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.
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Further key findings
from the report suggest:
·
Wired
communication equipment dominated the market in 2014 owing to the early
adoption of the technology and continuous innovations such as integration Wi-Fi
cordless telephone, IP DECT, and radio pocket pager for greater efficiency and
safety. In August 2014, South Tyneside Hospital installed IPiN Ethernet-based
nurse call system in its accident &emergency units, cardiac wards, and
Special Care Baby Units (SCBUs).
·
Wireless
communication equipment is expected to witness rapid growth. With the
increasing healthcare complexities, the need for integrated nurse call systems
and electronic health records is driving the industry players to launch advanced
solutions. In November 2015, RCare launched its G4 technology with Advanced
Location Protocol (ALP) for senior living facilities. The “I Got It” button
provides a state-of-the-art solution to allow staff to pinpoint locations with
the aid of RCare pendant.
·
In 2014, North
America was the largest regional market owing to the establishment of separate
certification and coding system. Increasing demand for remote patient
monitoring and the subsequent introduction of technologically advanced nurse
call system are amongst key factors for the region’s large share.
·
Europe was the
second largest market in 2014 owing to the separate funding for nursing
technologies and funding for effective patient monitoring devices. The European
Union has funded over USD 558.29 million for the eHealth and mHealth technology
since 1990. Moreover, in June 2015, Innovate UK funded the Oxehealth camera
based patient monitoring study, which captured the real-time movements of
patients to measure the vital signs and alert the staff accordingly.
·
In 2014, the
Hospitals have a majority of the market share owing to the patient flow and the
increasing chronic and emergency case patients. Hospitals are revamping their
older nurse call systems and increasing their budgets pertaining to the funding
infrastructure supporting system integration.
·
Market
participants are constantly evolving the traditional nurse call system and
incorporating newer techniques or devices helping caregivers to provide patient
care effectively. For instance, internet protocol nurse call systems offer a
higher level of integration with wired and wireless technologies. In February
2016, Austco Communication Systems launched Tacera Pulse intelligent solutions
for the clinical business.
·
Key players in
the nurse call system market include Hill-Rom Holding, Inc., Tyco
SimplexGrinnell,Ascom Holding, Honeywell International, Inc., Rauland-Borg
Corporation,TekTone Sound & Signal Mfg., Inc., Stanley Healthcare, Azure
Healthcare, West-Com Nurse Call Systems, Inc., and Critical Alert Systems
LLC.
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About Grand View
Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
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