70 likes | 81 Views
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. Nurse call systems witnessed as fast growing segment in the market with almost 60% share in 2017 globally.
E N D
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.
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 andGovernment 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. Contact : sales@industryarc.com
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. Contact : sales@industryarc.com
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. Contact : sales@industryarc.com
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 Contact : sales@industryarc.com
You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com
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. IndustryARC 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. Contact : sales@industryarc.com