[313 Pages Report] Arizton published the latest research report, “Tele-Intensive Care Unit (ICU) Market – Global Outlook and Forecast 2022-2027”, Industry Trends, Growth, Opportunity Company Analysis. The global tele-ICU market was valued at $2.1 billion in 2021.
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Market Overview
In the face of a mounting crisis, hospitals worldwide are grappling with a scarcity of critical care specialists, placing an immense burden on healthcare systems. Particularly, small rural hospitals face significant challenges in recruiting and retaining critical care professionals, exacerbating the strain on critical care centers, especially during holidays and weekends.
Tele-ICU emerges as a promising and practical solution that holds the potential for both clinical and economic viability in developing countries. By leveraging telemedicine technologies, remote critical care consultations, and virtual monitoring, Tele-ICU presents a viable strategy to augment healthcare infrastructure in resource-limited settings.
Addressing the critical care crisis demands immediate attention and collaborative efforts to ensure accessible and quality-intensive care for all. The pressing need to attract and retain critical care specialists and explore telemedicine solutions will play pivotal roles in alleviating the strain on hospitals and improving critical care outcomes worldwide.
As the global healthcare landscape navigates the challenges of a critical care shortage, concerted actions are imperative to build a resilient healthcare system that guarantees complete and timely access to intensive care when it matters most.
Global Tele-ICU Market Report Scope
Report Attributes | Details |
Market Size (2027) | USD 6.3 Billion |
Market Size (2021) | USD 2.1 Billion |
CAGR (2022-2027) | 19.69% |
Base Year | 2021 |
Forecast Year | 2022-2027 |
Market Segmentation | Model, Component, Patient Group, and Hospital Type |
Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
Countries Covered | The US, Canada, Germany, France, the UK, Italy, Spain, Japan, China, India, Australia, South Korea, Brazil, Mexico, Argentina, Turkey, Saudi Arabia, South Africa, and the UAE |
Market Dynamics |
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Impact of COVID-19
- The global COVID-19 outbreak has underlined the crucial role that modern technology can play in critical care in the twenty-first century.
- The COVID‐19 pandemic has exhausted healthcare systems, emphasizing ICU bed capacity burdens, specifically in outbreak hotspots. ICU beds are necessary to treat the sickest COVID‐19 patients and are always the subject of bed capacity concerns.
- Due to the adoption of the Tele-Intensive Care Unit, clinicians can now treat critically ill COVID-19 patients without exposing themselves or others around them to the highly contagious disease.
- It has also provided smaller regional hospitals unprecedented access to high-quality intensive care management from critically qualified specialists. The COVID-19 pandemic has also brought attention to the acute shortage of critical care physicians, which was already a concern before the epidemic.
- The situation was disastrous in some metropolitan hospitals and worsened in many regional hospitals. These small hospitals lack the expertise to treat complex and critically ill patients and usually transfer such patients to more extensive facilities with the right equipment and personnel.
- Amidst the COVID‐19 outbreak, intensive care unit telemedicine is essential to facilitate high‐quality patient care, particularly in rural parts of the US.
- Tele Intensive Care Unit networks in rural areas are often set up in a hub-and-spoke model. Central hub hospitals host many resources virtually deployed to multiple-spoke hospitals requiring critical care services.
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Increased ICU Admission & Overcrowding Encouraging Tele-ICU Use
The rising cost and strain on healthcare resources associated with admissions to Intensive Care Units (ICUs) have prompted a need for accurate population estimates of ICU admission rates. Such estimates can be crucial in disaster planning, training appropriate ICU staff, and implementing policy interventions to reduce low-value or non-priority admissions.
More than 5 million patients in the US undergo ICU admissions each year, seeking intensive care or invasive monitoring. While ICU patients encompass a diverse range of conditions, they share a common need for frequent assessments and a higher demand for technical support than patients in non-ICU beds. This inherent need for specialized care and support presents significant opportunities for vendors to capitalize on market growth.
As healthcare providers strive to meet the evolving demands of critical care, there is a growing need for innovative solutions that enhance patient outcomes, improve efficiency, and optimize resource utilization. Vendors operating in the healthcare sector are poised to seize these opportunities by offering advanced technologies, equipment, and services tailored to the unique requirements of tele ICUs.
With a heterogeneous population comprising patients with varying medical needs, the ICU market offers a diverse landscape for vendors to showcase their expertise and deliver specialized solutions. By aligning their offerings with the evolving demands of ICU settings, vendors can play a pivotal role in revolutionizing critical care delivery and driving positive patient outcomes.
As the healthcare industry recognizes the need for accurate population estimates and efficient resource allocation, the market for tele ICU-related products and services is set to experience significant growth. Vendors who position themselves strategically and offer innovative, high-quality solutions will be well-positioned to thrive in this expanding market.
With the critical role that tele ICUs play in patient care and the increasing demand for specialized support, the tele – ICU market presents a promising avenue for vendors to expand their reach, positively impact healthcare delivery, and contribute to improved patient outcomes.
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Market Segmentation
Model: Centralized, Decentralized, and Hybrid
Component: Hardware, Service, and Software
Patient Group: Adult Patients and Neonatal & Pediatric Patients
Hospital Type: System Affiliated Hospitals and Independent Hospitals
Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Key Vendors
- Apollo TeleHealth
- Eagle Telemedicine
- GE Healthcare
- Hicuity Health
- Intercept Telemed
- Koninklijke Philips
- SOC Telemed
- Teladoc health.
- Avel eCare
- Ceiba Health
- CLEW
- Cloudphysician
- CritiNext
- iMDsoft
- RemoteICU
- Sri Laxmi Kravia Techlabs
- VeeOne Health
- eNext ICU
- Inova
- T-ICU
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