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Tele-intensive Care Unit Market Trends

  • Report ID: GMI8448
  • Published Date: Mar 2024
  • Report Format: PDF

Tele-intensive Care Unit Market Trends

Rising number of the geriatric population plays a pivotal role in the tele-intensive care unit industry. As people age, they are more likely to develop chronic illnesses such as heart disease, diabetes, respiratory disorders, and neurological conditions. These conditions often require frequent monitoring and management, which can be facilitated through these systems.
 

  • According to the United Health Foundation, the U.S. had around 58 million adults who were aged 65 and older, accounting for 17.3% of the nation's population in 2022.
     
  • Elderly individuals are more susceptible to critical illnesses and medical emergencies that require intensive care. Tele-ICU enables remote intensivists to monitor these patients closely even when they are not physically present in the ICU. This continuous monitoring helps in early identification and rapid diagnostics of deteriorating conditions and prompt intervention.
     
  • Further, many geriatric patients have limited mobility making it challenging for them to travel for regular hospital visits. Consequently, tele-ICU provides a way for these patients to receive specialized care from the comfort of their homes or local healthcare facilities. This can improve access to critical care services for populations in rural or underserved areas.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of tele-intensive care unit reached USD 3.5 billion in 2023 and is set to cross USD 11.8 billion by 2032, propelled by the increasing prevalence of chronic and infectious disease.

Centralized tele-intensive care unit model segment is estimated to account for USD 5.8 billion by 2032, owing to its ability to allow for the implementation of standardized care protocols across multiple ICUs.

North America market accounted for USD 1.4 billion in 2023, driven by advanced healthcare infrastructure with well-established hospitals, medical centers, and critical care facilities in the region.

Apollo Telehealth, Banner Health, Eagle Telemedicine, Harris Healthcare, Hicuity Health, iMDsoft, Inova, Intensive Care On-line Network, Koninklijke Philips N.V., Teladoc Health, Inc. are some of the major industry contenders.

Tele-intensive Care Unit Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 284
  • Countries covered: 22
  • Pages: 150
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