Sound Masking Systems Market : Revenues to Go Up In The Forthcoming Years (SARS-CoV-2, Covid-19 Analysis)

Posted June 23, 2020 by MarketsFutureHere

Sound Masking Systems Market : Revenues to Go Up In The Forthcoming Years (SARS-CoV-2, Covid-19 Analysis)

Sound Masking Systems Market

The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Sound Masking Systems Market. The growth sectors of the Sound Masking Systems Market are identified with precision for a better growth perspective.

The global sound masking system market is estimated to reach USD 171.38 million by 2025 at a CAGR 4.8% during the forecast period (2019–2025)

Growing adoption of sound masking system in the healthcare industry is expected to fuel the growth of the global sound masking system market. There are various sources in hospitals that produce unwanted sounds in hospital environments, such as alarms, machines, beepers, HVAC systems, conversations, and rolling carts. These can cause annoyance may be severely harmful to patients, depending on their medical conditions (i.e., hearing ability, age, medication intake, and pre-existing anxieties and fears). A poor acoustical condition in hospitals can negatively impact the patient’s physical conditions and may further worsen patient health. Also, if patients are not assured of their privacy, they may show reluctance to provide complete information about their medical concerns or conditions to doctors, possibly putting their health condition at a greater risk. Therefore, the acoustics in a healthcare environment requires careful strategic designing to avoid such problems. The specific acoustical factors include supporting patient privacy and well-being; meeting standards and regulations of hospitals; and supporting confidential communication among hospital personnel. These acoustical factors need to be considered during the healthcare facility centers. The adoption of sound masking system in the healthcare industry provides a comfortable acoustic environment ensuring safety, privacy, and health of all occupants. Additionally, maintaining speech privacy with the sound masking system in the healthcare environment helps to minimize medical errors as it supports open discussions among patients, doctors, and families that influence patient satisfaction. In this regard, the adoption of sound masking systems in the healthcare industry helps to improve acoustic privacy for patients.

Competitive Analysis

The prominent players profiled in the sound masking system market include Cambridge Sound Management (US), K.R. Moeller Associates Ltd (Canada), Soundmask Global Pty Ltd (Australia), Speech Privacy Systems (US), AtlasIED (US), AET (UK), SoftDB (Canada), Lencore (US), Jade Communications Inc.(US), Pro Circuit Inc. (US), and Dukane AV Inc. (US).

Segmental Analysis

The sound masking system market segment has been categorized into type and application.

Based on type, the sound masking system market has been segmented into networked and non-networked.

Application-based segmentation of sound masking system market comprises hospitals & healthcare, hotels, offices, education, and others.

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Sound Masking System Market by Type, Size and Forecast – 2025 | MRFR
Sound Masking System Market is probable to expand at 4.8% CAGR with a market value of 171.38…

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Issued By MRFR
Country United States
Categories Software , Technology , Telecom
Tags Sound Masking Systems Market , Sound Masking System Market , Sound Masking System
Last Updated June 23, 2020