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industrynewsupdates · 4 days ago

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Understanding Clinical Alarm Management Market: Trends and Growth Drivers

The global clinical alarm management market was valued at USD 2.13 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.0% from 2024 to 2030. Several factors are driving this substantial market growth, particularly the increasing prevalence of alarm fatigue and the growing need for cost-containment in healthcare settings. Alarm fatigue—a significant challenge in clinical environments—refers to the desensitization of healthcare staff to frequent, non-actionable alarms. This can lead to missed critical alerts, jeopardizing patient safety and quality of care. As healthcare systems strive to address this issue, the demand for alarm management solutions and services is expected to rise significantly.

Additionally, the prolonged hospital stays driven by rising incidences of chronic diseases and the technological advancements in alarm management systems are further fueling market growth. The growing number of chronic conditions, including cardiovascular diseases, diabetes, and respiratory disorders, has led to longer patient stays in healthcare facilities. This, in turn, increases the likelihood of alarm fatigue, thus accelerating the need for effective alarm management systems to reduce unnecessary alarms and enhance patient safety.

Gather more insights about the market drivers, restrains and growth of the Clinical Alarm Management Market

Component Insights

The solution segment led the market, accounting for the largest revenue share of 54.0% in 2023. This dominance is largely driven by the widespread adoption of connected care technologies across healthcare settings. These technologies allow for better integration and communication between various monitoring systems, ensuring that alarms are more targeted, relevant, and actionable. Additionally, healthcare institutions are increasingly focused on reducing alarm fatigue—a priority for both patient safety and staff well-being. Alarm management solutions also help hospitals comply with regulatory mandates designed to reduce non-actionable alarms and adverse patient events, making them a crucial part of healthcare systems.

The services segment, on the other hand, is expected to witness the fastest growth during the forecast period from 2024 to 2030. This growth is attributed to several factors, including the increasing number of public and private health institutions that are prioritizing patient safety. As a result, there has been a significant rise in service offerings by companies, which cater to the growing need for efficient alarm management. Services related to alarm management typically include system integration, staff training, and maintenance, all of which are essential for minimizing patient risks and improving clinical outcomes.

Technological advancements are also playing a role in the services segment, as more companies offer specialized solutions designed to integrate with existing healthcare infrastructures. The growing demand for these services reflects the ongoing transformation in healthcare, where technology-driven solutions are being leveraged to improve both clinical outcomes and operational efficiency.

Global clinical alarm management market is poised for strong growth, driven by factors such as the need to address alarm fatigue, enhance patient safety, and reduce operational costs. The market's growth is being supported by the rising adoption of connected care technologies and the increasing demand for alarm management services. As healthcare systems continue to prioritize patient safety and technological advancements, the alarm management market is set to experience significant expansion in the coming years.

Order a free sample PDF of the Clinical Alarm Management Market Intelligence Study, published by Grand View Research.

#Clinical Alarm Management Market #Clinical Alarm Management Market Analysis #Clinical Alarm Management Market Report #Clinical Alarm Management Industry

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tamanna31 · 2 months ago

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Nurse Call Systems Market Share, Supply, Sales, Manufacturers, Competitor and Consumption 2023 to 2030

Nurse Call Systems Industry Overview

The global nurse call systems market size was valued at USD 1.7 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.11% from 2023 to 2030.

The growing need for a diverse and integrated platform that increases the preference for mobility aids are driving the market. Medicare decides to refund schemes based on quality and outcome rather than quantity owing to the rising healthcare cost. Medicare estimates that current reimbursement practices are costing an additional USD 2.1 billion and expects to curtail this by using technology-focused healthcare. With this change in reimbursement policies, hospitals and other healthcare facilities are trying to streamline their workflow processes by adopting technology-oriented nurse call systems.

Gather more insights about the market drivers, restrains and growth of the Nurse Call Systems Market

Nurse call systems enable reliable and flexible communication between the patient and the caregiver. Increasing patient numbers in healthcare facilities and the introduction of advanced ways to expand communication, workflow, and management to provide quality patient care are fueling the market growth. The market is primarily driven by technological advancements that have allowed players to create innovative devices. For instance, in December 2019, Tunstall Group launched Tunstall Carecom, a wireless and digital nurse call system.

Growing adoption of real-time location systems (RTLS) integrated with wireless technologies in various healthcare facilities is propelling the market growth. RTLS allows the healthcare facilities to track the movement of the attendants and equipment to increase productivity. For instance, Televic's AQURA Care Communication Platform is an integrated platform with various modules such as nurse call, personal localization (RTLS), patient and staff safety, alarm delivery, personal mobility, and mediator control. The platform is open to integrating both its module and the mediator module, along with the current hospital infrastructure.

However, the high implementation costs can hinder the market expansion. The effectiveness of integrated communication technologies is based on several factors, including software, hardware, and the training level of medical staff. This increases the need for high investments by hospitals, clinics, and home care facilities to effectively implement the devices. In addition, strict regulatory policies related to data breaches can impede industry growth during the forecast period.

Moreover, with the rise in home healthcare and nursing home facilities, major industry players are focusing on the need for better patient response time along with eliminating nurse fatigue. Vendors are differentiating their products by integrating their devices with different diagnostic solutions and technologies. For instance, in June 2019, Vocera Communications, Inc. introduced a new analytics solution that provides information about the number of calls, texts, alarms, and alerts that clinicians receive. Industry players offer customized services as per hospital needs, through such integration.

Nurse Call Systems Market Segmentation

Grand View Research has segmented the global nurse call systems market report based on technology, type, application, end-use, and region:

Technology Outlook (Revenue, USD Billion, 2016 - 2030)

Wired Communication Equipment

Wireless Communication Equipment

Type Outlook (Revenue, USD Billion, 2016 - 2030)

Integrated Communication Systems

Buttons

Mobile Systems

Intercoms

Application Outlook (Revenue, USD Billion, 2016 - 2030)

Alarms & Communications

Workflow Optimization

Wanderer Control

Fall Detection & Prevention

End-use Outlook (Revenue, USD Billion, 2016 - 2030)

Hospitals

ASCs/Clinics

Long Term Care Facilities

Regional Outlook (Revenue, USD Billion, 2016 - 2030)

North America

Canada

Europe

U.K.

Germany

France

Italy

Spain

Asia Pacific

China

Japan

India

Australia

South Korea

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

South Africa

UAE

Saudi Arabia

Browse through Grand View Research's Medical Devices Industry Research Reports.

The global radiation dose monitoring market size was valued at USD 3.44 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.

The global patient monitoring accessories market size was valued at USD 7.83 billion in 2023 and is projected to grow at a CAGR of 9.0% from 2024 to 2030.

Key Companies & Market Share Insights

The market is fragmented. Competitors in this market are increasing their share through a variety of marketing strategies, including product launches, investments, and mergers and acquisitions. Companies are further investing in improving their products. For instance, in July 2020, Hill-Rom Holdings Inc. collaborated with Aiva for hands-free communication between caregiver-to-patient and caregiver-to-caregiver using Hill-Rom’s Voalte Mobile solution. Some prominent players in the global nurse call systems market include:

Hill-Rom Holding, Inc.

Rauland Corporation

Honeywell International, Inc.

Ascom Holding AG

TekTone Sound and Signal Mfg., Inc.

Austco Healthcare

Stanley Healthcare

Critical Alert Systems LLC

West-Com Nurse Call Systems, Inc.

JNL Technologies

Cornell Communications

Order a free sample PDF of the Nurse Call Systems Market Intelligence Study, published by Grand View Research.

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healthtech-katta · 2 months ago

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ECG Patch & Holter Monitor Market Predictions: What the Future Holds

The global ECG Patch & Holter Monitor market is experiencing unprecedented growth, with the market size valued at USD 1.60 billion in 2023 and projected to skyrocket to USD 7.78 billion by 2032. This growth trajectory, driven by a robust compound annual growth rate (CAGR) of 19.23% over the forecast period from 2024 to 2032, underscores the rising demand for advanced cardiac monitoring technologies across the globe.

Market Overview

ECG (Electrocardiogram) Patch and Holter monitors are vital diagnostic tools used in detecting and monitoring heart conditions. These devices have evolved significantly over the years, transitioning from bulky, hospital-based systems to lightweight, wearable technologies that offer continuous, real-time monitoring. The surge in demand for these devices is fueled by a combination of technological advancements, an aging global population, and an increase in cardiovascular diseases (CVDs).

In 2023, the market was valued at USD 1.60 billion, reflecting a burgeoning awareness of the importance of early diagnosis and monitoring in managing heart conditions. As the prevalence of CVDs continues to rise, so too does the need for effective monitoring solutions, making the ECG Patch & Holter Monitor market one of the fastest-growing segments in the medical device industry.

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Key Growth Drivers

1. Increasing Prevalence of Cardiovascular Diseases: Cardiovascular diseases remain the leading cause of death globally, accounting for over 17.9 million deaths annually. This alarming statistic has spurred the need for advanced diagnostic tools that can facilitate early detection and continuous monitoring of heart conditions. ECG Patch & Holter monitors are at the forefront of this demand, providing healthcare professionals with the necessary tools to track patients' heart rhythms over extended periods, leading to more accurate diagnoses and better patient outcomes.

2. Technological Advancements: The market is witnessing significant technological innovations, with the development of more compact, user-friendly, and efficient devices. The integration of artificial intelligence (AI) and machine learning (ML) algorithms into these devices has enhanced their diagnostic accuracy, enabling the detection of even subtle abnormalities in heart rhythms. Moreover, the advent of wireless, cloud-connected devices has revolutionized the market, allowing for real-time data transmission and remote monitoring, which is particularly beneficial in managing chronic heart conditions.

3. Growing Geriatric Population: The global population is aging, with the number of people aged 60 and above expected to double by 2050. The elderly population is more susceptible to heart diseases, leading to an increased demand for cardiac monitoring solutions. ECG Patch & Holter monitors, with their non-invasive nature and ease of use, are ideally suited for this demographic, providing a convenient and reliable method for continuous heart monitoring.

4. Rising Healthcare Expenditure and Government Initiatives: Governments worldwide are increasingly focusing on improving healthcare infrastructure and promoting early diagnosis and preventive care, which is boosting the demand for ECG Patch & Holter monitors. Additionally, rising healthcare expenditure, particularly in emerging economies, is facilitating the adoption of advanced medical devices, further propelling market growth.

5. Consumer Awareness and Demand for Wearable Health Tech: With the rise of the health-conscious consumer, there is a growing demand for wearable health technologies that offer continuous health monitoring. ECG patches, being lightweight, non-intrusive, and capable of providing real-time heart health data, are gaining popularity not only in clinical settings but also among general consumers. This trend is expected to significantly contribute to market growth over the coming years.

Market Segmentation

The ECG Patch & Holter Monitor market can be segmented based on product type, application, end-user, and region.

1. By Product Type:

ECG Patches

Holter Monitors

2. By Application:

Arrhythmia Monitoring

Myocardial Infarction Monitoring

Others

3. By End-User:

Hospitals & Clinics

Ambulatory Surgical Centers

Homecare Settings

Others

4. By Region:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Regional Insights

North America currently holds the largest share of the ECG Patch & Holter Monitor market, attributed to the high prevalence of cardiovascular diseases, advanced healthcare infrastructure, and the presence of major market players in the region. The United States, in particular, is a key market, driven by significant investments in healthcare technology and the growing adoption of digital health solutions.

Europe follows closely, with a strong focus on healthcare innovation and a high incidence of CVDs. Countries like Germany, the UK, and France are leading contributors to the market growth in this region.

Asia Pacific is expected to witness the fastest growth during the forecast period, propelled by the increasing geriatric population, rising healthcare expenditure, and growing awareness of the benefits of early diagnosis and continuous monitoring. Countries such as China, India, and Japan are emerging as key markets in the region.

Latin America and Middle East & Africa are also expected to experience significant growth, driven by improving healthcare infrastructure and increasing investments in the healthcare sector.

Competitive Landscape

The ECG Patch & Holter Monitor market is highly competitive, with numerous players vying for market share. Key market players include GE Healthcare, Philips Healthcare, Medtronic, BioTelemetry, Inc., iRhythm Technologies, Inc., AliveCor, Inc., and Bittium Corporation. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position.

GE Healthcare and Philips Healthcare remain dominant players due to their extensive product portfolios, strong brand recognition, and significant investments in research and development. iRhythm Technologies, Inc. has gained considerable attention for its advanced AI-powered ECG monitoring solutions, setting new standards in the market.

Future Outlook

The ECG Patch & Holter Monitor market is set for a period of dynamic growth, with advancements in technology, rising consumer awareness, and increasing healthcare investments acting as key catalysts. The market's expansion to USD 7.78 billion by 2032 is not only a testament to the importance of these devices in modern healthcare but also an indication of the growing emphasis on preventive care and early diagnosis.

Conclusion

As the global burden of cardiovascular diseases continues to rise, the demand for effective, reliable, and user-friendly cardiac monitoring solutions is more critical than ever. The ECG Patch & Holter Monitor market, with its impressive growth trajectory, is well-positioned to meet this demand, offering significant opportunities for innovation and expansion in the years to come.

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blog-site-for-market-research · 8 months ago

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Clinical Alarm Management Market Industry Trends and Forecast to 2032

Market Overview –

The clinical alarm management market was valued at USD 0.8 billion in 2022. The clinical alarm management industry is expected to increase from USD 1.05 billion in 2023 to USD 9.27 billion by 2032, with a compound annual growth rate (CAGR) of 31.3% over the forecast period (2023-2032).

The Clinical Alarm Management Market involves systems and solutions designed to monitor and manage the multitude of alarms generated by medical devices in clinical settings, such as hospitals and healthcare facilities. These alarms alert healthcare providers to potential patient safety issues, but the high volume of alarms can lead to desensitization, alarm fatigue, and missed critical alarms, posing risks to patient safety.

The clinical alarm management market is evolving rapidly, driven by the increasing adoption of advanced clinical alarm systems. Healthcare facilities prioritize patient safety, spurring demand for efficient alarm management solutions. These systems aim to reduce alarm fatigue among healthcare professionals while ensuring timely response to critical patient events, enhancing overall care delivery.

In recent years, the clinical alarm management market has witnessed significant growth globally due to several factors. Firstly, there has been increasing awareness of the impact of alarm fatigue on patient outcomes and healthcare staff well-being, driving demand for more effective alarm management solutions. Key players in this market include medical device manufacturers, healthcare IT companies, hospitals, and regulatory agencies, collaborating to develop and implement innovative alarm management strategies and technologies.

Moreover, advancements in alarm management technology have led to the development of intelligent alarm systems, alarm middleware platforms, and alarm analytics solutions. These technologies aim to prioritize alarms based on clinical relevance, patient context, and individualized settings, reducing unnecessary alarms and alerting healthcare providers to critical events more effectively.

Additionally, there is growing interest in integrating alarm management solutions into electronic health record (EHR) systems, clinical communication platforms, and workflow optimization tools to enhance care coordination and communication among healthcare teams. Efforts to standardize alarm protocols, improve alarm customization, and provide staff training on alarm management best practices are essential for addressing alarm fatigue and improving patient safety in clinical settings.

Overall, the clinical alarm management market presents opportunities for growth and innovation as stakeholders work together to address the challenges associated with alarm fatigue and improve alarm system effectiveness. Efforts to develop evidence-based alarm management guidelines, enhance interoperability between medical devices and alarm systems, and promote a culture of safety and accountability are crucial for advancing alarm management practices and protecting patient well-being.

MARKET SEGMENTATION

By Products

Nurse Call Systems

Physiological Monitors

EMR Integration Systems

Bed Alarms

Ventilators

Mobility Solutions

Central Monitoring Systems

Clinical Decision Support (CDC) Tools

By Component

Solutions

Services

By End User

Hospitals and Clinics

Long-Term Care (LTC) Centers

Ambulatory Care Centers & Home Care Settings

Regional Analysis –

Regional analysis of the clinical alarm management market is essential for understanding the adoption, trends, and dynamics of alarm systems across different geographic regions. Clinical alarms play a crucial role in healthcare settings, alerting healthcare providers to potential patient issues or changes in medical equipment status. Factors such as healthcare infrastructure, regulatory standards, and patient demographics influence the demand for alarm management solutions in each region.

Developed regions like North America and Europe often lead in alarm management adoption due to stringent regulatory requirements, well-established healthcare systems, and a high volume of medical procedures. In contrast, emerging economies in Asia-Pacific and Latin America are witnessing increasing demand for alarm management systems, driven by factors such as expanding healthcare infrastructure, rising patient volumes, and a growing focus on patient safety. Additionally, variations in healthcare policies and reimbursement schemes impact market dynamics and adoption rates across regions.

Conducting a comprehensive regional analysis enables stakeholders to identify market opportunities, tailor their marketing strategies, and address region-specific challenges such as regulatory compliance and market access. By understanding regional nuances, companies can optimize their market penetration efforts and better serve the alarm management needs of healthcare providers and patients worldwide.

Key Players –

Clinical Alarm Management key companies include Koninklijke Philips N.V., General Electric Company, Ascom, Spok, Masimo, Hill-Rom Services, Inc. (Baxter), Vocera Communications (Stryker), Medtronic, Drägerwerk AG & Co. KGaA, and West-Com Nurse Call Systems, Inc., among others.

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For more information visit at MarketResearchFuture

#Clinical Alarm Management Market

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rohitpalan · 10 months ago

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Forecast Unveiled: CAGR of 20.4% Propels Cellular M2M Market to US$ 20.9 Billion by 2023

The size of the global cellular M2M connections and services market is anticipated to propel at a CAGR of 20.4% from 2023 to 2033. By 2023, its value is anticipated to reach US$ 20.9 billion.

By 2033, the market for cellular M2M connections and services is expected to reach a value of about US$ 134 billion. From 2023 to 2033, it is projected to expand to have a real financial potential of US$ 113.1 billion.

Through 2033, it is expected that countries in North America, such as Canada and the United States, will dominate the market for cellular M2M connections and services. The ongoing development of telemedicine and remote patient monitoring in these nations is anticipated to push demand. These new services frequently use real-time data and transmit the same between medical equipment and healthcare specialists, necessitating M2M connections.

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Several health insurance companies in North America might also employ cellular M2M connections and services to track policyholders’ health. Delivering personalized incentives and insurance policies for leading healthy lives can be done using the data provided.

North America is also projected to be a leading hub for clinical trials and medical research. As these would be required to transmit and gather information from participants, the need for cellular M2M connections and services might increase. Researchers can use these services to assess patient health and medication efficacy remotely.

Demand in Asia Pacific is projected to increase as wearable technology for health monitoring becomes more widely accepted. There has been an increase in the release of new smartwatches and fitness trackers that can record information on activity levels, heart rate, and sleep habits.

The need for cellular M2M connections and services is anticipated to increase due to the growing popularity of smartwatches in China, India, and Japan. These could send real-time data to mobile applications and medical personnel. Healthcare practitioners might create individualized treatment plans and enable remote patient monitoring with cellular M2M connections.

As the number of seniors increases, there will likely be a greater demand for aged care services across Asia Pacific. It is anticipated that GPS-enabled watches and wearable fall detection systems will be used to monitor the whereabouts and well-being of elderly patients. As a result, makers of wearable technology are turning to cellular M2M connections to relay location information and alarms to caregivers or emergency personnel.

Key Takeaways from Cellular M2M Connections and Services Market Study

The global cellular M2M connections and services industry grew at a decent CAGR of 25.4% in the historical period from 2018 to 2022.

The United States is projected to exhibit a CAGR of 20.3% in the forecast period.

China is likely to reach a valuation of US$ 20.9 billion by 2033 in the cellular M2M connections and services industry.

In terms of organization size, the large enterprises segment is set to showcase a CAGR of 20.2% in the assessment period.

Based on end-users, the transportation & logistics segment expanded at an average CAGR of 25.1% between 2018 and 2022.

“By 2033, it is anticipated that both developed and emerging nations will experience a rise in traffic control-related challenges. Several nations invest large sums in creating smart cities to ease traffic congestion and improve traffic management. Adoption is anticipated to be supported by cellular M2M connections’ and services’ capacity to enhance traffic flow, reduce traffic congestion, and improve urban mobility.” – opines Sudip Saha, managing director and MD at Future Market Insights (FMI) analyst.

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Competitive Landscape

Players in the cellular M2M connections and services market concentrate on developing and expanding their networks to lower latency, improve dependability, and provide extensive coverage. By developing 5G networks, they are also delivering tremendous bandwidth, making them perfect for M2M connections.

Customers should be very worried about security while using M2M applications. As a result, renowned corporations plan to spend a lot of money creating top-notch security software to safeguard devices and data. They are acquiring security certificates and providing encryption and authentication technologies.

For instance,

In July 2023, Soracom introduced a cutting-edge cellular data package to help European entrepreneurs and SMBs deploy connected goods and services more quickly while keeping data prices low. Soracom’s Plan X3-EU offers a simple, affordable M2M sensors and devices solution.

Bharti Airtel announced in October 2022 that the ‘Always On’ IoT connectivity technology would be introduced in India. An IOT device can constantly maintain a mobile network connection from multiple Mobile Network Operators (MNOs) through an eSIM thanks to the dual profile M2M eSIM.

Restraints:

Despite the promising outlook, challenges do exist. Concerns regarding data security and privacy in M2M applications need to be addressed. Additionally, the cost of implementing M2M solutions and the need for skilled professionals may hinder market growth.

Region-wise Insights – Category-wise Insights:

The regional dynamics of the Cellular M2M Connections and Services Market vary, but each region is contributing to its expansion. North America is prominent in healthcare and automotive applications, while Europe excels in smart city implementations. Asia-Pacific shows immense potential for agriculture and manufacturing M2M solutions.

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Global Segmentation of Cellular M2M Connections and Services Market

Cellular M2M Connections and Services Market by Organization Size:

Large Enterprises

SMEs

Cellular M2M Connections and Services Market by End-User:

Transportation & Logistics

Energy & Utilities

Manufacturing

Healthcare

Others

Cellular M2M Connections and Services Market by Region:

North America

Latin America

Western Europe

Eastern Europe

South Asia and Pacific

East Asia

Middle East and Africa

#cellular M2M connections and services market

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jayanthitbrc · 1 year ago

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Global Clinical Alarm Management Market Overview – Market Growth Analysis And Key Drivers

The Clinical Alarm Management Global Market Report 2023, provides comprehensive information on the clinical alarm management market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Clinical Alarm Management Market’s Growth:

As per The Business Research Company’s Clinical Alarm Management Global Market Report 2023, the market size is expected to grow from $1.98 billion in 2022 to $2.39 billion in 2023 at a compound annual growth rate (CAGR) of 20.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size clinical alarm management is expected to grow to $5.18 billion in 2027 at a CAGR of 21.4%.

Get A Free Sample Of The Report (Includes Graphs And Tables):

Implementation of big data and artificial intelligence is a key trend gaining popularity in the clinical alarm management market. Major companies operating in the market are advancing toward the use of big data and artificial intelligence (AI) to meet customer demand. For instance, in September 2021, Medtronic, an Ireland-based medical device company, partnered with Statis Health, a wholly-owned subsidiary of Stasis Labs based in the US, to provide a Stasis Monitor in India. Stasis Monitor is a patented artificial intelligence-enabled bedside patient monitoring system that has been cleared by the FDA to automate, digitise, document, and communicate critical patient information. Using predictive AI, this device alerts staff when a patient's condition deteriorates. This monitor provides six vital signs in a single monitor including heart rate, blood oxygen level, electrocardiogram, respiratory rate, blood pressure, and temperature. It also connects with a tablet and cloud-connected app to enable remote monitoring across devices.

The clinical alarm management market is segmented:

1) By Product: Physiological Monitors, Nurse Call Systems, Ventilators, Bed Alarms, Anesthesia Machines, Telemetry Monitors, Feeding Pumps, Other Products

2) By Component: Solutions, Services

3) By End-User: Hospitals and Clinics, Home Care Settings, Ambulatory Care Centers, Long-Term Care Facilities, Specialty Centers

North America was the largest region in the clinical alarm management market in 2022.

The table of contents in TBRC’s clinical alarm management market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

Learn About Us: The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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chiragreportprime · 1 year ago

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Blood and Fluid Warming System Market Size, Type, segmentation, growth and forecast 2023-2030

Blood and Fluid Warming System Market

The Blood and Fluid Warming System Market is expected to grow from USD 2.00 Billion in 2022 to USD 3.20 Billion by 2030, at a CAGR of 5.90% during the forecast period.

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Blood and Fluid Warming System Market Size

The Blood and Fluid Warming System is a medical device used to warm blood and intravenous fluids to maintain body temperature during surgery, trauma, or any medical procedure. The market research report analyzes the market based on its type, application, and geographical region. It provides key players in the market, including Smiths Medical, Stryker, 3M, BD, The 37 Company, Gambro (Baxter International), Thermal Angel, Barkey, and more. The report also covers regulatory and legal factors specific to the market conditions such as FDA and CE approvals. The market is segmented into portable and stationary types, hospital, clinics, and homecare applications, and regions like North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The report outlines the market drivers such as the increasing number of surgical procedures, rise in the number of trauma cases, and an increase in healthcare expenditure. It also highlights market restraints such as the high cost of the device, technical issues, and product recalls. The Blood and Fluid Warming System market is expected to show growth in the forecast period due to the increasing demand for the device and the rise in healthcare awareness.

Blood and Fluid Warming System Market Key Player

Smiths Medical

Stryker

The 37 Company

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Blood and Fluid Warming System Market Segment Analysis

The Blood and Fluid Warming System market targets a wide range of customers including hospitals, clinics, blood banks, and emergency medical services. The major factors driving the growth of this market include the increase in patient volume, the need for rapid and efficient fluid warming during surgery and transfusions, and the rising prevalence of hypothermia in patients.

In recent years, there have been several trends in the Blood and Fluid Warming System market. One of the most significant trends is the development of portable and compact warming systems that can be easily carried and used in different settings. Another trend is the increasing emphasis on the safety and efficacy of these systems, leading to the introduction of advanced features such as automated temperature control, data logging, and alarms.

Despite the growth in the Blood and Fluid Warming System market, there are several challenges that the industry faces. One of the major challenges is the high cost of these systems, which can limit their adoption in low- and middle-income countries. Additionally, there is a lack of awareness and training on the proper use of these systems, which can lead to errors and adverse events.

The main findings of the report suggest that the Blood and Fluid Warming System market is expected to grow significantly in the coming years, driven by factors such as increasing surgical procedures, rising healthcare expenditure, and technological advancements. The report recommends that companies in this market prioritize innovation, quality, and cost-effectiveness in order to stay competitive and address the challenges facing the industry.

In conclusion, the Blood and Fluid Warming System market is poised for growth, driven by various factors such as the increasing demand for temperature management in healthcare settings. However, there are challenges that the industry must address, such as cost and lack of awareness. The report's recommendations include prioritizing innovation and quality to stay competitive and improve patient outcomes.

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Market Segmentation (by Application):

Hospital

Clinics

Home Care

Others

Information is sourced from www.reportprime.com

#market strategy #market growth #market research #market analysis #system

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dataseries · 1 year ago

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Bariatric Surgery in the UK: Market Overview and Growth Prospects

Bariatric surgery has emerged as a crucial medical intervention in the United Kingdom, offering individuals struggling with obesity a ray of hope for healthier lives. This comprehensive article delves into the market dynamics, trends, and growth prospects of bariatric surgery in the UK.

The Prevalence of Obesity

The United Kingdom, like many other countries, is grappling with the alarming rise in obesity rates. Approximately two-thirds of adults in the UK are overweight or obese. This growing public health concern has fueled the demand for bariatric surgery as individuals seek effective solutions to combat obesity-related health issues.

Market Overview

1. Increasing Demand

The demand for bariatric surgery in the UK has been on a steady rise. This can be attributed to the increasing awareness of the health risks associated with obesity and the desire for long-term weight management solutions.

2. Variety of Procedures

Bariatric surgery encompasses a range of procedures, each designed to address different patient needs. Some of the commonly performed surgeries include gastric bypass, sleeve gastrectomy, adjustable gastric banding, and biliopancreatic diversion with duodenal switch (BPD/DS).

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3. Technological Advancements

Advancements in surgical techniques have made bariatric procedures safer and more effective. Minimally invasive techniques, such as laparoscopic surgery, have become increasingly popular, reducing recovery times and post-operative discomfort.

4. Multidisciplinary Approach

Many bariatric surgery clinics now adopt a multidisciplinary approach to patient care. This involves a team of healthcare professionals, including dietitians, psychologists, and physical therapists, working together to ensure comprehensive patient support and successful long-term outcomes.

Growth Prospects

The future of bariatric surgery in the UK holds promising growth prospects:

1. Rising Awareness

As awareness about the health risks of obesity continues to grow, more individuals will seek surgical interventions. This will likely result in an increased demand for bariatric surgery services.

2. Advancements in Research

Ongoing research in the field of bariatric surgery is expected to lead to further innovations in procedures and aftercare. These innovations may make surgery even more appealing to a broader range of patients.

3. Government Initiatives

Government initiatives aimed at tackling obesity may lead to increased access to bariatric surgery for those in need. Public health campaigns and policy changes may drive further growth in the sector.

Conclusion

Bariatric surgery in the UK is experiencing substantial growth due to the rising prevalence of obesity and increasing awareness of its associated health risks. With ongoing technological advancements and a multidisciplinary approach to patient care, the future of bariatric surgery looks promising. As the demand for these procedures continues to rise, it is imperative that the healthcare system and policymakers work together to ensure that individuals seeking bariatric surgery can access safe and effective treatments.

#UK Bariatric Surgery Procedures Market

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rohans18 · 1 year ago

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Nurse Call Systems Market Share, Size, Research, CAGR, and Growth - Forecast 2030

Global Nurse Call Systems Market, By Type (Intercom Systems, Button-Based Systems, Integrated Communication Systems, Digital and Mobile Nurse Call Systems, Basic Audio/Visual Nurse Call Systems, and Others), Technology (Wired Communication and Wireless Communication), Application (Alarms & Communications, Workflow Optimization, Wanderer Control, Fall Detection & Prevention, Visitor Management), End User (Hospitals, Ambulatory Surgery Centers, Long-Term Care Facilities, Clinics, Physician Offices, Medical Assisted Living Center, Nursing Homes, Out Patient Departments, and Others) – Industry Trends and Forecast to 2030.

In the consistent Nurse Call Systems market research report, industry trends are put together on macro level with which clients can figure out market landscape and possible future issues about Nurse Call Systems industry. The scope of this market report include but is not limited to latest trends, market segmentation, new market entry, industry forecasting, future directions, opportunity identification, strategic analysis and planning, target market analysis, insights and innovation. The report presents with the CAGR value fluctuations for the specific forecasted period which helps decide costing and investment strategies. An influential Nurse Call Systems market report brings precise and exact market research information that drives business into the right direction.

Key Players

The major companies in the microalgae market are Cellana Inc., DSM, Cyanotech Corporation, Corbion ALGATECH LTD, AlgaEnergy, AlgaHealth, BarAlgae, Desert Microalgae Technologies, Yemoja, Henry Lamotte Oils GmbH, Algarithm, and ALGAIA among others.

Browse More Info @ https://www.databridgemarketresearch.com/reports/global-nurse-call-systems-market

The research studies entailed in the winning Nurse Call Systems market report supports to estimate several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share. The strategies underlined here mainly consist of new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost footprints in this market. Several other factors such as import, export, gross margin, price, cost, and consumption are also analyzed under the section of production, supply, sales and market status.

Key questions answered in the report:

Which product segment will grab a lion’s share?

Which regional market will emerge as a frontrunner in coming years?

Which application segment will grow at a robust rate?

Report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Nurse Call Systems Market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Table Of Content

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Global Market

Part 04: Global Market Size

Part 05: Global Market Segmentation By Product

Part 06: Five Forces Analysis

More Reports:

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Anti-cancer Drug Market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

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kdmarket · 1 year ago

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Continuous Renal Replacement Therapy Market: Overview, Growth Drivers, Challenges, Segmentation, and Regional Analysis

[27th June, 2023], [New York] - The global market for continuous renal replacement therapy (CRRT) is growing rapidly due to a number of factors that are propelling the demand for effective renal replacement therapies. CRRT has become a crucial treatment option for patients with acute kidney injury and critically ill patients who require hemodynamic stability. Significant technological advancements, a growing prevalence of renal disorders, and increasing investments in healthcare infrastructure are influencing the market. These factors are driving the global market for continuous renal replacement therapy forward.

Continuous renal replacement therapy is a blood purification method used to treat patients with acute kidney injury who are critically unwell. Unlike intermittent hemodialysis, CRRT provides a continuous, slow-paced treatment, which is ideal for patients with hemodynamic instability. The therapy entails the continuous removal of waste products, excess fluids, and electrolytes from the circulation in critically ill patients, thereby ensuring proper renal function. This method provides benefits such as enhanced hemodynamic stability, improved fluid management, and a reduction in treatment-related complications.

Globally, the incidence of acute kidney injury (AKI) is on the rise, which is a major factor in the expansion of the continuous renal replacement therapy market. Recent studies indicate that AKI affects millions of people worldwide, and its prevalence is continuously increasing. The increasing prevalence of chronic diseases such as diabetes and hypertension contribute to the rising incidence of acute kidney injury (AKI). In addition, the increasing number of surgeries, especially cardiac and significant abdominal procedures, increases the risk of AKI, thereby increasing the need for continuous renal replacement therapy.

In addition, technological advances in continuous renal replacement therapy systems have a positive effect on market expansion. Manufacturers are concentrating on creating innovative, user-friendly CRRT systems with improved therapeutic efficacy. The incorporation of automation, intelligent alarms, and real-time monitoring has increased the safety and effectiveness of CRRT. In addition, the development of efficient filter membranes and dialysis solutions has increased the performance and effectiveness of continuous renal replacement therapy systems.

To ensure sustained growth in the continuous renal replacement therapy market, however, it is necessary to address certain obstacles. Especially in developing regions, the high cost of CRRT treatment and apparatus presents a significant obstacle. The adoption of CRRT is hindered by the lack of knowledge among medical professionals and patients regarding its benefits. In addition, stringent regulatory requirements for CRRT systems and a dearth of qualified professionals can hinder market expansion.

The market for continuous renal replacement therapy is segmented by modality, product, end-user, and region. The market is divided into slow continuous ultrafiltration (SCUF), continuous venovenous hemofiltration (CVVH), continuous venovenous hemodialysis (CVVHD), and continuous venovenous hemodiafiltration (CVVHDF) based on modality. The market is segmented into consumables and CRRT systems based on product type. Hospitals, clinics, and home care settings are the end-users of continuous renal replacement therapy.

Geographically, the market for continuous renal replacement therapy is segmented as follows: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Due to its well-established healthcare infrastructure, higher adoption of advanced medical technologies, and the presence of significant market players, North America is expected to dominate the market. However, Asia Pacific is expected to experience significant growth over the forecast period due to the increasing prevalence of renal disorders, rising healthcare expenditures, and improved accessibility to healthcare facilities. Baxter International Inc., Fresenius Medical Care AG & Co. KGaA, Nikkiso Co., Ltd., Medtronic Plc, B. Braun Melsungen AG, NIPRO Medical Corporation, Asahi Kasei Corporation, and NxStage are key participants in the continuous renal replacement therapy market.

#market research #kd market insights #Continuous Renal Replacement Therapy Market

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industrynewsupdates · 3 months ago

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Nurse Call Systems Market Segmentation and Competitive Analysis Report, 2030

The global nurse call systems market size was valued at USD 1.7 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.11% from 2023 to 2030.

Gather more insights about the market drivers, restrains and growth of the Nurse Call Systems Market

Nurse Call Systems Market Segmentation

Grand View Research has segmented the global nurse call systems market report based on technology, type, application, end-use, and region:

Technology Outlook (Revenue, USD Billion, 2016 - 2030)

• Wired Communication Equipment

• Wireless Communication Equipment

Type Outlook (Revenue, USD Billion, 2016 - 2030)

• Integrated Communication Systems

• Buttons

• Mobile Systems

• Intercoms

Application Outlook (Revenue, USD Billion, 2016 - 2030)

• Alarms & Communications

• Workflow Optimization

• Wanderer Control

• Fall Detection & Prevention

End-use Outlook (Revenue, USD Billion, 2016 - 2030)

• Hospitals

• ASCs/Clinics

• Long Term Care Facilities

Regional Outlook (Revenue, USD Billion, 2016 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

o Spain

• Asia Pacific

o China

o Japan

o India

o Australia

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East & Africa

o South Africa

o UAE

o Saudi Arabia

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global radiation dose monitoring market size was valued at USD 3.44 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.

• The global patient monitoring accessories market size was valued at USD 7.83 billion in 2023 and is projected to grow at a CAGR of 9.0% from 2024 to 2030.

Key Companies & Market Share Insights

• Hill-Rom Holding, Inc.

• Rauland Corporation

• Honeywell International, Inc.

• Ascom Holding AG

• TekTone Sound and Signal Mfg., Inc.

• Austco Healthcare

• Stanley Healthcare

• Critical Alert Systems LLC

• West-Com Nurse Call Systems, Inc.

• JNL Technologies

• Cornell Communications

Order a free sample PDF of the Nurse Call Systems Market Intelligence Study, published by Grand View Research.

#Nurse Call Systems Market #Nurse Call Systems Industry #Nurse Call Systems Market size #Nurse Call Systems Market share #Nurse Call Systems Market analysis

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techsciresearch · 3 years ago

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Equipment & Consumables Product Segment to Dominate the United States Biobanks Market | TechSci Research

Rise in demand for affordable drugs and ongoing research and development activities is expected to drive the demand for United States biobanks market for the forecast period.

According to TechSci Research report, “United States Biobanks Market By Type (Population Based Biobanks v/s Disease Oriented Biobanks) By Ownership (National/regional agency, Non-profit Organization, Universities, and Private Organization) By Product (Equipment & Consumables, Media, Software & Services) By Specimen Type (Blood Products, Solid Tissue, Cell Lines, Nucleic Acid, Others) By Application (Therapeutic v/s Research) By End User (Academic Institutes, and Pharma & Biotech Companies, Others), By Region, Company Forecast & Opportunities, 2026”, the United States biobanks market is expected to witness significant growth for the next five years. Biobanking is a procedure that is used to collect and preserve biological specimens which are used for diagnosis, research activities, and biodiversity studies. The presence of different types of biobanks such as disease-oriented biobanks, tissue banks, blood banks, among others are encouraging consumers to preserve their samples in biobanks which are bolstering the market growth.

The rise in genomic research activities coupled with the expansion of application areas for bio-banked samples is driving the market growth for the forecast period. An increase in the incidence of auto immune diseases such as cancer and blood disorders in addition to the surge in the population suffering from chronic diseases is contributing to boost the market growth. The surge in popularity for personalized medicine and genetic testing is considered the key driver responsible for the market growth. An increase in the number of established stem cell biobanks along with the growing application of stem cells in cell therapy, toxicology, drug development, developmental biology is leading to the rapid rise in the number of stem cell banks, thereby creating lucrative opportunities for the biobank market growth.

The occurrence of COVID-19 outbreak across the world which has been declared as a pandemic by the World Health Organization has affected several countries adversely. Leading authorities in the United States imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus-affected patients started suffering from shortness of breath along with coughing and sneezing along with the other symptoms.

United States authorities increased the capacity of hospitals as a greater number of patients were getting affected daily and getting admitted into the hospital facilities. To contain the spread of novel coronavirus, high-quality COVID-19 specimens are required for diagnostic and research purposes which can be stored and preserved in biobanks. Biobanks are supporting the drug discovery process to ensure effective treatment along with providing quality samples for the clinical research process which in turn is fueling the growth of the market in this period.

However, the high cost involved in automation may create a hindrance in the growth of the biobanks market.

Browse XX Figures spread through XX Pages and an in-depth TOC on "United States Biobanks Market”.

https://www.techsciresearch.com/report/united-states-biobanks-market/7701.html

United States biobanks market is segmented into type, ownership, product, specimen type, application, end user, regional distribution, and company. Based on specimen type, the market can be divided into blood products, solid tissue, cell lines, nucleic acid, and others. The blood products specimen type segment is expected to account for major market share in the next years as it is the most collected specimen used for diagnostic purposes. The surge in the prevalence of hematological diseases and other blood disorders is leading to accelerating the market demand.

Also, these are the source for DNA and RNA which can provide insight into the lineage and history of the person. Based on application, the market can be bifurcated into therapeutic and research. The therapeutic segment is expected to hold a significant share in the biobanks market in the forecast period. Regenerative medicines are in high demand owing to fueling demand for high-quality biosamples and growing research in regenerative medicine is fostering the market growth.

Thermo Fisher Scientific Inc., Hamilton Company, Brooks Automation, Inc., VWR Corporation, LLC, Promega Corporation, Becton, Dickinson, and Company, RUCDR Infinite Biologics, LabVantage Solutions Inc., US Biolab Corporation, Inc., ProteoGenex, Inc., Cureline, Inc., Bay Biosciences LLC, Geneticist Inc, BioLifeSolutions Inc. are the leading players operating in United States biobanks market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several biobanks service providers are coming up with their technologically advanced offerings.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7701

Customers can also request for 10% free customization on this report.

“High-end investments by the major players to upgrade the existing infrastructure to advance the platform and tools used in genetic studies are significant factors contributing to the market growth. Technological advancements such as the use of 3-D printing for tissue samples and mini-organ creation are also contributing to propel market growth. Adoption of virtualization, digitalization, and precision medicine to provide effective treatment coupled with the launch of novel products by the major players is boosting the growth of the market in the forecast period till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“United States Biobanks Market By Type (Population Based Biobanks v/s Disease Oriented Biobanks) By Ownership (National/regional agency, Non-profit Organization, Universities, and Private Organization) By Product (Equipment & Consumables, Media, Software & Services) By Specimen Type (Blood Products, Solid Tissue, Cell Lines, Nucleic Acid, Others) By Application (Therapeutic v/s Research) By End User (Academic Institutes, and Pharma & Biotech Companies, Others), By Region, Company Forecast & Opportunities, 2026” has evaluated the future growth potential of United States biobanks market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of United States biobanks market.

Browse Related Reports:

Global Bio Preservation Market By Product (Media, Equipment, Accessories, Alarms & Monitoring System, Incubators, Centrifuges, Other), By Biospecimen (Human Tissue Samples, Stem Cells, Organs, Others), By Cell Providers (CD34+, CD19+, MSC, iPSC, hESC, Tumor Cells), By Application (Therapeutic, Research, Clinical Trials, Others), By End User (Biobanks, Gene Banks, Hospitals, Others), By Region, Forecast & Opportunities, 2025

https://www.techsciresearch.com/report/bio-preservation-market/4711.html

United States Biomedical Refrigerators & Freezers Market By Product (Pass-Through, Explosion Safe, Flammable Storage, Combo/Dual Temperature, Ultra Low Freezers, Plasma Freezers, Others), By Storage (Blood, Vaccines, Plasma, DNA, Flammable Chemicals, Others), By Temperature (RNA & DNA {-70C to -80C}, Vaccines {-30C to -40C} & Others), By Capacity (138L, 169L, 221L, 230L, 426L, 690L, Others), By End-User (Hospitals, Pharmacies, Diagnostic Centers, Research Laboratories, Blood Banks), By Region, Competition Forecast & Opportunities, 2026

https://www.techsciresearch.com/report/united-states-biomedical-refrigerators-and-freezers-market/7502.html

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

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Tel: +1-646-360-1656

Email: [email protected]

Website: https://www.techsciresearch.com/

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#TechSci #Market Research Reports #United States Biobanks Market #Healthcare #Biobanks Market #US Biobanks Market Size #US Biobanks Market Forecast #Consumer Healthcare

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blog-site-for-market-research · 9 months ago

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Size Matters: Evaluating the Hospital beds Market Share

Market Overview –

The market for hospital beds was estimated to be worth USD 3.1 billion in 2021 and is expected to increase at a compound annual growth rate (CAGR) of 7.5% between 2023 and 2032, from USD 3.33 billion in 2022 to USD 6.38 billion.

The hospital beds market is a crucial component of the healthcare sector, providing beds and related equipment for patient care in hospitals, clinics, and other healthcare facilities. Hospital beds play a vital role in patient comfort, safety, and recovery, accommodating various medical needs and treatment requirements. This market encompasses a wide range of hospital bed types, including manual, electric, and specialty beds, as well as accessories such as mattresses, side rails, and bed exit alarms.

One of the primary drivers of the hospital beds market is the increasing demand for healthcare services driven by factors such as population growth, aging demographics, and the rising prevalence of chronic diseases. As healthcare facilities strive to meet the needs of a growing patient population, there is a continuous demand for hospital beds that offer comfort, functionality, and ease of use for both patients and caregivers.

Moreover, advancements in medical technology and healthcare delivery have led to the development of innovative hospital bed designs with features such as adjustable height, tilt, and patient positioning, as well as integrated electronic systems for monitoring vital signs and controlling bed functions. These advanced beds not only enhance patient care and comfort but also improve workflow efficiency and caregiver productivity.

The COVID-19 pandemic has underscored the importance of hospital beds in managing public health crises and accommodating surges in patient admissions. The pandemic has led to increased demand for hospital beds, particularly in intensive care units (ICUs), prompting healthcare facilities to invest in additional beds and expand their capacity to meet the growing needs of COVID-19 patients.

Despite challenges such as budget constraints, space limitations, and regulatory requirements, the hospital beds market is expected to grow as healthcare systems worldwide continue to invest in infrastructure development and modernization. With ongoing innovation in bed design, materials, and technology, the hospital beds market holds promise for improving patient outcomes and enhancing the quality of care in healthcare facilities.

The hospital beds market is experiencing steady growth, fueled by the constant demand for quality patient care and healthcare facility expansion. Bed in hospital, the cornerstone of patient comfort and care, are evolving to meet diverse needs, including specialized features for critical care, bariatric patients, and enhanced infection control measures. As hospitals upgrade their infrastructure, the demand for modern, ergonomic beds in hospitals continues to rise, driving market expansion.

Segmentation –

MRFR has made an attempt to read the global hospital beds market closely by segmenting it on the basis of type, power, and end-users. This analysis has a strong foundation in the volume-wise and value-wise analysis of the global market.

Based on types, the global hospital beds market includes long-term care, acute care, psychiatric & bariatric care, and others (maternity and rehabilitation beds). The global market is expecting strong growth from the long-term care segment.

By power, the hospital beds market comprises electric bed, semi-electric bed, and manual bed. The electric bed segment is expected to receive strong traction due to hike in the global healthcare expenditure and investment to increase level of comfort for patients.

By end-users, the global hospital beds market includes hospital, clinics, ambulatory, and others. The hospital segment is expected to grow notably.

Regional Analysis –

The hospital beds market varies regionally due to differences in healthcare infrastructure, hospital capacity, and patient demographics. In developed regions like North America and Europe, where there is a higher concentration of hospitals and a greater demand for specialized medical care, the market for hospital beds is mature and characterized by a wide range of products catering to diverse patient needs.

Conversely, in developing regions with limited healthcare resources and infrastructure, such as parts of Africa and Asia-Pacific, the hospital beds market is still emerging, with a focus on basic functionality and affordability. Moreover, cultural preferences and government healthcare policies influence the adoption of specific types of hospital beds, such as electric or manual, across different regions. As the global population ages and healthcare demands continue to evolve, there is a growing need for innovative solutions and investment in hospital bed technology to meet the diverse needs of patients worldwide.

Key Players –

Hospital beds companies include Hill-Rom Holdings, Stryker Corporation, Linet spol. s r.o., Invacare Corporation, Paramount Bed Holdings Co., Gendron Inc., and Getinge AB.

Related Reports –

Clinical Alarm Management

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For more information visit at MarketResearchFuture

#Hospital beds Market #Hospital beds Market Size #Hospital beds Market Share #Hospital beds Market Growth #Hospital beds Market Trends

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rohitpalan · 1 year ago

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Evolving Customer Demands in Alarm Management

Alarm management system market revenues are expected to reach $2 billion by 2032. Due to increased need to handle alarm overload in manufacturing plants, sales in the market are expected to develop at an 11-13% CAGR over the forecast period.

Advanced alarm management systems are being utilised in Supervisory Control and Data Acquisition (SCADA) for alert classification, prioritisation, and event notification. This is expected to improve alarm management system sales over the forecast period.

The need for efficient and accurate tools to handle SCADA is driven by the growing use of technologically advanced equipment, Big Data, and mHealth tools in the healthcare industry.

Calling all Innovators: Gain an Unfair Advantage in the Alarm Management System Market- Download Now @ https://www.futuremarketinsights.com/reports/sample/rep-gb-9093

Global Alarm Management System Market: Dynamics

Alarm management systems reduce alarm flooding through near real time alerts, which is one of the major factors driving the growth of the market during. That apart, these systems help to keep processes safe and profitable through a DCS (Distributed Control System) which maintains and creates a master alarm database. Thus, this factor will also propel the growth of the alarm management system market over the projected period. Furthermore, these systems improve decision support, operator effectiveness and situation awareness.

This is another factor that will also contribute towards the growth of the alarm management system market during the forecast period. Increasing need to conform with current industry standards and best practices, such as EEMUA 191, ISA 18.2 and IEC 62682, will also create demand space for alarm management systems during the forecast period. However, some implementation and technical challenges, such as configuration issues, redefining KPIs (Key Performance Indicators) and alarm philosophy development, are expected to restrain the growth of the alarm management system market during the forecast period.

Some other factors, such as implementation of dynamic alarming, need to keep alarm rationalization up to date, etc. are also likely to hinder the growth of the alarm management system market during the forecast period.

Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-9093

Market Competition

Major players operating in the global alarm management system market include

Vocera Communications,

Masimo Corporation,

PAS Global LLC,

exida.com LLC,

Honeywell International Inc.,

Ascom Holdings,

Yokogawa India Ltd.,

KLAS Research,

GE Healthcare,

Spok Inc., and

Koninklijke Philips, among others.

Key players are improving their global presence by advancing their software and service and expanding their product portfolios. Furthermore, they are also entering into business agreements such as joint ventures and collaborations to improve their supply chain.

Global Alarm Management System Market: Regional Outlook

Geographically, the alarm management system market can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.

North America is anticipated to be the major revenue generating region in the global alarm management market owing to the increasing usage of alarm management systems for clinical purposes. Moreover, increasing demand for integrated healthcare IT systems to ensure reliability and various initiatives being taken by government bodies to reduce alarm fatigue are other important factors driving the growth of the alarm management system market in this region.

The alarm management system market in Asia Pacific is anticipated to grow at a significant rate owing to the growing usage of alarm management systems in manufacturing industries in this region. Countries, such as China, Japan and India, are expected to drive the growth of the market in this region.

Unlock Bespoke Analysis: Request Customized Insights to Fuel Your Success in the Alarm Management System Market @ https://www.futuremarketinsights.com/toc/rep-gb-9093

Key Segments Profiled in the Alarm Management System Market

Component:

Services

Software

Industry:

Oil and Gas

Chemical

Automotive

Agriculture

Research and Development

Region:

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific excluding Japan (APEJ)

Japan

Middle East & Africa

#Alarm Management System Market

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reportsandmarkets · 5 years ago

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Global Clinical Alarm Management System Market 2019-2024 | Top key players are Koninklijke Philips,Vocera Communications,GE Healthcare,Ascom Holdings,Spok,Masimo,Connexall,Bernoulli Enterprise,Capsule Technologie,Mobile Heartbeat

Global Clinical Alarm Management System Market Report 2019

The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Clinical Alarm Management System market analysis is provided for the international market including development history, competitive landscape analysis, and major regions.

The Global Clinical Alarm…

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superaakash24 · 6 years ago

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Top 9 Applications of Machine Learning in Real World

uture of Machine Learning “ A Learning Machine is any device Whose actions are influenced by past experience.” - N.Jhon.Nilsson

Machine Learning is a science to make the machine capable of taking the decision itself. These systems also have the ability to learn from past experience or analyze historical data. It provides results according to its experience.

Here, we will explore Machine Learning Applications. These Applications of Machine Learning shows the area or scope of Machine Learning.

So, let’s start Machine learning Applications.

Machine Learning Applications

As we move forward into the digital age, One of the modern innovations we’ve seen is the creation of Machine Learning. This incredible form of artificial intelligence is already being used in various industries and professions. For Example, Image and Speech Recognition, Medical Diagnosis, Prediction, Classification, Learning Associations, Statistical Arbitrage, Extraction, Regression. Today we’re looking at all these Machine Learning Applications in today’s modern world.

These are the real world Machine Learning Applications, let’s see them one by one-

1. Image Recognition

It is one of the most common machine learning applications. There are many situations where you can classify the object as a digital image. For digital images, the measurements describe the outputs of each pixel in the image.

In the case of a black and white image, the intensity of each pixel serves as one measurement. So if a black and white image has N*N pixels, the total number of pixels and hence measurement is N2.

Let’s discuss ANN in Machine Learning

In the coloured image, each pixel considered as providing 3 measurements of the intensities of 3 main colour components ie RGB. So N*N coloured image there are 3 N2 measurements.

For face detection – The categories might be face versus no face present. There might be a separate category for each person in a database of several individuals.

For character recognition – We can segment a piece of writing into smaller images, each containing a single character. The categories might consist of the 26 letters of the English alphabet, the 10 digits, and some special characters.

2. Speech Recognition

Speech recognition (SR) is the translation of spoken words into text. It is also known as “automatic speech recognition” (ASR), “computer speech recognition”, or “speech to text” (STT).

In speech recognition, a software application recognizes spoken words. The measurements in this Machine Learning application might be a set of numbers that represent the speech signal. We can segment the signal into portions that contain distinct words or phonemes. In each segment, we can represent the speech signal by the intensities or energy in different time-frequency bands.

Although the details of signal representation are outside the scope of this program, we can represent the signal by a set of real values.

Do you know about Artificial Neural Network Model

Speech recognition, Machine Learning applications include voice user interfaces. Voice user interfaces are such as voice dialing, call routing, domotic appliance control. It can also use as simple data entry, preparation of structured documents, speech-to-text processing, and plane.

3. Medical Diagnosis

ML provides methods, techniques, and tools that can help in solving diagnostic and prognostic problems in a variety of medical domains. It is being used for the analysis of the importance of clinical parameters and of their combinations for prognosis, e.g. prediction of disease progression, for the extraction of medical knowledge for outcomes research, for therapy planning and support, and for overall patient management. ML is also being used for data analysis, such as detection of regularities in the data by appropriately dealing with imperfect data, interpretation of continuous data used in the Intensive Care Unit, and for intelligent alarming resulting in effective and efficient monitoring.

It is argued that the successful implementation of ML methods can help the integration of computer-based systems in the healthcare environment providing opportunities to facilitate and enhance the work of medical experts and ultimately to improve the efficiency and quality of medical care.

Let’s take a tour of Neural Network Algorithms

In medical diagnosis, the main interest is in establishing the existence of a disease followed by its accurate identification. There is a separate category for each disease under consideration and one category for cases where no disease is present. Here, machine learning improves the accuracy of medical diagnosis by analyzing data of patients.

The measurements in this Machine Learning applications are typically the results of certain medical tests (example blood pressure, temperature and various blood tests) or medical diagnostics (such as medical images), presence/absence/intensity of various symptoms and basic physical information about the patient(age, sex, weight etc). On the basis of the results of these measurements, the doctors narrow down on the disease inflicting the patient.

4. Statistical Arbitrage

In finance, statistical arbitrage refers to automated trading strategies that are typical of a short-term and involve a large number of securities. In such strategies, the user tries to implement a trading algorithm for a set of securities on the basis of quantities such as historical correlations and general economic variables. These measurements can be cast as a classification or estimation problem. The basic assumption is that prices will move towards a historical average.

Do you know about Kernel Functions

We apply machine learning methods to obtain an index arbitrage strategy. In particular, we employ linear regression and support vector regression (SVR)onto the prices of an exchange-traded fund and a stream of stocks. By using principal component analysis (PCA) in reducing the dimension of feature space, we observe the benefit and note the issues in the application of SVR. To generate trading signals, we model the residuals from the previous regression as a mean reverting process.

In the case of classification, the categories might be sold, buy or do nothing for each security. I the case of estimation one might try to predict the expected return of each security over a future time horizon. In this case, one typically needs to use the estimates of the expected return to make a trading decision(buy, sell, etc.)

5. Learning Associations

Learning association is the process of developing insights into various associations between products. A good example is how seemingly unrelated products may reveal an association to one another. When analyzed in relation to buying behaviors of customers.

Let’s discuss Deep learning and Neural Networks in Machine Learning

One application of machine learning- Often studying the association between the products people buy, which is also known as basket analysis. If a buyer buys ‘X’, would he or she force to buy ‘Y’ because of a relationship that can identify between them? This leads to the relationship that exists between fish and chips etc. when new products launch in the market a Knowing these relationships it develops a new relationship. Knowing these relationships could help in suggesting the associated product to the customer. For a higher likelihood of the customer buying it, It can also help in bundling products for a better package.

This learning of associations between products by a machine is learning associations. Once we found an association by examining a large amount of sales data, Big Data analysts. It can develop a rule to derive a probability test in learning a conditional probability.

6. Classification

Classification is a process of placing each individual from the population under study in many classes. This is identified as independent variables.

Have a look at Convolutional Neural Networks Architecture

Classification helps analysts to use measurements of an object to identify the category to which that object belongs. To establish an efficient rule, analysts use data. Data consists of many examples of objects with their correct classification.

For example, before a bank decides to disburse a loan, it assesses customers on their ability to repay the loan. By considering factors such as customer’s earning, age, savings and financial history we can do it. This information is taken from the past data of the loan. Hence, Seeker uses to create a relationship between customer attributes and related risks.

7. Prediction

Consider the example of a bank computing the probability of any of loan applicants faulting the loan repayment. To compute the probability of the fault, the system will first need to classify the available data in certain groups. It is described by a set of rules prescribed by the analysts.

Let’s revise Recurrent Neural Networks

Once we do the classification, as per need we can compute the probability. These probability computations can compute across all sectors for varied purposes

The current prediction is one of the hottest machine learning algorithms. Let’s take an example of retail, earlier we were able to get insights like sales report last month / year / 5-years / Diwali / Christmas. These type of reporting is called as historical reporting. But currently business is more interested in finding out what will be my sales next month / year / Diwali, etc. So that business can take a required decision (related to procurement, stocks, etc.) on time.

8. Extraction

Information Extraction (IE) is another application of machine learning. It is the process of extracting structured information from unstructured data. For example web pages, articles, blogs, business reports, and e-mails. The relational database maintains the output produced by the information extraction.

The process of extraction takes input as a set of documents and produces a structured data. This output is in a summarized form such as an excel sheet and table in a relational database.

Nowadays extraction is becoming a key in the big data industry.

As we know that the huge volume of data is getting generated out of which most of the data is unstructured. The first key challenge is handling unstructured data. Now conversion of unstructured data to structured form based on some pattern so that the same can stored in RDBMS.

Apart from this in current days data collection mechanism is also getting change. Earlier we collected data in batches like End-of-Day (EOD), but now business wants the data as soon as it is getting generated, i.e. in real time.

9. Regression

We can apply Machine learning to regression as well.

Assume that x= x1, x2, x3, … xn are the input variables and y is the outcome variable. In this case, we can use machine learning technology to produce the output (y) on the basis of the input variables (x). You can use a model to express the relationship between various parameters as below:

Have a look at Advantages and Disadvantages of Machine Learning

Y=g(x) where g is a function that depends on specific characteristics of the model. In regression, we can use the principle of machine learning to optimize the parameters. To cut the approximation error and calculate the closest possible outcome.

We can also use Machine learning for function optimization. We can choose to alter the inputs to get a better model. This gives a new and improved model to work with. This is known as response surface design.

So, this was all about Machine Learning Applications. Hope you like our explanation.

3. Conclusion

In conclusion, Machine learning is an incredible breakthrough in the field of artificial intelligence. While it does have some frightening implications when you think about it, these Machine Learning Applications are several of the many ways this technology can improve our lives. In the next few years Future of Machine Learning will be very bright.

If you found any other Machine Learning applications, So, please let us know in the comments!

#machine learning #machine learning application #deeplearning #artificial intelligence

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