South and Central America Nurse Call Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Equipment ; Technology ; Application ; End User ; and Country

South and Central America Nurse Call Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Equipment ; Technology ; Application ; End User ; and Country

  • February 2021 •
  • 121 pages •
  • Report ID: 6027871 •
  • Format: PDF
The South and Central America nurse call systems market is expected to reach US$ 200.11 million by 2027 from US$ 87.23 million in 2019. The market is estimated to grow at a CAGR of 10.8% from 2020-2027.
The growth of the South and Central America nurse call systems market is driven by the growing incidence of Alzheimer’s disease and dementia and rising expenditure by government on healthcare. However, the problems associated with nurse call systems hinder the growth of the market.
South and Central America is experiencing a rapid growth in geriatric population, which is leading to the advanced medical systems transformation.It is increasingly putting pressure on the sustainability of its healthcare system.

According to Alzheimer’s Association, in Brazil, more than 1 million people are suffering from some form of dementia.At present, there are no treatments to stop Alzheimer’s disease from progressing, but there are medications to treat dementia symptoms.

So, the rising number of dementia cases have eventually increased the usage of the nurse call systems in the country.Moreover, non-trained family members or cleaning ladies take care of the elderly population.

The rapidly aging population, smaller families, higher labor participation of women, and traffic problems in the big cities make it ascertain to look for technology-friendly alternatives for care by the family, such as homecare, e-health consulting, sensors & mobile devices, and apps. Across the world, at least 44 million people are suffering from dementia. According to Alzheimer’s Association, Alzheimer’s is the fifth leading cause of death in Argentina, which affects more than 300,000 Argentinians. In the early stage, dementia symptoms are minimal, but as the disease progresses more damage is caused to the brain and the symptoms deteriorates. Individuals who sustain repeated brain injuries, such as athletes and those in combat, are also at a higher risk of developing dementia and impairment of thinking skills. Hence, the growing number of cases of Alzheimer’s and dementia are increasing the nursing care demand.
COVID-19 is catalyzing the nurse call systems market’s growth as the patient flow rises at an alarming level, particularly in the US, Brazil, and India.In this epidemic, healthcare providers are adopting systems to facilitate communication.

For instance, Moinhos de Vento Hospital (HMV), a private hospital in southern Brazil, prepared for the COVID-19 outbreak, formed a dedicated committee to plan for increased capacity demands and decreased revenue, and adhered to more strict screening and infection control criteria.HMV participates in the significant public-private partnership program in the Brazilian health sector (PROADI-SUS) and four other private philanthropic hospitals considered centers of excellence by the Ministry of Health.

This participation enabled the institution’s top management to access the Ministry’s main plans and its information on the urgency of the global situation.The number of COVID-19 patients is rising across the region.

In this scenario, the nurse call system has been helping patients to call for assistance; therefore, the demand for nurse call systems is increasing.
Based on equipment, the South and Central America nurse call systems market is segmented into integrated communications systems, button systems, mobiles systems, and intercom systems. The integrated communications systems segment held the largest share of the market in 2019, and the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on technology, the South and Central America nurse call systems market is bifurcated into wired systems and wireless systems. The wired systems segment held a larger share of the market in 2019, whereas the wireless systems segment is anticipated to register a higher CAGR in the market during 2020-2027.
Based on application, the South and Central America 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, and the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on end user, the South and Central America nurse call systems market is segmented into hospitals, nursing homes & assisted living centers, clinics, and others. In 2019, the hospitals segment held the largest share of the market, whereas the nursing home & assisted living centers segment is anticipated to register the highest CAGR in the market from 2020 to 2027.
A few of the primary and secondary sources referred to while preparing the report on the South and Central America nurse call systems market are the Alzheimer’s Association, Brazil, and The Latin America and Caribbean Region (LAC).
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