Market Highlights: Prescription writing software is an online-based Patient and Prescription Management System that is extremely beneficial to physicians. Prescription Writing Software is a program that allows patients or end-users to electronically transmit prescriptions to pharmacies of their choice. The major purpose of this software model in an EHR or HIT system is to ensure that complete, accurate, and unambiguous prescription orders are transmitted and received efficiently, allowing pharmacy processing and fulfillment to run smoothly, avoiding workflow disruptions and delays in inpatient care. The market study is being classified by Type (Cloud-Based and On-Premise), by Application (Large Enterprises and Small and Medium-sized Enterprises (SMEs)) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Prescription Writing Software are AdvancedMD (South Jordan), DrChrono (United States), Athenahealth (India), Kareo (United States), Greenway Health LLC (United States), AllegianceMD Software Inc (United States), Valant Inc (United States), Medsphere Systems Corporation (ChartLogic) (United States), MPN Software Systems Inc (United States) and NextGen Healthcare LLC (United States).
In April 2020, Drchorono (US) has partnered with ID.me (US) to make it easier for users of the company's e-prescribe software to verify their identities. Clinicians should be able to prescribe medications faster result. and In 2020, NextGen Healthcare (US) and Optimize Rx (US) have announced a partnership to provide real-time access to vital financial information, allowing doctors to assist patients in selecting suitable prescription plans based on their insurance coverage and budgets. The company's workflow has been integrated with this tool.
Key Questions Answered in the Report What will the Prescription Writing Software Market size and the growth rate be in Future? What are the key factors driving the Prescription Writing Software Market? What are the key market trends and macro-economic impacting the growth of the Prescription Writing Software Market? What are the challenges to market growth? Who are the key vendors in the Prescription Writing Software Market? What are the market opportunities and threats faced by the vendors in the Prescription Writing Software Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Prescription Writing Software Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Prescription Writing Software market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Prescription Writing Software market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Prescription Writing Software developers, Research institutes, and consultancy firms, Regulating authorities, and policymakers and Government bodies and industry associates. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.