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Nurse Call System Market worth over $3.4bn by 2027
Published Date: November 1, 2021Nurse Call System Market size is set to surpass USD 3.4 billion by 2027, according to a new research report by Global Market Insights Inc.
Several benefits provided by the nurse call systems have largely encouraged the demand and adoption rate of nurse call equipment. These systems are highly favored in senior care facilities attributed to the ability of these systems to simplify the process while allowing the patient to stay independent, reduce the requirement for in-home care, and deliver user-friendly service among others.
In emergency conditions, these system assists medical professionals to have an accurate alert and also displays the room and bed number that makes things easier for the staff. Nurse call equipment is becoming highly significant in healthcare facilities owing to support the caregiver to know if immediate attention is required and can send real-time patient data to nurses. This information is vital for healthcare staff to monitor prominent variations in heart rate or body temperature consistently.
Technological advancements in nurse call systems to stimulate the market growth
Several market players are emphasizing on the development of technologically advanced nurse call systems attributed to the increasing hospital admissions, surging awareness pertaining to chronic disease diagnosis & treatments, etc. The recent advancements in the nurse call systems are expected to offer a better and safer option in delivering excellent patient care. For instance, the VisionLink nurse call equipment can be combined with any current patient technology system already implanted within a healthcare facility. Such integration further surges the efficiency of any facility comprising hospitals, clinics, and homecare settings due to its enhanced features and functions. Internet protocol (IP) technology improves patient satisfaction by providing numerous benefits such as automatic escalation for prioritizing emergency tasks and a broad range of peripherals to meet different requirements.
Growing demand for wired nurse call systems to ease communication will fuel the market expansion
The wired communication equipment segment in the nurse call system market was valued at USD 896 million in 2020. Wired nurse call systems provide several advantages such as less maintenance, offer longer service life, and deliver high functionality among others. Further, it allows healthcare staff to work as efficiently as possible in an affordable manner. Wired communication system equipped with unique multimedia handset allows making calls, operating TV & lights. Several companies are also emphasizing and investing on development of innovative wired communication equipment. Integrated user-friendly software facilitates ergonomic design with touch screen or LED screen.
Browse key industry insights spread across 200 pages with 236 market data tables & 17 figures & charts from the report, “Nurse Call System Market Size By Technology (Wired Communication Equipment, Wireless Communication Equipment), By Product (Button Systems, Mobile Systems, Intercom Systems, Integrated Communication Systems), By Application (Fall Detection & Prevention, Workflow Support, Wanderer Control, Alarms & Communications), By End-use (Hospitals, Nursing and Assisted Living Centers, Home Care Settings), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/nurse-call-system-market
Rising investment by the business participants to design advance and effective mobile nurse call systems to spur the market revenue
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The mobile systems segment held around 24% of the market share in 2020 led by the increasing demand for mobile nurse call equipment in healthcare facilities to ease communication. These mobile systems are an innovative nurse call solution that ensures optimum patient care and enhances response times to serious patient events. A mobile app allows transferring locations in case of emergency and locating hospital staff. A seamless mobile nurse call systems aid events to be tracked constantly through programmed call distribution to numerous nurse stations that can be further optimized.
Increasing demand for advanced nurse call systems in fall detection & prevention will propel the nurse call system market value
The fall detection & prevention segment crossed USD 270 million in 2020 impelled by the growing incidence of falls in hospitals, particularly among elderly patients. As per the Agency for Healthcare Research and Quality, around 700,000 to 1 million hospitalized patients fall annually. Several companies operating in the market offer wireless fall alarm transmitters that automatically distribute fall alarm alerts to nurse in case a patient falls anywhere.
Moreover, healthcare facilities such as hospitals and clinics in several nations are focusing to implement highly specialized nurse call solutions for fall prevention and detection. Innovative nurse call equipment such as bed monitor, chair monitor, the motion detector can automatically distribute the patient’s name and location to the caregiver if the resident falls or leaves a monitored area.
Emerging number of homecare settings implementing nurse call systems to accelerate the market demand
The home care settings segment is anticipated to reach USD 153 million by 2027 owing to the comfort of homecare, preference for individual care, and fast improvement in overall health, etc. Nurse call system technology is increasingly playing a more important role in improving care quality in homecare settings. Different technological systems accessible to patients in homecare settings have highly enhanced the level of care that is available to them. In homecare settings, these systems deliver adequate, attentive, and efficient care, thereby helping to improve their recovery rate.
Growing geriatric population in Germany will influence the industry growth
Germany nurse call system market will account for over USD 189 million by 2027 due to the increasing geriatric population, growing patient awareness, adoption of technology, rise in the number of hospitals, etc. Germany is presently one of only five super-aged societies across the globe. As per the recently published article, around 2,000 hospitals are operating in Germany. This augments the requirement for technologies comprising nurse call equipment that makes Germany a significant market opportunity for players targeting the geriatric care services. Further, favorable healthcare policies in the country will positively impact industry expansion during the forecasted period.
Players are emphasizing on strategic initiatives and innovative product launch to expand business operations
Some of the major companies operating in the market are Hillrom Services Inc., Honeywell International Inc., Stanley Healthcare, Rauland-Borg Corporation, and Ascom Group. These prominent industry leaders are implementing various strategies such as product launch and commercialization, collaborations, and geographical expansions to channelize revenue growth.