Market Analysis 2019 Tele-Intensive Care Unit Market Analysis | Page 2

Global Tele-Intensive Care Unit Market to 2027 www.theinsightpartners.com Tele-Intensive Care Unit Market to Grow at 22.5% CAGR to Reach $7,363.3 Million by 2027 Latest market study on “Tele-Intensive Care Unit Market to 2027 – Global Analysis and Forecasts by Type (Centralized, Decentralized, and Others), Component (Hardware, Software) and Geography The global tele-intensive care unit market is expected to reach US$ 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 2