Europe E-prescribing Market Size & Outlook, 2023-2030
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Europe e-prescribing market highlights
- The Europe e-prescribing market generated a revenue of USD 981.0 million in 2023.
- The market is expected to grow at a CAGR of 26.4% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating product in 2023.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 981.0 million |
| Market revenue in 2030 | USD 5,066.2 million |
| Growth rate | 26.4% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Oracle Corp, Allscripts Healthcare, Epic Systems Corporation, Athenahealth, NXGN, McKesson Corp, UnitedHealth Group Inc, DrFirst, Surescripts, Veradigm Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.8% of the global e-prescribing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,136.5 million by 2030.
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E-Prescribing Market Scope
E-Prescribing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Surescripts | View profile | 251-500 | Arlington, Virginia, United States, North America | http://surescripts.com/ |
| DrFirst | View profile | 251-500 | Rockville, Maryland, United States, North America | http://drfirst.com |
| Athenahealth | View profile | 5001-10000 | Watertown, Massachusetts, United States, North America | http://www.athenahealth.com |
| NXGN | View profile | 11-50 | Chicago, Illinois, United States, North America | http://nxgn.io/ |
| Epic Systems Corporation | View profile | 5001-10000 | Verona, Wisconsin, United States, North America | http://www.epic.com/ |
| Allscripts Healthcare | View profile | - | - | |
| UnitedHealth Group Inc | View profile | 440000 | 9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, United States, 55343 | https://www.unitedhealthgroup.com |
| McKesson Corp | View profile | 51000 | 6555 State Highway 161, Irving, TX, United States, 75039 | https://www.mckesson.com |
| Veradigm Inc | View profile | 7869 | 222 Merchandise Mart Plaza, Suite 2024, Chicago, IL, United States, 60654 | https://www.veradigm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Europe e-prescribing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to e-prescribing market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 58.72% in 2023. Horizon Databook has segmented the Europe e-prescribing market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
As a developed region, Europe has high healthcare spending capability, which will boost demand for e-prescription market. This has led to the rise in the number of customers for prescription systems.
Growing geriatric population in Europe, which is prone to various disorders, is leading to increase in patients suffering from memory loss and missed doses along with loss of prescription & refiling of drugs. This is expected to aid further market growth.
Countries like Poland are focused on the e-prescribing system, for instance, in January 2019, the first eprescription system was implemented in Poland. Since then, nearly 190,000 e-prescriptions, over 120,000 were issued in Masovian province. Initiatives like this are intended to digitalize the healthcare system.
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Our clientele includes a mix of e-prescribing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe e-prescribing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe e-prescribing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe e-prescribing market size, by country, 2018-2030 (US$M)
Europe E-Prescribing Market Outlook Share, 2023 & 2030 (US$M)
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