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Tuesday, December 5, 2023

Global Clinical Alarm Management Market is Anticipated to Grow at a CAGR of 18.9% during 2024 to 2030

The future of the global clinical alarm management market looks promising with opportunities in the hospitals, long-term care centers, and ambulatory care centers & home care settings passive cdss markets. The global clinical alarm management market is expected to reach an estimated $7.7 billion by 2030 with a CAGR of 18.9% from 2024 to 2030. The major drivers for this market are long hospital stays and increasing prevalence of chronic diseases and expanding health care costs and technology developments in clinical alert systems.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the clinical alarm management market by component (solutions and services), product (nurse call systems, physiological monitors, EMR integration systems, ventilators, and other products), end use industry (hospitals, long-term care centers, and ambulatory care centers & home care settings passive CDSS), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, solutions and services are the major segments of clinical alarm management market by component.

Lucintel forecasts that solutions is expected to witness highest growth over the forecast period.

Within this market, hospitals will remain the largest segment.

North America is expected to witness highest growth over the forecast period.

Koninklijke Philips N.V., Vocera Communications, GE Healthcare, Ascom, Spok, Masimo, Connexall, Capsule Technologies, Cornell Communications, and Mobile Heartbeat are the major suppliers in the clinical alarm management market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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