Clinical Alarm Management Market Scope: Growth, Share, Value, Size, and Analysis | Koninklijke Philips N.V., General Electric Company

Global Clinical Alarm Management Market Size, Status, and forecast for the 2025-2032. The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Clinical Alarm Management Market industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data. Additionally, the report includes upstream and downstream analyses of key players, as well as global certainties and assurances. The report evaluates dynamic aspects such as forecast market information, Porter's Five Forces Analysis, sales estimates, wide product portfolio, market scenarios, and possibility studies.

The Clinical Alarm Management Market Size was valued at USD 2.43 billion in 2024 and is expected to reach USD 9.03 billion by 2032, and grow at a CAGR of 15.76% over the forecast period 2025-2032.

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Clinical Alarm Management Market Dynamics

Drivers

The adoption of advanced technologies such as artificial intelligence, machine learning, and the Internet of Things has revolutionized clinical alarm management. These technologies enable intelligent alarm filtering, prioritization, and predictive analytics, ensuring that critical alerts receive immediate attention while reducing non-actionable alarms. Smart alarm systems can also integrate with electronic health records and hospital information systems, streamlining workflows and providing context-aware insights. These innovations enhance the efficiency of alarm systems and reduce alarm fatigue among healthcare professionals, making technology a pivotal driver of market growth.

Restraints

One of the major restraints in the Clinical Alarm Management Market is the high cost associated with the implementation and integration of advanced alarm management systems. Upgrading existing infrastructure to accommodate sophisticated technologies like artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) can be prohibitively expensive for small- and medium-sized healthcare facilities. Additionally, integrating these systems with existing electronic health records (EHRs), medical devices, and hospital information systems can pose significant technical challenges. Such integration often requires substantial time, resources, and expertise, which can delay deployment and impact operational workflows. Furthermore, healthcare providers in low- and middle-income regions may find it difficult to justify the investment in alarm management solutions due to budgetary constraints and competing priorities. These factors collectively act as a restraint, limiting the adoption of advanced alarm management systems in certain segments of the global market.

Major Players in Clinical Alarm Management Markets are:

Koninklijke Philips N.V., General Electric Company (GE Healthcare), Ascom, Spok, Inc., Masimo, Hill-Rom Services, Inc., Vocera Communications, Capsule Technologies, Inc., Medtronic, Drägerwerk AG & Co. KGaA, Baxter International, Inc., Stryker

Industry News:

In Jan 2025, AirStrip Technologies expanded its clinical decision support capabilities by acquiring DECISIO Health, a provider of advanced clinical decision support and visualization tools. This acquisition enhances AirStrip's product portfolio, furthering its goal to improve patient outcomes and optimize clinical workflows.

In Nov 2024, GE HealthCare published data from a two-phase pilot study with Cleveland Clinic in the Journal of Clinical Anesthesia. The study showcased the effectiveness of the Portrait Mobile continuous monitoring solution, highlighting its ability to encourage timely clinical intervention and reduce alarm fatigue in post-surgical ward settings.

In Feb 2024, Philips enhanced patient care by reducing alarm noise in patient monitoring systems by up to 66%, contributing to a more peaceful environment. The recent FDA 510(k) clearance of its IntelliVue patient monitor software further supports alarm management strategies, promoting a quieter and more healing atmosphere for patients and caregivers.

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Global Clinical Alarm Management Market Segmentation:

Clinical Alarm Management Product Outlook
Nurse Call Systems
Physiological Monitors
EMR Integration Systems
Bed Alarms

Clinical Alarm Management Component Outlook
Solutions
Services

Clinical Alarm Management End User Outlook
Hospitals and Clinics
Long-Term Care (LTC) Centers
Ambulatory Care Centers

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The following areas and countries are covered in the worldwide Clinical Alarm Management Market file:

North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)

In 2023, North America commanded the foremost position in the global clinical alarm management market share during the forecast period. This commanding position is attributed to North America's robust technological underpinning, which serves as a fundamental bedrock for the seamless integration and implementation of alarm management systems within the healthcare domain. Undeniably, this region has spearheaded the early adoption of alarm management development & adoption pursuits. This leadership is underpinned by a nexus of crucial factors, including the presence of key industry players, a firmly established healthcare sector, substantial investments in research and development, and a steadfast focus on advancing innovative solutions. The culmination of these elements decisively contributes to North America's commanding market presence and is indicative of the region's sustained and remarkable growth trajectory in the clinical alarm management domain.

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