Global Emergency Department Information System Market: Overview
An Emergency Department Information System (EDIS) is the extended EHR system used to manage data related to patient care and operations in the emergency department. EDIS integrates with HIEs, EHR, and hospital information systems as well as data repositories accessed by clinics, primary care providers, ambulatory systems, and many more. Additionally, EDIS also offers physician documentation, patient tracking, nurse charting, and computerized provider order entry (CPOE). EDIS data is used for management of reports and emergency department performance which includes the percentage of emergency department patients discharged, admitted, or transferred within 4 hours as well as accomplishment of Activity Service Target for emergency department attendances.
Global Emergency Department Information System Market: Growth Factors
The rising prevalence of chronic diseases such as cardiovascular diseases, kidney diseases & neurodegenerative diseases, rising number of road accidents, and use of data-driven technology, are the key factors fueling the growth of the global emergency department systems market. EDIS captures charges automatically, minimizes documentation errors, boost hospital revenues, increase satisfaction scores of patients, and improves patient throughput. It also enables data sharing, interoperability, scalability, and reliability. All these benefits allow quick decision-making among the providers. Owing to all these factors, there is a huge demand for EDIS thereby contributing to the growth of the global emergency department information system market. Moreover, factors such as advancements in technology, the current covid-19 pandemic, and huge investments in the healthcare sector are boosting the growth of the market. Furthermore, initiatives to reduce the burden of healthcare sectors and the ability of EDIS to meet Meaningful Use criteria will create opportunities for the market in the forthcoming years.
The covid-19 outbreak has strained all the sectors of business and healthcare is not an exemption. Within the short duration of time, the pandemic has infected millions of people worldwide. This has put a huge burden on the healthcare system. Its key symptom being breathlessness resulted in a rise in the number of patient admission to the emergency department as continuous monitoring of the infected patients became essential. EDIS facilitates the collection and storage of key information regarding patient including patient identity, the status of insurance, date & time of admission as well as departure, treating nurses and doctors. This enabled easy identification & analysis of cases and monitoring of population at-risk. Thus to maintain the records of such a huge patient pool arriving in the emergency department increased the demand for EDIS thus, boosting the growth of the global emergency department information system market. Moreover, looking at the rising demand of the EDIS, there is an increase in the competition amongst the major players. Furthermore, countries like the US, Italy, and the United Kingdom are severely hit by the covid-19 pandemic. Owing to the state-of-the-art healthcare infrastructure, the hospitals are seeking to upgrade their traditional systems with advanced EDIS technology resulting in the growth of the market.
Global Emergency Department Information System Market: Segmentation
The global emergency department information system market is bifurcated based on delivery mode, software type, application, end-user, and region. Based on the delivery mode, the global emergency department information system market is bifurcated into on-premise and software as a service. The software type segment is further divided into best-of-breed and enterprise solutions. Based on the application, the global emergency department information system market is bifurcated into E-prescribing, clinical documentation, patient tracking, order entry (CPOE), resource tracking & management, and others. Based on end-users, the global emergency department information system market is bifurcated into small hospitals, large hospitals, and mid-sized hospitals.
Global Emergency Department Information System Market: Regional Analysis
North America is expected to dominate the global emergency department information system market. Factors such as a well-developed hospital chain with advanced technologies, government initiatives for the betterment of healthcare facilities, and implementation of digital technologies by private healthcare organizations are contributing to the growth of the market in this region. Asia Pacific is expected to record a high growth rate over the forecast period. Factors that are expected to contribute to rapid growth in the market include the high prevalence of chronic diseases & growing need for emergency departments and growing investments in the healthcare sector. India, China, and Japan are expected to be the major revenue generator during the forecast period.
Global Emergency Department Information System Market: Competitive Players
The major players operating in the global emergency department information system market include Cerner Corporation, Allscripts Healthcare Solutions, Inc., Computer Sciences Corporation, EPOWERdoc, McKesson Corporation, Wellsoft Corporation, MEDHOST, Inc., MEDITECH, Siemens AG, and T-Systems.
Global Emergency Department Information System Market: Regional Segment Analysis
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