Market Analysis 2019 Tele-Intensive Care Unit Market Analysis | Page 4

Global Tele-Intensive Care Unit Market to 2027 www.theinsightpartners.com issues still lack uniform regulation, mainly the domain of medical liability. Probably such standardization will never take place, since the European Union does not have, until now, a common set of norms regarding tort and criminal liability, much less specific legal norms on medical liability. These gaps may jeopardize a truly European market in health services and hamper the development of telemedicine in the European zone. The telemedicine may potentially involve so many countries, and does actually comprise so many different domains (medicine, IT, privacy, and social security), makes it difficult to define the most adequate entity to regulate and control it. This lack of regulation and authority leaves European patients with some mistrust regarding the legal consequences of a treatment provided through telemedicine. In addition, certain kinds of health professionals cannot count on a specific regulation all across Europe, as it happens with osteopaths, whom are regulated professionals only in seven European countries, a note that hampers the exact apprehension of the concepts of ‘health care professional’ and ‘health care provider’ as referred to on the Cross-border Healthcare Directive (although Article 3/f of this Directive remits to Article 3(1)(a) of Directive 2005/36/EC and to any person ‘considered to be an health professional according to the legislation of the Member State of treatment’). These legal discrepancies between Member States may raise relevant issues in cross-border healthcare. Some rules and guidelines have actually been issued. For instance, European Telehealth has created the European Code of Practice for Telehealth Services, which states an accreditation by DNV GL (an international certification body and classification society which has as main expertise field technical assessment, research, advisory, and risk management) and an ISO certification. Some professional associations also intervene in this domain issuing some basic guidelines. The absence of proper regulations for the telemedicine and telehealth in the European regions is hampering the growth of the market. Exhibit: Rest of Europe Tele-Intensive Care Unit Market by Type Growth in the Global Healthcare Market The healthcare industry has been witnessing rapid transformations during the previous years. Various technological advancements have been witnessed in the industry such as, scalp cooling technology, wearable contacts and use of 3D visualization for surgeries. Countries across the globe have been preferring advanced technologies in healthcare. With a 4