ALL >> Business >> View Article
Clinical Alarm Management Market Growth By Component, Product And End User - 2023
According to research report the clinical alarm management market is expected to reach $1,724 million by 2023 from an estimated $457 million in 2018, at a CAGR of 30.4% during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69939577
Based on component, the global clinical alarm management market is segmented into two broad categories based on component, namely— 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 and indispensable and recurring nature of services.
Based on product, the global clinical alarm management market is categorized 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 major players in the clinical alarm management market include Koninklijke Philips (Netherlands), Vocera Communications (US), Mobile Heartbeat (US), GE Healthcare (US), Ascom Holdings (Switzerland), Spok, Inc. (US), Bernoulli Enterprise (US), Connexall (Canada), Capsule Technologie (US), and Masimo Corporation (US). These players have adopted various growth strategies, such as product launches and enhancements; acquisitions; expansions; and agreements, partnerships, mergers, and collaborations. Product launches and partnerships and have been the most dominating strategy adopted by major players of clinical alarm software market from 2015 to 2018, which helped them to innovate on their offerings and broaden their customer base.
Recent Developments -
• In October 2017, GE Healthcare (US) entered into partnership with Ascom (Switzerland) to enable the addition of alarm management solution called Digistat Patient Watch to GE Healthcare’s portfolio of solutions for the intensive care.
• In August 2017, Ascom (Switzerland) partnered with Dräger (Germany) to deliver clinical alarm management solutions to healthcare providers.
• In October 2016, Vocera Communications (US) acquired Extension Healthcare (US). This was expected to enable Vocera add Extension Healthcare’s complementary software to Vocera’s Communication Platform and expand customer relationships and grow software revenue faster by providing highly relevant cross-selling opportunities.
Request For Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=69939577
North America is estimated to account for the largest share of the clinical alarm software market in 2018. The large share of this region can be attributed to the increasing cases of alarm fatigue and initiatives by government bodies to curtail the effects of alarm fatigue and the increasing need for integrated healthcare IT systems to ensure reliability, efficient maintenance of data, data integrity, and timely availability of patient data to authorized healthcare professionals.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
sales@marketsandmarkets.com
An innovative professional with 6+ years of progressive experience within the Healthcare industry. with the skills to drive business growth, capitalize on new revenue potential, and manage all aspects of daily internet / eCommerce operations.
Add Comment
Business Articles
1. Navigating The Healthcare Marketing Maze With Ai-enhanced SolutionsAuthor: Brand Wisdom Solutions specializes in guiding heal
2. Luxury Wedding Catering In Chennai: A Culinary Experience Like No Other
Author: Anbu Thalapathy
3. South Indian Wedding Catering In Chennai: A Culinary Celebration Of Tradition
Author: Anbu Thalapathy
4. Seo Consultant Ahmedabad
Author: sangitainfotech1
5. Nasa Astronauts Sunita Williams And Butch Wilmore's Quick Mission Becomes Eight-month Space Ordeal
Author: Bizzbuzz
6. Boost Business Efficiency With The Best Cloud Telephony Services And Automation Software Tools
Author: Office24by7
7. How To Launch Your Own Online Marketplace Business Like Taskrabbit In 2024
Author: John Daniel M
8. Comprehensive Guide To Commercial Refrigeration Maintenance And Repair
Author: BestAir Services
9. The Detailed Guide To Renewable Energy Systems
Author: otis
10. Cooking Made Easy: Choosing The Right Electric Oven By Crownline
Author: Crownline
11. Innovative Uses Of Ss Shims In Modern Technology
Author: Pearl Shims
12. The What, Why And How Of Elastic Cloud Computing
Author: otis
13. Black Magic Removal In Rajasthan – Expert Solutions For Peace And Prosperity
Author: astrosatyashivam
14. Career Related Astrologer – Expert Guidance For Your Professional Success
Author: astrosatyashivam
15. King Exchange Betting Id: Elevating The Online Betting Experience
Author: king exchange