Emergency Department Information System Always Come with Something New in Market

Emergency department information systems are electronic health record systems which are designed specifically to manage data and workflow to support emergency department patient care and operations. The core functions of emergency department information systems are to support the clinical care in the emergency department such as, clinical documentation, patient entry, triage, patient and resource tracking, and others. Emergency department information systems market can be driven by rising demand for data-driven technologies, increasing older population, rising emergency department visits, increasing number of hospitals and rising insurance coverage.

Hospitals are healthcare institutes that provide patient treatment with specialized medical and nursing staff and medical equipment. Hospitals are rising with rising need for advanced and timely treatment. Rising number of hospitals in developed and developing countries are propelling the growth of the emergency department information system market. For instance, according to Indian Brand Equity Foundation, India is home to around 1, 96,312 hospitals. Additionally, according to American Hospital Association, America has around 5,534 registered hospitals. Similarly, according to World Health Organization, Europe had around 2901 hospitals as of 2014.This huge number of hospitals is giving way to growth in the Emergency Department Information System Market.

Segmentation                                                                                                                 

The Global Emergency Department Information System Market is segmented on the basis of component, delivery mode, application, and end user.

On the basis of component, the market is segmented into software, services, and hardware. Furthermore, software is segmented into Best-of-Breed solutions and enterprise solutions

On the basis of delivery mode, the market is segmented into Software-as-a-Service, and on-premise.

On the basis of the application, it is segmented into clinical functionalities, and administrative functionalities.

On the basis of the end users, it is segmented into large hospitals, medium sized hospitals, and small hospitals.

Key Findings

  • The Global Emergency Department Information System Market was USD 410.90 million in 2016
  • Software accounted for the largest segment, by component and is projected to grow at a CAGR of 15.39% during the forecast period from 2017-2023
  • On the basis of delivery mode, Software-as-a-Service accounted for the largest segment, and is expected to grow at a rate of CAGR 15.33% during the forecast period
  • Large hospitals accounted for the major market share with 48% for the global emergency department information system market by end user during the forecast period.

Key Players                                                                                                         

Top key players in this market are Allscripts, Cerner Corporation, Epic Systems, Mckesson Corporation, Healthland, Inc, Evident, EPOWERdoc, Inc, Logibec Canada, T-System Inc, Siemens Healthcare, Medical Information Technology, Inc, Medhost Inc, Unitedhealth Group, Inc, veEDIS Clinical Systems LLC, Wellsoft and others.

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Regional Analysis

The Global Emergency Department Information System Market, on the basis of region, is divided into Americas, Europe, Asia Pacific and the Middle East and Africa. Americas accounted for the largest market share of about 38.6% of the share for the global emergency department information system market in 2016. The larger share is majorly attributed due to the presence of major manufacturers, the high adoption rate for an emergency department information system, and technological advancements. Europe accounted for the second largest market share.

Whereas, Asia Pacific is expected to have a CAGR of 15.71% during the forecast period. With lots of opportunity and continuously growing economies, the region is expected to be the fastest growing region. Factors such as recent healthcare developments, improving economies, increasing number of public and private hospitals, and others influencing the growth of the market. The Middle East and Africa with less economic developments and extremely low income accounted for least market share in 2016 but is expected to grow in the coming future.

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