Market Research Report
Nurse Call System Market Size, Share & Trends Analysis Report By Technology (Wired Communication Equipment, Wireless Communication Equipment), By End Use, And Segment Forecasts, 2019 - 2026
|Published by||Grand View Research, Inc.||Product code||818721|
|Published||Content info||140 Pages
Delivery time: 2-3 business days
|Nurse Call System Market Size, Share & Trends Analysis Report By Technology (Wired Communication Equipment, Wireless Communication Equipment), By End Use, And Segment Forecasts, 2019 - 2026|
|Published: March 5, 2019||Content info: 140 Pages||
The global nurse call system market size is expected to reach USD 2.38 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 9.9% during the forecast period. Increasing support for digital healthcare, government penalties for hospital readmissions, and demand for resident and patient safety are expected to drive the demand.
In addition, continuous technology advancements to bring in a new level of communication enabling the widest range of applications configuration to home cares, hospitals, or residential facilities are also expected to upsurge the demand for nurse call system. In April 2015, Mircom launched MiCare wireless nurse call system, designed to enable its integration with cloud technology.
Hospitals have a major share of the nurse call system market owing to the patient flow and increasing chronic and emergency case patients. Moreover, researchers are filing patents for technologies that offer uninterrupted communication. In December 2018, Ascom Holdings AG has received the approval certificate from the U.S. Food and Drug Administration (FDA) as class II 510(k) for Digistat Smart Central software solution increasing the scope of the Ascom Healthcare to expand their presence in the U.S. hospitals.
North America was the largest regional market owing to the establishment of separate certification and coding system and introduction of new integrated solutions by key players. For instance, in October 2018, Tunstall Healthcare acquired Kanayo Software Inc., and EWII Telecare to expand its Connected Health solutions. The acquisition provided Tunstall with expertise in Software and App products in health and social care.
Some key players in the nurse call system market include: Hill-Rom Holding, Inc.; Tyco SimplexGrinnell; Ascom Holding; Honeywell International, Inc.; Rauland-Borg Corporation; TekTone Sound & Signal Mfg., Inc.; Stanley Healthcare; Azure Healthcare; West-Com Nurse Call Systems, Inc.; and Critical Alert Systems LLC.