Emergency Department Information System Companies | Forecast by 2033


07 Aug 2024

Share : linkedin twitter facebook

The global emergency department information system market was evaluated at USD 994.55 million in 2023 and is anticipated to be worth around USD 6,387.02 million by 2033, growing at a CAGR of 14% during the forecast period. The increasing use of data-driven technologies contributed to driving the growth of the market.

Emergency Department Information System Market Statistics

 

The Full Study is Readily Available | Download the Sample Pages of this Report@ https://www.precedenceresearch.com/sample/3661

Market Overview

The emergency department information system market deals with computer systems that are used by emergency response departments to support various aspects of ED workflow and track emergency department patients. In order to guarantee the safe availability of correct healthcare information, these systems are often employed to simplify the delivery of patient care, comply with applicable privacy and security rules, and conform to pertinent data interoperability standards.

The market is anticipated to increase as a result of growing patient-centric approaches and rising technological use in healthcare settings. The market for emergency department information systems is expected to grow at an accelerated rate during the forecast period due to factors such as the growing use of these systems, the expansion of health insurance coverage worldwide, and an increase in the number of patients visiting emergency rooms.

  • The integration of advanced technologies such as data-driven solutions and artificial intelligence to fuel market growth.
  • The growing geriatric population worldwide is expected to enhance the emergency department information system's growth.
  • The increasing number of hospitals that provide timely and advanced treatment is driving the growth of the emergency department information system industry.

Productivity and efficiency improvements, enhanced quality of care, patient safety, and satisfaction to fuel the market growth

There are increased efficiencies in patient throughput and clinician productivity through automated processes. Many hospitals see reductions in length of stay, triage times, elopements, and waiting times by utilizing different components of emergency department information systems. Furthermore, hospitals lacking information systems for the emergency room typically have higher wait times, which negatively affects patient satisfaction and health outcomes.

However, patient outcomes, happiness, and treatment typically increase with an EDIS in place when reliable information is made available, and workflow is streamlined to assist clinicians in making choices more efficiently. In addition, for order entry, paperwork, ePrescribing, discharge instructions, etc. Reduced clinician turnover time at the conclusion of the shift may also result in lower overtime compensation. The market for information systems for emergency departments is anticipated to increase as a result of these factors.

However, a lack of workflow support, poor display, congestion, and reduced efficiency of the EDIS emergency department may restrain the growth of the market. The emergency department information system is still not widely adopted and applied in various hospitals. In addition, interoperability concerns and compatibility issues may create challenges deterring healthcare providers and efficient exchange of critical patient data from readily embracing EDIS solutions. These restraining factors may hinder the growth and demand for the emergency department information system market.

Emergency Department Information System Market Top Companies

  • Infor
  • TriTech Software Systems
  • Athenahealth, Inc.
  • Optum (UnitedHealth Group)
  • EDM Systems
  • Softek Illuminate
  • Wellsoft Corporation
  • EPOWERdoc
  • T-System, Inc.
  • Philips Healthcare
  • Siemens Healthineers AG
  • Allscripts Healthcare Solutions, Inc.
  • Epic Systems Corporation
  • Cerner Corporation
  • McKesson Corporation

Recent Innovation in the Emergency Department Information System Market by Orion Health

  • In September 2023, Orion Health was pleased to announce the launch of new digital front door services. These services are already being used by 15 million people and will soon increase in number in Ontario. The aim behind this launch was to streamline tasks and care for overburdened healthcare workers and reduce reliance on emergency departments.

Recent Innovation in the Emergency Department Information System Market by Frisco Fire

  • In March 2024, the Frisco Fire Department announced the launch of the prototype version of the interoperable and new fire information and analytics platform in the United States. This advanced platform is known as the National Emergency Response Information System.

Regional Insights

Asia Pacific is expected to grow fastest during the forecast period. The growing awareness of advanced healthcare technologies, increasing investments in healthcare infrastructure, and escalating healthcare demands are estimated to drive the growth of the market in the region. In addition, the growing population and rising prevalence of chronic diseases enhance the demand for efficient emergency department information solutions. Furthermore, increasing collaborations with major market players, increasing adoption of digital health, and increasing favorable government initiatives further contributed to propelling the market growth in the region. China, India, Japan, and South Korea are the major countries in the region.

Many emergency departments are rapidly increasing in Chinese hospitals. Rapid technological and economic advancements have resulted in epidemiological and demographic changes in China, such as diabetes, cancer, stroke, and artery disease. These changes in the rising influx of foreign nationals and indigenous populations have highlighted the demand for improvements in emergency healthcare. In China, there is a continuous need to develop a responsive and well-designed emergency medical system. These are the factors of EDIS in China that are expected to drive the growth of the market in the Asia Pacific region.

North America dominated the emergency department information system market in 2023. The increasing level of awareness regarding the benefits of EDIS adoption, growing technological advancements, and increasing robust healthcare infrastructure are anticipated to drive the growth of the market. In addition, well-developed healthcare systems prioritize patient care and efficiency, enhancing the demand for the market. The U.S. and Canada are the leading countries in the region. North America held a significant position in the market due to the increasing prevalence of chronic diseases and the increasing presence of a large number of market players, which would further contribute to the growth of the emergency department information system market in North America.

Market Potential and Growth Opportunity

Machine learning in emergency department information system

The utilization of machine learning technologies has the potential to enhance the identification of disease prediction within the EDIS, ultimately resulting in decreased healthcare costs, reduced side effects, and improved patient outcomes.

An increase in the number of patients admitted to the emergency department information system would lead to decreased efficiency of medical staff and longer waiting times. Thus, the employment of machine learning and artificial intelligence approaches in the EDIS may lead to faster patient discharge, enhanced resource allocation, and improved administration. These opportunities are expected to boost the growth of the emergency department information system market in the next years.

Emergency Department Information System Market Highlights

Report Attribute Key Statistics
Market Revenue in 2024 USD 1,133.79 Million
Market Revenue by 2033 USD 6,387.02 Million
CAGR 14%
Quantitative Units Revenue in USD million/billion, Volume in units
Largest Market North America
Base Year 2023
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Emergency Department Information System Market News

  • In November 2023, Labrador and Newfoundland Health Services launched a new virtual care solution. The aim behind this launch was to increase access to health care for rural areas and people who do not have a primary care supplier. This virtual care service included a virtual emergency room and seven days per week to emergency departments in select rural healthcare facilities.
  • In January 2023, Medically Home launched an outstanding program to bring emergency department-level care to patients at home. The aim behind this launch was for patients with complex or serious illnesses. This program made it possible to easily expand and bring hospital-level care to patients and other high-quality use cases, such as emergency-level care for patients.

Market Segmentation

By Software Type

  • Enterprise Solutions
  • Best of Breed (B.O.B.) Solutions

By Application

  • Computerized Physician Order Entry (CPOE)
  • Clinical Documentation
  • Patient Tracking & Triage
  • E-Prescribing
  • Others

By Deployment

  • On-Premises
  • Software-As-A-Services (SaaS)

Buy this Research Report@ https://www.precedenceresearch.com/checkout/3661

You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 650 460 3308

Related Reports