Global Nurse Call Systems Market 2022-2028

Global Nurse Call Systems Market 2022-2028

Global Nurse Call System Market Size, Share, & Analysis by Equipment Type (Basic Audio/ Visual Nurse Call Systems, IP-Based Nurse Call Systems, Nurse Call Intercoms, and Nurse Call Mobile Systems), by Communication (Wired Nurse Call Systems and Wireless Nurse Call Systems), and by End-Users (Hospitals & Clinics, Ambulatory Care Centers, and Others) Forecast Period (2022-2028)

The global nurse call system market is anticipated to grow at a CAGR of 10.2% during the forecast period (2021-2028). The market value was $1.5 billion in 2021 and is estimated to reach $2.9 billion in 2028. Nurse call systems allow a patient to call or contact their designated nurse or nurse's station easily. It also enables healthcare professionals to manage their workload and provide access to patients’ quick and timely care. These systems are very helpful, especially in emergency situations with an accurate alert of the room and bed number of patients. The major factor attributable to the growth of the market includes the growing adoption of digital equipment and devices along with several government investments in healthcare facilities. For instance, in April 2022, the National Health Authority (NHA) rolled out a module for nurses on Health Professional Registry under the Ayushman Bharat Digital Mission (ABDM). The module enrolls several departments which use traditional systems within the healthcare organization. S per the situation and requirements, the government will replace the traditional systems with digital systems over the period of 5 years by 2028.

Market Segment Outlook

Based on the equipment type, the market is sub-segmented into basic audio/ visual nurse call systems, IP-based nurse call systems, nurse call intercoms, and nurse call mobile systems. Among these, the basic audio/ visual nurse call systems sub-segment held the largest market share of 43% accounting for around $626 million in 2021 and is estimated to reach $1.1 billion in 2028. The segment is projected to grow at a CAGR of 8% during the forecast period (2021-2028). Due to the enhanced reliability of the basic nurse call systems and ease of operation for patients is considered to be the major factor fueling the segmental growth. Additionally, the high investment cost associated with the integration of mobile or IP-based nurse call systems is another major factor bolstering the adoption of a basic audio/ visual nurse call system.

Based on communication, the market is sub-segments into wired nurse call systems and wireless nurse call systems. Among these, the wired sub-segment is estimated to hold the largest share of 76% in 2021 accounting for a market value of $1.1 billion in 2021. The number is further estimated to reach $1.9 billion in 2028, growing at a CAGR of 8.7% during the forecast period (2021-2028). However, the wireless segment is estimated to grow at the highest CAGR of 14.2% over the forecast period (2021-2028). The segment is gaining tremendous popularity as these systems’ call and notification feature is very quick, accurate, and reliable. In the wireless nurse call systems, there are no wires, thus the nurses have the option of wearing devices for getting immediate alerts and providing care to the patients on time.

Based on the end-users, the market is sub-segments into hospitals & clinics, ambulatory care centers, and others. The other sub-segment includes residential care homes and nursing homes. Among these, the hospitals & clinics segment is estimated to hold the largest share of 76% in 2021 accounting for a market value of $1.1 billion in 2021. The number is further estimated to reach $2.7 billion in 2028, growing at a CAGR of 10% during the forecast period (2021-2028). The optimal patient safety and increased productivity of healthcare professionals and nurses are the major factors supporting segmental growth. Several market players are also focusing on developing and introducing advanced, technological, and wireless nurse call systems which can only be used in hospitals and clinics. For instance, in October 2021, Stryker Corp. launched proCuity, a wireless and intelligent hospital bed. The product was designed to reduce in-hospital patient falls and improve nurse workflow efficiencies, along with reducing overall hospital costs.

Based on the region, the global nurse call system market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Among these, North America held the largest share of 37.6% in 2021 accounting for a market value of $547 million in 2021. This number is further estimated to reach $1.2 billion in 2028, growing at a CAGR of 9.8% during the forecast period. Owing to the rising burden of hospital admissions coupled with the increasing prevalence of chronic diseases, the regional market propelling. According to the American Cancer Society, in 2021, around 1.9 million new cancer cases were diagnosed and 609,360 cancer deaths in the US. Hence, these results are anticipated to bolster the adaptability of nurse call systems across the region.

Key Players Outlook

Prominent players in the global nurse call system market include Hill-Rom Services, Inc.(Baxter International Inc.), Honeywell International, Inc., Ascom Holding AG, Raul and-Borg Corp., Siemens AG, and Koninklijke Philips N.V. (Philips Healthcare), among others. These market players are adopting various strategies to sustain themselves in the competitive market. These companies are embarking on aggressive strategies such as partnerships and product launches in the nurse call system market to gain a leading position across the globe. For instance, in December 2021, Tunstall Healthcare launched a newly developed nurse call system named Tunstall Craecom in the UK market. The product was designed to fulfill the unmet demands of modern care delivery and support residential and nursing care homes.