Nurse Call Systems Market by Technology (Wired System and Wireless System), Equipment Type (Buttons, Intercom Systems, Mobile Systems, and Integration Communication Systems), End User (Hospitals, Ambulatory Surgical Centers, Clinics and Nursing Homes, and Assisted Living Centers), and Application (Emergency Medical Alarms, Wanderer Con, Workflow Support, and Others Applications): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global nurse call systems market was valued at $1,626.72 million in 2020, and is projected to reach $3,643.55 million by 2030, registering a CAGR of 8.39% from 2021 to 2030.
The nurse call system is an equipment used to provide quick assistance to patients. In addition, nurse call systems are installed in home-based settings for geriatric and disabled peoples as they can call for caregivers for any help.
The advancements in nurse call systems such as mobile applications, patients health monitoring, and alarm systems have contributed in growth of market. In addition, increase in prevalence of chronic diseases drives the growth of nurse call systems market. Patients with chronic disabilities require assistance for activity. Nurse call system helps disabled and bed-rested patients to call for help easily. For instance, according to the World Health Organization (WHO) in 2020, there are 2.21 million people diagnosed with lung cancer.
In addition, governments of all regions have increased their expenditure on the healthcare sector. For instance, in 2020, the U.S. Government spent about 4.1 trillion, or 19.7% of GDP, on healthcare expenditures. It has been estimated that approximately 30% of the healthcare expenditure is used in upgrading infrastructure, especially medical equipment used at public health centers (hospitals). Furthermore, rise in number of hospitals and well-developed healthcare infrastructure boosts market growth. For instance, as per the data of Statista, in 2019, there were 3,026 hospitals operational in Germany.
In addition, increase in the tobacco smoking habits and rise in air pollution contribute toward the growth of the nurse call systems market. However, high cost of treatment and lack of awareness in people about asthma & COPD are expected to limit the growth of market.
The nurse call systems market is segmented on the basis of the technology, equipment type, enduser, application, and region.
By technology, the market is mainly categorized into wired system and wireless system.
By equipment type, it is categorized in buttons, intercom systems, mobile systems, and integration communication systems.
Based on end user, it divided into hospitals, ambulatory surgical centers & clinics, and nursing homes & assisted living centers.
By application, it is sub segmented as emergency medical alarms, wanderer con, workflow support, and others applications. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in the report include Ametek Inc., Ascom Holding AG, Austco Healthcare limited, Cornell Communications Inc., Hill-Rom, Holdings Inc., Honeywell International Inc., Jeron Electronic System Inc., Johnson Control, Stanley Healthcare, and Vigil Health Solutions Inc.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an in-depth analysis of the global nurse call systems market size along with the current trends and future estimations to elucidate the imminent investment pockets.
It offers market analysis from 2021 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
A comprehensive analysis of the region assists to understand the regional market and facilitate strategic business planning and determine prevailing opportunities.
The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global nurse call systems market growth.
KEY MARKET SEGMENTS
By Technology
Wired Systems
Wireless Systems
By Equipment Type
Buttons
Intercom Systems
Mobile Systems
Integration Communication Systems
By End User
Hospitals
Ambulatory Surgical Centers & Clinics
Nursing Homes & Assisted Living Centers
By Application
Emergency Medical Alarms
Wanderer Control
Workflow Support
Others Applications
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
KEY MARKET PLAYERS
Ametek Inc.
Ascom Holding AG
Austco Healthcare limited
Cornell Communications Inc.
Hill-Rom Holdings Inc.
Honeywell International Inc.
Jeron Electronic System Inc.
Johnson Control
Stanley Healthcare
Vigil Health Solutions Inc.
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