Nurse Call System Market Detailed In Impact of the COVID-19 Report 2021
Nurse call systems are computerized equipment used in a hospital to notify or alert a primary caregiver to an emergency or critical condition of a patient. The equipment is typically linked to a PDA or cell phone, and is often used for communication between nurses as well as between emergency dispatchers. In terms of the basic hardware, nurse call systems usually include a telephone with an answering machine, two way voice mail, patient interface software, and other features to allow for better patient care. The basic hardware of any system is relatively simple, and it is this simplicity that has helped to make these systems more affordable for smaller facilities.
The global nurse call systems market was valued at US$ 151.9 Mn in 2019 and is forecast to reach a value of US$ 348.1 Mn by 2027 at a CAGR of 11.4% between 2020 and 2027.
Market Drivers:
Rise in aging population to propel growth of the global nurse call systems market over the forecast period. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.
Moreover, growing need for efficient and responsive healthcare communication is again expected to uplift demand for nurse call systems. With the use of nurse call systems, healthcare sector are able to maintain seamless communication and streamlining of nursing activities. Moreover, the system also enable healthcare institutions to prioritize nursing calls based on the emergency and type of request registered by patients.
Nurse Call Integrated Communication Systems held leading position in the global nurse call systems market in 2019, accounting for 70.0% share in terms of value, followed by Nurse Call Mobile Systems and Nurse Call Intercoms, respectively.
Market Restraints:
Factor such as a low adoption of nurse call systems in emerging economies is hindering growth of the global nurse call systems market.
Additionally, shortage of nurses across emerging economies is again expected to limit the market growth. For instance, in April 2019, according to The Center for Disease Dynamics, Economics & Policy’s April 2019 release, India has shortage of an estimated 600,000 doctors and 2 million nurses.
Market Opportunities:
Government are taking initiatives to boost the deployment of healthcare system. This is expected to offer lucrative growth opportunities for players in the global nurse call systems market. For instance, Oman’s Health Vision 2050 aims as adding 7,950 beds, 13,404 physicians (including dentists), and 26,056 nurses between 2017 and 2050 and Saudi Arabia’s Dubai Health Strategy 2016 – 2021 and Dubai Clinical Services Capacity Plan 2015 – 2025 aims at adding over 3,800 beds, nearly 8,300 physicians and 8,800 nurses between 2017 and 2025.
Moreover, installation of policy-based comprehensive nursing services is again expected to foster growth of nurse call systems market. For instance, in July 2020, researchers from Gachon University, South Korea, identified and evaluated the effectiveness of the comprehensive nursing service and demonstrated that the decision to implement policy-based comprehensive nursing services has thus far been beneficial.
Read more: Nurse Call System Market Detailed In Impact of the COVID-19 Report 2021