The First Responder market is in the midst of sea change in terms of adoption rates of new technologies that link legacy systems as well as implement next generation solutions. With public and private - initiatives, the growth opportunity is enormous for new technologies in the First Responder market.
Throughout the last decade, the First Responder market has witnessed occasional implementation of new technologies. Post 9/11, a renewed focus has been given to interoperable communications and other technologies that sync agencies and hospitals, as well as increase the efficiency, productivity, and communications capabilities of the First Responders. Though accessibility can prove difficult at times, a thrust of federal, state and local funding as well as organizational mandates are driving new growth in all types of technologies, from communications and monitoring devices to various other software and hardware systems.
New analysis from Frost & Sullivan (healthcare.frost.com), U.S. Markets for First Responders, reveals the niche market for Field Data Collection software to be approximately $52.5 million in 2004 and expects to reach $105.0 million in 2009.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the U.S. Markets for First Responders, then send an e-mail to Melina Trevino, Corporate Communications, at melina.trevino[.]frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. We will send you the information via email upon receipt of the above information.
“A wealth of software and hardware technologies and services is needed in the First Responder market,” says Frost & Sullivan Industry Analyst Steve Tobin. “For the first time in decades, public and private organizations are focusing their efforts in this area, providing tremendous growth opportunity for companies supplying the First Responder market.”
Typically, basic technologies have been implemented at the emergency medical services level. Traditionally, field emergency personnel utilize standard technologies during the regimented care of the patient, with paper reporting to the local and state agencies. However, a revolution is upon the First Responders market. Next Generation field data collection software, wireless monitoring devices, telemedicine capabilities, and other solutions provide a glimpse into the new technology that is now entering what has been a traditionalist market.
Companies are scrambling to serve the First Responder market. With high levels of funding and the idea that no single solution fits all needs, companies from all markets, such as software, communications, hardware, and services, are finding a plethora of revenue opportunity in the First Responder environment.
“Companies seeking to profit in the First Responders market must bring technologies and services that enhance the complete workflow for the emergency personnel” explains Tobin. “Offering only a single point solution will bring mild success.”
“Vendors must capture the diverse and broad-based potential for revenue opportunities in the First Responder market. From CAD systems to wireless applications, billions will be spent annually on the integration of legacy systems and the implementation of new productivity enhancing hardware, software, and services solutions.”
“The leading companies in the First Responder market will implement technologies and solutions that increase workflow efficiency, linking activities from the initial frontline patient care to the emergency department,” concludes Tobin.
U.S. Markets for First Responders, a part of the Healthcare Information Technologies subscription, provides an overview and outlook for the market. This study has been segmented into Market Overview, EMS Software Vendors, Telecommunications Overview, and Workflow Analysis. This research includes detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.
U.S. Markets for First Responders
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