Tele-Intensive Care Unit (ICU) Market Research Report - Global Forecast till 2024

Global Tele-Intensive Care Unit (ICU) Market: Information by Component (Component, Software), Type of Management (Intensivist, Open, Co-managed, Open with Consultant and other Types of Management) and Region - Global Forecast till 2024

ID: MRFR/HC/6433-HCR | February 2021 | Region: Bric | 85 pages

Tele-Intensive Care Unit ( ICU) Market Scenario
The Global Tele-Intensive Care Unit (ICU) Market is accounted for USD 1820 Million in 2018 and expected to register 16.4% CAGR during the forecast period (2019–2024).
Tele-Intensive Care Units (ICU) are advanced systems used for the treatment of critically ill patients by using off-site clinical resources. It is a part of telemedicine which is used for the exchange of medical information for conducting various medical activities such as monitoring, treatment, and rehabilitation.
The rising prevalence of chronic disorders such as cancer, increasing geriatric population, technological advancements in the healthcare sector and increasing cases of patients affected by neurological disorders across the world are expected to drive the growth of the market. For instance, according to the Centers for Disease Control and Prevention (CDC), In the year 2016, more than 10.4 million cases of tuberculosis were registered in the world, and 1.7 million deaths occurred due to tuberculosis in the year 2016. Moreover, rising R&D spending and aggressive strategies adopted by the top players, such as new product launches, are contributing to the growth of the market.
The lack of adequate reimbursement policy and high costs involved in the establishment of these centers may hamper the growth of the market during the assessment period.
Tele-Intensive Care Unit ( ICU) Market Segmentation
The global Tele-Intensive Care Unit (ICU) market has been segmented on the basis of component and type of management.
On the basis of component, the market has been classified as hardware and software. The market, by hardware, has been further segmented into the computer system, communication lines, physiological monitors, therapeutic devices, video feeds, and others.
Based on the type of management, the market has been segmented into intensivist, open, co-managed, open with a consultant, and other types of management.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Tele-Intensive Care Unit (ICU) market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European Tele-Intensive Care Unit (ICU) market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 
The Tele-Intensive Care Unit (ICU) market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Tele-Intensive Care Unit (ICU) market in the Middle East & Africa has been segmented into the Middle East and Africa.
Tele-Intensive Care Unit ( ICU) Market Company Profiles

SOC Telemed
Intouch Technologies, Inc.
Koninklijke Philips N.V.
Advanced Icu Care
UPMC
Banner Health
Teleicucare
Eagle Telemedicine
Apollo TeleHealth Services
Inteleicu
Others

Tele-Intensive Care Unit ( ICU) Regional Market Summary
Global Tele-Intensive Care Unit (ICU) Market Share, by Region, 2018 (%)
 
Source: MRFR Analysis
The Americas are likely to dominate the global Tele-Intensive Care Unit (ICU) market owing to the technological advancements related to healthcare in the region, the surge in cases of chronic disorders, and an increasing number of hospitals in the regions.  According to the report published by the American Hospital Association, more than 5200 community hospitals were present in the US in the year 2018, out of which 3,387 belongs to urban areas, and 1875 were from rural areas.
The European market is expected to be the second-largest Tele-Intensive Care Unit (ICU) market. The market growth in this region can be attributed to the increasing demand of healthcare systems which can provide real-time data, rising cases of neurological disorders in the European region, and government funding and support of the healthcare sector along with the increasing research and development. Moreover, favorable reimbursement policies in European countries are contributing to the growth of the market in this region. According to the European Academy of Neurology, neurological disorders are increasing in Europe, and in the year 2017, more than 220 million European population was affected by neurological complications.
Asia-Pacific is expected to be the fastest-growing Tele-Intensive Care Unit (ICU) market during the forecast period owing to the increasing geriatric population, rising investments in healthcare, and expansions by market players in the region. Also, countries such as India and China are considering the fastest growing region due to the presence of a huge patient population. Moreover, the government of these countries is open to adopting new technology and the best treatment option from a developed country.
The market in the Middle East & Africa is expected to account for the smallest share of the global Tele-Intensive Care Unit (ICU) market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.
Global Tele-Intensive Care Unit (ICU) Market, by Component

Hardware Computer System

Communication Lines
Physiological Monitors
Therapeutic Devices
Video Feeds
Others

Software

Global Tele-Intensive Care Unit (ICU) Market, by Type of Management

Intensivist
Open
Co-Managed
Open with Consultant
Other Types of Management

Global Tele-Intensive Care Unit (ICU) Market, by Region

Americas

North America

US
Canada

South America

Europe

Western Europe

Germany
France
Italy
Spain
UK
Rest of Western Europe

Eastern Europe

Asia-Pacific

Japan
China
India
Australia
South Korea
Rest of Asia-Pacific

The Middle East & Africa

Middle East
Africa

Intended Audience

Tele-Intensive Care Unit (ICU) devices manufacturers
Tele-Intensive Care Unit (ICU) distributors and suppliers
Healthcare providers
Research institutes and academic centers
Contract manufacturing organizations
Government associations
Market research and consulting



Frequently Asked Questions (FAQ) :


The tele-intensive care unit market is projected to grow at a 16.4% CAGR between 2019-2024.

The Americas is predicted to spearhead the tele-intensive care unit market.

Key competitors in the tele-intensive care unit market include Inteleicu1, Apollo TeleHealth Services, Eagle Telemedicine, Koninklijke Philips N.V., Teleicucare, Banner Health, UPMC, Advanced Icu Care, SOC Telemed, and Intouch Technologies, Inc.

Technological advances in the healthcare sector, rising prevalence of chronic and neurological disorders, and increasing geriatric population are driving market growth.

Lack of favorable reimbursement policies and high cost of establishments of ICU may impede market growth.

Table of Contents
Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Tele-Intensive Care Unit (ICU) Market, by Type

6.1 Introduction

6.2 Hardware

6.2.1 Computer System

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

6.2.2 Communication Lines

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

6.2.3 Physiological Monitors

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

6.2.4 Therapeutic Devices

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024
6.2.5 Video Feeds

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

6.2.6 Others

6.3 Software

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

Chapter 7. Global Tele-Intensive Care Unit (ICU) Market, by Type of Management

7.1 Introduction

7.2 Intensivist

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

7.3 Open

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

7.3 Co-managed

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

7.3 Open with Consultant

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

7.3 Other Types of Management

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

Chapter 8. Global Tele-Intensive Care Unit (ICU) Market, by Region

8.1 Introduction

8.2 Americas

8.2.1 North America

8.2.1.1 US

8.2.1.2 Canada

8.2.2 South America

8.3 Europe

8.3.1 Western Europe

8.3.1.1 Germany

8.3.1.2 France

8.3.1.3 Italy

8.3.1.4 Spain

8.3.1.5 UK

8.3.1.6 Rest of Western Europe

8.3.2 Eastern Europe

8.4 Asia-Pacific

8.4.1 Japan

8.4.2 China

8.4.3 India

8.4.4 Australia

8.4.5 South Korea

8.4.6 Rest of Asia-Pacific

8.5 Middle East & Africa

8.5.1 Middle East

8.5.2 Africa

Chapter 9. Company Landscape

9.1 Introduction

9.2 Market Share Analysis

9.3 Key Development & Strategies

Chapter 10. Company Profiles

10.1 SOC Telemed

10.1.1 Company Overview

10.1.2 Product Overview

10.1.3 Financials Overview

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.2 Intouch Technologies, Inc.

10.2.1 Company Overview

10.2.2 Product Overview

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.3 Advanced ICU Care

10.3.1 Company Overview

10.3.2 Product Overview

10.3.3 Financial Overview

10.3.4 Key Development

10.3.5 SWOT Analysis

10.4 Koninklijke Philips N.V.

10.4.1 Company Overview

10.4.2 Technology/Business Segment Overview

10.4.3 Financial Overview

10.4.4 Key Development

10.4.5 SWOT Analysis

10.5 UPMC

10.5.1 Company Overview

10.5.2 Product Overview

10.5.3 Financial overview

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.6 Banner Health

10.6.1 Company Overview

10.6.2 Product Overview

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.7 Teleicucare

10.7.1 Overview

10.7.2 Product Overview

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.8 Eagle Telemedicine

10.8.1 Overview

10.8.2 Product/ Technology Overview

10.8.3 Financials

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.9 Apollo TeleHealth Services

10.9.1 Overview

10.9.2 Product Overview

10.9.3 Financials

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.10 Inteleicu

10.10.1 Overview

10.10.2 Product Overview

10.10.3 Financials

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.11 Others

Chapter 11. MRFR Conclusion

11.1 Key Findings

11.1.1 From CEO’s Viewpoint

11.1.2 Unmet Needs of the Market

11.2 Key Companies to Watch

11.3 Predictions for the Tele-Intensive Care Unit (ICU) Industry

Chapter 12. Appendix

LIST OF TABLES

Table 1 Global Tele-Intensive Care Unit (ICU) Market Synopsis, 2019–2024

Table 2 Global Tele-Intensive Care Unit (ICU) Market Estimates and Forecast, 2019–2024 (USD Million)

Table 3 Global Tele-Intensive Care Unit (ICU) Market, by Region, 2019–2024 (USD Million)

Table 4 Global Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 5 Global Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)

Table 6 North America: Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 7 North America: Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)

Table 8 US: Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 9 US: Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)

Table 10 Canada: Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 11 Canada: Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)

Table 12 South America: Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 13 South America: Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)

Table 14 Europe: Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 15 Europe: Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)

Table 16 Western Europe: Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 17 Western Europe: Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)

Table 18 Eastern Europe: Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 19 Eastern Europe: Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)

Table 20 Asia-Pacific: Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 21 Asia-Pacific: Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)

Table 22 Middle East & Africa: Tele-Intensive Care Unit (ICU) Market, by Component, 2019–2024 (USD Million)

Table 23 Middle East & Africa: Tele-Intensive Care Unit (ICU) Market, by Type of Management, 2019–2024 (USD Million)
LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Tele-Intensive Care Unit (ICU) Market

Figure 3 Segmentation Market Dynamics for Global Tele-Intensive Care Unit (ICU) Market

Figure 5 Global Tele-Intensive Care Unit (ICU) Market Share, by Component, 2018

Figure 6 Global Tele-Intensive Care Unit (ICU) Market Share, by Type of Management, 2018

Figure 7 Global Tele-Intensive Care Unit (ICU) Market Share, by Region, 2018

Figure 8 North America: Tele-Intensive Care Unit (ICU) Market Share, by Country, 2018

Figure 9 Europe: Tele-Intensive Care Unit (ICU) Market Share, by Country, 2018

Figure 10 Asia-Pacific: Tele-Intensive Care Unit (ICU) Market Share, by Country, 2018

Figure 11 Middle East & Africa: Tele-Intensive Care Unit (ICU) Market Share, by Region, 2018

Figure 12 Global Tele-Intensive Care Unit (ICU) Market: Company Share Analysis, 2018 (%)

Figure 13 SOC Telemed.: Key Financials

Figure 14 SOC Telemed.: Segmental Revenue

Figure 15 SOC Telemed.: Geographical Revenue

Figure 16 Intouch Technologies, Inc.: Key Financials

Figure 17 Intouch Technologies, Inc.: Segmental Revenue

Figure 18 Intouch Technologies, Inc.: Geographical Revenue

Figure 19 Advanced ICU Care: Key Financials

Figure 20 Advanced ICU Care: Segmental Revenue

Figure 21 Advanced ICU Care: Geographical Revenue

Figure 22 Koninklijke Philips N.V.: Key Financials

Figure 23 Koninklijke Philips N.V.: Segmental Revenue

Figure 24 Koninklijke Philips N.V.: Geographical Revenue

Figure 25 Mevion Medical Systems, Inc.: Key Financials

Figure 26 UPMC.: Segmental Revenue

Figure 27 UPMC.: Geographical Revenue

Figure 28 UPMC.: Key Financials

Figure 29 Banner Health: Segmental Revenue

Figure 30 Banner Health.: Geographical Revenue

Figure 31 Banner Health: Key Financials

Figure 32 Teleicucare: Segmental Revenue

Figure 33 Teleicucare .: Geographical Revenue

Figure 34 Teleicucare: Key Financials

Figure 35 Eagle Telemedicine: Segmental Revenue

Figure 36 Eagle Telemedicine: Geographical Revenue

Figure 37 Eagle Telemedicine: Key Financials

Figure 38 Apollo TeleHealth Services: Segmental Revenue

Figure 39 Apollo TeleHealth Services: Geographical Revenue

Figure 40 Apollo TeleHealth Services: Key Financials

Figure 41 Inteleicu: Segmental Revenue

Figure 42 Inteleicu: Geographical Revenue

Figure 43 Inteleicu: Key Financials



This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.