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(Medical-NewsWire.com, March 01, 2017 ) Browse 147 market data Tables and 37 Figures spread through 175 Pages and in-depth TOC on "Nurse Call Systems Market"
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Globally, the nurse call systems market is witnessing high growth due to factors such as aging population and rising prevalence of chronic diseases, new product launches, technological advancements, and increasing healthcare expenditure.
On the other hand, the lack of trained healthcare IT professionals and the presence of a stringent regulatory environment for these systems are expected to restrain market growth during the forecast period.
Many of the key players are focusing on the strategies of agreements, partnerships, collaborations, acquisitions, and new product development to strengthen their foothold in the nurse call systems market.
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Based on instruments, the nurse call systems market is segmented into buttons, integrated communication systems, mobile systems, and intercom systems. Integrated communication systems segment is projected to witness the highest growth rate during the forecast period. The high growth of this segment is attributed to the increasing number of hospitals integrated with these systems and new product launches.
Based on technologies, the nurse call systems market is segmented into wired systems and wireless systems. The wired nurse call systems segment is projected to witness the highest growth in this market due to low-cost and speed of transmission of wired communication.
Based on applications, the nurse call systems market is segmented into emergency medical alarms, wanderer control, workflow support, and others applications. The emergency medical alarms segment is projected to witness the highest growth in this market is majorly attributed to new product launches.
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Based on end users, the nurse call systems market is segmented into hospitals, assisted living centers & nursing homes, clinics & physician offices, ambulatory care centers and other end users. The hospitals segment is projected to witness the highest growth rate in this market due to increasing geriatric population and increasing number of private and public hospitals, especially in emerging economies.
In the coming five years, growth in the nurse call systems market is likely to be centered in Asia. High growth in the Asian region can be attributed to the growing geriatric population and increasing diabetes prevalence. Furthermore, government initiatives, increasing number of healthcare facilities and hospital beds and increasing number of nurse call system installations in the Asian region are also expected to drive the market growth in the coming years.
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