Nurse Call System Market to Register a CAGR of 9.8% During 2017–2025
Progressive Markets has recently published a report on the healthcare sector, titled, “Global Nurse Call System Market- Size, Trend, Share, Opportunity Analysis, and Forecast 2014-2025”. According to it, the global nurse call system industry is anticipated to rise at a CAGR of 9.8% during the period, 2017–2025. The research offers comprehensive analysis of factors that drive or impede growth of the industry. This aids stakeholder to recognize top investment pockets.
The study offers introduction of the global nurse call system market in terms of scope. It includes Porter’s Five Forces Analysis (PFFA) to provide insightful information of competition in the industry. It analyzes certain parameters, such as power to bargain by suppliers & buyers and threat by substitutes & new entrepreneurs. In addition, it incorporates summary of the industry. These include trend analysis, recent development, competitive landscape, and market attractiveness. The research divides the industry into types, technologies, applications, end-users, and geographies.
According to the report, the global nurse call system market finds application in emergency medical alarms, wanderer control, and workflow support. It bifurcates the industry on the basis of technology into wired systems and wireless system. It segments types of the market into buttons, integrated communication systems, mobile systems, and intercom systems. Regionally, it classifies the industry into Latin America Middle East & Africa (LAMEA), Asia-Pacific, Europe, and North America. Its end-users include hospitals, nursing homes, ambulatory service centers, and clinics and physician offices. It also assesses market share of types, technologies, end-users, applications, and geographies for the period, 2014–2025. Further, the research evaluates industry size of each application, type, technology, and end-user by region for the historic period as well as forecast period, 2014–2016 and 2017–2025, respectively. It also explores factors that drive progress of the market, such as technological advancements.
The experts discuss alternative factors that propel growth of the global nurse call system market. These include increase in chronic diseases, geriatric population, and private & public hospitals. Moreover, the study describes factors that hamper growth of the industry, such as strict government norms for the industry. It also describes top manufacturers of the industry. These include Ascom Holding AG, Hill-Rom Holdings, Inc., Tyco International Plc, Honeywell International Inc., Azure Healthcare Ltd., Rauland-Borg Corporation, Vigil Health Solutions Inc., Cornell Communications, Inc., Stanley Healthcare Solutions, and Critical Alert Systems, LLC.
The report assesses abovementioned companies of the global nurse call system market based on criterions set, such as recent advancements by each manufacturer. It also explores finance and business segment of every vendor. Apart from this, it also offers a brief introduction of every big market player. In addition, the research offers several key takeaways of the industry which include competitive intelligence within geographical boundaries of the market. It aids new entrants to have an in-depth understanding of consumer behavior as well as industry dynamics.