Nurse Call System Market In-Depth Analysis, Historical Analysis, Type and 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.