Tele-Intensive Care Global Market Report 2022

“Tele-Intensive Care Global Market Report 2022 ” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global tele-intensive care market.

This report focuses on tele-intensive care market which is experiencing strong growth. The report gives a guide to the tele-intensive care market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

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Where is the largest and fastest growing market for the tele-intensive care? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Tele-Intensive Care market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider tele-intensive care market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.

• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.

• Market segmentations break down market into sub markets.

• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.

• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

• The tele-intensive care market section of the report gives context. It compares the tele-intensive care market with other segments of the tele-intensive care market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, tele-intensive care indicators comparison.

Scope

Markets Covered:

• 1) By Type: Centralized Models; Decentralized Models; Other Types

• 2) By Component: Hardware Computer System; Software

• 3) By Type of Management: Intensivist; Open; Co-Managed; Open with Consultant; Other Management Types

• Companies Mentioned: INTeLeICU; Philips (VISICU); Apollo TeleHealth Services; Inova; Advanced ICU Care

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the tele-intensive care market are: INTeLeICU, Philips (VISICU), Apollo TeleHealth Services, Inova, Advanced ICU Care, University of Pittsburgh Medical Center (UPMC), Banner Health, Eagle Telemedicine, Cerner Corporation, SOC Telemed, Teleicucare, iMDsoft, CEIBA-TELEICU, and Mid-Atlantic Telehealth Resource Center.

The global tele-intensive care market is expected to grow from $3.12 billion in 2021 to $4.54 billion in 2022 at a compound annual growth rate (CAGR) of 45.4%. The tele-intensive care market is expected to grow to $8.46 billion in 2026 at a CAGR of 16.8%.

The tele-intensive care market consists of sales of tele-intensive care by entities (organizations, sole traders, and partnerships) that refer to a telemedicine technology used in an intensive care unit (ICU) setting. Tele-intensive care is defined as remote technology that connects patients in distance intensive care units (ICUs) through real-time audio, visual, and electronic means, through which health information is exchanged from one site to another via electronic communications to track a patient's clinical health status with off-site clinical resources. In order to improve clinical outcomes in patients' health conditions remotely, it involves offering care to critically ill patients and successfully treating ICU patients.

The main types of tele-intensive care are centralized models, decentralized models, and others. The centralized model market consists of the sale of tele-intensive care that is used for critical care and full-time bedside care. Centralized models Tele-Intensive Care is the presence of integrated clinical information systems and analytics to improve mortality and length of stay as well as staff acceptance for patient populations. The various types of components include hardware, computer systems, and software that are majorly adopted by various types of management such as intensivist, open, co-managed, open with a consultant, and others

Asia Pacific was the largest region in the tele-intensive care market in 2021. Asia Pacific is expected to be the fastest growing regon in the forecast period. The regions covered in the tele-intensive care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The tele-intensive care market research report is one of a series of new reports from The Business Research Company that provides tele-intensive care market statistics, including tele-intensive care industry global market size, regional shares, competitors with a tele-intensive care market share, detailed tele-intensive care market segments, market trends and opportunities, and any further data you may need to thrive in the tele-intensive care industry. This tele-intensive care market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The increase in the prevalence of chronic diseases is driving the growth of the tele-intensive care market. Chronic diseases are generic terms for a large group of diseases that can affect any part of the body, which can then invade adjoining parts of the body and spread to other organs, leading to causes of death. Tele-intensive care is utilized in continuous monitoring, long-distance device assessment and management (pacemakers, defibrillators), and chronic patient monitoring, among others. For instance, according to the World Health Organization, a Switzerland-based agency, cancer is a leading cause of death worldwide, accounting for nearly 10 million deaths in 2020, or nearly one in six deaths. Therefore, the increase in the prevalence of chronic diseases among the population is expected to propel the growth of the tele-intensive care market going forward.

Technological advancement is a key trend gaining popularity in the tele-intensive care market. Major market players are concentrating their efforts on creating innovative technologies for healthcare systems in order to provide better and more advanced facilities to patients. For example, in August 2021, Wipro GE Healthcare, an India-based joint venture between General Electric Company and Wipro Enterprises Limited, introduced the remote monitoring solution for Tele-ICU, along with the Centricity High Acuity Critical Care Solution (CHA-CC) to connect Intensive Care Units (ICUs) in hospitals for managing and caring for patients across ICUs in a single hospital building as well as spread across locations. This technology will help healthcare professionals provide advanced consultation and care to their critically ill patients remotely.

In July 2020, DISH Network Corporation, a US-based telemedicine and virtual healthcare company, acquired InTouch Health for a deal amount of $154.6 million. The acquisition is intended to strengthen the businesses by connecting the care experience across in-patient, outpatient, and home care settings, ensuring greater access to high-quality care and better health outcomes. InTouch Health is a US-based company operating in virtual care hospitals and health systems across the globe.

The countries covered in the tele-intensive care market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.