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Clinical Alert and Notification System Market Estimated to Record Highest CAGR by ‘2025’
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Clinical alert and notification systems help to deliver test results, patient monitoring alerts and other updates to doctors, nurses and other concerned staff at the hospital through a secure and reliable hospital communication system to improve patient care.
Rising adoption of clinical decision support tools, implementation of big data analytics into healthcare are some major factors driving the growth of clinical alert and notification system market. Moreover factor such as increasing patient safety concerns is also resulting in the growth of this market.However, factors such as cyber security issues due to data privacy concern and high implementation cost hinder the growth of Clinical Alert and Notification System market.
The clinical alert and notification system market can be segmented on the basis of solution by role, end-user and region wise. On the basis of solutions by roles clinical alert and notification system market is further segmented as physicians, nurses, administrators, laboratories, support staff and executives.
On the basis of end-user it is further segmented as hospitals, clinics, ambulatory surgical centres, long term care centres, and others. Ambulatory surgical centres is expected to grow at a high CAGR. Region wise clinical alert and notification market is further segmented into key regions such as North America, Latin America, Asia-Pacific, Western Europe, Eastern Europe, Japan and Middle East & Africa.
North America region holds a large market share in clinical alert and notification system market and is projected to grow at a substantial rate due to presence of healthcare enterprises adopting notification systems. Europe region is expected to show a considerable growth rate in this market due to growing adoption of notification systems in healthcare institutes in this region. Clinical alert and notification market is growing at a significant pace in APAC region owing to adoption of smartphones and mobile devices in hospitals for patient care. Latin America’s clinical alert and notification system market region will show a significant growth rate followed by MEA owing to awareness among people.
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STANLEY Healthcare, Singlewire Software, LLC., InterSystems Corporation, Critical Alert Systems., Spok Inc., Everbridge, Inc., OnSolve, Desktop Alert Inc, and ALERT Life Sciences Computing, S.A are some key players in clinical alert and notification system market.
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