Italy Clinical Alarm Management Market Size & Outlook
Italy clinical alarm management market, 2018-2030 (US$M)
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Italy clinical alarm management market highlights
- The Italy clinical alarm management market generated a revenue of USD 29.6 million in 2022 and is expected to reach USD 133.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 20.7% from 2023 to 2030.
- In terms of segment, hospitals & clinics was the largest revenue generating end use in 2022.
- Long-Term Care Facilities is the most lucrative end use segment registering the fastest growth during the forecast period.
Clinical alarm management market data book summary
| Market revenue in 2022 | USD 29.6 million |
| Market revenue in 2030 | USD 133.5 million |
| Growth rate | 20.7% (CAGR from 2022 to 2030) |
| Largest segment | Hospitals & clinics |
| Fastest growing segment | Long-Term Care Facilities |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Home Care Settings, Specialty Centers, Hospitals & Clinics, Ambulatory Care Centers, Long-Term Care Facilities |
| Key market players worldwide | Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Ascom Holding AG, Spok Holdings Inc, Masimo Corp, Hill-Rom, Qualcomm Inc, Medtronic PLC, West Pharmaceutical Services Inc, Stryker Corp |
Other key industry trends
- In terms of revenue, Italy accounted for 2.4% of the global clinical alarm management market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK clinical alarm management market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 205.1 million by 2030.
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Clinical Alarm Management Market Scope
Clinical Alarm Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy clinical alarm management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to clinical alarm management market will help companies and investors design strategic landscapes.
Hospitals & clinics was the largest segment with a revenue share of 26.69% in 2022. Horizon Databook has segmented the Italy clinical alarm management market based on home care settings, specialty centers, hospitals & clinics, ambulatory care centers, long-term care facilities covering the revenue growth of each sub-segment from 2018 to 2030.
The Italy clinical alarm management market is expected to witness the fastest growth during the forecast period. This can be attributed to growing awareness among healthcare providers about improving patient safety using advanced technologies, such as alarm management services and solutions.
In addition, Italy’s healthcare infrastructure and services are known as one of the 10 best healthcare systems in the world. A major factor contributing to universal coverage provided by Italy’s National Health Service.
This offers free-of-charge health services in the country to the majority of hospitalizations. In addition, growing investment in improving healthcare infrastructure by private healthcare providers and the government is expected to fuel market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy clinical alarm management market , including forecasts for subscribers. This country databook contains high-level insights into Italy clinical alarm management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy clinical alarm management market size, by end use, 2018-2030 (US$M)
Italy Clinical Alarm Management Market Outlook Share, 2022 & 2030 (US$M)
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