Product Launches& Upgrades—Major Growth Strategies Adopted by Key Players in the Nurse Call System sMarket
The nurse call systems market is projected to reach $2.7 billion by 2025 from $1.7 billion in 2020, at a CAGR of 9.4% from 2020 to 2025.A nurse call systems is an emergency response instrument, which is an efficient and effective tool for communication between patients and hospital staff.
The nurse call system is a fragmented market and is dominated by various players. The major players operating in this market are Rauland-Borg Corporation (A division of AMETEK.Inc.) (US), Hill-Rom Holdings, Inc. (US), Ascom (Switzerland), Ackermann by Honeywell (Germany), and Jeron Electronic Systems Inc. (US).
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Rauland-Borg Corporation (A division of AMETEK.Inc.) (US)
Rauland is the leading player in the nurse call systems market with the largest share. The company has a strong brand recognition with a strong history of around more than 90 years in the manufacturing domain of electronics. The acquisition of the company by Ametek in February 2017, further strengthen the position of the company due to theextensive geographical presence of the parent company. This has helped Rauland to expand its business to different geographies. Furthermore, Rauland is one of the pioneers of nurse call systems and has high brand recognition along with market expertize. The company holds this leading position due to its widespread distribution network, which exclusively supplies Rauland systems in their geographical region. This gives the company an edge over its competitors and helps in maintaining its leading position in the nurse call systems market.
Hill- Rom Holdings, Inc. (US)
Hill Rom accounted for the second-largest share of the nurse call systems market in 2019. Hill-Rom is a major global manufacturer and provider of medical technologies and related services for the healthcare industry. Its product portfolio for nurse call systems products includes Nurse Communications, Hand-Hygiene, Device Connectivity, and Perinatal Monitoring nurse call systems. NaviCare is used for supporting clinical solutions and applications, including nurse call, asset tracking, staff and patient locating, and hand-hygiene monitoring. Hill-Rom has a broad product portfolio of clinical workflow solutions, which provides it an edge over its competitors. The company consistently focuses on R&D to remain competitive in this market. Furthermore, the prominent position of the company can be attributed to its robust product line, including hospital beds and smart beds, which has nurse call systems integrated into them. As the company offers both bed and nurse call systems, the company has an edge over its competitors. The company operates in more than 100 countries across the globe based on clinical expertise and resulting product clinical utility. Hill-Rom has an extensive reach across its customers through its sales, distribution, and services facilities.
Ascom (Switzerland)
Ascom (Switzerland) had the third-largest market share for the nurse call systems market in 2019. The company has subsidiaries in 19 countries. Its subsidiaries include Integrated Wireless and United Medical Software (UMS). The Company mainly focuses on Wireless Solutions and Network Testing. The company offers critical alarms, on-site wireless telephone and messaging systems, laboratory services solutions, medical technical alarms, personal safety systems, handsets for radiology services, and technical alarms for the healthcare industry. The company is a global leader in providing a wide range of nurse call systems products such as Ascom Smartphone, Ascom IP-DECT, Ascom Telecare IP, Ascom Telligence, Ascom Unite, Ascom Paging, and Ascom VoWiFi. The company significantly invests in R&D to launch technologically advanced products in the market. Moreover, it is continually improving the quality of its patient systems, including the planned and ongoing development of a next-generation nurse call platform. Furthermore, the company relies on partnerships with prominent medical devices manufacturers for providing its solutions as an addition to their products, which increases the adaptability of Ascom’s product line.
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Nurse Call Systems Market by Type (Button,Integrated Communication System,Intercom,Mobile System),Technology (Wired,Wireless), Application (Alarm & Communication,WorkflowOptimization,Fall detector),End User - Global Forecast to 2025
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