Hospital Emergency Department Market Report 2024 Key Players, Demand Analysis And Forecast 2033

The hospital emergency department market size has grown strongly in recent years. It will grow from $135.48 billion in 2023 to $143.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to population growth and aging, increased urbanization, public health concerns and epidemics, healthcare policy changes, increasing patient awareness.

The hospital emergency department market size is expected to see strong growth in the next few years. It will grow to $175.58 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to population health management, increasing prevalence of chronic diseases, expansion of emergency medical services (ems), integration of artificial intelligence (ai), global health threat preparedness. Major trends in the forecast period include public-private partnerships, technological innovations in telemedicine, advancements in medical technology, emergency department design innovations, utilization of wearable health technologies.

Market Overview -
A hospital emergency department (ED) is a department that provides 24-hour emergency care to patients who require immediate medical assistance. It is vital for hospitals and medical practices to provide the best medical or surgical care to patients who need emergency attention.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=11999&type=smp

The Growth Of Hospital Emergency Departments Fueled By Increasing Patient Visits
The prevalence of visits to hospital emergency departments is expected to propel the growth of the hospital emergency department market going forward. An emergency department (ED) is a specialized medical facility that focuses on emergency medicine and delivers prompt outpatient services to patients needing immediate care for their condition. The rising number of patients seeking emergency medical care contributes to the demand for improved facilities, resources, and services in hospital emergency departments. For instance, according to California Health and Human Services Agency, a US-based state agency, as per the 2021 Emergency Department Summary Report, the number of emergency department admits counted 19,62,045, up from 18,51,863 emergency department admits in 2020. Therefore, the prevalence of visits to hospital emergency departments is driving the growth of the hospital emergency department market.

Competitive Landscape -
Major companies operating in the hospital emergency department market report are Merck & Co. Inc., Thermo Fisher Scientific Inc., Massachusetts General Hospital, Mayo Clinic Hospital, NYC Health Hospitals, University of Michigan Health - Ann Arbor, Cedars-Sinai Medical Center, Barnes-Jewish Hospital, New York-Presbyterian Hospital, Ronald Reagan UCLA Medical Center, Charles River, Texas Health Resources, Baystate Medical Center, QIAGEN, Hartford Hospital, Parkland Health, Lakeland Regional Health, Sharp Grossmont Hospital, St. Joseph's Health, Butler Memorial Hospital, USA Health, Natchitoches Regional Medical Center, Schoolcraft Memorial Hospital, Brigham and Women's Hospital, Grady Memorial Hospital, Baptist Health South Florida, Montefiore Medical Center, Lac+Usc Medical Center

Hospital Emergency Department Market Embracing Technological Advancements For Enhanced Patient Care
Technological advancements are a key trend gaining popularity in the hospital emergency department market. Companies operating in the hospital emergency department market are adopting new technologies to sustain their position in the market. For instance, in December 2021, Shannon Health, a US-based company, implemented PeraHealth's latest clinical decision support platform and introduced RI Triage, a specifically designed for use in the Emergency Department. Shannon Health is one of the pioneering institutions to adopt 'RI Triage,' a streamlined approach to utilizing the Emergency Department (ED). This technology, developed with the help of the Biomedical Advanced Research and Development Authority (BARDA), is intended to help hospitals manage ED care during surges like the COVID-19 pandemic.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/hospital-emergency-department-global-market-report

Key Segments -
The hospital emergency department market covered in this report is segmented -
1) By Connectivity: Wired, Wireless
2) By Health Condition: Cardiac, Neurologic, Traumatic, Gastrointestinal, Infectious, Psychiatric, Other Health Conditions
3) By Application: Remote Medicine Management, Medical Assistance, Medical Connected Imaging, Electronic Health Record and Clinical Workflow, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Other End-users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?

The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.