January 24, 2022
According to the research report titled ‘Nurse Call Systems Market Size By Technology (Wired Communication Equipment, Wireless Communication Equipment), By Product (Button Systems, Mobile Systems, Intercom Systems, Integrated Communication Systems), By Application (Fall Detection & Prevention, Workflow Support, Wanderer Control, Alarms & Communications), By End-use (Hospitals, Nursing and Assisted Living Centers, Home Care Settings), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027’, available with MarketStudyReport, global nurse call systems market is expected to showcase notable growth through 2027.
Increasing geriatric population coupled with technological advancements in this business space are majorly driving global nurse call systems market growth. Introduction of technologically advanced systems has allowed for enhanced interaction between patients and their healthcare providers, mainly in case of emergencies. Advent of automatic nurse calling system that makes use of audiovisual signals to assist nurses in locating the patient effectively and their reason for admission is favoring the industry outlook.
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For the record, nurse call systems helps in enhancing communication between healthcare providers and patients as well as improve responsiveness, operational efficiency, patient or client satisfaction, and care levels. Traditional nurse call systems depend on manual recalling for physical routine checkups by healthcare providers and are many times incapable of efficiently alerting nurses for assistance on time.
Based on technology, global nurse call systems industry share from wired communication equipment segment accounted for USD 896 million in 2020 and is expected to grow at 10.1% CAGR over the projected timeline, owing to innovative wired nurse call systems delivering highly accurate & precise results in providing excellent patient care.
Considering the product range, integrated communications systems segment was remunerated at USD 561 million in 2020, and is estimated to expand at 10.5% CAGR over the analysis period, on account of rising demand for innovative systems in healthcare facilities.
Speaking of application ambit, alarm & communications segment amassed USD 595 million in 2020 and is anticipated to grow at 10.5% CAGR over the assessment period, owing to increasing demand for nurse call systems to alert or communicate with a caregiver.
Moving on to end user spectrum, the hospitals segment accrued a valuation of around USD 1,037 million in 2020 and is likely to showcase lucrative growth trends through 2027, mainly due to the availability of board-certified skilled doctors, faster & more efficient work, and high success rate.
Considering the regional frame of reference, Latin America nurse call systems market garnered around USD 94 million in 2020 and is anticipated to grow at CAGR of 11.3% over the estimated timeframe, owing to rising adoption of innovative nurse call systems in healthcare facilities, and increasing geriatric population in the region.
Major players profiled in global nurse call systems industry space are Cornell Communications Inc., Schrack Seconet AG, Meeyi, Jeron Electronics Systems Inc., Honeywell International Inc., West-Com Nurse Call Systems Inc., Ascom Group, Rauland-Borg Corporation, Austco Healthcare, Stanley Healthcare, and Hillrom Services Inc.