Market Research Logo

Clinical Alarm Management Market by Component (Solutions, Services), Product (Nurse Call Systems, Physiological Monitors, EMR Integration Systems), End User (Hospitals, Long-term Care Centers, Ambulatory Care Centers) - Global Forecasts to 2023

Clinical Alarm Management Market by Component (Solutions, Services), Product (Nurse Call Systems, Physiological Monitors, EMR Integration Systems), End User (Hospitals, Long-term Care Centers, Ambulatory Care Centers) - Global Forecasts to 2023

The clinical alarm management market is projected to grow at a CAGR of 30.4% during the forecast period.
The global clinical alarm management market is expected to reach 1,724 million by 2023 from an estimated USD 457 million in 2018, at a CAGR of 30.4% during the forecast period. Increasing alarm fatigue, high prevalence of chronic diseases, growth in the geriatric population, need for cost-containment in healthcare delivery, and rising prominence and usage of big data and mHealth tools are expected to drive the growth of the clinical alarm management market. However, the current lack of interoperability in HCIT solutions and the high investments needed to build an effective infrastructure for HCIT capabilities among end users are expected to hinder the growth of the clinical alarm management market in the coming years. Another factor that may slow market growth is the reluctance from traditional providers, due to a lack of awareness on the subject of, and need for, clinical alarm management.

By component, the services segment is expected to grow at the highest rate during the forecast period.
On the basis of component, the global clinical alarm management market is segmented into two broad categories—solutions and services. The services segment is expected to grow at the highest CAGR during the forecast period owing to the increasing adoption of clinical alarm management solutions, increasing alarm fatigue, high prevalence of chronic diseases, and indispensable and recurring nature of services.

By product, the nurse call systems segment is expected to dominate the clinical alarm management market.
On the basis of method, the global clinical alarm management market is segmented into nurse call systems, physiological monitors, EMR integration systems, bed alarms, ventilators, and others (infusion pumps and pulse oximeters). The EMR integration systems segment is also expected to grow at the highest rate during the forecast period owing to the increased adoption of EHRs and other interoperability solutions in healthcare organizations, growing regulatory requirements & healthcare reforms, shift of point-of-care diagnostics from hospitals to home care settings, and the need for integrated healthcare systems to improve the quality and outcome of healthcare systems.

The Asia Pacific clinical alarm management market is expected to grow at the highest CAGR during the forecast period.
The APAC region comprising Japan, China, India, and Rest of Asia Pacific offers high-growth opportunities for players in the clinical alarm management market. This segment is slated to register the highest CAGR during the forecast period. Some of the factors driving market growth in the APAC region are growing need for the implementation and integration of medical device and HCIT solutions in Asia to provide cost-effective and quality clinical care to patients, increasing healthcare expenditure in Japan, growing geriatric population, and the increase in disease prevalence.

Break of primary participants was as mentioned below:
By Company Type - Tier 1-55%, Tier 2-25% and Tier 3-20%
By Designation - C-level-43%, Director Level-32%, Others-25%
By Region - North America-38%, Europe-29%, Asia Pacific-23%, RoW-10%

The key players in the global clinical alarm management market are Koninklijke Philips (Netherlands), Vocera Communications (US), Ascom Holdings (Switzerland), Spok, Inc. (US), Bernoulli Enterprise (US), Connexall (Canada), Mobile Heartbeat (US), GE Healthcare (US), Capsule Technologie (US), and Masimo Corporation (US).

Research Coverage:
The report analyzes the clinical alarm management market and aims at estimating the market size and future growth potential of this market based on various segments such as component, product, end user, and region. The report also includes competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

Reasons to Buy the Report
The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them garner a greater share. Firms purchasing the report could use one, or a combination of the below mentioned five strategies.

This report provides insights into the following pointers:
Market Penetration: Comprehensive information on the services offered by the top players in the clinical alarm management market. The report analyzes the market based on component, product, end user, and region
Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the clinical alarm management market
Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various clinical alarm management solutions across regions
Market Diversification: Exhaustive information about solutions and services, untapped regions, recent developments, and investments in the clinical alarm management market
Competitive Assessment: In-depth assessment of market shares, strategies, distribution networks, and manufacturing capabilities of the leading players in the market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • MARKET DATA VALIDATION AND TRIANGULATION
    • ASSUMPTIONS FOR THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • CLINICAL ALARM MANAGEMENT: MARKET OVERVIEW
    • CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2018 VS. 2023, (USD MILLION)
    • CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2018 VS. 2023, (USD MILLION)
    • CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2018 VS. 2023, (USD MILLION)
    • CLINICAL ALARM MANAGEMENT MARKET: GEOGRAPHIC SNAPSHOT
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table GLOBAL POPULATION STATISTICS, 2015 VS. 2030 VS. 2050 (MILLION INDIVIDUALS)
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT
    • INTRODUCTION
      • Table CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
    • SOLUTIONS
      • SOLUTIONS SEGMENT TO ACCOUNT FOR THE LARGEST SHARE OF THE CLINICAL ALARM MANAGEMENT COMPONENT MARKET IN 2018
        • Table CLINICAL ALARM MANAGEMENT SOLUTIONS MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
    • SERVICES
      • INCREASING ADOPTION OF CLINICAL ALARM MANAGEMENT SOLUTIONS AND INDISPENSABLE AND RECURRING NATURE OF SERVICES TO DRIVE THE SERVICES MARKET IN THE COMING YEARS
        • Table CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
        • Table CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • IMPLEMENTATION & INTEGRATION
        • Table CLINICAL ALARM MANAGEMENT IMPLEMENTATION & INTEGRATION SERVICES MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • CONSULTING
        • Table CLINICAL ALARM MANAGEMENT CONSULTING SERVICES MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
  • CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT
    • INTRODUCTION
      • Table CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
    • NURSE CALL SYSTEMS
      • NURSE CALL SYSTEMS TO ACCOUNT FOR THE LARGEST SHARE OF THE CLINICAL ALARM MANAGEMENT PRODUCTS MARKET IN 2018
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR NURSE CALL SYSTEMS, BY REGION, 2016-2023 (USD MILLION)
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR NURSE CALL SYSTEMS, BY COUNTRY, 2016-2023 (USD MILLION)
    • PHYSIOLOGICAL MONITORS
      • RISING PREVALENCE OF CHRONIC DISEASES & GROWING GERIATRIC POPULATION-KEY FACTORS DRIVING MARKET GROWTH
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR PHYSIOLOGICAL MONITORS, BY REGION, 2016-2023 (USD MILLION)
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR PHYSIOLOGICAL MONITORS, BY COUNTRY, 2016-2023 (USD MILLION)
    • BED ALARMS
      • INCREASING INCIDENCE OF INJURIES IN THE ELDERLY HAVE DRIVEN THE ADOPTION OF CLINICAL ALARM MANAGEMENT SOLUTIONS IN BED ALARMS
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR BED ALARMS, BY REGION, 2016-2023 (USD MILLION)
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR BED ALARMS, BY COUNTRY, 2016-2023 (USD MILLION)
    • EMR INTEGRATION SYSTEMS
      • EMR INTEGRATION SYSTEMS TO WITNESS THE HIGHEST GROWTH IN THE MARKET DURING THE FORECAST PERIOD
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR EMR INTEGRATION SYSTEMS, BY REGION, 2016-2023 (USD MILLION)
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR EMR INTEGRATION SYSTEMS, BY COUNTRY, 2016-2023 (USD MILLION)
    • VENTILATORS
      • RISING PREVALENCE OF RESPIRATORY DISEASES & INCREASING ADOPTION OF VENTILATOR ALARM MANAGEMENT SOLUTIONS BY HOSPITALS ARE THE MAJOR FACTORS DRIVING MARKET GROWTH
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR VENTILATORS, BY REGION, 2016-2023 (USD MILLION)
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR VENTILATORS, BY COUNTRY, 2016-2023 (USD MILLION)
    • OTHERS
      • INCREASING DEMAND FOR AMBULATORY INFUSION PUMPS & GROWING VOLUME OF SURGICAL PROCEDURES PERFORMED- KEY FACTORS DRIVING MARKET GROWTH
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR OTHERS, BY REGION, 2016-2023 (USD MILLION)
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR OTHERS, BY COUNTRY, 2016-2023 (USD MILLION)
  • CLINICAL ALARM MANAGEMENT MARKET, BY END USER
    • INTRODUCTION
      • Table CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
    • HOSPITALS
      • HOSPITALS TO ACCOUNT FOR THE LARGEST SHARE OF THE CLINICAL ALARM MANAGEMENT END-USER MARKET IN 2018
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR HOSPITALS, BY COUNTRY, 2016-2023 (USD MILLION)
    • LONG-TERM CARE CENTERS
      • GROWING GERIATRIC POPULATION TO DRIVE THE CLINICAL ALARM MANAGEMENT MARKET FOR LONG-TERM CARE IN THE COMING YEARS
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR LONG-TERM CARE CENTERS, BY COUNTRY, 2016-2023 (USD MILLION)
    • AMBULATORY CARE CENTERS & HOME CARE SETTINGS
      • INCREASING VOLUME OF ALARMS GENERATED IN NON-TRADITIONAL HEALTHCARE FACILITIES DRIVE THE ADOPTION OF CLINICAL ALARM MANAGEMENT SOLUTIONS
        • Table CLINICAL ALARM MANAGEMENT MARKET FOR AMBULATORY CARE CENTERS & HOME CARE SETTINGS, BY COUNTRY, 2016-2023 (USD MILLION)
  • CLINICAL ALARM MANAGEMENT MARKET, BY REGION
    • INTRODUCTION
      • Table CLINICAL ALARM MANAGEMENT MARKET, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: CLINICAL ALARM MANAGEMENT MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
      • US
        • Table US: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
        • Table US: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
        • Table US: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
        • Table US: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
        • Table CANADA: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
        • Table CANADA: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
        • Table CANADA: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: CLINICAL ALARM MANAGEMENT MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table EUROPE: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table EUROPE: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
      • Table EUROPE: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
      • Table EUROPE: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
        • Table GERMANY: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
        • Table GERMANY: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
        • Table GERMANY: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
      • UK
        • Table UK: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
        • Table UK: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
        • Table UK: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
        • Table UK: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
        • Table FRANCE: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
        • Table FRANCE: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
        • Table FRANCE: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
      • ROE
        • Table ROE: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
        • Table ROE: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
        • Table ROE: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
        • Table ROE: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • GROWING NEED FOR THE IMPLEMENTATION AND INTEGRATION OF MEDICAL DEVICE AND HCIT SOLUTIONS IN ASIA TO PROVIDE COSTEFFECTIVE AND QUALITY CLINICAL CARE TO PATIENTS IS LIKELY TO BOOST THE ADOPTION OF CLINICAL ALARM MANAGEMENT SOLUTIONS
        • Table ASIA PACIFIC: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
    • ROW
      • ESTABLISHMENT OF NEW HOSPITALS, AND INCREASING ALARM FATIGUE-SENSORY OVERLOAD ARE DRIVING THE MARKET IN THIS REGION
        • Table ROW: CLINICAL ALARM MANAGEMENT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
        • Table ROW: CLINICAL ALARM MANAGEMENT SERVICES MARKET, BY TYPE, 2016-2023 (USD MILLION)
        • Table ROW: CLINICAL ALARM MANAGEMENT MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
        • Table ROW: CLINICAL ALARM MANAGEMENT MARKET, BY END USER, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • CLINICAL ALARM MANAGEMENT MARKET SHARE ANALYSIS (2017)
      • PHILIPS
      • VOCERA
    • COMPETITIVE SCENARIO
      • Table PRODUCT LAUNCHES AND ENHANCEMENTS, 2015-2018
      • Table AGREEMENTS, COLLABORATIONS, AND PARTNERSHIPS, 2015-2018
      • Table ACQUISITIONS, 2015-2018
      • Table EXPANSIONS, 2015-2018
  • COMPANY PROFILES
    • KONINKLIJKE PHILIPS N.V.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VOCERA COMMUNICATIONS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GE HEALTHCARE
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ASCOM HOLDINGS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SPOK, INC. (SUBSIDIARY OF SPOK HOLDINGS, INC.)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MASIMO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CONNEXALL
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BERNOULLI ENTERPRISE, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CAPSULE TECHNOLOGIE (SUBSIDIARY OF QUALCOMM LIFE, INC.)
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MOBILE HEARTBEAT (SUBSIDIARY OF HOSPITAL CORPORATION OF AMERICA)
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • MNM VIEW
  • APPENDIX
    • DISCUSSION GUIDE: CLINICAL ALARM MANAGEMENT MARKET
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report