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Medical Alert System is a device that enables older people to get the required medical assistance in case of any emergency such as heart attack, breathing issues, sudden fall, or other cognitive issues. The global medical alert systems market is witnessing continuous growth as the medical alert systems manufacturers have started focusing more on offering high-quality and innovative products. The market is expected to see a significant growth in the coming years, owing to the rising demand for high-tech connected medical alert devices that are IoT and AI-based.
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360Quadrants Presents Compare the Best Medical Alert Systems in 2020 https://www.360quadrants.com/semiconductor-and-electronics/medical-alert-system-personal-emergency-response-system
Medical Alert System is a device that enables older people to get the required medical assistance in case of any emergency such as heart attack, breathing issues, sudden fall, or other cognitive issues. The global medical alert systems market is witnessing continuous growth as the medical alert systems manufacturers have started focusing more on offering high-quality and innovative products. The market is expected to see a significant growth in the coming years, owing to the rising demand for high-tech connected medical alert devices that are IoT and AI-based. 360Quadrants has released a quadrant on the best medical alert system available so that businesses can make quicker and more informed decisions. 360Quadrants generates the quadrantsby analyzing companies on the basis of two criteria - product portfolios and business strategy. These quadrants will be updated every three months based on market and regional analyses and developments happening in the global Medical Alert System market.
Categorization of MEDICAL ALERT SYSTEM on 360Quadrants More than 40 companies were evaluated, of which, 20 Top Medical Alert System companies were categorized on a quadrant under Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Leaders. Koninklijke Philips, Connect America, Valued Relationships (VRI), Guardian Alarm, and Alertone Services have been positioned as visionary leaders since they have established product portfolios and a robust market presence and business strategies. QMedic, BayAlarm, Lifefone, MobileHelp, and Critical Signal Technologies have been recognized as innovators as they have focused product portfolios and an innovative business strategy, which helps in setting new trends in the market. Rescue Alert, Better Alert, LifeStation, Response Now, and Vangaurd Wireless have been listed as emerging companies because they have a niche product offering and a decent business strategy, which will help them in achieving consistent growth.
Medical Guardian LLC, ADT Corporation, GreatCall, Galaxy Medical Alert Systems, and Bluelinea have been positioned as dynamic differentiators as they have an innovative portfolio of solutions and services. The 360Quadrants platform provides comparison of the best Medical Alert System vendors at a most granular level. 360Quadrants conducts in-depth SWOT analysis and accurately analyses the companies considered for evaluation, which helps service providers to learn about the new opportunities and areas where they might be lagging behind their peers. It also enables the clients to choose the most appropriate vendor to fit their requirements.
360Quadrant Company Evaluation Methodology • The Top Medical Alert System will be rated using the following methodology - • A highly experienced team of researchers and senior analysts conducts extensive research to generate a list of vendors (competitors). • A patent-pending algorithm is used to collect inputs from key stakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—based on criteria for Product Maturity and Company Maturity. • Criteria under Product Maturity include breadth and depth of product/service offering, product features and functionalities, product differentiation, and their impact on customer value. • Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage, or sector footprint. • Approximately 20+ in-depth parameters will be considered for research for the Medical Alert System market. These parameters will be updated every sixmonths to ensure the latest developments are taken into consideration. • A weight is assigned to each stakeholder based on information gathered pertaining to the above criteria as well as inputs from stakeholders. • The inputs are analyzed, and a final rating is assigned to each vendor (competitor). • After the finalization of ratings, each vendor is placed in the most relevant quadrant based on its score.
About 360Quadrants 360Quadrants is the largest marketplace looking to disrupt USD 3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. 360Quadrants will also be launching quadrants in fields such as Affiliate Marketing Software, Embedded Systems, and Virtual Machine Software. Contact:Mr. AgneySuglaagney@marketsandmarkets.com630 Dundee Road, Suite 430Northbrook, IL 60062USA: +1-888-600-6441