Global Emergency Department Information System Market Size Forecast 2024 - 2033
17 Dec, 2024
How Is The Global Emergency Department Information System Market Defined?
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.
Emergency Department Information System Global Market Report 2024 provides data on the global emergency department information system market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The emergency department information system market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Projections Exist For The Global Emergency Department Information System Market Size And Annual Growth Rates?
The emergency department information system market has grown significantly, increasing from $0.93 billion in 2023 to $1.08 billion in 2024 at a CAGR of 17.1%. Key drivers include patient safety initiatives, improved workforce management, efforts to enhance patient satisfaction, optimized clinical workflows, and increased healthcare provider training. Forecasted growth is robust, with the market expected to reach $2.05 billion in 2028 at a CAGR of 17.2%, propelled by patient tracking and monitoring needs, healthcare cost reduction efforts, biometric authentication, VR and AR applications in emergency care, and enhanced data connectivity through 5G networks. Emerging trends include blockchain use, IoT integration for continuous patient monitoring, value-based care models, ethical AI use, and advanced EDIS adoption.
Which Key Drivers Are Propelling The Emergency Department Information System Market's Growth?
The rising number of insured individuals is anticipated to support the growth of the emergency department information system market. This population includes people covered by private insurance or government programs, driven by increased awareness, government initiatives, and expanded healthcare access. Emergency department information systems facilitate precise documentation of patient encounters, streamlining insurance claims and reducing billing errors, which minimizes out-of-pocket expenses for insured patients. In September 2023, the United States Census Bureau reported that 92.1% of the population, or 304 million people, had health insurance in 2022, an increase from 2021. This growth in the insured population is propelling the emergency department information system market.
Get Your Free Sample of the Global Emergency Department Information System Market ReportWhat Are The Key Segments Within The Global Emergency Department Information System Market?
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
How Are New Trends Impacting The Size Of The Emergency Department Information System Market?
In the emergency department information system sector, companies are leveraging technological advancements like generative AI-powered clinical digital assistants to enhance decision-making, improve patient outcomes, and streamline healthcare workflows. These assistants use multimodal voice and screen-based interfaces, supported by generative AI, to automate tasks such as note-taking and proposing next steps. For example, in September 2023, Oracle Corporation launched Oracle Clinical Digital Assistant, a tool integrated with Oracle's electronic health records (EHR) systems. It allows patients to perform self-service actions, such as scheduling appointments or accessing clinical information, through simple voice commands, thus reducing administrative burdens on healthcare providers.
Which Region Drives The Highest Growth In The Emergency Department Information System Market?
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.