Emergency Department Information System Market is Expected to Reach $635.50 million in 2019 - New Report by MarketsandMarkets
(PRWEB) January 26, 2015 -- The application segments of Computerized Physician Order Entry (CPOE) will be important revenue pockets of the EDIS market in the forecast period (2014–2019). The CPOE applications segment is expected to grow at the highest CAGR between 2012 and 2019. EDIS find its application in clinical documentation; E-prescribing; order entry (CPOE), patient tracking, resource tracking and management; and other applications.
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North America accounted for the largest share of the global EDIS market in 2013 and is expected to grow at the highest rate during the forecast period. Growth in the North America regional segment is likely to be centered in the U.S. The growth in this region is mainly attributed to increasing healthcare expenditure, and increase in number of individual with insurance cover in the U.S, rise in aging population, and increasing use of data-driven technologies in this region.
EDIS is increasingly being used for many applications in the emergency department of healthcare organizations, including clinical documentation; E-prescribing; order entry (CPOE), patient tracking, resource tracking and management; and other applications. The growth of the EDIS market will be driven by increased healthcare expenditure, increasing use of data-driven technologies, implementation of the HITECH Act, and rise in aging population.
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The major players in the EDIS market include Allscripts Healthcare Solutions, Inc. (U.S.), Cerner Corporation (U.S.), Computer Sciences Corporation (U.S.), EPOWERdoc (U.S.), McKesson Corporation (U.S.), MEDHOST, Inc. (U.S.), MEDITECH (U.S.), Siemens AG (Germany), T-Systems (Germany), and Wellsoft Corporation (U.S).
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The global EDIS market is highly evolved, with multiple product segments and a number of market players. An analysis of market developments between 2011 and 2014 revealed that agreements and partnerships were the most important growth strategies employed by market leaders in this period. This strategy was adopted by most players in this market, except Computer Sciences Corporation (U.S.), MEDITECH (U.S.), and Wellsoft Corporation (U.S.).
The other important growth strategies adopted by players in this market were acquisitions. These strategies were adopted by players in this market to gain immediate technological competency and widened geographic presence. These strategies were adopted by all the players in this market.
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