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Nurse Call Systems Market size is set to grow by USD 1.78 billion from 2024-2028, Growing geriatric population boost the market, Technavio

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NEW YORK, July 9, 2024 /PRNewswire/ — A nurse call system enables patients to alert nurses or caregivers when they need assistance. The global nurse call systems market is estimated to grow by USD 1786.3 million from 2024-2028, at a CAGR of 13.64%, according to Technavio. This growth is driven by the growing geriatric population and increasing investments in healthcare infrastructure. However, intensifying competition among vendors poses a challenge. Key players include Alpha Communications, Ascom Holding AG, and Honeywell International Inc., among others.

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Nurse Call Systems Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 13.64%

Market growth 2024-2028

USD 1786.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

11.73

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 39%

Key countries

US, China, Germany, UK, and Canada

Key companies profiled

Alpha Communications, AMETEK Inc., Ascom Holding AG, Austco Healthcare Ltd., Baxter International Inc., Bec Integrated Solutions LLC, Carecom Co. Ltd., Caretronic d.o.o., Cornell Communications, Essec Group, Halma Plc, Honeywell International Inc., Jeron Electronic Systems Inc., Johnson Controls International Plc., Securitas AG, System Technologies, TekTone Sound and Signal Mfg. Inc., TigerConnect Inc., Tunstall Healthcare Group Ltd., and West Com Nurse Call Systems Inc.

Market Driver

Nurse call systems have become essential tools for assisted living facilities and hospitals, enhancing patient care efficiency. Their adoption has enabled hospitals to provide better safety and satisfaction levels, reduce operational time, and improve communication between patients and staff. The rising global health challenges, including the COVID-19 pandemic, have led to an increased demand for healthcare facilities. In response, new hospitals and clinical centers have been constructed, equipped with advanced medical devices and nurse call systems to address the growing patient needs. This trend is expected to boost the growth of the global nurse call systems market during the forecast period. 

Nurse call systems have become essential in healthcare facilities, improving patient management and care delivery. These systems enable patients and caregivers to communicate effectively, reducing response time and enhancing patient care. Wanderer control is a significant trend, ensuring the safety of patients with Alzheimer’s or other diseases. High-quality healthcare is crucial for elderly populations dealing with diseases like stroke and cancer. Nurse call systems help manage patient populations, reduce readmissions, and improve workflow efficiency. Healthcare organizations face financial and regulatory risks due to technical glitches and inefficient communication. Solution providers offer integrated communication systems, including mobile and intercom, to address these challenges. Interoperability with electronic medical records and medical devices is essential for older infrastructure and existing software systems. Button-based systems and high-tech solutions cater to various healthcare settings, from hospitals to long-term care facilities and assisted living centers. Ultimately, nurse call systems contribute to high-quality healthcare, improving patient satisfaction and reducing healthcare costs and health insurance premiums. 

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Market Challenges

The global nurse call systems market is highly competitive with a fragmented landscape. Various service providers are expanding into medical device connectivity and life safety system integration. Vendors compete based on service quality, consulting, delivery time, long-term contracts, and historical buyer relationships. New regional players enter the market, offering lower prices, intensifying competition. International vendors respond by setting up local distributors. Mergers and acquisitions, such as Austco Healthcare’s acquisition of Teknocorp Australia’s monitoring services division, increase market concentration and customer bases, driving market growth.The Nurse Call Systems market faces several challenges in various healthcare settings, including nursing centers and home care. Dementia patients require special attention, making it essential to have reliable communication systems. Wired technology and wireless technology have their advantages, but IP-based technology offers greater interconnectivity. Basic button-based systems are sufficient for some facilities, while smartphone integrated systems cater to modern staff needs. IP-based interconnectivity systems streamline workflow efficiencies, reducing paperwork and automating processes. Hospital personnel face burnout and exhaustion, making digital healthcare solutions crucial for hospital admissions, surgeries, and chronic disease management. Mobility is essential for patient care, and reimbursement facilities from Medicare and other insurers impact purchasing decisions. Intelligent bed systems help prevent patient falls, and telecommunication systems improve nurse-patient communication. Nursing staff in healthcare facilities require modality and specialty clinic-specific solutions to meet diverse needs.

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Segment Overview 

This nurse call systems market report extensively covers market segmentation by  

Technology 1.1 Wired systems1.2 Wireless systemsEnd-user 2.1 Hospitals2.2 ASCs/Clinics2.3 Long-term care facilitiesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Wired systems-  Nurse call systems play a crucial role in hospital communication, ensuring patient calls reach the appropriate caregiver. These systems offer opportunities for integration with technologies like VoIP telephony, door access, bed status, fire alarms, and medical gas alarms. Wired nurse call systems, with their reliability and stability, are preferred over wireless systems due to consistent communication and longer lifespan. The dependability and longevity of wired systems are expected to fuel market growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

Nurse call systems have become an essential component of modern healthcare facilities, enabling efficient communication between patients, caregivers, and hospital staff. These systems allow patients to summon assistance with the press of a button, ensuring timely response and enhanced patient care. Wanderer control features help manage and monitor patients with special needs, such as those with Alzheimer’s or dementia, ensuring their safety and wellbeing. Patients in hospitals, nursing homes, senior living facilities, and critical care units benefit from these systems, which enable effective patient management and reduce healthcare costs. Healthcare personnel, including nurses and staff, experience less burnout and exhaustion due to reduced paperwork and automation in healthcare delivery. Nurse call devices have evolved into digital healthcare tools, integrating patient monitoring and assisted care features, providing high-quality healthcare services for the geriatric population and other healthcare settings.

Market Research Overview

Nurse call systems are essential communication tools in healthcare facilities, enabling patients and caregivers to request assistance quickly and efficiently. These systems facilitate enhanced patient care by allowing timely responses to patient needs, reducing the risk of wanderings, and optimizing workflow efficiency. The elderly population, with their unique healthcare requirements due to diseases such as stroke, cancer, and Alzheimer’s, significantly benefits from these systems. Healthcare organizations face financial and regulatory risks in managing patient populations, especially in hospital care quality and long-term care facilities like nursing homes and assisted living centers. Nurse call systems help mitigate these risks by ensuring high-quality healthcare delivery, minimizing hospital readmissions, and optimizing staff workflow. Technical glitches and interoperability issues can cause genuine emergencies and wasted time, leading to financial burdens and healthcare costs. Integrated communication systems, including mobile and intercom systems, IP-based technology, and smartphone-integrated devices, address these challenges by providing rapid response times and seamless alarms and communications. Nurse call systems cater to various healthcare environments, including hospitals, nursing homes, patient monitoring for critical care patients, and assisted care in senior living facilities. The healthcare industry bases its services on these systems to provide digital healthcare solutions, automate workflows, and improve hospital personnel morale by reducing paperwork and burnout. Government initiatives support the adoption of nurse call systems to improve healthcare infrastructure and hospital care quality, ultimately benefiting patients and healthcare organizations.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TechnologyWired SystemsWireless SystemsEnd-userHospitalsASCs/ClinicsLong-term Care FacilitiesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

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Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

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AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

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AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

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SOURCE AMSimpkins & Associates

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Shijingshan: Committed to High-Level Openness

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BEIJING, Sept. 22, 2024 /PRNewswire/ — Following the third plenary session of the 20th Central Committee of the Communist Party of China, China successfully hosted its first national-level international large-scale fair—the China International Fair for Trade in Services (CIFTIS) 2024, which concluded on September 16. The event featured exhibitors from 85 countries and international organizations, participating under their national governments or headquarters, with over 450 Fortune Global 500 companies and industry leaders showcasing their offerings both online and offline.

Adhering to the open, cooperative and mutually beneficial principle, the CIFTIS injects new momentum into global economic development through concrete actions. As one of the “dual venues” for the fair, Shijingshan District hosted a variety of business activities, including exhibitions, negotiations, and conferences. While providing meeting organization services, it showcased the achievements of Shijingshan in fostering openness and development. By leveraging the Fair’s platform, Shijingshan seeks to promote its developmental advantages globally and aims to attract more partners to this welcoming district for mutually beneficial and win-win cooperation.

Presenting Achievements in Open Cooperation and Development in Multiple Dimensions

This CIFTIS’s Shougang Park venue is composed of nine thematic exhibitions, including telecommunications, computer and information services; financial services; culture & tourism services; education services; sports services; supply chain & business services; engineering consulting & construction services; health services; and environmental services. It circles around cultivating new quality productive forces while showcasing the latest achievements, technologies, and applications in the digitalization, intelligentization, and greening of services trade, creating a “debut stage” for global services trade.

Shijingshan leverages its strengths by organizing five thematic exhibitions and four promotional booths on-site. The culture & tourism services exhibition promoted Shijingshan’s rich culture and tourism resources, while also building a support area for paired assistance to highlight its revitalization efforts to a global audience. The financial services exhibition showcased its achievements in economic development across five sectors, that is, sci-tech finance, green finance, inclusive finance, pension finance, and digital finance. The exhibition of telecommunications, computer and information services highlighted the growth of Shijingshan’s the artificial intelligence large model industry cluster and key humanoid robot enterprises. In addition, the primary and secondary school science education experimental zone invited participation from six national-level science education centers, including Shijingshan District, to display their accomplishments. Four schools, including the Beijing National Day School Shijingshan, showcased their scientific research and learning outcomes through visual presentations and videos, while also engaging visitors in interactive science experiments.

The AIES Beijing Open is made up of four competition areas, virtual cycling, virtual rowing, virtual dance, and virtual table tennis. The event welcomed international competitors, domestic professional athletes, high-level amateurs, and university students, while showing the achievements of the “digital + sports” industry. Besides, four promotional booths focused on taxation, justice, investment, and commerce showcases Shijingshan’s tax and judicial policies, offering one-stop policy guidance for participating businesses and visitors. These booths also clarified investment promotion policies, creating a unique event that integrates commerce, tourism, culture, and sports.

Working Together for Global Open Cooperation and Development

The Open Cooperation Forum 2024 was held on the afternoon of September 13. Experts, scholars, government representatives, and business leaders from both domestic and international backgrounds gathered at the Shougang Park to engage in in-depth discussions on promoting high-level open cooperation and supporting regional economic development. Shijingshan District is committed to taking industrial transformation as the strategic foundation for its initiatives, establishing several distinctive industrial parks, including the Intelligent Technology Park, Industrial Internet Park, Virtual Reality Park, Science Fiction Industry Cluster, and Artificial Intelligence Large Model Cluster. What’s more, the district is focusing on new opportunities in future information, future health, future manufacturing, and future space, continually enhancing its innovation capacity, development vitality, economic strength, and overall competitiveness.

It is dedicated to expanding openness as a key driver for integrating into the capital’s new development pattern. The district capitalizes on a range of policy opportunities, including the construction of Beijing’s two zones, effectively leveraging the role of expanding services and deepening economic reforms. It continues to optimize the business environment, actively participates in organizing the CIFTIS, and develops high-standard international cooperation zones to provide a broad platform and efficient services for enterprises to settle and cluster. Shijingshan aims to implement high-level openness to promote high-quality development, enhance mechanisms for foreign openness, innovate and elevate services trade, and align with international economic and trade standards, creating a premier business environment characterized by marketization, rule of law, and internationalization.

Three parallel forums took place during this CIFTIS. With the theme of “Leveraging Overseas Strength for Development • Pursuing Broad Horizons Through Innovation”, the Dream Incubator of Overseas Chinese Beijing Forum set up ten sub-venues abroad, aiming to enhance the involvement of overseas Chinese’s capital and expertise in Beijing’s high-quality development. The Artificial General Intelligence Computility Forum focused on “Releasing New Quality Productive Forces with Unbounded Intelligence and Computational Foundations”, where industry experts and scholars explored new possibilities in artificial general intelligence computility. The Digital Energy Development Forum 2024, themed as “Energizing the Future with Digital Innovation”, showcased a range of quality development achievements and finalized partnerships for several high-quality projects, uniting all parties to advance digital innovation and development.

The rich array of side events is one of the highlights of this CIFTIS. The International Open Cooperation Promotion Conference circled around developing the international open cooperation zone, drawing representatives from international organizations, leading global companies, and prospective businesses seeking to establish a presence in these areas. It centered on the advantages of Shijingshan’s key industries to attract target enterprises. Furthermore, the Roundtable Discussion of Foreign-Funded Enterprises engaged representatives from international organizations, business associations, and foreign-funded companies from countries like Malaysia, Singapore, and France to explore collaboration in aligning with high-standard international economic and trade rules, as well as market access in the service sector, sharing the successes of modernization with Chinese characteristics.

To enhance the consumer experience for attendees of the CIFTIS, Shijingshan has expanded its comprehensive service offerings in areas such as food, accommodation, transportation, tourism, entertainment and shopping. The Second “Here I Am for CIFTIS” Shijingshan Culture and Tourism Carnival has been significantly upgraded, evidenced by the “Divine Beasts Ascend to Immortal Mountain”: Enchanting Night Tour in Shijing Mountain. The “Surprises Await in Shijingshan. Hey There, CIFTIS!” promotional event was held during the 14th Shijingshan Consumption Festival. This included online surprise announcements and a consumption map showcasing quality shopping venues. Special surprise floats were on display, with oversized themed shopping bags distributed. Shopping centers like Joy City, Xirondo Plaza, Modern Plaza, and Chang’an Mills in Shijingshan also launched supporting promotional activities. Business tours in Shijingshan offered three dedicated routes, inviting exhibitors from digital technology, finance and insurance, culture and tourism, and sports related industries to explore relevant industrial parks and attractions for in-depth exchanges.

The China International Fair for Trade in Services 2024 has successfully concluded. Utilizing this platform, Shijingshan has once again showed its high-quality development achievements and favorable business environment to a global audience. We look forward to collaborating with more partners in an open and inclusive manner to create a win-win future.

View original content:https://www.prnewswire.com/news-releases/shijingshan-committed-to-high-level-openness-302254872.html

SOURCE Open Cooperation Forum

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