Argentina and Global Emergency Department Information System (EDIS) Market Analysis Report & Growth Outlook 2028
Analyst Perspective:
The emergency department information system (EDIS) market in the Argentina is projected to grow from US$ XX million in 2021 to US$ XX million by 2028; it is expected to grow at a CAGR of 10.3% during the forecast period.
Argentina has been praised for the high quality of healthcare it provides, with a higher than South and Central American average investment of 11.5% of GDP on healthcare and strong health results. Despite this, the country is frequently regarded as a laggard in terms of healthcare digitalization. Building on previous digital health policy efforts dating back to 2010, Argentina has drastically narrowed its focus, resulting in today's worldwide vision for a comprehensive national e-Health agenda that prioritizes the patient. The 'National Health Strategy 2022,' which was signed into law in mid-2019, calls for the strengthening of governance, security, and interoperability, as well as the rapid roll-out of digital health applications, among other non-digital initiatives. It intends to encourage innovation in digital care delivery, particularly telemedicine, and is backed by a programme to improve the country's hospital network's digital preparedness. These factors are anticipated to flourish the emergency department information system (EDIS) market in Argentina during the forecast period.
Moreover, the spurring number of geriatric populations coupled with the rising incidence of heart attacks will surge the demand for emergency department information system (EDIS) in Argentina. Argentina geriatric population aged 65 years and above was 20.8% in 2020. In Argentina, the main cause of death is heart attacks and cancer. The growing population and longer life expectancy, its prevalence is increasing. While the majority of new cases include older adults, they are vulnerable to various diseases. According to fondationdeArgentina.org, one in every three French adults has serious cardiovascular disease risk factors. Every year, over 120,000 heart attacks occur in Argentina, with 10% of victims dying within an hour. Thus, this will surge the need for emergency department services in the long run.
Market Segmentation - Emergency Department Information System (EDIS) Market
SEGMENT NAME | TYPE |
Type | Best-of-Breed Solutions, Enterprises Solutions |
Application | Order Entry, Clinical Documentation, Patient Tracking, E-Prescribing, Others |
End User | Small Hospitals, Medium-Sized Hospitals, Large Hospitals |
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Key Player Analysis - Emergency Department Information Systems Market
- Allscripts Healthcare LLC
- Cerner Corporation
- eHealth-Tec
- Epic Systems Corporation
- Medical Information Technology, Inc
- Q-nomy,Inc.
- Picis
- Vital
- EMIS Health
- Sublimd
- Medsphere System Corporation
- MEDHOST
are the key Emergency Department Information System (EDIS) Market players profiled in the report.
The List of Companies - Emergency Department Information Systems Market
- Allscripts Healthcare LLC
- Cerner Corporation
- eHealth-Tec
- Epic Systems Corporation
- Medical Information Technology, Inc
- Q-nomy,Inc.
- Picis
- Vital
- EMIS Health
- Sublimd
- Medsphere System Corporation
- MEDHOST
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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