Publication Month: Jan 2023 | Report Code: TIPHC00002188 | No. of Pages: 172 | Category: Healthcare IT | Status: Published
The report offers insights and in-depth analysis of the emergency department information system (EDIS) market with respect to various parameters such as market trends and opportunities, market dynamics, and competitive landscape analysis of leading market players across North America, Europe, Asia-Pacific, South and Central America, and Middle East Africa. It also includes the impact analysis of the COVID-19 pandemic across the regions.
|Market Size Value in||US$ 751.17 Million in 2021|
|Market Size Value by||US$ 1,738.17 Million by 2028|
|Growth rate||CAGR of 13.1% from 2021 to 2028|
|No. of Pages||172|
|No. of Tables||84|
|No. of Charts & Figures||74|
|Historical data available||Yes|
|Segments covered||Type, Application, and End User|
|Free Sample Copy Available|
Emergency medical services (EMS) involve the acute care of patients. The EMS departments manage patients with medical complications, and obstetrical and surgical emergencies. These departments also treat injuries, infections, heart attacks, strokes, asthma, and acute pregnancy complications. Thus, they are primarily focused on attending patients with injuries and emergency illnesses such as stroke and cardiac arrest. EMS department provides services required in natural disasters. The demand for emergency care services in healthcare settings is rising due to the growing incidence of cardiac arrests and accidents. According to the European Resuscitation Council, the incidence of cardiac arrest is ~67–170 per 100,000 individuals in Europe. As per the estimates given by stroke.org.uk, the burden of stroke in Europe is expected to grow remarkably in the coming years. The projections in the report indicate that the total number of stroke events in the European Union will grow from 613,148 in 2015 to 819,771 by 2035, which will be a 34% increase.
Get more information on this report :
According to the Centers for Disease Control and Prevention(CDC), ~136 million patients visit emergency rooms (ERs) in the US per year, and ~30% of these visits are due to injuries. These figures indicate that the flow of patients at emergency departments is rising. Therefore, the increasing burden on emergency medical service providers has compelled them to implement emergency department information systems as an effective strategy to perform optimally under pressure.
Due to the COVID-19 pandemic, the demand for emergency department information systems has slumped. The emergency department information system (EDIS) market in Asia-Pacific is anticipated to grow at the fastest rate during the forecast period. China and India are major contributors to the market growth owing to a few factors such as the rising adoption of emergency department information systems and the surging patient flow at emergency departments.
Based on type, the emergency department information system (EDIS) market is bifurcated into enterprise solutions and best-of-breed solutions. In 2021, the best-of-breed solutions segment held a larger share of the market. However, the enterprise solutions segment is estimated to register a higher CAGR of 13.2% in the market during the forecast period.
Get more information on this report :
Based on application, the emergency department information system (EDIS) market is segmented into patient tracking, e-prescribing, clinical documentation, order entry (CPOE), and others. In 2021, the order entry (CPOE) segment held the largest share of the market. However, the e-prescribing segment is estimated to register the highest CAGR of 13.9% during the forecast period.
Inorganic strategies, such as mergers and acquisitions, are commonly adopted by companies to cater to changing customer demands and maintain their brand names across the world. Players operating in the emergency department information system (EDIS) market also adopt organic strategies, such as product launch and expansion, to outstretch their footprint and product portfolio worldwide and meet the growing demand.