Australia Tele-intensive Care Unit Market Size & Outlook
Australia tele-intensive care unit market, 2018-2030 (US$M)
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Australia tele-intensive care unit market highlights
- The Australia tele-intensive care unit market generated a revenue of USD 99.7 million in 2024 and is expected to reach USD 243.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 16% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Tele-intensive care unit market data book summary
| Market revenue in 2024 | USD 99.7 million |
| Market revenue in 2030 | USD 243.2 million |
| Growth rate | 16% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Koninklijke Philips NV, Inova Diagnostics, Banner Health, iMDSoft, InTouch Health, Inteleicu, Hicuity Health, UPMC, Philips |
Other key industry trends
- In terms of revenue, Australia accounted for 2.4% of the global tele-intensive care unit market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China tele-intensive care unit market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 620.8 million by 2030.
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Tele-intensive Care Unit Market Scope
Tele-intensive Care Unit Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia tele-intensive care unit market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tele-intensive care unit market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 66% in 2024. Horizon Databook has segmented the Australia tele-intensive care unit market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is considered one of the leaders in integrating digital technology into healthcare. Government backed initiatives are among the major factors boosting the market in the country. For instance, in the 2023-2024 budget.
The Australian government allocated USD 643 million in funding over 4 years to support digital health. Such increased funding by the government is expected to accelerate market growth. Moreover, Australia is a developed country with strong electronic and telecommunication technology.
However, some rural and remote areas in Australia have limited penetration of these technologies and are untapped. Hence, advanced technologies such as tele-intensive care unit can provide easy access to healthcare facilities.
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Target buyers of Australia tele-intensive care unit market databook
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Our clientele includes a mix of tele-intensive care unit market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia tele-intensive care unit market , including forecasts for subscribers. This country databook contains high-level insights into Australia tele-intensive care unit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia tele-intensive care unit market size, by component, 2018-2030 (US$M)
Australia Tele-intensive Care Unit Market Outlook Share, 2024 & 2030 (US$M)
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