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(Medical-NewsWire.com, August 14, 2018 ) The nurse call systems market is expected to reach USD 1.75 Billion by 2021 from USD 1.12 Billion in 2016, at a CAGR of 9.3%. This market is segmented based on instruments, technologies, applications, and end users.
On the basis of instruments, the nurse call systems market is segmented into buttons, integrated communication systems, mobile systems, and intercom systems. Integrated communication systems segment is expected to account for the largest share of the market in the forecast period, growing at a higher CAGR of 13.6% during the forecast period from 2016 to 2021. The high growth rate of this segment is attributed to increasing number of hospitals integrated with these systems and new product launches.
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On the basis of applications, the nurse call systems market is segmented into emergency medical alarms, wanderer control, workflow support, and others applications. Emergency medical alarms segment is expected to account for the largest share of the market during the forecast period, growing at a higher CAGR of 10.0% during the forecast period from 2016 to 2021. The large share of the emergency medical alarms application segment can majorly be attributed to new product launches.
Aging population and rising prevalence of chronic diseases, new product launches, technological advancements, and increasing healthcare expenditure are some major factors driving the growth of the market.
On the basis of technologies, the market is segmented into wired systems and wireless systems. In 2016, the wired systems segment is expected to account for the highest growth rate in the market. The growth of this segment is driven by the low-cost and speed of transmission of wired communication.
The key players in the market include Ascom Holding AG (Switzerland), Hill-Rom Holdings, Inc. (U.S.), Tyco International PLC (U.S.), Honeywell International, Inc. (U.S.), and Rauland-Borg Corporation (U.S.).
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Source: EmailWire.Com 
Source: EmailWire.com
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