The nurse call systems market growth is anticipated to expand at a consistent CAGR of 8.8% throughout the course of the projected period. The market is projected to be valued US$ 4.55 billion by 2033, from its 2023 valuation of US$ 1.96 billion.
The market for nurse call systems, which is well-positioned to meet the evolving needs of healthcare institutions, is seeing notable developments. The growth of this industry indicates a commitment to enhancing patient care and interprofessional communication in healthcare settings. Nurse call systems market sales are critical for accelerating patient-provider communication, which improves reaction times and overall efficacy. This is because of their state-of-the-art features and technology.
- The high penetration of digitization in healthcare facilities is contributing to the sales of nurse call appliances. Furthermore, the demand for effective communication between patients, guardians, and healthcare staff is propelling the market growth.
- Governments increasing their healthcare budget post-pandemic is fueling the demand for nurse call devices. The new wired nurse call systems are gaining traction in the market space as they are cheap and more convenient to use.
- Private healthcare entities are advancing their digital communications bands with artificial intelligence and machine learning and are expected to thrive in sales.
- The rising number of hospitals and clinics along with the integration of wireless technology along with increasing research and development programs are fueling the market growth.
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Key Points
- The United America market is likely to lead the nurse call systems market in terms of market share and CAGR. The market is expected to thrive at a leading CAGR of 7.9% between 2023 and 2033. The market growth is attributed to the high healthcare budget and enhanced hospital infrastructure. The regional market is likely to cross a value of US$ 527.8 million by 2033.
- China nurse call systems market is another significant nurse call systems market. The regional growth is attributed to the increased number of private hospitals and healthcare clinics. The regional market is anticipated to expand at a CAGR of 7.4% during the forecast period while it is expected to hold a value of US$ 128.4 million by 2033.
- The integrated communication systems segment is likely to thrive in the equipment size category as it strives at a CAGR of 8.4% during the forecast period. The growth is attributed to factors like high convenience and patient connectivity
- The hospital segment is expected to top the end user type category as it secures a CAGR of 8.1% between 2023 and 2033.
Competitive Landscape:
The key vendors focus on integrating call systems with artificial intelligence and high bandwidth. Furthermore, rapid digitization in the healthcare sector is providing opportunities to vendors.
The Key competitors also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel. The key players working in the market are: Proofpoint, Digital Shadows Ltd, FireEye, LookingGlass Cyber Solutions, RSA Security LLC, PhishLabs, Axur, Blueliv, and CYBERSPRINT.
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Recent Market Developments:
- Stanley Healthcare added the UL 1069 Arial Nurse Call that is loaded with a Wi-Fi network, and 2-way voice communication between residents and caregivers. The product comes with staff notifications and central staff alerting system to provide the necessary features for every level of care.
- Forbix Semicon has introduced its wireless nurse call systems with a nurse call bell with LCD VGA monitor and an inbuilt 24×7 data logger.
Key Segments:
Equipment Type:
- Button-based Systems
- Integrated Communication Systems
- Mobile Systems
- Intercom Systems
Application:
- Alarms & Communications
- Workflow Optimization
- Wanderer Control
- Fall Detection & Prevention
Technology:
- Wired Nurse Call Systems
- Wireless Nurse Call Systems
End-user:
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Long-term Care Centers
By Region:
- North America
- Latin America
- Europe
- Asia Pacific (APAC)
- The Middle East & Africa (MEA)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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