Nurse Call Systems Industry 2018 Anticipated To Grow With A Impressive CAGR And Big Players Dominating The Industry According To The Forecast Of 2024
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Global Nurse Call Systems Market accounted to USD 1.21 billion in 2016, growing at a CAGR of 9.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Competitors:
Some of the major players operating in global nurse call systems market are Hill-ROM Holdings, Inc., Honeywell International, Inc., Siemens AG, Ascom, Johnson Controls, Azure Healthcare, TekTone Sound & Signal Mfg., Inc., Intercall Nurse Call Systems, Securitas AG, AMETEK.Inc., WestCall, Stanley Black & Decker, Inc., Critical Alert Systems, Jeron Electronic Systems, Inc., Cornell Communications, Vigil Health Solutions Inc., Wandsworth Group, Static Systems Group PLC, Legrand, Courtney Thorne, CARECOM CO., LTD and AIPHONE CO., LTD. among others.
The global nurse call systems market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of nurse call systems market for global, Europe, North America, Asia Pacific and South America.
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Nurse call systems are equipment used to communicate between patient and medical staff, installed at various healthcare facilities. The nurse call systems play a critical role in emergency notifications and ensuring timely delivery of care. These systems are integrated with various other healthcare IT systems such as the electronic medical records (EMR) in the hospitals. Nurse call systems are highly useful for critical patients which cannot move to call for help. The ease of use and convenience offered by nurse call systems enables healthcare facilities to achieve better patient outcomes and enhanced patient satisfaction which boosts the market.
Major market drivers and restraints:
Technological advancement and product development in the nurse call system market
Aging population and rising prevalence of chronic diseases
Increase in healthcare outflow and insurance treatment
Investments in healthcare sectors
Flexible nature of wireless communication
Rising awareness on the benefits of IP nurse call systems
The global nurse call systems market is segmented by instrument into buttons, integrated communication systems, mobile systems and intercom systems.
On the basis of technology the market is segmented into wired systems and wireless systems.
On the basis of application the market is segmented into emergency medical alarms, wanderer control and workflow support.
By end user the market is segmented into hospitals, clinics and physician offices, assisted living centers and nursing homes and ambulatory care centers.
On the basis of geography, global nurse call systems market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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