Nurse Call Systems Market worth 1.75 Bn USD by 2021

Tuesday 27 September 2016, Amsterdam

The report, now available on ASDReports, "Nurse Call Systems Market by Instrument (Buttons, Integrated Communication Systems, Intercom Systems, Mobile Systems), Technology (Wired Systems and Wireless Systems), Application (Emergency Medical Alarms, Workflow Support, Wanderer Control, and Other Applications), End User (Hospitals, Assisted Living Centers and Nursing Homes, Clinics and Physician Offices, Ambulatory Service Centers, and Other End Users) - Global Forecast to 2021", The report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the nurse call systems market, along with revenue estimates & forecasts and market share analysis.

The global nurse call systems market is expected to reach USD 1.75 Billion by 2021 from USD 1.12 Billion in 2016, at a CAGR of 9.3% from 2016 to 2021. Aging population and rising prevalence of chronic diseases, new product launches, technological advancements, and increasing healthcare expenditure are some major factors driving the growth of the nurse call systems market.

This report segments the nurse call systems market based on instruments, technologies, applications, end users, and regions.

On the basis of instruments, the nurse call systems market is segmented into buttons, integrated communication systems, mobile systems, and intercom systems. Integrated communication systems segment is expected to account for the largest share of the market in the forecast period owing to increasing number of hospitals integrated with these systems and new product launches.

On the basis of technologies, the nurse call systems market is segmented into wired systems and wireless systems. The wired systems is expected to account for the largest share of the global nurse call systems market owing to low-cost and speed of transmission of wired communication.

On the basis of end users, the nurse call systems market includes hospitals, assisted living centers & nursing homes, clinics & physician offices, ambulatory care centers and other end users. The hospitals segment is expected to account for the largest share of the global nurse call systems market in 2016. Increasing geriatric population and the increasing number of private and public hospitals, especially in emerging countries are the major factors driving the growth of this market.

On the basis of applications, the nurse call systems nurse call system market is segmented into emergency medical alarms, wanderer control, workflow support, and others applications. The emergency medical alarm segment is expected to account for the largest share of the market during the forecast period. Growth in this segment is driven by new product launches.

On the basis of regions, the global nurse call systems market is segmented into North America, Europe, Asia, and RoW. Asia is expected to account for the highest CAGR during the forecast period. Growth in this regional segment is driven by the factors such as increasing diabetes prevalence and growing geriatric population.

The key players in the nurse call systems market include by Ascom Holding AG (Switzerland), Hill-Rom Holdings, Inc. (U.S.), Tyco International PLC (U.S.), Honeywell International, Inc. (U.S.), and Rauland-Borg Corporation (U.S.).