According to a new market research study titled ‘Nurse Call Systems Market - Global Analysis and Forecasts by equipment, technology, application, end user’. The global nurse call systems market is expected to reach US$ 2,936.83 Mn in 2027 from US$ 1,252.65 Mn in 2018. The market is estimated to grow with a CAGR of 10.3% from 2019-2027. The report highlights the trends prevalent in the global nurse call systems market and the factors driving the market along with those that act as deterrents to its growth. The market is expected to grow due to rising incidence of Alzheimer’s disease across the region, rising in the support of government in country. In addition, the presence of various market players and rising in the numbers of assisted living centers in the world are likely to contribute the growth of the market. However, factors such as higher costs of the nurse call system and its installation charges are expected to hamper the growth of global nurse call system market.
Global nurse call systems market, based on equipment is segmented into integrated communication systems, button systems, mobile systems and intercom systems. In 2018, the integrated communication system segment held the largest share of the market, by equipment owing to rising incidence of Alzheimer’s disease across the region, rising in the support of government in country. Moreover, this segment of nurse call systems market is also expected to witness growth in its demand at a fastest CAGR of 10.7% during 2019 to 2027.
Some of the prominent players operating in remote patient monitoring devices market 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. The market players are focused towards bringing new and innovative products to sustain their position in the market. For instance, In February 2019, the Critical Alert Systems (CAS) has launched its new enterprise-class software application, CommonPath Enterprise, at HIMSS19 in Orlando. The platform has brought the power and reliability of cloud-computing to patient communications and nurse call.
The report segments the global nurse call systems market as follows:
Global Nurse Call Systems Market – By Equipment
Global Nurse Call Systems Market – By Technology
Global Nurse Call Systems Market – By Application
Global Nurse Call Systems Market – By End User
Global Nurse Call Systems Market – By Geography
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