Overview and Scope
Nurse call systems are innovative systems that improve the interaction between patients and healthcare workers by helping informing nurses on time, enhancing alertness, and operational efficiency, especially in the case of emergencies. The nurse call system is used for a variety of communication and patient monitoring functions.
Sizing and Forecast
The nurse call system market size has grown rapidly in recent years. It will grow from $2.44 billion in 2023 to $2.74 billion in 2024 at a compound annual growth rate (CAGR) of 12.2%. The growth in the historic period can be attributed to healthcare industry growth, aging population, patient safety, regulatory compliance, emergency response.
The nurse call system market size is expected to see rapid growth in the next few years. It will grow to $4.51 billion in 2028 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to infection control, telehealth services, sustainable practices, mobile applications, staff and patient satisfaction. Major trends in the forecast period include internet of things (iot), artificial intelligence (ai), real-time location services (rtls), technological advancements, remote patient monitoring.
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Segmentation & Regional Insights
The nurse call system market covered in this report is segmented –
1) Nurse Call System Market By Type: Button-Based Systems, Integrated Communication Systems, Mobile Systems, Intercom Systems
2) Nurse Call System Market By Technology: Wired Communication, Wireless Communication
3) Nurse Call System Market By Applications: Emergency Medical Alarms, Wanderer Control, Workflow Support, Other Applications
4) Nurse Call System Market By End User: Hospitals, Long-term Care Facilities, Clinics and Physician Offices, Other End Users
North America was the largest region in the nurse call system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nurse call system market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rise in the geriatric population is significantly contributing to the growth of the nurse call system market going forward. The geriatric population is sensitive to diseases such as osteoarthritis, chronic obstructive pulmonary diseases, and diabetes mellitus as their immune systems develop slowly with increasing age. A significant increase in the global elderly population has increased the demand for competent nursing care services that provide rapid response, streamlined, customized communication among patients. For instance, according to the United Nations Department of Economic and Social Affairs, a US-based intergovernmental organization, in 2020, there were approximately 727 million people aged 65 years and above worldwide, and that number is expected to reach approximately 1.5 billion by 2050. Therefore, the rise in the geriatric population is driving the growth of the nurse call system market.
Key Industry Players
Major companies operating in the nurse call system market include Johnson Controls International plc, Rauland-Borg Corporation, Ascom Holding AG, Honeywell International Inc., Azure Healthcare Limited, Jeron Electronic Systems Inc., Vifor Pharma Group, Courtney Thorne Limited, Siemens Energy & Automation Inc., Baxter International Inc., BioScrip Inc., Grifols S.A., JW Life Science Corporation, CVS Health Corporation, Hill-Rom Services Inc., Systems Technologies Inc., Siemens AG, Austco Communication Systems Pty Ltd., West-Com Nurse Call Systems Inc., MEEYI Medical Technology Co. Ltd., Schrack Seconet AG, Stanley Black & Decker Inc., Vigil Health Solutions Inc., Ametek Inc., Critical Alert Systems LLC, IgeaCare Solutions Inc., BEC Integrated Solutions LLC, Fujian Huanyutong Technology Co. Ltd., Wireless NurseCall Systems Inc., TekTone Sound & Signal Mfg. Inc., Momentum Healthware Inc., Caretronic Systems Pvt. Ltd., Intercall Systems Inc., Wandsworth Group Limited, Static Systems Group plc, Aid Call Limited, Medicare Systems Pvt. Ltd., Legrand North America LLC, Curbell Medical Products Inc., Cornell Communications Inc., Mircom Technologies Ltd.
The nurse call system market report table of contents includes:
1. Executive Summary
2. Nurse Call System Market Characteristics
3. Nurse Call System Market Trends And Strategies
4. Nurse Call System Market - Macro Economic Scenario
5. Global Nurse Call System Market Size and Growth
.....
32. Global Nurse Call System Market Competitive Benchmarking
33. Global Nurse Call System Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Nurse Call System Market
35. Nurse Call System Market Future Outlook and Potential Analysis
36. Appendix
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Nurse Call System Market ScopeThe global nurse call system market could register a CAGR of 9.5 % during the forecast period (2018-2023), suggests Market Research Future (MRFR).Nurse Call System Market Growth Drivers and Key BarriersThe nurse call system has noted a radical move from analog stand-alone to digital IP-based solutions in the past couple of years.
This has led to less fatigue and increased workflow efficiency among attendants, a factor which could benefit the market to a great extent.The hike in need for highly integrated hospital platforms and the rising preference for mobile devices are projected to sit well with the future market growth.
In addition, favorable reimbursement scenario could help the market growth in the coming years.
On a different note, surging healthcare investments by the government along with the mounting demand for better technological advancements will ensure that the market has a smooth run during the conjectured time frame.Nurse Call System Market SegmentationThe worldwide market for nurse call system has been segmented on the basis of type, technology, applications, and end users.The market, depending on the type, is considered for nurse call buttons, nurse call integrated communication systems, nurse call mobile systems, nurse call intercoms, and others.The market, technology-wise, covers wired systems and wireless systems.Application-based segments are medical emergency, alarms, workflow management, and others.The end users highlighted in the report are hospitals & nursing homes, assisted living centers, ambulatory care centers, and others.
With the burgeoning population uplifting the demand for personal emergency response technologies, the regional market will get a significant boost in the following years.
Also, the lavish budget has lifted the funds for the settlement of Internationally Educated Nurses (IENs) in Canada.
Market ScopeMarket Research Future (MRFR) expects the global nurse call system market 2020 to record a decent CAGR of 9.5% between 2018 and 2023 (forecast period).Brief Overview Nurse call systems or nurse call devices can be described as communication systems that find extensive use in hospitals as well as nursing homes.
Get Free Sample @ https://www.marketresearchfuture.com/sample_request/5631 Market Boosters and Main Barriers Innovations in communication and information technology exhibit the potential to be used for various advancements in nurse call systems, facilitating efficient work as well as and patient bed allotment, emergency management safety of nurse staff, patient monitoring, and more.
Likewise, with the rising prevalence of neurological disorders, predominantly among the geriatric population, the adoption of nurse call systems is set to mount significantly over the coming years.
Market Segmentation The global market for nurse call system has been segmented depending on type, technology, applications, and end users.The types of nurse call systems are nurse call integrated communication systems, nurse call buttons, nurse call intercoms, nurse call mobile systems, and others.The technologies being integrated with nurse call systems include wired systems as well as wireless systems.The applications that have been discussed in the MRFR report are workflow management, alarms, medical emergency, and others.The primary end users in the worldwide market are ambulatory care centers, assisted living centers, hospitals & nursing homes, and others.
Assisted living centers can, however, acquire the fastest growth rate, on account of the expanding geriatric population as well as the mounting need for such assisted living centers.Regional Outlook The nurse call system market has been regionally divided into Europe, the Americas, Asia Pacific (APAC), as well as the Middle East & Africa (MEA).North America was the biggest shareholder in the global market in the year 2016, accounting for approximately 40%.
The U.S. stands at the vanguard of the region, commanding the largest share, thanks to the highly-developed healthcare infrastructure, faster uptake of the latest technologies, a large number of hospitals as well as healthcare institutions along with the high per capita income among others.
