Medical Alert Systems Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
22903 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : RI
Medical Alert Systems are the devices that are used to summon assistance by healthcare personnel or individuals in time of emergency, through a panic button in the form of a pendant or a wristband worn by the user. These devices include Personal Emergency Response Systems (PERS), Nurse Call Systems (NCS), Ambulatory Auto Alert Systems and Automated Airborne Flight Alert System and so on.
This report only includes Personal Emergency Response Systems. PERS are medical devices that are used by individuals to call for emergency medical help. These innovative devices contact the emergency care services or the user\'s family members through a panic button in the form of a pendant or a wristband.
The global stand-alone type market share is 17%. The global market for standalone type will grow moderately with a positive growth rate during the forecast period. Stand-alone voice communicators, V-cube monitoring systems, transmitters, and traveling alarm systems are some of the most widely used examples of standalone PERS devices. Standalone PERS devices provide emergency protection in uncertain situations, like a sudden fall while traveling.
Inside the Home was the largest application segment in 2016, the proportion is about 70.7%.
North America region is the largest supplier of Medical Alert Systems, with a production market share nearly 48.9% in 2016. Europe is the second largest supplier of Medical Alert Systems, enjoying production market share nearly 29.2% in 2016.
North America is the largest sales place, with a sales market share nearly 47.1% in 2016. Following North America, Europe is the second largest sales place with the sales market share of 23.1%.
Market competition is intense. Philips Lifeline, ADT, Tunstall, Greatcall, etc. are the leaders of the industry. They hold the key technologies and patents, with high-end customers. They have formed global market channel of the industry. However, with the future expanding market, there will be more manufacturers in the future.
The Global Medical Alert Systems Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Medical Alert Systems Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Philips Lifeline
ADT
Tunstall
Greatcall
Alert-1
Connect America
Bay Alarm Medical
Life Alert
Rescue Alert
Mobile Help
Medical Guardian
LifeStation
Galaxy Medical Alert Systems
Lifefone
Better Alerts
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Landline Type
Mobile Type
Standalone Type In Market segmentation by applications :
Inside the Home
Outside the Home
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Medical Alert Systems Market for the forecast period 2023 - 2030?
• What are the driving forces in the Medical Alert Systems Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Medical Alert Systems industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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