The Nurse Call Systems Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com
The Nurse Call Systems Market 2019-2024
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Press Release According to the new market research report by IndustryARC titled “Nurse Call Systems (NCS) Market : By Type (Traditional NCS, Advanced NCS, Middleware Interfaced NCS); By End Users (Hospitals & Clinics, Senior Living Facilities and Assisted Living Facilities); By Geography – Forecast (2018-2023) ”, the market is set to register healthy growth due to the presence of large number of hospitals, and by improving technological advancements. Browse 84 Market Tables, 179 Figures spread through 147 slides and an in-depth TOC on “Nurse Call Systems (NCS) Market (2018 - 2023)” https://industryarc.com/Report/1312/Nurse-Call-Systems-Market-Analysis-Report.html North America continues to lead the market share during 2018-2023. North America is dominating the Nurse Call Systems Market, with a share of $4.353 billion in 2017 at a CAGR of 5.80%, and is projected to reach $6.105 billion by 2023. The presence of large number of hospitals and healthcare facilities is the biggest driving factor for traditional nurse call systems market in this region. According to the WHO, 30.85% of the globally registered hospitals are in the Americas. Moreover, the rapidly aging population in the U.S., Canada and Mexico will drive the need for efficient emergency medical alarms in hospitals and assisted living facilities. Asia-Pacific market will show significant share in the global nurse call systems market, with revenue of $1.939 billion in 2017 and growing at a highest CAGR of 12.21% to reach $3.868 billion by 2023. Asia-Pacific is the most promising region globally for nurse call systems. Few factors which have a positive impact on the market in this region are: rapidly aging population driving the demand for efficient emergency monitoring systems, increased healthcare expenditure by governments across different countries in this region, and technological advancements making latest wireless nurse call systems highly affordable and accessible. Selected / Sample Analysis done in the full Report: The quality of nurse call systems manufactured depends on both the components used and the technologies adopted. There is very less scope for innovation in traditional nurse call systems. However, the newer systems are integrated with other healthcare devices and use latest technologies. Once the design, product features, specifications and patent filing are finished, either through its own R&D activities or licensing agreements with research institutes or universities, the company starts the manufacturing process. The company procures a variety of raw materials and electronic components from suppliers, or produces its own components. It then manufactures the NCS either at their own factory, or outsources the production process to a third-party manufacturer. Sometimes, these NCS are also integrated with other smart devices / integrated communication systems and wireless nurse communication devices such as radios and pagers. This requires the company to develop or collaborate with other companies to provide software compatible with its product for integrating these devices. The finished products, nurse call systems, are then distributed to wholesalers or retailers through global or regional distributors which then reach the end-users such as hospitals, assisted living and senior living facilities. These systems are also sometimes integrated with other portable communication devices and healthcare monitoring devices, based on the requirements of the end-users. Excerpts on Market Growth Factors Mentioned in the Full Report:
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Availability of reimbursements from private and government health insurers is the major factor driving large scale adoption of NCS devices. The presence of the large number of hospitals and healthcare facilities is the biggest driving factor for traditional nurse call systems market in North American region. Increased penetration of smart-phones and their growing use by health-care professionals for emergency communication is also projected to drive significant growth for the market. The reimbursement policies implemented by government across various countries are the most important driver that will drive robust growth for the NCS market in the next coming years. Key Players of the Nurse Call Systems Market: The nurse call systems market was dominated by Hill-Rom Holdings Inc., Tyco SimplexGrinnell LP, Ascom Holding AG, Honeywell International, Inc., and Rauland-Borg Corporation. Tyco SimplexGrinnell and Hill-Rom Holdings are the two companies that hold the largest share in the global NCS market, in terms of revenue. These companies have also invested significant amount of R&D for expanding and improving their product portfolio. Hill-Rom invested around 4% of its total revenue on development of innovative products, integrated nurse call system technology in particular. Browse Related Reports: Medical Alert Systems Market:By Type (Landline, Mobile, Standalone); By End User (Home, Senior Living Facilities, Assisted Living Facilities); By Components (Wireless Transmitter, Fall Detection Sensor, GSM, GPS, Microphone) & Geography- Forecast (2018-2023) https://industryarc.com/Report/98/medical-alert-devices-market.html
Personal Emergency Response Systems (PERS) Market: By Device (Landline-based PERS, Mobile PERS and Standalone Devices); By End-User (Home-based, Senior Living Facilities and Assisted Living Facilities); By Components (Smoke Detectors, Fall Detection Sensors, Flood Detectors, Bed Sensors, Pull-Cord Residential); By Geography - Forecast(2018-2023) https://industryarc.com/Report/1316/Personal-Emergency-Response-Systems-market About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc
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Table of Contents 1. Nurse Call System Market - Overview 1.1. Definitions and Scope 2. Nurse Call System Market - Executive summary 2.1. Market Revenue, Market Size and Key Trends by Company 2.2. Key Trends by type of Application 2.3. Key Trends segmented by Geography 3. Nurse Call System Market 3.1. Comparative analysis 3.1.1. Product Benchmarking - Top 10 companies 3.1.2. Top 5 Financials Analysis 3.1.3. Market Value split by Top 10 companies 3.1.4. Patent Analysis - Top 10 companies 3.1.5. Pricing Analysis 4. Nurse Call System Market Forces 4.1. Drivers 4.2. Constraints 4.3. Challenges 4.4. Porters five force model 4.4.1. Bargaining power of suppliers 4.4.2. Bargaining powers of customers 4.4.3. Threat of new entrants 4.4.4. Rivalry among existing players 4.4.5. Threat of substitutes 5. Nurse Call System Market -Strategic analysis 5.1. Value chain analysis 5.2. Opportunities analysis 5.3. Product life cycle 6. Nurse Call System Market– By Type (Market Size -$Million / $Billion) 6.1. Segment type Size and Market Share Analysis 6.2. Application Revenue and Trends 6.3. Segment Analysis by Type 6.3.1. Traditional NCS 6.3.2. Advanced NCS 6.3.3. Middleware Interfaced NCS 7. Nurse Call System Market– By Technology (Market Size -$Million / $Billion) 7.1. Segment type Size and Market Share Analysis 7.2. Application Revenue and Trends 7.3. Segment Analysis by Type 7.3.1. Wired System devices 7.3.1.1. Light domes and audible alarms 7.3.1.2. Pillow speakers 7.3.1.3. Fall detection device 7.3.1.4. Others 7.3.2. Wireless System 7.3.2.1. Mobile phones 7.3.2.2. Tablets 7.3.2.3. Pagers 7.3.2.4. Laptop 8. Nurse Call System Market – By Equipment (Market Size -$Million / $Billion)
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8.1. Button System 8.2. Intercom System 8.3. Mobile System 8.4. Integrated Communication system 8.5. Basic Audio/Visual NCS 8.6. Hallway Communication System 8.7. Corridor or Intermediate Station Lights 8.8. Central Console 8.9. Room stations 9. Nurse Call System Market– By Application (Market Size -$Million / $Billion) 9.1. Emergency Medical Alarms 9.2. Wanderer Control 9.3. Workflow Support and others 9.4. Data Paging 9.5. Security monitoring 9.6. Others 10. Nurse Call System Market– By End user (Market Size -$Million / $Billion) 10.1. Segment type Size and Market Share Analysis 10.2. Application Revenue and Trends 10.3. Application Segment Analysis by Type 10.3.1. Hospitals 10.3.2. Ambulatory Surgical Centers 10.3.3. Clinics 10.3.4. Medical Assisted Living Centers 10.3.5. Nursing Homes 10.3.6. Out Patient Departments 10.3.7. Others 11. Nurse Call System - By Geography (Market Size -$Million / $Billion) 11.1. Nurse Call System Market - North America Segment Research 11.2. North America Market Research (Million / $Billion) 11.2.1. Segment type Size and Market Size Analysis 11.2.2. Revenue and Trends 11.2.3. Application Revenue and Trends by type of Application 11.2.4. Company Revenue and Product Analysis 11.2.5. North America Product type and Application Market Size 11.2.5.1. U.S. 11.2.5.2. Canada 11.2.5.3. Mexico 11.2.5.4. Rest of North America 11.3. Nurse Call System - South America Segment Research 11.4. South America Market Research (Market Size -$Million / $Billion) 11.4.1. Segment type Size and Market Size Analysis 11.4.2. Revenue and Trends 11.4.3. Application Revenue and Trends by type of Application 11.4.4. Company Revenue and Product Analysis 11.4.5. South America Product type and Application Market Size 11.4.5.1. Brazil 11.4.5.2. Venezuela 11.4.5.3. Argentina 11.4.5.4. Ecuador 11.4.5.5. Peru 11.4.5.6. Colombia 11.4.5.7. Costa Rica 11.4.5.8. Rest of South America 11.5. Nurse Call System - Europe Segment Research 11.6. Europe Market Research (Market Size -$Million / $Billion) 11.6.1. Segment type Size and Market Size Analysis 11.6.2. Revenue and Trends
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11.6.3. Application Revenue and Trends by type of Application 11.6.4. Company Revenue and Product Analysis 11.6.5. Europe Segment Product type and Application Market Size 11.6.5.1. U.K 11.6.5.2. Germany 11.6.5.3. Italy 11.6.5.4. France 11.6.5.5. Netherlands 11.6.5.6. Belgium 11.6.5.7. Spain 11.6.5.8. Denmark 11.6.5.9. Rest of Europe 11.7. Nurse Call System – APAC Segment Research 11.8. APAC Market Research (Market Size -$Million / $Billion) 11.8.1. Segment type Size and Market Size Analysis 11.8.2. Revenue and Trends 11.8.3. Application Revenue and Trends by type of Application 11.8.4. Company Revenue and Product Analysis 11.8.5. APAC Segment – Product type and Application Market Size 11.8.5.1. China 11.8.5.2. Australia 11.8.5.3. Japan 11.8.5.4. South Korea 11.8.5.5. India 11.8.5.6. Taiwan 11.8.5.7. Malaysia 12. Nurse Call System Market - Entropy 12.1. New product launches 12.2. M&A's, collaborations, JVs and partnerships 13. Nurse Call System Market – Industry / Segment Competition landscape 13.1. Market Share Analysis 13.1.1. Market Share by Country- Top companies 13.1.2. Market Share by Region- Top 10 companies 13.1.3. Market Share by type of Application – Top 10 companies 13.1.4. Market Share by type of Product / Product category- Top 10 companies 13.1.5. Market Share at global level- Top 10 companies 13.1.6. Best Practises for companies 14. Nurse Call System Market – Key Company List by Country 15. Nurse Call System Market Company Analysis 15.1. Market Share, Company Revenue, Products, M&A, Developments 15.2. Hill-Rom Holdings Inc 15.3. Tyco SimplexGrinnell LP 15.4. Ascom Holding AG 15.5. Honeywell International 15.6. Rauland-Borg Corporation 15.7. Company 6 15.8. Company 7 15.9. Company 8 15.10. Company 9 15.11. Company 10 and more "*Financials would be provided on a best efforts basis for private companies" 16. Nurse Call System Market -Appendix 16.1. Abbreviations 16.2. Sources 17. Nurse Call System Market -Methodology 17.1. Research Methodology 17.1.1. Company Expert Interviews 17.1.2. Industry Databases
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17.1.3. Associations 17.1.4. Company News 17.1.5. Company Annual Reports 17.1.6. Application Trends 17.1.7. New Products and Product database 17.1.8. Company Transcripts 17.1.9. R&D Trends 17.1.10. Key Opinion Leaders Interviews 17.1.11. Supply and Demand Trends
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