Clinical Alarm Management Market Trends: A Comprehensive Analysis

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% during the forecast period. Growth in this market is primarily driven by increasing focus on patient safety and the need to prevent adverse events, stricter regulatory standards and guidelines related to alarm management, and interoperability & integration improvements in healthcare. However, the concerns about data breaches, unauthorized access, or cybersecurity threats are expected to hamper the growth of this market during the forecast period to a certain extent.