ID: MRFR/HCIT/4176-HCR | February 2021 | Region: Global | 100 pages
Nurse Call System Market Scenario
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 share 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 the growing geriatric population and the rising complexity of hospital operations are expected to drive the growth of the market.
Moreover, favorable healthcare investments by the government and the rising demand for better technological advancements boost the growth of the market. However, stringent government regulation and the huge cost of installation may hamper the market growth during the assessment period.
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.
The market, by applications, has been segmented into 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. Hospitals and nursing homes are expected to hold the largest market share in this segment owing to the rising number of public as well as private hospitals. Assisted living centers are expected to be the fastest-growing market owing to the increasing geriatric population and the rising need of such assisted living centers.
The market, by region, has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The nurse call system market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European nurse call system market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified into Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The nurse call system market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The nurse call system market in the Middle East & Africa has been segmented into the Middle East and Africa.
Austco Communication Systems Pty Ltd., Honeywell International Inc., Hill-Rom Services Inc., Ascom, Johnson Controls., CSINC, 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 are some of the key players in the global nurse call system market.
Regional Market Summary
Global Nurse Call System Market Share (%), by Region, 2017
Source: World Health Organization (WHO), Centers for Disease Control and Prevention (CDC)
Geographically, the Americas is anticipated to dominate the global nurse call system market owing to the fast uptake of new technologies like nurse call systems and growing geriatric population. According to a report published by the Population Reference Bureau, in January 2016, 15% of the total population of America consists of people above the age of 65 years. Additionally, increased funding for better healthcare infrastructure in this region contributes to the growth of the market.
Europe is expected to hold the second-largest position in the global nurse call system market. The market growth in this region is attributed to the well-developed healthcare industry and the rising population of sick people in hospitals.
Asia-Pacific is anticipated to be the fastest-growing region in the market due to the developing healthcare facilities in the developing economies and increasing aging population. According to a report published by Silver Eco in October 2017, in Japan, 27.7 people are elderly or aged.
On the other hand, the Middle East & Africa has the lowest market share. The market growth in this region is owing to the developing healthcare industry.
Global Nurse Call System Market, by Type
Global Nurse Call System Market, by Technology
Global Nurse Call System Market, by Application
Global Nurse Call System Market, by End-User
Global Nurse Call System Market, by Region
Frequently Asked Questions (FAQ) :
End user industries like assisted living centers, ambulatory care centers, hospitals & nursing homes, and others would trigger the global market for the nurse call system.
The North American market has maximum growth opportunities for the nurse call system market.
The Asia Pacific region would be growing with the fastest growth rate in the nurse call system market.
The nurse call system market has the chance to achieve a growth of 9.5% CAGR during the review period of 2018 to 2023.
The nurse call system market can be bogged down by the high installation cost.