Nurse Call Systems Market at a CAGR of 9.2%
The global 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.
(EMAILWIRE.COM, September 14, 2019 ) The global Nurse Call Systems Market 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 this market.
Wired communication is expected to dominate the nurse call system market in 2019.
Based on technology, the nurse call system 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.
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Alarms & communications segment is expected to dominate the nurse call system market in 2019
Based on application, the nurse call system 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.
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 nurse call system market. Factors attributing for the large share of this segment include low cost, ease of use, high reliability, and faster response time.
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
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Wired communication is expected to dominate the nurse call system market in 2019.
Based on technology, the nurse call system 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.
Download PDF Brochure@
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=230909048
Alarms & communications segment is expected to dominate the nurse call system market in 2019
Based on application, the nurse call system 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.
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 nurse call system market. Factors attributing for the large share of this segment include low cost, ease of use, high reliability, and faster response time.
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
Read More@
https://www.marketsandmarkets.com/PressReleases/nurse-call-system.asp
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MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results