Global Nurse Call Systems Market to Reach $2.78 Billion by 2025
DUBLIN, Aug. 7, 2020 /PRNewswire/ -- The "Nurse Call Systems Market by Type (Button, Integrated Communication System, Intercom, Mobile System), Technology (Wired, Wireless), Application (Alarm & Communication, Workflow Optimization, Fall detector), End User - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global nurse call systems market is projected to reach USD 2,780.6 million by 2025 from USD 1,774.6 million in 2020, at a CAGR of 9.4% from 2020 to 2025.
The growth of the market is driven primarily by factors such as ease of communication, diverse applications of nurse call systems, and technological advancements in nurse call systems. Increasing incidence of Alzheimer's disease and a growing number of assisted living centers are other key drivers of the market. Developing economies are expected to provide a wide range of growth opportunities for players in the market.
North America dominated the nurse call system market in 2019
North America, which includes the US, Canada & Mexico, accounted for the largest share of the nurse call system market. The growing awareness and demand for nurse call systems, strict regulatory norms, improving healthcare infrastructure, and the presence of major manufacturers in the region, is expected to drive the market demand.
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