Nurse Call Systems Market Research Report, Market Size, Industry Analysis, Share, Growth, Opportunities, Business Expansion, Forecast to 2025


Posted April 18, 2022 by Prachi001

The global nurse call system market is projected to reach USD 2.7 billion by 2025 from USD 1.7 billion in 2020, growing at a CAGR of 9.4% from 2020 to 2025.
 
This report aims to provide detailed insights into the global Nurse Call Systems Market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.

Expected Revenue Growth:
The global nurse call system market is projected to reach USD 2.7 billion by 2025 from USD 1.7 billion in 2020, growing at a CAGR of 9.4% from 2020 to 2025.

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Key Factors Driving Market Growth:
Nurse call systems play a major role in effective communication in healthcare facilities. These systems enable streamlined, customized communication among patients, clinicians, and caregivers to enhance patient satisfaction and improve the quality of care. Owing to these advantages, nurse call systems have become an integral part of a hospital’s communication system.
RESTRAINT: High costs involved in the implementation of nurse call systems
The effectiveness of a nurse call system is dependent on the hardware, software, and staff training levels in a healthcare facility. As a result, for the effective implementation and use of nurse call systems, end users have to invest heavily in these areas. Also, cost-benefit analysis plays an important role in the design, development, and deployment of a successful nurse call system implementation strategy.

OPPORTUNITY: Emerging countries
Emerging countries such as India, China, Brazil, Russia, and several countries in Latin America and Southeast Asia are expected to offer significant growth opportunities to players operating in the nurse call systems market during the forecast period. The growing focus on improving the quality of hospital care and healthcare infrastructure in these countries is one of the major factors driving the demand and adoption of nurse call systems in their respective healthcare infrastructures.
North America commanded the largest share of the nurse call systems market in 2019.
Based on region, the nurse call systems market is segmented into North America, Europe, the Asia Pacific, and Rest of the World. In 2019, North America commanded the largest share of the nurse call systems market. The large share of this market segment can be attributed majorly to the growing awareness & demand for nurse call systems, strict regulatory norms, improved healthcare infrastructure, and the presence of major manufacturers in the region.

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The major players operating in this market are Rauland-Borg Corporation (A division of AMETEK.Inc.) (US), Hill-Rom Holdings, Inc. (US), Ascom (Switzerland), Ackermann by Honeywell (Germany), and Jeron Electronic Systems Inc. (US) among others.

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Issued By marketsandmarkets
Country India
Categories Health , Industry , Web Development
Tags nurse call systems , nurse call systems market , nurse call systems market size share
Last Updated April 18, 2022