Nurse call system allows patients in health care settings to alert the nurse if any assistance is required. These are used in assisted living centers & nursing homes, hospitals and others. The nurse call button is equipped with a panic alarm button which when pressed alerts the nursing staff regarding the emergency. Global nurse call systems market was valued at $1.22 billion in 2017 and is expected to reach $2.49 billion by 2025 with a CAGR of 9.30% during the forecast period from 2019-2025. The factors like rapid growth in aging population, rising prevalence of chronic diseases and technological advancement, product development and investments in healthcare are fuelling the market growth. The factors like stringent regulatory environment and high costs involved in the implementation of nurse call systems are hampering the market growth. Developments of complete nurse call system solutions and emerging Asian economies to offer market growth opportunities.
Research Study Objectives:
- Define, estimate, and forecast the Nurse Call Systems market statistics by instrument, technology, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Nurse Call Systems market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Nurse Call Systems Market Analysis report.
- Analysis and conclusions on the future Nurse Call Systems market outlook.
Top-down and bottom-up approaches are used to validate the Nurse Call Systems Market Size and are used to estimate the size of other dependent submarkets. Key players
in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Nurse Call Systems Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Nurse Call Systems market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Nurse Call Systems market segmentation is as follows:
By Instruments
- Mobile Systems
- Intercom Systems
- Integrated Communication Systems
- Buttons
By Technology
- Wireless Systems
- Wired Systems
By Application
- Wanderer Control
- Workflow Support
- Emergency Medical Alarms
- Others
By End User
- Ambulatory Care Centers
- Assisted Living Centers and Nursing Homes
- Hospitals
- Clinics and Physician Offices
- Others
Geographical Analysis:
Nurse Call Systems Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand,
Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Nurse Call Systems Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Nurse Call Systems Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Nurse Call Systems market players, such as
- Rauland-Borg Corporation
- Siemens AG
- Schrack Seconet AG
- Azure Healthcare, Ltd.
- Tektone Sound & Signal Mfg., Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Nurse Call Systems market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.