Nurse Call System Market Trends, Technologies, Future Plans and by Forecast 2030
Nurse Call System Market trends was valued at USD 1.7 billion in 2022. The Nurse Call System market industry is projected to grow from USD 1.88 Billion in 2023 to USD 3.50 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.72% during the forecast period (2023 - 2030). Nurse call systems are aimed at alerting the nurses in case of medical emergency situations or when patients need care. These systems are also used to track a patient particularly in assisted living or old age centers or are used to give a signal of a probable situation in case of ambulatory services.
Numerous factors such as growing geriatric population and rising complexity of hospital operations are expected to drive the growth of the market.
Some of the industry players offer integrated equipment, in which the patient data can easily be stored and retrieved. In February 2015, Rauland Borg Corporation launched a device called AllTouch responder, which offers nurse call system market with electronic medical records. The nurse call equipment has evolved over the time owing to better patient monitoring. The staff members can directly communicate with the patients to assist them and provide required care, thereby reducing the need to visit the patient beds for minor requirements. This can eliminate fatigue and increase the workflow efficiency of the attendant.
Competitive Analysis:
Some of the major companies in the global nurse call system market include Honeywell International Inc., Austco Communication Systems Pty Ltd., Hill-Rom Services Inc., Johnson Controls., Ascom, CSINC, STANLEY Healthcare, AMETEK, Inc., West-Com Nurse Call System, Inc, Cornell Communications, Azure Healthcare, Jeron Electronic Systems Inc., BEC Integrated Solutions, LLC, Vigil Health Solutions Inc., and Systems Technologies.
Segmentation:
The nurse call
system market is segmented on type, applications, technology, end users, and
region.
Based on the
type, the market is segregated into nurse call integrated communication systems,
nurse call buttons, nurse call intercoms, nurse call mobile systems, and
others.
By technology,
the market is segmented into wireless systems and wired systems.
Based on the
applications, the market is segmented into alarms, medical emergency, workflow
management, and others.
Based on the end
users, it is segmented into assisted living centers, hospitals & nursing
homes, ambulatory
care centers, and others. Of these, hospitals and nursing homes segment is
anticipated to be the larger shareholder in the overall market share. The
growth of the segment is primarily attributable to the rising number of public
as well as private hospitals.
Regional
Analysis:
Regionally, the nurse
call system market Research Report is segmented into the Americas,
Asia-Pacific, Europe, and Middle East & Africa. Of these, the Americas is
anticipated to dominate the market for nurse call system due to faster demand
for newer technologies and upgradation of nurse call systems in the region.
Additionally, the growing geriatric population and increasing funding for
better healthcare infrastructure in the region. In addition to this, the Europe
is estimated to hold the second leading position in the market owing to
well-developed healthcare industry and investment for increasing number of
hospitals.
Asia-Pacific is
anticipated to be the fastest growing region in the market due to the
developing healthcare facilities in the developing economies and increasing
aging population. According to a report published by Silver Eco in October
2017, in Japan, 27.7 people are elderly or aged.
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