Global Nurse Call Systems Market Outlook and Forecast 2020-2025 with In-depth Analysis and Data-driven Insights on the Impact of COVID-19 - ResearchAndMarkets.com

The "Nurse Call Systems Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global nurse call systems market by revenue is expected to grow at a CAGR of over 11% during the period 2019-2025.

The global nurse call systems market will grow at an absolute growth of over 91% during the forecast period. The market is growing due to the increasing elderly population, which increases the risk of chronic respiratory diseases, hypertension, CVD, diabetes, and other diseases.

This patient population requires assistance to perform daily activities that have increased the demand for nurse call systems in several healthcare facilities. A nurse calling system ensures the guarantee of services to patients in the ward. Besides, wireless and wired models offer ease product installation in hospitals, prophesized to influence growth. The increasing demand for integrated and diversified platforms with a growing preference for mobility equipment is likely to drive the demand for nurse call systems.

The COVID pandemic has disrupted the healthcare sector globally, with hospitals being overwhelmed due to the increasing influx of patients. Temporary hospitals are set up to deal with increasing disease incidence. However, they lack the basic infrastructure required for facilitating communication between nurses and patients. The increasing need for remote care and the rising influx of COVID-19 have resulted in expanding healthcare infrastructure the demand for better communication systems. Consequently, this market segment is expected to witness significant growth and high adoption during the COVID-19 pandemic.

Global Nurse Call Systems Market Segmentation

The global nurse call systems market research report includes a detailed segmentation by Product, Applications, Technology, End-user, Geography. The global internet protocol (IP)-based systems market is expected to grow at a CAGR of close to 12% in 2019-2025. As IP-based devices offer a slew of benefits, including scalability, convenience, fault tolerance, and archiving, the demand is increasing.

Moreover, with the rise in home healthcare and nursing home facilities, major industry players are focusing on the need for better patient response time, along with eliminating nurse fatigue, which has increased the usage. To differentiate their products, vendors incorporate newer technologies, which is likely to increase the market share.

The alarms & communication segment is likely to grow at a significant rate of over 11% during the period 2019-2025. According to the WHO, over 962 million people aged 60 and above in 2017 worldwide, and the number will reach over 2,080 million in 2050. Hence, the growth in the elderly population has increased hospital admission to treat the population, which is increasing the demand for nurse call systems as this population requires these systems to inform healthcare providers.

As the prevalence of chronic diseases in the adult population is growing, there is an increasing usage of nurse call devices to treat patients. The availability of advanced nurse call devices enables the safest, most secure environment possible while simultaneously promoting the patient's dignity and the quality of life, boosting the nurse call systems market.

In 2019, the wired communication equipment segment dominated the market. Industry players are offering integrated solutions, wherein the data saved on the monitor screen is a summation of the readings from different systems. Hospitals are expanding their facilities to provide real-time information by incorporating technology-updated systems. Wired systems are the traditional used in several healthcare facilities to inform nurses and other care providers about the patient's requirement. Moreover, in emerging countries and LMICs, there is increasing usage of wired nurse call devices in healthcare facilities, which is boosting the market growth.

In 2019, the hospital segment accounted for the largest share of the nurse call systems market, which can be attributed to optimal patient safety and increased productivity of caregivers. The growth of hospitals and ambulatory care setting segments can further be attributed to streamlined communication between patients and clinicians, enhanced patient satisfaction, improved quality of care, and increased productivity of caregivers.

Long-term care facilities are expected to grow at a faster growth rate due to the rise in the elderly population. These assisted living facilities are anticipated to be the fastest developing segment during the forecast period owing to the increase in the number of senior care services and growth in nursing homes.

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope Of The Study

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Overview

8 Market Opportunities & Trends

8.1 Upsurge In Covid-19

8.2 Growing Demand For Wireless Nurse Call System

8.3 Increasing Demand For Nurse Call Systems In LMICS

9 Market Growth Enablers

9.1 Shifting End-User Interests Toward Efficient And Responsive Healthcare Communication

9.2 Growing Patient Population Coupled With Increasing Need For Digital Healthcare

9.3 Tecnology Advancements

9.4 Ease Of Communication & Diverse Applications Of Nurse Call Systems

10 Market Restraints

10.1 Limitations Associated With Nurse Call Systems

10.2 Stringent Government Regulations Coupled With Introduction Of Real Time Communication & Collaboration Solutions

11 Market Landscape

11.1 Market Overview

11.2 Market Size & Forecast

11.3 Five Forces Analysis

12 Product

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Basic Button-Based Systems

12.4 Internet Protocol (IP)-Based Systems

12.5 Mobile Systems

12.6 Intercom Systems

13 Technology

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.3 Wired

13.4 Wireless

14 Application

14.1 Market Snapshot & Growth Engine

14.2 Market Overview

14.3 Alarms & Communications

14.4 Workflow Optimization

14.5 Wanderer Control

14.6 Fall Detection & Prevention

15 End-User

15.1 Market Snapshot & Growth Engine

15.2 Market Overview

15.3 Hospitals

15.4 Long-Term Care Facilities

15.5 Ambulatory Care Settings

16 Geography

16.1 Market Snapshot & Growth Engine

16.2 Geographic Overview

Competitive Landscape

Prominent Vendors

• Hill-Rom
• Ascom
• Cornell Communications
• Azure Healthcare
• AMETEK

Other Prominent Vendors

• SchrackSeconet
• Intercall Systems
• IgeaCare
• Alpha Communications
• Wireless NurseCall Systems
• STANLEY Healthcare's
• West-Com Nurse Call Systems
• Critical Alert
• BEC Integrated Solutions
• Fujian Huanyutong Technology
• Vigil Health Solutions
• Koninklijke Philips

For more information about this report visit https://www.researchandmarkets.com/r/ut8260

View source version on businesswire.com: https://www.businesswire.com/news/home/20201113005360/en/