The Hospital Emergency Department Global Market Report 2023, provides comprehensive information on the hospital emergency department market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Hospital Emergency Department Global Market Report 2023, the market size is expected to grow from $127.36 billion in 2022 to $135.48 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of hospital emergency department market is expected to reach $165.95 billion in 2027 at a CAGR of 5.2%.
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Technological advancements are a key trend gaining popularity in the hospital emergency department market. Companies operating in the hospital emergency department market are adopting new technologies to sustain their position in the market. For instance, in December 2021, Shannon Health, a US-based company, implemented PeraHealth’s latest clinical decision support platform and introduced RI Triage, a specifically designed for use in the Emergency Department. Shannon Health is one of the pioneering institutions to adopt “RI Triage,” a streamlined approach to utilizing the Emergency Department (ED). This technology, developed with the help of the Biomedical Advanced Research and Development Authority (BARDA), is intended to help hospitals manage ED care during surges like the COVID-19 pandemic.
The hospital emergency department market is segmented:
1) By Connectivity: Wired, Wireless
2) By Health Condition: Cardiac, Neurologic, Traumatic, Gastrointestinal, Infectious, Psychiatric, Other Health Conditions
3) By Application: Remote Medicine Management, Medical Assistance, Medical Connected Imaging, Electronic Health Record and Clinical Workflow, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Other End-users
North America was the largest region in the hospital emergency department market in 2022.
The table of contents in TBRC’s hospital emergency department market report includes:
1. Executive Summary
2. Hospital Emergency Department Market Characteristics
3. Hospital Emergency Department Market Trends And Strategies
4. Hospital Emergency Department Market – Macro Economic Scenario
5. Global Hospital Emergency Department Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
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32. Global Hospital Emergency Department Market Competitive Benchmarking
33. Global Hospital Emergency Department Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Hospital Emergency Department Market
35. Hospital Emergency Department Market Future Outlook and Potential Analysi
36. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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