At 11.4% CAGR Market snapshot on Nurse Call Systems Market

The Global Nurse Call Systems Market is anticipated to showcase notable growth owing to the reduction in the number of patient to nurse ratio. According to a report by Fortune Business Insights, titled, "Nurse Call Systems Market Size, Share & Industry Analysis, By Technology (Wired, Wireless), By Product (Basic Button Based Systems, Mobile Integrated Systems, IP Based Systems, Others), By End-user (Hospitals and Clinics, Assisted Living and Nursing Centres, Home Care Setting, Others), and Regional Forecast, 2019-2026," the global nurse call systems market size was valued at USD 1.18 Billion in 2018. However, the global market is projected to reach USD 2.78 Billion by 2026, exhibiting a CAGR of 11.4% during the forecast period.

Report Highlights:
o Detailed Historical Overview
o Consumer and Pricing Analysis
o Market Dynamics of the Industry
o In-depth Market Segmentation
o Historical and Projected Market Sizing in Terms of Value
o Recent Market Trends and Impact Factors
o R&D Status and Technology Overview
o Extensive Industry Structure Coverage

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Key Companies and Manufacturers Covered:

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight.
o Ascom
o Hillrom
o Johnson Controls
o Jeron Electronic Systems Inc.s
o BEC GmbH
o Azure Healthcare Services, LLC
o Cornell Communications, Inc
o TekTone Healthcare Communications
o GD Systems

Increasing Healthcare Infrastructure in the U.S. to Favor Growth in North America

The global nurse call systems market is geographically divided into Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Amongst these regions, North America is expected to lead the global nurse call systems market during the forecast period. The region had acquired a revenue of USD 445.4 million in the year 2018.

The growth is attributed to the rapid penetration and acceptance of nurse call systems by numerous healthcare organizations, namely, nursing centers and hospitals. Moreover, a rise in geriatric population and growing healthcare expenditure in the U.S. are likely to impact the nurse call systems market growth positively in North America.

Ascom and Rauland-Borg Launch Advanced Nurse Call Systems to Increase Efficiency

Ascom, a global solutions provider, headquartered in Switzerland, announced the launch of its Telligence in North America in February 2019. Telligence is considered to be the world's first patient response system. It is a scalable and modular patient response system that upgrades nurse call service for unique patient-centric care. With the guidance of Telligence, caregivers can get access to appropriate information throughout the care process as well as at the point of care.

It is developed on the Ascom Healthcare Platform and it aids in collecting information from several sources, such as healthcare applications, patients, applications, and other medical devices. It has the ability to smoothly integrate with the facility's current applications and devices. Doctors and clinicians can get an in-depth view of the patient's health status that is much better than the traditional form of nurse call. It helps the caregivers to get to know about the patient's current health condition and response to their requests accordingly.

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Research Methodology:

Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

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