The Asia-Pacific nurse call systems market size is forecasted to witness a CAGR of 9.18% between 2023 to 2028 and worth USD 626.70 million by 2028 from USD 403.9 million in 2023.
The APAC Nurse Call systems market is expected to grow significantly growing due to various communication and patient monitoring purposes. In the APAC region's current market scenario, a growing awareness of patient monitoring nurse call devices increases market growth. The demand for these devices has been increased more in emerging countries such as India and China. Diverse applications of nurse call systems and the adoption of technologies in nurse call systems are accelerating the market growth. The nurse call systems enable customized communication between patients and nurses, clinicians and caregivers for better patient satisfaction. The nurse call systems have become an integral part of the hospital's communication systems due to their beneficial factors. Also, rising work pressure and the diminishing number of patients to nurse ratio is lead to the acceleration in demand for the nurse call systems in the healthcare market.
However, the growing need for workforce optimization in hospitals and critical care centers could lead to market growth. On the other hand, the rising government healthcare infrastructure, the proliferation of chronic diseases, and the acceleration of the aging population in Asian countries are most likely to create market growth. Improving the safety and efficacy of the patients is further increases the market growth. The market players are provided multiple growth opportunities to the APAC region's market players, projected to boost the nurse call systems' revenue.
The effectiveness of the nurse call systems is primarily dependent on the hardware, software, and staff training levels in a healthcare facility. Also, these systems involve high costs for implementation, which is a high burden to underdeveloped countries. Furthermore, stringent government regulations of Asian countries on the nurse call systems impede the market growth.
Impact of COVID-19 on the APAC Nurse Call Systems Market:
The effect of COVID-19 has negatively impacted the market growth during the earlier period of 2020. COVID-19 originated in the Asian country, i.e., China, and it has spread to the entire APAC region and world. Asian countries have implemented countrywide lockdown, which had resulted in the downfall of the market. The supply chain of these systems has been disrupted due to the ban on transportation and flights. However, the surge in the COVID-19 positive cases has increased the demand for nurse call systems.
The large patient pool requires monitoring the condition, which has accelerated the nurse call systems' need. Manufacturers in the industry have continued producing these nurse call systems to meet the growing demand levels. Consequently, the market is to witness significant market growth with the continued adoption during the COVID-19 pandemic period.
This research report on the APAC nurse call systems market has been segmented and sub-segmented into the following categories.
By Type:
By Technology:
By Application:
By End User:
By Country:
Geographically, the APAC nurse call systems market is expected to account for a significant market share in the global market during the forecast period. Growing awareness in the Asian countries and demand for nurse call systems create market growth in this region.
In regional market growth, China dominated the nurse call systems market with the most considerable revenue share. The Chinese market is anticipated to grow further due to the improving healthcare infrastructure, and China witnessed significant manufacturers in this region.
The Indian market is one of the fastest-growing regions in the APAC region in nurse call systems. India is most likely to grow at a healthy rate due to the growing importance of accreditation from healthcare regulatory authorities in hospitals. Domestic manufacturers in India aim for supremacy in the parent country to fascinate domestic consumers, boosting market revenue.
The Japanese market forecasted to account for a substantial market share of nurse call systems during the forecast period. The market growth depends on the rising chronic diseases and growing healthcare expenditure in this region.
KEY MARKET PLAYERS:
Ascom Holding AG, Honeywell International Inc., Siemens, Austco Healthcare, STANLEY Healthcare, Critical Alert Systems, and Rauland are some of the noteworthy companies operating in the APAC nurse call systems market.
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