The global nurse call systems market size is projected to reach USD 2.7 billion by 2025, growing at a CAGR of 11% during the forecast period. The global nurse call systems market will grow at an absolute growth of over 91% during the forecast period. The market is growing due to the increasing elderly population, which increases the risk of chronic respiratory diseases, hypertension, CVD, diabetes, and other diseases. This patient population requires assistance to perform daily activities that have increased the demand for nurse call systems in several healthcare facilities. A nurse calling system ensures the guarantee of services to patients in the ward. Besides, wireless and wired models offer ease product installation in hospitals, prophesized to influence growth. The increasing demand for integrated and diversified platforms with a growing preference for mobility equipment is expected to drive the demand for nurse call systems.
The COVID pandemic has disrupted the healthcare sector globally, with hospitals being overwhelmed due to the increasing influx of patients. Temporary hospitals are set up to deal with increasing disease incidence. However, they lack the basic infrastructure required for facilitating communication between nurses and patients. The increasing need for remote care and the rising influx of COVID-19 have resulted in expanding healthcare infrastructure the demand for better communication systems. Consequently, this market segment is expected to witness significant growth and high adoption during the COVID-19 pandemic.
- The growth of nurse call systems has witnessed a significant increase since the outbreak of the COVID-19 pandemic
- The demand for the nurse call systems in North America will grow at the CAGR of close to 12% during 2020–2025 due to the high prevalence of chronic diseases and the rise in the COVID-19 pandemic.
- The long-term care facilities segment is likely to grow at the CAGR of over 11% because of the high usage, and the need for advanced nurse call systems in facilities is the critical factor.
- The alarms & communications segment will reach an incremental growth of over USD 710 million by 2025
GLOBAL NURSE CALL SYSTEMS MARKET SEGMENTATION
This research report includes a detailed segmentation by
INSIGHTS BY PRODUCT
The global internet protocol (IP)-based systems market is expected to grow at a CAGR of close to 12% in 2019–2025. As IP-based devices offer a slew of benefits, including scalability, convenience, fault tolerance, and archiving, the demand is increasing. Moreover, with the rise in home healthcare and nursing home facilities, major industry players are focusing on the need for better patient response time, along with eliminating nurse fatigue, which has increased the usage. To differentiate their products, vendors incorporate newer technologies, which is likely to increase the market share.
The basic button-based system accounted for a share of over 22% of the global market in 2019. The demand increases due to the growing adoption of wired and wireless button systems, which are pressed to generate a signal or a call request. Further, increasing healthcare costs and rising pressure from dynamic healthcare requirements will drive the segment growth.
INSIGHTS BY APPLICATION
The alarms & communication segment is likely to grow at a significant rate of over 11% during the period 2019-2025. According to the WHO, over 962 million people aged 60 and above in 2017 worldwide, and the number will reach over 2,080 million in 2050. Hence, the growth in the elderly population has increased hospital admission to treat the population, which is increasing the demand for nurse call systems as this population requires these systems to inform healthcare providers. As the prevalence of chronic diseases in the adult population is growing, there is an increasing usage of nurse call devices to treat patients. The availability of advanced nurse call devices enables the safest, most secure environment possible while simultaneously promoting the patient’s dignity and quality of life, boosting the nurse call systems market growth.
INSIGHTS BY TECHNOLOGY
In 2019, the wired communication equipment segment dominated the market. Industry players are offering an integrated communication system, wherein the data saved on the monitor screen is a summation of the readings from different systems. Hospitals are expanding their facilities to provide real-time information by incorporating technology-updated systems. Wired systems are traditionally used in several healthcare facilities to inform nurses and other care providers about the patient’s requirement. Moreover, in emerging countries and LMICs, there is increasing usage of wired nurse call devices in healthcare facilities, which is boosting the market growth.
Wireless nurse call systems accounted for over 45% share of the global market in 2019. The segment is likely to grow at a significant rate. These medical devices are portable and easy to use, which has increased their adoption in several developed and developing countries. Wireless technology is the fastest-growing segment owing to the high level of integration, reduced cost for installation, and better patient mobility.
INSIGHTS BY END-USER
In 2019, the hospital segment accounted for the largest share of the nurse call systems market, which can be attributed to optimal patient safety and increased productivity of caregivers. The growth of hospitals and ambulatory care setting segments can further be attributed to streamlined communication between patients and clinicians, enhanced patient satisfaction, improved quality of care, and increased productivity of caregivers. Long-term care facilities are expected to grow at a faster growth rate due to the rise in the elderly population. These assisted living facilities are anticipated to be the fastest developing segment during the forecast period owing to the increase in the number of senior care services and growth in nursing homes.
INSIGHTS BY GEOGRAPHY
Owing to several regulatory reforms, changes in reimbursement coverage, and funds received to update hospitals with technology-driven nurse call devices. North America was the largest market in 2019. US healthcare providers are facing a shortage of registered nurses. It is estimated that around 55% of nurses would retire between 2011 and 2020. For better patient care, hospitals are increasing healthcare expenditure to modernize existing technology and infrastructure.
Further, North America is growing due to chronic disorders, Alzheimer’s, and physical and mental disabilities in the patient population. There were nearly 40 million Americans with disabilities in 2015, representing 12.6% of the civilian non-institutionalized population, according to the US Census Bureau. These patients require medical assistance to perform daily activities. Therefore, for this purpose, nursing care is preferred among patients, which boosts the usage of nurse call devices in the region.
INSIGHTS BY VENDORS
The global nurse call systems market growth is characterized by the presence of several international and regional manufacturers. The market potential is driving numerous players to expand their market share through acquisitions. Larger players tend to acquire sections suitable for their product portfolio. Hill Rom Holdings Services Inc., Ascom, Cornell Communications, Azure Healthcare, & AMETEK are major vendors offering the products in the key market. All these companies have a significant presence in prominent geographical regions such as North America, APAC, and Europe. However, there are many local vendors providing products with similar specifications at lower prices, which has resulted in a price war among vendors.
The nurse call systems market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:
By Product Type
- Internal Protocol-based
- Basic Button-based
- Alarms & Communications
- Workflow Optimization
- Wanderer Control
- Fall Detection & Prevention
- Long-term Care Facilities
- Ambulatory Care Settings
- North America
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa