United States Hospital Emergency Department Market to Grow with a CAGR of 5.32% through 2029
Rising
incidence of chronic diseases is expected to drive the United States Hospital
Emergency Department Market in the forecast period 2025-2029
According to TechSci
Research report, “United States Hospital Emergency Department Market – By Region, Competition Forecast & Opportunities,
2029F”, the United States Hospital Emergency Department Market stood at USD
149.21 billion in 2023 and is anticipated to grow with a CAGR of 5.32% through 2029. The primary drivers of the U.S. Hospital ED market
are the shifting demographic landscape. The expanding aging population in the
United States is driving an increased demand for emergency medical services.
Older adults, who are more vulnerable to acute illnesses and chronic
conditions, often require emergency care. As this demographic transition
persists, EDs must adjust to meet the unique healthcare needs of older adults
through specialized training for healthcare providers and the provision of
specialized equipment to ensure their safety and well-being.
The growing prevalence of
chronic diseases, such as diabetes, heart disease, and respiratory conditions,
has significantly contributed to ED utilization. Patients with chronic
conditions may experience acute exacerbations requiring immediate attention. Chronic
diseases often result in more complex medical scenarios, necessitating thorough
assessments and interventions in the ED. Managing these patients has become a
fundamental aspect of ED operations, necessitating specialized protocols and
collaboration with primary care providers. Technology has transformed
healthcare delivery, and the ED is no exception. The incorporation of
electronic health records (EHRs) has streamlined patient data management,
facilitating rapid access to critical medical information.
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The United States Hospital
Emergency Department Market is segmented into insurance type, condition,
regional distribution, and company.
Based on the Condition, the Traumatic segment emerged as the dominant player in the United States market for United States Hospital Emergency Department Market in 2023. Subcutaneous administration provides a convenient and patient-friendly approach to delivering therapies for Hereditary Angioedema (HAE). Patients or their caregivers can administer these treatments at home without requiring assistance from healthcare professionals. This level of independence and self-administration is highly valued by many patients and contributes to better adherence to treatment schedules. The introduction of long-acting subcutaneous formulations of HAE therapies, such as lanadelumab (Takhzyro), has been revolutionary. These treatments offer prolonged protection against HAE attacks, allowing patients to extend the intervals between doses.
Major
companies operating in United States Hospital Emergency Department Market
are:
- Parkland Health
- Lakeland Regional Health
- St. Joseph’s Healthcare Systemt Inc.
- Natchitoches Regional Medical Center
- Schoolcraft Memorial Hospital
- Clarion Hospital
- Baptist Health South Florida Inc.
- Montefiore Medical Center
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“The United States Hospital
Emergency Department (ED) market is set to experience significant growth in the
foreseeable future. The ongoing demographic transition, characterized by an
increasingly elderly population, will lead to a heightened demand for emergency
services. Factors such as the uptick in chronic diseases, advancements in
technology, and healthcare policies promoting accessibility to care are all
poised to contribute to the expansion of the ED market. The focus on
patient-centric care and the importance of ensuring a positive patient
experience are anticipated to further drive the demand for top-tier emergency
services. As healthcare systems evolve, the United States Hospital ED market is
prepared to adapt and address the emerging challenges and opportunities in the
forecast period” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“United States
Hospital Emergency Department Market By Insurance Type (Medicare
& Medicaid, Private & Others), By Condition (Traumatic, Infectious,
Gastrointestinal, Psychiatric, Cardiac, Neurologic, Others) Region, Competition, Opportunity, and Forecast 2019-2029F”, has evaluated the future growth potential
of United States Hospital Emergency Department Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in United States Hospital Emergency Department Market.
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