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Nurse Call Systems Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Nurse Call Systems Market
Global nurse call systems market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over the 2018 to 2024
Market Outline: Global Nurse Call Systems Market
Nurse call systems are communication equipment designed to alert the nurse or other healthcare staff in case of medical emergency or when assistance is needed. These are widely used in the healthcare sector for medical emergency and used in assisted living homes and old age centers to give indication when help is required.
Market Dynamics: Global Nurse Call Systems Market
Increase in the growth of geriatric population coupled with rise in prevalence of chronic diseases are anticipated to drive the nurse call systems market. Moreover, technological advancements for nurse call systems, development in healthcare infrastructure, diversification of nurse call systems usage in different servicing areas, and increase in installation of nurse call systems by healthcare providers to offer better services are expected to spur nurse call systems market over the forecast years. However, high installation and maintenance cost, stringent regulations to pertain the deployment of nurse call systems in hospitals, and lack of awareness are expected to impede the growth of nurse call systems market over the forecast years.
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Market Scope: Global Nurse Call Systems Market
Global nurse call systems market is segmented based on product type, technology, application, and end user
Based on product type, market is segmented into the following:
• Intercom Systems
• Button Systems
• Integration Communication Systems
• Mobile Systems
• Others
Based on the technology, market is segmented into the following:
• Wired Systems
• Wireless Systems
Based on the application, market is segmented into the following:
• Emergency Medical Support
• Workflow Support
• Wanderer Support
• Others
Based on the end users, the market is segmented into the following:
• Hospitals
• Nursing Homes
• Assisted Living Centers
• Others
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Regional Analysis: Global Nurse Call Systems Market
Geographically, global nurse call systems market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America nurse call systems market led by U.S., due to government funding to incorporate the advanced technologies in nursing education in U.S., wide area of applications, and increase in geriatric population is expected to fuel the market. Europe nurse call systems market is driven by increase in demand for assisted living centers, high adoption of innovative technologies, and rise in prevalence of chronic diseases. However, Asia pacific nurse call systems market is expected to register fastest growth over the forecast period. Development in the healthcare infrastructure, rise in number of hospitals and nursing centers, and government enhancing the healthcare expenditure for providing the better nursing services are expected to fuel the market.
Competition Assessment: Global Nurse Call Systems Market
Some of the players in the global nurse call systems market include:
• Hill-Rom Holdings, Inc. (U.S.)
• Honeywell International, Inc. (U.S.)
• Ascom Holding AG (Switzerland)
• Rauland-Borg Corporation (U.S.)
• Tyco SimplexGrinnell (Tyco International PLC) (U.S.)
• Cornell Communications, Inc. (U.S.)
• Fresenius SE & Co. KGaA (Germany)
• Baxter International Inc. (U.S.)
• Azure Healthcare Ltd. (Australia)
• Jeron Electronic Systems, Inc. (U.S.)
• Salient Networks, Inc. (U.S.)
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Notable Market Developments: Global Nurse Call Systems Market
• In May 2017, Salient Networks and Responsecare, Inc. launched the RCare BCube wireless nurse call system in U.S.
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