According to a new report, published by KBV research, The Global Emergency Department Information System Market size is expected to reach $2.2 billion by 2031, rising at a market growth of 13.8% CAGR during the forecast period.
The Software-As-A-Types (SaaS) segment is generating the highest revenue in the Global Emergency Department Information System Market by Deployment in 2023; thereby, achieving a market value of $1.3 billion by 2031. SaaS solutions typically operate on a subscription-based model, which minimizes the need for large upfront capital expenditures. Emergency departments can avoid the significant costs of purchasing, maintaining, and upgrading on-premises hardware and software.
The Medium-sized Hospitals segment is registering a CAGR of 13.2 % during the forecast period. Medium-sized hospitals often operate with finite resources, including staff and equipment. EDIS systems help optimize the use of these resources by providing real-time information on patient flow, staff availability, and equipment status, ensuring that resources are allocated efficiently.
The Best of Breed (B.O.B.) Solutions segment led the Global Emergency Department Information System Market by Type in 2023; thereby, achieving a market value of $1.2 billion by 2031. Best-of-breed solutions are designed to offer deep, specialized functionality in their area of expertise. In the context of EDIS, these solutions provide advanced features tailored specifically for emergency care, such as sophisticated triage tools, real-time patient tracking, and comprehensive clinical decision support.
The Computerized Physician Order Entry (CPOE) segment is growing at a CAGR of 13 % during the forecast period. CPOE systems significantly reduce the risk of medication errors by exterminating the need for handwritten orders, which can be prone to misinterpretation. This is especially crucial in emergency settings where rapid and accurate medication administration is essential for patient safety.
Full Report: https://www.kbvresearch.com/emergency-department-information-system-market/
The North America region dominated the Global Emergency Department Information System Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $908.9 million by 2031. The Europe region is anticipated to grow at a CAGR of 13.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 14.4% during (2024 - 2031).
By Deployment
By End User
By Type
By Application
By Geography
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