Global nurse call systems market expected to reach $1.5bn by 2020

PHILADELPHIA: A a new market report claims the global market for nurse call systems, in terms of revenue, was valued at $ 598.5m in 2013 and is forecast to grow at a CAGR of 13.9% during the period 2014 to 2020.

The increasing demand for effective healthcare communications and rising budget allocation for healthcare services for elderly population are some key factors driving the growth of global nurse call systems market. In addition, increasing applications of nurse call systems in assisted living facilities are further expected to drive the growth of this market over the forecast period…

Full story covered in the Seniors Housing & Healthcare Trends.

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