Clinical Alarm Management Market to expand at 9.5% CAGR by 2027

1. Healthcare, Pharmaceuticals & Medical Devices November2017 Report Id : REP-GB-1713 Status : Publish Category : Healthcare, Pharmaceuticals & Medical Devices ©2015 Future Market Insights, All Rights Reserved

2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2

3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3

4. Clinical Alarm Management Market Analysis Clinical Alarm Management Market to post a higher CAGR of 9% from 2017 to 2027 Clinical alarm management solutions are adopted by hospitals and ambulatory surgical centres to manage and respond to clinical alarms as and when they arise to minimize alarm fatigue. Clinical alarm management solutions are implemented by several enterprises for a number of applications and include clinical decision support tools, mobility solutions, central monitoring systems, alarm auditing software, and clinical alarm reporting software. In its recent report titled, ‘Clinical Alarm Management Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)’, Future Market Insights has conducted a thorough analysis of the global clinical alarm management market. The clinical alarm management market is anticipated to push past a value of US$ 4 billion by end 2027. Component – Solutions Component Dominate Clinical Alarm Management Market The solutions component is projected to be more than thrice the size of the services component at the end of the forecast period and key stakeholders in the clinical alarm management market are advised to take this into account. The solutions component could exceed a value of US$ 3 billion by the end of the decadal study with a third of this being in the clinical decision support tools sub-segment. However, a substantially higher CAGR is likely in the mobility solutions segment as the number of smartphone users has risen exponentially in the past few years. Most healthcare professionals access their smartphone to monitor their patients on a real-time basis via patient monitoring apps. This enhances caregiver efficiency by minimizing institutional operational cost and allows organizations to use mobility for alarm management as well as clinical decision support. ©2015 Future Market Insights, All Rights Reserved 4

5. Clinical Alarm Management Market Analysis End User – Focus on Hospitals and AmbulatorySurgical Centres in Clinical Alarm Management Market Hospitals and ambulatory surgical centres are the largest end-users in the clinical alarm management market and should remain so for the foreseeable future. Although hospitals are approx. thrice the size of ambulatory surgical centres, the latter is on track to post a higher CAGR of 9.5% from 2017 to 2027, making the segment vital for companies involved in the clinical alarm management market. A major challenge faced by hospitals is alarm fatigue that can occur because different clinical alarms generated by medical devices can have a devastating impact on clinicians, patients, and relatives. Alarm fatigue occurs when clinicians are desensitized and non-reactive on account of an overwhelming load and is a grave threat for patient safety. Human factors, staffing issues, and technological also come into play here and all this can significantly hamper growth of the clinical alarm management market. For More Information about Report:https://www.futuremarketinsights.com/reports/sample/rep-gb-1713 Region – North America Largest Contributor inClinical Alarm ManagementMarket North America had a market share of slightly under half the clinical alarm management market at the end of 2017 but is projected to lose a massive 420 BPS going forward. Nonetheless, its commanding lead ensures that Western Europe doesn’t surpass it during the course of the forecast period. The US accounts for roughly 4/5thof the North America clinical alarm management market because the US Department of Health and Human Services allow reimbursement models such as bundled payments. Medicare and Medicaid service centres are striving to achieve greater cancer care consistency and cost predictability with the adoption of clinical decision tools. These tools play a game-changing role improving safety, quality, and efficiency as they offer timely, relevant information to healthcare professionals at a lower cost. ©2015 Future Market Insights, All Rights Reserved 5

6. Clinical Alarm Management Market Analysis Competition Dashboard in Clinical Alarm Management Market Companies profiled in the clinical alarm management market report are Medtronic, GE Healthcare, Baxter, Koninklijke Philips, Connexall, Vocera, Drager, Mindray Medical International Limited, , and Spok Inc. Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-1713 Click here to Order a free sample ©2015 Future Market Insights, All Rights Reserved 6

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