emergency department information system market trends, emergency department information system market share, emergency department information system market growth, emergency department information system market research report, emergency department information system market size, emergency department information system market drivers
How large is the emergency department information system market, and what is its growth trajectory?
The emergency department information system market size has grown rapidly in recent years. It will grow from $1.08 billion in 2024 to $1.27 billion in 2025 at a compound annual growth rate (CAGR) of 17.4%. The growth in the historic period can be attributed to patient safety initiatives, improved workforce management, efforts to improve patient experience and satisfaction, optimized clinical workflows, and 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 $2.4 billion in 2029 at a compound annual growth rate (CAGR) of 17.1%. The growth in the forecast period can be attributed to patient tracking and monitoring, the need to reduce healthcare costs, the implementation of biometric authentication for secure and efficient access to patient data, the use of VR and AR for training, simulation, and enhanced patient care in emergency settings, Continued development of HIE networks promoting seamless data and rollout of 5G networks enabling faster data transmission and improved connectivity for EDIS. Major trends in the forecast period include increasing use of blockchain technology, rising adoption of IoT devices for continuous patient monitoring and data collection in emergency settings, transition to value-based care models, growing focus on the ethical implications of AI in healthcare, ensuring AI-driven EDIS are used responsibly, integration of remote patient monitoring technologies and promoting advanced EDIS adoption to improve emergency care worldwide.
Get Your Free Sample of The Global Emergency Department Information System Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15797&type=smp
Which major factors have contributed to the expansion of the emergency department information system market?
The increase in number of insured populations is expected to propel the growth of the emergency department information system market going forward. Insured populations refer to groups of individuals who have health insurance coverage, either through private insurance plans, and government programs. The number of insured populations is rising due to increasing awareness, government mandates, and expanded access to healthcare services. Emergency department information systems ensure precise and thorough documentation of patient encounters, which aids in processing insurance claims and reduces the likelihood of billing errors, thereby minimizing out-of-pocket costs for insured patients. For instance, in September 2023, the United States Census Bureau, a US-based government agency, reported that a total of 304.0 million individuals, or 92.1% of the population, had health insurance in 2022, reflecting an increase in both the percentage of insured persons and the total number of insured people from 2021. Therefore, the increase in number of insured populations is driving the growth of the emergency department information system market.
How is the emergency department information system market segmented?
The emergency department information system market covered in this report is segmented –
1) By Software Type: Enterprise Solutions, Best Of Breed (B.O.B.) Solutions
2) 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
Subsegments:
1) By Enterprise Solutions: Integrated Solutions, Standalone Solutions, Best Of Breed (B.O.B.) Solutions
2) By Patient Management Software: Clinical Decision Support Systems, Data Analytics Solutions, Emergency Department Management Solutions
Order your report now for swift delivery
Who are the top competitors in the emergency department information system market?
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
Which key trends are expected to influence the emergency department information system market in the coming years?
Major companies operating in the emergency department information system market are focusing on technological advancements such as generative AI-powered clinical digital assistants to enhance clinical decision-making, improve patient outcomes, and streamline workflows. Generative AI-powered clinical digital assistants refer to multimodal voice and screen-based assistants that participate in appointments using generative AI to automate note taking and propose context-aware next actions. For instance, in September 2023, Oracle Corporation, a US-based technology company launched Oracle Clinical Digital Assistant, providing generative AI services for healthcare organizations, enabling providers to leverage the power of generative AI together with voice commands to reduce manual work and place more focus on patient care. This assistant is integrated with Oracle’s electronic health record (EHR) solutions, making it easy for patients to take self-service actions such as scheduling appointments or checking clinical information at their convenience using simple voice commands.
Which regional trends are influencing the emergency department information system market, and which area dominates the industry?
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.
What Does The Emergency Department Information System Market Report 2025 Offer?
The emergency department information system market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
An emergency department information system (EDIS) refers to a comprehensive, integrated software solution designed to support the operations of hospital emergency departments. It facilitates efficient management of patient information and workflows within the emergency department, improving overall patient care and operational efficiency. The integration features of EDIS enable smooth communication among emergency department personnel and other hospital units, ensuring prompt access to patient information and fostering coordinated care provision.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15797
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
