Nurse Call Systems Market Size 2021 | Covid-19 Impact Analysis | Business Outlook, Growth, Trends and Forecasts 2027
The global market for nurse call systems is expected to show rapid growth. The key factors driving this market's growth are an increasing geriatric population with a rising need for digital healthcare, an increase in the number of hospitals implementing a nursing call system, growing public and private sector investments in digital healthcare systems, and technological advancement in nursing call systems. The adoption of real-time location system (RTLS) integrated with wireless technology in different healthcare facilities drives the market. RTLS allows healthcare facilities to monitor caregivers and equipment movement in order to increase efficiency. For example, in 2016 Piedmont Healthcare implemented RTLS to track the location of its assets in six different hospitals.
In addition, with the increase in home healthcare and nursing home services, major players in the industry are focused on the need for faster patient response time as well as reducing nurse fatigue. Vendors distinguish their products by integrating different diagnostic tools and innovations into their apps. For example, Vocera Communications, Inc. introduced a new analytics system in June 2019 which provides information on the number of calls, messages, alarms and warnings clinicians receive. Through such integration, industry players are providing personalized services according to patient needs.
The nurse call system market was dominated by the wired communication equipment segment in 2019. Industry players provide integrated solutions in which the data stored in the monitor screen is a list of the readings from various systems. Hospitals are expanding their services by integrating technology-updated systems to deliver real time information. Due to the higher level of integration, lower installation costs compared to wired technology, and greater patient accessibility, wireless technology is the fastest growing segment Patient accessibility is essential to senior and assisted living facilities, where wireless nurse call buttons or pendants are of great help. Rauland unveiled a next-generation platform in January 2019 to automate clinical workflow for improved patient outcomes for its Responder intelligent nurse call solution.
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Due to the increasing introduction of advanced technologies, nurse call integrated communication systems have dominated the nurse call systems market, increasing patient satisfaction and improving the efficiency of nurses and multiple channels, such as long-term care facilities. Governments are focused on supporting hospitals with rapid technological advances to further implement the latest nurse call systems. Owing to several policy amendments, improvements in insurance coverage, and received funds to upgrade hospitals with technology-driven nursing call systems, North America had the largest share in 2019. Registered nurses are in short supply for the U.S. healthcare providers. Approximately 55 per cent of nurses are expected to retire between 2011 and 2020. Hospitals are increasing their health care expenditures to upgrade outdated technology and infrastructure for improved patient care.
Nurse Call Systems Market Revenue & Forecast, (US$ Million), 2015 – 2027
Competitive Landscape
The report provides both, qualitative and quantitative research of nurse call systems market, as well as provides comprehensive insights and development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analysed in the report. For each company, the report studies their global presence, competitors, service offerings and specification amongst others.
The key market players include: Tyco SimplexGrinnell; Hill-Rom Holding, Inc.; Rauland-Borg Corporation; Honeywell International, Inc.; Ascom Holding; TekTone Sound and Signal Mfg., Inc.; Azure Healthcare; Stanley Healthcare; Critical Alert Systems LLC; and West-Com Nurse Call Systems, Inc.
Nurse Call Systems Market:
By Type: (Button, Integrated Communication System, Intercom, Mobile System)
By Technology: (Wired, Wireless)
By Application: (Alarm & Communication, Workflow Optimization, Fall detector)
By End User: (Hospital and Specialty Clinics , Assisted Living Centers , Long Term Healthcare Facilities , Nursing Home)
By Geography:
North America: (U.S, Canada, Mexico, Rest of North America)
Europe: (France, The UK, Spain, Germany, Italy)
Nordic Countries: (Denmark, Finland, Iceland, Sweden, Norway)
Benelux Union: (Belgium, The Netherlands, Luxembourg, Rest of Europe)
Asia Pacific:(China, Japan, India, New Zealand, Australia, South Korea)
Southeast Asia: (Indonesia, Thailand, Singapore)
Rest of Southeast Asia
Middle East and Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East and Africa)
Latin America: (Brazil, Argentina, Rest of Latina America)
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