Nurse Call System Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3992
Nurse Call System Market size is projected to experience significant growth from 2019 to 2025.
The rising prevalence of chronic diseases, new product launches, growing geriatric population base, rising healthcare expenditure, and continuous technological advancements are some of the factors that are boosting the growth of the nurse call system market. Various uses of nurse call system in hospitals such as amalgamation with other departments of the hospital and texting capabilities to allocate task among hospital staff are expected to propel the market growth over the forecast period.
The growing adoption of nurse call system in numerous hospitals is one of the factors that is propelling the growth of the market. For instance, Wilder and BTicino offers the advanced nurse call solution to the healthcare industry that allows direct and simple communication between the patients and their caregivers.
Rising investments in healthcare IT systems have led to the adoption of the latest art of communication systems in hospitals. The healthcare industry has been constantly increasing focus on building efficient communication infrastructure in order to provide improved medical care to their patients. In addition, recent technological advancements in the communication systems and IT, nurse call system is expected to witness strong growth in the upcoming years. Furthermore, with the arrival of smart digital services, nursing workflows have simplified by allowing them to have inter and intra team communication and patient triggered cells.
However, some of the factors such as rigorous regulatory framework imposition and high standard quality set by leaders of the market may act as an impediment to the overall growth of the market in the future years. Strict regulations are further projected to restrict the market growth.
Wireless communication is anticipated to be the fastest growing segment in the upcoming years. This is attributed to the several factors such as low cost of installation, availability of portable systems and integration with other devices.
Assisted living centers is expected to witness the lucrative growth over the forecast period. This is owing to the rising number of old age homes and senior care services.
North America dominated the nurse call system market in the region and is attributed to the couple of factors such as changes in reimbursement coverages, number of regulatory reforms, and capitals received to update hospitals with technology driven nurse call systems. Growing geriatric population base in the region has increased the demand for personal emergency response technologies.
Asia Pacific is expected to witness the lucrative growth over the forecast period. The enormous support offered by the government to nursing homes is expected to contribute to the regional market growth.
Few of the key companies operating in nurse call system market include Hillrom Services Inc., STANLEY Healthcare, Rauland, Azure Healthcare, West-Com Nurse Call Systems, Inc, and, Critical Alert. Various companies are undergoing partnerships, and collaborations, to expand their product portfolios and reinforce their market position. For instance, in 2018, U.S. FDA approved a software solution of Ascom Holdings AG for growing the possibility of Ascom Healthcare to expand their presence in the U.S. hospitals.
Nurse Call System Market by Technology, 2014-2025 (USD Million)
- Wired communication equipment
- Wireless communication equipment
Nurse Call System Market by End-use, 2014-2025 (USD Million)
- Outpatient departments (OPDs)
- Assisted living centers
- Ambulatory care services
- Skilled nursing facilities (SNFs)
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- Hillrom Services Inc.
- STANLEY Healthcare
- Azure Healthcare
- West-Com Nurse Call Systems, Inc
- Critical Alert
- ASCOM HOLDING AG
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