Tele-Intensive Care Unit Market to 2025 - Global Analysis and Forecasts by Koninklijke Philips N.V., UPMC, Banner Health, TeleICUCare, Eagle Telemedicine

The global tele-intensive care unit market is expected to reach US$ 7,363.3 Mn in 2025 from US$ 1,541.8 Mn in 2017. The market is estimated to grow with a CAGR of 22.5% from 2018-2025, owing to factors such as rising demand for remote patient monitoring, growing government initiatives for telemedicine, increasing ICU admissions and shortage of intensivists. North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period.

The Asia Pacific tele-intensive care unit market is expected to grow with CAGR of 23.5% to US$ 1,207.6 Mn 2025 from US$ 74.42 Mn in 2017. Factors such as, introduction of innovative technologies and developments by the government and growing improvements in tele-intensive care unit solutions in India, are likely to grow the market in the forecast period.

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Some of the companies competing in the Tele-Intensive Care Unit Market are

InTouch Technologies, Inc.
Advanced ICU Care
Koninklijke Philips N.V.
UPMC
Banner Health
TeleICUCare
Eagle Telemedicine
Apollo Tele Health Services
SOC Telemed
INTeleICU

By Type

Centralized
Decentralized
Other (Hybrid)

By Component

Hardware
Therapeutic Devices
Computer Systems
Communication Lines
Software

Tele-Intensive Care Unit Market Segmented to 2025 - Global Analysis and Forecasts by Type (Centralized, Decentralized, and Others), Component (Hardware, Software) and Geography.

Intensive care unit (ICU) telemedicine is an innovative method for providing critical care services from a distance. Telemedicine improves ICU outcomes by increasing access to the expertise of dedicated intensivist physicians, facilitating early recognition of physiological deterioration, and prompting bedside providers to implement routine evidence-based practices.

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This release was published on openPR.