As per an article in the Permanente Journal – a journal of medical science, social science in medicine, and medical humanities, the cost of treating critically ill patients crosses US$67 bn per year in the U.S. alone. The mortality rate is around 10% and even reaches up to 28% in ICU settings. In order to limit ICU deaths, healthcare professionals and hospital managers are actively exploring tele-intensive care services. This keen interest by healthcare professionals in tele-intensive care services is owing to the number of benefits these services can offer to providers and receivers of critical care. Tele-intensive care units have helped patients in keeping medication errors in check and have decreased the length of stay (LOS) in ICUs. This is driving the global tele-intensive care services market.
An important advantage associated with the implementation of tele-ICU system is the reduction in the length of the hospital stay. This reduces the overall costs incurred by patients, thus supporting the growth of tele-ICU systems. Additionally, the rising geriatric population base and the increasing prevalence of chronic conditions, such as cancer, neurological, and other disorders, are fueling the usage of remote intensive care environment. The geriatric population is highly susceptible to these disorders. Monitoring chronic conditions in real time facilitates faster recovery. As the geriatric population is the key target population, the usage rate of tele-ICU market systems is anticipated to catapult over the forecast period.
Key Players Profiled in this Report: Banner Health, Philips, UPMC Italy, TeleICU, VISICU, Advanced ICU Care, inTouch Health, iMDsoft, INTeleICU, Inova.
United States, North America, China, Europe, Japan, Southeast Asia and India.
In the direction of ensuring that the data gathered is consistent, sources of information used are declared as genuine and legal. The sources include twelve-monthly reports on the Tele-ICU market, management reports, international news, and business credit reports. Similarly there were conferences held with the customers, market specialists and so forth. Perceptions from them were important in classifying and understanding the inner workings of the Global Tele-ICU Market.
In addition, market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most talented or commercial areas for investments. The report also provides a detailed synopsis of the competitive scenario, wherein complete business profiles of some of the prime companies in the Tele-ICU market are included. The intensity of rivalry in the market, threat of new players, entry obstacles for new competitive, and areas of development based on earlier data about popular approaches observed in the past few years are also inspected in detail.
Table of Contents
Global Tele-ICU Market Research Report
Chapter 1 Global Tele-ICU Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
With all the gathered data analyzed using SWOT analysis, there is a clear understanding of the economic landscape of the Tele-ICU market. Prospective for the markets growth was uncovered and out-of-the-way economical threats also became apparent. There is a prominent intentional direction in the market and this is observed in the fundamental trends and improvements studied.
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