Global Nurse Call System Market Size, Share & Growth is Projected to Reach USD 3,045.6 Million by 2027
The continuous modification and up-gradation of technology is a major driver of the nurse call systems market. The major players are constantly improving their products in order to improve patient compliance. Advanced technologies such as internet-protocol-based systems and wireless nurse call devices have significantly reduced the margin of error during patient care, increasing consumer trust and propelling the market growth…
A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global nurse call system market was worth USD 1,676.1 millionin 2020 and is further projected to reach USD 3,045.6 million by 2027, at a CAGR of 8.5% during the forecast period (2021-2027). The global nurse call system market has grown due to several factors, including the rise of in-home healthcare, a low nurse-to-patient ratio, ease of access, and rising work pressure for nurses.Additionally, the increasing adoption of technology, emphasis on proper patient care, and integration of wireless technology are some other factors propelling the growth of the global nurse call system market.
Integration of Latest Technologies is Driving the Growth of the Global Nurse Call System Market
Integration of technology has made life easier for many people across multiple sectors and industries, including nurses. Nurse call systems can address patient- and staff-flow issues in innovative ways to provide better services to the patients. Nurses can also better manage their work and communicate with others to ensure a smooth operation of functions. Additionally, technology integration has enabled are patient-to-staff voice communications, real-time locating systems (RTLSs), integration of electronic health records, and admitting, discharge, and transfer records of patients.
During the ongoing pandemic, the need for improved communication among nurses has come to the forefront once again. Communication among nurses allows them to handle the rush with higher efficiency while also looking after other patients. Hospitals are now working on integrating real-time algorithms with secure mobile applications that are easy to use, adaptable, and supportable. Companies like TekTone Sound & Signal Mfg. Inc.,Hill-Rom, and Jeron Electronic Systems Inc., have already started providing smartphone applications for better communication with and among nurses. The emergence of ArtificialIntelligence (AI) and Machine Learning (ML) is further expected to boost the integration of technology in nurse call systems and drive the growth of the global nurse call systems market during the forecast period.
Low Nurse-to-Patient Ratio is Supporting the Growth of the Global Nurse Call System Market
Every hospitalneeds a sufficientnurse to have a successful healthcare system.A lack of nurses will cause the healthcare system to crumble at a time of need, which was evident with the current pandemic. According to the WHO, the ratio of doctors to the population should be 1 to 1000, whereas the ratio of nurses to the population should be 3 to 1000. According to Indian Institute of Management, Bangalore, there is a shortage of around 18,09,757 nurses in India. In addition, according to the WHO’s “the state of the world’s nursing 2020” report, there was a shortage of around 5.9 million nurses in 2018 with more than 89% of the shortage concentrated in low- and lower middle-income countries.