Clinical Alarm Management Market Forecast and Segments, 2016-2026

Clinical Alarm
Management
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016 – 2026
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Clinical alarm systems are devices that alert caregivers of immediate adverse patient conditions
and help in enhancing potential patient-safety. Alarms must 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.
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.
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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 patientsafety. Other factors negatively affecting market growth are lack of product standardization
across regions and lack of proper skills to rationalize the alarm adjustment process.
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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
Ventilators
Infusion Pumps
Anesthesia Machines
Compression Pumps
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Description
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•
Feeding Pumps
•
Nurse Call System
•
Bed Alarms
Based on end user, the clinical alarm management market is segmented as follows:
•
•
•
•
•
•
Hospitals
Clinics
Ambulatory surgical centers
Long term and palliative care centers
Home care
Others
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.
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Description
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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.
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Clinical Alarm Management Market: Region-wise Outlook
The global clinical alarm management market is 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.
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Clinical Alarm Management Market: Key Players
Some of the major companies contributing to global clinical alarm management market include
Medtronic, Extension Healthcare, GE Healthcare, Koninklijke Philips N.V., Baxter, Mindray
Medical International Limited among others.
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