
Asia Pacific Emergency Call Systems Market
No. of Pages: 101 | Report Code: BMIRE00030240 | Category: Technology, Media and Telecommunications
No. of Pages: 101 | Report Code: BMIRE00030240 | Category: Technology, Media and Telecommunications
The Asia Pacific emergency call systems market was valued at US$ 660.45 million in 2022 and is expected to reach US$ 1,569.76 million by 2030; it is estimated to register a CAGR of 11.4% from 2022 to 2030.
Adoption of Digital Solutions in Healthcare Boosts Asia Pacific Emergency Call Systems Market
Digital solutions are transforming the way medical practitioners identify and treat illnesses such as cancer, diabetes, and mental health issues. To increase everyone's access to digital health, nations must now invest in digital health platforms and technology. Digital health applications (apps) can be used to empower patients and strengthen their relationships with healthcare practitioners, which specifically helps them in better self-management and reduces concerns during joint decision-making. In the best-case scenario, shared decision-making between conventional care can become the new standard due to digitalization contributing to a general cultural shift toward collaborative care. As a result, patients can use them easily and comfortably to get fast medical help. The leading providers focused on providing more integrated nurse call systems due to the growing need for nurse call systems' mobility. In January 2021, Austco was awarded a contract worth AUD 1.3 million to update the Tacera Nurse Call platform implemented at the 400-bed Jurong Community Hospital and the 700-bed Ng Teng Fong General Hospital (NTFGH) (JCH). With interfaces with JurongHealth's Code Blue Platform, all beds will have the Tacera technology, enabling the fastest Code Blue rapid response of any hospital in Singapore. Hospitals primarily focus on prevention, disease management, and appropriate clinical interventions. The specialized services support people suffering from a range of rare and complex conditions. They often involve treatments for patients with genetic disorders, rare cancers, or complex medical or surgical conditions. Specified or age-related conditions such as ophthalmic and orthopedic conditions, neurological disorders, and others require special attention and specified care. Hence, the need for nurse call systems is greater in specialty hospitals. Thus, the adoption of digital healthcare and rising preference for specialized treatments hold several growth opportunities in the emergency cell system market.
Asia Pacific Emergency Call Systems Market Overview
According to research published by the National Aged Population Office in the Future Trends of Population Aging in China, by 2021, the country recorded approximately 248 million older adults, accounting for 17.17% of the overall population. Also, people aged 80 years or above will account for 30.6 million, taking a share of 12.37% of the total aged population in China. The unique characteristics of the aging population were witnessed in China, which has the largest aged population in the world compared to other developed nations.
In China, Alzheimer's is seen as an unavoidable and natural part of aging instead of a disease. According to data published in South China Morning Post Publishers Ltd., approximately a million people in China are diagnosed every year with Alzheimer's, and by 2050, the number of Alzheimer's patients in China is projected to reach 45 million, i.e., almost half the total population across the globe. Thus, due to the abovementioned factors, the market for emergency call systems is likely to witness remarkable growth during the forecast period.
Asia Pacific Emergency Call Systems Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Asia Pacific Emergency Call Systems provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 660.45 Million |
Market Size by 2030 | US$ 1,569.76 Million |
Global CAGR (2022 - 2030) | 11.4% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Application
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
The geographic scope of the Asia Pacific Emergency Call Systems refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. Hill-Rom Holdings Inc
2. GE HealthCare Technologies Inc
3. Mircom Technologies Ltd
4. Talius Group Ltd
5. Ascom Holding AG
The Asia Pacific Emergency Call Systems Market is valued at US$ 660.45 Million in 2022, it is projected to reach US$ 1,569.76 Million by 2030.
As per our report Asia Pacific Emergency Call Systems Market, the market size is valued at US$ 660.45 Million in 2022, projecting it to reach US$ 1,569.76 Million by 2030. This translates to a CAGR of approximately 11.4% during the forecast period.
The Asia Pacific Emergency Call Systems Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Emergency Call Systems Market report:
The Asia Pacific Emergency Call Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Emergency Call Systems Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Emergency Call Systems Market value chain can benefit from the information contained in a comprehensive market report.