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Nurse Call Systems Market by Instrument, Technology, Application, End User - Global Forecast to 2021

Nurse Call Systems Market: Global Forecast until 2021

  • September 2016
  • 177 pages
  • ID: 4180620
In this report:
Public expenditure on healthcare in the European Union (EU) is expected to rise from ##% of the GDP in 2014 to ##% by 2030 (Source: World Bank).
According to the U.S. Census Bureau Current Population Survey 2014 Annual Social and Economic Supplement, in 2013, people without health insurance coverage accounted for ##.##% of the U.S. population, whereas the remaining ##.##% were covered under insurance.

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The nurse call systems market is forecasted to reach ~$1.8B by 2021 from ~$1.1B in 2016, at a compound annual growth rate (CAGR) of 9.30 percent. The overall nurse call systems market is divided established on the basis of instruments, technologies, applications, and end users.

On the basis of instruments, the nurse call systems market is divided into buttons, integrated communication systems, mobile systems, and intercom systems. The integrated communication systems segment is forecasted to witness the more significant increase rate during the outlook period from 2016 to 2021. Increase in this industry segment can primarily be attributed to growing number of hospitals integrated with these systems and recent launches of products.

On the basis of technologies, the nurse call systems market is broken down into wired systems and wireless systems. The wired systems segment is intended to account for the most important share of the overall nurse call systems market in 2016. The low-cost and speed of transmission of wired communication are the top factors propelling the increase of this market.

The wireless systems segment is expected to register the more important Compound annual growth rate of 9.90 percent during the forecast period. The main advantages of wireless systems contain easy installation and better compatibility, affordability, efficiency, and convenience as distinguished to wired systems.

Geographically, the nurse call systems market is leaded by, is monopolized by North America continent, succeeded by Europe (EU), Asia area, and the Rest of the globe. The North American area is forecast to account for the biggest share of the overall nurse call systems market in 2016. Increase in the North American segment is primarily driven by the increasing elderly population and the growing incidence of chronic diseases in this area.

Aging population and increasing prevalence of chronic diseases, latest product launches, technological improvements, and rising healthcare expenditure are some main factors driving the increase of the nurse call systems market.

In correspondence to comprehensive geographic and product review and sizing of market, the industry report also offers a competitive analysis that includes the increase strategies approved by sector actors over the last three years. Additionally, the corporation reviews include the product types, advancements, and strategies approved by the key market players to maintain and rise their companies in the industry. The above-mentioned segment research data, current market size, and projection of future trends will facilitate top market players and new sector entrants to make the essential decisions regarding product offerings, geographic focus, change in strategic way and levels of output in order to remain successful in the market.

The top players in the nurse call systems market contain Ascom Holding AG, Hill-Rom Holdings, Incorporated, Tyco International PLC, Honeywell (NYSE:HON), and Rauland-Borg Corporation.

Why acquiring this study can help you:

This business report will allow both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate these companies collect greater segment market share. Companies obtaining the analysis can use any one or an aggregation of the below-mentioned five strategies (sector entry, product improvement/innovative projects, sector development, business diversification, and opposing assessment) for strengthening their market positions.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on the product portfolios of the top actors in the nurse call systems market. The report analyses the nurse call systems market by instruments, technologies, applications, and final users

- Product improvement/Innovative products: In-depth understanding on the next technologies, Research&development activities, and recent product launches in the nurse call systems market

- Opposing assessment: In-depth assessment of the market strategies, geographic and industry segments, and product review of the main players in the nurse call systems market

- Industry development: Highlighted information about emerging sectors. This industry report examines the sector for different nurse call systems across geographies

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the nurse call systems market

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