Press release
Nurse Call System Market Is Expected To Grow At The Cagr Of 9.5% with experiencing high growth year to year During The Forecasted Periodup to 2023
Nurse Call System Market ScenarioThe global nurse call system market is expected to grow significantly over the forecast period. It is estimated that the global nurse call system market share is expected to register a CAGR 9.5 % during the forecast period from 2018 to 2023. Nurse call systems are aimed at alerting the nurses in case of medical emergency situations or when patients need care. These systems are also used to track a patient particularly in assisted living or old age centers or are used to give a signal of a probable situation in case of ambulatory services.
Numerous factors such as the growing geriatric population and the rising complexity of hospital operations are expected to drive the growth of the market.
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Moreover, favorable healthcare investments by the government and the rising demand for better technological advancements boost the growth of the market. However, stringent government regulation and the huge cost of installation may hamper the market growth during the assessment period.
Segmentation
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.
The market, by applications, has been segmented into 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. Hospitals and nursing homes are expected to hold the largest market share in this segment owing to the rising number of public as well as private hospitals. Assisted living centers are expected to be the fastest-growing market owing to the increasing geriatric population and the rising need of such assisted living centers.
The market, by region, has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The nurse call system market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European nurse call system market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified into Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The nurse call system market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The nurse call system market in the Middle East & Africa has been segmented into the Middle East and Africa.
Key Players
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 are some of the key players in the global nurse call system market.
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