Clinical Alarm Management Market to reach USD 9.02 billion by 2032, and grow at a CAGR of 15.75%
The clinical alarm management market is witnessing robust growth as healthcare providers strive to address patient safety concerns and mitigate alarm fatigue, a leading issue in critical care settings. Studies estimate that as many as 85-99% of clinical alarms are non-actionable, causing desensitization among healthcare professionals and increasing the risk of missed critical alerts. For instance, a study published revealed that alarm-related issues significantly contributed to adverse events, emphasizing the need for effective alarm management solutions.