India Tele-intensive Care Unit Market to Grow at a CAGR of XXXX% to reach US$ XXXX Million from 2020 to 2027

The India tele-intensive care unit market is expected to reach US$ 169.68 million by 2027 from US$ 32.40 million in 2019. The market is estimated to grow with a CAGR of 23.9% from 2020 to 2027.

The growth of the market is driven by the factors, such as growing government initiatives for digital health, and increasing ICU admission. However, the market is likely to have a diminished growth due to barriers to telehealth in rural areas.

Tele-ICU is built for the new healthcare reality, where clinical and hospital executives are accountable for outcomes, processes, quality, and costs. The collaborative tele-ICU is a transformative process, a paradigm shift in patient care. Today’s ICUs are under tremendous pressure to achieve better outcomes at lower cost, while dealing with a serious shortage of intensivist and ICU nurses.

Increasing prevalence of chronic diseases like cardiovascular, respiratory diseases, mental disorders, diabetes, and cancer have led to increase in ICU admissions in India. As per the Globocan India, in 2018, there were 11,57,294 new cases of cancer in India and around 7,84,821 deaths due to cancer in the country. As per the American Heart Association, Inc, in 2016, around 54.5 million suffered from cardiovascular disease (CVDs). One in 4 deaths in India are due to CVDs. Additionally the growing aging population is increasing the number of ICU admissions. As per the United Nations Population Fund and HelpAge India report, it is estimated that the number of elderly persons is expected to reach 173 million by 2026.

The growing number of COVID-19 cases in India has led to increasing number of ICU admissions. In Mumbai, the state government has identified Nanavati, St. George, Saifee, Wockhardt, HBT Trauma Care, and Seven Hills Hospitals as critical care hospitals for COVID-19. Due to rising number of infection cases, these hospitals have fully occupied ICU beds. India has only 4500 ICU specialists. The Muzaffarpur hospital in Bihar does not have ICU specialists and so a team from medtech startup CloudPhysicians, Bengaluru, is analyzing patient data and helping the doctors to take clinical decisions in treating COVID-19 patients.

Therefore, the increasing number of ICU admissions and higher preference for the tele-ICU is likely to boost the growth of the India tele-intensive care unit market

India tele-intensive care unit Market Revenue and Forecast to 2027 (US$ Mn)

India Tele-intensive Care Unit – Market Segmentation

India Tele-intensive Care Unit Market - By Type

• Centralized
• Decentralize
• Others

India Tele-intensive Care Unit Market - By Component

• Hardware
  • Therapeutic Devices
  • Computer Systems
  • Communication Lines
• Software

India Tele-intensive Care Unit Market - By Zone

• North India

  • Delhi
  • Jaipur

• South India

  • Hyderabad
  • Chennai
  • Bangalore

• East India

  • Kolkata
  • Ranchi

• West India

  • Mumbai
  • Ahmedabad

• Central India

  • Raipur
  • Bhopal

India Tele-intensive Care Unit Market - Company Profiles

• Koninklijke Philips N.V.
• InTouch Technologies, Inc.
• CEIBA HEALTHCARE
• Advanced ICU Care
• Apollo Telehealth
• Eagle Telemedicine
• INTeleICU
• Cloudphysician
• General Electric Company
• CareBridge Technologies

India Tele-intensive Care Unit Report Scope