Nurse Call Systems Market to Register 9% CAGR to 2021
PUNE, India, September 27, 2016 /PRNewswire/ --
The nurse call systems market is expected to reach $1.75 billion by 2021 from $1.12 billion in 2016, at a CAGR of 9.3% dominated by North America while integrated communication systems segment is expected to account for the largest share of the market in the forecast period.
Complete report on global nurse call systems market spread across 175 pages, profiling more than 10 companies and supported with 147 tables and 37 figures is now available at http://www.reportsnreports.com/reports/693838-nurse-call-systems-market-by-instrument-buttons-integrated-communication-systems-intercom-systems-mobile-systems-technology-wired-systems-and-wireless-systems-application-emergency-medical-alarms-workflow-support-wanderer-control-and-other-applications-end-user-hospitals-assisted-living-centers-and-nursing-homes-clinics-and-physician-offices-ambulatory-service-centers-and-other-end-users-global-forecast-to-2021.html .
The global nurse call systems market is segmented based on instruments, technologies, applications, and end users. On the basis of instruments, the nurse call systems market is segmented into buttons, integrated communication systems, mobile systems, and intercom systems. The integrated communication systems segment is projected to witness the highest growth rate during the forecast period from 2016 to 2021. Growth in this segment can primarily be attributed to increasing number of hospitals integrated with these systems and new product launches.
On the basis of technologies, the nurse call systems market is segmented into wired systems and wireless systems. The wired systems segment is expected to account for the largest share of the global nurse call systems market in 2016. The low-cost and speed of transmission of wired communication are the key factors propelling the growth of this market.
The wireless systems segment is estimated to register the highest CAGR of 9.9% during the forecast period. The major advantages of wireless systems include easy installation and better compatibility, affordability, efficiency, and convenience as compared to wired systems.
Geographically, the nurse call systems market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). The North American region is expected to account for the largest share of the global nurse call systems market in 2016. Growth in the North American segment is primarily driven by the growing elderly population and the rising incidence of chronic diseases in this region.
Aging population and rising prevalence of chronic diseases, new product launches, technological advancements, and increasing healthcare expenditure are some major factors driving the growth of the nurse call systems market.
The key players in the nurse call systems market include AscomHolding AG (Switzerland), Hill-Rom Holdings, Inc. (U.S.), Tyco International PLC (U.S.), Honeywell International, Inc. (U.S.), and Rauland-Borg Corporation(U.S.). Order a copy of Nurse Call Systems Market by Instrument (Buttons, Integrated Communication Systems, Intercom Systems, Mobile Systems), Technology (Wired Systems and Wireless Systems), Application (Emergency Medical Alarms, Workflow Support, Wanderer Control, and Other Applications), End User (Hospitals, Assisted Living Centers and Nursing Homes, Clinics and Physician Offices, Ambulatory Service Centers, and Other End Users) - Global Forecast to 2021 http://www.reportsnreports.com/purchase.aspx?name=693838 .
On a related note, another research on Healthcare Supply Chain Management Market Global Forecast to 2021 says, the software segment is expected to account for the largest share of the healthcare supply chain management market, by component, in 2016. North America is expected to account for the largest share of the healthcare supply chain management market in 2016. Market is projected to reach USD 2.22 billion by 2021 from USD 1.45 billion in 2016, growing at a CAGR of 8.9% during the forecast period. Companies like SAP SE, Oracle Corporation, Infor Inc., Global Healthcare Exchange, McKesson Corporation, TECSYS Inc., Jump Technologies, Inc. and LogiTag Systems Ltd. have been profiled in this 169 pages research reports available at http://www.reportsnreports.com/reports/370290-healthcare-supply-chain-management-market-by-product-inventory-management-strategic-sourcing-warehouse-management-order-management-supplier-management-rfid-barcode-delivery-mode-on-premise-cloud-end-user-global-forecast-to-2019.html .
Explore more reports on the medical devices market at http://www.reportsnreports.com/market-research/medical-devices/ .
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