Increasing Expenditure Per Hospital Bed and Rising Demand for Elderly Care Are Expected to Drive the European Nurse Call Systems Market

Press Release

SAN ANTONIO, Oct. 18, 2016 (GLOBE NEWSWIRE) -- Verify Markets’ analysis of the European Nurse Call Systems Market shows that the market was valued at over $370 million in sales for 2015. Increasing demand for more technologies to achieve enhanced workflow integration in some of the developed markets including Germany, France, Austria and Switzerland is expected to drive the growth in the European nurse call systems market. In addition, factors such as rising trend of independent living and increasing demand for healthcare services for the elderly population are expected to drive the market in the assisted living segment in Europe.

Factors such as flattened growth in the number of hospital beds, economic slowdown in some of the major countries, along with increasing financial constraints on hospital systems, pose major challenges to the growth of Europe nurse call systems market. Furthermore, tendency to deploy cheaper systems in countries such as the UK, Italy and Spain further restrain the growth in this market. Various other macro-economic factors including government restrictions regulating the nurse call systems market along with key purchasing trends were accounted for while mapping key markets in the European region.

This study provides market sizing and revenue forecasts for various types of nurse call systems including basic audio/visual systems, intercoms, wireless systems, and advanced digital and IP-based solutions. Disparate economic conditions accompanied with varying purchasing trends in key markets in the region made it imperative to size and assess these markets based on the adoption and popularity of various types of systems, depending on the technological awareness and availability of advanced solution in individual countries. A bottom-up approach was employed while building market numbers and forecasting for individual countries in the European region.

The key global companies in this market include: Honeywell International, Inc. (Ackermann), Ascom Wireless Solutions, Schrack Seconet AG, Static Systems Group Plc., Legrand SA, Tunstall Healthcare Group, and Azure Healthcare Limited. Some of the other companies considered in this report included Wandsworth Group Limited, Courtney-Thorne Ltd., Tyco Integrated Fire & Security, Televic Group NV., and Medicare Systems Ltd, among others.

This report provides an in-depth analysis of the nurse call systems market in key countries including Germany, the United Kingdom, France, Italy and Spain. The report captures the growth drivers, restraints, trends, market analysis, supplier landscape, latest developments and provides strategic recommendations. The base year of the study is 2015 and revenue forecasts are provided up to 2022. A copy of the European Nurse Call Systems Market research report can be obtained athttp://www.verifymarkets.com.

Contact: Haley Rico	
Phone: 210-595-9687
Email: haley@verifymarkets.com