E-Prescribing Market Size

E-Prescribing Market size was valued at USD 2.87 billion in 2024 and is likely to exceed USD 31.59 billion by the end of 2037, expanding at over 20.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of e-prescribing is evaluated at USD 3.33 billion.

The growth of the market can be attributed to the expanding medical infrastructure, as nations are spending a lot of money on healthcare to ensure the well-being of their citizens, especially after the coronavirus pandemic. According to the National Health Profile (NHP), in 2021, the number of hospitals in India increased from 25778 in 2019 to 41245 in 2021. The development of the health infrastructure is expected to increase the healthy manpower, which also triggers the higher production of services and goods to enrich the nation’s economy.  

Global e-prescribing market trends, such as the escalation in the benefits of e-prescription such as improved patient safety, and fewer medication errors caused by lost, illegible, or misplaced written prescriptions, the use of these solutions are bolstering the healthcare industry. For instance, the healthcare industry in 2020 reached approximately USD 2500 billion in the United States. Furthermore, a notable rise in human errors in the healthcare sector and a comprehensive and easy-to-use system required to meet the rising challenges are also projected to hike the growth of the market over the forecast period. For instance, it was observed globally that in every 10 hospitals, 1 of the patients is subject to an error in their medications.