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Nurse Call System Market Predicted to Reach 9.5% CAGR by Increase in Demand, Industry Revenue Status, Size Analysis and Forecast to 2023

01-02-2019 11:23 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Nurse Call System Market

Nurse Call System Market

Nurse call systems are intended to alert the nurses in case of medical emergency or need for care. These systems are also used to track a patient or to give an indication of an untoward incidence. The increasing geriatric population, technological advancements in the nurse call systems and growing need for better-integrated hospital platforms are expected to drive the growth of the market during the forecast period. Additionally, preference for mobile devices among people is likely to boost the market growth. On the other hand, high costs of implementation and lack of skilled professionals who can coordinate IT and healthcare both may hinder the growth of the market during the forecast period.

The global nurse call system market is currently dominated by many market players. The key players in the market are engaging themselves in new product launches and strategic collaborations to strengthen its market position. For instance, in July 2017, Austco Communication Systems Pty Ltd. launched Pulse Mobile, which is a nurse call alarm management component for smartphones.

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The Global Nurse Call System Market is expected to grow significantly over the forecast period. It is estimated that the global nurse call system market is expected to register a CAGR ~ 9.5 % during the forecast period from 2018 to 2023.

Key Players for Global Nurse Call System Market

Market Research Future (MRFR) recognizes the following companies as the key players in Nurse Call System Market: There are plenty of large and small market players which operate in this market all over the globe.

Some of the key players in the global nurse call system market are Austco Communication Systems Pty Ltd., Honeywell International Inc., Hill-Rom Services Inc., Ascom, Johnson Controls., CSINC, AMETEK, Inc., STANLEY Healthcare, West-Com Nurse Call System, Inc, Azure Healthcare, Cornell Communications, Jeron Electronic Systems Inc., Vigil Health Solutions Inc., BEC Integrated Solutions, LLC, and Systems Technologies.

Segments for Global Nurse Call System Market

The global nurse call system market has been segmented into type, technology, applications, and end-users.

The market, on the basis of type, has been segmented into nurse call buttons, nurse call integrated communication systems, nurse call mobile systems, nurse call intercoms, and others.

The market, by technology, has been segmented into wired systems and wireless systems. Wired systems are anticipated to account for the largest market share by technology, owing to its low cost and its fast speed of transmission. Wireless systems are expected to be the fastest growing due to their high level of system integration, better patient mobility and changing trends in the field of communication technology.

The market, by applications, has been segmented into a medical emergency, alarms, workflow management, and others.

The market, by end users, has been segmented into hospitals & nursing homes, assisted living centers, ambulatory care centers, and others.

Regional Analysis for Global Nurse Call System Market

The market in the Americas is expected to dominate the global nurse call system market during the forecast period owing to the speedy adoption of new technologies and the presence of many large hospitals. According to an article published by the American Hospital Association in 2018, the US has a total of 5,534 registered hospitals. The European market is expected to be the second-largest due to the well-developed healthcare infrastructure and rising geriatric population in the region. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the assessment period owing to rising expenditure on the improvement of healthcare infrastructure and a growing aging population which is increasing the patient population. The market in the Middle East & Africa is likely to account for the smallest share of the global nurse call system market. The market growth in this region can be attributed to the improving healthcare infrastructure.

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Some Brief Table of Contents of Report

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

TOC Continued…

LIST OF TABLES

Table 1 Global Nurse Call System Market Synopsis, 2018–2023

Table 2 Global Nurse Call System Market Estimates And Forecast, 2018–2023 (USD Million)

Table 3 Global Nurse Call System Market, By Region, 2018–2023 (USD Million)

Table 4 Global Nurse Call System Market, By Type, 2018–2023 (USD Million)

Table 5 Global Nurse Call System Market, By Technology, 2018–2023(USD Million)

Continued…

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LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation For Global Nurse Call System Market

Figure 3 Segmentation Market Dynamics For Global Nurse Call System Market

Figure 4 Global Nurse Call System Market Share, By Type, 2017

Figure 5 Global Nurse Call System Market Share, By Technology, 2017

Continued…

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Statistical Report, Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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