[136 Pages Report] The global nurse call systems market is projected to reach USD 2.5 billion by 2024 from USD 1.6 billion in 2019, at a CAGR of 9.2% from 2019 to 2024. The emerging economies such as India, China, and Brazil are expected to provide a wide range of opportunities for players in the market, which is driven by growing healthcare infrastructure, vast population pool, rising demand for quality care, and the increasing healthcare spending.
Increasing incidence of Alzheimer’s disease and growing number of assisted living centers
Alzheimer’s disease is a progressive disorder that causes brain cells to waste away (degenerate) and die. Also, it is the most common cause of dementia—a continuous decline in thinking, behavioral, and social skills that disrupt a person’s ability to function independently.
It is estimated that approximately 5.8 million people in the US are suffering from Alzheimer’s, and the number is expected to rise to ~14 million by 2050 One of the major factors responsible for the growth in the prevalence of Alzheimer’s is the rising geriatric population. Geriatric patients suffering from Alzheimer’s require continuous monitoring and care due to the nature of the disease. This necessitates the use of nurse call systems with advanced functionalities, such as wanderer management, RTLS, and emergency medical alarms, for the effective treatment of these patients. Also, the rising prevalence of Alzheimer’s is one of the major factors resulting in a growth in the number of assisted living centers. Currently, in the US, there are around 28,900 assisted living centers with around 1 million licensed beds in the US. The high and increasing number of assisted living centers with large bed capacity will drive the adoption of nurse call systems, as these systems are essential in assisted living centers for providing better care and ensuring the safety to elderly occupants.
Nurse call system market, by Type
Nurse call system market, by Technology
Nurse call system market, by Application
Nurse call system market, by End User
Nurse call system market, by Region
Key Questions Addressed in the Report:
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