Europe Clinical Alarm Management Market Size by 2022-2028

Europe Clinical Alarm Management Market Size, Share & Industry Trends Analysis Report By Component, By End User, By Product (Nurse call systems, Physiological Monitors, EMR Integration Systems, Ventilators), By Country and Growth Forecast, 2022 - 2028

Published Date: September-2022 | Number of Pages: 104 | Format: PDF | Report ID: KBV-20222

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Market Report Description

The Europe Clinical Alarm Management Market would witness market growth of 10.2% CAGR during the forecast period (2022-2028).

Clinical alarms in ICUs and background noise were determined to be over 80 dB, which is comparable to the noise produced by a jackhammer in an operating room. In addition to the noise issue that alarms cause, ICU nurses could find it challenging to differentiate between alarms for urgent intervention and other alarms since various equipment manufacturers employ various types of alarms. When patients hear both sorts of sirens, for instance, they must distinguish between the alarm for changing an infusion pump's syringe and the alarm for a serious emergency. ICU nurses were found to have trouble distinguishing between more than six different alarms and, on average, could only distinguish between 9 and 14 out of 23 alarms.

Alarm fatigue occurs when a high volume of clinical alerts overwhelms medical professionals; primary causes of alarm fatigue include excessive usage of patient monitors, incorrect alarm-setting ranges, and false (positive) alarms. False alarms are the most problematic of these since they frequently occur, which can have the "cry wolf" effect and lead nurses to misinterpret important alarms and fail to act appropriately. Additionally, it can reduce the dependability of an alarm system and discourage nurses from using alarm gadgets. Therefore, it is crucial to handle medical device alarms well and create effective solutions that can lower false alarm rates.

One in eleven people in England (4,550,000) is currently undergoing asthma therapy. There are 3,600,000 adults and 932,000 children in this group. In Scotland, asthma is being treated for 368,000 people or one in every fourteen. 296,000 adults and 72,000 kids are included in this. One in ten Welsh residents, or 314,000 people, are currently undergoing asthma therapy. 256,000 adults and 59,000 children make up this number. 182,000 persons in Northern Ireland (about 1 in 10) are currently receiving asthma therapy. 146,000 adults and 36,000 children are included. During the anticipated time, all of these elements will increase the adoption of ventilators which accelerate the growth of the clinical alarm management market.

The Germany market dominated the Europe Clinical Alarm Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $400.4 million by 2028. The UK market is showcasing a CAGR of 9.3% during (2022 - 2028). Additionally, The France market would register a CAGR of 11.1% during (2022 - 2028).

Based on Component, the market is segmented into Solution and Services. Based on End User, the market is segmented into Hospitals, Long-term Care Centers and Ambulatory Care Centers & Home Care Settings Passive CDSS. Based on Product, the market is segmented into Nurse call systems, Physiological Monitors, EMR Integration Systems, Ventilators and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Clinical Alarm Management Market will Hit $5.9 Billion by 2028, at a CAGR of 10.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., General Electric (GE) Co. (GE Healthcare), Ascom Holding AG Spok Holdings, Inc. (Spok, Inc.), Masimo Corporation, Cornell Communications, Inc., Baxter International, Inc., Johnson Controls International PLC, Medtronic PLC, and Vocera Communications, Inc. (Stryker Corporation).

Scope of the Study

Market Segments Covered in the Report:

By Component

  • Solution
  • Services

By End User

  • Hospitals
  • Long-term Care Centers
  • Ambulatory Care Centers & Home Care Settings Passive CDSS

By Product

  • Nurse call systems
  • Physiological Monitors
  • EMR Integration Systems
  • Ventilators
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Koninklijke Philips N.V.
  • General Electric (GE) Co. (GE Healthcare)
  • Ascom Holding AG
  • Spok Holdings, Inc. (Spok, Inc.)
  • Masimo Corporation
  • Cornell Communications, Inc.
  • Baxter International, Inc.
  • Johnson Controls International PLC
  • Medtronic PLC
  • Vocera Communications, Inc. (Stryker Corporation)

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Related Reports:

Global Clinical Alarm Management Market Report 2022-2028

North America Clinical Alarm Management Market Report 2022-2028

Asia Pacific Clinical Alarm Management Market Report 2022-2028

LAMEA Clinical Alarm Management Market Report 2022-2028

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