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Tele-Intensive Care Unit (ICU) Market to Reach USD 6.87 Billion by 2027 | CAGR of 14.8 %

: New York, United States, 14-July-2020, (Via WiredRelease), (Reports and Data) – The Global Tele-Intensive Care Unit Market is forecast to reach USD 6.87 billion by 2027. An aging demographics with a resulting increase in overall critical care needs coupled with the limited availability of the highly skilled critical or intensive care providers, physicians, and nurses have resulted in a high requirement of alternative availability of the physical hospital-based intensive care units. Also the extensive rise in the ICU bed charges and inpatient expanses have been an incisive constraint for many patients around the world. Tele-ICU is more broadly defined as a system that utilizes remote monitoring technology to promote the efficient deployment of intensive and critical care resources.

The ICU environment continuously accosts clinicians with distractions, alarms, and interruptions that generates a potential for a rise in error rates. While addressing the needs of one patient, the physicians may be unaware of another patient’s change in status that requires immediate attention. These are the second set of eyes that provides additional clinical surveillance and support.  It has the potential to support without distraction and deliver timely interventions in cases where minutes may make a vast difference. The purpose of these systems is not to replace bedside clinicians, but to provide improved safety through redundancy and enhance outcomes through standardization.

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The COVID-19 impact:
COVID-19 has created an endless disruptions in the flow of healthcare industry, where most of the hospitals have been converted into the special units for taking care of a huge number of coronavirus effected patients. As the number of positive cases rising, the amount of critical patients are also being admitted to the ICUs. As a result of which even many leading countries in healthcare industries have faced shortfall in the sufficient ICU beds and many patients are losing out on the critical care facilities. Tele-ICUs have been highly effective and beneficial in the current scenario, where more and more healthcare providers have started adopting these facilities and catering to their patients.

Key participants include

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

For the purpose of this report, Reports and Data have segmented into the global Tele-Intensive Care Unit (ICU) market on the basis of type, propellants, application, and region:

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

Surgical Robots Rehabilitation Robots Emergency Response & Utility Robots Others

Component Outlook (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

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Regional Outlook (Revenue, USD Million; 2017-2027)

North America S Europe K France Asia Pacific China India Japan MEA Latin America Brazil

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Key insights of the report:

 The report delivers key statistics on the current market status of the Tele-Intensive Care Unit (ICU) manufacturers and is a reliable source of guidance and direction for the companies and individuals interested in the industry.

The report delivers an overview of the industry, including the basic definition, applications, the latest manufacturing technology, and others. The report comprises of the company profile, product specifications, production capacity, production value, and market shares for the key competitors. The market is further divided by company, by country, and by application/type for the competitive landscape analysis.

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Last Updated: 16-Jul-2020