Japan Clinical Alarm Management Market Size & Outlook
Japan clinical alarm management market, 2018-2030 (US$M)
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Japan clinical alarm management market highlights
- The Japan clinical alarm management market generated a revenue of USD 22.2 million in 2022 and is expected to reach USD 125.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 24.2% 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 22.2 million |
| Market revenue in 2030 | USD 125.3 million |
| Growth rate | 24.2% (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, Japan accounted for 1.8% 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 Asia Pacific, Australia clinical alarm management market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 338.5 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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Japan 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 26.58% in 2022. Horizon Databook has segmented the Japan 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 country is expected to account for a significant share of the clinical alarm management systems market over the forecast period. One of the major drivers of the market is the rising burden of the country’s aging population coupled with improving healthcare infrastructure with smart technologies.
Innovation in medical technology has historically risen in the past decade in Japan. The country has implemented a large number of clinical alarms in intensive care units with an appropriate management system to prevent false positive alerts.
Moreover, the country provides a universal healthcare service that covers most of the hospitalized population. These offers can be availed from small clinics to large hospitals. Because of such free healthcare services offered, the majority of the population prefers inpatient hospitalizations for a variety of diseases, thereby increasing patient pools in hospitals.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan clinical alarm management market , including forecasts for subscribers. This country databook contains high-level insights into Japan clinical alarm management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan clinical alarm management market size, by end use, 2018-2030 (US$M)
Japan Clinical Alarm Management Market Outlook Share, 2022 & 2030 (US$M)
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