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Medical Alert Systems (MAS) Market Is Expected To Show Significant Growth Over The Forecast Period 2018- 2026

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Medical alert systems (MAS), also known as Personal Emergency Response System (PERS), are alarm systems designed to alert linked healthcare facilities in case of any medical hazard or injury requiring immediate medical attention.
Medical Alert Systems (MAS) Market Share
Forecast To Witness Considerable Growth From
2018 To 2026
Medical Alert Systems (MAS) Market - Global Industry Insights, Trends, Outlook,
and Opportunity Analysis, 2018-2026
Medical alert systems (MAS), also known as Personal Emergency Response System (PERS), are alarm
systems designed to alert linked healthcare facilities in case of any medical hazard or injury requiring
immediate medical attention. Medical alert systems are usually marketed with a wireless transmitter
designed as a pendant, which can be activated in a medical emergency. Disabled and elderly people
who do not live with their family members are the major users of these systems. Currently, the medical
alert systems market is highly attractive due to rapidly aging population and increasing awareness
among the populace. Click To Read More On Medical Alert Systems (MAS) Market
High demand for monitored systems
The global medical alert systems market comprises of devices with different functions and features
decides the end price of the product. The market has been segmented on the basis of device type,
technology, and end users as follows:
Type of medical alert systems: Mobile, Landline, Standalone/Wall-Mounted Devices.
Medical alert system technologies: Two-way voice systems, Unmonitored medical alert systems,
Medical Alert Alarm (Button) System.
The only advantage of non-monitored MAS is that it does not require a monthly fee to be paid to the
monitoring company as in the case of two-way voice system and Medical Alert Alarm (Button) System.
The monitored MAS on the other hand, helps save time in contacting or alerting the health service
provider, does not require updating non-monitored voice dialer, and helps provide emergency help in
less time than non-monitored systems.
End users of medical alert systems: Senior care centers, Nursing homes, Old age homes, Hospitals,
Individual patients.
Increasing consumer awareness about the technology and its various benefits is creating a highly
conducive environment for growth of the market.
Few devices in the medical alert systems market: Life Alert, LifeStation, Medical Alert, Philips
Lifeline, MobileHelp, Bay Alarm Medical, Alert1, Medical Guardian’s MAS and Rescue Alert.
Developed Economies still to achieve maturity for the medical alert systems market
Developed economies such as the U.S., Canada, U.K., Germany, and Japan are characterized by high
adoption rate of emergency alert systems from the large geriatric population. Moreover, due to high
incidence rates of injuries due to fall from beds and upper bunks, the market for medical alert systems
is expected to grow further in developed regions. According to the Centers for Disease Control and
Prevention (CDC), one in three senior citizens aged 65 and above, fall down from bed and upper bunks
each year, in the U.S., and 20% to 30% of them suffer from serious injuries due to the fall. However,
with certain issues in the current medical alert systems, there is an immense scope for technological
development in the device. For instance, Lifestation, Inc. is facing a lawsuit filed by a customer
claiming to receive unsolicited calls on his cellphone from the Lifestation MSA device. Moreover,
limited reimbursement for this device is hindering demand in the U.S. and Canada.
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Devices with comprehensive range of features are a threat to standalone MAS devices
There are new devices being launched with additional features. Philips launched a new MAS device,
GoSafe which has an auto-alert fall-detection and GPS tracking. Even wearables by Fitbit come with
medical alert systems, in addition to their usual health tracking features. Stealth Technologies, Inc. also
launched a device—911 Help Now—with no recurring monthly charge. These devices are a major
threat for standalone MAS devices.
The medical alert systems market is projected to witness admirable growth due to increasing preference
for emergency alert consoles, rapidly aging population, and increasing demand for medical alert
systems in nursing homes and old age care facilities. However, product availability and pricing would
be decisive factors shaping market growth.
Medical alert systems market is fragmented
The global medical alert systems market is highly fragmented, owing to participation of many
established and emerging players in the market. Major players involved in the MAS market include
AlertOne Services, LLC. Bay Alarm Medical, CarelineUK Monitoring Limited, Galaxy Medical Alert
Systems, Ltd., Life Alert Emergency Response, Inc., LifeStation, Inc., and Koninklijke Philips N.V..
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Author
ravikiran
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