Tag Archives: Nurse Call Systems Market

Nurse Call Systems Market: Market Breakdown & Data Triangulation

Global Nurse Call Systems Market: Snapshot

The increasing technological advancements in the field of nurse call systems, along with rising awareness about their availability, are expected to broaden the prospects of the nurse call systems market. As per the findings of the U.S. Department of Health and Human Services, approximately 60% of the nursing staff in the U.S was aged 50 years or above in 2012. This conveys the imperative need for effective communication systems, as these systems save time and efforts, thereby increasing responsiveness and efficiency of nursing activities.

Factors such as increasing geriatric population across the globe, decreasing fertility rates, and declining mortality rate are some of the key market drivers. Furthermore, the necessity for more efficient and responsive healthcare communication systems is felt worldwide, contributing towards market expansion. The increasing budget allocation for healthcare of the aged population is also likely to boost growth. On the other hand, the market might face restrictions on account of stringent regulatory policies pertaining to the approval of these systems. However, the global nurse call systems will continue to flourish because of technological advancements in the information and communication technology (ICT) sector.

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Expanding at a CAGR of 13.9% during the forecast period of 2014 to 2020, the global market for nurse call systems is projected to attain a revenue worth US$1.5 bn by the end of 2020.

Significant Growth Opportunities Presented by Emerging Economies

Based on geography, the global market for nurse call systems is broadly categorized into Europe, Asia Pacific, North America, and the Rest of the World (RoW). North America leads the global market for nurse call systems in terms of revenue because of their extensive deployment in the healthcare sector. This regional market is projected to grow at a CAGR of 14.4% between 2014 and 2020, reaching US$622.0 mn by the end of the forecast period. Europe comes in second, closely followed by Asia Pacific. Demographic changes in Europe, along with increased adoption of nurse call systems in healthcare, are the key growth drivers of this regional market.

Asia Pacific is slated to present expansive opportunities over the next few years. The countries of Japan, New Zealand, Australia, and Singapore are somewhat saturated, whereas China and India promise greater expansion. These emerging markets are driven by factors such as emergence of numerous local solution providers, coupled with the unmet needs of the increasing geriatric population in these nations. The regions of Africa and Latin America are also projected to display substantial growth.

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Wireless Communication Equipment to Witness Upsurge in Demand

The global nurse call systems market is segmented on the basis of equipment, end user, communication technology, and geography. By end use, the market is segmented into OPD clinics, hospitals, ambulatory services, and assisted living centers. Nurse call mobile systems, nurse call buttons, nurse call intercoms, and nurse call integrated communication systems are the key segments by equipment type. On the basis of communication technology, wired and wireless communication equipment are the two major segments. Of these, wired communication systems form the leading segment. However, wireless nurse call communication systems are expected to witness significant growth. The rising demand for wireless nurse call communication systems can be attributed to the greater amount of flexibility and mobility they offer.

Some of the major companies operating in the global market for nurse call systems are Azure Healthcare Limited, Vigil Health Solutions, Inc., Rauland-Borg Corporation, Stanley Healthcare Solutions, Cornell Communications, Inc., Critical Alert Systems LLC, TekTone Sound & Signal Mfg., Hill-Rom Holdings, Inc., Jeron Electronisc Systems, and Ascom Holding AG.

 

Need to Modernize Healthcare Services Heightens Demand for Nurse Call Systems

Unlike other nursing technologies that have made great strides over the decades, nurse call systems have largely remained the same since their inception in 1860. However, recent technological advancements have resulted in a leap from primitive nurse call system to sophisticated wireless nurse call system. From its simplistic model that involved a bedside button for the patient to summon the nurse, technology is revolutionizing the way patient care functions to match with the times.

With information and communication technology forming an integral part of healthcare services, nurse call systems have taken a new form and shape for improving the quality of communication between patients and nurses. In particular, technology-driven nurse call systems are of immense significance in the event of an emergency, as explained in a new report by Transparency Market Research. On account of the aforementioned factors, the global nurse call systems market is expected to display a CAGR of 13.90% from 2014 to 2020.

Read Full Report: http://www.transparencymarketresearch.com/nurse-call-system-equipment-market.html

Demand for High-quality Patient Care Necessitates Installation of Nurse Call Systems

“An increasing geriatric population across the world is a major factor driving the global nurse call systems market,” says a TMR analyst. This is because this population is susceptible to illnesses and may require hospitalization for dedicated care. The use of nurse call systems for the geriatric population ensures that the patient can raise an alert at the nurse’s station to deliver timely care. This, in turn, allows healthcare organizations to attain seamless communication and streamline nursing activities.

The increasing budget allocation for healthcare of the elderly population is also significantly contributing to the growth of this market. With an increase in the median age of the global population, several countries are focused on providing improved healthcare. Factors such as increasing dependency ratio and the retirement of baby boomers have necessitated the availability of quality healthcare services for aged population.

The increasing need for effective and responsive healthcare communication is another significant factor driving the global nurse call systems market. This is because nursing staff need to be watchful and responsive to provide high quality of healthcare and to ensure patient safety.

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“Government regulations in place for the manufacture and distribution of nurse call systems is major impediment to the growth of this market”, says TMR analyst. As per the recent amends by the International Medical Device Regulators Forum (IMDRF), nurse call systems would be included in the category of medical devices. This necessitates nurse call systems to be clinically audited, regulated, and certified.

The IMDRF amend also requires that the software within medical devices need to satisfy medical grade ISO 9000 quality control specifications.

Hospitals Represent Largest End-use Segment

The global nurse call systems market is expected to be worth US$1.57 bn by 2020. Nurse call integrated communication systems is the leading segment of the market on the basis of equipment type; the segment held almost 75% of the overall market in 2013. Nurse call mobile systems equipment type is expected to display significant demand in the foreseeable years. Wired nurse call communication equipment is the largest segment of the market on the basis of communication technology. Hospitals is the largest end-use segment of the nurse call systems market.

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The information presented in this review is based on a Transparency Market Research report, titled “Nurse Call Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.”

 

Nurse Call Systems Market: Nurse Call Mobile Systems Gain Dominant Market Share, Market to Register 13.90% CAGR 2014-2020

Unlike other nursing technologies that have made great strides over the decades, nurse call systems have largely remained the same since their inception in 1860. However, recent technological advancements have resulted in a leap from primitive nurse call system to sophisticated wireless nurse call system. From its simplistic model that involved a bedside button for the patient to summon the nurse, technology is revolutionizing the way patient care functions to match with the times.

With information and communication technology forming an integral part of healthcare services, nurse call systems have taken a new form and shape for improving the quality of communication between patients and nurses. In particular, technology-driven nurse call systems are of immense significance in the event of an emergency, as explained in a new report by Transparency Market Research. On account of the aforementioned factors, the global nurse call systems market is expected to display a CAGR of 13.90% from 2014 to 2020.

Read Full Report: http://www.transparencymarketresearch.com/nurse-call-system-equipment-market.html

Demand for High-quality Patient Care Necessitates Installation of Nurse Call Systems

“An increasing geriatric population across the world is a major factor driving the global nurse call systems market,” says a TMR analyst. This is because this population is susceptible to illnesses and may require hospitalization for dedicated care. The use of nurse call systems for the geriatric population ensures that the patient can raise an alert at the nurse’s station to deliver timely care. This, in turn, allows healthcare organizations to attain seamless communication and streamline nursing activities.

The increasing budget allocation for healthcare of the elderly population is also significantly contributing to the growth of this market. With an increase in the median age of the global population, several countries are focused on providing improved healthcare. Factors such as increasing dependency ratio and the retirement of baby boomers have necessitated the availability of quality healthcare services for aged population.

The increasing need for effective and responsive healthcare communication is another significant factor driving the global nurse call systems market. This is because nursing staff need to be watchful and responsive to provide high quality of healthcare and to ensure patient safety.

Download exclusive Sample of this Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2173

“Government regulations in place for the manufacture and distribution of nurse call systems is major impediment to the growth of this market”, says TMR analyst. As per the recent amends by the International Medical Device Regulators Forum (IMDRF), nurse call systems would be included in the category of medical devices. This necessitates nurse call systems to be clinically audited, regulated, and certified.

The IMDRF amend also requires that the software within medical devices need to satisfy medical grade ISO 9000 quality control specifications.

Hospitals Represent Largest End-use Segment

The global nurse call systems market is expected to be worth US$1.57 bn by 2020. Nurse call integrated communication systems is the leading segment of the market on the basis of equipment type; the segment held almost 75% of the overall market in 2013. Nurse call mobile systems equipment type is expected to display significant demand in the foreseeable years. Wired nurse call communication equipment is the largest segment of the market on the basis of communication technology. Hospitals is the largest end-use segment of the nurse call systems market.

Brochure Download: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2173

The information presented in this review is based on a Transparency Market Research report, titled “Nurse Call Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.”

Nurse Call Systems Equipments Industry Outlook and Strategies till 2020

Nurse Call Systems EquipmentsNurse call systems are stated as systems that offeraid to the patients by alerting a healthcare doctor, nurse and the staff remotely for any kind of help. These equipment’s offer indispensable assistance to patients who cannot move and bed ridden patients in case of any emergency. The adoption and installation of nurse call system equipment by healthcare organizations has helped in increasing the patient’s satisfaction and safety. The systemoffers clinical connectivity between nursing staff and patient, thus facilitates the communication with the healthcare organization.

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With the advent of integrated healthcare communications technology, administrative heads or nursing directors have the facility to access the nurse call system data from their remote computers or their home. Nursecall system is integrated with the computers to provide the real-time monitoring of all patient activity. Some of the major drivers of this market includes the advancement in healthcare communication, enables supervisors to assign specific staff to patients, send message to the staff, review the report and view patient’s call activity. The main factor that is restraining the growth of this market is the lack of awareness of the innovative technologies available.

The market could be segmented on the basis of equipment’s which includes nurse call buttons, nurse call mobile systems, nurse call intercoms and nurse call integrated communication systems.In addition, the market could be segmented on the basis of geography which includes North America, Europe, Asia-Pacific and RoW.

Some of the key players dominating this market are Hill-Rom Holdings Inc., Ascom Holding AG, SimplexGrinnell, 3M Company, Critical Alert Systems LLC, Jeron Electronic Systems Inc., Cornell Comm. Inc., Stanley Healthcare Solutions, Rauland-Borg Corp., Vigil Health Solutions Inc. and TekTone Signal & Sound Inc. among others.

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