Rising Cases of Alzheimer's Dementia among Geriatric Population and Need for Assisted Living Centers Fuel North America Emergency Call Systems Market
In the US, approximately 42% of assisted living centers run independently while the rest are managed by different organizations. According to data collected by the National Center for Assisted Living, nearly 71% of the people living there are women and 29% are men. It also stated that nearly 11% of the people are 65-74 years old, whereas 7% are less than 65 years old. The majority of the people are older than 85, as they account for ~52% of the total occupancy, while 30% of them belong to the range of 75-84 years.Moreover, according to the Alzheimer's Association, 6.7 million Americans of age 65 and above were estimated to be living with Alzheimer's dementia in 2023. In addition, the rise in the geriatric population, which is leading to increasing incidences of Alzheimer's, is fueling the growth of the market. While traditional home health care is a known option for patients suffering from dementia and Alzheimer's disease, assisted living places emphasize more on activities and programs that fall under memory care. Benefits provided by these centers include a higher level of care, the unique way of operation of each center or community, low-cost services offered by some centers, and efforts made to foster cultural diversity (making it easy for people to socialize). Therefore, the increasing incidence of Alzheimer's dementia among the geriatric population, along with the subsequently increasing need for assisted living centers, propels the demand for emergency call systems.
North America Emergency Call Systems Market Overview
Currently, the life expectancy in the US is higher than ever before. A lot of people live in a nuclear family setup where it is not always possible to give older people the high quality of care they require. These factors have led to an increase in the number of assisted living facilities and skilled nursing facilities in the country. The North America emergency call systems market is also likely to flourish with the growing prevalence of Alzheimer's disease and dementia in the US. Moreover, the elevating geriatric population base and the presence of leading enterprises offering emergency call systems propel market growth in the US.According to the Alzheimer's Association, ~6.7 million Americans aged 65 or more were living with Alzheimer's dementia in 2023, and nearly 10.8% (1 in 9) people of age 65 and above have Alzheimer's dementia. West-Com Nurse Call System, Inc.; Amplion; Cornell Communications; and Tyco SimplexGrinnell are a few of the players that are operating in the emergency call system market in the US. These players are largely engaged in the development of technology products that offer better services to their customers. Amplion offers Amplion Alert, a product that tracks the real-time activities of a patient. It helps in providing patient care and documenting their every step of care, communication, and delivery process.
North America Emergency Call Systems Market Revenue and Forecast to 2030 (US$ Million)
North America Emergency Call Systems Market Segmentation
The North America emergency call systems market is categorized into application, end user, technology, offerings, type, and country.Based on application, the North America emergency call systems market is segmented fall prevention and detection, workflow optimization, patient care reminders, alarms and communication management, wander management, reporting and analytics, real-time staff locating, and others. The alarms and communication management segment held the largest market share in 2022.
In terms of technology, the North America emergency call systems market is bifurcated into wired and wireless. The wired segment held a larger market share in 2022.
By offerings, the North America emergency call systems market is categorized into hardware, software, and services. The hardware segment held the largest market share in 2022.
By type, the North America emergency call systems market is segmented into nurse call systems, call box systems, emergency stanchions, intercom system, and others. The nurse call systems segment held the largest market share in 2022.
By end user, the North America emergency call systems market is categorized into hospital and clinics, assisted living and independent living facilities, ambulatory surgical centers, and others. The hospital and clinics segment held the largest market share in 2022.
By country, the North America emergency call systems market is segmented into the US, Canada, and Mexico. The US dominated the North America emergency call systems market share in 2022.
Hill-Rom Holdings Inc, GE HealthCare Technologies Inc, RF Technologies Inc, BEC Integration Solutions LLC, Mircom Technologies Ltd, Systems Technologies Inc, Carecaller Emergency Call Systems Inc, Ascom Holding AG, and Cornell Communication are among the leading companies operating in the North America emergency call systems market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America emergency call systems market.
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- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America emergency call systems market, as well as those hindering it.
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Table of Contents
Companies Mentioned
- Hill-Rom Holdings Inc
- GE HealthCare Technologies Inc
- RF Technologies Inc
- BEC Integration Solutions LLC
- Mircom Technologies Ltd
- Systems Technologies Inc
- Carecaller Emergency Call Systems Inc
- Ascom Holding AG
- Cornell Communication
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 101 |
Published | June 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1182.4 Million |
Forecasted Market Value ( USD | $ 2767.2 Million |
Compound Annual Growth Rate | 11.2% |
Regions Covered | North America |
No. of Companies Mentioned | 9 |