In April 2020, Centers for Medicare & Medicaid Services has issued a guideline which allows the Independent Freestanding Emergency Departments to Provide Care to Medicare and Medicaid Beneficiaries during the COVID-19 Public Health Emergency.
The article cited AMA's "Global Freestanding Emergency Department Market Study" explored substantial growth of 6.6%. According to the report, Increasing Need of Emergency Room Services is one of the primary growth factors for the market. Increasing Preference of Convenience Care is Fueling the Market
is also expected to contribute significantly to the Freestanding Emergency Department market. Overall, applications of Freestanding Emergency Department, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End users, such as Hospital, is boosting the Freestanding Emergency Department market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Ownership, such as Off-Campus Emergency Department (OCED), is boosting the Freestanding Emergency Department market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Service, such as Emergency Department (ED) Service, is boosting the Freestanding Emergency Department market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Freestanding Emergency Department market identified that the demand is rising in many different parts of the world as "Increasing Disposable Income is Boosting the Market
". Furthermore, some recent industry insights like "In May 2020,ProMedica today announced its plan to build a freestanding emergency department to support the growing needs of residents and businesses in Maumee and the surrounding area. The new facility will be the second location of the ProMedica Toledo Hospital emergency department. It is expected to be conveniently located on Anthony Wayne Trail near the I-475 Interchange." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Freestanding Emergency Department market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Freestanding Emergency Department market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Freestanding Emergency Department market size is calculated using market estimation process, the Freestanding Emergency Department market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Freestanding Emergency Department market size has been validated using both top-down and bottom-up approaches.