Emergency Department Information System Market Report 2031
The emergency department information system (EDIS) market size is projected to reach US$ 2.49 billion by 2031 from US$ 0.93 billion in 2023. The market is expected to register a CAGR of 15.10% during 2023–2031. The emergence of cloud-based EDIS services will likely remain a key trend in the market.
Emergency Department Information System (EDIS) Market Analysis
Key factors that are driving the growth of the market are an increase in patient flow at emergency departments and a high adoption rate of emergency department information systems. Furthermore, progress in the digitalization of healthcare services will likely offer opportunities to the emergency department information system (EDIS) market in the coming years.
Emergency Department Information System (EDIS) Market Overview
Emergency medical services (EMS) involve the acute care of patients. The EMS departments manage patients with medical complications, as well as obstetrical and surgical emergencies. These departments also treat injuries, infections, heart attacks, strokes, asthma, and acute pregnancy complications. Thus, they are primarily focused on attending to patients with injuries and emergency illnesses, such as stroke and cardiac arrest. Services required in natural disasters are also included under the EMS category. The demand for emergency care services in healthcare settings is rising due to the growing incidence of cardiac arrests and accidents. According to the European Resuscitation Council, the reported incidence of cardiac arrest in Europe is ~67–170 per 100,000 individuals. As per the estimates given by stroke.org.uk, the burden of stroke in Europe is expected to grow remarkably in the coming years. The projections in this report indicate that there will be a 34% increase in the total number of stroke cases in the European Union during 2015–2035, as the case count is likely to reach 819,771 by 2035 from 613,148 in 2015. Therefore, the flow of patients in emergency departments is expected to rise in the coming years.
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Emergency Department Information System (EDIS) Market: Strategic Insights
Market Size Value in US$ 751.17 Million in 2021 Market Size Value by US$ 1,738.17 Million by 2028 Growth rate CAGR of 13.1% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Emergency Department Information System (EDIS) Market: Strategic Insights
Market Size Value in | US$ 751.17 Million in 2021 |
Market Size Value by | US$ 1,738.17 Million by 2028 |
Growth rate | CAGR of 13.1% from 2021 to 2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
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Speak to AnalystEmergency Department Information System (EDIS) Market Drivers and Opportunities
High Adoption of Emergency Department Information Systems
Emergency department information systems (EDIS) improve healthcare staff and resource utilization, which helps manage patient flow. The systems also help enhance hospitals’ decision-making by providing comprehensive real-time data for hospital administrations. The EDIS solutions reduce the cost of healthcare facilities by lowering labor costs. Furthermore, the demand for emergency department information systems is high in North America due to the wide acceptance of technology in countries such as the US and Canada. Also, North America dominates the global emergency department information system market, followed by Europe. Europe is known for the significantly rising adoption of telematics healthcare digital transformation in healthcare settings, along with the growing expenditure in healthcare infrastructure and availability of technologically advanced devices. In addition to this, the rapidly increasing adoption of hospital IT to gain greater efficiency in administrative processes is propelling the growth of the emergency department information system market.
Progress in Digitalization of Healthcare Services
In recent years, the process of digitization of healthcare services has been on the rise with the adoption of the eHealth agenda across various countries. eHealth can enhance the quality of services and aid in improving users' access to health information. It can also help health service providers by saving time and reducing workload and associated costs in the long term. Telehealth, electronic health records (EHR), online prescriptions, and health information systems are among the digital solutions that can be used in the implementation of eHealth. The popularity of digital technologies such as protected health information (PHI) has increased considerably in recent years. According to Canadian physicians, the percentage of their patients using digital technologies to manage their medical information grew from 20.8% in 2017 to 44.7% by 2019.
Emergency Department Information System (EDIS) Market Report Segmentation Analysis
Key segments that contributed to the derivation of the emergency department information system (EDIS) market analysis are type, application, and end user.
- Based on type, the emergency department information system (EDIS) market is segmented into best-of-breed solutions and enterprise solutions. The best-of-breed solutions kits segment held the most significant market share in 2023.
- Based on application, the emergency department information system (EDIS) market is segmented by order entry, clinical documentation, patient tracking, e-prescribing, and others. The order entry treatment segment held the largest market share in 2023.
- Based on end users, the emergency department information system (EDIS) market is segmented by small hospitals, medium-sized hospitals, and large hospitals. The medium-sized hospitals segment held the largest market share in 2023.
Emergency Department Information System (EDIS) Market Share Analysis by Geography
The geographic scope of the emergency department information system (EDIS) market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
The COVID-19 pandemic encouraged emergency departments in the region to employ healthcare IT services. Due to the outbreak, interoperability, linked patient records, accurate patient data, and cybersecurity have become more important than ever for mHealth and electronic medical records in the healthcare sector. In addition, as the population ages and becomes more vulnerable to long-term illnesses, there will be a rise in hospital admissions and an escalation in the need for emergency department information systems. Based on the 2020 Profile of Older Americans published by the Administration for Community Living, the number of Americans over 65 is predicted to increase to 80.58 million by 2040 and 94.7 million by 2060.
Emergency Department Information System (EDIS) Market Report Scope
Emergency Department Information System (EDIS) Market News and Recent Developments
The Emergency Department Information System (EDIS) Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the emergency department information system (EDIS) market are listed below:
- Augmedix, announced the general availability of Augmedix Go for emergency departments (EDs), marking the launch of the industry’s first fully-automated, generative AI (GenAI) powered medical documentation product for EDs across the country. (Source: Augmedix, Company Website, April 2024)
Emergency Department Information System (EDIS) Market Report Coverage and Deliverables
The “Emergency Department Information System (EDIS) Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Emergency department information system (EDIS) market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Emergency department information system (EDIS) market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Emergency department information system (EDIS) market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the emergency department information system (EDIS) market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Application, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, RoAPAC, RoE, RoMEA, RoSCAM, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
North America dominated the emergency department information system (EDIS) market in 2023
Key factors that are driving the growth of the market are an increase in patient flow at emergency departments and a high adoption rate of emergency department information systems. However, the requirement of huge investment and a dearth of skilled healthcare IT professionals is expected to restrict the market growth during the forecast period.
The emergence of cloud-based edis services will likely remain a key trend in the 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 market is expected to register a CAGR of 15.1% during 2023–2031.
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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