Title: The Nurse Call Systems Market is estimated to hit $16.026 billion by 2023.
1The Nurse Call Systems Market is estimated to hit
16.026 billion by 2023.
2North America is dominating the Nurse Call
Systems Market, with a share of 4.353 billion in
2017 at a CAGR of 5.80, and is projected to
reach 6.105 billion by 2023. The presence of
large number of hospitals and healthcare
facilities is the biggest driving factor for
traditional nurse call systems market in this
region. According to the WHO, 30.85 of the
globally registered hospitals are in the
Americas. Moreover, the rapidly aging population
in the U.S., Canada and Mexico will drive the
need for efficient emergency medical alarms in
hospitals and assisted living facilities.
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3Selected Analysis Done in the Full Report
The quality of nurse call systems manufactured
depends on both the components used and the
technologies adopted. There is very less scope
for innovation in traditional nurse call systems.
However, the newer systems are integrated with
other healthcare devices and use latest
technologies. Once the design, product features,
specifications and patent filing are finished,
either through its own RD activities or
licensing agreements with research institutes or
universities, the company starts the
manufacturing process.
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4Excerpts on Market Growth Factors Mentioned in
the Full Report
- Availability of reimbursements from private and
government health insurers is the major factor
driving large scale adoption of NCS devices. - The presence of the large number of hospitals
and healthcare facilities is the biggest driving
factor for traditional nurse call systems market
in North American region.
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5Key Players of the Nurse Call Systems(NCS) Market
- Hill-Rom Holdings Inc.
- Tyco SimplexGrinnell LP
- Ascom Holding AG
- Honeywell International
- Rauland-Borg Corporation.
- And 15 more
-
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