UAE Clinical Alarm Management Market Size & Outlook
UAE clinical alarm management market, 2018-2030 (US$M)
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UAE clinical alarm management market highlights
- The UAE clinical alarm management market generated a revenue of USD 3.4 million in 2022 and is expected to reach USD 18.2 million by 2030.
- The UAE market is expected to grow at a CAGR of 23.5% 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 3.4 million |
| Market revenue in 2030 | USD 18.2 million |
| Growth rate | 23.5% (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, UAE accounted for 0.3% 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 Middle East & Africa, Saudi Arabia clinical alarm management market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 18.2 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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UAE 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 26.47% in 2022. Horizon Databook has segmented the UAE 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.
Digital transformation in the healthcare sectors in the UAE has widely improved due to strategic initiatives by the government. For instance, in December 2019, the Ministry of Health and Prevention of the UAE collaborated with Vocera Communications, Inc. to standardize care team communication with clinical alarm management systems called “Smart Badge”’ in the country’s healthcare units.
The Vocera technology platform of clinical alarm management software with more than 140 clinical systems has been incorporated in the country’s major hospitals to integrate nurse call systems, EHRs, vital physiological monitors, real-time location monitors, and ventilators in each hospital unit’s premises.
In addition, the country has a fully funded healthcare system offered by the government coupled with rapidly growing private healthcare sectors, which increases the opportunity for installing clinical alarm management software to improve health outcomes.
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Our clientele includes a mix of clinical alarm management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE clinical alarm management market , including forecasts for subscribers. This country databook contains high-level insights into UAE clinical alarm management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE clinical alarm management market size, by end use, 2018-2030 (US$M)
UAE Clinical Alarm Management Market Outlook Share, 2022 & 2030 (US$M)
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