U.S. Hospital Emergency Department Market Size, Share & Trends Analysis Report By Insurance Type (Medicare & Medicaid, Private), By Condition (Gastrointestinal, Cardiac, Infectious, Traumatic), And Segment Forecasts, 2022 - 2030
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U.S. Hospital Emergency Department Market Growth & Trends
The U.S. hospital emergency department market size is expected to reach USD 246.3 billion by 2030, registering a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Rising prevalence of diseases requiring immediate care such as cardiac arrest is expected to drive the growth of this market. Hospital Emergency Departments (EDs) are preferred by such individuals in need of emergency care due to the 24-hour availability of care over other medical centers. There has been an increase in the number of patients with acute psychiatric crises visiting hospital EDsin the last few years.
According to National Hospital Ambulatory Medical Care Survey, in 2018, there were around 1.15 million ED visits due to problems related to psychological and mental disorders. Furthermore, a total of 2.4 million ED visits occurred due to diseases of the nervous system. Neurologic emergencies include conditions such as stroke, migraine, Alzheimer's disease, and others. Stroke is a major contributor to ED visits, with around 795,000 individuals suffering a stroke annually. This is likely to increase the number of ER visits in the coming years.
To meet the high demand for EDs and create awareness, hospitals are adopting new technologies and conducting various business activities. For instance, in May 2019, Montefiore Medical Center installed communication systems in the emergency room, which facilitates prehospital communication between ED staff and first responders. Similarly, in July 2019, Clarion Hospital collaborated with Allegheny Health Network to bring Advanced Telestroke Services to its ED to treat patients suffering from stroke symptoms.
Moreover, there is a trend of adopting new treatment options, such as Artificial Intelligence (AI), and telehealth for emergency care of acute illnesses and injuries. For instance, in October 2020, Northwestern Memorial Hospital partnered with Caption Health to acquire Caption AI, the AI technology for ultrasound, for use in EDs. Such measures are expected to increase demand for emergency care due to growing awareness about the availability of accurate and quick treatment options and increasing adoption of new technologies.
The onset of the COVID-19 pandemic resulted in revenue loss for emergency departments in the United States, due to the substantial reductions in the number of ED visits. The decline in visits was largely due to people delaying treatment to avoid infection, a decrease in surgery volume, and social distancing restrictions. According to a study from researchers at Yale and the Mayo Clinic, ED visits declined by 41.5% (in Colorado) to 63.5% (in New York) in the year after the pandemic outbreak.
U.S. Hospital Emergency Department Market Report Highlights
U.S. Hospital Emergency Department Market Growth & Trends
The U.S. hospital emergency department market size is expected to reach USD 246.3 billion by 2030, registering a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Rising prevalence of diseases requiring immediate care such as cardiac arrest is expected to drive the growth of this market. Hospital Emergency Departments (EDs) are preferred by such individuals in need of emergency care due to the 24-hour availability of care over other medical centers. There has been an increase in the number of patients with acute psychiatric crises visiting hospital EDsin the last few years.
According to National Hospital Ambulatory Medical Care Survey, in 2018, there were around 1.15 million ED visits due to problems related to psychological and mental disorders. Furthermore, a total of 2.4 million ED visits occurred due to diseases of the nervous system. Neurologic emergencies include conditions such as stroke, migraine, Alzheimer's disease, and others. Stroke is a major contributor to ED visits, with around 795,000 individuals suffering a stroke annually. This is likely to increase the number of ER visits in the coming years.
To meet the high demand for EDs and create awareness, hospitals are adopting new technologies and conducting various business activities. For instance, in May 2019, Montefiore Medical Center installed communication systems in the emergency room, which facilitates prehospital communication between ED staff and first responders. Similarly, in July 2019, Clarion Hospital collaborated with Allegheny Health Network to bring Advanced Telestroke Services to its ED to treat patients suffering from stroke symptoms.
Moreover, there is a trend of adopting new treatment options, such as Artificial Intelligence (AI), and telehealth for emergency care of acute illnesses and injuries. For instance, in October 2020, Northwestern Memorial Hospital partnered with Caption Health to acquire Caption AI, the AI technology for ultrasound, for use in EDs. Such measures are expected to increase demand for emergency care due to growing awareness about the availability of accurate and quick treatment options and increasing adoption of new technologies.
The onset of the COVID-19 pandemic resulted in revenue loss for emergency departments in the United States, due to the substantial reductions in the number of ED visits. The decline in visits was largely due to people delaying treatment to avoid infection, a decrease in surgery volume, and social distancing restrictions. According to a study from researchers at Yale and the Mayo Clinic, ED visits declined by 41.5% (in Colorado) to 63.5% (in New York) in the year after the pandemic outbreak.
U.S. Hospital Emergency Department Market Report Highlights
- The private and others segment dominated the market in 2021 and is expected to register the highest CAGR from 2022 to 2030. An increasing number of people choosing private insurance is the primary factor driving the growth of the segment. For instance, according to National Hospital Ambulatory Medical Care Survey, for around 40,003 ED visits, the source of payment was private insurance in 2018
- The infectious condition segment accounted for the maximum market share in 2021. This growth can be attributed to an increasing number of ER visits during flu season. For instance, according to CDC National Hospital Ambulatory Medical Care Survey, in 2018, fever and cough accounted for a total of 5,837,000 and 4,955,000 emergency visits, respectively, in the U.S. Increasing hospitalizations due to infectious diseases is expected to favor segment growth
- In August 2019, Clarion Healthcare System, Inc. received a grant of USD 1 million from the Redevelopment Assistance Capital Projects program, which would be used for renovating the existing emergency room to expand the waiting room and add three exam rooms
CHAPTER 1 METHODOLOGY AND SCOPE
1.1 Market Segmentation & Scope
1.1.1 Estimates And Forecast Timeline
1.2 Research Objectives
1.2.1 Objective -
1.2.2 Objective -
1.2.3 Objective -
CHAPTER 2 RESEARCH METHODOLOGY
2.1 Information Procurement
2.1.1 Purchased Database:
2.1.2 Gvr’s Internal Database
2.1.3 Secondary Sources
2.1.4 Primary Research
2.2 Information or Data Analysis
2.3 Market Formulation & Validation
2.4 Model Details
2.4.1 Volume Price Analysis
2.5 List of Secondary Sources
2.6 List of Abbreviations
CHAPTER 3 EXECUTIVE SUMMARY
3.1 Market Outlook
3.2 Segment Outlook
3.2.1 Insurance Type
3.2.2 Condition
3.3 Competitive Insights
CHAPTER 4 MARKET VARIABLES, TRENDS & SCOPE
4.1 Market Lineage Outlook
4.1.1 Parent Market Outlook
4.1.2 Related/Ancillary Market Outlook
4.2 Market Dynamics
4.2.1 Market Driver Analysis
4.2.1.1 High number of emergency department visits
4.2.1.2 Availability of insurance
4.2.1.3 Growing initiatives by hospitals
4.2.2 Market Restraint Analysis
4.2.2.1 Overcrowded emergency departments with a prolonged waiting period
4.2.2.2 Rising preference for convenient care
4.2.3 Industry Challenges
4.2.3.1 Possible harm to patients due to lack of medical history
4.2.3.2 Duplicate testing costs and unnecessary testing costs
4.2.3.3 Staffing issues
4.2.4 Industry Opportunities
4.2.4.1 Increasing use of telehealth for emergency departments
4.3 Penetration & Growth Prospect Mapping
4.4 Business Environment Analysis Tools
4.4.1 Pestel Analysis
4.4.1.1 Political & legal landscape
4.4.1.2 Economic landscape
4.4.1.3 Social landscape
4.4.1.4 Technology landscape
4.4.2 Porter’s Five Forces Analysis
4.4.2.1 Competitive rivalry: High
4.4.2.2 Threat of new entrants: Moderate
4.4.2.3 Bargaining power of buyers: Low
4.4.2.4 Bargaining power of suppliers: Moderate
4.4.2.5 Threat of substitutes: Moderate
4.5 Impact of COVID-19: Qualitative Analysis
4.6 Regulatory Framework & Reimbursement Scenario
4.6.1 Regulatory Framework
4.6.2 Reimbursement Scenario
CHAPTER 5 U.S. HOSPITAL EMERGENCY DEPARTMENT MARKET: INSURANCE TYPE ANALYSIS
5.1 U.S. Hospital Emergency Department Market Share Analysis, 2021 & 2030
5.2 Segment Dashboard
5.2.1 Medicare & Medicaid
5.2.1.1 Medicare & Medicaid Insurance Market, 2017 - 2030 (USD Billion)
5.2.2 Private And Other Insurance
5.2.2.1 Private and other insurance market, 2017 - 2030 (USD Billion)
CHAPTER 6 U.S. HOSPITAL EMERGENCY DEPARTMENT MARKET: CONDITION ANALYSIS
6.1 U.S. Hospital Emergency Department Market Share Analysis, 2021 & 2030
6.2 Segment Dashboard
6.2.1 Infectious Conditions
6.2.1.1 Infectious Conditions Market, 2017 - 2030 (USD Billion)
6.2.2 Traumatic Conditions
6.2.2.1 Traumatic conditions market, 2017 - 2030 (USD Billion)
6.2.3 Gastrointestinal Conditions
6.2.3.1 Gastrointestinal conditions market, 2017 - 2030 (USD Billion)
6.2.4 Psychiatric Conditions
6.2.4.1 Psychiatric conditions market, 2017 - 2030 (USD Billion)
6.2.5 Cardiac Conditions
6.2.5.1 Cardiac conditions market, 2017 - 2030 (USD Billion)
6.2.6 Neurologic Conditions
6.2.6.1 Neurologic conditions market, 2017 - 2030 (USD Billion)
6.2.7 Other Conditions
6.2.7.1 Other conditions market, 2017 - 2030 (USD Billion)
CHAPTER 7 COMPETITIVE ANALYSIS
7.1 Recent Developments & Impact Analysis, by Key Market Participants
7.2 Competition Categorization
7.3 Vendor Landscape
7.3.1 Synergy Analysis: Major Deals & Strategic Alliances Analysis
7.3.1.1 Partnerships and facility expansion
7.3.1.2 List of few hospital emergency department providers
7.4 Company Market Position Analysis
7.5 Company Profiles
7.5.1 PARKLAND HEALTH & HOSPITAL SYSTEM
7.5.1.1 Company overview
7.5.1.2 Financial performance
7.5.1.3 Service benchmarking
7.5.1.4 Strategic initiatives
7.5.2 LAKELAND REGIONAL HEALTH
7.5.2.1 Company overview
7.5.2.2 Financial performance
7.5.2.3 Service benchmarking
7.5.3 ST. JOSEPH'S HEALTH
7.5.3.1 Company overview
7.5.3.2 Financial performance
7.5.3.3 Service benchmarking
7.5.3.4 Strategic initiatives
7.5.4 NATCHITOCHES REGIONAL MEDICAL CENTER
7.5.4.1 Company overview
7.5.4.2 Financial performance
7.5.4.3 Service benchmarking
7.5.4.4 Strategic initiatives
7.5.5 SCHOOLCRAFT MEMORIAL HOSPITAL
7.5.5.1 Company overview
7.5.5.2 Financial performance
7.5.5.3 Service benchmarking
7.5.6 CLARION HOSPITAL
7.5.6.1 Company overview
7.5.6.2 Service benchmarking
7.5.6.3 Strategic initiatives
7.5.7 USA HEALTH
7.5.7.1 Company overview
7.5.7.2 Financial performance
7.5.7.3 Service benchmarking
7.5.8 BAPTIST HEALTH SOUTH FLORIDA
7.5.8.1 Company overview
7.5.8.2 Financial performance
7.5.8.3 Service benchmarking
7.5.9 MONTEFIORE MEDICAL CENTER
7.5.9.1 Company overview
7.5.9.2 Financial performance
7.5.9.3 Service benchmarking
7.5.9.4 Strategic initiatives
7.5.10 LAC+USC MEDICAL CENTER
7.5.10.1 Company overview
7.5.10.2 Service benchmarking
1.1 Market Segmentation & Scope
1.1.1 Estimates And Forecast Timeline
1.2 Research Objectives
1.2.1 Objective -
1.2.2 Objective -
1.2.3 Objective -
CHAPTER 2 RESEARCH METHODOLOGY
2.1 Information Procurement
2.1.1 Purchased Database:
2.1.2 Gvr’s Internal Database
2.1.3 Secondary Sources
2.1.4 Primary Research
2.2 Information or Data Analysis
2.3 Market Formulation & Validation
2.4 Model Details
2.4.1 Volume Price Analysis
2.5 List of Secondary Sources
2.6 List of Abbreviations
CHAPTER 3 EXECUTIVE SUMMARY
3.1 Market Outlook
3.2 Segment Outlook
3.2.1 Insurance Type
3.2.2 Condition
3.3 Competitive Insights
CHAPTER 4 MARKET VARIABLES, TRENDS & SCOPE
4.1 Market Lineage Outlook
4.1.1 Parent Market Outlook
4.1.2 Related/Ancillary Market Outlook
4.2 Market Dynamics
4.2.1 Market Driver Analysis
4.2.1.1 High number of emergency department visits
4.2.1.2 Availability of insurance
4.2.1.3 Growing initiatives by hospitals
4.2.2 Market Restraint Analysis
4.2.2.1 Overcrowded emergency departments with a prolonged waiting period
4.2.2.2 Rising preference for convenient care
4.2.3 Industry Challenges
4.2.3.1 Possible harm to patients due to lack of medical history
4.2.3.2 Duplicate testing costs and unnecessary testing costs
4.2.3.3 Staffing issues
4.2.4 Industry Opportunities
4.2.4.1 Increasing use of telehealth for emergency departments
4.3 Penetration & Growth Prospect Mapping
4.4 Business Environment Analysis Tools
4.4.1 Pestel Analysis
4.4.1.1 Political & legal landscape
4.4.1.2 Economic landscape
4.4.1.3 Social landscape
4.4.1.4 Technology landscape
4.4.2 Porter’s Five Forces Analysis
4.4.2.1 Competitive rivalry: High
4.4.2.2 Threat of new entrants: Moderate
4.4.2.3 Bargaining power of buyers: Low
4.4.2.4 Bargaining power of suppliers: Moderate
4.4.2.5 Threat of substitutes: Moderate
4.5 Impact of COVID-19: Qualitative Analysis
4.6 Regulatory Framework & Reimbursement Scenario
4.6.1 Regulatory Framework
4.6.2 Reimbursement Scenario
CHAPTER 5 U.S. HOSPITAL EMERGENCY DEPARTMENT MARKET: INSURANCE TYPE ANALYSIS
5.1 U.S. Hospital Emergency Department Market Share Analysis, 2021 & 2030
5.2 Segment Dashboard
5.2.1 Medicare & Medicaid
5.2.1.1 Medicare & Medicaid Insurance Market, 2017 - 2030 (USD Billion)
5.2.2 Private And Other Insurance
5.2.2.1 Private and other insurance market, 2017 - 2030 (USD Billion)
CHAPTER 6 U.S. HOSPITAL EMERGENCY DEPARTMENT MARKET: CONDITION ANALYSIS
6.1 U.S. Hospital Emergency Department Market Share Analysis, 2021 & 2030
6.2 Segment Dashboard
6.2.1 Infectious Conditions
6.2.1.1 Infectious Conditions Market, 2017 - 2030 (USD Billion)
6.2.2 Traumatic Conditions
6.2.2.1 Traumatic conditions market, 2017 - 2030 (USD Billion)
6.2.3 Gastrointestinal Conditions
6.2.3.1 Gastrointestinal conditions market, 2017 - 2030 (USD Billion)
6.2.4 Psychiatric Conditions
6.2.4.1 Psychiatric conditions market, 2017 - 2030 (USD Billion)
6.2.5 Cardiac Conditions
6.2.5.1 Cardiac conditions market, 2017 - 2030 (USD Billion)
6.2.6 Neurologic Conditions
6.2.6.1 Neurologic conditions market, 2017 - 2030 (USD Billion)
6.2.7 Other Conditions
6.2.7.1 Other conditions market, 2017 - 2030 (USD Billion)
CHAPTER 7 COMPETITIVE ANALYSIS
7.1 Recent Developments & Impact Analysis, by Key Market Participants
7.2 Competition Categorization
7.3 Vendor Landscape
7.3.1 Synergy Analysis: Major Deals & Strategic Alliances Analysis
7.3.1.1 Partnerships and facility expansion
7.3.1.2 List of few hospital emergency department providers
7.4 Company Market Position Analysis
7.5 Company Profiles
7.5.1 PARKLAND HEALTH & HOSPITAL SYSTEM
7.5.1.1 Company overview
7.5.1.2 Financial performance
7.5.1.3 Service benchmarking
7.5.1.4 Strategic initiatives
7.5.2 LAKELAND REGIONAL HEALTH
7.5.2.1 Company overview
7.5.2.2 Financial performance
7.5.2.3 Service benchmarking
7.5.3 ST. JOSEPH'S HEALTH
7.5.3.1 Company overview
7.5.3.2 Financial performance
7.5.3.3 Service benchmarking
7.5.3.4 Strategic initiatives
7.5.4 NATCHITOCHES REGIONAL MEDICAL CENTER
7.5.4.1 Company overview
7.5.4.2 Financial performance
7.5.4.3 Service benchmarking
7.5.4.4 Strategic initiatives
7.5.5 SCHOOLCRAFT MEMORIAL HOSPITAL
7.5.5.1 Company overview
7.5.5.2 Financial performance
7.5.5.3 Service benchmarking
7.5.6 CLARION HOSPITAL
7.5.6.1 Company overview
7.5.6.2 Service benchmarking
7.5.6.3 Strategic initiatives
7.5.7 USA HEALTH
7.5.7.1 Company overview
7.5.7.2 Financial performance
7.5.7.3 Service benchmarking
7.5.8 BAPTIST HEALTH SOUTH FLORIDA
7.5.8.1 Company overview
7.5.8.2 Financial performance
7.5.8.3 Service benchmarking
7.5.9 MONTEFIORE MEDICAL CENTER
7.5.9.1 Company overview
7.5.9.2 Financial performance
7.5.9.3 Service benchmarking
7.5.9.4 Strategic initiatives
7.5.10 LAC+USC MEDICAL CENTER
7.5.10.1 Company overview
7.5.10.2 Service benchmarking
LIST OF TABLES
TABLE 1 List of secondary sources
TABLE 2 List of abbreviation
TABLE 3 U.S. hospital emergency department market, by insurance type, 2017 - 2030 (USD Million)
TABLE 4 U.S. hospital emergenc department market, by condition, 2017 - 2030 (USD Million)
TABLE 1 List of secondary sources
TABLE 2 List of abbreviation
TABLE 3 U.S. hospital emergency department market, by insurance type, 2017 - 2030 (USD Million)
TABLE 4 U.S. hospital emergenc department market, by condition, 2017 - 2030 (USD Million)
LIST OF FIGURES
FIG. 1 U.S. hospital emergency department market segmentation
FIG. 2 Market research process
FIG. 3 Information procurement
FIG. 4 Primary research pattern
FIG. 5 Market research approaches
FIG. 6 Value chain-based sizing & forecasting
FIG. 7 QFD modeling for market share assessment
FIG. 8 Market formulation & validation
FIG. 9 Market outlook, 2021 (USD Billion)
FIG. 10 Market trends & outlook
FIG. 11 Market driver relevance analysis (Current & future impact)
FIG. 12 Market restraint relevance analysis (Current & future impact)
FIG. 13 Penetration & growth prospect mapping
FIG. 14 U.S. hospital emergency department market: Insurance type movement analysis, (USD Billion)
FIG. 15 U.S hospital emergency department market: Insurance type segment dashboard
FIG. 16 Medicare & Medicaid insurance market, 2017 - 2030 (USD Billion)
FIG. 17 Private and other insurance market, 2017 - 2030 (USD Billion)
FIG. 18 U.S. hospital emergency department market: Condition movement analysis, (USD Billion)
FIG. 19 U.S hospital emergency department market: Condition segment dashboard
FIG. 20 Infectious conditions market, 2017 - 2030 (USD Billion)
FIG. 21 Traumatic conditions market, 2017 - 2030 (USD Billion)
FIG. 22 Gastrointestinal conditions market, 2017 - 2030 (USD Billion)
FIG. 23 Psychiatric conditions market, 2017 - 2030 (USD Billion)
FIG. 24 Cardiac conditions market, 2017 - 2030 (USD Billion)
FIG. 25 Neurologic conditions market, 2017 - 2030 (USD Billion)
FIG. 26 Other conditions market, 2017 - 2030 (USD Billion)
FIG. 27 Impact analysis by key market participants
FIG. 28 Competition categorization
FIG. 29 Company market position analysis
FIG. 1 U.S. hospital emergency department market segmentation
FIG. 2 Market research process
FIG. 3 Information procurement
FIG. 4 Primary research pattern
FIG. 5 Market research approaches
FIG. 6 Value chain-based sizing & forecasting
FIG. 7 QFD modeling for market share assessment
FIG. 8 Market formulation & validation
FIG. 9 Market outlook, 2021 (USD Billion)
FIG. 10 Market trends & outlook
FIG. 11 Market driver relevance analysis (Current & future impact)
FIG. 12 Market restraint relevance analysis (Current & future impact)
FIG. 13 Penetration & growth prospect mapping
FIG. 14 U.S. hospital emergency department market: Insurance type movement analysis, (USD Billion)
FIG. 15 U.S hospital emergency department market: Insurance type segment dashboard
FIG. 16 Medicare & Medicaid insurance market, 2017 - 2030 (USD Billion)
FIG. 17 Private and other insurance market, 2017 - 2030 (USD Billion)
FIG. 18 U.S. hospital emergency department market: Condition movement analysis, (USD Billion)
FIG. 19 U.S hospital emergency department market: Condition segment dashboard
FIG. 20 Infectious conditions market, 2017 - 2030 (USD Billion)
FIG. 21 Traumatic conditions market, 2017 - 2030 (USD Billion)
FIG. 22 Gastrointestinal conditions market, 2017 - 2030 (USD Billion)
FIG. 23 Psychiatric conditions market, 2017 - 2030 (USD Billion)
FIG. 24 Cardiac conditions market, 2017 - 2030 (USD Billion)
FIG. 25 Neurologic conditions market, 2017 - 2030 (USD Billion)
FIG. 26 Other conditions market, 2017 - 2030 (USD Billion)
FIG. 27 Impact analysis by key market participants
FIG. 28 Competition categorization
FIG. 29 Company market position analysis
