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Data Bridge Market Research analyses that the medical alert systems market to growing at a CAGR of 8.90% in the forecast period of 2022-2029. The uniform inflation in the ageing society worldwide has emerged in the business, with numerous assertive outcomes expected between 2022 and 2029.
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In 2014, North America held largest share of 41%, followed by Europe and APAC in the global medical alert systems market. Rise in disposable income and aging population will drive the demand for medical alert systems in the coming years. According to the United Nations, global aging population over 65 years of age was 566.4 million in 2013 and is expected to grow to more than 2 billion by 2050. The market is set to grow at a fast pace, particularly in the APAC region, owing to rise in number of innovations and developments as well as the shift in demographics towards aging population. Get Sample Brochure of the Report @ http://www.marketintelreports.com/pdfdownload.php?id=hcr008
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