Global Nurse Call Systems Market – Analysis and Forecast (2018-2024)

Industry Insights by Instrument (Buttons, Mobile Systems, Integrated Communication Systems, and Intercom Systems), by Technology (Wired Systems and Wireless Systems), by Application (Emergency Medical Alarms, Workflow Support, Wanderer Control, and Other Applications) and by End User (Hospitals, Assisted Living Centers and Nursing Homes, Clinics and Physician Offices, Ambulatory Care Centers, and Other End Users)

Status : Upcoming
Report Code : VRHC1122
Available Format : PDF
Industry : Healthcare

Industry Overview

Nurse call system is the emergency call system used by patients to call nurse and doctors for assistance in hospitals and other healthcare organizations. It decreases the reply time by nurse and doctors managing to effective workflow. The global nurse call systems market is growing at a significant rate, due to the mounting occurrence of chronic diseases and a surge in healthcare expenditure.

Different instruments such as into buttons, mobile systems, integrated communication systems, and intercom systems contributed to the nurse call systems market size. The market has witnessed a high demand for integrated communication systems due to escalating number of hospitals integrated with these systems and novel product introductions.

Market Segmentation

Insight by Instrument

On the basis of the instrument, the market is subdivided into buttons, mobile systems, integrated communication systems, and intercom systems. Of all instruments, integrated communication systems segment accounted the largest share and is expected to grow at the fastest rate in the market, due to escalating number of hospitals integrated with these systems and novel product introductions.

Insight by Technology

On the basis of technology, the market is subdivided into wired systems and wireless systems. Of both the technologies, the wired systems accounted the largest share in the market, due to the speed of transmission of the wired communication, huge attendance of internet protocol based systems, and fewer prices.

Insight by Application

On the basis of application, the market is subdivided into emergency medical alarms, workflow support, wanderer control, and other applications. Among all applications, the emergency medical alarms application accounted the largest share in the nurse call systems market, due to novel product introductions.

Insight by End User

The different end users of the market are hospitals, assisted living centers, and nursing homes, clinics and physician offices, ambulatory care centers, and other end users. Among all end users, the hospitals accounted the largest share in the nurse call systems market due to a mounting number of public and private hospitals, mounting insistence of medical care and expanding the geriatric population. In addition, assisted living centers segment is expected to grow at the fastest rate in the market, due to expanding number of senior care services.

Industry Dynamics

Industry Trends

Incorporation of nurse call systems with wireless phones, interoperable designs, imminent technologies, and mounting nurse contribution in healthcare are some of the trends in the nurse call systems market.

Growth Drivers

Expanding geriatric population, the surge in healthcare expenditure, technological advancement, easy data availability, the upsurge in insurance coverage, expanding investments in healthcare are the primary growth drivers for nurse call systems market. For instance, according to the World Health Organization (WHO), globally in 2010 approximately 524 million people were aged 65 years and older and is expected to reach 1.5 billion in 2050.

The mounting occurrence of chronic diseases and the development of a complete nurse call system solution are also facilitating the growth of the nurse call systems market.

Challenges

Elevated price in the implementation of nurse call systems, lack of skilled healthcare IT professional, interoperability and integration issues, and the strict regulatory environment are the major challenges for the growth of nurse call systems market.

Industry Ecosystem

Globally, the manufacturing companies trying to enter the nurse call systems market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.

Geographic Overview

Geographically, North America is the largest nurse call systems market as in the region the occurrence of chronic diseases is increasing. In addition, expanding the geriatric population, and technological advancement are also up surging growth of the North American nurse call systems market. For instance, according to the U.S. Census Bureau, in 2012 approximately 43.1 million people were aged 65 years and older in the U.S. and is expected to reach 83.7 million in 2050.

Asia-Pacific is observed to witness the fastest growth in the market, due to expanding the geriatric population. In addition, the mounting occurrence of diabetes, and mounting healthcare expenditure are also creating a positive impact on the nurse call systems market growth in the region.

Competitive Insight

Key players in the nurse call systems market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In July 2018, Azure Healthcare Ltd partnered with Ideacom Mid-America, a distributor of healthcare communication solutions in the American Midwest, to provide and support Austco nurse call solutions. Ascom Holding AG, Honeywell International, Inc., Tektone Sound & Signal Mfg., Inc., Hill-ROM Holdings, Inc., Siemens AG, Azure Healthcare Limited, and Schrack Seconet AG are the key players offering nurse call systems.

Global Nurse Call Systems Market Ask for customization      Request for Sample