Global Nurse Call System Market - 2022-2029
Market Overview
The global nurse call system market size was valued US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of XX % during the forecast period (2022-2029).
A Nurse Call System improves communication between healthcare providers and the people they serve, allowing them to deliver more attentive and efficient care to their patients. These solutions will aid in improving patient and employee satisfaction and morale. Care is provided on time when healthcare staff knows the particular location or room from which a patient is phoning.
Market Dynamics
Advancement in the Nurse Call System devices is expected to drive market growth.
Poltys Direct Care Connect (DCC) EX is a scalable, cost-effective, fully-integrated communications and alarm management system that improves patient/resident satisfaction, caregiver morale, and the company’s bottom line. Patients and residents feel safer and more connected. Caregivers benefit from enhanced workflow and improved efficiency and job satisfaction. Facility Managers experience higher occupancy, more efficient staff allocation, and lower costs. Moreover, DCC EX works with Avaya, Panasonic, NEC, 3CX, and other PBX systems and handsets, wireless sensors, industry-standard fire panels and wandering management systems for complete integration.
Additionally, Patients commonly use button nurse call equipment to alert nurse stations that they require assistance. These systems are simple because the patient only needs to press a push-button switch. Button systems are utilized in various contexts, including hospitals, clinics, and home care settings, and they help healthcare facilities run smoothly while keeping patients safe. The temporary push-button and call placed light is the right answer for all notification system requirements at the touch of a button. Thus, the market is expected to drive in the forecast period from the above statements.
Restraint:
The high expenses of adopting nurse call systems could limit the market's growth due to the efficiency of a nurse call system being determined by various aspects in a healthcare facility, including software, hardware, and staff training levels. It raises the need for high-cost investments in hospitals, clinics, and home care settings to properly utilize this equipment. Furthermore, strict rules relating to data breaches may hamper the industry growth during the forecasted period.
COVID-19 Impact Analysis
The COVID-19 pandemic has moderately impacted healthcare systems and the market. The high number of hospital admissions has increased the demand for nurse call systems to provide critical care monitoring, which is crucial in saving patients' lives and ensuring the safety of healthcare workers. The necessity for these systems occurred due to the coronavirus outbreak, which highlighted the importance of ensuring safe and secure communication between patients and caregivers to combat the virus. Likewise, nursing homes that implemented new nurse call technology could offer care more effectively, reducing the danger of cross-infection.
Additionally, Several companies have advanced the manufacturing of wireless nurse call devices to enable healthcare practitioners in their fight against Covid-19. For instance, The Push&Call Quick Deploy Nurse Call System has been deployed by LoRa Alliance for improvised patient care facilities that demand quick responses from nurses. Thus, during the COVID pandemic, nurse call systems were widely employed to allow patients to relocate into their homes full-time while maintaining safe round-the-clock resident supervision.
Segment Analysis
IP-based Nurse Call Systems segment is expected to hold the largest market share in nurse call system market
The IP-based nurse call systems segment is expected to dominate in 2020. The IP-based system offers a higher capability for improving workforce and resource allocation and patient call management. Due to improved connectivity and the possibility of being integrated into a larger number of beds, Internet protocol-based systems have recently seen substantial demand and requirement. Wireless components in patient monitoring, such as wandering control and notifications to the on-duty nurse, are also incorporated using IP-based systems. The system's server-based technology, which promoted better communication and interpretation of emergency nurse calls, is to blame for the rise in demand. Furthermore, the IP-based system provides cloud-based data storage and access, allowing the nurse on duty to retrieve patients quickly. The modern software technologies employed in this system make taskforce bifurcation and work allocation a breeze. For instance, ResiPlus is flexible, simple and intuitive software capable of helping carers and nurses reduce time spent on managerial tasks and increase time spent looking after residents. Thus, the market segment is expected to hold the largest market share in the forecast period from the above statements.
Geographical Analysis
North America region holds the largest market share in the global nurse call system market
In 2020, North America accounted for the highest revenue share. The rising geriatric population, growing prevalence of chronic diseases, well-established healthcare system, growing awareness and demand for nurse call systems, owing to better reimbursement facilities and presence of major market players in the region are some of the factors the market is expected to boost the market in the forecast period. For instance, Unity Connected Solutions, Inc. is a communications firm established in Canada that offers unified communications, contact centers, data, and collaboration services. They create, deploy, and maintain communication technology to help their clients increase productivity, efficiency, and quality in their businesses. The company provides Situational Awareness & Nurse Call that protects people and property with automated alerting. Automation is the only method to assure the firm can meet any life safety, security, or environmental monitoring plan. Status Solutions refers to situational awareness as continuous monitoring, targeted alerting with built-in escalation, and the ability to link into current fire safety systems.
Moreover, According to Medicare, implementing nurse call systems in hospitals and care centers saves about USD 2.1 billion in payment expenses. The need for nurse call system mobility has increased, resulting in greater rivalry among the leading companies to provide a higher level of integrated nurse call systems. Therefore, it has increased the demand for nurse call systems. Thus, the North American region is expected to hold the largest market share in the forecast period from the above statements.
Competitive Landscape
Major key players in the nurse call system market are Hill-Rom Services Inc., Honeywell International Inc., Jeron Electronics Systems Inc., Systems Technologies, Ascom, Rauland-Borg Corporation, Johnson Controls International Plc, Siemens, West-Com Nurse Call Systems, Inc. and Intercall Systems, Inc.
Hill-Rom Services Inc.:
Overview:
Hillrom, which Baxter acquires, is a prominent global medical technology firm whose products, services, and more than 10,000 workers help people get better treatment both in and out of hospitals. Diagnostic, critical care, nutrition, kidney care, hospital, and surgical goods make up the company's main portfolio used in patient homes, hospitals, physician offices, and other care settings. Its products and solutions aid in earlier diagnosis and treatment, surgical efficiency optimization, and patient recovery acceleration, all while streamlining clinical communication and bringing care closer to the patient's home.
NaviCare Nurse Call: NaviCare: Nurse Call features a graphical touch screen patient station, enabling caregivers to communicate with patients faster, reduce steps in their routine, and perform more patient care activities at the bedside.
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