The Global Nurse Call System Market is expected to grow significantly over the forecast period. It is estimated that the global nurse call system market is expected to register a CAGR ~ 9.5 % during the forecast period from 2018 to 2023. Nurse call systems are aimed at alerting the nurses in case of medical emergency situations or when patients need care. These systems are also used to track a patient particularly in assisted living or old age centers or are used to give a signal of a probable situation in case of ambulatory services.
Numerous factors such as growing geriatric population and rising complexity of hospital operations are expected to drive the growth of the market.
Moreover, favorable healthcare investments by government and the rising demand for better technological advancements boosts the growth of the market. However, stringent government regulation and the huge cost of installation may hamper the market growth during the assessment period.
Latest Nurse Call System Market Trends:
Wired systems will make way for wireless systems, a trend that is prevalent in all fields of communication technology. Smart wearable’s are expected to trump manual systems. The developments in automated sensor technology, internet of things and machine learning and others is expected to be the next wave of products.
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The drivers of the Global Nurse Call System Market are the growing complexity of hospital operations, growing assisted living centres and the concurrent growth in elderly and chronic sick population and others. Technological developments such as advanced coverage of network, growing connectivity, falling cost of devices, negligible cost of scalability of communication in case of expansion and others.
Major Market players of Global Nurse Call System Industry:
- Austco Communication Systems Pty Ltd.,
- Honeywell International Inc.,
- Hill-Rom Services Inc.,
- Johnson Controls.,
- AMETEK, Inc.,
- STANLEY Healthcare,
- West-Com Nurse Call System, Inc,
- Azure Healthcare,
- Cornell Communications,
- Jeron Electronic Systems Inc.,
- Vigil Health Solutions Inc.,
- BEC Integrated Solutions, LLC, and
- Systems Technologies.
Extended functionality owing to technological convergence is ubiquitous in every segment of information technology and electronics industry and the nurse call systems market is no exception to this trend.
Worldwide Nurse Call System Market – Segmentations
The global nurse call system market has been segmented into type, technology, applications, and end-users.
The market, on the basis of type, has been segmented into nurse call buttons, nurse call integrated communication systems, nurse call mobile systems, nurse call intercoms, and others.
The market, by technology, has been segmented into wired systems and wireless systems. Wired systems are anticipated to account for the largest market share by technology, owing to its low cost and its fast speed of transmission. Wireless systems are expected to be the fastest growing due to their high level of system integration, better patient mobility and changing trends in the field of communication technology.
The market, by applications, has been segmented into a medical emergency, alarms, workflow management, and others.
The market, by end users, has been segmented into hospitals & nursing homes, assisted living centers, ambulatory care centers, and others.
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Nurse Call System Market Regional Analysis:
The market in the Americas is expected to dominate the global nurse call system market during the forecast period owing to the speedy adoption of new technologies and the presence of many large hospitals. According to an article published by the American Hospital Association in 2018, the US has a total of 5,534 registered hospitals. The European market is expected to be the second-largest due to the well-developed healthcare infrastructure and rising geriatric population in the region. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the assessment period owing to rising expenditure on the improvement of healthcare infrastructure and a growing aging population which is increasing the patient population. The market in the Middle East & Africa is likely to account for the smallest share of the global nurse call system market. The market growth in this region can be attributed to the improving healthcare infrastructure.
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