The time it takes to resolve the situation is not relevant to the ruling. If it were, it would encourate a quick judgement on the player's status, potentially leading to further injury.
As such, the timeout length required to stay in the game is not determined by how long it takes to be ready. Once the player is able to move or be moved safely from the floor, the team can either replace the player or call a timeout to keep them in the game. If at the end of that timeout, the player is ready to play, they may remain in the game. That timeout must be a full timeout if any are remaining. If not, a short timeout may be used.
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