Global Tele-Intensive Care Market Analysis: Estimated Market Size And Growth Rate
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global tele-intensive care market is expected to grow from $4.56 billion in 2022 to $5.39 billion in 2023 at a compound annual growth rate (CAGR) of 18.3%. The tele-intensive care market size is expected to grow to $10.72 billion in 2027 at a CAGR of 18.7%.
Asia-Pacific was the largest region in the tele-intensive care market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period.
Tele-Intensive Care Market Driver
The rising frequency of chronic diseases is propelling the tele-intensive care market forward. Chronic diseases are umbrella names for a vast set of diseases that can affect any portion of the body and subsequently invade neighbouring sections of the body and progress to other organs, ultimately leading to death. Tele-intensive care is used in a variety of settings, including continuous monitoring, long-distance device assessment and management (pacemakers, defibrillators), and chronic patient monitoring. Cancer, for example, is a primary cause of death worldwide, accounting for almost 10 million fatalities in 2020, or nearly one in every six deaths, according to the World Health Organisation, a Swiss-based organisation. As a result, the rising frequency of chronic diseases in the population is predicted to move the tele-intensive care industry ahead.
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Prominent Tele-Intensive Care Market Trend
Technological progress is a crucial trend that is gaining traction in the tele-intensive care sector. Major market players are focusing their efforts on developing innovative technologies for healthcare systems in order to give patients with better and more advanced amenities. Wipro GE Healthcare, an India-based joint venture between General Electric Company and Wipro Enterprises Limited, for example, introduced the remote monitoring solution for Tele-ICU, as well as the Centricity High Acuity Critical Care Solution (CHA-CC), in August 2021, 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 allow healthcare professionals to remotely consult and care for severely ill patients.
Tele-Intensive Care Market Prominent Players
Major players in the tele-intensive care market are INTeLeICU, Philips (VISICU), Apollo TeleHealth Services, Inova, Advanced ICU Care, the University of Pittsburgh Medical Center (UPMC), Banner Health, Eagle Telemedicine, Cerner Corporation, SOC Telemed, Teleicucare, iMDsoft, CEIBA-TELEICU, and Mid-Atlantic Telehealth Resource Center.
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Key Tele-Intensive Care Market Segments
The global tele-intensive care market is segmented –
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
The Tele-Intensive Care Global Market Report 2023 provides a comprehensive overview on the tele-intensive care market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the tele-intensive care market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
View More Related Reports –
Telehealth Global Market Report 2023
Telemedicine Services Global Market Report 2023
Teleradiology Global Market Report 2023
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