Internet Protocol Based Nurse Call System Segment to Boost the Global Nurse Call Systems Market during 2017-2025


Posted September 19, 2017 by markengine

The factors contributing to the growth of Nurse Call System market are a rising budget for the healthcare sector in developing and developed economies, occurrence of critical diseases, technological advancements and increasing elderly population.
 
With healthy CAGR of 10.9%, the global nurse call systems market is expected to grow significantly in the projected period of eight years, i.e. 2017-2025. According to a new research report titled “Nurse Call Systems Market: Global Industry Analysis & Forecast 2017-2025” that has been added to the database of Market Research Reports Search Engine, the worldwide market for nurse call systems is likely to be valued at about US$ 2.7 Bn towards 2025 end. Some of the factors contributing to the growth of this market are a rising budget for the healthcare sector in developing and developed economies, occurrence of critical diseases, technological advancements and increasing elderly population. On the contrary, stringent government regulations, costly implementation and dearth of skilled and qualified professionals in critical sectors like IT and healthcare are some of the obstacles that are limiting the growth of the global market for nurse call systems.    

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Global Nurse Call Systems Market: Segmental Analysis

This market is segmented by communication technology, type of equipment, geography and end user. The type of equipment is further segmented into various sub-segments such as IP based nurse call systems, nurse call mobile systems, and nurse call intercoms. Due to its flexibility, IP based nurse call systems can be installed phase wise and this particular feature is responsible for the rising demand in this segment. Eventually the increasing demand in this segment is also contributing to the growth of the global market. One of the best examples of this is – a hospital authority in North America purchased an order from Azure Healthcare Ltd for more than US$ 1 Mn for supplying a nurse call system based on IP.

On the basis of communication technology, this market is segmented into wired communication and wireless communication. Due to several mandates and regulations from the government regarding wired infrastructure while setting of acute care coupled with traditional wired systems deployment, the wired communication segment is expected to register remarkable growth during the assessed period. The end user segment consists of clinics, assisted living centers, hospitals and nursing homes. Among these segments, the hospital segment is anticipated to witness more demand in the worldwide market for nurse call systems. 

Global Nurse Call Systems Market: Geographical Analysis

The regions that are covered in this research report are – Latin America, North America, Middle East and Africa, Europe and Asia Pacific. In 2016, North America held the dominant position in the global nurse call systems market and the region is expected to lead the global market in the years to come. In terms of CAGR, Asia Pacific will develop at a remarkable 
CAGR during 2017-2025. Rising awareness about IP based nurse call systems, better and improving health facilities and skilled nursing staff are some of the factors creating a positive impact on the global nurse call systems market.

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Global Nurse Call Systems Market: Competitive Landscape

These are the list of the companies presently functioning in the worldwide market for nurse call systems, which have been featured in this report – Hill-Rom Holdings, Inc., Jeron Electronic Systems, Inc., Rauland-Borg Corporation, Azure Healthcare Ltd., STANLEY Healthcare, Ascom Holding AG, Vigil Health Solutions, Inc., and TekTone Sound & Signal Mfg., Inc., Tyco SimplexGrinnell, Cornell Communications.

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Categories Health , Medical
Tags cornell communications , healthcare it , jeron electronic systems
Last Updated September 19, 2017