The [FURL=https://www.industryarc.com/Report/16912/tele-intensive-care-services-market.html]Tele-Intensive Care Services Market[/FURL] size is forecast to reach $8.29 billion by 2025, growing at a CAGR of 14.6% during the forecast period 2020-2025. Tele-Intensive Care ICU is an application of telemedicine that deals with the critical care of a patient in a hospital. Tele-ICU aids in connecting the critical care team at a distant location with the bedside ICU team with the help of audio-visual communication and monitoring systems. Rise in the number of intensive care units globally and incessant technological advancements in remote patient monitoring technologies is the major factor driving the growth of the market.Key Takeaways
North America dominated the Tele-Intensive Care Services Market in 2019 owing to the presence of high-speed internet connectivity, IT infrastructure, and robust communication networks. The Tele-Intensive Care Services Market scope for different regions will be provided in the final report.
The rapidly growing cosmetic industry, and rising health consciousness of people around the world is likely to aid in the market growth of the Tele-Intensive Care Services Market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Tele-Intensive Care Services Market report.
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Tele-Intensive Care Services Market Segment Analysis - By Geography
North America dominated the Tele-Intensive Care Services Market in 2019 with a share of more than 40.22%, followed by the Asia Pacific owing to the presence of high-speed internet connectivity, IT infrastructure, and robust communication networks.
However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the favourable government initiatives for the advancement of the healthcare system. Bolstering medical device electronics, especially remote human-machine interface devices is also increasing the growth of the Tele-Intensive Care Services Market in this region.
Tele-Intensive Care Services Market Drivers
Rising demand for remote patient monitoring
Growth in the healthcare industries
Tele-Intensive Care Services Market Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Tele-Intensive Care Services Market. In 2019, the Tele-Intensive Care Services Market share is consolidated by the top ten players present in the market. Tele-Intensive Care Services Market, the top 10 companies are InTouch Technologies, Inc., Advanced ICU Care, Koninklijke Philips N.V., UPMC, Banner Health, TeleICUCare, Eagle Telemedicine, Apollo TeleHealth Services, SOC Telemed, and INTeleICU among others.
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