Nurse call system market to reach $1.8B — 5 things to know

The worldwide nurse call system is projected to reach $1.8 billion by 2022, a Grand View Research report found.

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Here are five things to know:

1. Declining reimbursement and increasing penalties for hospital readmissions are expected to fuel the market’s growth.

2. More digital healthcare support as well as technological advancements will also spur the nurse call system market’s growth.

3. North America held the largest regional market share in 2014.

4. In 2014, Europe had the second largest market share. Europe has invested more than $558.29 million in eHealth and mHealth technology since 1990.

5. The market’s key players include Hill-Rom, Tyco SimplexGrinnell, Ascom, Honeywell, Rauland-Borg, TekTone Sound & Single, Stanley Healthcare, Azure Healthcare, West-Com Nurse Call Systems and Critical Alert Systems.

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