U.S. Freestanding Emergency Department Market Size, Share & Trends Analysis Report By Ownership (OCED, IFSED), By Service (Emergency Department, Imaging, Laboratory), And Segment Forecasts, 2020 - 2027
The U.S. freestanding emergency department market size is expected to reach USD 5.0 billion by 2027, registering around 5.3% CAGR over the forecast period, according to a new report by Grand View Research, Inc. Convenience care represents a spectrum of care delivery models including retail clinics, urgent care centers, and freestanding emergency departments (FSEDs). These departments represent a budding opportunity within healthcare services space. Growing geriatric population is contributing to the increasing demand for freestanding emergency departments, as the elderly often require emergency care. In addition, FSEDs have no or short waiting times for treatments as compared to the emergency departments. FSEDs are often preferred as they are less crowded. These departments primarily cater to urban and suburban patients with insurance coverage or self-pay. Moreover, medical conditions of patients visiting FSEDs are less acute than the ones visiting emergency departments.
The growth of the freestanding ED segment opens up opportunities for independent companies such as Adeptus and hospitals such as HCA Healthcare, Inc. (HCA); Tenet Healthcare Corporation (THC); and Community Health Systems, Inc. (CYH). As the need for emergency room services grows, independent providers such as Adeptus Health and numerous private equity-backed companies are contributing actively to the industry. Also, the large acute care hospitals such as HCA, and others address this demand through the buildout of freestanding emergency rooms.
Further Key Findings from the Study Suggest:
The growth of the freestanding ED segment opens up opportunities for independent companies such as Adeptus and hospitals such as HCA Healthcare, Inc. (HCA); Tenet Healthcare Corporation (THC); and Community Health Systems, Inc. (CYH). As the need for emergency room services grows, independent providers such as Adeptus Health and numerous private equity-backed companies are contributing actively to the industry. Also, the large acute care hospitals such as HCA, and others address this demand through the buildout of freestanding emergency rooms.
Further Key Findings from the Study Suggest:
- In 2019, Hospital-based off-campus emergency department (OCED) held the largest share in the ownership segment of the U.S. FSED market and is expected to witness lucrative growth during the forecast period. This was attributed to the overcrowding of the hospital emergency department, and availability of high reimbursement for the treatment at OCED when compared with independent freestanding emergency department (IFSED), where no reimbursement is available
- In 2019, Emergency department (ED) held the largest share in the service segment owing to a wide variety of services being provided for immediate care. It includes common medical services, such as treatment for stomach and abdominal pain, fever, headache, cough, back symptoms, and shortness of breath among others
- The imaging service segment is expected to witness the highest growth during the forecast period. Majority of FSEDs offer basic imaging services, such as X-ray, ultrasound, and Computed Tomography (CT) scans. Freestanding emergency departments are either large facilities serving as many as 100 patients per day or small facilities serving 20 or fewer patients per day. Larger FSEDs can also offer MRI and primary care
- Some of the key players operating in the U.S. freestanding emergency department market are Adeptus Health Inc.; Tenet Healthcare Corporation; Universal Health Services, Inc.; HCA Healthcare, Inc.; Community Health Systems, Inc.; Ascension Health; Legacy Lifepoint Health, Inc.; Ardent Health Services; and Emerus
CHAPTER 1 METHODOLOGY AND SCOPE
1.1 Market Segmentation & Scope
1.1.1 Ownership
1.1.2 Services
1.1.3 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details Of Primary Research
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis
1.6.1.1 Approach 1: Commodity Flow Approach
1.6.2 Volume Price Analysis
1.6.2.1 Approach 2: Volume Price Analysis
1.7 List Of Secondary Sources
1.8 List Of Abbreviations
1.9 Objectives
1.9.1 Objective
1.9.2 Objective
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market Outlook
2.2 Segment Outlook
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market Lineage Outlook
3.1.1 Related/Ancillary Market Outlook
3.2 Market Segmentation
3.2.1 Analysis
3.3 Market Dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Rising Preference For Convenience Care
3.3.1.2 Increase In Federal Funding Fuels The Growth Of The Market
3.3.1.3 Increasing Disposable Income
3.3.2 Market Restraint Analysis
3.3.2.1 High Cost Of Services In Freestanding Emergency Departments
3.3.2.2 Stringent Regulations
3.4 Penetration & Growth Prospect Mapping
3.4.1 Penetration & Growth Prospect Mapping Analysis
3.5 Business Environment Analysis Tools
3.5.1 Porter’s Five Forces Analysis
3.5.1.1 Threat Of New Entrants: Low
3.5.1.2 Bargaining Power Of Buyers: Moderate
3.5.1.3 Competitive Rivalry: High
3.5.1.4 Threat Of Substitutes: High
3.5.1.5 Bargaining Power Of Suppliers: Moderate
3.5.2 Pest Analysis
3.5.2.1 Political & Legal
3.5.2.2 Economic
3.5.2.3 Technological
3.5.3 Major Deals & Strategic Alliances Analysis
3.5.3.1 Licensing & Partnerships And Technology Collaborations
3.5.3.2 Upcoming Freestanding Emergency Departments
CHAPTER 4 U.S. FREESTANDING EMERGENCY DEPARTMENT (FSED) MARKET: OWNERSHIP ANALYSIS
4.1 U.S. Freestanding Emergency Department (Fsed) Ownership Market Share Analysis, 2019 & 2027
4.2 U.S. Freestanding Emergency Department (Fsed) Ownership Market: Segment Dashboard:
4.3 Market Size & Forecasts And Trend Analyses, 2016 To 2027 For The Ownership Segment
4.3.1 Off-Campus Emergency Department
4.3.1.1 U.S. Off-Campus Emergency Department (Oced) Market, 2016 - 2027 (USD Million)
4.3.2 Independent Freestanding Emergency Department
4.3.2.1 U.S. Independent Freestanding Emergency Department (Ifsed) Market, 2016 - 2027 (USD Million)
CHAPTER 5 U.S. FREESTANDING EMERGENCY DEPARTMENT (FSED) MARKET: SERVICE ANALYSIS
5.1 U.S. Freestanding Emergency Department (Fsed) Service Market Share Analysis, 2019 & 2027
5.2 U.S. Freestanding Emergency Department (Fsed) Services Market: Segment Dashboard:
5.3 Market Size & Forecasts And Trend Analyses, 2016 To 2027 For The Services Segment
5.3.1 Emergency Department (Ed) Service
5.3.1.1 U.S. Emergency Department (Ed) Services Market, 2016 - 2027 (USD Million)
5.3.2 Imaging Service
5.3.2.1 U.S. Imaging Service Market, 2016 - 2027 (USD Million)
5.3.3 Laboratory Service
5.3.3.1 U.S. Laboratory Service Market, 2016 - 2027 (USD Million)
CHAPTER 6 U.S. FREESTANDING EMERGENCY DEPARTMENT (FSED) MARKET ANALYSIS
6.1 List Of Few Players In U.S.
6.2 Market Size, & Forecast, And Trend Analysis, 2016 To 2027
6.2.1 U.S.
6.2.1.1 Regulatory & Reimbursement Scenario
6.2.1.2 U.S. Freestanding Emergency Department (Fsed) Market, 2016 - 2027 (USD Million)
CHAPTER 7 COMPETITIVE ANALYSIS
7.1 Recent Developments & Impact Analysis, By Key Market Participants
7.2 Strategic Framework/ Competition Categorization (Key Innovators, Market Leaders, Emerging Players
7.3 Vendor Landscape
7.3.1 Company Market Position Analysis (Service Portfolio, Facilities, Capacity, Strategic Initiatives)
7.4 Company Profiles
7.4.1 Tenet Healthcare Corporation
7.4.1.1 Company Overview
7.4.1.2 Financial Performance
7.4.1.3 Services Benchmarking
7.4.1.4 Strategic Initiatives
7.4.1.5 Swot Analysis
7.4.2 Universal Health Services, Inc.
7.4.2.1 Company Overview
7.4.2.2 Financial Performance
7.4.2.3 Services Benchmarking
7.4.2.4 Swot Analysis
7.4.3 Community Health System
7.4.3.1 Company Overview
7.4.3.2 Financial Performance
7.4.3.3 Services Benchmarking
7.4.3.4 Strategic Initiatives
7.4.3.5 Swot Analysis
7.4.4 Hca Healthcare, Inc.
7.4.4.1 Company Overview
7.4.4.2 Financial Performance
7.4.4.3 Services Benchmarking
7.4.4.4 Strategic Initiatives
7.4.4.5 Swot Analysis
7.4.5 Legacy Lifepoint Health, Inc.
7.4.5.1 Company Overview
7.4.5.2 Financial Performance
7.4.5.3 Services Benchmarking
7.4.5.4 Strategic Initiatives
7.4.5.5 Swot Analysis
7.4.6 Ardent Health Services
7.4.6.1 Company Overview
7.4.6.2 Financial Performance
7.4.6.3 Services Benchmarking
7.4.6.4 Strategic Initiatives
7.4.6.5 Swot Analysis
7.4.7 Ascension Health
7.4.7.1 Company Overview
7.4.7.2 Financial Performance
7.4.7.3 Services Benchmarking
7.4.7.4 Strategic Initiatives
7.4.7.5 Swot Analysis
7.4.8 Adeptus Health, Inc.
7.4.8.1 Company Overview
7.4.8.2 Financial Performance
7.4.8.3 Services Benchmarking
7.4.8.4 Strategic Initiatives
7.4.8.5 Swot Analysis
7.4.9 Emerus
7.4.9.1 Company Overview
7.4.9.2 Financial Performance
7.4.9.3 Services Benchmarking
7.4.9.4 Strategic Initiatives
7.4.9.5 Swot Analysis
CHAPTER 8 RECOMMENDATIONS
1.1 Market Segmentation & Scope
1.1.1 Ownership
1.1.2 Services
1.1.3 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details Of Primary Research
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis
1.6.1.1 Approach 1: Commodity Flow Approach
1.6.2 Volume Price Analysis
1.6.2.1 Approach 2: Volume Price Analysis
1.7 List Of Secondary Sources
1.8 List Of Abbreviations
1.9 Objectives
1.9.1 Objective
1.9.2 Objective
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market Outlook
2.2 Segment Outlook
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market Lineage Outlook
3.1.1 Related/Ancillary Market Outlook
3.2 Market Segmentation
3.2.1 Analysis
3.3 Market Dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Rising Preference For Convenience Care
3.3.1.2 Increase In Federal Funding Fuels The Growth Of The Market
3.3.1.3 Increasing Disposable Income
3.3.2 Market Restraint Analysis
3.3.2.1 High Cost Of Services In Freestanding Emergency Departments
3.3.2.2 Stringent Regulations
3.4 Penetration & Growth Prospect Mapping
3.4.1 Penetration & Growth Prospect Mapping Analysis
3.5 Business Environment Analysis Tools
3.5.1 Porter’s Five Forces Analysis
3.5.1.1 Threat Of New Entrants: Low
3.5.1.2 Bargaining Power Of Buyers: Moderate
3.5.1.3 Competitive Rivalry: High
3.5.1.4 Threat Of Substitutes: High
3.5.1.5 Bargaining Power Of Suppliers: Moderate
3.5.2 Pest Analysis
3.5.2.1 Political & Legal
3.5.2.2 Economic
3.5.2.3 Technological
3.5.3 Major Deals & Strategic Alliances Analysis
3.5.3.1 Licensing & Partnerships And Technology Collaborations
3.5.3.2 Upcoming Freestanding Emergency Departments
CHAPTER 4 U.S. FREESTANDING EMERGENCY DEPARTMENT (FSED) MARKET: OWNERSHIP ANALYSIS
4.1 U.S. Freestanding Emergency Department (Fsed) Ownership Market Share Analysis, 2019 & 2027
4.2 U.S. Freestanding Emergency Department (Fsed) Ownership Market: Segment Dashboard:
4.3 Market Size & Forecasts And Trend Analyses, 2016 To 2027 For The Ownership Segment
4.3.1 Off-Campus Emergency Department
4.3.1.1 U.S. Off-Campus Emergency Department (Oced) Market, 2016 - 2027 (USD Million)
4.3.2 Independent Freestanding Emergency Department
4.3.2.1 U.S. Independent Freestanding Emergency Department (Ifsed) Market, 2016 - 2027 (USD Million)
CHAPTER 5 U.S. FREESTANDING EMERGENCY DEPARTMENT (FSED) MARKET: SERVICE ANALYSIS
5.1 U.S. Freestanding Emergency Department (Fsed) Service Market Share Analysis, 2019 & 2027
5.2 U.S. Freestanding Emergency Department (Fsed) Services Market: Segment Dashboard:
5.3 Market Size & Forecasts And Trend Analyses, 2016 To 2027 For The Services Segment
5.3.1 Emergency Department (Ed) Service
5.3.1.1 U.S. Emergency Department (Ed) Services Market, 2016 - 2027 (USD Million)
5.3.2 Imaging Service
5.3.2.1 U.S. Imaging Service Market, 2016 - 2027 (USD Million)
5.3.3 Laboratory Service
5.3.3.1 U.S. Laboratory Service Market, 2016 - 2027 (USD Million)
CHAPTER 6 U.S. FREESTANDING EMERGENCY DEPARTMENT (FSED) MARKET ANALYSIS
6.1 List Of Few Players In U.S.
6.2 Market Size, & Forecast, And Trend Analysis, 2016 To 2027
6.2.1 U.S.
6.2.1.1 Regulatory & Reimbursement Scenario
6.2.1.2 U.S. Freestanding Emergency Department (Fsed) Market, 2016 - 2027 (USD Million)
CHAPTER 7 COMPETITIVE ANALYSIS
7.1 Recent Developments & Impact Analysis, By Key Market Participants
7.2 Strategic Framework/ Competition Categorization (Key Innovators, Market Leaders, Emerging Players
7.3 Vendor Landscape
7.3.1 Company Market Position Analysis (Service Portfolio, Facilities, Capacity, Strategic Initiatives)
7.4 Company Profiles
7.4.1 Tenet Healthcare Corporation
7.4.1.1 Company Overview
7.4.1.2 Financial Performance
7.4.1.3 Services Benchmarking
7.4.1.4 Strategic Initiatives
7.4.1.5 Swot Analysis
7.4.2 Universal Health Services, Inc.
7.4.2.1 Company Overview
7.4.2.2 Financial Performance
7.4.2.3 Services Benchmarking
7.4.2.4 Swot Analysis
7.4.3 Community Health System
7.4.3.1 Company Overview
7.4.3.2 Financial Performance
7.4.3.3 Services Benchmarking
7.4.3.4 Strategic Initiatives
7.4.3.5 Swot Analysis
7.4.4 Hca Healthcare, Inc.
7.4.4.1 Company Overview
7.4.4.2 Financial Performance
7.4.4.3 Services Benchmarking
7.4.4.4 Strategic Initiatives
7.4.4.5 Swot Analysis
7.4.5 Legacy Lifepoint Health, Inc.
7.4.5.1 Company Overview
7.4.5.2 Financial Performance
7.4.5.3 Services Benchmarking
7.4.5.4 Strategic Initiatives
7.4.5.5 Swot Analysis
7.4.6 Ardent Health Services
7.4.6.1 Company Overview
7.4.6.2 Financial Performance
7.4.6.3 Services Benchmarking
7.4.6.4 Strategic Initiatives
7.4.6.5 Swot Analysis
7.4.7 Ascension Health
7.4.7.1 Company Overview
7.4.7.2 Financial Performance
7.4.7.3 Services Benchmarking
7.4.7.4 Strategic Initiatives
7.4.7.5 Swot Analysis
7.4.8 Adeptus Health, Inc.
7.4.8.1 Company Overview
7.4.8.2 Financial Performance
7.4.8.3 Services Benchmarking
7.4.8.4 Strategic Initiatives
7.4.8.5 Swot Analysis
7.4.9 Emerus
7.4.9.1 Company Overview
7.4.9.2 Financial Performance
7.4.9.3 Services Benchmarking
7.4.9.4 Strategic Initiatives
7.4.9.5 Swot Analysis
CHAPTER 8 RECOMMENDATIONS
LIST OF TABLES
TABLE 1 List of secondary sources
TABLE 2 List of abbreviation
TABLE 3 List of few players in U.S.
TABLE 4 U.S. FSED market, by ownership, 2016 - 2027 (USD Million)
TABLE 5 U.S. FSED market, by service, 2016 - 2027 (USD Million)
TABLE 1 List of secondary sources
TABLE 2 List of abbreviation
TABLE 3 List of few players in U.S.
TABLE 4 U.S. FSED market, by ownership, 2016 - 2027 (USD Million)
TABLE 5 U.S. FSED market, by service, 2016 - 2027 (USD Million)
LIST OF FIGURES
FIG. 1 Market research process
FIG. 2 Data triangulation techniques
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value-chain-based sizing & forecasting
FIG. 6 QFD modeling for market share assessment
FIG. 7 Market formulation & validation
FIG. 8 Market outlook (USD Million)
FIG. 9 Freestanding emergency department market segmentation
FIG. 10 Market trends & outlook
FIG. 11 Market driver relevance analysis (Current & future impact)
FIG. 12 Geriatric population in the U.S.
FIG. 13 Payer mix of the U.S. healthcare industry
FIG. 14 Market restraint relevance analysis (Current & future impact)
FIG. 15 Penetration & growth prospect mapping
FIG. 16 U.S. FSED ownership market share analysis, 2019 & 2027
FIG. 17 U.S. FSED ownership market: Segment dashboard
FIG. 18 U.S. OCED market, 2016 - 2027 (USD Million)
FIG. 19 U.S. IFSED, 2016 - 2027 (USD Million)
FIG. 20 U.S. FSED service market share analysis, 2019 & 2027
FIG. 21 U.S. FSED service market: Segment dashboard
FIG. 22 ED services market, 2016 - 2027 (USD Million)
FIG. 23 Imaging service market, 2016 - 2027 (USD Million)
FIG. 24 Laboratory service market, 2016 - 2027 (USD Million)
FIG. 25 U.S. Freestanding Emergency Department (FSED) market, 2016 - 2027 (USD Million)
FIG. 26 Strategy framework
FIG. 27 Strategy framework / Competition categorization
FIG. 28 Company market position analysis (service portfolio, strategic initiatives, geographic presence)
FIG. 1 Market research process
FIG. 2 Data triangulation techniques
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value-chain-based sizing & forecasting
FIG. 6 QFD modeling for market share assessment
FIG. 7 Market formulation & validation
FIG. 8 Market outlook (USD Million)
FIG. 9 Freestanding emergency department market segmentation
FIG. 10 Market trends & outlook
FIG. 11 Market driver relevance analysis (Current & future impact)
FIG. 12 Geriatric population in the U.S.
FIG. 13 Payer mix of the U.S. healthcare industry
FIG. 14 Market restraint relevance analysis (Current & future impact)
FIG. 15 Penetration & growth prospect mapping
FIG. 16 U.S. FSED ownership market share analysis, 2019 & 2027
FIG. 17 U.S. FSED ownership market: Segment dashboard
FIG. 18 U.S. OCED market, 2016 - 2027 (USD Million)
FIG. 19 U.S. IFSED, 2016 - 2027 (USD Million)
FIG. 20 U.S. FSED service market share analysis, 2019 & 2027
FIG. 21 U.S. FSED service market: Segment dashboard
FIG. 22 ED services market, 2016 - 2027 (USD Million)
FIG. 23 Imaging service market, 2016 - 2027 (USD Million)
FIG. 24 Laboratory service market, 2016 - 2027 (USD Million)
FIG. 25 U.S. Freestanding Emergency Department (FSED) market, 2016 - 2027 (USD Million)
FIG. 26 Strategy framework
FIG. 27 Strategy framework / Competition categorization
FIG. 28 Company market position analysis (service portfolio, strategic initiatives, geographic presence)
