
Published On: Feb 2021
Published On: Feb 2021
Emergency Medical Alarms Segment Held Largest Share of Application in South and Central America Nurse Call Systems Market in 2019
According to a new market research study of ‘South and Central America Nurse Call Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by equipment, technology, application, and end-user’ the South and Central America nurse call systems market is expected to reach US$ 200.11 million in 2027 from US$ 87.28 million in 2019. The market is estimated to grow with a CAGR of 10.8% from 2020-2027. The report provides trends prevailing in the South and Central America nurse call systems market and the factors driving market along with those that act as hindrances.
Based on the application, the South and Central America the nurse call systems market, is segmented into emergency medical alarms, wanderer control, workflow support, and others. The emergency medical alarms segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period. The emergency medical alarms market growth is expected due to the emergency medical alarms offer advantages to nurses to communicate faster by creating real time alert and response tracking in minimal time, and also helps in two way communication. Moreover, the emergency alarms also improve the work efficiency and helps in reducing the healthcare costs.
The growth of this market is estimated to grow owing to key driving factors such as the growing number of cases of Alzheimer’s and dementia and the rising government expenditure on healthcare. However, the market growth is likely to be hindered owing to the problems associated with nurse call systems market.
Ascom Holding AG, Critical Alert Systems, Siemens are among the leading companies operating in the South and Central America nurse call systems market.
The report segments South and Central America Nurse Call Systems Market as Follows:
By Equipment
By Country