Clinical Alarm Management Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theClinical Alarm Management Market?
The rise in alarm fatigue incidents is predicted to spur the development of the clinical alarm management market. ‘Alarm fatigue’ signifies the sensory overstimulation that takes place when healthcare providers are bombarded with too many alarms, resulting in overlooked alarms and delayed reactions. Alarm fatigue has been associated with several patient fatalities. Hospitals are progressively identifying alarm fatigue as a primary safety concern, making alarm management an essential area for enhancement. Clinical alarm management systems aid in alarm administration and alleviating alarm fatigue by employing contemporary clinical communication tools. For example, a study published by the BMJ, a British Medical Association-owned medical journal located in the UK, stated in 2023 that alarm fatigue is a growing problem faced by patients in medical facilities. Factors such as patient movement, improper positioning, and early device removal lead to false alarms. Studies suggest that over 70% of alarms could be incorrect, jeopardizing patient safety. Therefore, the increasing alarm fatigue is leading to more usage of the clinical alarm management system, and thus propelling the clinical alarm management market.
Get Your Free Sample Report Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7876&type=smp
#What Long-Term Growth Rate is Expected for theClinical Alarm Management Market Between 2025 and 2034?
In the past few years, the market size of clinical alarm management has seen swift expansion. The market, valued at $2.83 billion in 2024, is expected to increase to $3.39 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 19.7%. The significant growth witnessed during this period can be traced back to factors such as patient safety issues, regulatory compliance requirements, the growing complexity in healthcare devices, the need to alleviate alarm fatigue, initiatives focused on patient-centered care, and the risk of unwanted incidents.
In the forthcoming years, the market size of clinical alarm management is projected to proliferate remarkably. It is anticipated to attain a worth of $7.85 billion by 2029, growing at a compound annual growth rate (CAGR) of 23.4%. This estimated surge in the forecast period is primarily due to the widening of remote patient management, shifts in population health management, availability of patient engagement solutions, usage of data analytics for alarm optimization, and global preparedness for health emergencies. Some crucial trends surfacing in the forecast period encompass the incorporation of artificial intelligence (AI), advanced analytics and predictive algorithms, synergy and amalgamation with EHRs, wireless and mobile solutions, cybersecurity initiatives, partnerships and collaborations with vendors, and persistent monitoring technologies.
You can Directly Purchase the Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7876
How Are Consumer Market Innovations Shaping the Current and Future Landscape of theClinical Alarm Management Market?
In the clinical alarm management market, major companies are focusing on technological advancements like real-time monitoring systems and predictive analytics to improve patient safety and manage alarm notifications more efficiently in healthcare settings. CENTEGIX is a tech firm with special focus on crisis alert systems, notably their CrisisAlert platform, which augments safety in educational and healthcare institutions via real-time communication and emergency alerts available on wearable devices. For example, in April 2024, CENTEGIX, a company based in the US that offers safety solutions, unveiled CENTEGIX Safety Platform for healthcare facilities and hospital systems. This cloud-integrated solution is designed to enhance incident response rates. Numerous health systems and countless sites utilize CENTEGIX’s digital mapping, live-location capabilities, and user-friendly wearable distress buttons. These enable healthcare administrators to preplan and more quickly react in emergency situations.
Who Are the Key Market Players Influencing the Growth of the Corn and Clinical Alarm Management Industry?
Major companies operating in the clinical alarm management market are Koninklijke Philips NV, GE Healthcare Technologies Inc., Ascom Holdings AG, Spok Holdings Inc., Masimo Corp., Vocera Communications Inc., Medtronic Inc., Dragerwerk AG, Connexall Inc., Mobile Heartbeat LLC, Hill-Rom Services Inc., Cornell Communications Inc., Intercall Systems Inc., Critical Alert Systems LLC, Capsule Technologies Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Baxter International Inc., Johnson Controls International PLC, West-Com Nurse Call Systems Inc., Csinc Inc., Live Sentinel Ltd., Amplion Clinical Communications Inc., Cerner Corporation, Alpha Communications Ltd., Fujian Huanyutong Technology Co. Ltd., Tunstall Group Holdings Ltd., AMETEK Inc., Midmark Corporation, Stanley Healthcare Inc., Bernoulli Health Corp., Extension Healthcare, Alertus Technologies LLC, Everbridge Inc., Intego Systems LLC, Nuvon Inc.
Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/clinical-alarm-management-global-market-report
Which Key Market Segments Comprise the Clinical Alarm Management Market and Drive Its Revenue Growth?
The clinical alarm management market covered in this report is segmented –
1) By Product: Physiological Monitors, Nurse Call Systems, Ventilators, Bed Alarms, Anesthesia Machines, Telemetry Monitors, Feeding Pumps, Other Products
2) By Component: Solutions, Services
3) By End-User: Hospitals And Clinics, Home Care Settings, Ambulatory Care Centers, Long-Term Care Facilities, Specialty Centers
Subsegments:
1) By Physiological Monitors: Heart Rate Monitors, Blood Pressure Monitors, Pulse Oximeters, Multi-parameter Monitors
2) By Nurse Call Systems: Wired Nurse Call Systems, Wireless Nurse Call Systems, Integrated Nurse Call Systems
3) By Ventilators: Mechanical Ventilators, Portable Ventilators, Non-invasive Ventilators
4) By Bed Alarms: Pressure-Sensitive Bed Alarms, Motion Detection Bed Alarms
5) By Anesthesia Machines: General Anesthesia Machines, Regional Anesthesia Machines
6) By Telemetry Monitors: Cardiac Telemetry Monitors, Remote Patient Monitoring Systems
7) By Feeding Pumps: Enteral Feeding Pumps, Syringe Feeding Pumps
8) By Other Products: Smart Wearables, Alarm Management Software
Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=7876&type=smpGlobal Clinical Alarm Management Market, Global Clinical Alarm Management Market Report, Global Clinical Alarm Management Market Trends, Global Clinical Alarm Management Market Size
Browse Through More Reports Similar to the Gobal Clinical Alarm Management Maret 2025, By The Business Research Company:
Management Consulting Services Global Market Report 2024
Clinical Decision Support Systems Global Market Report 2024
Alarm Monitoring Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/alarm-monitoring-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
