Mexico Clinical Alarm Management Market Size & Outlook
Mexico clinical alarm management market, 2018-2030 (US$M)
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Mexico clinical alarm management market highlights
- The Mexico clinical alarm management market generated a revenue of USD 8.1 million in 2022 and is expected to reach USD 42.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 22.8% 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 8.1 million |
| Market revenue in 2030 | USD 42.0 million |
| Growth rate | 22.8% (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, Mexico accounted for 0.7% 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 Latin America, Brazil clinical alarm management market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 108.3 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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Mexico 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 27.16% in 2022. Horizon Databook has segmented the Mexico 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.
Mexico is expected to witness significant market growth over the forecast period owing to the country’s efficient development of healthcare infrastructure and a large number of hospitals in the region. According to the Nation Master index, Mexico stands third for having a large number of hospitals in the world.
Due to large patient pools in hospitals, the government has improved the number of beds in each hospital with advanced monitoring systems. Some key players in the market offer clinical alarm management products to the country’s major hospitals.
For instance, companies such as Philips have their operational unit in the country, which enhances the manufacturing and supplying process of clinical alarm management solutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico clinical alarm management market , including forecasts for subscribers. This country databook contains high-level insights into Mexico clinical alarm management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico clinical alarm management market size, by end use, 2018-2030 (US$M)
Mexico Clinical Alarm Management Market Outlook Share, 2022 & 2030 (US$M)
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