Nurse Call System Market Headed for Healthy Growth and Expansion at 9.5% CAGR to 2023 – Finds MarketResearchFuture.com
Market Research Future (MRFR) in its going to published a study report asserts that the Global Nurse Call System Market is projected to accrue voluminously by 2023 registering a phenomenal CAGR of 9.5% during the review period (2018 to 2023).
Pune, India – July 1, 2019 /MarketersMedia/ —
Segments: Nurse Call System Market
The nurse call system market is sgmented by type, technology, application and end user. On the basis of type, the market is segmented into integrated communication systems, audio/visual nurse call systems, basic buttons alert systems, mobile systems, and others. Integrated communication systems help expand and enhance the capabilities of the support systems to be used for hospital acute care, correctional facilities, schools, and a variety of industrial applications. Factors driving this segment are increasing number of hospitals with integrated communication systems and new product launches.
Technologically, the market is segmented by wired systems and wireless systems. Wired nurse call systems require wires to connect each integrated device to the master panels whereas wireless systems help communicate via wireless signals from various distances.
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Major applications include alarms, medical emergency, and workflow management. Emergency nurse call system are reliable means of communication that aide quick response to patients. A swift response helps diffuse a life-threatening situation. Thus, emergency nurse call systems aide in saving lives. Emergency call systems are practical, efficient and affordable systems that are ideal for dangerous circumstances.
Major end users include hospitals and clinics, ambulatory, assisted living centers, and others.
Highlights: Nurse Call System Market
Nurse Call System as the name suggests are devices that alert nurses in cases of medical emergencies & need for care. Simultaneously, these systems are also effective for tracking a patient especially in Care home or old age centres and are also used to give instructions and notifications during the events of ambulatory services.
Growing population along with the prevailing diseases & disorders worldwide, are demanding advanced medical infrastructures such as assisted living centres. These large hospitals & clinics are confronted with the operations complexities. Resultantly, prompting the demand for effective Nurse Call Systems to run the hospitals operations smoothly. This expanded demand in turn is fuelling market growth.
In addition, other factors that contribute the market growth include increasing geriatric population, urbanization, and improving economical situations in the countries across the globe. Due to the growing market penetration of cloud & IoT (internet of things) the market size is exploding. Technological developments such as advanced coverage of network and connectivity, dropping prices of these devices, and negligible cost of scalability of communication are providing impetus to the market growth to an extent.
Industry Updates
February 2019 – Critical Alert Systems, LLC, a company which designs and delivers nurse call solutions, introduced new enterprise-class software application, CommonPath Enterprise, a Nurse Call System at HIMSS19 in Orlando, Florida, U.S.
Key Players: Nurse Call System Market
Market Research Future (MRFR) recognizes the following companies as the key players in Nurse Call System Market: There are plenty of large and small market players which operate in this market all over the globe.
Cornell Communications, STANLEY Healthcare, Honeywell International Inc., Jeron Electronic Systems Inc., West-Com Nurse Call System, Inc., Azure Healthcare, Austco Communication Systems Pty Ltd., Systems Technologies, Vigil Health Solutions Inc., Ascom, Johnson Controls.,
CSINC, AMETEK, Inc., Hill-Rom Services Inc., and BEC Integrated Solutions, LLC are the key players in the global nurse call system market.
Hill-Rom Holdings Inc. announced its Welch Allyn Home Blood Pressure Monitors and Digital Scale will now be available at all Kinney Drugs locations in New York and Vermont. This move is designed to bring the Welch Allyn clinical grade technology into the hands of consumers at home. Easy to operate, this free application allows patients to record and track measurements, measure blood pressure and weight, and share results with both healthcare providers and family members.
Regional Analysis: Nurse Call System Market
By region, the global nurse call system market has been segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas is leading the global nurse call system market due to the fast uptake of latest technologies in the region and high healthcare expenditure. Moreover, increasing geriatric population contributes significantly to the growth of the market.
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Europe accounts for the second largest share of the global nurse call system market. The growth of the market can be attributed to the presence of robust healthcare infrastructure and growing population of old and sick people in the region.
APAC is poised to showcase rapid growth in the global nurse call system and expand at a relatively faster pace. Development of healthcare infrastructure, surging awareness regarding nurse call systems and rising geriatric population are factors boosting the growth of the market.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
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