Indian tele-intensive care unit market is expected to reach US$ 169.68 million in 2027 from US$ 32.40 million in 2019. The market is anticipated to grow with a CAGR of 23.9% from 2020 to 2027.
The growth of the Indian tele-intensive care unit market is estimated to grow due to key factors such as growing government initiatives for digital health, and increasing ICU admission. On the other hand, the market is likely to have negative impact due to barriers to telehealth in rural areas.
The adoption of digital technologies in healthcare provides enhanced healthcare services and makes the treatment process more personalized and precise. The Indian Ministry of Health and Family Welfare has initiated various e-Gov programs in healthcare sector such as eHealth division. E-Health is broadly defined as the use of Information and Communication Technology (ICT) in health. Mobile technologies have been penetrating India at rapid rate hence there is rapid adoption of digital technologies in healthcare sector. Additionally, India has a strong IT infrastructure and the integrated health information system, which contributes approximately 8% to the GDP.
These initiatives focus on providing all medical services from any part of the world through web services, mobile services, SMS, or call center services in India. It includes services like online medical consultation, online medical records, online medicine supply management, pan-India exchange for patient information, and others.
National eHealth Authority (NeHA) is a digital health program initiated in 2015, which focuses on development of integrated health information system in India. The aim of this program is to offer high quality of health services to all Indians via information and communication technologies in health and health-related fields. Similarly, the Integrated Health Information Program (IHIP) was initiated to provide electronic health records to every citizen of India. The government of India has introduced the system to uniformly maintain the Electronic Medical Records/Electronic Health Records (EMR/EHR) by the hospitals and healthcare providers in the country. Thus, reducing medication and medical errors improves the quality and safety of patient care. Moreover, the Arogyasree project by the Indian Council of Medical Research (ICMR) focuses on to bring the expertise of doctors in the urban areas closer to the patients in the rural areas through an internet based mobile telemedicine system.
Thus, initiatives by the government are likely to enhance the growth of tele-ICU market in India during the forecast period.
Based on the type, the Indian tele-intensive care unit market is segmented into centralized, decentralized, and others. In 2019, centralized segment held the largest share of the market; however, decentralized segment is expected to grow at the fastest rate during the forecast period.
Based on the component, the Indian tele-intensive care unit market is segmented into hardware, and software. In 2019, hardware segment held the largest share of the market; however, software segment is expected to grow at the fastest rate during the forecast period.
Indian Council of Medical Research, Ministry of Health and Family Welfare, and All India Institute of Medical Sciences are among the major primary and secondary sources for Indian tele-intensive care unit market.
Reasons to Buy:
The growth of the Indian tele-intensive care unit market is estimated to grow due to key factors such as growing government initiatives for digital health, and increasing ICU admission. On the other hand, the market is likely to have negative impact due to barriers to telehealth in rural areas.
The adoption of digital technologies in healthcare provides enhanced healthcare services and makes the treatment process more personalized and precise. The Indian Ministry of Health and Family Welfare has initiated various e-Gov programs in healthcare sector such as eHealth division. E-Health is broadly defined as the use of Information and Communication Technology (ICT) in health. Mobile technologies have been penetrating India at rapid rate hence there is rapid adoption of digital technologies in healthcare sector. Additionally, India has a strong IT infrastructure and the integrated health information system, which contributes approximately 8% to the GDP.
These initiatives focus on providing all medical services from any part of the world through web services, mobile services, SMS, or call center services in India. It includes services like online medical consultation, online medical records, online medicine supply management, pan-India exchange for patient information, and others.
National eHealth Authority (NeHA) is a digital health program initiated in 2015, which focuses on development of integrated health information system in India. The aim of this program is to offer high quality of health services to all Indians via information and communication technologies in health and health-related fields. Similarly, the Integrated Health Information Program (IHIP) was initiated to provide electronic health records to every citizen of India. The government of India has introduced the system to uniformly maintain the Electronic Medical Records/Electronic Health Records (EMR/EHR) by the hospitals and healthcare providers in the country. Thus, reducing medication and medical errors improves the quality and safety of patient care. Moreover, the Arogyasree project by the Indian Council of Medical Research (ICMR) focuses on to bring the expertise of doctors in the urban areas closer to the patients in the rural areas through an internet based mobile telemedicine system.
Thus, initiatives by the government are likely to enhance the growth of tele-ICU market in India during the forecast period.
Based on the type, the Indian tele-intensive care unit market is segmented into centralized, decentralized, and others. In 2019, centralized segment held the largest share of the market; however, decentralized segment is expected to grow at the fastest rate during the forecast period.
Based on the component, the Indian tele-intensive care unit market is segmented into hardware, and software. In 2019, hardware segment held the largest share of the market; however, software segment is expected to grow at the fastest rate during the forecast period.
Indian Council of Medical Research, Ministry of Health and Family Welfare, and All India Institute of Medical Sciences are among the major primary and secondary sources for Indian tele-intensive care unit market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the India tele-intensive care unit market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the India tele-intensive care unit market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
2. Tele-Intensive Care Unit Market - Key Takeaways
3. Research Methodology
4. Tele-intensive Care Unit Market - Market Landscape
5. Tele-intensive Care Unit - Key Market Dynamics
6. Tele-intensive Care Unit Market- Country Analysis
7. Tele-intensive Care Unit Market Analysis - By Type
8. Tele-intensive Care Unit Market - By Component
9. Tele-intensive Care Unit Market - Country Analysis
10. Impact Of COVID-19 Pandemic on India Tele-intensive Care Unit Market
11. Tele-intensive Care Unit Market-Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned
- Koninklijke Philips N.V.
- InTouch Technologies, Inc.
- CEIBA HEALTHCARE
- Advanced ICU Care
- Apollo Telehealth
- Eagle Telemedicine
- INTeleICU
- Cloudphysician
- General Electric Company
- CareBridge Technologies
