The
global market for nurse call systems, in terms of revenue, was valued
at US$ 598.5 Mn in 2013 and is forecast to grow at a CAGR of 13.9%
during the period 2014 to 2020. The increasing demand for effective
healthcare communications and rising budget allocation for healthcare
services for elderly population are some key factors driving the
growth of global nurse call systems market. In addition, increasing
applications of nurse call systems in assisted living facilities are
further expected to drive the growth of this market over the forecast
period.
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Based
on equipment type, the nurse call integrated communication systems
market held the largest share of around 75% in terms of revenue in
2013. Other equipment types namely, nurse call buttons, nurse call
intercoms, and nurse call mobile systems are expected to grow at a
significant rate during the period 2014 to 2020. Factors such as
increasing penetration of mobile systems and rising need for higher
mobility and flexibility are expected to drive the growth of nurse
call mobile systems market.
By
end-use, hospitals held the largest share of nearly 74% of the
overall nurse call systems market in terms of revenue in 2013. With
the increasing adoption of nurse call integrated communication
systems, substantial amount of revenue is generated in the acute care
segment in the overall nurse call systems market. Moreover,
incorporation of advanced technologies such as real-time location
systems (RTLS) and electronic medical records (EMR) has enabled nurse
call system providers to offer a comprehensive healthcare
communication solution. Increasing demand for higher flexibility and
mobility has led to the increasing adoption of nurse call mobile
systems across various healthcare settings.
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Developed
markets including North America and Europe led the global nurse call
systems market in 2013. North America held the largest share of about
38% in 2013 of the overall nurse call systems market due to
significant adoption by both acute care and assisted living
facilities. With the increasing adoption of nurse call systems in
various healthcare settings in the region, the market in Asia Pacific
is expected to be the fastest growing during the forecast period. On
account of increasing demand from countries such as China, India,
Japan and Singapore, the Asia Pacific nurse call systems market is
expected to grow at a CAGR of 17.6% during the forecast period 2014
to 2020. Furthermore, the rapidly emerging assisted living segment in
Asia Pacific through wireless solutions is anticipated to be the key
to gaining significant market share in the region during the forecast
period.
The
global nurse call systems market comprises numerous players offering
various nurse call solutions. With the increasing demand for enhanced
mobility and flexibility, key players offer a wide range of nurse
call systems solutions to fit specific customer requirements. The key
players in the nurse call systems market include Rauland-Borg
Corporation, Hill-Rom Holdings, Inc., Ascom Holding AG, Azure
Healthcare Limited, Stanley Healthcare, Tyco SimplexGrinnell, Cornell
Communications, Inc., Jeron Electronic Systems, Inc., TekTone Sound &
Signal Mfg., Inc., Vigil Health Solutions, Inc. and Critical Alert
Systems LLC.
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The
global nurse call systems market is categorized into the following
segments:
Nurse
Call Systems Market, by Equipment Type
- Nurse Call Buttons
- Nurse Call Intercoms
- Nurse Call Mobile Systems
- Nurse Call Integrated Communication Systems
Nurse
Call Systems Market, by Communication Technology
- Wired Communication Equipment
- Wireless Communication Equipment
Nurse
Call Systems Market, by End-use
- Hospitals
- OPD Clinics
- Assisted Living Centers
- Ambulatory Services
Nurse
Call Systems Market, by Geography
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
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