Clinical Alarm Management Market Report Scope & Overview:

The Clinical Alarm Management Market Size was valued at USD 2.10 Billion in 2023 and is expected to reach USD 7.47 Billion by 2031, and grow at a CAGR of 17.2% over the forecast period 2024-2031.

Over the past 25 years, hospitals have seen a significant surge in technological advancements. With these developments come complex and intricate monitoring tools, many of which are produced with audible alerts built-in. These clinical alarms are designed to notify the clinician of a departure from a preset "normal" status and are regarded as a crucial tool for enhancing patient safety because they convey information that necessitates a reaction or awareness on the operator's part. Few hospitals equipment had alarm capabilities 25 years ago. The majority of modern devices come with a working alarm.

Clinical Alarm Management Market Revenue Analysis

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  • Alarm fatigue growing

  • High Rate of Chronic Illnesses

  • Population Ageing and Growing Older

  • Healthcare Delivery Must Be Cost-Containment-Friendly

  • MHealth and Big Data Tools are Getting More Popular and Used


  • Interoperability issues

  • Infrastructure Building Will Cost a Lot of Money


  • Markets in Transition for HCIT

  • Increasing Ehrs Adoption


  • Traditional Healthcare Providers React with Reluctance


Alarm weariness became an acute concern during the COVID-19 epidemic. This led to a rise in the use of clinical alarm management solutions, which helped the industry expand. Several institutions were also engaged in numerous efforts for the creation of cutting-edge technological solutions. For instance, a few researchers in New York, USA, created a COVID-specific algorithm in January 2021. This system ranks patients' chances of experiencing respiratory failure within 48 hours. Therefore, during the COVID-19 pandemic, such elements have had a favourable impact on the market.

By Product Type

The market was dominated by the nurse call systems segment, which had a revenue share of approximately 26.0%. Product advances fueled by automation and wireless technology, as well as the desire to enhance clinical workflow and lower operational costs for the healthcare institution while maximizing the use of existing resources, are the drivers responsible for this significant share. During the predicted period, it is also anticipated that increasing financing for wireless technologies and IP-based nurse call systems would accelerate market growth.

Due to increasing digitalization in healthcare, a spike in EHR/EMR adoption from clinics to hospitals, and growing interoperability across digital health solutions, the Electronic Medical Record (EMR) integration systems category is predicted to see the highest CAGR.

By Component type

The market leader and source of the biggest revenue share was the clinical alarm management solutions sector. This is due to the increasing use of connected care technology in healthcare, initiatives by significant businesses, and the requirement to lessen alert fatigue. Over the course of the forecast period, it is expected that the market will be driven by the need to reduce unfavourable patient outcomes, false or bothersome alarms, and regulatory requirements.

The services segment is anticipated to experience the fastest growth rate over the forecast period as a result of initiatives taken by both public and private health institutions, expanded service offerings by significant market participants, and rising consumer demand to reduce risks to patient safety, all of which are expected to support the segment's growth in the years to come. Another factor anticipated to fuel market growth is the development of technology and the growing number of clinical alarm management service providers.

By End-use

Due to an increase in patient traffic, an increase in emergency cases, and the adoption of sophisticated clinical alarm management solutions, the hospitals and clinics sector led the market and accounted for the greatest revenue share. As a result of the requirement to increase patient safety in home care settings by guaranteeing efficient patient monitoring and a prompt reaction, the home care settings market is also anticipated to expand.

Due to the rise in old-age facilities and increased understanding of the significance of clinical alarm management systems in these facilities, the long-term care facilities category is predicted to develop at the quickest pace.


By Product Type

  • Nurse Call Systems

  • Physiological Monitors

  • Bed Alarms

  • EMR Integration Systems

  • Ventilators

  • Others

By Component type

  • Solutions

  • Services

By End-use

  • Hospitals & Clinics

  • Home Care Settings

  • Ambulatory Care Centers

  • Long-Term Care Facilities

  • Specialty Centers


Due to greater knowledge of healthcare breakthroughs in the region, North America is anticipated to dominate the market in terms of demand and revenue. Additionally, it is anticipated that rising markets in Asia-Pacific and Latin America would create attractive business prospects. This is brought on by improved access to organized healthcare and rising disposable income levels that are contributing to the cost of private healthcare in these areas.

Clinical Alarm Management Market By Region

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  • North America

    • USA

    • Canada

    • Mexico

  • Europeh

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

Some of the major key players are as follows: Ascom, Capsule Technologies, Inc., General Electric Company (GE Healthcare), Hill-Rom Services, Inc., Johnson Controls, Koninklijke Philips N.V., Masimo, Spok, Inc., Vocera Communications, West-Com, and Other Players.

General Electric Company (GE Healthcare)-Company Financial Analysis

Company Landscape Analysis

Clinical Alarm Management Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 2.10 Billion
Market Size by 2031  US$ 7.47 Billion
CAGR  CAGR of 17.2% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product Type (Nurse Call Systems, Physiological Monitors, Bed Alarms, EMR Integration Systems, Ventilators, Others)
• By Component type (Solutions, Services)
• By End-use (Hospitals & Clinics, Home Care Settings, Ambulatory Care Centers, Long-Term Care Facilities, Specialty Centers)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Ascom, Capsule Technologies, Inc., General Electric Company (GE Healthcare), Hill-Rom Services, Inc., Johnson Controls, Koninklijke Philips N.V., Masimo, Spok, Inc., Vocera Communications, West-Com, and other players.
DRIVERS • Alarm fatigue growing
• High Rate of Chronic Illnesses
• Population Ageing and Growing Older
RESTRAINTS • Interoperability issues
• Infrastructure Building Will Cost a Lot of Money

Frequently Asked Questions

Ans: The Clinical Alarm Management Market Size was valued at US$ 2.10 Billion in 2023.

Ans: The Clinical Alarm Management Market is to grow at a CAGR of 17.2% over the forecast period 2024-2031.

 Ascom, Capsule Technologies, Inc., General Electric Company (GE Healthcare), Hill-Rom Services, Inc., Johnson Controls, are the key players of Clinical Alarm Management market.

Some of the main drivers are Alarm fatigue growing, High Rate of Chronic Illnesses, and Population Ageing and Growing Older.

Due to greater knowledge of healthcare breakthroughs in the region, North America is anticipated to dominate the market in terms of demand and revenue.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis


8. Clinical Alarm Management Market Segmentation, By Product Type

8.1 Nurse Call Systems

8.2 Physiological Monitors

8.3 Bed Alarms

8.4 EMR Integration Systems

8.5 Ventilators

8.6 Others

9. Clinical Alarm Management Market Segmentation, By Component type

9.1 Solutions

9.2 Services

10. Clinical Alarm Management Market Segmentation, By End-use

10.1 Hospitals & Clinics

10.2 Home Care Settings

10.3 Ambulatory Care Centers

10.4 Long-Term Care Facilities

10.5 Specialty Centers

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12.Company Profiles

12.1 Ascom

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Capsule Technologies, Inc.

12.3 General Electric Company (GE Healthcare)

12.4 Hill-Rom Services, Inc.

12.5 Johnson Controls

12.6 Koninklijke Philips N.V.

12.7 Masimo

12.8 Spok, Inc.

12.9 Vocera Communications

12.10 West-Com.

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share Analysis

13.3 Recent Developments

14 Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

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