The global nurse call systems market is poised for substantial growth, with forecasts indicating a robust Compound Annual Growth Rate (CAGR) of 8.8% between 2023 and 2033. According to FMI’s latest analysis, the market is projected to surpass a significant milestone, reaching a market share of US$ 4.55 billion by 2033, up from US$ 1.96 billion in 2023.
Key factors driving this exponential growth include the widespread adoption of digitization in healthcare facilities, which has significantly bolstered the demand for nurse call appliances. The imperative for seamless communication among patients, caregivers, and healthcare personnel has become paramount, catalyzing the expansion of the market.
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Moreover, governments worldwide are amplifying their healthcare budgets in the wake of the pandemic, thereby amplifying the demand for nurse call devices. The emergence of cost-effective and user-friendly wired nurse call systems is gaining traction in the market, further stimulating market growth.
Private healthcare entities are at the forefront of innovation, leveraging advanced digital communication platforms infused with artificial intelligence and machine learning. This strategic integration is expected to drive substantial sales growth in the nurse call systems market.
The proliferation of hospitals and clinics, coupled with the integration of wireless technology and escalating investments in research and development programs, are pivotal factors contributing to the burgeoning market landscape.
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.
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.
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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)
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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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