Tele-Intensive Care Services Market Segment Forecast Up to 2033


Posted January 4, 2024 by MadhuraTBRC

Global tele-intensive care market size is expected to reach $13.9 bn by 2028 at a rate of 20.9% segmented as by type, centralized models, decentralized models, other types
 
The Tele-Intensive Care Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).


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

According to The Business Research Company’s Tele-Intensive Care Global Market Report 2024, The tele-intensive care market size has grown rapidly in recent years. It will grow from $5.49 billion in 2023 to $6.51 billion in 2024 at a compound annual growth rate (CAGR) of 18.5%. The growth in the historic period can be attributed to aging population, shortage of intensive care specialists, rural healthcare access, reduced healthcare costs, real-time monitoring..

The tele-intensive care market size is expected to see exponential growth in the next few years. It will grow to $13.9 billion in 2028 at a compound annual growth rate (CAGR) of 20.9%. The growth in the forecast period can be attributed to global health crises, chronic disease management, remote patient monitoring, telemedicine regulations, healthcare infrastructure development. Major trends in the forecast period include ai and predictive analytics, telehealth integration, virtual reality (vr) simulations, tele-icu for home healthcare, mobile tele-icu apps..

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 Australian Government, in 2020-21, nearly half of Australians of all ages (46.6 %) had one or more chronic conditions, and almost 1 in 5 (18.6 %) had two or more chronic conditions. 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.

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The tele-intensive care market covered in this report 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



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.


Major Players:


Apollo TeleHealth Services Pvt. Ltd.
Banner Health System
Ceiba Tele ICU
Cerner Corporation
Eagle Telemedicine


The tele-intensive care market report table of contents includes:

1. Executive Summary
2. Tele-Intensive Care Market Characteristics
3. Tele-Intensive Care Market Trends And Strategies
4. Tele-Intensive Care Market - Macro Economic Scenario
5. Global Tele-Intensive Care Market Size and Growth
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27. Tele-Intensive Care Market Competitive Landscape And Company Profiles
28. Tele-Intensive Care Market Key Mergers And Acquisitions
29. Tele-Intensive Care Market Future Outlook and Potential Analysis
30. Appendix

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Issued By tbrc
Country United Kingdom
Categories Biotech
Last Updated January 4, 2024