Nurse Call Systems Market Expected to Reach US$ 1,579.5 Million by 2020 Globally: Transparency Market Research

Albany, NY, Feb. 10, 2015 (GLOBE NEWSWIRE) -- According to a new market report published by Transparency Market Research "Nurse Call Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020," the global market for nurse call systems, in terms of revenue, was valued at US$ 598.5 Mn in 2013 and is forecast to grow at a CAGR of 13.9% during the period 2014 to 2020. The increasing demand for effective healthcare communications and rising budget allocation for healthcare services for elderly population are some key factors driving the growth of global nurse call systems market. In addition, increasing applications of nurse call systems in assisted living facilities are further expected to drive the growth of this market over the forecast period.

Browse Full Market Research of Nurse Call Systems Market : http://www.transparencymarketresearch.com/nurse-call-system-equipment-market.html

Based on equipment type, the nurse call integrated communication systems market held the largest share of around 75% in terms of revenue in 2013. Other equipment types namely, nurse call buttons, nurse call intercoms, and nurse call mobile systems are expected to grow at a significant rate during the period 2014 to 2020. Factors such as increasing penetration of mobile systems and rising need for higher mobility and flexibility are expected to drive the growth of nurse call mobile systems market.

By end-use, hospitals held the largest share of nearly 74% of the overall nurse call systems market in terms of revenue in 2013. With the increasing adoption of nurse call integrated communication systems, substantial amount of revenue is generated in the acute care segment in the overall nurse call systems market. Moreover, incorporation of advanced technologies such as real-time location systems (RTLS) and electronic medical records (EMR) has enabled nurse call system providers to offer a comprehensive healthcare communication solution. Increasing demand for higher flexibility and mobility has led to the increasing adoption of nurse call mobile systems across various healthcare settings.

Get Sample Report Copy OR For further inquiries, click here : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2173

Developed markets including North America and Europe led the global nurse call systems market in 2013. North America held the largest share of about 38% in 2013 of the overall nurse call systems market due to significant adoption by both acute care and assisted living facilities. With the increasing adoption of nurse call systems in various healthcare settings in the region, the market in Asia Pacific is expected to be the fastest growing during the forecast period. On account of increasing demand from countries such as China, India, Japan and Singapore, the Asia Pacific nurse call systems market is expected to grow at a CAGR of 17.6% during the forecast period 2014 to 2020. Furthermore, the rapidly emerging assisted living segment in Asia Pacific through wireless solutions is anticipated to be the key to gaining significant market share in the region during the forecast period.

Browse Press Release of Nurse Call Systems Market: http://www.transparencymarketresearch.com/pressrelease/nurse-call-system-equipment-market.htm

The Global Nurse Call Systems Marketcomprises numerous players offering various nurse call solutions. With the increasing demand for enhanced mobility and flexibility, key players offer a wide range of nurse call systems solutions to fit specific customer requirements. The key players in the nurse call systems market include Rauland-Borg Corporation, Hill-Rom Holdings, Inc., Ascom Holding AG, Azure Healthcare Limited, Stanley Healthcare, Tyco SimplexGrinnell, Cornell Communications, Inc., Jeron Electronic Systems, Inc., TekTone Sound & Signal Mfg., Inc., Vigil Health Solutions, Inc. and Critical Alert Systems LLC.

Other Reports By Transparency Market Research :

The Global Nurse Call Systems Markethas been segmented as follows :

Nurse Call Systems Market, by Equipment Type

  • Nurse Call Buttons
  • Nurse Call Intercoms
  • Nurse Call Mobile Systems
  • Nurse Call Integrated Communication Systems

Nurse Call Systems Market, by Communication Technology

  • Wired Communication Equipment
  • Wireless Communication Equipment

Nurse Call Systems Market, by End-use

  • Hospitals
  • OPD Clinics
  • Assisted Living Centers
  • Ambulatory Services

Nurse Call Systems Market, by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Browse All Other Technology Market Research Reports : http://www.transparencymarketresearch.com/technology-market-reports-8.html

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

CONTACT: Mr. Atil Chaudhari State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/

Source:Transparency Market Research