The emergency department information system market size has grown rapidly in recent years. It will grow from $0.93 billion in 2023 to $1.08 billion in 2024 at a compound annual growth rate (CAGR) of 17.1%. The growth in the historic period can be attributed to patient safety initiatives, improved workforce management, efforts to enhance patient experience and satisfaction, optimized clinical workflows, and an increased focus on training and education programs for healthcare providers.
The emergency department information system market size is expected to see rapid growth in the next few years. It will grow to $2.05 billion in 2028 at a compound annual growth rate (CAGR) of 17.2%. The growth in the forecast period can be attributed to several factors, including patient tracking and monitoring, the imperative to reduce healthcare costs, the implementation of biometric authentication for secure access to patient data, and the utilization of virtual reality (VR) and augmented reality (AR) for training, simulation, and improved patient care in emergency settings. Major trends expected in the forecast period include the increasing use of blockchain technology in healthcare, rising adoption of Internet of Things (IoT) devices for continuous patient monitoring and data collection in emergency settings, a transition to value-based care models, a growing focus on the ethical implications of artificial intelligence (AI) in healthcare, and ensuring responsible use of AI-driven EDIS.
The anticipated growth in the number of insured populations is expected to drive the expansion of the emergency department information system market in the coming years. Insured populations encompass individuals who have health insurance coverage, whether through private insurance plans or government programs. This increase in insured populations is attributed to factors such as rising awareness, government mandates, and improved access to healthcare services. Emergency department information systems play a crucial role in ensuring accurate documentation of patient encounters, facilitating insurance claim processing, and reducing the risk of billing errors, thus minimizing out-of-pocket costs for insured patients. For example, in September 2023, the United States Census Bureau reported that 304 million individuals, or 92.1% of the population, had health insurance in 2022, marking an increase in both the percentage and total number of insured persons from 2021. Consequently, the rise in insured populations is fueling the growth of the emergency department information system market.
Leading companies in the emergency department information system market are concentrating on technological advancements, such as generative AI-powered clinical digital assistants, to enhance clinical decision-making, improve patient outcomes, and streamline workflows. These assistants utilize generative AI to automate note-taking and propose context-aware next actions during appointments, enhancing efficiency. For instance, in September 2023, Oracle Corporation launched Oracle Clinical Digital Assistant, offering generative AI services for healthcare organizations. Integrated with Oracle’s electronic health record (EHR) solutions, this assistant allows patients to perform self-service actions such as scheduling appointments or accessing clinical information using simple voice commands, thus reducing manual work and enabling providers to focus more on patient care.
In January 2021, Medsphere Systems Corporation acquired Marketware Inc., enhancing its core healthcare IT solutions and services. Marketware Inc. specializes in developing healthcare software solutions aimed at managing healthcare relationships and analyzing healthcare data, providing valuable tools for hospitals and health systems to address industry challenges.
Major companies operating in the emergency department information system market are McKesson Corporation, Optum Inc., Siemens Healthineers, Philips Healthcare, GE Healthcare, Cerner Corporation, Epic Systems Corporation, Athenahealth Inc., Carestream Health, eClinicalWorks, Allscripts Healthcare Solutions Inc., InterSystems Corporation, NextGen Healthcare, CPSI (Computer Programs and Systems Inc.), Picis Clinical Solutions, Medhost Inc., QuadraMed, Medsphere Systems Corporation, Nextech Systems LLC, The T System Inc., Practice Fusion, Streamline Health Solutions Inc., Greenway Health, Wellsoft Corporation, Medical Information Technology Inc., Agfa HealthCare, Infor Healthcare.
North America was the largest region in the emergency department information system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the emergency department information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the emergency department information system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An emergency department information system (EDIS) is a comprehensive, integrated software solution designed to support hospital emergency department operations. It aids in efficient management of patient information and workflows, enhancing patient care and operational efficiency. EDIS integration features facilitate seamless communication among emergency department personnel and other hospital units, ensuring quick access to patient information and promoting coordinated care.
The main types of emergency department information systems software include enterprise solutions and best of breed (B.O.B.) solutions. Enterprise solutions streamline healthcare operations and data management across departments, fostering collaboration and efficiency. They are deployed as on-premise systems or software-as-a-service (SaaS) for various applications such as computerized physician order entry (CPOE), clinical documentation, patient tracking and triage, and E-prescribing. These solutions cater to different end users, including small, medium-sized, and large hospitals.
The emergency department information system market research report is one of a series of new reports that provides emergency department information system market statistics, including the emergency department information system industry global market size, regional shares, competitors with emergency department information system market share, detailed emergency department information system market segments, market trends, and opportunities, and any further data you may need to thrive in the emergency department information system industry. These emergency department information system market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The emergency department information system market includes revenues earned by entities by providing services such as patient management, electronic health record (EHR) integration, and real-time data tracking. 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.
This product will be delivered within 3-5 business days.
The emergency department information system market size is expected to see rapid growth in the next few years. It will grow to $2.05 billion in 2028 at a compound annual growth rate (CAGR) of 17.2%. The growth in the forecast period can be attributed to several factors, including patient tracking and monitoring, the imperative to reduce healthcare costs, the implementation of biometric authentication for secure access to patient data, and the utilization of virtual reality (VR) and augmented reality (AR) for training, simulation, and improved patient care in emergency settings. Major trends expected in the forecast period include the increasing use of blockchain technology in healthcare, rising adoption of Internet of Things (IoT) devices for continuous patient monitoring and data collection in emergency settings, a transition to value-based care models, a growing focus on the ethical implications of artificial intelligence (AI) in healthcare, and ensuring responsible use of AI-driven EDIS.
The anticipated growth in the number of insured populations is expected to drive the expansion of the emergency department information system market in the coming years. Insured populations encompass individuals who have health insurance coverage, whether through private insurance plans or government programs. This increase in insured populations is attributed to factors such as rising awareness, government mandates, and improved access to healthcare services. Emergency department information systems play a crucial role in ensuring accurate documentation of patient encounters, facilitating insurance claim processing, and reducing the risk of billing errors, thus minimizing out-of-pocket costs for insured patients. For example, in September 2023, the United States Census Bureau reported that 304 million individuals, or 92.1% of the population, had health insurance in 2022, marking an increase in both the percentage and total number of insured persons from 2021. Consequently, the rise in insured populations is fueling the growth of the emergency department information system market.
Leading companies in the emergency department information system market are concentrating on technological advancements, such as generative AI-powered clinical digital assistants, to enhance clinical decision-making, improve patient outcomes, and streamline workflows. These assistants utilize generative AI to automate note-taking and propose context-aware next actions during appointments, enhancing efficiency. For instance, in September 2023, Oracle Corporation launched Oracle Clinical Digital Assistant, offering generative AI services for healthcare organizations. Integrated with Oracle’s electronic health record (EHR) solutions, this assistant allows patients to perform self-service actions such as scheduling appointments or accessing clinical information using simple voice commands, thus reducing manual work and enabling providers to focus more on patient care.
In January 2021, Medsphere Systems Corporation acquired Marketware Inc., enhancing its core healthcare IT solutions and services. Marketware Inc. specializes in developing healthcare software solutions aimed at managing healthcare relationships and analyzing healthcare data, providing valuable tools for hospitals and health systems to address industry challenges.
Major companies operating in the emergency department information system market are McKesson Corporation, Optum Inc., Siemens Healthineers, Philips Healthcare, GE Healthcare, Cerner Corporation, Epic Systems Corporation, Athenahealth Inc., Carestream Health, eClinicalWorks, Allscripts Healthcare Solutions Inc., InterSystems Corporation, NextGen Healthcare, CPSI (Computer Programs and Systems Inc.), Picis Clinical Solutions, Medhost Inc., QuadraMed, Medsphere Systems Corporation, Nextech Systems LLC, The T System Inc., Practice Fusion, Streamline Health Solutions Inc., Greenway Health, Wellsoft Corporation, Medical Information Technology Inc., Agfa HealthCare, Infor Healthcare.
North America was the largest region in the emergency department information system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the emergency department information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the emergency department information system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An emergency department information system (EDIS) is a comprehensive, integrated software solution designed to support hospital emergency department operations. It aids in efficient management of patient information and workflows, enhancing patient care and operational efficiency. EDIS integration features facilitate seamless communication among emergency department personnel and other hospital units, ensuring quick access to patient information and promoting coordinated care.
The main types of emergency department information systems software include enterprise solutions and best of breed (B.O.B.) solutions. Enterprise solutions streamline healthcare operations and data management across departments, fostering collaboration and efficiency. They are deployed as on-premise systems or software-as-a-service (SaaS) for various applications such as computerized physician order entry (CPOE), clinical documentation, patient tracking and triage, and E-prescribing. These solutions cater to different end users, including small, medium-sized, and large hospitals.
The emergency department information system market research report is one of a series of new reports that provides emergency department information system market statistics, including the emergency department information system industry global market size, regional shares, competitors with emergency department information system market share, detailed emergency department information system market segments, market trends, and opportunities, and any further data you may need to thrive in the emergency department information system industry. These emergency department information system market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The emergency department information system market includes revenues earned by entities by providing services such as patient management, electronic health record (EHR) integration, and real-time data tracking. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Emergency Department Information System Market Characteristics3. Emergency Department Information System Market Trends and Strategies32. Global Emergency Department Information System Market Competitive Benchmarking33. Global Emergency Department Information System Market Competitive Dashboard34. Key Mergers and Acquisitions in the Emergency Department Information System Market
4. Emergency Department Information System Market - Macro Economic Scenario
5. Global Emergency Department Information System Market Size and Growth
6. Emergency Department Information System Market Segmentation
7. Emergency Department Information System Market Regional and Country Analysis
8. Asia-Pacific Emergency Department Information System Market
9. China Emergency Department Information System Market
10. India Emergency Department Information System Market
11. Japan Emergency Department Information System Market
12. Australia Emergency Department Information System Market
13. Indonesia Emergency Department Information System Market
14. South Korea Emergency Department Information System Market
15. Western Europe Emergency Department Information System Market
16. UK Emergency Department Information System Market
17. Germany Emergency Department Information System Market
18. France Emergency Department Information System Market
19. Italy Emergency Department Information System Market
20. Spain Emergency Department Information System Market
21. Eastern Europe Emergency Department Information System Market
22. Russia Emergency Department Information System Market
23. North America Emergency Department Information System Market
24. USA Emergency Department Information System Market
25. Canada Emergency Department Information System Market
26. South America Emergency Department Information System Market
27. Brazil Emergency Department Information System Market
28. Middle East Emergency Department Information System Market
29. Africa Emergency Department Information System Market
30. Emergency Department Information System Market Competitive Landscape and Company Profiles
31. Emergency Department Information System Market Other Major and Innovative Companies
35. Emergency Department Information System Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Emergency Department Information System Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on emergency department information system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for emergency department information system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The emergency department information system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Software Type: Enterprise Solutions; Best Of Breed (B.O.B.) Solutions2) By Deployment: On-Premise Emergency Department Information System; Software-As-A-Services (SaaS)
3) By Application: Computerized Physician Order Entry (CPOE); Clinical Documentation; Patient Tracking And Triage; E-Prescribing
4) By End User: Small Hospitals; Medium-Sized Hospitals; Large Hospitals
Key Companies Mentioned: McKesson Corporation; Optum Inc.; Siemens Healthineers; Philips Healthcare; GE Healthcare
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- McKesson Corporation
- Optum Inc.
- Siemens Healthineers
- Philips Healthcare
- GE Healthcare
- Cerner Corporation
- Epic Systems Corporation
- Athenahealth Inc.
- Carestream Health
- eClinicalWorks
- Allscripts Healthcare Solutions Inc.
- InterSystems Corporation
- NextGen Healthcare
- CPSI (Computer Programs and Systems Inc.)
- Picis Clinical Solutions
- Medhost Inc.
- QuadraMed
- Medsphere Systems Corporation
- Nextech Systems LLC
- The T System Inc.
- Practice Fusion
- Streamline Health Solutions Inc.
- Greenway Health
- Wellsoft Corporation
- Medical Information Technology Inc.
- Agfa HealthCare
- Infor Healthcare
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | July 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.08 Billion |
Forecasted Market Value ( USD | $ 2.05 Billion |
Compound Annual Growth Rate | 17.2% |
Regions Covered | Global |
No. of Companies Mentioned | 27 |