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The global tele-ICU market is expected to grow at a CAGR of 16.3% during the period 2022-2027.
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The market for tele-ICUs (also Electronic Intensive Care Unit or eICU) is expected to be driven by an ageing population, increase in chronic illnesses and co-morbidities, challenges faced by existing ICUs, need to manage pandemic like situations, and advancements in technology and digitization. The last ten years have seen considerable growth in tele-ICUs, not only in USA and Europe, but across the globe. In the USA, there is a scarcity of intensivists, and with the growing number of geriatric patients, the demand is expected to only rise. According to analyst reports, hospitals with dedicated intensivists experienced decreased ICU mortality and average length of stay. In the USA, tele-ICU programs enabled busy hospitals during the COVID-19 pandemic by providing care for patients while reducing risk of infection and the use of personal protective equipment. However, challenges associated with ICU services underscore the necessity of exchange of health information via off-site ICU centres.
Tele-ICU refers to the exchange and use of health data from one hospital critical care unit to another through electronic communication. This enables the provision of services to several care centres (even at different locations) in real time. The tele-ICU comprises an off-site command centre with a critical care team (intensivists and nurses) in contact with patients in a remote ICU through real-time audio, video and electronic resources. This arrangement enables exchange of real time data between the bedside team and the offsite tele-ICU intensivists, detection of any patient instability and laboratory anomalies, ordering of diagnostic tests, diagnosis, and ordering of treatment or implementation of interventions by controlling life support machines.
Tele-ICUs assume great significance in a pandemic like situation, such as the COVID-19 outbreak. To begin with, tele-ICUs can facilitate patient screening and control triage into COVID units. Panic among healthcare workers can sometimes lead to inefficient triage, and the healthcare system might be overburdened by unwarranted admissions during pandemics. This can be mitigated with the help of a remote specialist. Further, professional tele-ICU staff can deliver clear instructions on the need for testing of admitted patients and act as an infection-control resource hub for bedside caregivers. A very important benefit of tele-ICU is the capacity it makes available to closely monitor patients suspected or diagnosed with COVID from distant locations while decreasing bedside staff exposure time. The tele-ICU arrangement also enables communication between families and caregivers without interrupting bedside care. Even outside the context of a pandemic, tele-ICUs may prove to be very effective and useful in augmenting restricted resources in rural areas lacking critical care expertise, and in urban zones confronted by traffic congestion.
Tele-ICUs gain much significance in the context of developing nations such as India. In India, government hospital beds and ICU beds are very limited with respect to population requirements. Majority of ICU beds are restricted to tier 1 and tier 2 cities; districts and smaller towns have little to no critical care capacity. The low number of trained doctors and staff, especially those trained in intensive care, greatly compounds the problem, especially in a pandemic like scenario. In situations like these, the role of tele-ICUs could assume vital importance. The provision of tele-ICU services in distant, underserved regions could help enhance the reach and quality of medical care.
It is noteworthy that tele-ICUs are efficiently and effectively functional in major cities in India. For example, in 2021, Dr Sai Praveen Haranath (critical care expert) supervised a patient in Kolkata over a video call from the Apollo Hospitals tele-ICU command centre in Hyderabad. Diagnosed with severe lung disease, the patient was advised emergency surgery. The Apollo team arranged for the patient to be shifted to a hospital near his residence. Dr. Haranath briefed the doctors at the local hospital, and soon the patient was admitted to the critical care unit.
Tele-ICUs have significant potential to assist patients in need of critical care, enhance the efficiency of intensivists, and improve the quality of care provided to patients. Indeed, tele-ICUs have enabled round the clock access to critical care. However, tele-ICUs face a few challenges, including higher operational and installation costs, limited operational knowledge of staff, and weak telecommunication connectivity and resources in parts of developing nations. Nevertheless, technological advancements are enabling increased tele-ICU adoption across the globe.
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By component, the market is segmented into:
By type of management, the market is classified into:
By region, the market is segmented into:
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The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Type of Management, Region|
|Breakup by Component||Hardware, Software and Services|
|Breakup by Type of Management||Intensivist, Open, Co-managed, Open with Consultant, Others|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Hicuity Health, Koninklijke Philips NV, iMDsoft, INTeleICU, CEIBA Tele ICU, Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Tele-ICU Market Analysis
8.1 Key Industry Highlights
8.2 Global Tele-ICU Historical Market (2017-2021)
8.3 Global Tele-ICU Market Forecast (2022-2027)
8.4 Global Tele-ICU Market by Component
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
126.96.36.199 Breakup by Type
188.8.131.52.1 Therapeutic Devices
184.108.40.206.2 Communication Lines
220.127.116.11.3 Computer Systems
18.104.22.168.4 Physiological Monitors
22.214.171.124.5 Display Panels
126.96.36.199.6 Video Feed
8.4.2 Software and Services
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.5 Global Tele-ICU Market by Type of Management
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.5.4 Open with Consultant
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.6 Global Tele-ICU Market by Region
8.6.1 Market Share
18.104.22.168 North America
22.214.171.124 Asia Pacific
126.96.36.199 Latin America
188.8.131.52 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
184.108.40.206 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
220.127.116.11 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Hicuity Health
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
11.2.2 Koninklijke Philips NV
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
11.2.5 CEIBA Tele ICU
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Tele-ICU Market: Key Industry Highlights, 2017 and 2027
2. Global Tele-ICU Historical Market: Breakup by Component (USD Million), 2017-2021
3. Global Tele-ICU Market Forecast: Breakup by Component (USD Million), 2022-2027
4. Global Tele-ICU Historical Market: Breakup by Type of Management (USD Million), 2017-2021
5. Global Tele-ICU Market Forecast: Breakup by Type of Management (USD Million), 2022-2027
6. Global Tele-ICU Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Tele-ICU Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Tele-ICU Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Tele-ICU Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Tele-ICU Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Tele-ICU Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Tele-ICU Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Tele-ICU Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Tele-ICU Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Tele-ICU Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Tele-ICU Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Tele-ICU Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Tele-ICU Market Structure
The market is projected to grow at a CAGR of 16.3% between 2022 and 2027.
The major industry drivers are expansive information and communication technology, lack of multi-speciality hospitals in remote areas, and the continuous demand for remote monitoring as a result of the rising geriatric population.
The key industry trends are the government initiatives to improve the countries’ healthcare system.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The market divisions based on component are hardware, and software and services.
The significant market divisions based on type of management include intensivist, open, co-managed, and open with consultant, among others.
The major players in the industry are Hicuity Health, Koninklijke Philips NV, iMDsoft, INTeleICU, and CEIBA Tele ICU, among others.
The global tele-ICU market is driven by an increase in the number of trained doctors and health care professionals in developed regions and the growing technological advancements. Aided by the government initiatives to improve healthcare systems, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 16.3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The tele-ICU industry, by component, can be segmented into hardware, and software and services. Based on type of management, the market is classified into intensivist, open, co-managed, and open with consultant, among others. The major regional markets for tele-ICU are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Hicuity Health, Koninklijke Philips NV, iMDsoft, INTeleICU, and CEIBA Tele ICU, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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