The growth of the market can be attributed to increasing cases of trauma injuries and rising strategies by major market players to expand their presence in emerging markets. However, the shortage of skilled professionals is expected to restrict the market growth during the forecast period.
With rising cases of trauma in Asia Pacific, the emergency medical software market players have started to strategize their growth in these regions. Recently, emergency medical software has been adopted by various research facilities. High-tech products integrated with deep learning, such as early warning and vulnerability alert systems, EMS computer-aided dispatch systems, incident response software, and ambulance management software, showcased promising performance in emergency departments. Companies such as Trapeze, Cerner Corporation, and Ge Healthcare are expected to continue flourishing in these emerging markets through mergers, acquisitions, and strategic partnerships in the coming years. In December 2021, Quark Software announced a strategic alliance with Glemser, an IT solutions and service provider to the global life sciences & pharmaceutical industry. The software providers are helping enterprises in this particular market to attain regulatory compliance, improve quality, gain operational efficiencies, and reduce costs. Similarly, in August 2020, Xealth and Cerner Corporation announced their collaboration to empower patients to become active participants in their treatment and well-being. Additionally, Cerner and LRVHealth invested US$ 6 million in Xealth. The Xealth platform is designed to help clinicians easily integrate, prescribe, and monitor digital health tools for patients remotely from the EHR. The partnership will further help nurture better patient-provider relationships and facilitate information sharing across systems and the care settings. Similar mergers and acquisitions have created growth opportunities for the emergency medical software market.
ASIA PACIFIC EMERGENCY MEDICAL SOFTWARE MARKET SEGMENTATION
Based on product, the Asia Pacific emergency medical software market has been segmented into early warning and vulnerability alert system, EMS computer aided dispatch system, incident response software, ambulance management software, and others. In terms of mode of delivery, the market is segmented into on premises and software-as-a-service (SaaS). Based on platform, the market is segmented into Windows, Android, iOS, and others. In terms of end user, the market is segmented into commercial, state city agencies, municipal, and others. Geographically, the Asia Pacific emergency medical software market is divided into India, China, South Korea, Australia, Japan, and Rest of Asia Pacific.
Trapeze Group, Cerner Corporation, GE Healthcare, and EMIS Health are among the leading companies operating in the Asia Pacific emergency medical software market.