Global Medical Alert Systems Market Growth 2023-2029

Global Medical Alert Systems Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Medical Alert Systems Industry Forecast” looks at past sales and reviews total world Medical Alert Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Alert Systems sales for 2023 through 2029. With Medical Alert Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Alert Systems industry.

This Insight Report provides a comprehensive analysis of the global Medical Alert Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Alert Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Alert Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Alert Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Alert Systems.

The global Medical Alert Systems market size is projected to grow from US$ 7931.7 million in 2022 to US$ 13490 million in 2029; it is expected to grow at a CAGR of 13490 from 2023 to 2029.

Global Medical Alert Systems key players include Philips Lifeline, ADT, Tunstall, Greatcall, Alert-1, etc. Global top five players hold a share about 60%.

North America is the largest market, with a share about 50%, followed by Europe and Japan, having a total share about 40 percent.

In terms of product, Landline Type is the largest segment, with a share about 50%. And in terms of application, the largest application is Inside the Home, followed by Outside the Home.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Alert Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Landline Type

Mobile Type

Standalone Type

Segmentation by application

Inside the Home

Outside the Home

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Alert Systems market?

What factors are driving Medical Alert Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Alert Systems market opportunities vary by end market size?

How does Medical Alert Systems break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.