The global clinical alarm management market is set to expand significantly, with its valuation expected to rise from USD 3.0 billion in 2023 to USD 6.2 billion by 2033, at a compound annual growth rate (CAGR) of 7.5% over the forecast period. The growth is driven by increasing emphasis on patient safety and the need …
Tag Archives: Clinical Alarm Management Industry
Clinical Alarm Management Market Booming at 7.5% CAGR, Reaching Over US$6.2 Billion by 2033 | FMI Analysis
The Clinical Alarm Management Market is poised for substantial growth, fueled by a growing focus on patient safety and optimizing healthcare efficiency. A recent industry analysis predicts a robust Compound Annual Growth Rate (CAGR) of 7.5% from 2023 to 2033. This translates to a projected market valuation exceeding US$6.2 billion by 2033, highlighting the increasing …
Clinical Alarm Management Market Predicted to Grow at 7.5% CAGR, Reaching US$6.2 Billion by 2033 | FMI Findings
The Clinical Alarm Management Industry, currently valued at US$ 3.0 billion in 2023, is set to undergo a significant transformation over the next decade, as forecasted by experts at Future Market Insights (FMI). With an anticipated compound annual growth rate (CAGR) of 7.5% from 2023 to 2033, the market is projected to reach a substantial …