The global nurse call systems market was valued at $1,626.72 million in 2020, and is projected to reach $3,643.55 million by 2030, registering a CAGR of 8.39% from 2021 to 2030.
The nurse call system is an equipment used to provide quick assistance to patients. In addition, nurse call systems are installed in home-based settings for geriatric and disabled peoples as they can call for caregivers for any help.
The advancements in nurse call systems such as mobile applications, patients health monitoring, and alarm systems have contributed in growth of market. In addition, increase in prevalence of chronic diseases drives the growth of nurse call systems market. Patients with chronic disabilities require assistance for activity. Nurse call system helps disabled and bed-rested patients to call for help easily. For instance, according to the World Health Organization (WHO) in 2020, there are 2.21 million people diagnosed with lung cancer.
In addition, governments of all regions have increased their expenditure on the healthcare sector. For instance, in 2020, the U.S. Government spent about 4.1 trillion, or 19.7% of GDP, on healthcare expenditures. It has been estimated that approximately 30% of the healthcare expenditure is used in upgrading infrastructure, especially medical equipment used at public health centers (hospitals). Furthermore, rise in number of hospitals and well-developed healthcare infrastructure boosts market growth. For instance, as per the data of Statista, in 2019, there were 3,026 hospitals operational in Germany.
In addition, increase in the tobacco smoking habits and rise in air pollution contribute toward the growth of the nurse call systems market. However, high cost of treatment and lack of awareness in people about asthma & COPD are expected to limit the growth of market.
The nurse call systems market is segmented on the basis of the technology, equipment type, enduser, application, and region.
By technology, the market is mainly categorized into wired system and wireless system.
By equipment type, it is categorized in buttons, intercom systems, mobile systems, and integration communication systems.
Based on end user, it divided into hospitals, ambulatory surgical centers & clinics, and nursing homes & assisted living centers.
By application, it is sub segmented as emergency medical alarms, wanderer con, workflow support, and others applications. By Region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in the report include Ametek Inc., Ascom Holding AG, Austco Healthcare limited, Cornell Communications Inc., Hill-Rom, Holdings Inc., Honeywell International Inc., Jeron Electronic System Inc., Johnson Control, Stanley Healthcare, and Vigil Health Solutions Inc.
The nurse call system is an equipment used to provide quick assistance to patients. In addition, nurse call systems are installed in home-based settings for geriatric and disabled peoples as they can call for caregivers for any help.
The advancements in nurse call systems such as mobile applications, patients health monitoring, and alarm systems have contributed in growth of market. In addition, increase in prevalence of chronic diseases drives the growth of nurse call systems market. Patients with chronic disabilities require assistance for activity. Nurse call system helps disabled and bed-rested patients to call for help easily. For instance, according to the World Health Organization (WHO) in 2020, there are 2.21 million people diagnosed with lung cancer.
In addition, governments of all regions have increased their expenditure on the healthcare sector. For instance, in 2020, the U.S. Government spent about 4.1 trillion, or 19.7% of GDP, on healthcare expenditures. It has been estimated that approximately 30% of the healthcare expenditure is used in upgrading infrastructure, especially medical equipment used at public health centers (hospitals). Furthermore, rise in number of hospitals and well-developed healthcare infrastructure boosts market growth. For instance, as per the data of Statista, in 2019, there were 3,026 hospitals operational in Germany.
In addition, increase in the tobacco smoking habits and rise in air pollution contribute toward the growth of the nurse call systems market. However, high cost of treatment and lack of awareness in people about asthma & COPD are expected to limit the growth of market.
The nurse call systems market is segmented on the basis of the technology, equipment type, enduser, application, and region.
By technology, the market is mainly categorized into wired system and wireless system.
By equipment type, it is categorized in buttons, intercom systems, mobile systems, and integration communication systems.
Based on end user, it divided into hospitals, ambulatory surgical centers & clinics, and nursing homes & assisted living centers.
By application, it is sub segmented as emergency medical alarms, wanderer con, workflow support, and others applications. By Region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in the report include Ametek Inc., Ascom Holding AG, Austco Healthcare limited, Cornell Communications Inc., Hill-Rom, Holdings Inc., Honeywell International Inc., Jeron Electronic System Inc., Johnson Control, Stanley Healthcare, and Vigil Health Solutions Inc.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an in-depth analysis of the global nurse call systems market size along with the current trends and future estimations to elucidate the imminent investment pockets
- It offers market analysis from 2021 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market
- A comprehensive analysis of the region assists to understand the regional market and facilitate strategic business planning and determine prevailing opportunities
- The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global nurse call systems market growth
KEY MARKET SEGMENTS
By Technology
- Wired Systems
- Wireless Systems
By Equipment Type
- Buttons
- Intercom Systems
- Mobile Systems
- Integration Communication Systems
By End User
- Hospitals
- Ambulatory Surgical Centers & Clinics
- Nursing Homes & Assisted Living Centers
By Application
- Emergency Medical Alarms
- Wanderer Control
- Workflow Support
- Others Applications
By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
KEY MARKET PLAYERS
- Ametek Inc
- Ascom Holding AG
- Austco Healthcare limited
- Cornell Communications Inc
- Hill-Rom Holdings Inc
- Honeywell International Inc
- Jeron Electronic System Inc
- Johnson Control
- Stanley Healthcare
- Vigil Health Solutions Inc
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Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
Chapter 4: Nurse Call Systems Market, by Equipment Type
Chapter 5: Nurse Call Systems Market, by End-user
Chapter 6: Nurse Call Systems Market, by Technology
Chapter 7: Nurse Call Systems Market, by Application
Chapter 8: Nurse Call Systems Market, by Region
Chapter 9: Company Profiles
List of Tables
List of Figures
Executive Summary
According to a new report titled, “Nurse Call Systems Market by Technology, Equipment Type, End User, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030, the global nurse call systems market size was valued at $1,626.72 million in 2020, and is projected to reach $3,643.55 million by 2030, registering a CAGR of 8.39% from 2021 to 2030.Nurse call systems are installed in hospitals to manage workload of healthcare workers and to ensure quick assistance to patients. Nurse call system plays an important role in emergency cases, as the system provides quick signal along with patients room and bed number. These systems have eradicated communication challenges and upgraded nursing workflow in healthcare organizations. This system has improved the interaction between nurse and patients along with real-time notification about a patient’s health condition and ease to reply on request of patient.
Factors that drive the growth of the nurse call systems market include the rise in number of hospitals, increase in healthcare expenditures by peoples, and advancement in nurse call systems devices. In addition, increase in number of chronic diseases such as cancers have contributed in growth of market. For instance, according to the World Health Organization (WHO), cancer is a leading cause of death across the globe, accounting for nearly 10 million deaths in 2020, or nearly one in six deaths.
Furthermore, increase in geriatric population contributes in the growth of the nurse call systems market. For instance, as per the population reference bureau report, “Aging in the United States,” dated July 15, 2019, number of Americans aged 65 and older is projected to increase more than double from 52 million in 2018 to over 95 million by 2060, and is expected to rise to around 23% from 16%
The nurse call systems market is segmented on the basis of technology, equipment type, enduser, application, and region.
By technology, the market is divided into wired system and wireless system. The wireless system segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to the cost effectiveness and ease of installation of wireless system.
By equipment type, the market is divided into buttons, intercom systems, mobile systems, and integration communication systems. The buttons segment dominated the market in 2020, and this trend is expected to continue during the forecast period, due to ease of operation of buttons for patients.
By enduser, the market is divided into hospitals, ambulatory surgical centers & clinics, and nursing homes & assisted living centers. The hospitals segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to the increase in number of hospitals.
By application, the market is divided into emergency medical alarms, wanderer con, workflow support, and others applications. The emergency medical alarms system segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to the increase in chronic diseases.
North America accounted for a majority of the global nurse call systems market share in 2020, and is anticipated to remain dominant during the forecast period. Asia-Pacific is anticipated to witness lucrative growth, owing to the increase in chronic diseases and high population.
The COVID-19 outbreak is anticipated to have a positive impact on the growth of the nurse call systems market as most hospitals have adopted nurse call system due to COVID-19. The coronavirus and COVID-19 pandemic has serious and life-threatening impact on patients and healthcare workers. Hence, to minimize exposure of healthcare workers with patients and to provide quick medical assistance to patients, many of hospitals have installed nurse calling systems. In addition, a huge number of clinics and hospitals across the globe was restructured to increase the hospital capacity for the patient diagnosed with COVID-19, and this is expected to contributes in the market growth.
Key Findings Of Study
- On the basis of technology, the wireless segment was the highest contributor to the market in 2020
- On the basis of equipment type, buttons segment dominated the market in 2020
- By on end-user, hospitals segment dominated the market in 2020
- By application, emergency medical alarms segment was the highest contributor to the market in 2020
- On the basis of region, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period
Companies Mentioned
- Ametek Inc.
- Ascom Holding AG
- Austco Healthcare limited
- Cornell Communications Inc.
- Hill-Rom
- Holdings Inc.
- Honeywell International Inc.
- Jeron Electronic System Inc.
- Johnson Control
- Stanley Healthcare
- Vigil Health Solutions Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 220 |
| Published | February 2022 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 1626.72 million |
| Forecasted Market Value ( USD | $ 3643.55 million |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
