Report : Asia Pacific Emergency Department Information System (EDIS) Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Best-of-Breed Solutions and Enterprise Solutions), Application (Order Entry, Clinical Documentation, Patient Tracking, E-Prescribing, and Others), and End User (Small Hospitals, Medium-Sized Hospitals, and Large Hospitals)
At 13.5% CAGR, the Asia Pacific Emergency Department Information System (EDIS) Market is speculated to be worth US$ 384.36 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific emergency department information system (EDIS) market was valued at US$ 179.97 million in 2022 and is expected to reach US$ 384.36 million by 2028, registering a CAGR of 13.5% from 2022 to 2028. Progress in digitalization of healthcare services and emergence of cloud-based EDIS services are the critical factors attributed to the Asia Pacific emergency department information system (EDIS) market expansion.
In recent years, the process of digitization of healthcare services has been on the rise with the adoption of the eHealth agenda across various countries. eHealth can enhance the quality of services and aid improved access to health information for users. It can also help health service providers by saving time and reducing workload and the associated costs for a long term. Telehealth, electronic health records (EHR), online prescription, and health information systems are among the digital solutions that can be used in the implementation of eHealth. The popularity of digital technologies such as protected health information (PHI) has increased considerably in the recent years. Electronic health records offer an efficient tool for population health and data management, which has particularly been helpful during the COVID-19 emergency. Healthcare organizations across the region have been supporting respective country governments to collect and analyze COVID-19-related population data and individual electronic health records. A surge in initiatives to adopt digital platforms for pandemic management and continued use of digital technologies is anticipated to provide growth opportunities to the Asia Pacific emergency department information system (EDIS) market players in the coming years.
On the contrary, need for huge investments and lack of skilled healthcare IT professionals hurdles the growth of Asia Pacific emergency department information system (EDIS) market.
Based on type, the Asia Pacific emergency department information system (EDIS) market is bifurcated into best-of-breed solutions and enterprise solutions. The best-of-breed solutions segment held 59.2% market share in 2022, amassing US$ 106.56 million. It is projected to garner US$ 228.66 million by 2028 to expand at 13.6% CAGR during 2022–2028.
Based on application, the Asia Pacific emergency department information system (EDIS) market is segmented into order entry, clinical documentation, patient tracking, e-prescribing, and others. The order entry segment held 32.5% market share in 2022, amassing US$ 58.50 million. It is projected to garner US$ 122.63 million by 2028 to expand at 13.1% CAGR during 2022–2028.
Based on end user, the Asia Pacific emergency department information system (EDIS) market is segmented into small hospitals, medium-sized hospitals, and large hospitals. The medium-sized hospitals segment held 47.3% market share in 2022, amassing US$ 85.17 million. It is projected to garner US$ 184.19 million by 2028 to expand at 13.7% CAGR during 2022–2028.
Based on country, the Asia Pacific emergency department information system (EDIS) market has been categorized into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. Our regional analysis states that China captured 29.1% market share in 2022. It was assessed at US$ 52.40 million in 2022 and is likely to hit US$ 114.26 million by 2028, exhibiting a CAGR of 13.9% during the forecast period.
Key players dominating the Asia Pacific emergency department information system (EDIS) market are Allscripts Healthcare, LLC; Cerner Corporation; EMIS Health; Epic Systems Corporation; Medical Information Technology, Inc.; Picis; Q-nomy Inc.; and Vital among others.
- In July 2021, Cerner Corporation and ECRMC announced a collaboration for improving patient care.
- In January 2019, Q-nomy Inc. announced a partnership with system integrator Infina Technologies to deliver enterprise solutions based on Q-nomy's software platform, Q-Flow.
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