Market Scope
Market Research Future (MRFR) expects the global nurse call system market 2020 to record a decent CAGR of 9.5% between 2018 and 2023 (forecast period).
Brief Overview
Nurse call systems or nurse call devices can be described as communication systems that find extensive use in hospitals as well as nursing homes. Nurse call systems have applications in a variety of communication and patient monitoring tasks. Some of the major applications generally come under patient monitoring.
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Market Boosters and Main Barriers
Innovations in communication and information technology exhibit the potential to be used for various advancements in nurse call systems, facilitating efficient work as well as and patient bed allotment, emergency management safety of nurse staff, patient monitoring, and more. With rising developments in advanced technologies, like the internet protocol system along with wireless technologies including mobile device integration, can positively influence the global market for nurse call system in the following years.
The newer technologies being adopted in the healthcare sector can help bring down the number of medical errors and also reduce the false positive and negative call alarms by the patients. These technologies can also help detect and grade the severity as well as the nature of emergency within the patient pool in hospitals or nursing homes. The accelerated need for wandered control and patient monitoring, especially among the geriatric population is projected to benefit the global nurse call system market in the upcoming years.
The reason behind the expanding population of elderly people is the surge in life expectancy. The geriatric population is substantially higher in countries like Germany, Japan, and the United States (U.S), leading to higher demand for nurse call systems. Likewise, with the rising prevalence of neurological disorders, predominantly among the geriatric population, the adoption of nurse call systems is set to mount significantly over the coming years.
Market Segmentation
The global market for nurse call system has been segmented depending on type, technology, applications, and end users.
The types of nurse call systems are nurse call integrated communication systems, nurse call buttons, nurse call intercoms, nurse call mobile systems, and others.
The technologies being integrated with nurse call systems include wired systems as well as wireless systems.
The applications that have been discussed in the MRFR report are workflow management, alarms, medical emergency, and others.
The primary end users in the worldwide market are ambulatory care centers, assisted living centers, hospitals & nursing homes, and others. Hospitals and nursing homes have the highest chance of gaining the top position in the market owing to the increasing number of public and private hospitals across the globe. Assisted living centers can, however, acquire the fastest growth rate, on account of the expanding geriatric population as well as the mounting need for such assisted living centers.
Regional Outlook
The nurse call system market has been regionally divided into Europe, the Americas, Asia Pacific (APAC), as well as the Middle East & Africa (MEA).
North America was the biggest shareholder in the global market in the year 2016, accounting for approximately 40%. The U.S. stands at the vanguard of the region, commanding the largest share, thanks to the highly-developed healthcare infrastructure, faster uptake of the latest technologies, a large number of hospitals as well as healthcare institutions along with the high per capita income among others.
The second leading position belongs to Europe in the global nurse call system market with a share of more than 30%. The existence of highly developed countries, such as the United Kingdom (UK), Germany and France, leaves a positive impact on the regional market. Scandinavian countries such as Netherlands and Denmark are increasingly adopting the latest technologies as well as advanced healthcare IT systems, which can also help the regional market mushroom at an expeditious rate over the next couple of years.
APAC is on track to achieve the fastest growth rate in the near future, with the primary markets identified as China, Japan, South Korea, and India. The MEA market is anticipated to be majorly concentrated in Gulf countries like UAE, Saudi Arabia, and others. Africa can note moderate growth, given the poor connectivity as well as the low economic status of the countries in the region.
Renowned Companies
Vigil Health Solutions Inc., Azure Healthcare, Hill-Rom Services Inc., Jeron Electronic Systems Inc., CSINC, AMETEK, Inc., STANLEY Healthcare, Austco Communication Systems Pty Ltd., BEC Integrated Solutions, Cornell Communications, Honeywell International Inc., Ascom, Johnson Controls., LLC and Systems Technologies, West-Com Nurse Call System, Inc, are some of the renowned companies thriving in the market for nurse call systems across the globe.
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