North America to Grab Lion’s Share in the Tele-Intensive Care Unit Market

Thu, 07 May 2020 3:37

The Telemedicine Intensive care unit (ICU) is a novel approach for providing critical care services from a distance. Telemedicine improves the performance of intensive care units (ICU) by increasing access to healthcare professionals dedicated to treating patients from long distances, facilitating early recognition of physiological ailments, and allowing bedside service providers to implement routine evidence-based healthcare practices. The tele-ICUs are located in remote and rural areas with safe and efficient relocation of patients.

Tele-ICU plays a critical role in the effective management of ICUs as it reduces the transfer of diseases and minimizes hospital stay at lower costs. Apart from this, the growing demand for remote patient monitoring and the increasing geriatric population drive the tele-Intensive care unit market. As per the data published by the United Nations in 2017, approximately 960 million people are aged 60 and above across the globe, accounting for 13.0% of the global population.  

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Tele-Intensive Care Unit Market?

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Key Highlights

  • The tele-intensive care unit market was valued at USD 2,861.29 million in 2019 and is expected to grow with a CAGR of 17.2 % during the forecast period
  • The therapeutic tools segment is projected to hold the largest market share
  • North America leads the market on account of the presence of super-specialty hospitals, increased acceptance, and rising customer awareness
  • Asia-Pacific is projected to witness the fastest growth due to favorable government policies

Key Players

  • Advanced ICU Care
  • Inova
  • Banner Health
  • Philips (Visicu)
  • iMDsoft
  • InTouch health
  • UPMC Italy
  • INTeleICU
  • Apollo TeleHealth Services
  • TeleICU

Key Developments

  • In July 2018, Royal Philips launched Japan’s first telemedicine intensive care (eICU) program at Showa University Hospital and Showa Koto Toyosu Hospital, designed to enhance the outcomes of high-risk patients.
  • In January 2017, Philips showcased the eICU Program and launched CensusMosaic as part of its Tele-ICU software suite eCareManager at the 46th Critical Care Congress (SCCM).

Tele-Intensive Care Unit Market Segmentation

By Type

  • Centralized model
  • Decentralized model

By Component

  • Hardware
    • Computer system
    • Communication lines
    • Physiological monitors
    • Therapeutic devices
    • Video feed
    • Display panels
  • Software

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Central and South America and the Caribbean
  • The Middle East and Africa

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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