At 11.5% CAGR, Nurse Call Systems Market to Outstrip US$ 3,243.34 Million During (2020-2027) | The Insight Partners

According to The Insight Partners market research study titled "Nurse Call Systems Market to 2027 - COVID-19 Impact and Global Analysis - by Equipment, Technology, Application, and End User," the global nurse call systems market is expected to reach US$ 3,243.34 million by 2027 from US$ 1,342.70 million in 2019. The market is estimated to grow at a CAGR of 11.5% from 2020 to 2027. The report highlights the trends prevalent in the global nurse call systems market and the factors driving the market along with those that act as deterrents to its growth.

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Based on equipment, the nurse call systems market is divided into mobile systems, integrated communication systems, button systems, and intercom systems. The integrated communication systems segment accounted for the largest share in 2019. This segment is likely to dominate the market during the forecast period, as these systems combine conventional nurse call systems with a range of complementary communication technologies and management tools, such as pocket paging, wireless telephones, tracker position, and management software. These integrated communication systems offer advantages over traditional nurse call systems as they allow a quick, flexible approach to patient-to-staff and staff-to-staff communication.

Nurse Call Systems Market: Competitive Landscape and Key Developments:
Key market players in the nurse call systems include Ascom Holding AG, Siemens, Honeywell International Inc., STANLEY Healthcare, Austco Healthcare Limited, Hill Rom Services Inc., Intercall Systems, Schrack Seconet AG, Critical Alert Systems, and Rauland.

Nurse Call Systems Market: Key Insights - Future Trend:
Driving factors, such as increase in incidence of Alzheimer's cases, rise in number of assisted living centers, and technological developments in the nurse call systems, are likely to boost the market growth over the years. However, high cost of installation is likely to hinder the market growth.

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The market players are focused on technological advancements and innovative steps to improve the quality and efficacy of nurse call systems. For instance, in February 2019, Critical Alert Systems released CommonPath Enterprise, its new enterprise-class software application, at HIMSS19 in Orlando. The platform brings the strength and reliability of cloud computing to patient interactions and nurse calls.

The COVID-19 pandemic is estimated to have a significant impact on the nurse call systems market. Growing need for healthcare services and increasing influx of COVID-19 cases have expanded healthcare infrastructure, and for improved communication between physicians, nurses, and patients, the demand for better communication systems-such as nurse call systems-is rising. The nurse call systems market is anticipated to show strong growth in the US as it is among the worst affected countries.

The report segments the global nurse call systems market as follows:

Global Nurse Call Systems Market - by Equipment
• Integrated Communication Systems
• Button Systems
• Mobile Systems
• Intercom Systems

Global Nurse Call Systems Market - by Technology
• Wired Systems
• Wireless Systems

Global Nurse Call Systems Market - by Application
• Emergency Medical Alarms
• Wanderer Control
• Workflow Support
• Others

Global Nurse Call Systems Market - by End User
• Hospitals
• Nursing Homes & Assisted Living Centers
• Clinics
• Others

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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