Global Clinical Alarm Management Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Clinical Alarm Management Market is presumed to reach the market size of nearly USD 11.5 Billion by 2032 from USD 3.25 Billion in 2023 with a CAGR of 15.06% under the study period 2024-2032.

Clinical alarm management refers to the process of identifying, prioritizing, and managing the alarms that are generated by medical devices and systems in a clinical setting. Clinical alarms are alerts that are triggered by devices present in the patient's room, such as ventilators, infusion pumps, and cardiac monitors, to indicate a change in a patient's condition. Alarm fatigue is a serious concern in healthcare settings, as the excessive number of alarms can lead to staff ignoring or silencing alarms, potentially leading to patient harm or even death.

MARKET DYNAMICS

The safety of the patient is the top priority for healthcare providers, and reducing the risk of harm from clinical alarms is an important part of this effort. Clinical alarm management solutions can help to improve patient safety by reducing the incidence of false alarms and ensuring that critical alarms are responded to promptly. The usage of electronic health records (EHRs) has increased in recent years, and this has led to a greater reliance on medical devices that generate alarms. Clinical alarm management solutions can help to integrate and manage these alarms within the EHR system. Regulatory bodies, i.e. Joint Commission and FDA, have issued guidelines and recommendations for managing clinical alarms. Healthcare providers must comply with these regulations, and clinical alarm management solutions can help to facilitate compliance. Advances in technology, such as machine learning and artificial intelligence, are making it possible to develop more sophisticated clinical alarm management solutions. These solutions can help to reduce the number of false alarms, prioritize alarms based on clinical significance, and streamline alarm response. The demand for patient monitoring devices is increasing as it leads to improved patient outcomes and reduced healthcare costs. Clinical alarm management solutions can help to manage the alarms generated by these devices and improve patient safety.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Clinical Alarm Management. The growth and trends of Clinical Alarm Management industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Clinical Alarm Management market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product

Nurse Call Systems
Software
Hardware/Systems
Services

By Type

Centralized Alarm Management Solutions
Decentralized/Distributed Alarm Management Solutions

By Deployment Mode

On-Premise
Cloud-Based
Hybrid

By End User

Hospitals & Surgical Centers
Maternity Care Centers & Fertility Centers
Home Care Settings
Long-Term & Tertiary Care Centers
Trauma And Emergency Care Centers
Ambulatory Care Centers & Opds
Other End Users

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Clinical Alarm Management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Clinical Alarm Management market include Koninklijke Philips N.V. (Netherlands), DreGerwerk AG & Co. KGaA (Germany), Baxter International Inc. (US), Stryker (Vocera Communications) (US), GE Healthcare (US), Ascom Holdings AG (Switzerland), Spok Inc. (US), Masimo (US), Connexall (Canada), Cornell Communications (US), Mobile Heartbeat (US), Shenzhen Mindray Bio-Medical Electronics Co. Ltd. (China), Intercall Systems Inc. (US), Medtronic Plc (Ireland), Johnson Controls (Ireland), West-Com Nurse Call Systems (US), Oracle (Cerner Corporation) (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR112110777

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. CLINICAL ALARM MANAGEMENT - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product
- 3.7.2 Market Attractiveness Analysis By Type
- 3.7.3 Market Attractiveness Analysis By Deployment Mode
- 3.7.4 Market Attractiveness Analysis By End User
- 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL CLINICAL ALARM MANAGEMENT MARKET ANALYSIS BY PRODUCT

5.1. Overview By Product
5.2. Historical and Forecast Data Analysis By Product
5.3. Nurse Call Systems Historic and Forecast Sales By Regions
5.4. Software Historic and Forecast Sales By Regions
5.5. Hardware/Systems Historic and Forecast Sales By Regions
5.6. Services Historic and Forecast Sales By Regions

6. GLOBAL CLINICAL ALARM MANAGEMENT MARKET ANALYSIS BY TYPE

6.1. Overview By Type
6.2. Historical and Forecast Data Analysis By Type
6.3. Centralized Alarm Management Solutions Historic and Forecast Sales By Regions
6.4. Decentralized/Distributed Alarm Management Solutions Historic and Forecast Sales By Regions

7. GLOBAL CLINICAL ALARM MANAGEMENT MARKET ANALYSIS BY DEPLOYMENT MODE

7.1. Overview By Deployment Mode
7.2. Historical and Forecast Data Analysis By Deployment Mode
7.3. On-Premise Historic and Forecast Sales By Regions
7.4. Cloud-Based Historic and Forecast Sales By Regions
7.5. Hybrid Historic and Forecast Sales By Regions

8. GLOBAL CLINICAL ALARM MANAGEMENT MARKET ANALYSIS BY END USER

8.1. Overview By End User
8.2. Historical and Forecast Data Analysis By End User
8.3. Hospitals & Surgical Centers Historic and Forecast Sales By Regions
8.4. Maternity Care Centers & Fertility Centers Historic and Forecast Sales By Regions
8.5. Home Care Settings Historic and Forecast Sales By Regions
8.6. Long-Term & Tertiary Care Centers Historic and Forecast Sales By Regions
8.7. Trauma And Emergency Care Centers Historic and Forecast Sales By Regions
8.8. Ambulatory Care Centers & Opds Historic and Forecast Sales By Regions
8.9. Other End Users Historic and Forecast Sales By Regions

9. GLOBAL CLINICAL ALARM MANAGEMENT MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE CLINICAL ALARM MANAGEMENT COMPANIES

10.1. Clinical Alarm Management Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11. COMPANY PROFILES OF CLINICAL ALARM MANAGEMENT INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Market Concentration Rate
11.3. Koninklijke Philips N.V. (Netherlands)
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
11.4. DreGerwerk AG & Co. KGaA (Germany)
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
11.5. Baxter International Inc. (US)
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
11.6. Stryker (Vocera Communications) (US)
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
11.7. GE Healthcare (US)
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
11.8. Ascom Holdings AG (Switzerland)
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
11.9. Spok Inc. (US)
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
11.10. Masimo (US)
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
11.11. Connexall (Canada)
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
11.12. Cornell Communications (US)
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments
11.13. Mobile Heartbeat (US)
- 11.13.1 Company Overview
- 11.13.2 Company Revenue
- 11.13.3 Products
- 11.13.4 Recent Developments
11.14. Shenzhen Mindray Bio-Medical Electronics Co. Ltd. (China)
- 11.14.1 Company Overview
- 11.14.2 Company Revenue
- 11.14.3 Products
- 11.14.4 Recent Developments
11.15. Intercall Systems Inc. (US)
- 11.15.1 Company Overview
- 11.15.2 Company Revenue
- 11.15.3 Products
- 11.15.4 Recent Developments
11.16. Medtronic Plc (Ireland)
- 11.16.1 Company Overview
- 11.16.2 Company Revenue
- 11.16.3 Products
- 11.16.4 Recent Developments
11.17. Johnson Controls (Ireland)
- 11.17.1 Company Overview
- 11.17.2 Company Revenue
- 11.17.3 Products
- 11.17.4 Recent Developments
11.18. West-Com Nurse Call Systems (US)
- 11.18.1 Company Overview
- 11.18.2 Company Revenue
- 11.18.3 Products
- 11.18.4 Recent Developments
11.19. Oracle (Cerner Corporation) (US)
- 11.19.1 Company Overview
- 11.19.2 Company Revenue
- 11.19.3 Products
- 11.19.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies