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Medical Alert Systems Market Growth, Size, Share and Forecast

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According to Stratistics MRC, the Global Medical Alert Systems market is estimated at $5.48 billion in 2015 and is expected to grow at a CAGR of 7.8% to reach $9.27 billion by 2022.
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According to Stratistics MRC, the Global Medical Alert Systems market is estimated at $5.48 billion in
2015 and is expected to grow at a CAGR of 7.8% to reach $9.27 billion by 2022. In time of emergency
to provide assistance by healthcare individuals the medical systems are used.
Increasing number of ageing population and healthcare awareness coupled with independent lifestyle
for soothing life are the factors fueling the market growth. These devices being easily accessible and
affordable are further enhancing the market growth. With the current scenario of geriatric population
these devices are in its utmost use.
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Assisted living facilities among the end-users is estimated to grow strong led by the coupled wireless
and wired communication, whereas mobile PERS among the system types is expected to witness fast
growth owing to rise in number of mobile phone users. North America is anticipated to be the largest
and fastest growing market because of early inheritance of technology in society.
Some of the Key players in the market are ADT LLC, Alertone Services, LLC, Bay Alarm Medical
Company, Connect America, Critical Signal Technologies, Galaxy Medical Alert System, Guardian
Medical Monitoring, Koninklijke Philips N.V., Medical Guardian, Simplexgrinnell LP, Tunstall Americas,
Valued Relationships, Inc., Siemens AG, Life Alert Emergency Response, Inc. and GE Health Care
Solution.
System Types Covered:
Nurse Call Systems (NCS)
Ambulatory Auto Alert Systems
Personal Emergency Response Systems (PERS)
Mobile PERS
Cellular Emergency Response System
GPS-Based Emergency Response System
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Wireless Emergency Response System
Landline PERS
Standalone PERS
R Cube/V Cube Monitoring Systems
Standalone Voice Communicator
Transmitters
Wandering System
Automated Airborne Flight Alert System
Other System types
End User Covered:
Home– Based Users
Senior Living Facilities
Assisted Living Facilities
Components Covered:
GSM
Fall Detection Sensor
GPS
Microphone
Wireless Transmitter
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What our report offers:
Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the
regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities,
and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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thomashartle16
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