commonly used electronic prescription drugs, mainly due to the increased prevalence of cardiovascular diseases. In Europe, these are still the main causes of death and also an important cause of disease, causing 45% of deaths in Europe and 37% of deaths in the European Union. The types of drugs include cardiovascular, anti-infection, oncology, pain management, behavior and mental health.
With the increase in the burden of various diseases, the consumption of drugs has increased sharply. Electronic prescription has become an effective solution to control overuse of drugs and prevent adverse drug events related to overdose. By restricting drug prescriptions and monitoring their use at the same time, it has been successfully demonstrated that it can reduce such adverse events.
In clinical medicine as well as biomedical research and drug discovery, interest in digital health and related technologies is growing rapidly. Suppliers customize their telemedicine services by including e-prescriptions. Electronic prescriptions integrated with advanced telemedicine solutions can be used for routine examinations or prescription supplements. Some telemedicine services have been integrated with EHR to allow electronic prescriptions.
Market dynamics
Overview
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Functions of an ideal electronic prescription system
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Electronic prescription system standard
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The state of electronic prescriptions in Europe
Market opportunities and trends
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Increasing adoption of telemedicine services in Europe
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AI eliminates prescription errors
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Regulate cross-border healthcare through the new European e-prescription paradigm
Market growth driver
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Reduce handwritten prescriptions and errors
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Favorable procedures for high EHR penetration
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Initiatives to adopt electronic prescriptions in Europe
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Health care payers that influence e-prescription decisions
Market constraints
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Questions about security and data breaches
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Lack of standardization and insufficient training for clinicians
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Incompatible software systems and complex technologies
Main supplier
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Surescripts
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Henry Schein
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Aegis Medical
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Crono
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Cincinnati
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CarePaths
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E-clinical works
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CGI
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Change healthcare
Other well-known suppliers
Key topics covered:
1 Research methodology
2 Research purpose
3 Research process
4 Scope and coverage
5 report assumptions and warnings
6 market overview
7 Introduction
8 Market Opportunities and Trends
9 market growth drivers
10 market constraints
11 Market structure
12 kinds
13 delivery method
14 modes
15 drugs
16 end users
For more information about this report, please visit https://www.researchandmarkets.com/r/gt69pz
View the source code version on businesswire.com: https://www.businesswire.com/news/home/20210525005529/zh/
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