Clinical Alarm Management MarketUpcoming Trends and Analysis Report 2023 to 2033Posted by Ganesh Shinde on January 26th, 2023 In 2023, the clinical alarm management market is expected to be worth $ 3.0 billion. It is expected to reach US$ 6.2 billion by 2033, with a 7.5% CAGR from 2023 to 2033. The growing use of clinical decision support tools and real-time communication systems, as a result of rapid advances in healthcare technology, is expected to increase demand for clinical alarm management. Alarm fatigue as a phenomenon, as well as rising demand for cost containment in various healthcare settings, are expected to drive the use of novel clinical alarm management systems, thereby expanding the clinical alarm management market. Clinical alarm management reduces unnecessary alarms in a medical setting. The increasing difficulty of hospital employees determining the urgency of medical attention required by a patient, as well as the growing risk of false alarms causing errors in hospital management, has increased the demand for intelligent clinical alarm systems. This, along with the rising prevalence of clinician burnout and exhaustion among hospital staff, is expected to drive clinical alarm management market growth. Furthermore, older alarm systems are less accurate in tracking patient vitals, leading to longer hospital stays and a greater need for modern integrated CAM systems. Rising healthcare system obstacles, such as staff shortages, increased workload resulting in errors in patient care, and improved patient reactions with intelligent alarm management systems, have aided market growth. Competitive Insight Key Players Operating in the Global Market include
Get More Insights@ https://www.futuremarketinsights.com/reports/clinical-alarm-management-market Clinical alarm management Market Outlook by Category By Component, Clinical alarm management Market is segmented as:
By End-User, Clinical alarm management Market is segmented as:
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