NURSE CALL SYSTEMS MARKET IS ESTIMATED TO GROW AT A CAGR OF 6.35%.

Nurse Call System (NCS) market is a diversified healthcare monitoring devices market which specifically caters to the people in time of emergency and in need of immediate medical attention. The global NCS market serves different end-users across the healthcare industry including hospitals and clinics, assisted living facilities and senior living facilities. Nurse call equipment allows the patients to alert any healthcare practitioner for help at any time. These systems are especially required for immobile and bed ridden patients in case of any emergency. The installation and use of this system helps in patient’s satisfaction along with their safety. Nurse call system can also be integrated with computer to monitor patient’s activity throughout the stay. This system connects nurse call system with various communication systems in order to ensure patient’s safety and facilitates communication between healthcare personnel and patient.

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A Nurse Call Button is a button found around a hospital bed that allows patients to alert a nurse or other health care staff member during emergencies.

Records and Estimations:

In 2013, the Traditional Nurse Call Systems contributed the majority share of 49% of the global nurse call systems market, followed by advanced nurse communication systems and middleware interfacing systems. However, the middleware interfacing systems are poised to grow with the highest CAGR of 9.59% over the forecast period which will be driven by the technological advancements and availability of NCS at reasonable prices.

The contribution of hospitals to the global nurse call systems market was $4.72 billion in 2014 and is estimated to grow at a CAGR of 6.35%. The assisted living facilities are projected to grow with the highest growth rate of 7.04% to generate revenue of $1.83 billion by 2020.

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Propellers of this market:

  • The growing usage of technology in healthcare to create a cheaper and more accurate healthcare system is the key driving cause.
  • Aging population and rising healthcare costs worldwide
  • The improving awareness among people regarding the importance of health.
  • Increasing long term healthcare facility, and
  • Promising and delivering security to the patients.

SEGMENTATION OF THE NCS MARKET:

By Equipment Type

  • Traditional Nurse Call Systems, Advanced Nurse Communication Systems and Middleware Interfacing Nurse Call Systems.

By Communication Technology

  • Wired Communication Equipment and Wireless Communication Equipment.

By End-use

  • Hospitals, OPD Clinics, Assisted Living Centers and Ambulatory Services.

By Geography

  • North America, Europe, Asia Pacific and Rest of the World (RoW)

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A Brief on the important players:

In 2013, Hill-Rom Holdings Inc., Tyco SimplexGrinnell LP, Ascom Holding AG, Honeywell International, Inc., and Rauland-Borg Corporation jointly held 41% share in the global NCS market in terms of revenue.  Emergence of new start-ups developing NCS coupled with technological advancements will lead to the development of innovative NCS products and solutions. The key players are further expanding their product portfolio to include newer technologies such as wireless NCS, and advanced integrated NCS devices.

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