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Clinical Alarm Management Market 2023: Leading Players towards R&D Activities to Bring More Revenues 2029

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The Global Clinical Alarm Management Market Size Was Valued at USD 1.74 Billion In 2021, And Is Projected to Reach USD 8.04 Billion By 2028, Growing at A CAGR of 24.45% From 2022 To 2028.

The exclusive research report on ‘Clinical Alarm Management Market ‘now available with IMR, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market size, commercialization aspects and revenue estimation of this business. The report further elucidates the status of leading industry players thriving in the competitive spectrum of the Clinical Alarm Management Market.

The Global Clinical Alarm Management Market Size Was Valued at USD 1.74 Billion In 2021, And Is Projected to Reach USD 8.04 Billion By 2028, Growing at A CAGR of 24.45% From 2022 To 2028.

Alarm systems that are integrated into or attached to medical equipment and monitoring systems are triggered by physiological changes in the patient, changes in monitored data, or system issues. Over a short period, technological advancements in hospitals have accelerated significantly. These advancements have brought with them complex and complicated monitoring systems, many of which include built-in audio alerts.

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Top Key Players Analyzed In Clinical Alarm Management Market

  • Ascom Holdings
  • Baxter International Inc.
  • Bernoulli Enterprise Inc.
  • Capsule Technologie (Subsidiary of Qualcomm Life Inc.)
  • Connexall
  • Dragerwerk AG
  • Extension Healthcare
  • GE Healthcare
  • Koninklijke Philips N.V.
  • Masimo
  • Medtronic
  • Mindray Medical International Limited
  • Mobile Heartbeat (Subsidiary of Hospital Corporation of America)
  • Spok Inc. (Subsidiary of Spok Holdings Inc.)
  • Vocera Communications and other major players.

Key Segments covered:

Global Clinical Trial Management System Market, By Product:

  • Nurse Call Systems
  • Physiological Monitors
  • Bed Alarms
  • EMR Integration Systems
  • Ventilators
  • Others

Global Clinical Trial Management System Market, By End-user:

  • Clinics and Hospitals
  • Long-Term Care (LTC) Centers and Ambulatory Care Centers
  • Home Care Settings

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

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Covid-19 Impact Analysis On Clinical Alarm Management Market

The COVID-19 pandemic is still transforming the growth of numerous economies, and the outbreak's immediate impact is variable. While certain industries may experience a demand reduction, many other markets will remain unaffected and exhibit great development prospects. Clinical alarm management is one industry that could benefit from the COVID 19 pandemic, owing to a large number of patients who will be admitted to hospitals as a result of the infection

Key Industry Developments in Clinical Alarm Management Market

May 2021, Vocera Communications, Inc. has signed a distribution deal with Wavelink to provide Vocera solutions to both major and small healthcare companies in Australia.

July 2020, Hillrom and Aiva have formed a new business collaboration that will allow patients and employees to communicate hands-free using an in-room voice assistant and Hillrom's Voalte Mobile solution. Hillrom's Voalte system is the first mobile clinical communication platform with a full solution that incorporates nurse call, medical device integration, alert and alarm management, and waveform digitalization in addition to hands-free caregiver-to-caregiver communication.

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