Nurse Call Systems Market Worth $2.5 Billion by 2024 - Exclusive Report by MarketsandMarkets™

CHICAGO, July 26, 2019 /PRNewswire/ -- According to the new market research report "Nurse Call Systems Market by Type(Button,Integrated Communication System,Intercom,Mobile System),Technology (Wired,Wireless), Application (Alarm & Communication,Workflow Optimization,Fall detector),End User - Global Forecast to 2024", published by MarketsandMarkets™, the Nurse Call Systems Market is projected to reach USD 2.5 billion by 2024 from USD 1.6 billion in 2019, at a CAGR of 9.2% from 2019 to 2024.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=230909048

Growth driven by the ease of communication, diverse applications of nurse call system, and technological advancements. Increasing incidences of Alzheimer's disease and the growing number of assisted living centers are expected to provide a wide range of growth opportunities for players in the market.   

Wired communication is expected to dominate the Nurse Call System Market in 2019.

Based on technology, the market is segmented into wired and wireless communication. In 2019, wired communication technology is expected to account for the largest market share. The advantage offered by the wired communication technology, such as more secure and reliable connections (as opposed to wireless technologies that are affected due to interference and face random signal loss) is driving the growth of this segment. However, with rapid advancements in wireless communication technologies, the demand for wireless nurse call systems is expected to have higher growth in the Nurse Call System Market.

Browse in-depth TOC on "Nurse Call Systems Market"

97 – Tables
25 – Figures
133 – Pages

Alarms & communications segment is expected to dominate the Nurse Call System Market in 2019

Based on application, the Nurse Call Systems Market is segmented into alarms & communications, workflow optimization, wanderer control, and fall detection & prevention. The alarms & communications segment is expected to account for the largest market share in 2019. This can primarily be attributed to their extensive use in critical care settings in hospitals. Additionally, their significant role in streamlining the communication between nurses, patient, and other caregivers, further increasing patient safety and satisfaction is expected to augment market growth.

Hospitals & ASCs segment expected to dominate the Nurse Call System Market in 2019

By end-user, the Nurse Call Systems Market is segmented into hospitals & ambulatory surgery centers (ASCs), long-term care facilities, and clinics & physician offices. In 2019, hospitals are expected to account for the largest share of the market. The large share of this segment can be attributed to factors such as the optimal patient safety, streamlined communication between patients & clinicians, enhanced patient satisfaction, improved quality of care, and increased productivity of caregivers, among others.

Button-based system to dominate the Nurse Call System Market in 2019

The Nurse Call System Market, by type, is segmented into buttons, integrated communication systems, mobile systems, and intercom systems. In 2019, the buttons segment accounted for the largest share of the market. Factors attributing for the large share of this segment include low cost, ease of use, high reliability,  and faster response time.

Get 10% Customization on this Report:

https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=230909048 

North America commanded the largest share of the Nurse Call System Market in 2019.

Based on region, the market is segmented into North America, Europe, the Asia Pacific, and Rest of the World. In 2019, North America commanded the largest share of the market. The large share of this market segment can be attributed majorly to the growing awareness & demand for nurse call systems, strict regulatory norms, improved healthcare infrastructure, and the presence of major manufacturers in the region.

The major players operating in this market are Rauland-Borg Corporation (A division of AMETEK.Inc.) (US), Hill-Rom Holdings, Inc. (US), Ascom Holding AG (Switzerland), Ackermann by Honeywell (Germany), and Jeron Electronic Systems Inc. (US) among others.

Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting

Browse Related Reports:

Clinical Alarm Management Market by Component (Solutions, Services), Product (Nurse Call Systems, Physiological Monitors, EMR Integration Systems), End User (Hospitals, Long-term Care Centers, Ambulatory Care Centers) - Global Forecasts to 2023

Clinical Workflow Solutions Market by Product (Data Integration, EMR Integration, Nurse Call Systems, Unified Communications, Care Solutions, Patient Flow Management, Enterprise Solutions), End Users, and Region - Global Forecast to 2023

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/nurse-call-system-market.asp 
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/nurse-call-system.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg