GITNUX MARKETDATA REPORT 2024

Prescription Processing Time Statistics

The average prescription processing time is 30 minutes.

In this post, we explore a variety of statistics related to prescription processing in pharmacies, shedding light on the trends, technologies, and impacts on healthcare efficiency. From the average processing times to the prevalence of electronic prescribing software and the financial implications of the prescription drug market, these statistics offer valuable insights into the evolving landscape of pharmaceutical services.

Statistic 1

"On average, the prescription processing time in a pharmacy is 5-15mins"

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Statistic 2

"About 88% of community pharmacies are using e-prescription."

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Statistic 3

"A study found that pharmacies using electronic prescribing software, reduced prescription medication errors by 50%"

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Statistic 4

"In 2020, the average time to fill a prescription in retail pharmacies in the USA was 45 minutes."

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Statistic 5

"A 2015 study found that the median patient wait time for prescription drugs was just under 13 minutes."

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Statistic 6

"An average retail pharmacy fills 19,000 prescriptions annually."

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Statistic 7

"In 2018, 25.8% of retail prescriptions in Canada were processed electronically."

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Statistic 8

"The U.S spends nearly $500 billion on prescription drugs every year."

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Statistic 9

"Pharmacies using e-prescribing software have a 70% reduction in prescription processing time."

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Statistic 10

"Nearly 75% of all physicians are using e-prescribing software."

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Statistic 11

"In the U.S, more than 90% of pharmacies are capable of receiving e-prescriptions."

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Statistic 12

"About 85% of all prescriptions in the U.S. were transmitted electronically in 2019."

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Statistic 13

"The global e-prescription market is projected to reach USD 3.3 billion by 2027."

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Statistic 14

"Nearly 80% of the U.S population lives within 5 miles of a community pharmacy."

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Statistic 15

"Around 92% of the U.S population has a pharmacy within 5 miles radius."

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Statistic 16

"The average time spent by a pharmacist on each prescription is 6.3 minutes."

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Statistic 17

"In Australia during 2017, around 78% of GPs sent prescriptions electronically to pharmacies."

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Statistic 18

"In Sweden during 2020, almost 95% of all prescriptions are e-prescriptions."

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Statistic 19

"On average, people above the age of 65 receive more than 20 prescriptions per year."

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Statistic 20

"In 2019, the U.S. had over 60,000 pharmacies."

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In conclusion, the statistics presented highlight the significant impact of electronic prescribing software on prescription processing time and medication error reduction in pharmacies. The widespread adoption of e-prescription systems among pharmacies and physicians has notably improved efficiency and accuracy in the healthcare system. Additionally, the projected growth of the global e-prescription market signifies a continuing shift towards digital healthcare solutions. These data points emphasize the importance of leveraging technology to optimize prescription processing and ultimately enhance patient care outcomes.

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