As per a report by P&S Intelligence, the clinical alarm management market generated a value of USD 3,201 million in 2022, and it will touch USD 7,013 million, advancing at a 10.30% CAGR, by 2030.
The growth in the industry is credited to the, increasing healthcare requirement, rising disease incidence, mounting elderly population, and the growing number of government initiatives in developing and developed countries for the adoption of medical alarms.
Moreover, due to the growing investment in IP-
