Wilmington, Delaware, United States, Transparency Market Research Inc.: The nurse calling system is an innovative and highly useful product that gives dependable service to the patients.
Wilmington, Delaware, United States, Transparency Market Research Inc.: The nurse calling system is an innovative and highly useful product that gives dependable service to the patients. Nurse calling system ensures guarantee of service to all patients in the ward. In addition to that, the wireless and wired models both ease product installation in hospitals, which is prophesized to influence growth of the global nurse call systems market over the timeline of forecast.
There are several factors that contribute to the growth of the global nurse call systems market. The rising need for integrated and diversified platforms with a growing preference for mobility equipment is likely to drive the demand for nurse call systems. Changing scenario of reimbursement is estimated to trigger market growth as well.
Rise in the Home Healthcare and Nursing Home Facilities to Push Market Demand
The modern-day nurse call systems come with several different options and features. Some of the most usual and important components of a nurse call system comprise the below-mentioned
- Pillow speaker (or call light)
- Desk console
- Wall station
- Code blue
- Bed cable
Augmented adoption of real-time location system that is incorporated into the wireless technologies of many healthcare facilities is likely to fuel the global nurse call systems market. Real-time location system enables healthcare facilities to track down attendants’ movement and movement of the equipment to improve productivity. This feature is likely to work in favor of the global nurse call systems market in the years to come.
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Besides, there has been a rise in nursing home and home healthcare facilities. Many of the leading players in the healthcare industry are emphasizing on the need to improve the time of patient response together with reducing the tiredness of nurses. Many market players are differentiating their product offerings through incorporation of their devices with various technologies and diagnostic solutions. Such factors are likely to support expansion of the global nurse call systems market in near future.
According to Transparency Market Research’s latest report on the global nurse call system Market for the historical period 2017–2018 and forecast period 2019–2027, Increasing need for efficient and responsive health care communication, Increasing budget allocation for health care of elderly population, Rise in number of people suffering from various disabilities, Reduced redundant nursing activities, Aging population and Nursing shortage are the factors projected to drive the global nurse call system Market during the forecast period
According to the report, the global nurse call system market was valued at US$ 1.27 Bn in 2018 and is anticipated to expand at a CAGR of 10.9% from 2019 to 2027
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Increasing need for efficient and responsive health care communication: Key Drivers
- Nursing staff need to be vigilant and responsive in order to ensure high quality of health care services and patient safety. With the help of nurse call systems, health care organizations are able to achieve seamless communication and streamlining of nursing activities. In addition, nurse call systems enable health care institutions to prioritize nursing calls based on the emergency and type of request registered by patients.
- Nurse call systems have become increasingly important in supporting existing nursing staff in efficiently carrying out duties at assisted living centers and skilled nursing facilities. Such systems offer higher productivity and quality of nursing services in institutions which employ relatively new and inexperienced nurses.
Increasing budget allocation for health care of elderly population Boost Market Growth
- Increasing median age population has induced numerous countries across the world to focus on providing better health care facilities and services. Factors such as rising dependency ratio and retirement of baby boomers have led to the growing need for improved social care and continued health care services for aged population.
- For instance, according to the Centers for Medicare and Medicaid Services in the U.S., spending on freestanding nursing care facilities and Continuing Care Retirement Communities (CCRC) increased by 2.4% in 2013 to reach US$ 155.8 Bn as compared to US$ 152.2 in 2012.
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Government regulations on manufacture and distribution of nurse call systems to Hamper Market
- According to recent changes made by the International Medical Device Regulators Forum (IMDRF) in the definition of medical devices, nurse call systems would be considered medical devices.
- In the U.S., nurse call systems are regulated under the Medical Device Data Systems (MDDS) legislation promulgated by the Food and Drug Administration (FDA). Hence, nurse call systems need the 510K premarket approval for legal sale and distribution in North America.
- In the European Union, nurse call systems are regulated by the European Commission’s Directorate General for Health and Consumers. Hence, nurse call systems in Europe need to adhere to a patient safety requirement called EN 60601-1 falling under the Medical Device Directive (MDD) for the sale and distribution of nurse call systems in the region. Following the changes in norms and regulations, the nurse call systems market may face a few restraints across the world.
- Introduction of real time communication and collaboration solutions to restrain the growth of the market
- Advancement in health care IT and rising technological advancement such as introduction of real time communication and collaboration solutions are likely to hamper the growth of the nurse call systems market
- A report by Red Hat stated that around 30% of nurse call systems will be replaced by real time communication and collaboration systems by 2019
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Global Nurse Call System Market: Competitive Landscape
- This report profiles major players in the global Nurse Call System Market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
- The global nurse call system market is highly fragmented, with the presence of a number of international as well as regional players
Leading players operating in the global nurse call system market are
- Ascom Holding AG
- Azure Healthcare Limited
- Cornell Communications
- Hill-Rom Holdings, Inc.
- Jeron Electronic Systems, Inc.
- STANLEY Healthcare
- TekTone Sound & Signal Mfg., Inc.
- Tyco SimplexGrinnell
- Vigil Health Solutions, Inc.
- Rauland-Borg Corporation (Acquired by Ametek, Inc.)
- Honeywell International Inc. (Ackermann) among others
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