Global Nurse Call Systems Market Size & CAGR (2021 to 2026)
The size of the global nurse call systems market is expected to be worth USD 1.61 billion in 2021 and USD 2.61 billion by 2026, growing at a CAGR of 10.2% from 2021 to 2026.
Impact of COVID-19 on the global nurse call systems market:
Temporary hospitals are also being built to deal with the rising number of diseases. They do not, however, have the necessary infrastructure to facilitate communication between nurses and patients. The pandemic has negatively impacted healthcare systems around the world, with hospitals being overloaded as the number of patients rises. The expanding demand for remote care and COVID-19 has resulted in the expansion of healthcare infrastructure and a requirement for better communication networks. Nurse call systems are being used more frequently in hospitals and other healthcare facilities due to the COVID–19 pandemic. Growing demand for healthcare services and an influx of COVID-19 cases have boosted healthcare infrastructure, and the need for better communication systems such as nurse call systems is increasing.
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KEY DRIVING FACTORS:
Technological advancements are significantly boosting the global nurse call systems market’s growth rate.
Nurse call system development tasks such as optimizing work and patient bed allocation, patient monitoring, nurse staff safety, and emergency management could benefit from advances in communication and information technology. In addition, newer technology may aid in identifying and grading the severity and nature of emergencies among patients admitted to a hospital or nursing home.
The easy communication feature of these devices is accelerating the usage. Thus, driving the market growth.
Nurse call systems are essential in healthcare settings for successful communication. These technologies enable patients, clinicians, and caregivers to communicate more quickly and effectively, resulting in higher patient satisfaction and care quality. As a result, nurse call systems have become an essential factor of a hospital’s communication system.
RESTRAINING FACTORS:
High costs associated with the devices are expected to restrict the market’s growth rate.
The high costs of implementing nurse call systems and the rise in unfavorable regulations are among the primary factors that will restrict market expansion and further limit the growth of the nurse call systems market. The hardware, software, and staff training levels of a healthcare facility all influence the effectiveness of a nurse call system. As a result, for nurse call systems to be implemented and used effectively.
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KEY MARKET INSIGHTS:
- Based on Type, Due to the increasing use of the most up-to-date equipment in the healthcare sector, the button-based systems segment leads the market with the largest market share.
- Based on Technology, Due to rapid improvements in wireless communication technology, wireless communication systems are expected to be the fastest-growing market. Moreover, in comparison to other technologies, they have more vital integration abilities.
- Based on Application, Due to their significant role in facilitating communication between nurses, patients, and other caregivers, the alarms & communications segment is likely to account for the most important proportion of the nurse call system industry.
- Based on End-User, In 2019, hospitals held the highest proportion of the nurse call system market. The large share of this segment can be attributable to various factors, including improved patient safety and caregiver productivity, among others.
- Based on Region, Because of its well-established healthcare system and strong adoption of digital healthcare, North America is likely to lead the nurse call systems market over the forecast period. In addition, because of improved reimbursement systems, such as Medicare, the United States is likely to have the largest market share in this region.
- Nurse call systems are a highly competitive sector. With the expanding digitization of healthcare, several small and mid-sized businesses are joining the industry to extend their presence. Ascom Holding AG, Honeywell International, Inc., Cornell Communications Inc., Ametek Inc., Azure Healthcare Limited, Hill-Rom Holdings, Inc., Johnson Control, Jeron Electronic System Inc., Stanley Healthcare, and Vigil Health Solutions Inc. are just a few of the companies profiled in this industry.
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RECENT MARKET DEVELOPMENTS:
- Tunstall Carecom, a nurse call system, was launched in the UK by Tunstall Group (UK) in December 2019.
- In July 2020, Hill-Rom Holdings Inc. announced a partnership with Aiva to develop a voice-based hands-free communication device that will enable nurse call, medical device integration, alert and alarm management, and waveform digitization, as well as caregiver-to-patient and caregiver-to-caregiver assistance.
- Tunstall Healthcare announced Tunstall Carecom, innovative wireless, and digital nurse call system, in the United Kingdom in December 2019. The device was created to support nursing homes and residential facilities to meet the demands of modern care delivery.
- Ascom (Switzerland) released the Myco 3 smartphone in February 2019, which will assist the company further penetrate the nurse call systems industry with its innovative and integrated system.
- Critical Alert Systems announced in February 2019 that it had struck a deal to acquire Sphere3 Consulting. When these two organizations work together, they’ll provide an integrated, cutting-edge patient communication and experience management platform.
SEGMENTS COVERED IN THIS REPORT:
By Type:
- Button-Based Systems
- Integrated Communication Systems
- Mobile Systems
- Intercom Systems
By Technology:
- Wired communication
- Wireless communication
By Application:
- Alarms & Communications
- Workflow Optimization
- Wanderer Control
- Fall Detection & Prevention
By End User:
- Hospitals
- Long-term Care Facilities
- Clinics & Physician Offices
By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- The Middle East and Africa
BROWSE REGIONAL REPORTS:
- The United States Nurse Call Systems Market
- Europe Nurse Call Systems Market
- APAC Nurse Call Systems Market
- Latin America Nurse Call Systems Market
- MEA Nurse Call Systems Market
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