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Nurse Call Systems Market that Improve the Quality of Care and Life

07-28-2016 02:09 PM CET | Health & Medicine

Press release from: /nurse-call-system-equipment-market.html

Technological advancements in the information and communication technology (ICT) have led to the increased demand for improved healthcare communication. Rising technological awareness has encouraged healthcare organizations and healthcare service providers to scout new technological solutions and systems. In addition, decreasing costs and ease of deployment of IT systems has enabled healthcare organizations to adopt and implement innovative technological solutions. Nurse call systems have offered a viable solution to the healthcare organizations to improve the quality, efficiency, and effectiveness of communication between the patients and nurses. These systems offer convenience and higher responsiveness in the patient-nurse communications, hence leading to improved quality of healthcare services. In addition, such systems play a critical role in enabling communication in cases of emergency including critical care, accident, and patient falls within the hospital premises.

Healthcare settings and organizations can choose from a wide range of nurse call systems including wired and wireless solutions, and stand-alone and integrated communication solutions. In addition, organizations are able to leverage the integrated solutions to help streamline nursing activities in order to offer better healthcare services. External factors such as aging population, increasing expenditure on healthcare services for aged population, and the rising number of assisted living centers across the world are expected to drive the growth of nurse call systems market during the forecast period. In 2013, the global nurse call systems market was valued at US$ 598.5 Mn and is expected to reach US$ 1,579.5 Mn by 2020, growing at a CAGR of 13.9% during the forecast period 2014 to 2020.

Nurse call system providers offer various equipment, namely nurse call buttons, nurse call intercoms, nurse call mobile systems, and nurse call integrated communication systems. Customers choose from a wide range of nurse call solutions depending on various factors such as scalability, flexibility, accessibility and security. Nurse call integrated communication systems held the largest market share of the overall nurse call systems market in 2013. With increasing demand for mobile solutions, the nurse call mobile systems market is forecast to grow at a significant rate during the forecast period 2014 to 2020.

Nurse call system providers offer wired and wireless communication equipment depending on the specific requirements of the healthcare facilities. In 2013, wired nurse call communication equipment held the largest market share in the overall nurse call systems market. Increasing demand for mobility and flexibility is expected to drive the demand for wireless nurse call communication equipment during the forecast period.

Nurse call systems are widely used in the various healthcare settings including hospitals, out-patient department (OPD), assisted living centers, and ambulatory services. Increasing need for effective healthcare communication and to improve quality of healthcare services is driving the demand for nurse call systems in the acute care segment. In assisted living facilities, factors such as ensuring patient safety and need for effective communication systems are driving the growth of nurse call systems market.

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North America nurse call systems market led the overall nurse call systems market in terms of revenue in 2013 on account of significant adoption of nurse call systems in the region across various healthcare settings. Europe held the second largest revenue share of the overall nurse call systems market in 2013. However, economic slowdown and reduced public expenditure in the region are impacting the growth of nurse call systems market in Europe. Nurse call systems market in Asia Pacific is expected to achieve significant growth during the forecast period from 2014 to 2020. Increasing demand from countries such as China, India, Japan and Singapore are expected to primarily drive the growth of this market in Asia Pacific region. Opportunities from other regions including Latin America and Africa are expected to further drive the growth of the nurse call systems market during the forecast period 2014 to 2020.

Rauland-Borg Corporation, Hill-Rom Holdings, Inc., Ascom Holding AG, and Azure Healthcare Limited were identified to be the top four players in the nurse call systems market in 2013. Other key players include Stanley Healthcare, Tyco SimplexGrinnell, Cornell Communications, Inc., Jeron Electronic Systems, Inc., TekTone Sound & Signal Mfg., Inc., Vigil Health Solutions, Inc. and Critical Alert Systems LLC.

Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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