Prominent growth at a CAGR of about 9.0% in the Nurse Call Systems Market during the forecast period of 2018-2023| Dominant Vendors - ALFAWAVES, INC., ASCOM GROUP, TEKTONE, CORNELL COMMUNICATIONS, HILL-ROM SERVICES INC., SYSTEMS TECHNOLOGIES, amongst othe

Market Analysis:

North America to Dominate the Market
North America dominates the market, owing to the presence of well-established healthcare facilities and the demand growth for advanced healthcare systems among aging population, along with the growing prevalence of chronic diseases in the region. Asia-Pacific is also expected to grow at a great pace during the forecast period, owing to the factors, such as increasing healthcare expenditures, growing aging population, which is creating a huge patient pool, and rising healthcare facilities in the region.

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Owing to the growing demand for advanced healthcare systems, especially in the developed countries of North America and Europe, the nurse call systems market accounted for a significant growth rate in the recent years. The growing global geriatric population is likely to augment the demand for nurse call system. Rising incidences of chronic diseases and long-term diseases in aged population have increased the demand for advanced healthcare care need and support among geriatric populations. The growing geriatric population and demand for digital healthcare need and care are likely to drive the market of nurse call systems. In addition, the increase in the number of hospitals adopting nurse call system, growing investment from public and private sectors in healthcare systems, and technological advancement in nurse call systems are a few factors fuelling nurse call system market. Lack of awareness and high-cost are likely to restrain the market growth.

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Market Segments:
Nurse Call Systems Market is segmented by:
1. Products: Nurse Call Intercoms Systems, Basic Audio/Visual Nurse Call Systems, IP-based Nurse Call Systems, Digital and Mobile Nurse Call Systems
2. Modality: Wireless Nurse Call System, Wired Nurse Call System
3. End User: Hospitals and Specialty Clinics, Assisted Living Centers, Long Term Healthcare Facilities, Nursing Homes
4. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• October 2017: Critical Alert Systems, a leading provider of nurse call solutions for hospitals and health systems, exhibited the latest Nurse Call System at the 2017 ANCC National Magnet Conference at the George R. Brown Convention Center in Houston, Texas.
• August 2017: AMETEK, Inc. launched an advanced and proven nurse call system, Responder 5000, a new communication and productivity solution for skilled nursing facilities and nursing homes.

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