U.S. Hospital Emergency Department Market

An emergency department is a specific area in a hospital that is organized to provide high standard or quality of emergency care to people. It is a part of the hospital that provides 24-hour emergency care to patients who need urgent medical attention.

Market Dynamics:

Increasing prevalence of chronic diseases, rising number of emergency department visits, growing geriatric population, rise in adoption of advanced technologies and tools, and rise in penetration of health insurance among the US population are major factors expected to propel growth of the U.S. hospital emergency department market over the forecast period.

For instance, in August 2022, Virginia Mason Franciscan Health (VMFH) announced it will build the state’s first hybrid ER/urgent care centre in Bremerton, Wash. The unique nature of the hybrid ER/urgent care model eliminates guesswork for patients unsure of where to go for care. A patient can simply present to the facility and board-certified emergency physician will examine and triage them to the appropriate level of care based on their need. Patients will only be billed for the level of services they actually receive, which helps manage their costs.

Key features of the study:

• This report provides in-depth analysis of the U.S. hospital emergency department market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2020 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the U.S. hospital emergency department market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Parkland Health & Hospital System, ST. Joseph's Health, Natchitoches Regional Medical Center, Montefiore Medical Center, Lakeland Regional Health, USA Health, and Schoolcraft Memorial Hospital.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The U.S. hospital emergency department market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. hospital emergency department market.

Detailed Segmentation:

• U.S. Hospital Emergency Department Market, By Insurance Type:
  • Medicare & Medicaid
  • Private & Others
• U.S. Hospital Emergency Department Market, By Condition:
  • Traumatic Conditions
  • Infectious Conditions
  • Gastrointestinal Conditions
  • Psychiatric Conditions
  • Cardiac Conditions
  • Neurologic Conditions
  • Others
• Company Profiles:
  • Parkland Health & Hospital System
  • Joseph's Health
  • Natchitoches Regional Medical Center
  • Montefiore Medical Center
  • Lakeland Regional Health
  • USA Health
  • Schoolcraft Memorial Hospital