openPR Logo
Press release

Nurse Call Systems market achieves USD 3276.8 million by 2029 with a CAGR of 9.7% during 2023-2029

04-29-2024 03:43 PM CET | Health & Medicine

Press release from: Quants and Trends

Nurse Call Systems market

Nurse Call Systems market

The global Nurse Call Systems market size was valued at USD 1717.7 million in 2022 and is forecast to a readjusted size of USD 3276.8 million by 2029 with a CAGR of 9.7% during review period. In the ever-evolving landscape of healthcare, one critical component that plays a pivotal role in patient care is the Nurse Call Systems Market. This sector is witnessing substantial growth, fueled by the increasing demand for efficient communication systems within healthcare facilities worldwide. From hospitals to nursing homes, the adoption of nurse call systems is becoming indispensable, enhancing patient satisfaction, staff efficiency, and overall healthcare outcomes.

Market Overview
The Nurse Call Systems Market is experiencing robust growth, driven by the rising demand for advanced healthcare infrastructure, especially in developed regions. These systems facilitate prompt communication between patients and caregivers, enabling swift responses to patient needs and emergencies. The market is characterized by a diverse range of products and solutions tailored to meet the specific requirements of healthcare facilities.
Of the major players of Nurse Call Systems, Hill-Rom Holding maintained its first place in the ranking in 2019. Hill-Rom Holding accounted for about 19% of the global Nurse Call Systems revenue market share in 2019. Other players nearly accounted for 17% and 9% including Ascom Holding and Johnson Controls (Tyco).
On the basis of product type, the Wired Nurse Call Systems segment is projected to account for the largest sales revenue share during the forecast period; this segment was estimated to account for around 58% sales volume share in 2019. In the applications, the Medical Institutions segment was estimated to account for the highest sales share of 85.71% in 2019. Another application is assisted living centers and nursing homes.

Market Key Players
• Hill-Rom Holding, Inc.
• Ascom Holding
• Johnson Controls (Tyco)
• Rauland-Borg Corporation
• Stanley Healthcare
• CARECOM Co. Ltd
• Critical Alert Systems LLC
• Aid Call
• Static Systems Group Plc
• Shandong Yarward Electronics
• IndigoCare
• Azure Healthcare Limited
• Schrack Seconet AG
• TekTone Sound & Signal Mfg., Inc.
• Jeron Electronic Systems, Inc.
• West-Com Nurse Call Systems, Inc.
• LonBon Technology
• Beijing Xinfeng Nangle Technology
• Shenzhen Xin De Liang Electronics

GET FREE SAMPLE REPORT PDF @ https://quantsandtrends.com/form/request-for-free-sample-pdf?report_code=HC2016&nid=1653

Market Segmentation by Type
• Wired Nurse Call Systems
• Wireless Nurse Call Systems

Market Segmentation by Application
• Medical Institutions
• Assisted Living Centers and Nursing Homes

US Market
The United States dominates the Nurse Call Systems Market, propelled by the presence of a well-established healthcare infrastructure and a strong emphasis on patient safety and care quality. The implementation of regulations such as the Affordable Care Act (ACA) has further stimulated the adoption of nurse call systems across healthcare facilities in the country.

Europe Market
Europe represents another lucrative market for nurse call systems, characterized by the presence of leading manufacturers and a growing focus on healthcare modernization and digitization. Countries such as Germany, the UK, and France are at the forefront of market growth, driven by government initiatives aimed at improving healthcare accessibility and efficiency.

APAC Market
The Asia-Pacific region is witnessing rapid expansion in the Nurse Call Systems Market, fueled by increasing healthcare expenditure, rising awareness about patient safety, and the emergence of technologically advanced healthcare facilities. Countries such as China, Japan, and India are experiencing significant demand for nurse call systems, driven by the expansion of healthcare infrastructure and the growing aging population.

Middle-East Market
In the Middle East, the Nurse Call Systems Market is gaining traction due to investments in healthcare infrastructure development and a growing focus on enhancing patient experience and satisfaction. Countries like the United Arab Emirates and Saudi Arabia are leading the adoption of nurse call systems to meet the evolving healthcare needs of their populations.

Market Segmentation by Regions
• North America (United States, Canada and Mexico)
• Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• South America (Brazil, Argentina, Colombia, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

For Exhaustive Table of Contents and Tables and Figures, please visit @ https://quantsandtrends.com/Nurse-Call-Systems-Market

Market Strengths
• Enhances patient safety and satisfaction.
• Improves staff efficiency and response times.
• Facilitates seamless communication between patients and caregivers.
• Enables remote monitoring and management of patient calls.

Market Weaknesses
• High initial investment costs.
• Integration challenges with existing healthcare IT systems.
• Potential cybersecurity vulnerabilities.

Market Opportunities
• Expansion into emerging markets with growing healthcare infrastructure.
• Development of innovative features such as voice recognition and predictive analytics.
• Integration with telemedicine platforms for remote patient monitoring.

Market Threats
• Intense competition among market players.
• Regulatory hurdles and compliance requirements.
• Economic uncertainties impacting healthcare spending.

Market Past Performance
The Nurse Call Systems Market has witnessed steady growth over the past decade, driven by technological advancements, increasing healthcare digitization, and a growing emphasis on patient-centered care delivery. Market players have focused on product innovation and strategic partnerships to capitalize on emerging opportunities and address evolving customer needs.

Market Forecast
The Nurse Call Systems Market is projected to continue its upward trajectory, fueled by factors such as population aging, rising chronic disease prevalence, and increasing healthcare expenditure worldwide. Market analysts anticipate sustained demand for nurse call systems, with significant growth opportunities in emerging markets and the integration of advanced technologies to enhance system capabilities.

Market Research and Development
Research and development activities in the Nurse Call Systems Market are centered on enhancing system functionalities, improving user experience, and addressing cybersecurity concerns. Market players are investing in the development of AI-powered solutions, IoT integration, and predictive analytics to transform nurse call systems into comprehensive patient engagement platforms.

Market Economic Analysis
The Nurse Call Systems Market contributes significantly to the global economy, generating revenue through product sales, installation services, and maintenance contracts. The market creates employment opportunities across various sectors, including manufacturing, healthcare IT, and technical support services. Additionally, the implementation of nurse call systems leads to cost savings for healthcare facilities by streamlining communication processes and optimizing resource allocation.

Market Technological Analysis
Technological advancements play a crucial role in shaping the Nurse Call Systems Market, driving innovation and improving system performance. Key technological trends include the adoption of wireless communication protocols, integration with smartphones and wearable devices, and the development of cloud-based platforms for remote access and data analytics. These technologies enable real-time communication and data exchange, enhancing care coordination and patient outcomes.

Market Suppliers Analysis
Suppliers in the Nurse Call Systems Market encompass manufacturers, distributors, and service providers involved in the production, sale, and installation of nurse call system components. These suppliers play a vital role in ensuring the availability of high-quality products and reliable support services to healthcare facilities worldwide. Key suppliers focus on maintaining strong relationships with customers, offering customized solutions, and adhering to industry standards and regulations.

Market Inputs and Outputs Analysis
Inputs into the Nurse Call Systems Market include raw materials, components, and human resources required for manufacturing, distribution, and installation activities. Outputs comprise finished products, installation services, and ongoing support provided to healthcare facilities. The market operates within a complex ecosystem involving multiple stakeholders, including manufacturers, suppliers, healthcare providers, regulatory agencies, and end-users.

Market User Analysis
End-users of nurse call systems include healthcare professionals, patients, caregivers, and facility administrators. These users rely on nurse call systems to facilitate communication, enhance patient safety, and improve workflow efficiency within healthcare settings. User preferences and feedback influence product design, functionality, and service delivery, driving continuous innovation and improvement in the Nurse Call Systems Market.

Conclusion
In conclusion, the Nurse Call Systems Market is poised for significant growth, driven by the increasing demand for advanced communication solutions in healthcare settings worldwide. Market players are focused on innovation, expansion, and strategic partnerships to capitalize on emerging opportunities and address evolving customer needs. As healthcare continues to evolve, nurse call systems will remain essential tools for enhancing patient care, improving operational efficiency, and driving positive healthcare outcomes.

For further inquiries, please contact:
info@quantsandtrends.com
US: +1-315-675-4303
INDIA: +91-952-980-3362
Sector-13, Chikhali Pradhikaran,
Pune-411019, Maharashtra, India.
https://quantsandtrends.com/

About Quants and Trends:
Through our consulting research solutions, we guide our clients in discovering answers to their research needs. We pledge to offer our clients only the best research and consulting services. With our low-cost market research services, we assist our clients in understanding the major industry trends, spotting opportunities, and coming to wise conclusions. We understand not every client's particular research needs may be satisfied by syndicated papers. We offer our dear clients with an array of options to tailor research to meet their unique objectives and financial constraints.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Nurse Call Systems market achieves USD 3276.8 million by 2029 with a CAGR of 9.7% during 2023-2029 here

News-ID: 3479354 • Views:

More Releases from Quants and Trends

Shape Memory Alloys Market Size Worth USD 1385.4 Million by 2029 at a CAGR of 8.2% during review period 2023-2029
Shape Memory Alloys Market Size Worth USD 1385.4 Million by 2029 at a CAGR of 8. …
The global Shape Memory Alloys Market size was valued at USD 796.4 million in 2022 and is forecast to a readjusted size of USD 1385.4 million by 2029 with a CAGR of 8.2% during review period. Market Overview: Shape Memory Alloys (SMAs) are revolutionary materials with the unique ability to return to a predetermined shape when subjected to certain stimuli, such as temperature or stress. This remarkable property has led to their
Electroless Plating Market Worth USD 5469.7 Million by 2029 at a CAGR of 3.0% during review period 2023-2029
Electroless Plating Market Worth USD 5469.7 Million by 2029 at a CAGR of 3.0% du …
The global Electroless Plating Market size was valued at USD 4457.4 million in 2022 and is forecast to a readjusted size of USD 5469.7 million by 2029 with a CAGR of 3.0% during review period. Market Overview: Electroless plating, also known as autocatalytic plating, is a chemical process that deposits a metal or alloy onto a substrate without the use of an external electrical power source. This method offers several advantages, including
Braze Market Size Worth USD 5563.3 Million by 2029 at a CAGR of 1.8% during review period 2023-2029
Braze Market Size Worth USD 5563.3 Million by 2029 at a CAGR of 1.8% during revi …
The global Braze Market size was valued at USD 4904 million in 2022 and is forecast to a readjusted size of USD 5563.3 million by 2029 with a CAGR of 1.8% during review period. Market Overview: The Braze Market plays a pivotal role in various industries, offering a reliable method for joining metal components with superior strength and durability. Brazing involves the use of a filler metal that melts above 450°C (840°F)
Re-dispersible Latex Powder (RDP) Market Worth USD 1935.3 Million by 2029 at a CAGR of 3.2% during review period 2023-2029
Re-dispersible Latex Powder (RDP) Market Worth USD 1935.3 Million by 2029 at a C …
The global Re-dispersible Latex Powder (RDP) Market size was valued at USD 1556.8 million in 2022 and is forecast to a readjusted size of USD 1935.3 million by 2029 with a CAGR of 3.2% during review period. Market Overview: Re-dispersible latex powder (RDP) is a crucial additive used in construction materials such as mortars, plasters, and tile adhesives. It enhances the performance of these materials by imparting properties such as improved adhesion,

All 5 Releases


More Releases for Nurse

Nurse Call Systems Market Growth Impeding by High Costs Associated with Nurse Ca …
Nurse Call Systems Market Outlook 2022-2029 The Nurse Call Systems Market research offers complete knowledge and information on the market's flowing landscape, what is now available on the market, upcoming trends, market expectations, the competitive environment, and methods that may be used to outperform competitors. Market Analysis and Size The Nurse Call Systems Market is currently valued at US$ 3.93Billion and is projected to register 9.90% CAGR through 2029. Gets a Sample Copy of
Nurse Call Systems Market Report By Type- Wired Nurse Call Systems, Wireless Nur …
ReportsnReports added a new report on The Nurse Call Systems Market report that delivers the clean elaborated structure of the Report comprising each and every business-related information of the market at a global level. The in-depth study on the current state which focuses on the major drivers and restraints for the key players. Nurse Call Systems Market Industry research report provides granular analysis of the market share, segmentation, revenue forecasts,
Nurse Call System Market: Global Nurse Call System Share Will Reach $1,600.0 Mn …
Zion Market Research has published a new report titled “Nurse Call System Market by Equipment Type (Nurse Call Buttons, Nurse Call Intercoms, Nurse Call Mobile Systems, and Nurse Call Integrated Communication Systems) by Communication Technology (Wired Communication Equipment and Wireless Communication Equipment) for Hospitals, OPD Clinics, Assisted Living Centers, and Ambulatory Services: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”. According to the report, the global nurse call
Nurse Call Systems Market : Need To Modernize Healthcare Services Heightens Dema …
Global Nurse Call Systems Market: Snapshot The increasing technological advancements in the field of nurse call systems, along with rising awareness about their availability, are expected to broaden the prospects of the nurse call systems market. As per the findings of the U.S. Department of Health and Human Services, approximately 60% of the nursing staff in the U.S was aged 50 years or above in 2012. This conveys the imperative
Nurse Call Systems Market: Nurse Call Mobile Systems Gain Dominant Market Share …
A new Transparency Market Research report states that the global nurse call systems market stood at US$0.6 bn in 2013 and is anticipated to reach US$1.6 bn by 2020. It is expected to expand at a CAGR of 13.90% from 2014 to 2020. The title of the report is “Nurse Call Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” Obtain Report Details @ http://www.transparencymarketresearch.com/nurse-call-system-equipment-market.html According
Nurse Call Systems Market: Nurse Call Mobile Systems Gain Dominant Market Share
Technological advancements in the information and communication technology (ICT) have led to the increased demand for improved healthcare communication. Rising technological awareness has encouraged healthcare organizations and healthcare service providers to scout new technological solutions and systems. In addition, decreasing costs and ease of deployment of IT systems has enabled healthcare organizations to adopt and implement innovative technological solutions. Nurse call systems have offered a viable solution to the healthcare