North America Clinical Alarm Management Market Size, 2028

North America 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: October-2022 | Number of Pages: 95 | Format: PDF | Report ID: KBV-20224

Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support


COVID-19

Get in-depth analysis of the COVID-19 impact on the North America Clinical Alarm Management Market

Market Report Description

The North America Clinical Alarm Management Market would witness market growth of 9.8% CAGR during the forecast period (2022-2028).

Clinical alarms from various medical equipment, which are rapidly expanding, are a new problem in intensive care as a result of the growth of medical technology (ICUs). A new alarm hazard issue is being brought on by medical device (clinical) alarms, which are intended to alert medical workers when a patient's condition veers outside of the normal range. There were no more than six different forms of alarms from a single severely ill patient in 1983, whereas there were at least 40 different types of clinical alarms in 2011.

Overuse of clinical alarms can result in an alarming danger, which includes alarm fatigue, inappropriate alarm use, and applying the same alarm range to all patients. While device flaws previously put patients' safety in jeopardy, alarms recklessly created by the exponential increase in the number of medical gadgets now do the same. Clinical alarm hazards have come to light in reports on safety incidents involving a variety of medical device alarms.

Although the exact number of mechanical ventilation systems now in use in the US is unknown, a study of US hospitals conducted in 2010 suggested that there were roughly 62,000 full-featured ventilators or less than 1 ventilator for every US intensive care unit bed. The same study also discovered about 100,000 additional positive-pressure devices with fewer features. Depending on the need, some of these devices may be able to handle an increase in mechanical ventilation while others may only be of limited use.

The effectiveness of these surge devices was theoretical and untested before the current coronavirus disease 2019 (COVID-19) pandemic because no event had yet exhausted the present healthcare infrastructure or mechanical ventilation capacity. The growing government concern towards the adoption of the EHR system drives the growth of the clinical alarm management market in this region.

The US market dominated the North America Clinical Alarm Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,514.5 million by 2028. The Canada market is registering a CAGR of 12.3% during (2022 - 2028). Additionally, The Mexico market would grow at a CAGR of 11.3% 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 U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Clinical Alarm Management Market is Estimated to reach $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

  • US
  • Canada
  • Mexico
  • Rest of North America

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)

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

Global Clinical Alarm Management Market Report 2022-2028

Europe Clinical Alarm Management Market Report 2022-2028

Asia Pacific Clinical Alarm Management Market Report 2022-2028

LAMEA Clinical Alarm Management Market Report 2022-2028

Purchase Report

 1500
 1800
 2520

Special Pricing & Discounts

  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities