Action required: Please refresh your browser
We have recently implemented some changes that require a hard refresh of your browser: Please hold down the CTRL-key and press the F5 key.
After a successful hard refresh, this message should not appear anymore.
More details about this topic are available here »
Global Clinical Alarm Management Market Analysis/Forecast Report 2023-2028: Gradual Shift of Accountability from Payers to Providers and Growing Demand for Value-Based Healthcare | ||
By: PR Newswire Association LLC. - 26 Feb 2024 | Back to overview list |
|
DUBLIN, Feb. 26, 2024 /PRNewswire/ -- The "Global Clinical Alarm Management Market by Product (Nurse Call Systems; Connectivity/Integration Software - EMR, Central Hubs, Notification/Alert; Ventilators, Patient Monitors, Capnography, Oximeter), Type (Centralized), End User - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. The global clinical alarm management market is projected to reach USD 5.4 billion by 2028 from USD 2.7 billion in 2023, at a CAGR of 14.5% The push for interoperability in healthcare systems will drive the adoption of clinical alarm solutions that seamlessly integrate with electronic health records (EHRs), clinical decision support systems (CDSS), and other healthcare IT systems, enhancing overall workflow efficiency. Efforts to address alarm fatigue, growing awareness, and adoption of evidence-based practices in healthcare are the factors that will drive the growth of this market. On the other hand, the sensitivity of patient health data requires robust security measures. Concerns about data breaches, unauthorized access, or cybersecurity threats may impede the adoption of clinical alarm systems to a certain extent over the forecast period. Over the last few years, several market players have launched button-based systems offering advanced functionalities such as automatic logging of call responses and automatic recording of the responder's identity, which are further expected to generate significant interest among end users in the coming years. Additionally, the cost-effectiveness and relatively straightforward installation of these systems make them an attractive choice for healthcare facilities seeking efficient solutions to improve communication and responsiveness. Several governmental and non-governmental organizations have incentivized healthcare providers to implement EHRs integrated with clinical decision support (CDS), such as clinical alarm management. The segment's predominant market share is driven by the rising acceptance of Electronic Health Records (EHRs) and other interoperability solutions in healthcare organizations, expanding regulatory demands and healthcare reforms, the transition of point-of-care diagnostics from hospitals to home care settings, and the need for integrated healthcare systems to enhance the overall quality and outcomes of healthcare delivery. These systems enhance patient safety and healthcare efficiency by providing a centralized platform for healthcare providers to monitor, prioritize, and respond to alarms promptly. Reducing alarm fatigue, improving response times, and ultimately contributing to better patient outcomes by ensuring timely attention to critical events are some of the factors that contribute to the growth of the segment. Premium Insights
Market Dynamics: Impact Analysis Drivers
Restraints
Opportunities
Challenges
Industry Insights Overview of Key Industry Trends
Technology Analysis
Company Profiles
Other Players
For more information about this report visit https://www.researchandmarkets.com/r/y7kr8e About ResearchAndMarkets.com Media Contact: Research and Markets Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg SOURCE Research and Markets |
||
|
||
Copyright 2024 PR Newswire Association LLC. | Back to overview list |