Press release
Nurse Call Systems Market to Grow at a CAGR of 10.3% by 2027 - Azure Healthcare, Intercall Systems, SCHRACK SECONET AG, STANLEY Healthcare, Critical Alert Systems
The Insight Partners
The Nurse Call Systems market is estimated to soar with a CAGR of 10.3% from 2019-2027.
Market Highlights
Nurse Call Systems are experiencing a significant surge following a rising need for efficient and responsive health care communication. The global nurse call systems market is forecasted to reach US$ 2,936.83 Mn in 2027 from US$ 1,252.65 Mn in 2018. The growing number of nurse call systems for assisted living centers and communities and technological advancements in the product are some key drivers propelling the market growth. Nurse call systems regulations, however, may negatively influence the market growth during the forecast period.
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Regional Analysis
The report offers exclusive insights into the nurse call systems market share across five global regions covering eighteen countries. It includes exhaustive PEST analysis for North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America (S&CAM).
The market in the Asia Pacific is expected to exhibit the highest growth rate in the forecast period due to significant increase in the incidences of Alzheimer’s disease and other dementia in the region. The initiatives by key market players and the rise in assisted living centers would contribute to the growth in this region.
Segmentation
The global nurse call systems market is broadly segmented into equipment, technology, application, and end user for in-depth analysis. Based on equipment, the market is fragmented into intercom systems, button systems, mobile systems, and integrated communication systems. By technology, the market is classified as wired and wireless nurse call systems. The nurse call system market, based on application, is segmented as emergency medical alarms, wanderer control, workflow support, and others. On the other hand, the market by end user is segregated into hospitals, clinics, nursing homes & medical assisted living centers, and others.
Key Players
The report profiles the top ten leading Nurse Call Systems manufacturers. The section provides essential details on nurse call systems products offered by each company, financial overview for three consecutive years, SWOT analysis, and notable developments for the past five years. Some prominent players included in the report are, Ascom, Honeywell International Inc., Siemens AG, Azure Healthcare, Intercall Systems Inc., SCHRACK SECONET AG, STANLEY Healthcare, Critical Alert Systems., Hill-Rom Services Inc., and Rauland.
Industry news
In January 2019, Rauland-Borg Corporation launched a true next-generation enterprise-wide platform for the Responder intelligent nurse call solution.
Critical Alert Systems announced a partnership with Bernoulli Health in 2019. The platform fuses Bernoulli One’s real-time, patient-generated data with Critical Alert Systems’ staff assignment, advanced, rules-based routing, and distribution capabilities.
Ascom Holding AG launched an integrated clinical alarm management solution with Dräger AG & Co. KGaA. The solution has received FDA clearance for sales and distribution in the US. The product is also available in the Canadian market.
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