Nurse Call System Market Worth $1.8 Billion By 2022
The global nurse call system market is expected to reach USD 1.8 billion by 2022, according to a new report by Grand View Research, Inc. The decreasing reimbursement coverage, government penalties for hospital readmissions and the increasing support for digital healthcare are expected to drive the demand for nurse call system market. Additionally, technological advancements pertaining to introduce the next level of communication enabling the wide range of applications configuration to the hospitals, home care, and residential facilities are also expected to upsurge the demand for the nurse call system market. In April 2015, Mircom launched MiCare wireless nurse call system. The system was designed to enable its integration with the cloud technology. It had a unique mesh technology, which could be customized depending on the needs of the facilities. With the increasing life expectancy and changing healthcare requirements, the burden on national insurance bodies is constantly increasing. Owing to aforementioned factors, Medicare penalizes healthcare facilities which has hospital readmissions within 30days. The government is providing funds for research, which can help caregivers to streamline the entire process with the aid of technology. For instance, in April 2015, the American Association of Critical-Care Nurses (AACN) granted USD 160,000 pertaining to the appropriate and effective use of such technologies.