Global Tele Intensive Care Unit Market
Healthcare Services

Tele Intensive Care Unit Market Forecast 2023-2027 By The Business Research Company

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 Business Research Company’s tele intensive care unit market report forecasts the tele intensive care unit market size to grow to $8.80 Billion by 2027, with a CAGR (compound annual growth rate) of 18%.

Learn More On The Tele Intensive Care Unit Market Report 2023 – https://www.thebusinessresearchcompany.com/report/tele-intensive-care-unit-global-market-report

Tele Intensive Care Unit Market Size Forecast
The global tele intensive care unit market is expected to grow from $3.83 billion in 2022 to $4.53 billion in 2023 at a compound annual growth rate (CAGR) of 18.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The tele intensive care unit market size is expected to reach $8.80 billion in 2027 at a CAGR of 18.0%.

North America held the largest tele intensive care unit market share.

Key Tele Intensive Care Unit Market Driver ­– Increase In The Number Of Cases Of Medication Errors
For instance, in July 2022, according to an article published by the National Institutes of Health (NIH), a US-based biomedical research agency, medication errors cause 7,000–9,000 fatalities annually in the United States. Over 7 million patients are affected and treating patients with medication-related errors costs more than $40 billion annually. Therefore, an increase in the number of cases of medication errors is driving the growth of the tele-intensive care unit market.

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Key Tele Intensive Care Unit Market Trend – Technological Advancement
companies operating in the market are introducing CLEW’s platform, which works on AI-based technology, to sustain their position in the market. For instance, in March 2020, CLAW Medical, an Israel-based company that provides big data health care information services, launched the predictive analytics platform CLEW, which is an AI-based tele-ICU to support COVID-19 patients. This platform uses artificial intelligence (AI)-based predictive analytics to exponentially expand ICU capacity and resources. It also uses algorithms to identify respiratory deterioration in advance, which enables early interventions that might change the clinical outcome, especially in COVID-19 patients. This enables medical personnel to assess disease severity from a distance using a command center.

Tele Intensive Care Unit Market Segment
1) By Type: Centralized Models, Decentralized Models, Other Models
2) By Type Of Management: Intensivist, Open, Co-Managed, Open With Consultants, Other Type Of Management
3) By Component: Hardware, Software
4) By End User: Hospitals, Clinics, Other End Users

Tele Intensive Care Unit Market Major Players and Strategies
Major players in the tele intensive care unit market are Hicuity Health, Banner Health, Teladoc Health Inc., Koninklijke Philips NV, University of Pittsburgh Medical Center, Inova Health System, INTeleICU, Apollo TeleHealth, Eagle Telemedicine, SOC Telemed, iMDsoft, CEIBA Tele ICU, CLEW Medical, Intercept Telemed, General Electric Company, and Cloudphysician Healthcare.

In July 2020, Teladoc Health, Inc., a US-based telemedicine and virtual healthcare company, acquired InTouch Health for $600 million. Through this acquisition, Teladoc would enhance innovative telehealth capabilities and will ensure more access to high-quality care and improved health outcomes by connecting the care experience across in-patient, outpatient, and home care settings. InTouch Health is a US-based company that specializes in remote patient monitoring and virtual care of patients.

The Tele Intensive Care Unit Global Market Report 2023 covers regional data on tele intensive care unit market size, tele intensive care unit market trends and drivers, opportunities, strategies, and tele intensive care unit market competitor analysis. The countries covered in the tele intensive care unit 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.

Tele-intensive care refers to the use of telecommunications infrastructure to deliver consultations and enables off-site clinicians to consult on patient care through interaction with bedside workers. It helps to collect and monitor patient health data for real-time monitoring of disease slowdown, diagnostics, and long-term treatment.

View More Reports Related To The Tele Intensive Care Unit Market –
Tele-Intensive Care Global Market Report 2023
Telehealth Global Market Report 2023
Ventilators Global Market Report 2023

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