Nurse Call Systems Market to Reach US $1,579.5 Million by 2020 at 13.9% CAGR from 2014 to 2020

Nurse Call Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020

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Albany, NY -- (SBWire) -- 07/22/2015 --Transparency Market Research has recently published a market study on the global nurse call systems market , estimating the market to expand at a healthy CAGR of 13.9% between 2014 and 2020 and record an increment from US$598.50 million in 2014 to US$1,579.50 million by 2020.The research report is titled "Nurse Call Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020".The report classifies the global nurse call systems market based on the types of equipment into the markets for nurse call buttons, intercoms, mobile systems, and integrated communication systems. Among these, the market for integrated communication systems captured almost 75% of the overall revenue generated in the global nurse call systems market in 2013. With the rising penetration of mobile systems owing to the high demand for mobile solutions, coupled with the increasing requirement for advanced mobility and flexibility, the market for nurse call mobile systems is projected to register significant growth during the period of forecast.

Browse the full Nurse Call Systems Market report at
http://www.transparencymarketresearch.com/nurse-call-system-equipment-market.html

Based on communication technology, the nurse call systems market is segmented into the markets for wired communication equipment and wireless communication equipment, whereas by end users, the market is categorized into hospitals, assisted living centers, OPD clinics, and ambulatory services. In 2013, the market for wired nurse call communication equipment occupied the biggest share of the overall market, while by end users, hospitals held almost 74% of the overall revenue generated in the global nurse call systems market the same year.According to the report, the nurse call systems market in North America acquired the first position in the global market, with a 38% share of the overall revenue generated in the global market in 2013. The European market for nurse call systems stood second in terms of revenue the same year. However, the economic slowdown in Europe has resulted in a reduction in public expenditure, which is impacting this regional market significantly.

On the other hand, rise in uptake of nurse call systems in the Asia Pacific medical and healthcare industry has resulted in exceptional growth of this market in Asia Pacific. Owing to this, Analysts expect this regional market to report the fastest growth, at a CAGR of 17.6% over the forecast period. The rise in demand for nurse call systems from India, China, Singapore, and Japan and the emergence of the market for assisted living through wireless solutions in the region are likely to be key reasons for this growth, the report states.The report also reviews the company profiles of the major participants of the market for nurse call systems across the globe. Ascom Holding AG, Hill-Rom Holdings, Inc., Azure Healthcare Ltd., and Rauland-Borg Corp. have been determined as the leading players in this market, while Cornell Communications, Inc., Tyco SimplexGrinnell, Jeron Electronic Systems, Inc., TekTone Sound & Signal Mfg. Inc., Critical Alert Systems LLC, Vigil Health Solutions, Inc., and Stanley Healthcare have been identified as other prominent players in this report.

Browse the full Nurse Call Systems Market Press Release report at
http://www.transparencymarketresearch.com/pressrelease/nurse-call-system-equipment-market.htm

The global nurse call systems market is segmented into:

By Equipment Type

Nurse Call Buttons
Nurse Call Intercoms
Nurse Call Mobile Systems
Nurse Call Integrated Communication Systems

By Communication Technology

Wired Communication Equipment
Wireless Communication Equipment

By End Users

Hospitals
OPD Clinics
Assisted Living Centers
Ambulatory Services

By Geography

North America
Europe
Asia Pacific
Rest of the World (RoW)

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http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2173

About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Transparency Market Research
518-618-1030
http://www.transparencymarketresearch.com/nurse-call-system-equipment-market.html

View this press release online at: http://rwire.com/612204