Nurse Call System Market Size Worth $2.9 Billion by 2027 | CAGR: 11.4%: Grand View Research, Inc.

Nurse Call System Market Size Worth $2.9 Billion by 2027 | CAGR: 11.4%: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, March 12, 2020

SAN FRANCISCO, March 12, 2020 /PRNewswire/ -- The global nurse call systems market size is expected to reach USD 2.9 billion by 2027, expanding at a CAGR of 11.4%, according to a new report by Grand View Research, Inc. Increasing adoption of digital healthcare, growing demand for patient safety and care are expected to boost market growth. In addition, continuous technological advancements to bring new levels of communication enabling the widest range of applications configuration at home care, hospitals, or residential facilities are also expected to increase the demand for the market. In December 2018, Ascom Holdings AG has received the approval certificate from the U.S. Food and Drug Administration (FDA), as class II 510(k), for Digistat Smart Central software solution increasing the scope of the Ascom Healthcare to expand their presence in the U.S. hospitals.

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Key suggestions from the report:

Read 120 page research report with ToC on "Nurse Call Systems Market Size, Share & Trends Analysis Report By Technology (Wired Communication Equipment, Wireless Communication Equipment), By Type, By Application, By End Use, By Region, And Segment Forecasts, 2020 - 2027'' at: https://www.grandviewresearch.com/industry-analysis/nurse-call-system-equipments-industry

With the increasing life expectancy and changing healthcare requirements, the burden on national insurance bodies has increased. Owing to this factor, Medicare penalizes healthcare facilities with hospital readmissions within 30 days. The government is providing funds for research, which can help caregivers to streamline the entire process with the aid of technology. For instance, in April 2015, the American Association of Critical-Care Nurses (AACN) granted USD 160,000 for appropriate and effective use of technology. 

Grand View Research has segmented the global nurse call system market based on technology, type, application, end use, and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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