[320 Pages] Global mass notification system in healthcare market sales revenue were valued at around ~US$ 1,311.9 Mn at the end of 2021. The market is projected to register 16.9% CAGR and top a valuation of ~US$ 3,326.5 Mn by 2027. The mass notification system in healthcare market accounted for almost 16% share of mass notification system market globally.
Attribute | Details |
---|---|
Base year (2022) Market Value | US$ 1,521.5 million |
Projected year (2027) Value | US$ 3,326.5 million |
CAGR% (2022-2027) | 16.9% |
Top 5 Vendor Market Share | Around 20% |
In-building mass notification system, outdoor mass notification system, and distributed mass notification system helps to send the instructions and real-time healthcare alerts to hospitals, clinics, nursing home, ambulatory surgical centers, and long-term care centers.
With growing number of healthcare centers across the globe, demand for mass notification systems is increasing. Several medical centers are focusing on deploying certain systems to protect employees and patient from unanticipated disasters.
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Market Statistics | Details |
---|---|
H1,2021 (A) | 13.0% |
H1,2022 Projected (P) | 13.8% |
H1,2022 Outlook (O) | 14.0% |
BPS Change : H1,2022 (O) - H1,2022 (P) | (+) 20 ↑ |
BPS Change : H1,2022 (O) - H1,2021 (A) | (+) 100 ↑ |
Future Market Insights analyzes a comparison for mass notification system in healthcare market from H1,2021 to H1,2022. As per FMI, the difference in the BPS values observed in the mass notification system in healthcare market in H1, 2022 - outlook over H1, 2022 projected reflects growth of 20-unit.
Mass notification system providers now have more options to connect their products with IoT technologies and offer standalone systems as a result of the growth of the healthcare IoT. This factor drives the growth of mass notification system in healthcare market.
In addition, when compared to H1-2021, the market is anticipated to grow by 100 points in H1-2022. Due to the rise in mass casualty, there is a rising need for emergency communication tools like mass notification systems in healthcare facilities.
This therefore opens up possibilities for providing real-time clinical communication using IP-based software and other relevant equipment which in turn drives the demand for mass notification system in healthcare market.
Mobile-based mass notification apps are the current trend in the mass notification systems in the healthcare market. Due to the rising adoption of smartphones and cost-effectiveness, the operations and business processes in the healthcare sector are gaining traction towards mobility.
The mass notification system in healthcare market demand is estimated to rise at 16.9% CAGR between 2022 and 2027 in comparison with 12.4% CAGR registered during 2012-2021.
The global mass notification system in healthcare market is anticipate to witness an increase in revenue from ~US$ 1,521.5 Mn in 2022 to ~US$ 3,326.5 Mn by 2027. By application, hospitals segment is dominating the global mass notification systems in healthcare market. By product type distributed or hybrid mass notification system segment is projected to grow at highest CAGR of 20.9% during 2022-27.
Due to many benefits offered by the mass notification systems, healthcare organizations across the globe are increasingly deploying these systems in order to achieve a better communication system and run an efficient and modern business.
For instance, according to an article published by Health Facilities Management, a publication of the American Hospital Association, provided few cases where healthcare organizations were using the mass notification system to enhance their business operations.
The cases were:
Therefore, adoption of mass notification system in healthcare institutes fuels the demand for the mass notification system in healthcare.
Currently, demand for emergency communication platforms such as mass notifications systems in healthcare centers is growing due to increasing number of mass casualty. This in turn creates huge opportunities for using IP-based software and other related devices to provide real-time clinical communication. This software will enable an organization to connect with multiple channels to provide enhanced communication services.
The emergence of healthcare IoT has created new opportunities for mass notification service providers to integrate their solution with IoT technologies to provide standalone systems. The present mass notification systems provide multiple communication channels such as SMS, email, phone calls etc. The deployment of a standalone system that activates all the channels quickly will create huge opportunity to improvise the communication systems.
The sales revenue in U.S. is estimated to increase at an impressive rate of around 5.3% CAGR between 2022 and 2027. U.S. market is anticipated to create an absolute dollar opportunity of US$ 331.8 Mn during 2022-27.
The growth of mass notification system in healthcare market in US has been significant in recent years. This attributes to factors such as growing adoption and development of pioneering technologies, increasing demand for fast message delivery in emergency cases, and presence of key vendors in the region. In addition, the demand for duress-based solutions across education and healthcare sector has been increased. US government focuses on public safety and supports the development in healthcare facilities. It is expected to drive the demand for mass notification system in healthcare solutions in the country.
India is set to register exponential growth of mass notification system in healthcare market with a CAGR of 9.3% during 2022-27. India market is anticipated to create an absolute dollar opportunity of US$ 148.9 Mn during 2022-27.
According to India Tourism Statistics, 697,300 foreign tourists came for medical treatment in India in the year 2019. Healthcare is India’s largest sector both in terms of employment and revenue. The Indian healthcare market shows impressive growth in healthcare sector due to its strengthening services, coverage, and rising expenditure by private as well as public players. Thus India is expected to show significant growth in mass notification system in healthcare market in coming years.
U.K. is predicted to remain one of the most attractive markets during the forecast period. According FMI, U.K. is expected to account for nearly 25.7% of the Western Europe market share in 2021.
U.K. is one of the prominent country considering healthcare industry and witnesses major marketing and manufacturing pharmaceuticals and clinical products. U.K government also supports the investment in life sciences and give R&D tax breaks. Due to stringent rule and regulations by U.K. government and presence of developed infrastructure for healthcare sector, the demand for mass notification system in healthcare has been increased.
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By product type, in-building mass notification system segment is expected to contribute the revenue share of more than 56.4% in 2022. Moreover, distributed or hybrid mass notification system segment is expected to grow at highest CAGR of 20.9% during 2022-27.
In-building mass notification system provides features such as improve response times, engage and align employees, boost efficiency levels, tighten up communication, and many more. It allows staff to communicate with management in the shortest time possible. Due to such benefits, the demand for the in-building mass notification system segment has been increased in recent years.
By end-user, hospitals segment is expected to showcase higher market share of 45.4% during 2022-27. Moreover, long term care segment expected to reach 2.5X by 2027.
Mass notification system in healthcare vertical is a broadcast communications tool that helps in communicating with large number of people in lesser time. It is an integral component of any healthcare organization, especially hospitals. It majorly used in case of emergencies and routine communication. Thus, the demand for mass notification system in hospitals across the globe is increasing in recent years.
Mass notification system in healthcare market players are focusing on developing innovative solutions in order to increase its client base and increase its presence in the market. The key players develop mass notification system that provides various innovative solutions in different applications.
Attribute | Details |
---|---|
Market value in 2022 | US$ 1,521.5 million |
Market CAGR 2022 to 2027 | 16.9% |
Share of top 5 players | Around 20% |
Forecast Period | 2022-2027 |
Historical Data Available for | 2012-2021 |
Market Analysis | USD Million for Value |
Key Regions Covered | North America; Western Europe; Eastern Europe; Latin America; Asia Pacific Excluding Japan; Japan; Middle East and Africa |
Key Countries Covered | USA, Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, Japan, South Korea, India, Australia and New Zealand, Turkey, Northern Africa, and South Africa |
Key Segments Covered | Product Type End-User Region |
Key Companies Profiled | Eaton Corporation; Honeywell International Inc.; Siemens AG; AtHoc, Inc.–(BlackBerry Limited); Everbridge, Inc.; ONSOLVE, LLC; Singlewire Software, LLC; Desktop Alert, Inc.; Mircom Group of Companies; Alert Media Inc.; Spok, Inc. |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
By Product Type, Mass Notification System in Healthcare Market is segmented as:
By End-User, Mass Notification System in Healthcare Industry is segmented as:
By Region, Mass Notification System in Healthcare Sales is segmented as:
As per FMI, by product type, In-building mass notification system is expected to dominate the market over the forecast period and register highest market share of 56.4% in 2022.
Key trends in the market includes: • Adoption of mass notification system in healthcare institutes for enhancement of business operations • Mobile-based mass notification apps are the current trend in the mass notification systems in the healthcare market
Asia Pacific excluding Japan is projected to register strong growth in the market, exhibiting a CAGR of nearly 22.7% during the forecast period.
Growing healthcare centres across the globe is expected to fuel the demand for the mass notification system in healthcare.
Western Europe is predicted to remain one of the most attractive markets during the forecast period, according to Future Market Insights. According to the study, Germany is expected to grow at CAGR of 16.1% during 2022-2027.
1. Executive Summary
1.1. Market Overview
1.2. Parent Market Overview
1.3. Market Analysis
1.4. FMI Recommendations
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
2.3. Market Snapshot
2.4. Value Chain
3. Market View Point
3.1. Macro-Economic Factors
3.2. Opportunity Analysis
3.3. Global Trends
3.4. Global Regulations
3.5. Market Evolution
4. North America Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027
4.1. Introduction
4.2. Key Takeaways
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.4. Market Size (US$ Mn) By Country, 2012-2021
4.4.1. U.S.
4.4.2. Canada
4.5. Market Size (US$ Mn) and Forecast By Country, 2022-2027
4.5.1. U.S.
4.5.2. Canada
4.6. Market Value Share & BPS Analysis, By Country
4.7. Market Size (US$ Mn) and Forecast, By Product Type
4.7.1. In-building Mass Notification System
4.7.2. Outdoor Mass Notification System
4.7.3. Distributed or Hybrid Mass Notification System
4.8. Market Size (US$ Mn) and Forecast, By End-user
4.8.1. Hospitals
4.8.2. Clinics
4.8.3. Nursing Homes
4.8.4. Long Term Care
4.8.5. Ambulatory Surgical Centers (ASC’s)
4.9. Drivers and Restraints: Impact Analysis
4.10. Market Attractiveness Analysis
4.10.1. By Country
4.10.2. By Product Type
4.10.3. By End-user
4.11. Market Presence (Intensity Map)
5. Western Europe Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027
5.1. Introduction
5.2. Key Takeaways
5.3. Market Dynamics
5.3.1. Drivers
5.3.2. Restraints
5.4. Market Size (US$ Mn) By Country, 2012-2021
5.4.1. Germany
5.4.2. France
5.4.3. U.K.
5.4.4. Spain
5.4.5. Italy
5.4.6. BENELUX
5.4.7. Nordic
5.4.8. Rest of Western Europe
5.5. Market Size (US$ Mn) and Forecast By Country, 2022-2027
5.5.1. Germany
5.5.2. France
5.5.3. U.K.
5.5.4. Spain
5.5.5. Italy
5.5.6. BENELUX
5.5.7. Nordic
5.5.8. Rest of Western Europe
5.6. Market Value Share & BPS Analysis, By Country
5.7. Market Size (US$ Mn) and Forecast By Product Type
5.7.1. In-building Mass Notification System
5.7.2. Outdoor Mass Notification System
5.7.3. Distributed or Hybrid Mass Notification System
5.8. Market Size (US$ Mn) and Forecast By End-user
5.8.1. Hospitals
5.8.2. Clinics
5.8.3. Nursing Homes
5.8.4. Long Term Care
5.8.5. Ambulatory Surgical Centers (ASC’s)
5.9. Drivers and Restraints: Impact Analysis
5.10. Market Attractiveness Analysis
5.10.1. By Country
5.10.2. By Product Type
5.10.3. By End-user
5.11. Market Presence (Intensity Map)
6. Eastern Europe Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027
6.1. Introduction
6.2. Key Takeaways
6.3. Market Dynamics
6.3.1. Drivers
6.3.2. Restraints
6.4. Market Size (US$ Mn) By Country, 2012-2021
6.4.1. Russia
6.4.2. Poland
6.4.3. Rest of Eastern Europe
6.5. Market Size (US$ Mn) and Forecast By Country, 2022-2027
6.5.1. Russia
6.5.2. Poland
6.5.3. Rest of Eastern Europe
6.6. Market Value Share & BPS Analysis, By Country
6.7. Market Size (US$ Mn) and Forecast By Product Type
6.7.1. In-building Mass Notification System
6.7.2. Outdoor Mass Notification System
6.7.3. Distributed or Hybrid Mass Notification System
6.8. Market Size (US$ Mn) and Forecast By End-user
6.8.1. Hospitals
6.8.2. Clinics
6.8.3. Nursing Homes
6.8.4. Long Term Care
6.8.5. Ambulatory Surgical Centers (ASC’s)
6.9. Drivers and Restraints: Impact Analysis
6.10. Market Attractiveness Analysis
6.10.1. By Country
6.10.2. By Product Type
6.10.3. By End-user
6.11. Market Presence (Intensity Map)
7. Latin America Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027
7.1. Introduction
7.2. Key Takeaways
7.3. Market Dynamics
7.3.1. Drivers
7.3.2. Restraints
7.4. Market Size (US$ Mn) By Country, 2012-2021
7.4.1. Brazil
7.4.2. Mexico
7.4.3. Rest of Latin America
7.5. Market Size (US$ Mn) and Forecast By Country, 2022-2027
7.5.1. Brazil
7.5.2. Mexico
7.5.3. Rest of Latin America
7.6. Market Value Share & BPS Analysis, By Country
7.7. Market Size (US$ Mn) and Forecast By Product Type
7.7.1. In-building Mass Notification System
7.7.2. Outdoor Mass Notification System
7.7.3. Distributed or Hybrid Mass Notification System
7.8. Market Size (US$ Mn) and Forecast By End-user
7.8.1. Hospitals
7.8.2. Clinics
7.8.3. Nursing Homes
7.8.4. Long Term Care
7.8.5. Ambulatory Surgical Centers (ASC’s)
7.9. Drivers and Restraints: Impact Analysis
7.10. Market Attractiveness Analysis
7.10.1. By Country
7.10.2. By Product Type
7.10.3. By End-user
7.11. Market Presence (Intensity Map)
8. Asia Pacific Excluding Japan (APEJ) Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027
8.1. Introduction
8.2. Key Takeaways
8.3. Market Dynamics
8.3.1. Drivers
8.3.2. Restraints
8.4. Market Size (US$ Mn) By Country, 2012-2021
8.4.1. China
8.4.2. India
8.4.3. Australia & New Zealand
8.4.4. ASEAN
8.4.5. Rest of APEJ
8.5. Market Size (US$ Mn) and Forecast By Country, 2022-2027
8.5.1. China
8.5.2. India
8.5.3. Australia & New Zealand
8.5.4. ASEAN
8.5.5. Rest of APEJ
8.6. Market Value Share & BPS Analysis, By Country
8.7. Market Size (US$ Mn) and Forecast By Product Type
8.7.1. In-building Mass Notification System
8.7.2. Outdoor Mass Notification System
8.7.3. Distributed or Hybrid Mass Notification System
8.8. Market Size (US$ Mn) and Forecast By End-user
8.8.1. Hospitals
8.8.2. Clinics
8.8.3. Nursing Homes
8.8.4. Long Term Care
8.8.5. Ambulatory Surgical Centers (ASC’s)
8.9. Drivers and Restraints: Impact Analysis
8.10. Market Attractiveness Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By End-user
8.11. Market Presence (Intensity Map)
9. Japan Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027
9.1. Introduction
9.2. Key Takeaways
9.3. Market Dynamics
9.3.1. Drivers
9.3.2. Restraints
9.4. Market Size (US$ Mn) and Forecast By Product Type
9.4.1. In-building Mass Notification System
9.4.2. Outdoor Mass Notification System
9.4.3. Distributed or Hybrid Mass Notification System
9.5. Market Size (US$ Mn) and Forecast By End-user
9.5.1. Hospitals
9.5.2. Clinics
9.5.3. Nursing Homes
9.5.4. Long Term Care
9.5.5. Ambulatory Surgical Centers (ASC’s)
9.6. Drivers and Restraints: Impact Analysis
9.7. Market Attractiveness Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By End-user
9.8. Market Presence (Intensity Map)
10. Middle East and Africa Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027
10.1. Introduction
10.2. Key Takeaways
10.3. Market Dynamics
10.3.1. Drivers
10.3.2. Restraints
10.4. Market Size (US$ Mn) By Country, 2012-2021
10.4.1. GCC Countries
10.4.2. Turkey
10.4.3. North Africa
10.4.4. South Africa
10.4.5. Rest of MEA
10.5. Market Size (US$ Mn) and Forecast By Country, 2022-2027
10.5.1. GCC Countries
10.5.2. Turkey
10.5.3. North Africa
10.5.4. South Africa
10.5.5. Rest of MEA
10.6. Market Value Share & BPS Analysis, By Country
10.7. Market Size (US$ Mn) and Forecast By Product Type
10.7.1. In-building Mass Notification System
10.7.2. Outdoor Mass Notification System
10.7.3. Distributed or Hybrid Mass Notification System
10.8. Market Size (US$ Mn) and Forecast By End-user
10.8.1. Hospitals
10.8.2. Clinics
10.8.3. Nursing Homes
10.8.4. Long Term Care
10.8.5. Ambulatory Surgical Centers (ASC’s)
10.9. Drivers and Restraints: Impact Analysis
10.10. Market Attractiveness Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By End-user
10.11. Market Presence (Intensity Map)
11. Forecast Factors: Relevance and Impact
12. Competition Landscape
12.1. Market Structure
12.2. Competition Intensity Mapping By Market Taxonomy
12.3. Competition Dashboard
12.4. Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)
12.4.1. Eaton Corporation
12.4.2. Honeywell International Inc.
12.4.3. Siemens AG
12.4.4. AtHoc, Inc.–(BlackBerry Limited)
12.4.5. Everbridge, Inc.
12.4.6. ONSOLVE, LLC
12.4.7. Singlewire Software, LLC
12.4.8. Desktop Alert, Inc.
12.4.9. Mircom Group of Companies
12.4.10. Alert Media Inc.
12.4.11. Spok, Inc.
13. Global Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027, By Region
13.1. Introduction
13.2. Market Size (US$ Mn) and Forecast By Region
13.2.1. North America
13.2.2. Western Europe
13.2.3. Eastern Europe
13.2.4. Latin America
13.2.5. Asia Pacific Excluding Japan
13.2.6. Japan
13.2.7. Middle East and Africa
13.3. Market Value Share & BPS Analysis, By, Region
13.4. Market Attractiveness Analysis By Region
14. Global Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027, By Product Type
14.1. Introduction
14.2. Market Size (US$ Mn) and Forecast By Product Type
14.2.1. In-building Mass Notification System
14.2.2. Outdoor Mass Notification System
14.2.3. Distributed or Hybrid Mass Notification System
14.3. Market Value Share & BPS Analysis, By, Product Type
14.4. Market Attractiveness Analysis By Product Type
15. Global Mass Notification System in Healthcare Market Analysis 2012–2021 and Forecast 2022–2027, By End-user
15.1. Introduction
15.2. Market Size (US$ Mn) and Forecast By End-user
15.2.1. Hospitals
15.2.2. Clinics
15.2.3. Nursing Homes
15.2.4. Long Term Care
15.2.5. Ambulatory Surgical Centers (ASC’s)
15.3. Market Value Share & BPS Analysis, By, Product Type
15.4. Market Attractiveness Analysis By End-user
16. Research Methodology
17. Assumption & Acronyms
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