Nurse Call System Market is Rising at a Trendy CAGR of 9.5% During Forecast to 2023
Market Highlights:
Nurse call systems increase safety
mechanism for patients and provide
flexibility in communicating with a broader
patient group and respond timely to patient needs. Nurse call systems are
particularly helpful in remote areas.
The growing incidence
rate of chronic diseases has resulted in increased patient influx in hospitals
which makes it tedious for hospital staffs to monitor all at a time. This has significantly created a pressing need
for nurse call systems and driven the market. Moreover, the rise in the number
of medical emergency cases has
also been a plus for the market growth
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Nurse call systems are of paramount
importance in case of senior care services and assisted living facilities where
the elderly population is at a greater need for constant monitoring and help.
Rise in the geriatric population and increasing
cases of senior patient hospitalization has favored
the growth of the global nurse call system market.
High technology adoption rate among
hospitals to offer better patient response time and increase workflow
efficiency has significantly contributed to the demand for nurse call systems. In addition, technological advancement in nurse
call systems has resulted in better integrationand interoperability which has raised adoption
among hospitals. Furthermore, increased healthcare expenditure, especially in
emerging economies where the governments are investing in the modernization of
the healthcare sector has significantly fuelled market
growth.
Nurse call systems are used to monitor
patients in assisted living or old age centers
or to indicate any untoward incidence. These systems are intended to alert the
nurses in case of medical emergency and improve communication between staff and
patients. The global Nurse Call System Market Manufacturers is expected to strike a notable CAGR of 9.5% over the forecast period of 2018-2023, affirms Market Research
Future (MRFR) in an in-depth study.
Product development and novel product
innovation are key factors enhancing market
growth. However, the growth of the market might be
hindered by high costsassociated with nurse call systems which might
restrict growth in cost-sensitive
markets. Besides, the lack of trained
healthcare professionals to operate such systems is also possible bottlenecks to market
growth.
Competitive
Landscape
Cornell
Communications,STANLEY Healthcare,Honeywell International Inc.,Jeron Electronic
Systems Inc.,West-Com Nurse Call System, Inc.,Azure Healthcare,Austco
Communication Systems Pty Ltd.,Systems Technologies,Vigil Health Solutions
Inc.,Ascom, Johnson Controls.,
CSINC, AMETEK, Inc.,Hill-Rom Services Inc., and BEC Integrated
Solutions, LLC
Segmentation
·
The global nurse call system market has been segmented based on type, technology, application, and end-user.
·
By type, the global nurse call system market has been segmented into nurse call buttons, nurse call integrated communication systems,
nurse call mobile systems, nurse call intercoms, and others.
·
By technology, the global nurse call system market has been segmented into wired systems and wireless
systems.
·
By application, the global nurse call system market has been segmentedinto medical emergency, alarms,
workflow management, and others.
·
By end-user, the global nurse call system market has beensegmented
into hospitals & nursing homes, assisted living centers, ambulatory care
centers, and others.
Regional
Analysis
By region, the global nurse call
system market has been segmented into the
Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas is leading the global
nurse call system market due to the fast
uptake of latest technologies in the
region and high healthcare expenditure. Moreover, increasinggeriatric
population contributessignificantly to the growth of the market.
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Europe accounts for the second largest
share of the global nurse call system market. The growth of the market can be attributed to the presence of robust healthcare infrastructure and growing population of old and sick people in
the region.
APAC is poised to showcase rapid
growth in the global nurse call system and expand at a relatively faster pace. Development
of healthcare infrastructure, surging awareness regarding nurse call systems
and rising geriatric population are factors boosting the growth of the market.
Industry
Updates
February 2019- Critical Alert Systems,
LLC, a company which designs and delivers nurse call solutions, introduced new
enterprise-class software application, CommonPath Enterprise, a Nurse Call
System at HIMSS19 in Orlando, Florida, U.S.
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