Medical Alert Systems Market Drivers is Responsible to for Increasing Market Share, Forecast 2026


Posted October 15, 2018 by rajkumarbisen

Medical Alert Systems Market report categorizes the report by type of medical alert systems, technology, end-users and geography. It provides information about Global Industry Insights, Trends, Outlook, and Opportunity Analysis.

 
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.

Request Sample Copy of Research Report : https://www.coherentmarketinsights.com/insight/request-sample/38

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

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.

The report presents major key players holding big shares of the Global Medical Alert Systems Market. It demonstrates the data in the form of graphs, figures, and tables. Top Leading Key Players are 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..

Get Best Discount Here : https://www.coherentmarketinsights.com/insight/request-discount/38


About Coherent Market Insights:
Coherent Market Insights is a prominent Market research and consulting firm offering action-ready syndicated research reports, custom Market analysis, consulting services, and competitive analysis through various recommendations related to emerging Market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Coherent Market Insights
Country United States
Categories Health
Tags medical alert systems market future forecast , medical alert systems market opportunities , medical alert systems market shares , medical alert systems market size , medical alert systems market trends
Last Updated October 15, 2018