Product Code: A323707
The global hospital emergency department market was valued at $135.0 billion in 2023, and is projected to reach $202.2 billion by 2033, growing at a CAGR of 4.1% from 2024 to 2033.
The hospital emergency department (ED), often referred to as the emergency room (ER) or casualty department (in some regions), is a specialized medical facility within a hospital that provides immediate care to patients with acute medical conditions or injuries. These conditions typically require urgent attention but may not be severe or life-threatening enough to necessitate admission to the hospital. The primary function of the emergency department is to assess, stabilize, and initiate treatment for patients who arrive without prior appointments, 24 hours a day, 7 days a week.
The growth of the hospital emergency department market is driven by increase in incidence of chronic diseases and rise in the prevalence of injuries and accidents which necessitate urgent medical care, thereby boosting demand for emergency department services. Moreover, initiatives by major players toward several facilities drive the growth of the market. For instance, Sanjay Gandhi Memorial Hospital (SGMH) introduced several new initiatives during the financial year 2022-23 to enhance services, including mandatory Thalassemia screening for pregnant women, daily OPDs in all departments, strengthening of ICU services, and adjustments in OPD and doctor timings to improve patient care and reduce incidents of violence among doctors and the public.
However, high operational costs associated with maintaining and staffing emergency departments strain hospital budgets and resources. On the other hand, rise in demand for emergency medical care and surge in value-based care and population health management within the healthcare industry present significant opportunity for the key players in the hospital emergency department market to expand their services. For instance, in July 2022, Lakeland Regional Health expanded to meet the needs of the community. The health system has started planning for an additional location in south Lakeland on a 5.6-acre property Florida Avenue.
Segmentation Overview
The hospital emergency department market is segmented into insurance type, condition, and region. Depending on insurance type, the market is categorized into Medicare & Medicaid and private & others. As per condition, it is divided into traumatic, infectious, gastrointestinal, psychiatric, cardiac, neurologic, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
By insurance type, the private and others segment held the highest market share in 2023.
Depending on condition, the infectious segment accounted for the largest share in the market in 2023.
Region wise, North America dominated the hospital emergency department market in 2023.
Competitive Analysis
The major players operating in the hospital emergency department market include Parkland Health, Hartford Hospital, Lakeland Regional Health, St. Joseph's Health, HCA, Inc., Siemens, The General Hospital Corporation, Mayo Clinic Hospital, Brigham and Women's Hospital, and Barnes-Jewish Hospital. These players have been involved in different tactics such as mergers & acquisitions, partnerships, collaborations, product diversification, and marketing & advertising to sustain their position in the competitive market.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Key Market Segments
By Insurance Type
- Medicare and Medicaid
- Private and Others
By Condition
- Traumatic
- Infectious
- Gastrointestinal
- Psychiatric
- Cardiac
- Neurologic
- Others
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players:
- Parkland Health
- Koninklijke Philips N.V.
- Lakeland Regional Health
- St. Joseph's Health
- HCA, Inc.
- Siemens
- The General Hospital Corporation
- Mayo Clinic Hospital
- Brigham and Women's Hospital
- Barnes-Jewish Hospital
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report Description
- 1.2. Key Market Segments
- 1.3. Key Benefits
- 1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
- 3.1. Market Definition and Scope
- 3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
- 3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: HOSPITAL EMERGENCY DEPARTMENT MARKET, BY INSURANCE TYPE
- 4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Insurance Type
- 4.2. Medicare And Medicaid
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
- 4.3. Private And Others
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
CHAPTER 5: HOSPITAL EMERGENCY DEPARTMENT MARKET, BY CONDITION
- 5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Condition
- 5.2. Traumatic
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
- 5.3. Infectious
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
- 5.4. Gastrointestinal
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
- 5.5. Psychiatric
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
- 5.6. Cardiac
- 5.6.1. Key Market Trends, Growth Factors and Opportunities
- 5.6.2. Market Size and Forecast, By Region
- 5.6.3. Market Share Analysis, By Country
- 5.7. Neurologic
- 5.7.1. Key Market Trends, Growth Factors and Opportunities
- 5.7.2. Market Size and Forecast, By Region
- 5.7.3. Market Share Analysis, By Country
- 5.8. Others
- 5.8.1. Key Market Trends, Growth Factors and Opportunities
- 5.8.2. Market Size and Forecast, By Region
- 5.8.3. Market Share Analysis, By Country
CHAPTER 6: HOSPITAL EMERGENCY DEPARTMENT MARKET, BY REGION
- 6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Region
- 6.2. North America
- 6.2.1. Key Market Trends and Opportunities
- 6.2.2. Market Size and Forecast, By Insurance Type
- 6.2.3. Market Size and Forecast, By Condition
- 6.2.4. Market Size and Forecast, By Country
- 6.2.5. U.S. Hospital Emergency Department Market
- 6.2.5.1. Market Size and Forecast, By Insurance Type
- 6.2.5.2. Market Size and Forecast, By Condition
- 6.2.6. Canada Hospital Emergency Department Market
- 6.2.6.1. Market Size and Forecast, By Insurance Type
- 6.2.6.2. Market Size and Forecast, By Condition
- 6.2.7. Mexico Hospital Emergency Department Market
- 6.2.7.1. Market Size and Forecast, By Insurance Type
- 6.2.7.2. Market Size and Forecast, By Condition
- 6.3. Europe
- 6.3.1. Key Market Trends and Opportunities
- 6.3.2. Market Size and Forecast, By Insurance Type
- 6.3.3. Market Size and Forecast, By Condition
- 6.3.4. Market Size and Forecast, By Country
- 6.3.5. Germany Hospital Emergency Department Market
- 6.3.5.1. Market Size and Forecast, By Insurance Type
- 6.3.5.2. Market Size and Forecast, By Condition
- 6.3.6. France Hospital Emergency Department Market
- 6.3.6.1. Market Size and Forecast, By Insurance Type
- 6.3.6.2. Market Size and Forecast, By Condition
- 6.3.7. UK Hospital Emergency Department Market
- 6.3.7.1. Market Size and Forecast, By Insurance Type
- 6.3.7.2. Market Size and Forecast, By Condition
- 6.3.8. Italy Hospital Emergency Department Market
- 6.3.8.1. Market Size and Forecast, By Insurance Type
- 6.3.8.2. Market Size and Forecast, By Condition
- 6.3.9. Spain Hospital Emergency Department Market
- 6.3.9.1. Market Size and Forecast, By Insurance Type
- 6.3.9.2. Market Size and Forecast, By Condition
- 6.3.10. Rest of Europe Hospital Emergency Department Market
- 6.3.10.1. Market Size and Forecast, By Insurance Type
- 6.3.10.2. Market Size and Forecast, By Condition
- 6.4. Asia-Pacific
- 6.4.1. Key Market Trends and Opportunities
- 6.4.2. Market Size and Forecast, By Insurance Type
- 6.4.3. Market Size and Forecast, By Condition
- 6.4.4. Market Size and Forecast, By Country
- 6.4.5. Japan Hospital Emergency Department Market
- 6.4.5.1. Market Size and Forecast, By Insurance Type
- 6.4.5.2. Market Size and Forecast, By Condition
- 6.4.6. China Hospital Emergency Department Market
- 6.4.6.1. Market Size and Forecast, By Insurance Type
- 6.4.6.2. Market Size and Forecast, By Condition
- 6.4.7. India Hospital Emergency Department Market
- 6.4.7.1. Market Size and Forecast, By Insurance Type
- 6.4.7.2. Market Size and Forecast, By Condition
- 6.4.8. Australia Hospital Emergency Department Market
- 6.4.8.1. Market Size and Forecast, By Insurance Type
- 6.4.8.2. Market Size and Forecast, By Condition
- 6.4.9. South Korea Hospital Emergency Department Market
- 6.4.9.1. Market Size and Forecast, By Insurance Type
- 6.4.9.2. Market Size and Forecast, By Condition
- 6.4.10. Rest of Asia-Pacific Hospital Emergency Department Market
- 6.4.10.1. Market Size and Forecast, By Insurance Type
- 6.4.10.2. Market Size and Forecast, By Condition
- 6.5. LAMEA
- 6.5.1. Key Market Trends and Opportunities
- 6.5.2. Market Size and Forecast, By Insurance Type
- 6.5.3. Market Size and Forecast, By Condition
- 6.5.4. Market Size and Forecast, By Country
- 6.5.5. Brazil Hospital Emergency Department Market
- 6.5.5.1. Market Size and Forecast, By Insurance Type
- 6.5.5.2. Market Size and Forecast, By Condition
- 6.5.6. Saudi Arabia Hospital Emergency Department Market
- 6.5.6.1. Market Size and Forecast, By Insurance Type
- 6.5.6.2. Market Size and Forecast, By Condition
- 6.5.7. South Africa Hospital Emergency Department Market
- 6.5.7.1. Market Size and Forecast, By Insurance Type
- 6.5.7.2. Market Size and Forecast, By Condition
- 6.5.8. Rest of LAMEA Hospital Emergency Department Market
- 6.5.8.1. Market Size and Forecast, By Insurance Type
- 6.5.8.2. Market Size and Forecast, By Condition
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top Winning Strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
- 8.1. Parkland Health
- 8.1.1. Company Overview
- 8.1.2. Key Executives
- 8.1.3. Company Snapshot
- 8.1.4. Operating Business Segments
- 8.1.5. Product Portfolio
- 8.1.6. Business Performance
- 8.1.7. Key Strategic Moves and Developments
- 8.2. Koninklijke Philips N.V.
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Operating Business Segments
- 8.2.5. Product Portfolio
- 8.2.6. Business Performance
- 8.2.7. Key Strategic Moves and Developments
- 8.3. Lakeland Regional Health
- 8.3.1. Company Overview
- 8.3.2. Key Executives
- 8.3.3. Company Snapshot
- 8.3.4. Operating Business Segments
- 8.3.5. Product Portfolio
- 8.3.6. Business Performance
- 8.3.7. Key Strategic Moves and Developments
- 8.4. St. Joseph's Health
- 8.4.1. Company Overview
- 8.4.2. Key Executives
- 8.4.3. Company Snapshot
- 8.4.4. Operating Business Segments
- 8.4.5. Product Portfolio
- 8.4.6. Business Performance
- 8.4.7. Key Strategic Moves and Developments
- 8.5. HCA, Inc.
- 8.5.1. Company Overview
- 8.5.2. Key Executives
- 8.5.3. Company Snapshot
- 8.5.4. Operating Business Segments
- 8.5.5. Product Portfolio
- 8.5.6. Business Performance
- 8.5.7. Key Strategic Moves and Developments
- 8.6. Siemens
- 8.6.1. Company Overview
- 8.6.2. Key Executives
- 8.6.3. Company Snapshot
- 8.6.4. Operating Business Segments
- 8.6.5. Product Portfolio
- 8.6.6. Business Performance
- 8.6.7. Key Strategic Moves and Developments
- 8.7. The General Hospital Corporation
- 8.7.1. Company Overview
- 8.7.2. Key Executives
- 8.7.3. Company Snapshot
- 8.7.4. Operating Business Segments
- 8.7.5. Product Portfolio
- 8.7.6. Business Performance
- 8.7.7. Key Strategic Moves and Developments
- 8.8. Mayo Clinic Hospital
- 8.8.1. Company Overview
- 8.8.2. Key Executives
- 8.8.3. Company Snapshot
- 8.8.4. Operating Business Segments
- 8.8.5. Product Portfolio
- 8.8.6. Business Performance
- 8.8.7. Key Strategic Moves and Developments
- 8.9. Brigham And Women's Hospital
- 8.9.1. Company Overview
- 8.9.2. Key Executives
- 8.9.3. Company Snapshot
- 8.9.4. Operating Business Segments
- 8.9.5. Product Portfolio
- 8.9.6. Business Performance
- 8.9.7. Key Strategic Moves and Developments
- 8.10. Barnes-Jewish Hospital
- 8.10.1. Company Overview
- 8.10.2. Key Executives
- 8.10.3. Company Snapshot
- 8.10.4. Operating Business Segments
- 8.10.5. Product Portfolio
- 8.10.6. Business Performance
- 8.10.7. Key Strategic Moves and Developments