Press release
Nurse Call Systems Market is Projected to Reach more than USD 1.5 Billion By 2021
New York, February 22, 2018: A Nurse Call system is an emergency call system used for the patients to call for nurse service in case of an emergency. This is used by majority of hospitals or health care facilities to alert nurses. The alarm used can be a buzzer or audio or visual way. Due to the growing demand for emergency communication and in order to provide better health services these systems are widely used. There will be rise in the innovative nurse call systems in the coming years.The Nurse Call systems is segmented by equipment type as Nurse call buttons, Nurse call intercoms, Nurse call Mobile Systems, Nurse Call Integrated Communication Systems. The Nurse Call Systems is segmented by communication technology as wired communication Equipment, Wireless Communication Equipment. The Nurse Call system is segmented by End use as Hospitals, OPD Clinics, Assisted Living Centers, and Ambulatory Services.
The global Nurse Call System Market to cross at USD 1.8 billion by 2021 and is expected to grow at a CAGR of around 14% in the given forecast period.
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The major driving factors of Nurse Call systems are as follows:
• Increasing baby boomer population.
• Need for more diversified and integrated platforms.
• The preference for mobility devices.
• Changing reimbursement scenario.
• Rising budget allocation in healthcare for elderly people.
The restraining factors of Nurse Call systems are as follows:
• The government regulations on distribution and manufacturing of nurse call systems are restricting the growth of this market.
The Nurse Call Systemsgeographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the Nurse Call Systems and related technologies.
2) Analyses of global market trends and projections of compound annual growth rates (CAGRs) through 2021.
3) Identifications of new market opportunities and targeted promotional plans for Nurse Call systems.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Rauland-Borg Corporation, Stanley Healthcare, Hill-Rom Holdings, Inc., Tyco SimplexGrinnell, Ascom Holding AG, Cornell Communications, Inc., Azure Healthcare Limited, Jeron Electronic Systems, Inc., and Vigil Health Solutions, Inc.. are provided in the report. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The scope of the report includes a detailed study of global and regional markets for various types of Nurse Call systems with the reasons given for variations in the growth of the industry in certain regions.
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Table of Contents
1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Aging Population and Rising Prevalence of Chronic Diseases
5.3.1.2 Increase in Healthcare Expenditure and Insurance Coverage
5.3.1.3 Investments in Healthcare
5.3.1.4 Technological Advancement and Product Development
5.3.1.5 Easy Data Availability for Key Healthcare Personnel and Departments
5.3.2 Restraints
5.3.2.1 High Costs Involved in the Implementation of Nurse Call Systems
5.3.2.2 Stringent Regulatory Environment
5.3.3 Challenges
5.3.3.1 Integration and Interoperability
5.3.3.2 Lack of Trained Healthcare It Professionals
5.3.4 Opportunities
5.3.4.1 Emerging Asian Countries to Offer Growth Opportunities
5.3.4.2 Development of Complete Nurse Call System Solutions
5.3.5 Trends
5.3.5.1 Integration of Nurse Call Systems With Wireless Phones
5.3.5.2 Upcoming Technologies
5.3.5.3 Interoperable Designs
5.3.5.4 Increasing Nurse Involvement in Healthcare
6 Nurse Call Systems Market: Industry Insights
7 Global Market, By Instrument
8 Global Market, By Technology
9 Global Market, By Application
10 Global Market, By End User
11 Global Market, By Region
12 Competitive Landscape
13 Company Profiles
13.1 Introduction
13.2 Ascom Holding AG
13.3 Hill-ROM Holdings, Inc.
13.4 Tyco International PLC
13.5 Honeywell International, Inc.
13.6 Rauland-Borg Corporation
13.7 Siemens AG
13.8 Schrack Seconet AG
13.9 Azure Healthcare Limited
13.10 Tektone Sound & Signal Mfg., Inc.
13.11 Intercall Systems, Inc.
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