Nurse Call Systems Market Sales Competition By Price, Revenue, Gross Margin and Market Share, Forecasting 2023 with Key Players : Courtney Thorne, Fresenius SE & Co. KGaA, Baxter International and More

According to a new report published by Allied Market Research, titled, Nurse Call Systems Market by Technology, Equipment, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global nurse call systems market was valued at $ 1,114 million in 2016, and is projected to reach at $ 1,972 million by 2023, growing at a CAGR of 8.5% from 2017 to 2023. The wired nurse call systems segment accounted for more than four-sevenths share of the total market in 2016.

Wired nurse call systems occupied the highest share of the market in 2016, and is expected to maintain the lead during the forecast period. However, the wireless nurse call systems accounted for the high CAGR, owing to the increase in demand for flexible and mobility of communication

Download Sample PDF Brochure of Nurse Call Systems Market at : https://www.alliedmarketresearch.com/request-sample/2393

Nurse call system is a type of alarm system used in hospitals for alerting nurses in case a patient needs assistance. These systems have reduced waiting time for patients, provide hotel like caretaking experience, and enable nurses to focus on patient care. In addition, constant technological developments, large pool of geriatric population, rise in incidence & prevalence of chronic diseases, and increase in government healthcare expenditure globally drive the market growth. However, stringent government regulations are expected to restrain the market growth during the forecast period.

Based on technology, the wired systems market segment held the highest share in 2016, owing to the less complexity, high reliability to setup wired nurse call systems, and low maintenance compared to wireless nurse call systems.

Based on equipment, the integration communication systems held the highest market share in 2016, owing to the increasing investments in hospitals and advance technology; however, mobile systems are easy to use and are more preferred by consumers and have witnessed the highest CAGR.

Based on application, the emergency medical alarms segment contributes to the highest market share in 2016, owing to the quick response assistance in case of emergency.

Based on end-users, the hospitals segment accounted for the highest market share in 2016, owing to the increase in number of hospitals worldwide and rise in government expenditure in healthcare sectors.

North America accounted for more than two-fifths share in 2016, and is expected to dominate the market throughout the forecast period and is attributed to increase in incidence of chronic diseases due to rise in geriatric population and well-established healthcare systems.

In addition, lucrative growth opportunities in the emerging countries is anticipated to provide new growth opportunities for the key players in the market. However, Asia-Pacific is estimated to register the highest growth rate during the forecast period, owing to rise in healthcare expenditure, increase in per capita income, growth in demand for healthcare devices from large pool of patient population, and improvement in healthcare infrastructure.

Do Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/2393

About us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David C
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.