Nurse Call Systems Market Report Provides a Comprehensive Analysis of Current & Future Market Trends, and Emerging Revenues
The global
nurse call systems market is projected to attain significant growth
during the forecast period mainly due to the increasing geriatric population.
In terms of type of instrument, the market is expected to be led by integrated
communication nurse call systems, as they are highly useful and efficient in
healthcare communication, when compared to button, mobile and intercom systems.
Whereas, the market for mobile systems is expected to exhibit the highest
growth owing to the increasing demand for mobility solutions.
Based on the
technology used in these systems, these can be either wired or wireless. The
low cost of wired systems, faster speed of transmission in wired communication
systems, and various government regulations mandating wired infrastructure in
acute care settings are the factors fueling the market growth of wired nurse
call systems. These systems find application in emergency medical alarms and in
services such as wanderer control and workflow support. Emergency medical
alarms are expected to continue holding the largest share in the nurse call
systems market in the coming years, because of various product launches in this
category.
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North
America is estimated to be the largest revenue generator in the global nurse
call systems market in 2017, because of high investments in the healthcare IT
system, strict regulations pertaining to healthcare communication, changes in
reimbursement coverage policies, and increased funding from the government to
equip hospitals with these technology-driven systems. However, during the
forecast period, Asia-Pacific is expected to witness the highest growth in the
market, because of the increasing interest of industry players to operate in
the emerging economies, improving healthcare infrastructure, and growing number
of patients in outpatient clinics and acute care nursing homes.
According to
a report by the United Nations Department of Economic and Social Affairs (UNDESA)
on the global geriatric population, the population of the people aged 60 years
or above is growing at a high rate. The number of people aged 60 years or over
is projected to grow by 56.0%, globally, i.e. from 901 million in 2015 to 1.4
billion by 2030, and it is projected to more than double its size of 2015 to
reach 2.1 billion by 2050. This spur in the aging population indicates a rise
in the prevalence of diseases, which, in turn, is expected to support the
growth of the nurse call systems market.
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The growing number
of product launches by key players in the market is driving the growth of the
nurse call systems market. For instance, in May 2017, Hill-Rom Holdings Inc.
launched the Hill-Rom 900 Accella bed system for high-acuity patients in
intensive and acute care settings. Upon its launch, Hill-Rom's new bed system
was made available in select markets outside the U.S. The bed system is meant
for high-acuity settings, given its intuitive bed controls and productivity
enhancements that afford increased caregiver time with patients and improved
patient satisfaction.
Some of the
other key players in the industry are Ascom Holding AG, Courtney Thorne Ltd.,
Honeywell International Inc., AMETEK Inc., Siemens AG, Schrack Seconet AG,
Azure Healthcare Limited, Cornell Communications Inc., and Intercall Systems
Inc.
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