Medical Wireless Alarm System Global Market Report 2025

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.

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