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Nurse Call System Market: Global Nurse Call System Share Will Reach $1,600.0 Mn by 2020

06-20-2017 02:46 PM CET | Advertising, Media Consulting, Marketing Research

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Nurse Call System Market

Nurse Call System Market

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 system market was valued at around USD 600.0 million in 2014 and is expected to reach USD 1,600.0 million in 2020, growing at a CAGR of around 14.0% between 2015 and 2020.

Nurse call system (NCS) is a widely used innovative healthcare communication systems. Most of the healthcare institutions and hospitals aim to offer reliable communication facilities their patients. Installed near to a patients’ bed, a nurse call system helps patients to generate alert for hospital staff of nurse in case of emergency conditions. A nurse call system is of crucial importance in healthcare communication, which provides efficient and effective tool for communication between patient and hospital staff. Noiseless operation, automatic data logging, low voltage operations that avoid short circuit, pleasant annunciation and multiple call indications are some of the most important advantages of nurse call system. A nurse call system can be an audio or visual reminder via radio pagers, mobile phones or tablets.

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Rising level of awareness among the hospital management regarding importance of advance technology has been resulted into growing demand for nurse call systems across the world. However, nurse call system market is primarily driven by rapidly growing geriatric population across the world and their increasing health issue. Technological advancement in healthcare telecommunication is driving demand for this market. Rapidly growing geriatric population and increasing number of healthcare facilities in emerging economies is also expected to trigger demand for nurse call systems during the forecast period. Cost, scalability, flexibility, convenience in installation, etc. are some of the important buying criteria considered by end-users before installation. Different government policies and regulations with respect to manufacturing of nurse call system in different countries is expected to hold back the growth of nurse call system market in the years to come.

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Nurse call buttons, nurse call mobile systems, nurse call intercoms, and nurse call integrated communication systems are some of the important segments of nurse call system market based on equipments. Nurse call integrated communication systems accounted for around 75% of the overall revenue generated by nurse call system market in 2014. Due to increased use of mobile systems and growing need for advanced mobility and flexibility the demand for nurse call mobile systems is expected to grow at a rapid pace in the years to come.

Wireless and wired are the two communication important technologies used in nurse call system. Wired nurse call systems accounted for the largest share of the nurse call system market in 2014. However, with rapid advancement is wireless technology, the demand for wireless nurse call systems is expected to exhibit robust growth in the years to come.

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Hospitals was the largest application segment of global nurse call system market and it accounted for more than 74% share of the total revenue generated in 2014. OPD clinics, assisted living centers, and ambulatory services are some the other major application markets for nurse call systems. North America was the leading regional market for nurse call system, which accounted for over 38% share of the total market in 2014. However, it is also expected to continue its dominance during the forecast period. Rapid pace of technological advancement and development of wireless communication equipments are propelling the growth of nurse call systems market in the region. North America is followed by Europe. Asia Pacific is expected to witness significant growth in the years to come. Latin America and Middle East & Africa are also expected to experience strong growth in nurse call systems market during the forecast period.

Ascom Holding AG, Rauland-Borg Corporation, Hill-Rom Holdings, Inc., Cornell Communications, Inc., Jeron Electronic Systems, Inc., Tyco SimplexGrinnell, TekTone Sound & Signal Mfg., Inc., Vigil Health Solutions, Inc., Critical Alert Systems, LLC, Stanley Healthcare, Azure Healthcare Limited are some of the key vendors in the market.

This report segments the global nurse call system market as follows:

Equipment Type Segment Analysis: Nurse Call Buttons, Nurse Call Intercoms, Nurse Call Mobile Systems, Nurse Call Integrated Communication Systems

Communication Technology Segment Analysis: Wired Communication Equipment, Wireless Communication Equipment

Application Segment Analysis: Hospitals, OPD Clinics, Assisted Living Centers, Ambulatory Services

Regional Segment Analysis: North America (US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa

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About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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