The nurse call systems market was valued at US$ 1,342.70 million in 2019 and is projected to reach US$ 3,243.34 million by 2027; it is expected to grow at a CAGR of 11.5% from 2020 to 2027.
The nurse call systems market was valued at US$ 1,342.70 million in 2019 and is projected to reach US$ 3,243.34 million by 2027; it is expected to grow at a CAGR of 11.5% from 2020 to 2027.
Nurse call systems are configured to alert nurses in the event of a medical emergency or a need for treatment. These systems are configured as a single mode of contact between nurses and patients, where the patient presses a button that activates a call light and produces a sound at the nurse’s desk. These systems are also used to monitor a patient, particularly in an old age center or assisted living center, to give an indication of an event—probable in case of ambulatory services.
The scope of the nurse call systems market includes equipment, technology, application, end user, and geography. The nurse call systems market is analyzed based on regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. The report offers insights and in-depth analysis of the nurse call systems market emphasizing on various parameters, such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world.
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Nurse call systems market Segmentation:
- Based on equipment, the nurse call systems market is divided into mobile systems, integrated communication systems, button systems, and intercom systems. In 2019, the integrated communication systems segment held the largest share of the market, by equipment.
- These devices are capable of streamlining communication by connecting advanced wireless technologies to conventional instruments, such as nurse call stations and nurse consoles, as well as enhancing the portability of faster communication between caregivers and patients in healthcare facilities.
- In terms of technology, the nurse call systems market is segmented into wireless systems and wired systems. In 2019, the wired systems segment held the largest share of the market, by technology. Moreover, the wireless systems segment is likely to grow at a high CAGR during the forecast period owing to the advantages offered by it.
- Based on application, the market is segmented into wanderer control, workflow support, emergency medical alarms, and others. In 2019, the emergency medical alarms segment held the largest share of the market, by application. In addition, the emergency medical alarm segment is also expected to see the highest growth from 2020 to 2027, as emergency medical alarms help nurses to communicate faster by creating real-time warnings and minimal-time response monitoring, as well as providing two-way communication. In addition, emergency alarms also increase job efficiency and help minimize healthcare costs.
- Key market players in the nurse call systems include Ascom Holding AG, Siemens, Honeywell International Inc., STANLEY Healthcare, Austco Healthcare Limited, Hill Rom Services Inc., Intercall Systems, Schrack Seconet AG, Critical Alert Systems, and Rauland.
Nurse call systems facilitate highly reliable and flexible communication between patients and nurses. Rise in number of patients in healthcare facilities and adoption of new and better ways to scale the communication, workflow, and management for achieving quality patient care are expected to support the growth of the nurse call systems market. The market is majorly driven by changes or shifting trends in technology, which has enabled the players to develop innovative systems. The shift in this technology has also provided an aim to the market players to improve their products. The innovative products assist in providing better results and to live better life. The industry is consolidated with numerous market players engaged in various growth activities in the nurse call systems market.
The COVID-19 pandemic is estimated to have a significant impact on the nurse call systems market. Growing need for healthcare services and increasing influx of COVID-19 cases have expanded healthcare infrastructure, and for improved communication between physicians, nurses, and patients, the demand for better communication systems—such as nurse call systems—is rising. The nurse call systems market is anticipated to show strong growth in the US as it is among the worst affected countries.
Growing Number of Assisted Living Centers
Assisted living centers or assisted living facilities typically support individuals who need assistance with their day-to-day activities and health-related services. These centers or communities are a mix of freedom, companionship, anonymity, protection and home-like premises. The increase in Alzheimer’s disease is contributing to an increase in aided living facilities with nearly 289,000 assisted living centers with approximately 1 million registered beds in the US alone.
Approximately 42% of assisted living centers operate independently and rest of the entities in the US are with two or more communities working together. The cost of treatment is comparatively lower than the overall cost of homemaker services. The total cost per year is approximately US$ 48,000, while the homemaker service cost is US$ 48,048 or around US$ 50,336. Many assisted living facilities use some form of private funds to pay for care services.
The benefits that are provided by these centers is higher level of care as every center or the community is different. Some of the centers cost less and some have diverse culture which makes people socialize and behave more friendly with each other. Therefore, it is expected that increasing incidence of diseases would contribute to the demand for the nurse call systems in these care centers.
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