North America Emergency Medical Service (EMS) Billing Software Market is expected to reach US$ 392.08 million by 2028


PRESS RELEASE BY The Insight Partners 12 Apr 2021

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Cloud Deployment Segment to Dominate North America Emergency Medical Service (EMS) Billing Software Market during 2021–2028

 

According to The Insight Partners market research study on “North America Emergency Medical Service (EMS) Billing Software Market Forecast to 2028 – COVID-19 Impact and Regional Analysis –,” the market is expected to reach US$ 392.08 million by 2028 from US$ 212.27 million in 2020. The market is estimated to grow at a CAGR of 8.1% from 2021 to 2028. The report provides trends prevailing in the North America Emergency Medical Service (EMS) billing software market along with the drivers and restraints pertaining to the market growth. Rising need to effectively manage complicated billing process and significant adoption of cloud-based solution is driving the North America market.

 

The EMS billing software market in North America is segmented into US, Canada and Mexico. The constant technological advancements have created a stir in the competitive market across the region, which has been led by continuous investments by tech giants in R&D activities. The healthcare system in the US is unique among innovative industrialized countries in the region. Also, the government spending on healthcare per capita in the US is superior to all other Organization for Economic Co-operation and Development (OECD) countries, except the Netherlands and Norway. Therefore, the growing emphasis on healthcare systems in the region is immensely driving the market growth. The demand for land ambulance services is surging in North America due to rising accident fatalities, increasing incidence of cardiac-related emergencies, and other emergency cases.

 

The EMS billing software market in the Canada it is expected to grow at a CAGR of 7.3% during the forecast period. The increased collection and claim processing time for EMS providers have led to a higher demand for EMS billing software. Moreover, the surge in demand for software deployment, which enables the process to raise customer sales, boosts the growth of the EMS billing software market in Canada. The introduction of software allows EMS agencies, such as Ottawa Paramedic Service and British Columbia Ambulance Service, in Canada, to think about the complicated and time-consuming billing procedures and prioritize patient care. This element is likely to propel the market growth in the country during the forecast period.

 

AngelTrack LLC; AIM EMS Software and Services; Change Healthcare; Digitech Computer LLC; Epic EMS; eso; Isalus Healthcare; Zoll Medical Corporation; MP Cloud Technologies; Imagine; and Trend, Inc. are among the leading companies operating in the North America Emergency Medical Service (EMS) Billing Software market. The companies are focused on adopting organic growth strategies, such as product launches and expansions, to sustain their position in the dynamic market.

 

North America Emergency Medical Service (EMS) Billing Software Market, by Country, 2020 (%)

North America Emergency Medical Service (EMS) Billing Software Market, by Country, 2020 (%)

North America Emergency Medical Service (EMS) Billing Software Market to Grow at a CAGR of 8.1% to reach US$ 392.08 Million from 2020 to 2027

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North America Emergency Medical Service (EMS) Billing Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment (On-Premise, Cloud-Based) and Application (Land Ambulance Service, Air Ambulance Service, Water Ambulance Service)


 

The report segments the North America Emergency Medical Service (EMS) Billing Software market as follows:

 

North America Emergency Medical Service (EMS) Billing Software Market – by Deployment

  • Cloud- Based
  • On-Premise

North America Emergency Medical Service (EMS) Billing Software Market – by Application

  • Land Ambulance Service
  • Air Ambulance Service
  • Water Ambulance Service

North America Emergency Medical Service (EMS) Billing Software Market – by Country

  • US
  • Canada
  • Mexico  
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