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Stock impact report

Increasing Demand for Remote Patient Monitoring to Drive the Growth of the Tele-intensive Care Unit Market; says TN, The Niche Research [Yahoo! Finance]

Koninklijke Philips N.V. NY Registry Shares (PHG) 
US:NYSE Investor Relations: philips.com/a-w/about/investor.html
Company Research Source: Yahoo! Finance
Wilmington, Delaware, May 07, 2024 (GLOBE NEWSWIRE) -- The global tele-intensive care unit (tele-ICU) market is experiencing significant growth attributed to technological advancements, increasing demand for remote patient monitoring, and the COVID-19 pandemic's impact on healthcare delivery. Tele-ICU systems facilitate real-time monitoring, consultation, and management of critically ill patients, enhancing access to specialized care and improving patient outcomes. Key players such as Philips Healthcare, Advanced ICU Care, and Banner Health are dominating the market with innovative solutions and strategic collaborations. Additionally, favorable government initiatives promoting telemedicine adoption and rising healthcare expenditure is further propelling the global tele-intensive care unit market expansion. However, challenges related to data security, interoperability, and regulatory compliance persist. Despite these hurdles, the tele-intensive care unit market is expected to witne Show less Read more
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