An Emerging Market with Attractive Growth Opportunities in Nurse Call Systems Market

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The emerging economies such as India, China, and Brazil are expected to provide a wide range of opportunities for players in the market, which is driven by growing healthcare infrastructure, vast population pool, rising demand for quality care, and the increasing healthcare spending.

The global nurse call systems market is projected to reach $2.5 billion by 2024 from $1.6 billion in 2019, at a CAGR of 9.2% from 2019 to 2024.

Ease of communication and diverse applications of nurse call systems

Nurse call systems play a major role in effective communication in healthcare facilities. These systems enable streamlined, customized communication among patients, clinicians, and caregivers to enhance patient satisfaction and improve the quality of care.

With the introduction of smart digital devices, nursing workflows are simplified by enabling them to have intra- and inter-team communication and patient-triggered calls. Owing to these advantages, nurse call systems have become an integral part of a hospital’s communication system.

In acute care settings, where patient transfers between departments are handed off to different care teams, it is critical that caregivers have quick access to each other and are able to share information in a secure way. Furthermore, many a times, patients do not necessarily require a nurse to attend them at the bedside or room, but a simple verbal communication between both parties is able to pacify their concerns or answer their questions. Nurse call systems with audio functionalities provide these feature, and in turn, help increase patient satisfaction, reduce false alarms, and increase the efficiency of nurses (as a result of the reduced stress levels).

Nurse call systems can offer various functionalities, emergency medical alarms, wanderer control, workflow optimization, fall prevention and detection, and monitoring the accountability of the nursing/care staff. Also, ease of data availability for key healthcare personnel and departments is another major advantage offered by nurse call systems. With the development of integrated healthcare communications technologies, healthcare personnel such as nurse managers can access nurse call system data remotely as required. This enables managers to review report data, send text messages to staff, view patient call activity, and make staff-to-patient assignments on the go. Other departments that are not associated directly with nurse calls can also benefit from the ability to remotely access nurse call system information. For instance, the housekeeping department can get an immediate view of bed status and use that information to respond quickly to a need to prepare beds and rooms for new patients. As a result of these advantages, the adoption and implementation of nurse call systems is increasing in various facilities, such as acute care hospitals, skilled care facilities, nursing homes, assisted living & long-term care facilities, and clinics.

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Increasing incidence of Alzheimer’s disease and growing number of assisted living centers

Alzheimer’s disease is a progressive disorder that causes brain cells to waste away (degenerate) and die. Also, it is the most common cause of dementia—a continuous decline in thinking, behavioral, and social skills that disrupt a person’s ability to function independently.

It is estimated that approximately 5.8 million people in the US are suffering from Alzheimer’s, and the number is expected to rise to ~14 million by 2050 One of the major factors responsible for the growth in the prevalence of Alzheimer’s is the rising geriatric population. Geriatric patients suffering from Alzheimer’s require continuous monitoring and care due to the nature of the disease. This necessitates the use of nurse call systems with advanced functionalities, such as wanderer management, RTLS, and emergency medical alarms, for the effective treatment of these patients. Also, the rising prevalence of Alzheimer’s is one of the major factors resulting in a growth in the number of assisted living centers. Currently, in the US, there are around 28,900 assisted living centers with around 1 million licensed beds in the US. The high and increasing number of assisted living centers with large bed capacity will drive the adoption of nurse call systems, as these systems are essential in assisted living centers for providing better care and ensuring the safety to elderly occupants.

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Asia Pacific to grow at the highest rate during the forecast period (2019–2024)

The nurse call system market in Asia Pacific is expected to grow at a high pace in the coming years. The factors attributing for the high growth of the Asia Pacific region are increasing government initiatives for healthcare digitalization, rising geriatric population, a growing number of assisted living centers/long-term facilities, rise in healthcare expenditure, expansion of the healthcare infrastructure, and developing medical tourism. However, the North American and European markets will account for a large share due to mature economies and the presence of major players in the region.

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Beitrag von auf 10. Oktober 2019. Abgelegt unter Gesundheit. Nachricht folgen durch RSS 2.0. Nachricht hinterlassen oder Trackback

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