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Top 5 Medical Alert Systems Market: Classification, Opportunities, Types and Applications, Status and Forecast to 2023

 



(PharmaNewsWire.Com, September 12, 2018 ) 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.

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This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
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

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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.

Over the next five years, Expert projects that Medical Alert Systems will register a 7.5% CAGR in terms of revenue, reach US$ 9190 million by 2023, from US$ 5950 million in 2017.

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Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Landline Type
Mobile Type
Standalone Type

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Inside the Home
Outside the Home


Qurate Business Intelligence

Nehal Chinoy

+919881074592

nehal@qurateresearch.com

Source: EmailWire.Com

Source: EmailWire.com


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