Increasing need to improve communication among doctors and nurses and urgent need to reduce patient disturbances are some key factors driving market revenue growth
The global nurse call system market size is expected to reach USD 3.15 Billion in 2028 and register a CAGR of 8.8% over the forecast period, according to the latest report by Reports and Data. Increasing government spending to improve healthcare infrastructure with advanced technologies is anticipated to drive market revenue growth. In addition, urgent need to reduce patient disturbances and increasing need to improve communication among doctors and nurses are expected to support market growth.
Nurse call system is an advanced communication system that transmits signals to physicians and nurses based on patients’ conditions and further determines whether or not a doctor is required. Nurse call systems efficiently assist in reducing a number of potential patient disruptions. As the process is inherently discrete, it leads to minimal disruptions in an organization. This further allows nurses to keep a record of their patients and establish communication on a daily basis.
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The report provides comprehensive assessment of the market covering key elements such as revenue estimations, cost analysis, import/export, production and consumption trends, CAGR, gross margin, and supply & demand patterns. It also sheds light on recent technological developments, product advancements, and research and development activities in the region.
The report examines the key players operating in the market along with their market position, market share, revenue, gross margin, and business strategies. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. It also covers recent mergers and acquisitions, joint ventures, collaborations, agreements, partnerships, and product launches and brand promotions.
Key companies profiled in the report include:
Ascom Holding AG, Rauland-Borg Corporation, Johnson Controls International Plc, Azure Healthcare Ltd., Siemens AG, West-Com Nurse Call Systems, Inc., Schrack Seconet AG, Cornell Communications, Tunstall Group Ltd., and Hill-Rom Holdings, Inc.
Market Segmentation by Types:
Type Outlook (Revenue, USD Billion; 2018-2028)
- Integrated Communication Systems
- Button-based Systems
- Intercom Systems
- Mobile Systems
Technology Outlook (Revenue, USD Billion; 2018-2028)
- Wired Communication
- Wireless Communication
Application Outlook (Revenue, USD Billion; 2018-2028)
- Wanderer Control
- Alarms & Communications
- Fall Detection & Prevention
- Workflow Optimization
End-use Outlook (Revenue, USD Billion; 2018-2028)
- Clinics & Physician Offices
- Long-term Care Facilities
- Hospitals
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Regional analysis covers in-depth analysis of analysis of the revenue, market share, and growth rate of the global Nurse Call System market in each region for the forecast period of 2021-2028. The report covers production and consumption rate, current and emerging trends, import/export, supply and demand, and presence of key players in each region.
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
Some Key Highlights From the Report:
- Based on type, integrated communication systems segment is expected to account for largest revenue share during the forecast period. Technological advancements, increasing focus on patient satisfaction, need to improve efficacy of nurses, and development of diverse platforms are factors expected to drive this segment’s growth.
- Based on technology, wired communication segment is expected to account for significantly steady revenue share over the forecast period. Wired communication systems do not require built-in radio modules and hardware cost is also low, compared to wireless communication systems. Such benefits are expected to drive growth of this segment over the forecast period.
- Based on application, alarms and communications segment is expected to account for significant revenue share between 2021 and 2028. Nurse call systems are rapidly being utilized for alerts and communications to improve patient safety by streamlining communication between nurses and patients.
- Based on end-use, hospitals segment is expected to account for largest revenue share in the global market over the forecast period. This growth is attributable to increasing patient flow, higher adoption of advanced nurse call systems, and rising number of emergency cases.
- North America nurse call system market is expected to account for largest revenue share over the forecast period. This growth is attributable to increasing legislative reforms, reimbursement policy changes, and rising government funding to improve healthcare facilities in this region.
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