The global clinical alarm management market is projected to reach USD 5,780.1 million by 2028, growing at a CAGR of 30.6%. Increasing alarm fatigue, up surging elderly population, and growing importance and practice of big data and mHealth tools are some of the factors driving the growth of the global clinical alarm management market.
Adroit Market Research report on global Clinical alarm management market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global clinical alarm management market have been studied in detail.
The global clinical alarm management market is categorized based on product and end-use. On the basis of product, the market is segmented into nurse call systems, physiological monitors, EMR integration systems, bed alarms, ventilators, and others. The nurse call systems dominated the market in 2020. By end-use, the market is segmented into hospitals, long-term care centers, and ambulatory care centers & home care settings. The ambulatory care centers & home care settings segment is anticipated to record the highest CAGR through the forecast period.
North America dominated the market for clinical alarm management in 2020, while Asia-Pacific is set to grow at the highest CAGR in order to advance access to information. Key players of the global clinical alarm management market include Koninklijke Philips, Ascom Holdings, Vocera Communications, Spok, Inc., Connexall, Bernoulli Enterprise, Mobile Heartbeat, Capsule Technologie, GE Healthcare Masimo Corporation among others.
Key segments of the global clinical alarm management market
Product Overview, 2018-2028 (USD Million)
- Nurse call systems
- Physiological monitors
- EMR integration systems
- Bed alarms
End-use Overview, 2018-2028 (USD Million)
- Long-term care centers
- Ambulatory care centers & home care settings
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Asia Pacific
- Rest of the world