Dublin, Feb. 15, 2021 (GLOBE NEWSWIRE) -- The "Emergency Department Information Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Emergency Department Information Systems estimated at US$513.4 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at a CAGR of 14.7% over the analysis period 2020-2027. Computerized Physician Order Entry (CPOE), one of the segments analyzed in the report, is projected to record a 15.5% CAGR and reach US$390.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Clinical Documentation segment is readjusted to a revised 14.3% CAGR for the next 7-year period.
The Emergency Department Information Systems market in the U. S. is estimated at US$151.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$233.1 Million by the year 2027 trailing a CAGR of 14.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13% and 12.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.8% CAGR.
In the global E-Prescribing segment, USA, Canada, Japan, China and Europe will drive the 15.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$82.9 Million in the year 2020 will reach a projected size of US$225.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$160.2 Million by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Allscripts Healthcare Solutions, Inc.
Medical Information Technology, Inc.
Unitedhealth Group, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Emergency Department Information System Market to Witness Rapid Growth
Emergency Department Information System Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Data-Driven Technologies to Bolster Market Demand
Global Emergency Department Information System Market: Percentage Sales Volume by Leading Market Players: 2018
3. MARKET TRENDS & DRIVERS
Increase in Healthcare Expenditure to Support Market Demand
Growing Ageing Population to Drive Demand
Increase in Health Insurance Coverage Number in the US to Bolster Growth
Gains in EHRS Adoption due to Implementation of Hitech Act to Support Market Demand
Adverse Safety and Quality Implications due to EDIS, Hinder Market Growth
Skill Shortage in IT-Healthcare to Drive Emergency Department Information System Installations
Skill Shortage of Health Aides in the US: 2025
Total Workforce in Healthcare Sector Per Million Population
Increasing Rate of Returns for EDIS to Bolster Market Growth
Emerging Economies Support Market Growth
Inclination towards Patient-Centric Approach to Bode-Well for EDIS Market
A Glance into Emergency Department Information System
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/ik4o39
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