Nurse Call Systems Market 2019 by Future Trend, Growth rate, Opportunity, Industry Analysis, Focusing on Top Key Players like Ascom, Honeywell International, Siemens, Azure Healthcare, Intercall Systems

The global nurse call systems market accounted to US$ 1,252.65 Mn in 2018 and is expected to grow at a CAGR of 10.3% during the forecast period 2019 - 2027, to account to US$ 2,936.83 Mn by 2027.

The nurse call systems market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

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Key factors driving the market are rising incidence of Alzheimer’s disease across the region, rising in the support of government in country. In addition, the presence of various market players and rising in the numbers of assisted living centers in the world are likely to contribute the growth of the market. However, factors such as higher costs of the nurse call system and its installation charges are expected to hamper the growth of global nurse call system market.

The prominent players operating in nurse call systems market are, Ascom, Honeywell International Inc., Siemens AG, Azure Healthcare, Intercall Systems Inc., SCHRACK SECONET AG, STANLEY Healthcare, Critical Alert Systems., Hill-Rom Services Inc., and Rauland.

The market players are focused towards bringing new and innovative products to sustain their position in the market. For instance, in January 2019 Rauland-Borg Corporation has launched a true next generation enterprise-wide platform for the Responder intelligent nurse call solution. The solution has helped in optimizing the clinical workflows and enabling hospitals to optimize their patient outcomes.

Global nurse call systems market, based on equipment is segmented into integrated communication systems, button systems, mobile systems and intercom systems. In 2018, the integrated communication system segment held the largest share of the market, by equipment. Moreover, this segment of nurse call systems market is also expected to witness growth in its demand at a fastest CAGR of 10.7% during 2019 to 2027.

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Strategic Insights

Strategic acquisition and product launches were observed as the most adopted strategy in global nurse call systems industry. Few of the recent product launch, product approval and acquisitions are listed below;

2019: Critical Alert Systems has announced a partnership with Bernoulli Health, developer of Bernoulli One. The platform fuses Bernoulli One’s real-time, patient-generated data, including live-streaming waveforms and alert notifications intelligently aggregated and filtered from multiple physiologic devices and EHRs, with Critical Alert Systems’ staff assignment, advanced, rules-based routing and distribution capabilities.

2018: Ascom Holding AG with Dräger AG & Co. KGaA has launched integrated clinical alarm management solution in North America. The solution was introduced for Ascom’s Unite Connect and it has received FDA clearance for sales and distribution in the US. The product is also available in the Canadian market.

2017: Beacon Communications, LLC entered into partnership with STANLEY Healthcare Connected, and will offer STANLEY Healthcare’s senior living solutions - including the Arial emergency call solution and WanderGuard BLUE wander management solution to new and existing customers in western United States.

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