Nurse Call Systems Market Expected to Reach $3.6 Billion by 2030 | CAGR of 8.39%

According to a new report published by Allied Market Research, titled, “Nurse Call Systems Market by Technology, Equipment Type, End User, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030", the global nurse call systems market size was valued at $1,626.72 million in 2020, and is projected to reach $3,643.55 million by 2030, registering a CAGR of 8.39% from 2021 to 2030.

Nurse call systems are installed in hospitals to manage workload of healthcare workers and to ensure quick assistance to patients. Nurse call system plays an important role in emergency cases, as the system provides quick signal along with patients room and bed number. These systems have eradicated communication challenges and upgraded nursing workflow in healthcare organizations. This system has improved the interaction between nurse and patients along with real-time notification about a patient’s health condition and ease to reply on  request of patient.

Factors that drive the growth of the nurse call systems market include the rise in number of hospitals, increase in healthcare expenditures by peoples, and advancement in nurse call systems devices. In addition, increase in number of chronic diseases such as cancers have contributed in growth of market. For instance, according to the World Health Organization (WHO), cancer is a leading cause of death across the globe, accounting for nearly 10 million deaths in 2020, or nearly one in six deaths.

Furthermore, increase in geriatric population contributes in the growth of the nurse call systems market. For instance, as per the population reference bureau report, “Aging in the United States,” dated July 15, 2019, number of Americans aged 65 and older is projected to increase more than double from 52 million in 2018 to over 95 million by 2060, and is expected to rise to around 23% from 16%

The nurse call systems market is segmented on the basis of technology, equipment type, enduser, application, and region.

By technology, the market is divided into wired system and wireless system. The wireless system segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to the cost effectiveness and ease of installation of wireless system.

By equipment type, the market is divided into buttons, intercom systems, mobile systems, and integration communication systems. The buttons segment dominated the market in 2020, and this trend is expected to continue during the forecast period, due to ease of operation of buttons for patients.

By enduser, the market is divided into hospitals, ambulatory surgical centers & clinics, and nursing homes & assisted living centers. The hospitals segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to the increase in number of hospitals.

By application, the market is divided into emergency medical alarms, wanderer con, workflow support, and others applications. The emergency medical alarms system segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to the increase in chronic diseases.

North America accounted for a majority of the global nurse call systems market share in 2020, and is anticipated to remain dominant during the forecast period. Asia-Pacific is anticipated to witness lucrative growth, owing to the increase in chronic diseases and high population.

The COVID-19 outbreak is anticipated to have a positive impact on the growth of the nurse call systems market as most hospitals have adopted nurse call system due to  COVID-19. The coronavirus and COVID-19 pandemic has serious and life-threatening impact on patients and healthcare workers. Hence, to minimize exposure of healthcare workers with patients and to provide quick medical assistance to patients, many of hospitals have installed nurse calling systems. In addition, a huge number of clinics and hospitals across the globe was restructured to increase the hospital capacity for the patient diagnosed with COVID-19, and this is expected to contributes in the market growth.

Key Findings Of Study

• On the basis of technology, the wireless segment was the highest contributor to the market in 2020.
• On the basis of equipment type, buttons segment dominated the market in 2020.
• By on end-user, hospitals segment dominated the market in 2020.
• By application, emergency medical alarms segment was the highest contributor to the market in 2020.
• On the basis of region, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.