Global Nurse Call System Market to Witness a Surge Owing to COVID-19 Pandemic
Nurse Call System Market Research Report: By Type (Buttons, Integrated Communication Systems, Mobile Systems, Intercoms), By Technology (Wired, Wireless), by Application (Medical Emergency, Alarms, Workflow Management), By End Users - Forecast till 2027
Nurse call systems are devices used in calling for assistance by patients in assisted living facilities, retirement communities, and hospitals. The need for systems which reduce wandering and provide a sense of security to patients can warrant its demand. The global nurse call system market report by Market Research Future (MRFR) considers the growth enablers, restraints, opportunities, and trends for the period of 2018 to 2023 (forecast period). The impact of the COVID-19 pandemic on the industry has been noted as a market catalyst.
Market Scope
The global nurse call system market share is expected to register a 9.5% CAGR during the forecast period.
Rising number of critical cases at hospitals and clinics is the primary factor driving market growth. Complexities in hospital operations and the large geriatric populace offer plenty of opportunities to the market. Nurse call systems can be used in assisted living facilities, retirement centers, and old age homes for alerting nurses in case of emergencies. The call for modernization of healthcare infrastructure and apt training for nurses can bode well for the market.
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The scare caused by the COVID-19 pandemic has led to elevated demand for nurse call systems. The high inflow of patients in private hospitals and the shift to digitization by hospitals can be accounted for the boost in the market. Innovation among players has led to additional features being integrated in the latest iterations of nurse call systems. Furthermore, as per the report by Global Health Observatory in 2017, about 50% of WHO member states have less than 3 nurses per 1,000 people. This offers opportunities to market players in alleviating the burden on healthcare staff.
Segmentation
The global nurse call system market has been segmented into type, technology, applications, and end-users.
The market, on the basis of type, has been segmented into nurse call mobile systems, nurse call intercoms, nurse call buttons, nurse call integrated communication systems, and others.
The market, by technology, has been segmented into wired systems and wireless systems.
The market, by applications, has been segmented into workflow management, medical emergency, alarms, and others.
The market, by end-users, has been segmented into hospitals & nursing homes, assisted living centers, ambulatory care centers, and others. Hospitals and nursing homes are expected to hold the largest market share in this segment owing to the rising number of public as well as private hospitals. On the other hand, assisted living centers are expected to be the fastest-growing market owing to the increasing geriatric population and the rising need of such facilities.
Regional Analysis
The market, by region, has been segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas is primed to dominate the market owing to the modernization of healthcare infrastructure, adoption of latest systems, and the large geriatric patient pool. The large healthcare expenditure of Canada and the U.S. are likely to be favorable for the market as hospitals look for methods to lower the burden on healthcare staff.
On the other hand, APAC is expected to display the highest growth rate during the forecast period. The large patient pool and willingness for new technology can drive its adoption rate in public and private hospitals.
Competitive Outlook
Vigil Health Solutions Inc., Johnson Controls, STANLEY Healthcare, Hill-Rom Services Inc., Azure Healthcare, Systems Technologies, Cornell Communications, BEC Integrated Solutions, LLC, Ascom, Honeywell International Inc., CSINC, Jeron Electronic Systems Inc., Austco Communication Systems Pty Ltd., West-Com Nurse Call System, Inc, and AMETEK, Inc. are key players of the global nurse call system market.
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