Northbrook, IL 60062 -- (SBWIRE) -- 12/16/2022 -- The Global Clinical Alarm Management Market by Component (Software, Services), Product (Nurse Call Systems, Physiological Monitors, EMR Integration, Ventilators), End User (Hospitals, Long Term Care Centers, Ambulatory, Home Care Centers) - Global Forecasts to 2027. The global clinical alarm management market is projected to reach USD 5.4 billion by 2027 from USD 3.3 billion in 2022, at a CAGR of 10.4% during the forecast period. The increasing demand for healthcare and the rising patient population have resulted in a higher frequency of alarms, regardless of priority. This results in alarm fatigue. Alarm fatigue is the major factor driving the adoption of clinical alarm management systems and solutions as safety initiatives for healthcare providers. Clinical Alarm has potential to cut costs and facilitate better patient management, given the rising disease prevalence and growing geriatric population, is a key contributor to market growth.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69939577

Browse in-depth TOC on "Clinical Alarm Management Market"

116 – Tables
37 – Figures
184 – Pages

Key Market Player

Prominent players in this market are Koninklijke Philips N.V. (Netherlands), Vocera Communications (US), GE Healthcare (US), Ascom (Switzerland), Spok, Inc. (US), Masimo (US), Connexall (Canada), Capsule Technologies, Inc. (US), Cornell Communications (US), Mobile Heartbeat (US), Drägerwerk AG & Co. KGaA (Germany), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Baxter (US), Intercall Systems Inc. (US), Medtronic (Ireland), Johnson Controls (Ireland), West-Com Nurse Call Systems (US), Critical Alert (US), CSinc (India), Live Sentinel (US), Amplion Clinical Communications, Inc. (US), Cerner Corporation (US), Alpha Communications (US), Fujian Huanyutong Technology Co., Ltd. (China), and Tunstall Group (UK).

Koninklijke Philips N.V. ranks first in the clinical alarm management market. The company is one of the leading clinical technology companies engaged in diagnostic imaging, image-guided therapy, patient monitoring, health informatics, and consumer health and home care. Philips Healthcare operates as a subsidiary of Koninklijke Philips. The company offers alarm management solutions through the Connected Care business segment. Koninklijke Philips operates in over 100 countries worldwide.

Dräger ranks second in the clinical alarm management market. Dräger is an international leader in the field of medical and safety technology. The company operates through two business segments, namely, Medical and Safety. The Medical business segment offers anesthesia workstations, ventilators for intensive and emergency care, patient monitoring solutions, alarm management solutions as well as neonatal care equipment for premature babies and newborns. The company has its presence in 190 countries and maintains sales and service companies in 50 countries.

Johnson Controls is also a leading player in the clinical alarm management market. Johnson Controls provides security products and services, fire detection and suppression products and services, and life safety products. In 2016, the company acquired Tyco International plc (Ireland). Tyco offers its products under the SimplexGrinnell, Sensormatic, Wormald, Ansul, Simplex, Scott, and ADT brands to commercial, industrial, retail, small business, institutional, and government customers.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=69939577

"North America to dominate the Clinical alarm management market in 2022"

The biggest market share for clinical alarm management was held by North America. The large share of this region can be attributed to the rise in alarm fatigue cases and government initiatives to mitigate its effects, as well as the expanding demand for integrated healthcare IT systems to guarantee dependability, effective data maintenance, data integrity, and prompt patient data availability to authorised healthcare professionals.

The Asia Pacific region, comprising Japan, China, India, and the Rest of Asia Pacific, offers high-growth opportunities for players in the clinical alarm management market. This segment is estimated register the highest CAGR of during the forecast period. Owing to factors such as growing need for the implementation and integration of medical devices and HCIT solutions to provide cost-effective and quality clinical care to patients, increasing healthcare expenditure, growing geriatric population, and the increasing prevalence of chronic diseases

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=69939577