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Global Medical Alert System Market Research and Forecast, 2019-2025

  • ID: 4770689
  • Report
  • Region: Global
  • Orion Market Research Private Limited
UP TO OFF
until Aug 31st 2019
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FEATURED COMPANIES

  • ADT, Inc.
  • Bay Alarm Medical
  • Koninklijke Philips N.V.
  • Medical Guardian, LLC
  • QMedic
  • ResponseNow
  • MORE
Global Medical Alert System Market, Size, Share & Trends Analysis Report, by System (Monitored Medical Alert System and Non-Monitored Medical Alert System), by Type (In-Home Medical Alert and Medical Alert Apps, and Medical Alert Tracking System), by End-User (Hospitals, Homecare, and Others) and Forecast, 2019-2025.

The medical alert system is a personal emergency response system which notifies the friends and family in case of falling or medical emergencies. The medical alert system is very useful for senior citizens as millions of senior citizens fall every year in the US as per the Centers for Disease Control (CDC). According to the CDC, around 800,000 patients are hospitalized due to injury caused by sudden falls. In order to prevent injuries, CDC has reinforced initiatives such as Stopping Elderly Accidents Deaths & Injuries (STEADI). STEADI uses established guidelines and effective strategies in order to provide support to primary care providers by addressing their older patients’ fall risk. This will create a demand for the medical alert system as the system notifies and generate an immediate response in emergency cases.

The medical alert system market is segmented into type, system, and end-user. On the basis of system, the market is segmented into monitored medical alert system and non-monitored medical alert system. Further, on the basis of type, the medical alert system is segmented into the in-home medical alert system, medical alert apps, and medical alert tracking system. The in-home medical alert system is a traditional medical alert system, which consists of a wireless pendant or bracelet that notifies to the emergency monitoring center. There is significant demand for the in-home medical alert system as around 80% of senior falls in the bathroom which will notify an emergency monitoring center and provide quick medical services.

Geographically the market is segmented on the basis of North America, Europe, Asia-Pacific and rest of the world. North America has significant share due to increasing adoption of the medical alert system, increasing senior patients care and health safety and early adoption of advanced technology in the region. Further, in Asia-Pacific, there is a significant increase in the aging population in the region, that significantly increase the demand for the medical alert system in the region. The companies which are involved in providing medical alert system market include Life Alert Emergency Response, Inc., Bay Alarm Medical, Koninklijke Philips N.V., AlertONE Service Inc., ConnectAmerica.com, LLC, Critical Signal Technologies, and LifeStation, Inc.

Research Methodology

The market study of the global medical alert system market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include:
  • Financial reports of companies involved in the market.
  • Authentic public databases such as the WHO and others.
  • Whitepapers, research-papers and news blogs.
  • Company websites and their product catalog.
The report is intended for hospitals, senior care centers, nursing center, research organizations, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation:
1. Global Medical Alert System Market Research and Analysis by System
2. Global Medical Alert System Market Research and Analysis by Type
3. Global Medical Alert System Market Research and Analysis by End-User

The Report Covers:
  • Comprehensive research methodology of the global medical alert system market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global medical alert system market.
  • Insights about market determinants which are stimulating the global medical alert system market.
  • Detailed and extensive market segments with regional distribution of forecast revenues.
  • Extensive profiles and recent developments of market players.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • ADT, Inc.
  • Bay Alarm Medical
  • Koninklijke Philips N.V.
  • Medical Guardian, LLC
  • QMedic
  • ResponseNow
  • MORE
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations

3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Koninklijke Philips N.V.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Bay Alarm Medical
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Life Alert Emergency Response, Inc.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Medical Guardian, LLC
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. MobileHelp, LLC
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments

4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation
5.1. Global Medical Alert System Market by System
5.1.1. Monitored Medical Alert System
5.1.2. Non-Monitored Medical Alert System
5.2. Global Medical Alert System Market by Type
5.2.1. In Home Medical Alert System
5.2.2. Medical Alert Apps
5.2.3. Medical Alert Tracking System
5.3. Global Medical Alert System Market by End-User
5.3.1. Hospitals
5.3.2. Homecare
5.3.3. Others

6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles
7.1. ADT, Inc.
7.2. AlertOne Services LLC.
7.3. Bay Alarm Medical
7.4. ConnectAmerica.com, LLC
7.5. Galaxy Medical Alert Systems
7.6. Guardian Security Services, Inc.
7.7. Koninklijke Philips N.V.
7.8. Life Alert Emergency Response, Inc.
7.9. LifeFone Medical Alert Services
7.10. LifeStation, Inc.
7.11. Medical Guardian, LLC
7.12. MobileHelp, LLC
7.13. QMedic
7.14. Rescue Alert
7.15. ResponseNow
7.16. Vital-Link, Inc.
7.17. VRI, Inc.

* List of Tables and Figures available on enquiry
Note: Product cover images may vary from those shown
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  • ADT, Inc.
  • AlertOne Services LLC.
  • Bay Alarm Medical
  • ConnectAmerica.com, LLC
  • Galaxy Medical Alert Systems
  • Guardian Security Services, Inc.
  • Koninklijke Philips N.V.
  • Life Alert Emergency Response, Inc.
  • LifeFone Medical Alert Services
  • LifeStation, Inc.
  • Medical Guardian, LLC
  • MobileHelp, LLC
  • QMedic
  • Rescue Alert
  • ResponseNow
  • Vital-Link, Inc.
  • VRI, Inc.
Note: Product cover images may vary from those shown
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