The emerging economies such as India, China, and Brazil are expected to provide a wide range of opportunities for players in the market, which is driven by growing healthcare infrastructure, vast population pool, rising demand for quality care, and the increasing healthcare spending.
The global nurse call systems market is projected to reach USD 2.5 billion by 2024 from USD 1.6 billion in 2019, at a CAGR of 9.2% from 2019 to 2024.
Market Dynamics
+ Drivers
+ Ease of Communication and Diverse Applications of Nurse Call Systems
+ Technological Advancements in Nurse Call Systems
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The alarms & communications segment dominated this market in 2019. This segment is expected to have the highest growth as well. Factors attributing for their growth are increased patient safety, essential devices in a healthcare setting, ease of communication between patient and care giver, increased patient satisfaction and reducing risk in healthcare environment.
The hospitals & ambulatory surgery centers (ASCs) segment accounted for the largest market share as these systems are used in healthcare facilities to enhance patient satisfaction, improve quality of care, and increase the productivity of caregivers. Furthermore, these systems are used widely by hospitals and healthcare providers for ensuring streamlined communication between patients and clinicians and optimal patient safety, making them the largest segment.
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