Tele Intensive Care Units Market Size And Forecast
According to Ozone Market Reports, the Global Tele Intensive Care Units Market was valued at USD 1.94 Billion in 2018 and is projected to reach USD 6.25 Billion by 2026, growing at a CAGR of 14.28% from 2019 to 2026.
The latest survey on Global Tele Intensive Care Units Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trend in Tele Intensive Care Units Market. The report bridges the historical data from 2013 to 2018 and forecasted till 2026. The report aims to present the analysis of Global Tele Intensive Care Units Market By Product Type, By Component, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.
What Is Tele Intensive Care Unit?
In hospitals, Intensive Care Units (ICU) has become a key element. These are units where the fragile and complex patients are treated. Such patients require specialized doctors and intensivists (nurses). Tele-ICU is an emerging technology wherein the ICU patients are monitored by the command center comprising of critical care doctors and intensivists through audio-visual communication and computer systems. The specialists can communicate by voice and can also receive images, pictures and clinical data of the patient through a television system. Tele-ICUs overcomes barriers such as - different time zones, remote locations, patients in conflict areas, and lack of doctors. Additionally, it eliminates the patient’s stay in hospital and extra treatment cost borne by the patient. Tele-ICUs can provide healthcare to multiple ICUs simultaneously in a real-time scenario.
Global Tele Intensive Care Units Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
In Tele-ICU, command center monitor and exchange health information to the patients. According to studies, it has been found that Tele-ICUs have allowed maximum ICU patient management, therefore reducing mortality rates and patient’s length of stay (LOS). The market for Tele-ICU is growing rapidly as it overcomes several barriers such as –remote locations, time zones, lack of doctors, and conflict areas. The market demand is increasing as it is capable of handling more ICU beds. The number of ICU patients is increasing worldwide due to the growing geriatric population and therefore is helping to expand the market. But there are several barriers to the market such as – high installation, operation and training costs, and the physician fees are not reimbursed by the insurers.
Ozone Market Reports narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Tele Intensive Care Units Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Tele Intensive Care Units Market Competitive Landscape
The “Global Tele Intensive Care Units Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Advanced ICU Care, Banner Health, Eagle Telemedicine, InTouch Technologies Inc., iMD Soft, INTeLeICU. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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