Global Emergency Medical Services Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Emergency Medical Services Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Emergency Medical Services Software market finds that the global Emergency Medical Services Software market reached a value of USD 312.5 million in 2022. It’s expected that the market will achieve USD 473.75 million by 2028, exhibiting a CAGR of 7.18% during the forecast period.

Market Drivers

Pre-hospital medical emergency is an important part of health and health care, and plays an important role in medical emergency, major event protection and emergency rescue of unexpected public events. Therefore, for medical and health institutions, the speed of information acquisition in emergency centers directly affects whether critical patients can get the best treatment in a shorter period of time.

The pre-hospital emergency information construction of medical emergency centers can not only enable hospital managers and clinical users at all levels to quickly, timely and accurately grasp the information needed for emergency treatment, but also make correct medical decisions by acquiring information. However, the pre-hospital emergency information system does not exist in isolation and singularly, but has to be seamlessly connected with the hospital information system and information platform, which to a certain extent raises the requirements of information construction, and each information platform should not only unify and standardize the codes and interfaces, but also cover the information for disease types to meet the needs of pre-hospital emergency work and fully realize the value of pre-hospital emergency information construction in medical emergency centers.

On the other hand, the organizational structure of emergency medical services and the way of providing services vary greatly from place to place. Emergency medical services can be provided by fire departments, or by hospitals, public health agencies, non-profit organizations, or commercial for-profit organizations. There are currently over 20,000 EMS agencies in operation in the United States. The number of emergency agencies also means many different ways of doing things, types of patient records, common phrases and ideas for collecting and sharing data.

Already many EMS and fire departments are moving from a hodgepodge of radio dispatch, phone call and handwriting record keeping to EMS software that provides an all-in-one solution. The adoption of EMS software has reduced lost records and increased response times to emergencies. The need for EMS providers at all levels to improve their own efficiency will fuel the growth of the emergency medical services software market.

Market Challenges and Impact

People are afraid to go to the hospital during a pandemic, including refusing to go to the emergency room for time-sensitive conditions and being hesitant about elective procedures. In addition, there is the potential for government mandated closures around elective procedures, further reducing hospital revenue streams. From emergency facilities on the verge of closure, to staffing challenges, to continued pressure on families and providers, COVID-19 will continue to put pressure on facilities of all sizes. In addition, government healthcare budgets will be negatively impacted and COVID-19 will continue to place a burden on EMS resources. On the other hand, the pandemic has driven demand for emergency medical services software from EMS providers, and both this COVID-19 and the 2003 SARS epidemic have brought great stimulus to healthcare informatics, promoting the development of various segments of the healthcare informatics industry, on the other hand, it has driven the introduction of healthcare information technology policies. The change in population centers from urban to suburban and rural areas due to the pandemic will increase the pressure on smaller providers to provide the same level of service that the migrating population is accustomed to. Understanding and properly managing available resources is critical to ensuring the safety and well-being of healthcare providers. This includes the need to have access to real-time data at the community, regional and local levels to ensure the right tools are in the right place at the right time to be most effective. Many hospitals will continue to experience the uncertain impact of an increase in COVID-19 patients, particularly in the first quarter of 2021, coupled with the intermittent and unpredictable need to eliminate elective procedures in order to preserve capacity. The need for greater access to data, data standardization, and cross-system collaboration to adequately respond to emergencies and large-scale events is even more evident.

Region Overview:

Americas had the highest growth rate of all regions.

Company Overview:

The top three companies are ESO, ImageTrend and ZOLL with the revenue market share of 13.37%, 8.63% and 6.05% in 2019.

ESO has been a pioneer in electronic patient care records (ePCR) software for emergency medical services, fire departments and ambulance services. ESO serves EMS agencies, fire departments, hospitals, and state EMS offices throughout the U.S. The company delivers the software and data solutions on the market, including the industry-leading ESO Electronic Health Record (EHR); ESO Health Data Exchange (HDE), the first-of-its-kind healthcare interoperability platform; record management system (RMS) for fire departments; and ambulance revenue recovery/billing software.

ImageTrend, Inc. is dedicated to connecting life's most important data in the healthcare and emergency response community. ImageTrend delivers software solutions, data analytics and services for EMS, hospitals, community paramedicine (CP), critical care, fire, and preparedness to enable fully integrated patient-centric healthcare and public safety.

Segmentation Overview:

Among different product types, Billing segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Hospital and Clinic segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Emergency Medical Services Software market covered in Chapter 3:

MRESnet
MP Cloud Technologies
ImagineSoftware
Change Healthcare
AIM
Digitech Computer
CentralSquare CAD
ImageTrend
ZOLL
ESO
Alert PSS
Traumasoft
ADSi CAD

In Chapter 4 and Chapter 14.2, on the basis of types, the Emergency Medical Services Software market from 2018 to 2029 is primarily split into:

Billing
CAD
EPCR
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Emergency Medical Services Software market from 2018 to 2029 covers:

Hospital and Clinic
Government and NPO
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)