Market players of Global Nurse Call System Industry:
Market players of global nurse call system industry are Austco Communication Systems Pty Ltd., Honeywell International, Inc., Hill-Rom Holdings, Inc., Ascom Holding AG, Tyco International PLC, CSINC and others.
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Nurse call systems are designed to alert the nurses in case of medical emergency or need for care. These systems are even used to track a patient especially in assisted living or old age centres or are used to give an indication of an event probable in case of ambulatory services.
The drivers of the global nurse call system market are the growing complexity of hospital operations, growing assisted living centres and the concurrent growth in elderly and chronic sick population and others. Technological developments such as advanced coverage of network, growing connectivity, falling cost of devices, negligible cost of scalability of communication in case of expansion and others.
The market constraints of the global nurse call system market are high installation and maintenance costs, concerns of privacy and information due to open nature of the network, lack of awareness and others.
Latest Market Trends:
Wired systems will make way for wireless systems, a trend that is prevalent in all fields of communication technology.
Smart wearable’s are expected to trump manual systems. The developments in automated sensor technology, internet of things and machine learning and others is expected to be the next wave of products.
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To generate a bird’s view, the global nurse call system market is segmented on the basis of instrument, technology, applications and end users.
Based on the type, the market has been segmented as basic buttons alert systems, audio/visual nurse call systems, integrated communication systems, mobile systems, others.
On the basis of technology the market has been segmented as wired systems and wireless systems), application (medical emergency, alarms, workflow management and others.
On the basis of application the market has been classified as medical emergency, alarms, workflow management and others.
On the basis of end user the market has been classified as hospitals and clinics, assisted living centers, ambulatory, and other.
To generate an accurate representation of the differential demand of the market, the report has been segmented into regions of North America, Europe, Asia-Pacific and Middle East and Africa.
North America commands the largest market share due to the presence of well-developed economies of U.S. and Canada. The faster uptake of new technology, presence of large hospitals and high per capita income of the U.S. makes it a dominating force in the global nurse call system market.
Asia Pacific region is anticipated to generate the fastest CAGR growth during the forecast period of 2017-2023 led by Japan, china and India.
The Middle East & African region, is expected to generate moderate growth due to poor social and economic reasons especially in Africa. However the Gulf economies are expected to generate strong spurts of growth due to the faster expansion of healthcare in the region.
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