U.S. Freestanding Emergency Department Market to Touch USD 8.78 Billion by 2032
The U.S. freestanding emergency department market size was exhibited at USD 5.34 billion in 2022 and is projected to hit around USD 8.78 billion by 2032, growing at a CAGR of 5.1% during the forecast period 2023 to 2032.
Key Takeaways:
U.S. Freestanding Emergency Department Market Report Scope
| Report Attribute | Details |
| Market Size in 2023 | USD 5.61 Billion |
| Market Size by 2032 | USD 8.78 Billion |
| Growth Rate From 2023 to 2032 | CAGR of 5.1% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Ownership, Service |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Key Companies Profiled | 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; Emerus |
The U.S. freestanding emergency department (FSED) market is majorly driven by overcrowding of the emergency departments at the hospitals, growing number of patients opting for immediate treatment options, and advanced healthcare infrastructure of the country.
Moreover, increasing number of injuries due to accidents and rising incidence of chest pain or disease like epilepsy and stroke, which require immediate attention, are driving the need for FSED in the country. With the provision of immediate care to the patient in urgent need, the number of deaths can be reduced, which generally happens while transferring a patient to the appropriate hospital.
Convenience care represents a spectrum of care delivery models including retail clinics, urgent care centers, and freestanding emergency departments. These departments represent a budding opportunity within healthcare services space. Increasing number of freestanding emergency departments can be attributed to location accessibility and treatment cost concerns by both public officials and consumers.
There are accessibility concerns due to overcrowding in hospital-based emergency rooms and a lack of convenient hospital locations. Cost pressure has resulted in the shift from inpatient, hospital-based care to less expensive outpatient settings. In general, these care centers are staffed by nurse practitioners and physician assistants and have the resources to provide basic screening and diagnostic services and treat low complexity conditions.
Services Insights
On the basis of services, the U.S. freestanding emergency department market is segmented into emergency department (ED) services, imaging services, and laboratory services. In 2022, ED services held the largest share in the service segment. Rising volume of injury-related visits, faster turnaround time, increasing preference for walk-in clinics among patients, and rising number of Medical Screening Exams (MSEs) recommended by the physicians to the ED visitors to determine the presence of any medical condition are some of the major factors driving the growth.
However, the imaging service segment is expected to witness the highest growth during the forecast period. Factors such as increased awareness about medical screening for concluding on the urgency of a medical condition, rise in the incidence of chronic but manageable diseases, and sufficient economic resources are contributing to the growth of the market for imaging service in the forthcoming years.
Ownership Insights
On the basis of ownership, the U.S. FSED market has been segmented into off-campus emergency departments (OCED) and independent freestanding emergency market (IFSED). The OCEDs are owned by the hospitals and independent IFSED are privately owned. OCEDs held the largest market share in 2022. Factors such as overcrowding of the hospital emergency department, rising burden of trauma cases, and increasing prevalence of stroke and other neurological disorders that need immediate attention are contributing to the growth.
Moreover, being designated under the CMS, high reimbursement is available for treatment being offered at the OCEDs. These facilities usually refer the patients back to the hospital, which it is affiliated to, for inpatient care. It is mandatory for OCEDs in the U.S. to comply with all federal regulations regarding emergency department operations, which include The Emergency Medical Treatment and Labor Act (EMTALA). Thus, it becomes compulsory for OCEDs to screen and stabilize medical emergencies of all patients, without taking their financial condition (patient’s ability to pay) into consideration. The OCED can be inspected voluntarily by the Joint Commission/CMS, but this inspection is not mandatory.
U.S. Freestanding Emergency Department Market Share Insights
Some of the key players operating in the market are Health Inc.; Adeptus Health; 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.
The market witnessed facility expansion through mergers and acquisitions by the key players, which combined various services together and thus, increased the overall market revenue. In February 2022, HCA Healthcare, Inc. completed the acquisition of Mission Health with which HCA planned to build a hospital for inpatient behavioral health in Asheville with 120 beds. In addition, the company planned to build a new replacement hospital Franklin, N.C. for Angel Medical Center and also plans to invest USD 232 million in the capital in Mission Health facilities.
In January 2020, HCA Healthcare, Inc. announced the acquisition of Valify, a technology company that offers a web-based platform to reduce the overall costs of health services. Valify’s technology platform is expected to help HCA in identifying opportunities to decrease costs.
Some of the prominent players in the U.S. Freestanding Emergency Department Market include:
Segments Covered in the Report
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the U.S. Freestanding Emergency Department market.
By Ownership
By Service
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 Nova one advisor 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
1.9.2 Objective 2
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, 2023 & 2032
4.2 U.S. Freestanding Emergency Department (FSED) Ownership Market: Segment Dashboard:
4.3 Market Size & Forecasts And Trend Analyses, 2020 To 2032 For The Ownership Segment
4.3.1 Off-Campus Emergency Department
4.3.1.1 U.S. Off-Campus Emergency Department (OCED) Market, 2020 - 2032
4.3.2 Independent Freestanding Emergency Department
4.3.2.1 U.S. Independent Freestanding Emergency Department (Ifsed) Market, 2020 - 2032
Chapter 5 U.S. Freestanding Emergency Department (FSED) Market: Service Analysis
5.1 U.S. Freestanding Emergency Department (FSED) Service Market Share Analysis, 2023 & 2032
5.2 U.S. Freestanding Emergency Department (FSED) Services Market: Segment Dashboard:
5.3 Market Size & Forecasts And Trend Analyses, 2020 To 2032 For The Services Segment
5.3.1 Emergency Department (Ed) Service
5.3.1.1 U.S. Emergency Department (Ed) Services Market, 2020 - 2032
5.3.2 Imaging Service
5.3.2.1 U.S. Imaging Service Market, 2020 - 2032
5.3.3 Laboratory Service
5.3.3.1 U.S. Laboratory Service Market, 2020 - 2032
Chapter 6 U.S. Freestanding Emergency Department (FSED) Market Analysis
6.1 List Of Few Players In the U.S.
6.2 Market Size, & Forecast, And Trend Analysis, 2020 To 2032
6.2.1 U.S.
6.2.1.1 Regulatory & Reimbursement Scenario
6.2.1.2 U.S. Freestanding Emergency Department (FSED) Market, 2020 - 2032
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
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers