Nurse Call Systems Market Forecast to 2031: Global Analysis

Our latest research on the Nurse Call Systems Market indicates a promising growth trajectory, with projections estimating an increase from US$ 1.97 billion in 2023 to US$ 4.65 billion by 2031. This growth represents a compound annual growth rate (CAGR) of 11.3% during the period from 2023 to 2031. Several factors are driving this expansion, including the rising number of assisted living facilities, innovative advancements by industry players, and the growing prevalence of Alzheimer?s disease. However, the high installation costs associated with nurse call systems pose a challenge to market growth. On the other hand, the integration of artificial intelligence, machine learning, and wireless technologies is anticipated to introduce new trends in the nurse call systems market in the near future.

Regional Insights: North America Dominates

In 2023, North America held a significant share of the global nurse call systems market. The analysis of this market segment focuses on three key countries: the United States, Canada, and Mexico. The United States stands out as the largest contributor to the market within the region. The growth in the US market is fueled by the increasing incidence of Alzheimer?s disease, the expanding presence of various market players, and a rise in the number of assisted living centers nationwide. Meanwhile, Canada and Mexico are witnessing a surge in awareness initiatives aimed at addressing dementia, which is expected to escalate in prevalence. Additionally, the growth of medical tourism in Mexico is likely to further stimulate the nurse call systems market in the region throughout the forecast period.

The increasing life expectancy and the trend of nuclear family structures have made it challenging to provide high-quality care for the elderly. Consequently, there has been a notable rise in the establishment of assisted living and skilled nursing facilities. The escalating rates of Alzheimer?s and dementia in the US are projected to significantly enhance the demand for nurse call systems. Furthermore, the growing elderly population and the presence of leading market players in the US are additional factors driving market growth. According to the Alzheimer?s Association, approximately 5.8 million individuals in the US were living with Alzheimer?s in 2019, a figure expected to soar to 14 million by 2050. The financial burden of care for Alzheimer?s patients is also on the rise, with costs estimated at US$ 290 billion in 2019, projected to escalate to US$ 1.1 trillion by 2050. The Population Reference Bureau forecasts that the number of Americans aged 65 and older will increase from 58 million in 2022 to 82 million by 2050, representing a 47% growth.

Key players in the US market include West-Com Nurse Call System, Inc., Amplion, Cornell Communications, and Tyco SimplexGrinnell, among others. These companies are focused on developing advanced technology solutions that enhance service delivery. For instance, Amplion?s Alert system tracks real-time patient activity, ensuring comprehensive documentation of care processes.

Emerging Markets: Opportunities Ahead

Emerging economies in the Asia Pacific, Middle East, and Latin America are making substantial investments in healthcare infrastructure. Governments in these regions are implementing reforms and initiatives aimed at improving access to quality healthcare. For example, India?s Ayushman Bharat Health Infrastructure Mission is a significant initiative aimed at strengthening healthcare infrastructure, reflecting the country?s commitment to health and wellness. The India Investment Grid has identified over 1,157 investment projects worth US$ 31.28 billion in the healthcare sector across various states.

Similarly, the Saudi Arabian government plans to invest more than US$ 65 billion under its Vision 2030 initiative to enhance healthcare infrastructure, reorganize health services, and expand e-health services. The goal is to increase the private sector's contribution to healthcare from 40% to 65% by 2030, which includes the privatization of numerous hospitals and health centers, creating significant opportunities for international companies in the developing healthcare market.

Impact of Alzheimer?s Disease on Nurse Call Systems Demand

Alzheimer?s disease, a progressive form of dementia, leads to memory loss and cognitive decline, placing patients at a heightened risk of falls and wandering in care facilities. Nurse call systems play a crucial role in alerting staff promptly when a patient falls or attempts to leave a designated area, facilitating immediate intervention. Alzheimer?s disease ranks among the top six causes of death in the US. According to the Alzheimer?s Association, approximately 6.9 million Americans were living with Alzheimer?s in 2024, with projections suggesting this number could reach 13 million by 2050. The mortality rate associated with Alzheimer?s has doubled from 2000 to 2021, with health and long-term care costs for dementia patients expected to reach US$ 360 billion in 2024 and nearly US$ 1 trillion by 2050.

In Canada, the Alzheimer Society reported that 733,040 individuals were living with dementia in January 2024, with projections indicating this number could rise to 1.7 million by 2050. Furthermore, Alzheimer?s Research UK estimates that around 982,000 people in the UK are living with dementia, with expectations of reaching 1.4 million by 2040. This alarming increase in Alzheimer?s cases is driving the demand for nurse call systems in healthcare settings.

Competitive Landscape and Key Players

Key companies in the nurse call systems market include Ascom Holding AG, Honeywell International Inc, Siemens AG, Ametek Inc, Austco Communication Systems Pty Ltd, Intercall Systems Inc., Schrack Seconet AG, TigerConnect, Securitas AB, and Baxter International Inc. These companies are at the forefront of innovation in the nurse call systems market.

The data for this market report was compiled from various primary and secondary sources, including the US Food and Drug Administration, Centers for Disease Control and Prevention (CDC), and the United Nations Fund for Population Activities.