Emergency Department Information System Market Scope
Emergency Department Information System (EDIS) is a robust administration module that could assist hospital administrators in managing the emergency department by having access to predefined and ad-hoc reports that are focused on quality data and performance measures, rather than the actual number of available reports within the system. The emergency department environment is exceptional, the whole gamut of disease relentlessly arriving without a schedule on the doorstep of overburdened emergency clinicians. Workflows are complex and vary from patient to patient, and the pace is hectic. All these factors are boosting the demand for the EDIS.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Emergency Department Information System market throughout the predicted period.
Allscripts Healthcare Solutions, Inc. (United States), Cerner Corporation (United States), Medical Information Technology, Inc. (United States), Epic Systems Corporation (United States), McKesson Corporation (United States), MEDHOST (United States), OptumInsight, Inc. (United States), NextGen Healthcare, Inc. (United States), VeEDIS Clinical Systems LLC (United States) and Wellsoft Corporation (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Emergency Department Information System market by Type (Software, Services and Hardware), by Application (Clinical Functionality, Patient Entry, Tracking and Triage, Department-Centered Tracking, Clinical Documentation, Computer Provider Order Entry (CPOE) and Result Reporting and Discharge Management Region & Administrative Functions) and Region with country level break-up.
On the basis of geography, the market of Emergency Department Information System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Feb 2019, Medsphere Systems Corporation announced the acquisition of Wellsoft Corporation, a provider of award-winning Emergency Department Information Systems (EDIS). Based in Somerset, NJ, Wellsoft has more than 30 years of experience creating applications that enable providers to improve patient care in the most intense and demanding clinical environment.
In Jun 2020, VitalTelemed has been selected to provide its Telemedicine EHR Platform at the Surepoint Emergency Centers freestanding emergency center in Dallas, Texas. The VitalTelemed team worked with the Information Technology staff at Surepoint Emergency Centers to bring the Telemedicine EHR Platform live., and In Aug 2020, Allscripts and Israel’s Sheba Medical Center have formed a partnership to accelerate the pace of artificial intelligence technologies and to improve patient care through the hospitals’ ARC Innovation Center.
Market Drivers
- Rising Demand for Automation Healthcare Services
- Increasing Patient Pool and Hospitals
Opportunities
- Rising Healthcare Infrastructure and Facilities in Emerging Countries
- Increased Health Care Spending
Restraints
- Risk of Data Privacy
- High Cost of the System
Challenges
- Low Adoption in Developing Countries
- Lack of Skilled Healthcare IT Professionals
Key Target Audience
Emergency Department Information System Provider, Healthcare Providers, Research institutes, Government Associations, Market Research and Consulting and Others