Report Format: PDF
Published Date: Sep-2018 | 184 Pages | Report ID: VSR00822
Global Clinical Alarm Management Market Size is estimated to expand rapidly in coming years, at a CAGR of 31.9 % from 2018 to 2025. In 2017, the global market valuation was USD 1.85 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Clinical alarms provide essential warnings to alert caregivers of changes in a patient's condition. When alarms work well, the environment of care is enhanced. When alarms don't work well, they pull caregivers away from other duties and other patients or worse, train caregivers to ignore the alarm sounds altogether. High prevalence of chronic and infectious diseases, increasing population growth is some of the key points in the growth of clinical alarm management market. According to the research, North America accounted for the largest share in the global market of clinical alarm management.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global clinical alarm management market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global clinical alarm management market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Component Insights: On the basis of component, global clinical alarm management market has been segmented into solution and services. Among which solution segment accounted for largest share in the global market and is expected to dominate the market in forecast period in terms of revenue and development. Need of up gradations, introduction of reliable patient services are key points behind the market growth. Moreover, advanced products and enhanced data security standard is expected to increase the global adoption in upcoming years.
By Product Insights: On the basis of product, global clinical alarm management market has been segmented into nurse call systems, physiological monitors, EMR integration systems. Among which EMR integrated system segment is expected to grow at higher rate in forecast period. EMR integrated system provide facilities such as reliability, efficient maintenance of data, and timely availability of patient data which will help grow the market faster in forecast period.
Regional Analysis
The global clinical alarm management market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region North America is expected to witness high growth in upcoming time span due to high number of cases of alarm fatigue and continuous initiatives by the government. Integrated healthcare IT systems and authorized healthcare professionals are also one of the reasons behind market uplifting. Asia Pacific region is expected to witness high growth in the market in the upcoming time period. Low cost of raw material and increasing population are key points for boosting the market in the Asia Pacific region. Europe is anticipated to dominate the global clinical alarm management market over the projected period majorly owing to high consumer awareness, better technological connectivity and highly cost-effective business strategies.
Global Clinical Alarm Management Market Size, Share Analysis By Region 2017
Global Clinical Alarm Management Market Study Objective
1. To forecast the market size of clinical alarm management market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of clinical alarm management market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of clinical alarm management market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of clinical alarm management market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the clinical alarm management market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions
Key Players Landscape
Koninklijke Philips, Vocera Communications, Ascom Holdings, Spok, Inc., Bernoulli Enterprise, Connexall, Mobile Heartbeat, GE Healthcare, Capsule Technologie, and Masimo Corporation are some of the key players in the market of clinical alarm management.
Global Clinical Alarm Management Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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