Global Clinical Alarm Management Market 2023

Clinical alarm management is a critical aspect of healthcare that involves the monitoring, prioritization, and appropriate response to the multitude of alarms generated by medical devices in clinical settings. These alarms can come from various sources, including patient monitors, infusion pumps, ventilators, and other medical equipment, and are intended to alert healthcare providers to changes in a patient's condition or equipment malfunctions.

The global clinical alarm management market is anticipated to increase by USD 3.1 billion till 2029 at an average annual growth of 20.6 percent as per the latest market estimates. Effective alarm management is essential for patient safety, as excessive or poorly managed alarms can lead to alarm fatigue among healthcare providers, potentially resulting in missed critical alarms and compromising patient care. To address this issue, healthcare facilities are implementing strategies and technologies to improve clinical alarm management.

This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the component, product, end user, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.

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The global market for clinical alarm management can be segmented by component: solutions, services. Globally, the solutions segment made up the largest share of the clinical alarm management market.
Clinical alarm management market is further segmented by product: bed alarms, EMR integration systems, nurse call systems, physiological monitoring systems, ventilators, others. The nurse call systems segment captured the largest share of the market in 2022.
Based on end user, the clinical alarm management market is segmented into: ambulatory care centers, home care settings, hospitals and clinics, long term care facilities, others.
On the basis of region, the clinical alarm management market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the highest share in the global clinical alarm management market. However, Asia-Pacific is forecast to register the highest CAGR during the forecast period 2023 - 2029.

The report also provides a detailed analysis of several leading clinical alarm management market vendors that include Amplion Clinical Communications, Inc., Ascom Holding AG, Baxter International Inc. (Hill-Rom Holdings, Inc.), Connexall, GlobeStar Systems Inc., GE HealthCare Technologies, Inc., Koninklijke Philips N.V., Masimo Corporation, Medtronic plc, Nihon Kohden Corporation, Spok Holdings, Inc., TigerConnect, Inc. (Critical Alert), Vocera Communications, Inc. (Stryker Corporation), West-Com Nurse Call Systems, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Why Choose This Report
Gain a reliable outlook of the global clinical alarm management market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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Market Segments Covered in Global Clinical Alarm Management Industry Analysis:
i.) Component
- Solutions
- Services

ii.) Product
- Bed alarms
- EMR integration systems
- Nurse call systems
- Physiological monitoring systems
- Ventilators
- Others

iii.) End user
- Ambulatory care centers
- Home care settings
- Hospitals and clinics
- Long term care facilities
- Others

iv.) Region
- North America
- Europe
- Asia-Pacific
- MEA (Middle East and Africa)
- Latin America