South Africa E-prescribing Market Size & Outlook
South Africa e-prescribing market, 2018-2030 (US$M)
Related Markets
South Africa e-prescribing market highlights
- The South Africa e-prescribing market generated a revenue of USD 12.7 million in 2023 and is expected to reach USD 54.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 23% 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.
E-prescribing market data book summary
| Market revenue in 2023 | USD 12.7 million |
| Market revenue in 2030 | USD 54.1 million |
| Growth rate | 23% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 0.3% of the global e-prescribing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia e-prescribing market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 21.2 million by 2030.
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E-Prescribing Market Scope
E-Prescribing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 59.06% in 2023. Horizon Databook has segmented the South Africa e-prescribing market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
Electronic Communications and Transactions Act (ECT Act) came into effect in August 2002. The framework of ECT Act provides strict requirements regarding prescription in South Africa.
It is mandatory to provide a copy of prescription through e-mail, fax, or over telephone, followed by the original prescription or order within 7 business days. Growing demand for connected care solutions by healthcare providers is another factor contributing to growth.
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Target buyers of South Africa e-prescribing market databook
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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 country-level data and insights on the South Africa e-prescribing market , including forecasts for subscribers. This country databook contains high-level insights into South Africa e-prescribing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa e-prescribing market size, by product, 2018-2030 (US$M)
South Africa E-Prescribing Market Outlook Share, 2023 & 2030 (US$M)
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