Overview

Nurse Call Systems Market Introduction:

Nurse Call Systems Market is estimated to value over USD 2.3 billion by 2027 end and register a CAGR of over 9% during the forecast period 2020 to 2027.

Nurse call systems play an important role in the establishment of effective communication between healthcare facilities. These systems allow customized, streamlined communication amongst caregivers, clinicians and patients in order to improve the care quality and the overall satisfaction of patients. With the emergence of smart devices, nursing workflow structure is being simplified by allowing them to have inter- as well as intra-team communication and calls triggered by patients. Due to such advantages, the nurse call systems have become an instrumental part of the communication system of hospitals.

It is predicted that over 5.5 million people in the United States are diagnosed with Alzheimer’s disease and it is predicted to rise over 12 million by 2040. One of the key factors driving the market growth in the presence of Alzheimer’s disease is the ever-increasing ageing population. Elderly patients diagnosed with Alzheimer’s disease need consistent care and monitoring due to the behaviour of the disease. This needs the usage of nurse call systems with novel functionalities like RTLS, emergency medical alarms and wanderer management for the treating patients effectively. Furthermore, the increasing presence of Alzheimer’s disease is one of the instrumental factors leading to the rise in the number of aided living centres. In the United States, as of now, there are over 28,000 aided living centers with over a million licensed beds. The highly increasing number of these centres with large bed capacity will steer the adoption rate of nurse call systems, considering these systems are important for these centres in ensuring the safety of elderly occupants and providing better care.

The Asia Pacific region is predicted to augment with a high CAGR value in the upcoming years. The factors contributing to the expansion of the nurse call systems market size of the region are growing initiatives by the government for the digitalization of healthcare, soaring geriatric population, an increase in the number of or long-term facilities or assisted living centers, rise in the expenditure assigned to healthcare, infrastructural expansion of healthcare and development of medical tourism. Nonetheless, the North American and European markets will hold a major market share owing to the presence of key players and established economies in the Asia Pacific region.

Key market players included in the nurse call systems industry are:

Rauland-Borg Corp., Hill-Rom Holdings Inc., Ascom Holding AG, Johnson Controls International PLC, Siemens AG, Ackermann, Jeron Electronic Systems Inc., Azure Healthcare Ltd., Schrack Seconet AG., Intercall Systems Inc.

Nurse Call Systems Market Segmentation:

By Type

• Button-Based Systems
• Integrated Communication Systems
• Mobile Systems
• Intercom Systems

By Technology

• Wired Communication
• Wireless Communication

By Application

• Alarms & Communications
• Workflow Optimization
• Wanderer Control
• Fall Detection & Prevention

By End User

• Hospitals and Ambulatory Surgery Centres
• Long-Term Care Facilities
• Clinics and Physician Offices

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the nurse call systems market by type, by technology, by application, by end user and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, industry-specific restraints and opportunities)
• To forecast and evaluate micro-markets and the overall market 
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific and the rest of the world
• To record, evaluate and analyse competitive landscape mapping- technological advancements, product launches, expansions and mergers

Table of Contents

1 Introduction 

1.1 Objectives of the Study 

1.2 Market Definition 

        1.2.1 Markets Covered

        1.2.2 Years Considered for the Study

1.3 Currency 

1.4 Limitations 

1.5 Stakeholders 

2 Research Methodology 

2.1 Research Approach 

2.2 Research Data 

        2.2.1 Secondary Sources

                 2.2.1.1 Key Data From Secondary Sources

        2.2.2 Primary Sources

                 2.2.2.1 Key Data From Primary Sources

                 2.2.2.2 Breakdown of Primary Interviews

2.3 Market Size Estimation 

2.4 Market Breakdown and Data Triangulation 

2.5 Research Assumptions 

3 Executive Summary

4 Market Overview

4.1 Introduction

4.2 Market Dynamics

        4.2.1 Drivers

                 4.2.1.1 Ease of Communication and Diverse Applications of Nurse Call Systems

                 4.2.1.2 Technological Advancements in Nurse Call Systems

        4.2.2 Restraints

                 4.2.2.1 High Costs Involved in the Implementation of Nurse Call Systems

                 4.2.2.2 Unfavorable Regulations

        4.2.3 Opportunities

                 4.2.3.1 Emerging Countries

                 4.2.3.2 Increasing Incidence of Alzheimer’s Disease and Growing Number of Assisted Living Centers

        4.2.4 Challenges

                 4.2.4.1 Integration and Interoperability of Nurse Call Systems

        4.2.5 Trends

                 4.2.5.1 Interoperable Designs With Data Representation for Improved Workflow

5 Nurse Call Systems Market, By Type

5.1 Introduction

5.2 Button-Based Systems

5.3 Integrated Communication Systems

5.4 Mobile Systems

5.5 Intercom Systems

6 Nurse Call Systems Market, By Technology

6.1 Introduction

6.2 Wired Communication

6.3 Wireless Communication

7 Nurse Call Systems Market, By Application

7.1 Introduction

7.2 Alarms & Communications

7.3 Workflow Optimization

7.4 Wanderer Control

7.5 Fall Detection & Prevention

8 Nurse Call Systems Market, By End User

8.1 Introduction

8.2 Hospitals & Ambulatory Surgery Centres

8.3 Long-Term Care Facilities 

8.4 Clinics & Physician Offices

9 Nurse Call Systems Market, By Region

9.1 Introduction

9.2 North America

9.3 Europe

9.4 Asia Pacific

9.5 Rest of the World

10 Competitive Landscape 

  10.1 Overview

  10.2 Market Share Analysis

  10.3 Competitive Situation and Trends

          10.3.1 Product Launches and Approvals

          10.3.2 Agreements, Collaborations, and Partnerships

          10.3.3 Merger & Acquisition

  10.4 Competitive Leadership Mapping

          10.4.1 Visionary Leaders

          10.4.2 Dynamic Differentiators

          10.4.3 Innovators

          10.4.4 Emerging Players

11 Company Profiles

12.1 Rauland-Borg Corp.

12.2 Hill-Rom Holdings INc.

12.3 AScom Holding AG

12.4 Johnson Controls International PLC

12.5 Siemens AG

12.6 Ackermann

12.7 Jeron Electronic Systems Inc.

12.8 Azure Healthcare Ltd.

12.9 Schrack Seconet AG.

12.10 Intercall Systems Inc.

12 Research Finding and Conclusion

13 Research Methodology

14 Research Data Source

Tables

Figures