A new research document titled, Global Medical Alert Systems Market is released by AdvanceMarketAnalytics. The market study is a cautious attempt of the industry with strategic steps to the targets of business environment and the ones that are tried to have an essential impression on the progression of the Medical Alert Systems market. AMA recognizes following companies as the major players in the Global Medical Alert Systems market which includes Koninklijke Philips N.V. (Netherlands), ADT Corporation (United States), Tunstall Healthcare Group Ltd. (United Kingdom), Valued Relationships, Inc. (United States), Medical Guardian LLC (United States), Nortek Security & Control LLC. (United States), Legrand Assisted Living & Healthcare (United Kingdom), Alertone Services, LLC (United States), LifeStation, Inc. (United States) and Bay Alarm Medical (United States).
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. The aging of the population is one of the major drivers in this market, and hence according to a study, 50% of seniors aged 80 years and 30% of seniors aged 65 fall sick every year. Furthermore, those suffering from diseases such as epilepsy, Parkinson’s, multiple sclerosis, and muscular dystrophy, are at a higher risk of falling. Hence driving the market demand. is one of the key components driving the development of this market in the following couple of years. "According to the World Health Organization report, approximately 37.3 million are found falling owing to the health risk every year and thus require medical attention. Moreover, across 646,000 people die from falls around the globe each year. This trend is anticipated to continue and hence the need for medical alert systems that are coupled with the best technologically advanced sensors. Thus anticipated to grow further in the near future." adds to the investigation what growth market seeks ahead. This causes analysts to concentrate more on regional factors and regulatory and influencing factors ahead of any other approach.
One of the key patterns that will drive the development prospects for the Medical Alert Systems amid the anticipated period is the The growing incidence of Alzheimer’s disease coupled with rising life expectancy is estimated to boost the market. Moreover, an increasing number of mergers and acquisitions by market players are also expected to grow the demand.. The System Type, such as Rescue Alert, is boosting the Medical Alert Systems market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Medical Devices, such as Personal Emergency Response Systems (PERS), is boosting the Medical Alert Systems market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The End-use, such as Home-based Users, is boosting the Medical Alert Systems market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Medical Alert Systems market is very focused because of the nearness of many key organizations. The main Players are focusing on presenting new product/services and are constantly upgrading their existing offerings to keep pace with the overall industry.
The key target audience considered while formulating the study are as follows: Research organizations, Technology standard organizations, forums, alliances, and associations, Global medical disaster committee, Hospital and long-term care associations, Global public health agencies, Original device manufacturers (ODMs), Component suppliers and Others
Available Customization: List of players that can be included in the study on immediate basis are LifeFone (United States), GreatCall (United States), Guardian Alarm (United States), Connect America (United States), Life Alert Emergency Response, Inc. (United States) and MobileHelp (United States).
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Medical Alert Systems market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Medical Alert Systems market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Research organizations, Technology standard organizations, forums, alliances, and associations, Global medical disaster committee, Hospital and long-term care associations, Global public health agencies, Original device manufacturers (ODMs), Component suppliers and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.