openPR Logo
Press release

Clinical Alarm Management Market : Segmentation, Industry trends and Development to 2026

08-14-2017 02:39 PM CET | Health & Medicine

Press release from: Future Market Insights

Clinical Alarm Management Market : Segmentation, Industry

Clinical alarm systems are devices that alert caregivers of immediate adverse patient conditions and help in enhancing potential patient-safety. Alarmsmust be accurate, unique and provide alerts, which could be readily identified and understood by caregivers and the products must belong to standardized & approved product categories. These systems are either built-in or attached to other medical equipment & monitoring systems. Alarm fatigue is the psychological effect produced by too many alarms occurring in a clinical environment, causing clinicians to miss true clinically significant alarms. When alarms work well, the environment of patient care is enhanced. When alarms do not work well, they pull caregivers away from their line of respective duties and other patients, or even ignore alarm sounds altogether. Cases of ignored alarms have resulted in patient deaths earlier in extreme cases. Most often, the major usability problem is an alarm flood- too many alarms ringing together, in case of any device failure. Other defects hampering clinical alarm uptake in sophisticated healthcare systems include poorly designed alarms, improperly set alarm points, ineffective alarm announcements, and unclear alarm messages among others.

Request Report Sample@

Clinical Alarm Management Market: Drivers and Restraints

Increasing awareness of care providers towards enhancing patient safety is a prominent factor pushing the revenue growth of the clinical alarm management market. Others revenue drivers include rising medtech investments by governments of all major countries and promoting access to basic healthcare across all sections of the society. Integrated alarm system designs are often not standardized across different medical equipment systems and devices. This could be considered as a restraint for clinical alarm management market. Improper alarm escalation leading to false negative cases - such as a patient needs immediate clinical attention but a clinician is not alerted - substantially compromises on patient-safety. Other factors negatively affecting market growth are lack of product standardization across regions and lack of proper skills to rationalize the alarm adjustment process.

Clinical Alarm Management Market: Segmentation

Clinical alarm management market is segmented based on product type, end user and geography.

Based on product type, clinical alarm management market is segmented as follows:

Physiological monitors
Telemetry monitors
Infusion Pumps
Anesthesia Machines
Compression Pumps
Feeding Pumps
Nurse Call System
Bed Alarms
Based on end user, the clinical alarm management market is segmented as follows:

Ambulatory surgical centers
Long term and palliative care centers
Home care
Clinical Alarm Management Market: Overview

In the present market scenario, clinical alarm manufacturers prioritize sensitivity over specificity. This often leads to a large number of false positive cases, which is often misleading. Particularly, when alarm frequency is high, caregivers could become desensitized, develop alarm fatigue, and create a false negative outcome, compromising patient safety. With rise in the number of urban healthcare centers across regions, there clinical alarm management market is witnessing a sustained growth in demand for standard and tested products. To avoid product level dysfunctionalities, the AAMI (Association for the Advancement of Medical Instrumentation) Foundation had added clinical alarms to its portfolio of multidisciplinary initiatives to advance patient safety and created an Alarm Best Practices Workgroup in 2012. The committee reviews and recommends best practices on clinical alarm management at regular intervals. Developed pharmaceutical markets are expected to create sustainable traction in generating demand for standardized clinical alarm systems over the forecast period, while developing markets are expected to follow suit.

Visit For TOC@

Clinical Alarm Management Market: Region-wise Outlook

The global clinical alarm management marketis classified into seven regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan, Middle East and Africa (MEA). North America is expected to dominate the clinical alarm management market in terms of both revenue and demand generation owing to greater awareness on medtech advancement followed by Western Europe. However, over the foreseeable long term, markets in Latin America and Asia-Pacific could prove lucrative in terms of market opportunities owing to persistence of factors such as greater penetration of access to organized healthcare and rising disposable income level contribution to private healthcare spending.

Clinical Alarm ManagementMarket: Key Players

Some of the major companies contributing to global clinical alarm management market include Medtronic, Extension Healthcare, GE Healthcare, Koninklijke Phislips N.V., Baxter incorporated, Connexall, Mindray Medical International Limited among others.

About Us –
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Clinical Alarm Management Market : Segmentation, Industry trends and Development to 2026 here

News-ID: 667660 • Views: 174

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Alarm

Global Alarm Annunciators Industry Market Analysis & Forecast
Global Alarm Annunciators Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between
Hydrogen Alarm Global Market Research Report 2018
GET SAMPLE REPORT @ Hydrogen Alarm Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Hydrogen Alarm basics: definitions, classifications, applications and market overview; product specifications;
Burglar Alarm Systems Market Report 2018: Segmentation by Product (Wireless Alar …
Global Burglar Alarm Systems market research report provides company profile for Focus, Paradox, Karassn, Innopro, Shike, Honeywell, Bosch, Tyco, HORN and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed
Global Personal Alarm Market Analysis in 2025
The Global Personal Alarm Market report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Personal Alarm in these regions, from 2013 to 2025 (forecast), covering North America Europe China Japan Southeast Asia India Browse complete report at Global Personal Alarm market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including SABRE Mace Security International Streetwise Security JNE Security Nano Banshee VitalCall Vigilant Doberman Security GE On the
Global Personal Alarm Market Research Report 2017
this report, the global Personal Alarm market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Personal Alarm in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast
Global Gas Alarm Sales Market Report 2017
This research report gives an account of the global Gas Alarm market manages all its basic points of interest with the assistance of an inside and out and shrewd examination. The market is clarified in a comprehensive way and thus permits the report to show an entire examination of the market as concocted utilizing the elements that are required to have a quantifiable effect on its improvement. Despite the fact that