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Asia Pacific Nurse Call Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Equipment ; Technology ; Application ; End User ; and Country

Asia Pacific Nurse Call Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Equipment ; Technology ; Application ; End User ; and Country

  • February 2021
  • 138 pages
  • ID: 6027778
  • Format: PDF
  • The Insight Partners
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The Asia Pacific nurse call systems market is expected to reach US$ 717.75 million by 2027 from US$ 285.86 million in 2019. The market is estimated to grow at a CAGR of 12.1% from 2020-2027.
The growth of the Asia Pacific nurse call systems market is driven by the increasing geriatric population, growing incidence of chronic illnesses, and rising healthcare expenditure across Asia Pacific. However, the high cost of nurse call systems installations hinders the market growth.
The healthcare expenditure has increased drastically across Asia Pacific over the past few years.The ratio of Australia’s health expenditure to gross domestic product (GDP) measures the proportion of total economic activity represented by the health sector.

According to the Australian Institute of Health and Welfare, in 2016-2017, Australia spent nearly US$ 138.7 billion (AUD 181 billion) on healthcare, which is more than US$ 5,674 (AUD 7,400) per person and 10% of overall economic activity. Besides, dementia is the second major reason for death in Australia, accounting for 5.4% of all deaths in males and 10.6% of all deaths in females each year. According to Dementia Australia, in 2018, an estimated 436,366 Australians were suffering from dementia. Presently, an estimated 150 people are diagnosed with dementia each day. The number of new cases of dementia is expected to rise to an estimated 318 people per day by 2025 and above 650 people per day by 2056. Also, India’s expenditure on the healthcare sector has increased from 1.2% of the GDP in 2013-2014 to 1.4% in 2017-2018. According to the data published in The Economic Times, The National Health Policy 2017 predicts increasing government health spending will be 2.5% of the GDP by 2025. The government has also increased state sector health spending to more than 8% of its budget. Thus, the high growth in healthcare expenditure across the Asia Pacific is fuelling the market growth.
The increasing need for remote care and the rising influx of COVID-19 outbreak have resulted in expanding healthcare infrastructure and a demand for better communication systems.Consequently, the nurse call systems market segment is expected to witness significant growth and continued adoption during the COVID-19 pandemic.

The government in Asia pacific countries, such as in India, Australia and others, are taking initiative to meet the demand of nurses and staffs owing to the rising number of COVID-19 cases.For instance, in July 2020, OPERe, a start-up company, offered a smartphone application to hospitals that allows COVID-19 patients to communicate their needs to nurses without physical interaction, possibly helping ward off cluster outbreaks.

Hospital patients usually use the nurse call button when they need something.Even if, COVID-19 patients are admitted in quarantine wards, nurses (who must wear protective gear) make physical interaction with those patients.

This practice may create the chances of virus transmission. Use of nurse call systems helps nurses maintain some distance from patients and prevent the spread of the novel coronavirus among staff. Thus, such continuous developments in Asia Pacific are propelling the market growth in this region.
Based on equipment, the Asia Pacific nurse call systems market is segmented into integrated communications systems, button systems, mobiles systems, and intercom systems. The integrated communications systems segment held the largest share of the market in 2019, and the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on technology, the Asia Pacific nurse call systems market is bifurcated into wired systems and wireless systems. The wired systems segment held a larger share of the market in 2019, whereas the wireless systems segment is anticipated to register a higher CAGR in the market during 2020-2027.
The Asia Pacific nurse call systems market, by application, is segmented into emergency medical alarms, wanderer control, workflow support, and others. The emergency medical alarms segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on end user, the Asia Pacific nurse call systems market is segmented into hospitals, nursing homes & assisted living centers, clinics, and others.In 2019, the hospitals segment held the largest share of the market.

However, the nursing home & assisted living centers segment is anticipated to register the highest CAGR in the market from 2020 to 2027.
A few of the primary and secondary sources referred to while preparing the report on the Asia Pacific nurse call systems market are the Alzheimer’s & Related Disorders Society of India (ARDSI) and Australian Institute of Health and Welfare.

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