Increasing focus on reducing patient hospital stay along with technological advancements in remote patient monitoring are propelling the market growth.

The Global  Tele-Intensive Care Unit (ICU) Market  size is estimated to reach USD 6.87 billion by 2027from USD 2.26 billion in 2019, delivering a CAGR of 14.8%. Growth in the aging population across the globe, limited availability of the highly skilled or critical care providers, physicians, and nurses, along with growing demand for an alternative to the physical hospital-based ICUs, are the key factors driving tele-intensive care unit market growth.

A tele-intensive care unit enables offsite clinician to interact with bedside staff to consult on patient care. Telemedicine benefits involve nurse practitioners, ICU nurses, physicians, and other healthcare professionals to intervene from remote locations to offer patient monitoring.

The  COVID-19 has created a massive outbreak in the flow of the healthcare industry. Most of the hospitals are converting into special units for managing a huge number of patients affected by the novel coronavirus. The number of positive cases is still on the rise, creating a massive shortage of ICU-beds. However, tele-ICUs have been proven highly effective and beneficial in the current crisis, where more and more healthcare providers have started adopting the technology to provide patient care.

Key companies profiled in the report include

Tele-Intensive Care Unit Market share are Apollo Tele Health Services, Koninklijke Philips NV, Advanced ICU Care, UPMC, Banner Health, Eagle Telemedicine, TeleICUCare, SOC Telemed, INTeleICU, and InTouch Technologies, Inc., among others.

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The report is an investigative study that determines market growth and market scope on the basis of market trends, consumer behavior shifts, consumption and production patterns, product portfolio offered by the market, growth rate, drivers and constraints, financial positions, and existing challenges and limitations of the Tele-Intensive Care Unit (ICU) market.

The report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each player along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others.

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The regional bifurcation of the regional key market segments such as North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report in detail the market growth, market size, revenue growth, market share, production and consumption, demand and supply, current and emerging trends, and technological developments in each region.

The key geographical regions analyzed in the market report are:

• North America (USA, Canada)
• Europe (UK, Italy, Germany, France, Rest of EU)
• AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)

Tele-Intensive Care Unit (ICU) Market Segmentation based on Types:

Type Outlook (Revenue, USD Billion; 2017-2027)

• Surgical Robots
• Rehabilitation Robots
• Emergency Response Utility Robots
• Others

Outlook Components (Revenue, USD Billion; 2017-2027)

• Hardware
• Software

Type of ICU Outlook (Revenue, USD Billion; 2017-2027)

• Traditional Medical ICU (TMICU)
• Cardiac Care Unit (CCU)
• Neonatal ICU (NICU)
• Pediatric ICU (PICU)
• Trauma ICU (TICU)
• Psychiatric ICU (PICU)
• Post-Anesthesia CU (PACU)
• High-Dependency Unit (HDU)
• Others

Further key findings from the report suggest

• Based on type, the decentralized segment is estimated to account for the majority of the market revenue share, delivering a CAGR of 16.2% through 2027.
• The centralized model segment is estimated to intensively contribute to the tele-care unit market share, generating revenue close to USD 4.02 billion by 2027 as advanced data technologies are enabling hospitals to centralize their application servers and patient record servers in one location.
• Based on component, the software segment was cumulative to USD 564.19 million in 2019 and is forecast to witness a CAGR of 20.2% over the forecast period.
• In the regional landscape, North America accounts for the majority of the tele-intensive care unit market in 2019 and is anticipated to exhibit a growth rate of 15.2% through 2027. The robust growth can be attributed to the increasing integration of the tele-ICU model across the US, enabling a single offsite physician to cover many centers in order to increase efficiency and cutting overall staffing costs.
• The Asia-Pacific region is estimated to showcase a CAGR of 18% over the forecast period on account of the huge target population along with the advancement of the healthcare system supported by the regional government.

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