The global nurse call system is set to reach $1.6 billion by 2020.
Here are five things to know:
1. The market is expected to grow at a CAGR of nearly 14 percent between 2015 and 2020.
2. A growing awareness among healthcare facilities about advanced technology has spurred the market for nurse call systems around the globe.
3. A growing geriatric population and a rising number of healthcare facilities in emerging economies are expected to fuel the market’s growth.
4. The market is segmented into nurse call buttons, nurse call intercoms, nurse call mobile systems and nurse call integrated communication systems.
5. Key vendors in the market include Ascom Holding, Rauland-Borg, Hill-Rom Holdings, Cornell Communications, Jeron Electronic Systems, Tyco SimplexGrinnell, TekTone Sound & Signal, Vigil Health Solutions, Critical Alert Systems, Stanley Healthcare and Azure Healthcare Limited.
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