Growing number of in-hospital patient registrations are exerting immoderate pressure on healthcare professionals vis-à-vis effective management. This, in turn, has resulted in innumerable technological innovations in the healthcare sector sans compromising on value-based healthcare. This is where telemedicine comes into play, wherein the convergence of health and technology helps filling in the loopholes.

Telemedicine emerged as a major breakthrough in the field of healthcare, on account of its role in helping patients get access to medical services regardless of the distance.

A new study by Fact.MR offers in-depth analysis on the Tele-ICU services market. A sample of the report is available upon request.

Advancements in telemedicine has led to the introduction of tele-ICU services, a new healthcare paradigm addressing critical issues. Inadequate supply of critical care doctors, mainly in the developing areas of the world,  continues to be a prolonged issue. ICUs in hospitals worldwide face the unprecedented burden of treating over millions of patients annually   which, in turn, necessitates deployment of effective modules for additional clinical surveillance, such as tele-ICU.Tele-ICU technology helps inidentifying trends, observing crticial patients, and enabling expert intervention irrespective of the distance. Tele-ICU facilitates an effective communication model between designated healthcare professionals with an expert team via in-room monitor screens. 

Tele-ICU addresses the need of effective care during medical emergencies, wherein any minor or major delay can result in unwanted consequences. Tele-ICU also reduces the need of re-admitting patients , given that they are provided with exceptional care. According to Network for Excellence in Health Innovation (NEHI), using tele-ICU technology has reduced patient ICU mortality rate by approximately twenty percent and hospital mortality rates by nearly thirteen percent, providing credence to the alarming need of effective ICU services  

Tele-ICU Services Market - Differential Strategies of Key Stakeholders

Key players in the tele-ICU services market space are vying to expand across established and flourishing economies, which, in turn, will help them cater to new target audiences. For instance, In 2018, Philips, which is a global leader in health technology along with Japan-based Showa University launched Japan’s first telemedicine intensive care program at Showa Koto Toyosu Hospital and Showa University Hospital. The technology  was aimed at improving the outcomes of high risk patients and innovating critical care globalization. The eICU program by Philips is predicted to enhance efficiency in medicine with the help of a subsidy program for innovation centers funded by the Japanese government.. Philips eICU program permits near real-time remote patient monitoring and quick intervention through advanced audio-visual technology.

Leading players operating in the tele-ICU services landscape are making headway with strategic collaborations with end-users, as a part of their key growth strategy. Agile relationships with end-users help key players to bring in repeated sales via enhanced customer confidence. For instance, In 2018, Advanced ICU Care launched tele-ICU services at HSHS St. John’s Hospital in Springfield. This partnership with Advanced ICU Care will around-the-clock support  to the hospital’s bedside teams for providing exceptional care. Moreover, their high-acuity program includes strong analytics and adaptive clinical workflows to  assure consistent delivery of efficient critical care.

Tele-ICU Witnesses Sheer Proliferation Across Rural Areas

The Tele-ICU technology is not just being used in well-established hospitals across urban areas, but it is also being immensely adopted across underdeveloped regions.  Shortage of adequate number of seasoned healthcare professionals continues to be a longstanding challenge in rural communities, bringing importance of tele-ICU to the fore.

Various non-profit organizations and healthcare systems are eyeing untapped potential across rural areas and providing value-added Tele-ICU services. For instance, Intermountain Healthcare– a not-for-profit healthcare system and a leading healthcare provider- introduced ‘Connect Care Pro’ technology platform that provides specialist care in underdeveloped regions.. This service comprises of around thirty-five telehealth programs and five hundred care providers, who will be working in close proximity with hospitals and healthcare centers to offer value-based care via constructive consultations

Intermountain Healthcare further  plans to go an extra mile with a  mental health integration program in the US.  Via this specialized program, the company would be training professionals, who are offering mental health services, on how to effectively deal with the affected.

Key Barriers Challenging Industry Growth

Amongst several issues that act as  barriers for the tele-ICU industry, installation and operating costs continue to be a prominent one, given that the investment incurred could be high for a particular section of hospitals or healthcare providers.  Also, the market is facing headwinds as professionals in healthcare spaces, including nurses and bedside physicians, are developing apprehension of being replaced by the intensivists and nurses operating from the tele-ICU command centers. Additionally, internet issues and poor connectivity are among the key issues, which might counteract the whole idea of quality care via tele-ICU services. Lack of trained staff having knowledge on appropriate usage guidelines is resulting in resistance among healthcare providers, holding back the adoption of tele-ICU services. 

Currently, manufacturers of tele-ICU services are investing in research and development to introduce promising innovations with enhanced functionalities and faster operation capabilities. . Moreover, leading players in the tele-ICU services market are acquiring fellow businesses or entering into partnerships to offer exceptional services. Continuous training programs are also being organized to train the hospital staff or to update them about the new policies related to tele-ICU services.