Hospital Emergency Department Market Report 2025

The hospital emergency department market size has grown strongly in recent years. It will grow from $144.51 billion in 2024 to $152.16 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to population growth and aging, increased urbanization, public health concerns and epidemics, healthcare policy changes, increasing patient awareness.

The hospital emergency department market size is expected to see strong growth in the next few years. It will grow to $189.66 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to population health management, increasing prevalence of chronic diseases, expansion of emergency medical services (ems), integration of artificial intelligence (ai), global health threat preparedness. Major trends in the forecast period include public-private partnerships, technological innovations in telemedicine, advancements in medical technology, emergency department design innovations, utilization of wearable health technologies.

The increasing frequency of visits to hospital emergency departments is projected to drive the growth of the hospital emergency department market in the future. An emergency department (ED) is a specialized medical facility that provides emergency medicine and delivers immediate outpatient services to patients requiring urgent care. The growing number of individuals seeking emergency medical assistance fuels the need for enhanced facilities, resources, and services in hospital emergency departments. For example, in February 2024, the Canadian Institute for Health Information, a non-profit organization based in Canada, reported that Canada experienced 2.96 million acute inpatient hospitalizations in 2022-2023, up from 2.88 million visits in 2021-2022. Thus, the rising prevalence of emergency department visits is contributing to the expansion of the hospital emergency department market.

The escalating aging population is expected to drive the growth of the hospital emergency department market in the future. The term 'aging population' refers to a demographic trend characterized by a growing proportion of elderly individuals within a society or population. The aging population utilizes hospital emergency departments for immediate and specialized medical care, addressing acute health issues, managing chronic conditions, and seeking prompt intervention for age-related health challenges. For instance, in October 2022, according to the World Health Organization (WHO), a Switzerland-based intergovernmental organization, the world's population of people aged 60 years and older is growing rapidly, and it is expected to double by 2050, reaching 2.1 billion. Therefore, the rising aging population is propelling the growth of the hospital emergency department market.

Key players in the hospital emergency department market are concentrating on innovations such as 24/7 availability to effectively manage a wide range of emergencies. This round-the-clock accessibility means that services are operational and ready to assist patients at any time, day or night. For example, in June 2024, TriLife Hospital, a healthcare facility based in India, inaugurated a comprehensive emergency department designed to meet the growing demand for emergency care. Located in Bengaluru, this new facility offers 24/7 services for various medical, surgical, and traumatic emergencies. It is equipped with advanced medical technologies, including an operating theater and imaging machines, to ensure thorough patient care. Additionally, the innovative One Patient, One Attender, One Bill model enhances patient experiences by providing a dedicated medical expert for each case. With a team of over 100 trained professionals, the hospital is well-prepared to respond efficiently to diverse emergencies.

Major companies operating in the hospital emergency department market are focusing on developing innovative products, including communication tools, to enhance the experience of patients visiting the emergency department. A communication tool is a resource or system designed to facilitate clear and effective communication. For instance, in January 2023, Owensboro Health Regional Hospital (OHRH), a US-based hospital, launched the ERAdvisor communication tool, a mobile platform providing real-time information on wait times, lab and imaging results, and facilitating secure sharing with family and friends. The tool aims to improve patient satisfaction and understanding of the emergency process, ultimately contributing to better patient care.

In October 2022, Beckman Coulter Diagnostics, a US-based company engaged in developing, manufacturing, and marketing biomedical testing products, acquired StoCastic, LLC for an undisclosed amount. This acquisition marks a significant milestone for Beckman Coulter as it advances its strategy to develop a comprehensive portfolio of Clinical Decision Support (CDS) solutions. StoCastic LLC, a US-based company specializing in artificial intelligence, provides evidence-based decision support for hospital emergency departments (ED).

Major companies operating in the hospital emergency department market include Massachusetts General Hospital, Mayo Clinic Hospital, NYC Health Hospitals, University of Michigan Health - Ann Arbor, Cedars-Sinai Medical Center, Barnes-Jewish Hospital, New York-Presbyterian Hospital, Ronald Reagan UCLA Medical Center, Charles River, Texas Health Resources, Baystate Medical Center, QIAGEN, Hartford Hospital, Parkland Health, Lakeland Regional Health, Sharp Grossmont Hospital, St. Joseph’s Health, Butler Memorial Hospital, USA Health, Natchitoches Regional Medical Center, Schoolcraft Memorial Hospital, Brigham and Women's Hospital, Grady Memorial Hospital, Baptist Health South Florida, Montefiore Medical Center, Lac+Usc Medical Center.

North America was the largest region in the hospital emergency department market in 2024. The regions covered in the hospital emergency department market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hospital emergency department market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A hospital's emergency department (ED) is a critical facility that delivers around-the-clock emergency care to patients in need of immediate medical assistance. It is imperative for hospitals and medical facilities to offer top-notch medical or surgical services to individuals requiring urgent attention.

Connectivity within the hospital emergency department primarily falls into two categories wired and wireless. Wired connectivity involves the use of physical cables or wires to establish connections between devices or networks. This method encompasses the transmission of data or signals through tangible mediums such as copper wires, fiber optic cables, or coaxial cables. Wired connectivity is instrumental in hospitals' emergency departments, ensuring efficient and dependable communication and data transfer within the healthcare environment. The hospital emergency department is equipped to handle diverse medical conditions, including cardiac, neurologic, traumatic, gastrointestinal, infectious, psychiatric, among others. Applications of hospital emergency departments encompass remote medicine management, medical assistance, medical-connected imaging, electronic health records, clinical workflow, and more, catering to the needs of hospitals, ambulatory surgical centers (ASCs), and similar healthcare entities.

The hospital emergency department market research report is one of a series of new reports that provides hospital emergency department market statistics, including the hospital emergency department industry's global market size, regional shares, competitors with a hospital emergency department market share, detailed hospital emergency department market segments, market trends, and opportunities, and any further data you may need to thrive in the hospital emergency department industry. This hospital emergency department market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The hospital emergency department market includes revenues earned by immediate medical care, triage, acute treatment, complex investigation and diagnostic services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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