South Korea Nurse Call Systems Market Size & Outlook
The nurse call systems market in South Korea is expected to reach a projected revenue of US$ 36.5 million by 2030. A compound annual growth rate of 13.7% is expected of South Korea nurse call systems market from 2023 to 2030.
Revenue, 2022 (US$M)
$13.1
Forecast, 2030 (US$M)
$36.5
CAGR, 2023 - 2030
13.7%
Report Coverage
South Korea
South Korea nurse call systems market, 2018-2030 (US$M)
Related Markets
South Korea nurse call systems market highlights
- The South Korea nurse call systems market generated a revenue of USD 13.1 million in 2022 and is expected to reach USD 36.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 13.7% from 2023 to 2030.
- In terms of segment, wired communication equipment was the largest revenue generating technology in 2022.
- Wireless communication equipment is the most lucrative technology segment registering the fastest growth during the forecast period.
Nurse call systems market data book summary
| Market revenue in 2022 | USD 13.1 million |
| Market revenue in 2030 | USD 36.5 million |
| Growth rate | 13.7% (CAGR from 2022 to 2030) |
| Largest segment | Wired communication equipment |
| Fastest growing segment | Wireless communication equipment |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wired communication equipment, Wireless communication equipment |
| Key market players worldwide | Hill-Rom, AMETEK Inc, Honeywell International Inc, Ascom Holding AG, TekTone Sound & Signal Mfg., Inc., STANLEY Healthcare, Critical Alert, West-Com Nurse Call Systems, JNL Technologies, Cornell Communications, Austco Healthcare |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.8% of the global nurse call systems market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan nurse call systems market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 211.9 million by 2030.
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Nurse Call Systems Market Scope
Nurse call systems market segmentation & scope
Nurse Call Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea nurse call systems market size, by technology, 2018-2030 (US$M)
South Korea Nurse Call Systems Market Outlook Share, 2022 & 2030 (US$M)
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