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Nurse Call Systems Market by Technology (Wired Systems and Wireless Systems), Equipment (Button Systems, Intercom Systems, Mobile Systems, and Integration Communication Systems), Application (Emergency Medical Alarms, Wanderer Control, Workflow Support, and Others), and End User (Hospitals, Nursing Homes & Assisted Living Centers, and Ambulatory Surgical Centers & Clinics) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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LI_172393
Pages: 158
Jun 2017 | 1719 Views
 
Author's : Abha Thakur
Tables: 49
Charts: 26
 

Nurse Call Systems Market Overview:

Global Nurse Call Systems Market accounted for $1,114 million in 2016, and is estimated to reach at $ $1,972 million by 2023, growing at a CAGR of 8.5% from 2017 to 2023. Nurse call systems are the basic emergency call solution used by patients or residents to call for assistance in hospitals and other healthcare organizations. These systems reduce the response time by nurse and doctors leading to effective workflow.

The global nurse call systems market include rise in incidence & prevalence of chronic diseases and large pool of geriatric population. In addition, growth in government healthcare expenditure, technological advancements to improve efficacy & safety of the patients, and diverse uses of nurse call systems such as integration with other departments (administration, canteen, and housekeeping) of hospital and texting capabilities to distribute task (call for blanket, food, carrying patients, and others) among hospital staff are expected to fuel the market growth during the analysis period. Moreover, the Asia-Pacific region offers lucrative growth opportunities to the nurse call systems market players. However, stringent government regulations are expected to hamper the market growth.

Global Nurse Call Systems Market Segmentation

Global Nurse Call Systems Market Segmentation

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Segment Review

Based on technology, the market is bifurcated into wired nurse call systems and wireless nurse call systems. The wired nurse call systems segment accounted for the highest market share in 2016, and the wireless nurse call systems is expected to grow at the highest growth rate during the forecast period. The growth of the wireless nurse call systems market is attributed to the increase in preference toward wireless nurse call systems as they allow free mobility to patients. On the basis of equipment, it is categorized into button systems, intercom systems, mobile systems, and integration communication systems. The integration communication systems captured the highest market share in 2016. Based on end user, the market is bifurcated into hospital, ambulatory surgical centers & clinics, and nursing homes & assisted living centers. The hospitals segment captured the highest market share in 2016, and is expected to witness the highest CAGR during the analysis period. On the basis of application, the market is segmented into emergency medical alarms, wanderer control, workflow support, and others. The emergency medical alarm occupied the highest market share in 2016.

Top Investment Pocket

Top Investment Pocket

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Geographical Review

Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest share of the market in 2016, followed by Europe. Asia-Pacific is anticipated to witness the highest growth rate during the analysis period. In addition, this region is expected to emerge as the area with maximum growth potential due to the focus of key players in the emerging economies and improvement in healthcare infrastructure.

Indian Nurse Call Systems Market ($Million), 2016-2023

Indian Nurse Call Systems Market ($Million), 2016-2023

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Increase in government expenditure in the healthcare sector

According to WHO, about 15.5% of the total government expenditure was spent on healthcare in 2014. Furthermore, according to the World Bank data, in 2014, the Government of China spent 5.5% of its GDP on healthcare, the Indian Government spent 4.7% of its total GDP. In addition, according to a study in Lancet (a medical journal) Future and potential spending on health 2015-2040 by 2040, the global healthcare spending per person is expected to grow by two-folds. Moreover, the global government health expenditure per capita is expected to increase by $1,126 from 2014 to 2040.

Diverse application of nurse call systems

Nurse call systems have various applications that are developed for providing comfort to patients and healthcare management. At present, these systems are not only connected to the nurse station, but also to the other departments of the hospitals, such as housekeeping department, administration, and others, leading to better communication services. Similarly, real-time systems installed in nurse call had provided patient with free mobility in hospital premises and helped nurse to track patients and improve patient safety. Furthermore, nurse call systems are integrated with medical devices, such as heart monitor, which enable nurse to help patient in case of emergency. New Midwestern U.S. hospital have decentralized nursing units that enable nurses and patients to effectively communicate across the facility. Major companies operating in this market adopted product launch as their key development strategy. Companies profiled in this market include, Ascom Holding AG, Hill-Rom Holdings, Inc., Johnson Control, Honeywell International, Inc., Cornell Communications Inc., Ametek Inc., Azure Healthcare Limited, Jeron Electronic System Inc., Stanley Healthcare, and Vigil Health Solutions Inc. among others.

The other players (the profiles of these players are not covered in the report) in the value chain include Courtney Thorne, Fresenius SE & Co. KGaA, Baxter International Inc., BioScrip, Inc., Grifols, S.A., JW Life Science Co. Ltd., BRIEF-Sichuan Kelun, Pharmaceutical Co. Ltd., CVS Health Corporation, and Vifor Pharma Group among others.

Key Benefits

  • The study provides in-depth analysis of the global market along with current trends and future estimations to elucidate the imminent investment pockets.
  • Quantitative analysis of the industry is provided for the period of 2016-2023 to enable the stakeholders capitalize on the prevailing market opportunities.
  • Extensive analysis by technology and application helps understand various trends and prevailing opportunities in the market.
  • Comprehensive analysis of all geographical regions is provided, which determines the main opportunities in these geographies.
  • The key market players are profiled and their strategies are analyzed to predict the competitive outlook of the market.

Nurse Call Systems MarketKey Segments:

By Technology

  • Wired Systems
  • Wireless Systems

By Equipment

  • Button Systems
  • Intercom Systems
  • Mobile Systems
  • Integration Communication Systems

By End User

  • Hospitals
  • Ambulatory Surgical Centers & Clinics
  • Nursing Homes & Assisted Living Centers

By Applications

  • Emergency Medical Alarms
  • Wanderer Control
  • Workflow Support
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry

3.4. MARKET SHARE ANALYSIS, 2016
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increase in geriatric population
3.5.1.2. Increase in prevalence of chronic diseases
3.5.1.3. Increase in government expenditure in the healthcare sector
3.5.1.4. Diverse Applications of Nurse Call Systems
3.5.1.5. Technological advancement.

3.5.2. Restraint

3.5.2.1. Stringent Government Regulations

3.5.3. Opportunity

Chapter: 4 NURSE CALL SYSTEMS MARKET, BY TECHNOLOGY TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. WIRED SYSTEMS

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. WIRELESS SYSTEMS

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

Chapter: 5 NURSE CALL SYSTEMS MARKET, BY EQUIPMENT

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. BUTTON SYSTEMS

5.2.1. Market size and forecast

5.3. INTERCOM SYSTEMS

5.3.1. Market size and forecast

5.4. MOBILE SYSTEMS

5.4.1. Market size and forecast

5.5. INTEGRATED COMMUNICATION SYSTEMS

5.5.1. Market size and forecast

Chapter: 6 NURSE CALL SYSTEMS MARKET, BY END-USER

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. HOSPITALS

6.2.1. Market size and forecast

6.3. AMBULATORY SURGICAL CENTERS AND CLINICS

6.3.1. Market size and forecast

6.4. NURSING HOMES AND MEDICAL ASSISTED LIVING CENTERS

6.4.1. Market size and forecast

Chapter: 7 NURSE CALL SYSTEMS MARKET, BY APPLICATION

7.1. OVERVIEW

7.1.1. Market size and forecast

7.2. EMERGENCY MEDICAL ALARMS

7.2.1. Market size and forecast

7.3. WANDERER CONTROL

7.3.1. Market size and forecast

7.4. WORKFLOW SUPPORT

7.4.1. Market size and forecast

7.5. OTHERS

7.5.1. Market size and forecast

Chapter: 8 NURSE CALL SYSTEMS MARKET, BY GEOGRAPHY

8.1. OVERVIEW

8.1.1. Market size and forecast

8.2. NORTH AMERICA

8.2.1. Key market trends
8.2.2. Key growth factors and opportunities
8.2.3. Market size and forecast
8.2.4. U.S. market size and forecast
8.2.5. Canada market size and forecast
8.2.6. Mexico market size and forecast

8.3. EUROPE

8.3.1. Key market trends
8.3.2. Key growth factors and opportunities
8.3.3. Market size and forecast
8.3.4. Germany market size and forecast
8.3.5. France market size and forecast
8.3.6. UK market size and forecast
8.3.7. Italy market size and forecast
8.3.8. Spain market size and forecast
8.3.9. Rest of Europe market size and forecast

8.4. ASIA-PACIFIC

8.4.1. Key market trends
8.4.2. Key growth factors and opportunities
8.4.3. Market size and forecast
8.4.4. Japan market size and forecast
8.4.5. China market size and forecast
8.4.6. India market size and forecast
8.4.7. Rest of Asia-Pacific market size and forecast

8.5. LAMEA

8.5.1. Key market trends
8.5.2. Key growth factors and opportunities
8.5.3. Market size and forecast
8.5.4. Latin America market size and forecast
8.5.5. Middle East market size and forecast
8.5.6. Africa market size and forecast

Chapter: 9 COMPANY PROFILE

9.1. HILL-ROM HOLDINGS. INC.

9.1..1. Company overview
9.1..2. Company snapshot
9.1..3. Operating business segments
9.1..4. Product portfolio

9.2. AMETEK INC.

9.2..1. Company overview
9.2..2. Company snapshot
9.2..3. Operating business segments
9.2..4. Product portfolio

9.3. HONEYWELL INTERNATIONAL INC.

9.3..1. Company overview
9.3..2. Company snapshot
9.3..3. Operating business segments
9.3..4. Product portfolio

9.4. AZURE HEALTHCARE LIMITED

9.4..1. Company overview
9.4..2. Company snapshot
9.4..3. Operating business segments
9.4..4. Product portfolio

9.5. ASCOM HOLDING AG

9.5..1. Company overview
9.5..2. Company snapshot
9.5..3. Operating business segments
9.5..4. Product portfolio

9.6. STANLEY HEALTHCARE

9.6..1. Company overview
9.6..2. Company snapshot
9.6..3. Operating business segments
9.6..4. Product portfolio

9.7. CORNELL COMMUNICATIONS INC.

9.7..1. Company overview
9.7..2. Company snapshot
9.7..3. Operating business segments
9.7..4. Product portfolio

9.8. JERON ELECTRONIC SYSTEM INC.

9.8..1. Company overview
9.8..2. Company snapshot
9.8..3. Operating business segments
9.8..4. Product portfolio

9.9. VIGIL HEALTH SOLUTIONS INC.

9.9..1. Company overview
9.9..2. Company snapshot
9.9..3. Operating business segments
9.9..4. Product portfolio

9.10. JOHNSON CONTROL

9.10..1. Company overview
9.10..2. Company snapshot
9.10..3. Operating business segments
9.10..4. Product portfolio

LIST OF TABLES

TABLE 1. GLOBAL INCIDENCE RATES OF DISEASES
TABLE 2. GLOBAL NURSE CALL SYSTEMS MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 3. GLOBAL NURSE CALL SYSTEMS MARKET FOR WIRED SYSTEMS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 4. GLOBAL NURSE CALL SYSTEMS MARKET FOR WIRELESS SYSTEMS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 5. GLOBAL NURSE CALL SYSTEMS MARKET, BY EQUIPMENT, 2016-2023 ($MILLION)
TABLE 6. GLOBAL NURSE CALL SYSTEMS MARKET FOR BUTTON SYSTEMS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 7. GLOBAL NURSE CALL SYSTEMS MARKET FOR INTERCOM SYSTEMS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 8. GLOBAL NURSE CALL SYSTEMS MARKET FOR MOBILE SYSTEMS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 9. GLOBAL NURSE CALL SYSTEMS MARKET FOR INTEGRATION COMMUNICATION SYSTEMS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 10. GLOBAL NURSE CALL SYSTEMS MARKET, BY END-USER, 2016-2023 ($MILLION)
TABLE 11. GLOBAL NURSE CALL SYSTEMS MARKET FOR HOSPITALS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 12. GLOBAL NURSE CALL SYSTEMS MARKET FOR CLINICS AND AMBULATORY SURGICAL CENTERS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 13. GLOBAL NURSE CALL SYSTEMS MARKET FOR NURSING HOMES AND MEDICAL ASSISTED LIVING CENTERS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 14. GLOBAL NURSE CALL SYSTEMS MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 15. GLOBAL NURSE CALL SYSTEMS MARKET FOR EMERGENCY MEDICAL ALARMS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 16. GLOBAL NURSE CALL SYSTEMS MARKET FOR WANDERER CONTROL, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 17. GLOBAL NURSE CALL SYSTEMS MARKET FOR WORK FLOW SUPPORT, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 18. GLOBAL NURSE CALL SYSTEMS MARKET FOR OTHER APPLICATIONS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 19. GLOBAL NURSE CALL SYSTEMS MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 20. NORTH AMERICA NURSE CALL SYSTEMS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 21. NORTH AMERICA NURSE CALL SYSTEMS MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 22. NORTH AMERICA NURSE CALL SYSTEMS MARKET, BY EQUIPMENT TYPE, 2016-2023 ($MILLION)
TABLE 23. NORTH AMERICA NURSE CALL SYSTEMS MARKET, BY END-USER, 2016-2023 ($MILLION)
TABLE 24. NORTH AMERICA NURSE CALL SYSTEMS MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 25. EUROPE NURSE CALL SYSTEMS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 26. EUROPE NURSE CALL SYSTEMS MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 27. EUROPE NURSE CALL SYSTEMS MARKET, BY EQUIPMENT, 2016-2023 ($MILLION)
TABLE 28. EUROPE NURSE CALL SYSTEMS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 29. EUROPE NURSE CALL SYSTEMS MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 30. ASIA-PACIFIC NURSE CALL SYSTEMS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 31. ASIA-PACIFIC NURSE CALL SYSTEMS MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 32. ASIA-PACIFIC NURSE CALL SYSTEMS MARKET, BY EQUIPMENT, 2016-2023 ($MILLION)
TABLE 33. ASIA-PACIFIC NURSE CALL SYSTEMS MARKET, BYEND USER, 2016-2023 ($MILLION)
TABLE 34. ASIA-PACIFIC NURSE CALL SYSTEMS MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 35. LAMEA NURSE CALL SYSTEMS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 36. LAMEA NURSE CALL SYSTEMS MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 37. LAMEA NURSE CALL SYSTEMS MARKET, BY EQUIPMENT, 2016-2023 ($MILLION)
TABLE 38. LAMEA NURSE CALL SYSTEMS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 39. LAMEA NURSE CALL SYSTEMS MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 40. HILL-ROM HOLDINGS INC.: COMPANY SNAPSHOT
TABLE 41. AMETEK INC.: COMPANY SNAPSHOT
TABLE 42. HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 43. AZURE HEALTHCARE LIMITED: COMPANY SNAPSHOT
TABLE 44. ASCOM HOLDING AG: COMPANY SNAPSHOT
TABLE 45. STANLEY HEALTHCARE: COMPANY SNAPSHOT
TABLE 46. CORNELL COMMUNICATIONS INC.: COMPANY SNAPSHOT
TABLE 47. JERON ELECTRONIC SYSTEM INC.: COMPANY SNAPSHOT
TABLE 48. VIGIL HEALTH SOLUTIONS INC.: COMPANY SNAPSHOT
TABLE 49. JOHNSON CONTROL: COMPANY SNAPSHOT

LIST OF FIGURES

FIGURE 1. GLOBAL NURSE CALL SYSTEMS MARKET, 2016-2023
FIGURE 2. NURSE CALL SYSTEMS MARKET, BY GEOGRAPHY, 2016-2023
FIGURE 3. MARKET SEGMENTATION
FIGURE 4. TOP INVESTMENT POCKETS
FIGURE 5. TOP WINNING STRATEGIES, 2014-2016 (%)
FIGURE 6. TOP WINNING STRATEGIES: NATURE AND TYPE
FIGURE 7. MARKET SHARE ANALYSIS: NURSE CALL SYSTEMS MARKET, 2016
FIGURE 8. PERCENTAGE DISTRIBUTION OF POPULATION AGED 65 AND OVER BY REGION: 2015 AND 2050
FIGURE 9. INCIDENCE RATE OF CHRONIC DISEASES, 1995-2030
FIGURE 10. GOVERNMENT EXPENDITURE ON HEALTH
FIGURE 11. U.S. NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 12. CANADA NURSE CALL SYSTEMS MARKET, 2016-2023 $MILLION)
FIGURE 13. MEXICO NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 14. GERMANY NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 15. FRANCE NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 16. UK NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 17. ITALY NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 18. SPAIN NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 19. REST OF EUROPE NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 20. JAPAN NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 21. CHINA NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 22. INDIA NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 23. REST OF ASIA-PACIFIC NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 24. LATIN AMERICA NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 25. MIDDLE EAST NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)
FIGURE 26. AFRICA NURSE CALL SYSTEMS MARKET, 2016-2023 ($MILLION)

 

Nurse call systems serves as the backbone of all emergency and critical communications in hospitals. These systems improve communication between nurses and patients by providing real-time notification about a patient’s health status, and avoid time lag in providing assistance. Furthermore, nurse call systems have simplified the workflow, and have enhanced the efficacy of nurses by reducing the time spend on unnecessary tasks and eliminating workflow disruption. The wired nurse call systems accounted for the highest market share in 2016, and is expected to dominate the market from 2017 to 2023.

North America accounted for the highest market share, owing to the unhealthy lifestyles of the population, improper diet, and growth in geriatric population who are prone to chronic disorders.  As per the estimates of the WHO, chronic diseases such as diabetes, cardiovascular disorders, cancer, and chronic respiratory diseases lead to the death of about 70% of population across the globe. Asia-Pacific accounted for the highest market potential due to growth in per capita income in countries such as India and China. In addition, government initiatives for the improvement of healthcare sector and rise in focus of leading manufacturers to expand their geographical presence in the emerging Asia-Pacific countries are expected to gain high growth opportunities in the market.

The major companies operating in the global nurse call systems market are Ascom Holding AG, Hill-Rom Holdings, Inc., Johnson Control, Honeywell International, Inc., Cornell Communications Inc., Ametek Inc., Azure Healthcare Limited, Jeron Electronic System Inc., Courtney Thorne, and Elektra Hellas S.A. among others.

 

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