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
Hospitals and Clinics
ASCs/Clinics
Long Term Care Facilities
Outpatient department
Assisted living facilities (ALF)
Ambulatory care services
Skilled nursing facilities (SNF)
Nurse Call Integrated Communication Systems
Nurse Call Buttons
Nurse Call Mobile Systems
Nurse Call Intercoms
Alarms & Communications
Workflow Optimization
Wanderer Control
Fall Detection & Prevention
Nurse Call Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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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