Medical
Alert Systems are devices that are used to summon
assistance by healthcare personnel or individuals at the 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, although the report’s scope is restricted to PERS.
Table
of contents and insights:
These are further analyzed according to device types,
end-users and geography.
PERS is segmented
by device type into:
- Mobile,
- Land-line and
- Standalone.
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Logical
Estimates:
The PERS market is
expected to grow at a CAGR of 6.4% to reach $1.88 billion by 2020 due to
the increased smartphone penetration among the older adults these days. In the Global NCS market, traditional NCS accounts for largest
share of 49% in the global NCS market followed by advanced and middleware
interfacing NCS devices. Traditional NCS market is estimated to grow at a CAGR
of 3.2% to reach $5.1 billion by 2020. In 2013, North America held largest
share of 41%, followed by Europe and APAC in the Medical Alert Systems Market.
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for Customization:
Driving factors for the market:
- Rise in disposable income and
- Aging population.
Key
Players:
- Philips Lifeline
- ConnectAmerica
- Hill-Rom Holdings Inc.
- Tyco SimplexGrinnell LP and
- Ascom Holding AG.
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