Medical Alert Systems Market - PowerPoint PPT Presentation

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Medical Alert Systems Market

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The global medical alert systems market is estimated to surpass $26.43 billion by 2023 growing at an estimated rate of more than 6.8% during 2018 to 2023. – PowerPoint PPT presentation

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Title: Medical Alert Systems Market


1
The global medical alert systems market is
estimated to surpass 26.43 billion by 2023
growing at an estimated rate of more than 6.8
during 2018 to 2023.
2
North America will dominate the Medical Alert
Systems during the forecast period. It is
expected to reach 10025.21 million by 2023 at a
CAGR of 5.2. In this region, reimbursement
policies and Government regulations will drive
the growth of the home healthcare sector, which
in turn enhances the demand for the medical alert
necklace in North America. Asia Pacific will be
the fastest growing region in the coming years
due to the growing home healthcare segment and
government expenses on healthcare infrastructure.
The ageing population is another factor which
spurs the growth of medical alert bracelet in
Asia Pacific.
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3
Selected Analysis Done in the Full Report
The PERS (Personal Emergency Response Systems)
segment in 2017 reached revenue of 7,496
million. It will generate revenue of 10,514
million by 2023 at a CAGR of 5.8 . PERS devices
help users to ensure their personal safety and
lead an independent life without depending on
professional care. The increasing demand for
mobility and technological advancements spur the
growth of the PERS which drive the market. The
landline based devices had the largest share in
the PERS segment.
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4
Excerpts on Market Growth Factors
  • Growth of the ageing population will drive the
    demand for medical alert devices during the
    forecast period.
  • The increasing costs of the in hospital care
    enhances the demand for home healthcare
    devices.
  • Reimbursement policies boost the growth of the
    medical alert systems.
  • Growing use of smartphones drives the demand for
    medical alarm systems.

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5
Key Players of the Augmented and Virtual Reality
Content and Application Market
  • ADT LLC D.B.A. ADT SECURITY SERVICES
  • ALERTONE SERVICES LLC
  • BAY ALARM MEDICALCOMPANY
  • CARELINEUK MONITORING LIMITED
  • GALAXY MEDICAL ALERT SYSTEMS, LTD
  • LIFE ALERT EMERGENCY RESPONSE, INC
  • And 15 more

Download Sample Report
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6
You Can Customize the Report as Per Your Need. We
have included Some Customization Options
Company Profile
Analyst Briefing
Data Tables
Key Contacts
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7
About IndustryARC
IndustryARC is a research and consulting firm
that publishes more than 500 reports annually in
various industries, such as Agriculture,
Automotive, Automation Instrumentation,
Chemicals and Materials, Energy and Power,
Electronics, Food Beverages, Information
Technology, Life sciences Healthcare. IndustryA
RC primarily focuses on Cutting Edge Technologies
and Newer Applications of the Market. Our Custom
Research Services are designed to provide
insights on the constant flux in the global
demand-supply gap of markets. Our strong analyst
team enables us to meet the client research needs
at a very quick speed with a variety of options
for your business.
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