The medical wireless alarm system market size has grown rapidly in recent years. It will grow from $1.22 billion in 2024 to $1.43 billion in 2025 at a compound annual growth rate (CAGR) of 17.2%. The growth during the historic period can be attributed to the increasing adoption of hospital automation systems, a growing elderly population with chronic conditions, rising demand for patient safety monitoring, the increasing use of real-time location systems, and greater awareness of the importance of emergency response systems.
The medical wireless alarm system market size is expected to see rapid growth in the next few years. It will grow to $2.67 billion in 2029 at a compound annual growth rate (CAGR) of 16.9%. The projected growth in the forecast period can be attributed to the increasing demand for wireless communication in hospitals, the growing use of wearable medical devices, a heightened focus on smart healthcare facility design, the rise of cloud-based health monitoring solutions, and the growing need for remote health monitoring. Key trends expected during this period include the development of low-power wireless protocols, integration with electronic health records, incorporation of multi-parameter sensors, innovation in voice-activated alarms, and advancements in edge computing for alarm systems.
The growing adoption of remote patient monitoring (RPM) systems is expected to significantly boost the growth of the medical wireless alarm system market in the coming years. RPM is a healthcare practice that uses digital technologies to gather patients' health data remotely and transmit it to healthcare providers for evaluation and guidance. The increasing demand for RPM is driven by the rising prevalence of chronic diseases that require continuous, real-time health monitoring to effectively manage conditions and reduce hospital visits. Medical wireless alarm systems complement RPM by providing real-time alerts and continuous health tracking, making them crucial for managing chronic conditions and enhancing patient safety. These systems reduce response times by instantly notifying healthcare providers about critical changes in a patient's condition, improving the efficiency of care delivery. For example, in April 2024, Insurance Thought Leadership Inc., a US-based company specializing in insurance and risk management, reported that telehealth usage reached over 53 million Medicare participants, with 91% of health systems implementing telehealth programs. Consequently, the growing adoption of RPM systems is driving the expansion of the medical wireless alarm system market.
Key players in the medical wireless alarm system market are focusing on developing cutting-edge products, such as Lite Plus monitoring devices, to enhance patient safety and optimize healthcare operations. Lite Plus monitoring products are advanced, wireless healthcare devices designed to monitor vital signs and alert medical personnel in real-time, ensuring improved patient care and timely intervention. For instance, in August 2023, Aulisa Medical USA Inc., a US-based medical device company, launched the Guardian Angel system. These FDA-cleared, wearable, wireless Lite Plus monitoring devices continuously track blood oxygen saturation (SpO2) and pulse rate (PR), providing real-time data on smartphones and local devices. They feature customizable alarms for early detection of vital sign abnormalities, support multiple caregivers, allow for cloud data storage, and include Bluetooth-to-Wi-Fi conversion for extended remote monitoring. The system is specifically designed for both infants (using a foot sensor) and adults (using a finger sensor) within a range of approximately 32 feet.
In August 2023, Intelligent Monitoring Group Ltd., an Australia-based security systems company, acquired ADT Inc.'s security monitoring business for $45 million. This acquisition allows Intelligent Monitoring Group to strengthen its position as the largest security monitoring provider in Australasia, expanding its market reach, improving operational efficiency, and accelerating growth in both residential and commercial sectors. ADT Inc., a US-based IT security company, offers medical wireless alarm systems as part of its broader home security solutions.
Major players in the medical wireless alarm system market are Koninklijke Philips N.V., Stryker Corporation, Baxter International, Roper Technologies Inc., AMETEK Inc., ADT Inc., OSI Systems Inc., Connect America Holdings LLC, Ascom Holding AG, Napco Security Technologies Inc., TIDI Products LLC, Vitality Inc., Life Alert Emergency Response Inc., TekTone Sound & Signal Mfg, LifeStation Inc, Medical Guardian LLC, LifeFone Inc, Cadi Scientific Pte Ltd, Best Buy Co. Inc., Hospitech Healthcare.
North America was the largest region in the medical wireless alarm system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in medical wireless alarm system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the medical wireless alarm system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The medical wireless alarm system is a network-based solution designed to monitor patient health and the status of hospital equipment in real-time using wireless communication. It provides instant alerts to medical staff via alarms or notifications when abnormal conditions are detected. The system typically consists of sensors, transmitters, and a central monitoring unit, with the primary goal of enhancing patient safety and ensuring a rapid medical response.
The main types of medical wireless alarm systems include Wireless Fidelity (Wi-Fi), Bluetooth, cellular, and other product types. Wireless Fidelity (Wi-Fi) refers to a technology that allows electronic devices to connect to a wireless local area network (WLAN) using radio waves, enabling access to the internet and network resources without the need for physical cables. These alarm systems come in various forms, such as portable alarm systems, stationary alarm systems, and wearable alarm systems. They are used in healthcare settings such as hospitals, clinics, ambulatory surgery centers, and other medical facilities. The end-users of these systems include healthcare providers, home care providers, assisted living facilities, as well as patients and caregivers.
The medical wireless alarm system market research report is one of a series of new reports that provides medical wireless alarm system market statistics, including the medical wireless alarm system industry's global market size, regional shares, competitors with the medical wireless alarm system market share, detailed medical wireless alarm system market segments, market trends and opportunities, and any further data you may need to thrive in the medical wireless alarm system market. This medical wireless alarm system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The medical wireless alarm system market consists of sales of wireless nurse call systems, patient bed exit alarms, fall detection sensors, wireless vital signs monitors, and emergency call buttons. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The medical wireless alarm system market size is expected to see rapid growth in the next few years. It will grow to $2.67 billion in 2029 at a compound annual growth rate (CAGR) of 16.9%. The projected growth in the forecast period can be attributed to the increasing demand for wireless communication in hospitals, the growing use of wearable medical devices, a heightened focus on smart healthcare facility design, the rise of cloud-based health monitoring solutions, and the growing need for remote health monitoring. Key trends expected during this period include the development of low-power wireless protocols, integration with electronic health records, incorporation of multi-parameter sensors, innovation in voice-activated alarms, and advancements in edge computing for alarm systems.
The growing adoption of remote patient monitoring (RPM) systems is expected to significantly boost the growth of the medical wireless alarm system market in the coming years. RPM is a healthcare practice that uses digital technologies to gather patients' health data remotely and transmit it to healthcare providers for evaluation and guidance. The increasing demand for RPM is driven by the rising prevalence of chronic diseases that require continuous, real-time health monitoring to effectively manage conditions and reduce hospital visits. Medical wireless alarm systems complement RPM by providing real-time alerts and continuous health tracking, making them crucial for managing chronic conditions and enhancing patient safety. These systems reduce response times by instantly notifying healthcare providers about critical changes in a patient's condition, improving the efficiency of care delivery. For example, in April 2024, Insurance Thought Leadership Inc., a US-based company specializing in insurance and risk management, reported that telehealth usage reached over 53 million Medicare participants, with 91% of health systems implementing telehealth programs. Consequently, the growing adoption of RPM systems is driving the expansion of the medical wireless alarm system market.
Key players in the medical wireless alarm system market are focusing on developing cutting-edge products, such as Lite Plus monitoring devices, to enhance patient safety and optimize healthcare operations. Lite Plus monitoring products are advanced, wireless healthcare devices designed to monitor vital signs and alert medical personnel in real-time, ensuring improved patient care and timely intervention. For instance, in August 2023, Aulisa Medical USA Inc., a US-based medical device company, launched the Guardian Angel system. These FDA-cleared, wearable, wireless Lite Plus monitoring devices continuously track blood oxygen saturation (SpO2) and pulse rate (PR), providing real-time data on smartphones and local devices. They feature customizable alarms for early detection of vital sign abnormalities, support multiple caregivers, allow for cloud data storage, and include Bluetooth-to-Wi-Fi conversion for extended remote monitoring. The system is specifically designed for both infants (using a foot sensor) and adults (using a finger sensor) within a range of approximately 32 feet.
In August 2023, Intelligent Monitoring Group Ltd., an Australia-based security systems company, acquired ADT Inc.'s security monitoring business for $45 million. This acquisition allows Intelligent Monitoring Group to strengthen its position as the largest security monitoring provider in Australasia, expanding its market reach, improving operational efficiency, and accelerating growth in both residential and commercial sectors. ADT Inc., a US-based IT security company, offers medical wireless alarm systems as part of its broader home security solutions.
Major players in the medical wireless alarm system market are Koninklijke Philips N.V., Stryker Corporation, Baxter International, Roper Technologies Inc., AMETEK Inc., ADT Inc., OSI Systems Inc., Connect America Holdings LLC, Ascom Holding AG, Napco Security Technologies Inc., TIDI Products LLC, Vitality Inc., Life Alert Emergency Response Inc., TekTone Sound & Signal Mfg, LifeStation Inc, Medical Guardian LLC, LifeFone Inc, Cadi Scientific Pte Ltd, Best Buy Co. Inc., Hospitech Healthcare.
North America was the largest region in the medical wireless alarm system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in medical wireless alarm system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the medical wireless alarm system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The medical wireless alarm system is a network-based solution designed to monitor patient health and the status of hospital equipment in real-time using wireless communication. It provides instant alerts to medical staff via alarms or notifications when abnormal conditions are detected. The system typically consists of sensors, transmitters, and a central monitoring unit, with the primary goal of enhancing patient safety and ensuring a rapid medical response.
The main types of medical wireless alarm systems include Wireless Fidelity (Wi-Fi), Bluetooth, cellular, and other product types. Wireless Fidelity (Wi-Fi) refers to a technology that allows electronic devices to connect to a wireless local area network (WLAN) using radio waves, enabling access to the internet and network resources without the need for physical cables. These alarm systems come in various forms, such as portable alarm systems, stationary alarm systems, and wearable alarm systems. They are used in healthcare settings such as hospitals, clinics, ambulatory surgery centers, and other medical facilities. The end-users of these systems include healthcare providers, home care providers, assisted living facilities, as well as patients and caregivers.
The medical wireless alarm system market research report is one of a series of new reports that provides medical wireless alarm system market statistics, including the medical wireless alarm system industry's global market size, regional shares, competitors with the medical wireless alarm system market share, detailed medical wireless alarm system market segments, market trends and opportunities, and any further data you may need to thrive in the medical wireless alarm system market. This medical wireless alarm system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The medical wireless alarm system market consists of sales of wireless nurse call systems, patient bed exit alarms, fall detection sensors, wireless vital signs monitors, and emergency call buttons. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Medical Wireless Alarm System Market Characteristics3. Medical Wireless Alarm System Market Trends And Strategies4. Medical Wireless Alarm System Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market32. Global Medical Wireless Alarm System Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Medical Wireless Alarm System Market34. Recent Developments In The Medical Wireless Alarm System Market
5. Global Medical Wireless Alarm System Growth Analysis And Strategic Analysis Framework
6. Medical Wireless Alarm System Market Segmentation
7. Medical Wireless Alarm System Market Regional And Country Analysis
8. Asia-Pacific Medical Wireless Alarm System Market
9. China Medical Wireless Alarm System Market
10. India Medical Wireless Alarm System Market
11. Japan Medical Wireless Alarm System Market
12. Australia Medical Wireless Alarm System Market
13. Indonesia Medical Wireless Alarm System Market
14. South Korea Medical Wireless Alarm System Market
15. Western Europe Medical Wireless Alarm System Market
16. UK Medical Wireless Alarm System Market
17. Germany Medical Wireless Alarm System Market
18. France Medical Wireless Alarm System Market
19. Italy Medical Wireless Alarm System Market
20. Spain Medical Wireless Alarm System Market
21. Eastern Europe Medical Wireless Alarm System Market
22. Russia Medical Wireless Alarm System Market
23. North America Medical Wireless Alarm System Market
24. USA Medical Wireless Alarm System Market
25. Canada Medical Wireless Alarm System Market
26. South America Medical Wireless Alarm System Market
27. Brazil Medical Wireless Alarm System Market
28. Middle East Medical Wireless Alarm System Market
29. Africa Medical Wireless Alarm System Market
30. Medical Wireless Alarm System Market Competitive Landscape And Company Profiles
31. Medical Wireless Alarm System Market Other Major And Innovative Companies
35. Medical Wireless Alarm System Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Medical Wireless Alarm System Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on medical wireless alarm system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for medical wireless alarm system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The medical wireless alarm system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Types: Wireless Fidelity; Bluetooth; Cellular; Other Product Types2) By Type Of Alarm System: Portable Alarm Systems; Stationary Alarm Systems; Wearable Alarm Systems
4) By Applications: Hospitals; Clinics; Ambulatory Surgery Center; Other Applications
5) By End-User: Healthcare Providers; Home Care Providers; Assisted Living Facilities; Patients And Caregivers
Subsegments:
1) By Portable Alarm Systems: Handheld Devices; Wireless Pager Systems; Mobile Phone-Based Alerts2) By Stationary Alarm Systems: Bedside Alarm Systems; Wall-Mounted Systems; Fixed Monitoring Stations
3) By Wearable Alarm Systems: Smartwatch-Based Systems; Clip-on Devices; Wristband Sensors
Key Companies Profiled: Koninklijke Philips N.V.; Stryker Corporation; Baxter International; Roper Technologies Inc.; AMETEK Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Koninklijke Philips N.V.
- Stryker Corporation
- Baxter International
- Roper Technologies Inc.
- AMETEK Inc.
- ADT Inc.
- OSI Systems Inc.
- Connect America Holdings LLC
- Ascom Holding AG
- Napco Security Technologies Inc.
- TIDI Products LLC
- Vitality Inc.
- Life Alert Emergency Response Inc.
- TekTone Sound & Signal Mfg
- LifeStation Inc
- Medical Guardian LLC
- LifeFone Inc
- Cadi Scientific Pte Ltd
- Best Buy Co. Inc.
- Hospitech Healthcare