Clinical Alarm Management Market Scope, Share Analysis And Growth 2025
For organizations targeting expansion, this report delivers actionable intelligence on how the clinical alarm management industry is evolving.
Clinical Alarm Management Market Valuation Forecast: What Will The Market Be Worth By 2025?
The clinical alarm management market size has grown rapidly in recent years. It will grow from $2.83 billion in 2024 to $3.36 billion in 2025 at a compound annual growth rate (CAGR) of 18.8%. The growth in the historic period can be attributed to patient safety concerns, regulatory compliance, increasing complexity of healthcare devices, alarm fatigue mitigation, patient-centered care initiatives, risk of adverse events.
The clinical alarm management market size is expected to see exponential growth in the next few years. It will grow to $7.69 billion in 2029 at a compound annual growth rate (CAGR) of 23.0%. The growth in the forecast period can be attributed to remote patient management expansion, population health management trends, patient engagement solutions, data analytics for alarm optimization, global health emergency preparedness. Major trends in the forecast period include integration of artificial intelligence (AI), advanced analytics and predictive algorithms, interoperability and integration with EHRs, wireless and mobile solutions, cybersecurity measures, vendor partnerships and collaborations, continuous monitoring technologies.
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What Are The Key Factors Driving Growth In The Clinical Alarm Management Market?
The growing cases of alarm fatigue are expected to propel the growth of the clinical alarm management market going forward. The term 'alarm fatigue' refers to the sensory overload that occurs when clinicians receive an excessive number of alarms, leading to missed alarms and delayed responses. Several patient deaths have been attributed to alarm fatigue. Hospitals are increasingly recognizing alarm fatigue as a critical safety issue, and alarm management has become a priority improvement area. Clinical alarm management solutions help manage alarms and reduce alarm fatigue by using a modern clinical communication tool. For instance, in 2023, according to a research published by the BMJ, a UK-based medical journal owned by the British Medical Association, alarm fatigue is an increasing issue faced by patients in a medical institution. Patient movement, incorrect positioning and premature removal of the device contribute to false alarms. Estimates indicate more than 70% of alarms could be false and obstruct patient safety. Thus, growing alarm fatigue is increasing the adoption of the clinical alarm management solution which is driving the clinical alarm management market.
Emerging And High-Growth Segments In The Global Clinical Alarm Management Market
The clinical alarm managementmarket covered in this report is segmented –
1) By Product: Physiological Monitors; Nurse Call Systems; Ventilators; Bed Alarms; Anesthesia Machines; Telemetry Monitors; Feeding Pumps; Other Products
2) By Component: Solutions; Services
3) By End-User: Hospitals And Clinics; Home Care Settings; Ambulatory Care Centers; Long-Term Care Facilities; Specialty Centers
Subsegments:
1) By Physiological Monitors: Heart Rate Monitors; Blood Pressure Monitors; Pulse Oximeters; Multi-parameter Monitors
2) By Nurse Call Systems: Wired Nurse Call Systems; Wireless Nurse Call Systems; Integrated Nurse Call Systems
3) By Ventilators: Mechanical Ventilators; Portable Ventilators; Non-invasive Ventilators
4) By Bed Alarms: Pressure-Sensitive Bed Alarms; Motion Detection Bed Alarms
5) By Anesthesia Machines: General Anesthesia Machines; Regional Anesthesia Machines
6) By Telemetry Monitors: Cardiac Telemetry Monitors; Remote Patient Monitoring Systems
7) By Feeding Pumps: Enteral Feeding Pumps; Syringe Feeding Pumps
8) By Other Products: Smart Wearables; Alarm Management Software
Clinical Alarm Management Market Future Trends
Major companies operating in the clinical alarm management market are concentrating on technological advancements, such as real-time monitoring systems and predictive analytics, to enhance patient safety and streamline alarm notifications in healthcare environments. CENTEGIX is a technology company specializing in crisis alert systems, particularly its CrisisAlert platform, which enhances safety in educational and healthcare settings by providing real-time communication and emergency alerts through wearable devices. For instance, in April 2024, CENTEGIX, a US-based company that provides safety solutions, including wearable technology, launched its CENTEGIX Safety Platformfor hospitals and health systems, a cloud-based integrated solution for improving incident response time. Dozens of health systems and hundreds of sites rely on CENTEGIX’s digital mapping, real-time location capabilities, and easy-to-use wearable duress buttons that enable healthcare administrators to plan for and respond faster to emergencies.
Key Clinical Alarm Management Company Insights:
Major companies operating in the clinical alarm management market are Koninklijke Philips NV, GE Healthcare Technologies Inc., Ascom Holdings AG, Spok Holdings Inc., Masimo Corp., Vocera Communications Inc., Medtronic Inc., Dragerwerk AG, Connexall Inc., Mobile Heartbeat LLC, Hill-Rom Services Inc., Cornell Communications Inc., Intercall Systems Inc., Critical Alert Systems LLC, Capsule Technologies Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Baxter International Inc., Johnson Controls International PLC, West-Com Nurse Call Systems Inc., Csinc Inc., Live Sentinel Ltd., Amplion Clinical Communications Inc., Cerner Corporation, Alpha Communications Ltd., Fujian Huanyutong Technology Co. Ltd., Tunstall Group Holdings Ltd., AMETEK Inc., Midmark Corporation, Stanley Healthcare Inc., Bernoulli Health Corp., Extension Healthcare, Alertus Technologies LLC, Everbridge Inc., Intego Systems LLC, Nuvon Inc.
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How Does Clinical Alarm Management Market Growth Vary Across Major Regions?
North America was the largest region in the clinical alarm management market in 2024. The regions covered in the clinical alarm management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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