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The mounting occurrence of chronic diseases and the development of a complete nurse call system solution are also facilitating the growth of the nurse call systems market.
Elevated price in the implementation of nurse call systems, lack of skilled healthcare IT professional, interoperability and integration issues, and the strict regulatory environment are the major challenges for the growth of nurse call systems market.
Globally, the manufacturing companies trying to enter the nurse call systems market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.
Asia-Pacific is observed to witness the fastest growth in the market, due to expanding the geriatric population. In addition, the mounting occurrence of diabetes, and mounting healthcare expenditure are also creating a positive impact on the nurse call systems market growth in the region.
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Key players in the nurse call systems market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In July 2018, Azure Healthcare Ltd partnered with Ideacom Mid-America, a distributor of healthcare communication solutions in the American Midwest, to provide and support Austco nurse call solutions. Ascom Holding AG, Honeywell International, Inc., Tektone Sound & Signal Mfg., Inc., Hill-ROM Holdings, Inc., Siemens AG, Azure Healthcare Limited, and Schrack Seconet AG are the key players offering nurse call systems.
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