2019-2024 Global Medical Alert Systems Market Report
The Global Medical Alert Systems Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.
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.
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.
According to this study, over the next five years the Medical Alert Systems market will register a 7.5% CAGR in terms of revenue, the global market size will reach US$ 9190 million by 2024, from US$ 5950 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Medical Alert Systems business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Philips Lifeline
- Connect America
- Bay Alarm Medical
- Life Alert
- Rescue Alert
- Mobile Help
- Medical Guardian
- Galaxy Medical Alert Systems
- Better Alerts
Segmentation by product type:
- Landline Type
- Mobile Type
- Standalone Type
Segmentation by application:
- Inside the Home
- Outside the Home
This report also splits the market by region:
- United States
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- To study and analyze the global Medical Alert Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Medical Alert Systems market by identifying its various subsegments.
- Focuses on the key global Medical Alert Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Medical Alert Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Medical Alert Systems submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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