Emergency Department Information System Market Recent Development And Future Growth Forecast To 2033

The new report published by The Business Research Company, titled ""Emergency Department Information System Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the emergency department information system market size has grown rapidly in recent years. It will grow from $0.93 billion in 2023 to $1.08 billion in 2024 at a compound annual growth rate (CAGR) of 17.1%. The emergency department information system market size is expected to see rapid growth in the next few years. It will grow to $2.05 billion in 2028 at a compound annual growth rate (CAGR) of 17.2%.

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Impact Of Increasing Insured Populations On The Growth Of The Emergency Department Information System Market
The increase in number of insured populations is expected to propel the growth of the emergency department information system market going forward. Insured populations refer to groups of individuals who have health insurance coverage, either through private insurance plans, and government programs. The number of insured populations is rising due to increasing awareness, government mandates, and expanded access to healthcare services. Emergency department information systems ensure precise and thorough documentation of patient encounters, which aids in processing insurance claims and reduces the likelihood of billing errors, thereby minimizing out-of-pocket costs for insured patients. For instance, in September 2023, the United States Census Bureau, a US-based government agency, reported that a total of 304.0 million individuals, or 92.1% of the population, had health insurance in 2022, reflecting an increase in both the percentage of insured persons and the total number of insured people from 2021. Therefore, the increase in number of insured populations is driving the growth of the emergency department information system market.

Advancements In Emergency Department Information Systems
Major companies operating in the emergency department information system market are focusing on technological advancements such as generative AI-powered clinical digital assistants to enhance clinical decision-making, improve patient outcomes, and streamline workflows. Generative AI-powered clinical digital assistants refer to multimodal voice and screen-based assistants that participate in appointments using generative AI to automate note taking and propose context-aware next actions. For instance, in September 2023, Oracle Corporation, a US-based technology company launched Oracle Clinical Digital Assistant, providing generative AI services for healthcare organizations, enabling providers to leverage the power of generative AI together with voice commands to reduce manual work and place more focus on patient care. This assistant is integrated with Oracle's electronic health record (EHR) solutions, making it easy for patients to take self-service actions such as scheduling appointments or checking clinical information at their convenience using simple voice commands.

The emergency department information system market covered in this report is segmented -

1) By Software Type: Enterprise Solutions, Best Of Breed (B.O.B.) Solutions
2) By Deployment: On-Premise Emergency Department Information System, Software-As-A-Services (SaaS)
3) By Application: Computerized Physician Order Entry (CPOE), Clinical Documentation, Patient Tracking And Triage, E-Prescribing
4) By End User: Small Hospitals, Medium-Sized Hospitals, Large Hospitals

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Major companies operating in the emergency department information system market are McKesson Corporation, Optum Inc., Siemens Healthineers, Philips Healthcare, GE Healthcare, Cerner Corporation, Epic Systems Corporation, Athenahealth Inc., Carestream Health, eClinicalWorks, Allscripts Healthcare Solutions Inc., InterSystems Corporation, NextGen Healthcare, CPSI (Computer Programs and Systems Inc.), Picis Clinical Solutions, Medhost Inc., QuadraMed, Medsphere Systems Corporation, Nextech Systems LLC, The T System Inc., Practice Fusion, Streamline Health Solutions Inc., Greenway Health, Wellsoft Corporation, Medical Information Technology Inc., Agfa HealthCare, Infor Healthcare

Contents of the report:
1. Executive Summary
2. Emergency Department Information System Market Report Structure
3. Emergency Department Information System Market Trends And Strategies
4. Emergency Department Information System Market - Macro Economic Scenario
5. Emergency Department Information System Market Size And Growth
…..
27. Emergency Department Information System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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