SEATTLE, June 21, 2021, (MEDGADGET) — Global Medical Alert System (MAS) Market Overview
Medical Alert System (MAS), also dubbed as Personal Emergency Response System (PERS), is an alarm system designed to signal or summon emergency medical personnel in cases of hazards or injuries that call for immediate medical attention. Medical alert systems, more commonly called medical alarms, are usually available in the form of a wireless transmitter, similar to a pendant, which gets activated during a medical emergency. Disabled elderly people, who do not live with their family members or are hospitalized, are said to be the major users of these systems. The global medical alert systems market has flourished significantly over the past few years, owing to the rapidly ageing population and increasing awareness among people. Currently, the most recognized medical alert devices used worldwide are Life Alert, LifeStation, Medical Alert, Philips Lifeline, MobileHelp, Bay Alarm Medical, Alert1, Medical Guardian’s MAS, and Rescue Alert.
Get Sample PDF Including COVID-19 Impact Analysis: https://www.coherentmarketinsights.com/insight/request-pdf/38
High Demand for Monitored Systems Boosts Market Growth
The global medical alert systems market comprises efficient medical alarm devices, with different functions and features, according to which their prices are determined. The global market is segmented on the basis of device type, technology, and end users, as follows:
- Type of medical alert systems:
- Standalone/Wall-Mounted Devices
- Medical alert system technologies:
- Two-way voice systems
- Unmonitored medical alert systems
- Medical Alert Alarm (Button) System
- End-users of medical alert systems:
- Senior care centers
- Nursing homes
- Old age homes
- Individual patients
Tailored Information as per niche requirement:
LIMITED TIME OFFER – Hurry Up!
Exclusive offer!!! Purchase the report at a discounted rate!!!
Get Discount For Buyers UPTO 30% OFF On Any Research Report
Buy Now with Discount for Premium Report 2021: https://www.coherentmarketinsights.com/promo/buynow/38
The only advantage with non-monitored medical alert systems is that they are available for less expensive prices, for instance, the two-way voice system and Medical Alert Alarm (Button) System. The monitored MAS, on the other hand, helps save time in contacting or alerting the health service provider and does not require any updating of the non-monitored voice dialer. Therefore, growing consumer awareness about this technology, coupled with the various benefits these devices offer, is a highly favorable factor for the growth of the global medical alert systems market.
Devices with comprehensive range of features pose a threat to standalone MAS devices
Several new MAS devices, with highly beneficial additional features, are being launched globally. For instance, Philips launched a new MAS device, called GoSafe, which features GPS tracking and an auto-alert fall-detection system. Even some wearables by Fitbit come with medical alert systems, besides their usual health tracking features. Furthermore, Stealth Technologies Inc. also introduced a new medical alert device, known as 911 Help Now, which do not require any recurring monthly charges. These devices pose a major challenge to the standalone MAS devices used around the world.
The global medical alert systems market is projected to witness significant growth over the upcoming years, due to rising preference for emergency alert consoles, rapidly ageing population, and burgeoning demand for medical alert systems at nursing homes and old age care facilities. However, product availability and pricing would be some of the negative factors for the global market growth.
Global Medical Alert System (MAS) Market – Regional Outlook
Developed economies around the world, such as the U.S., the U.K., Canada, Germany, and Japan, are characterized by the high adoption rate of medical emergency alert systems, due to the growing geriatric population in these regions. Moreover, due to high incidence rates of injuries due to fall from beds and upper bunks, the market for medical alert systems is expected to grow further in these developed regions. According to the Centers for Disease Control and Prevention (CDC), at least one of every three senior citizens aged 65 and above, falls down from the bed or upper bunks each year in the U.S., and around 20% to 30% of them end up incurring serious injuries. However, owing to certain issues the global medical alert systems market is facing currently, there is an immense scope for technological development in this space. For instance, Lifestation Inc. is presently dealing with a lawsuit filed against the company by a customer, who has been claiming to have received many unsolicited calls on his cellphone from the Lifestation MSA devices. Moreover, limited reimbursement options for such devices is another factor hindering the market growth in regions, including the U.S. and Canada.
We value your investment and offer customization as per your requirements.
Share your precise requirements @ https://www.coherentmarketinsights.com/insight/request-customization/38
Global Medical Alert System (MAS) Market – Significant Players & Key Developments
The global medical alert systems market is highly fragmented, owing to participation of many established, as well as emerging players in the market. The major players include AlertOne Services LLC, Bay Alarm Medical, CarelineUK Monitoring Limited, Galaxy Medical Alert Systems, Ltd., Life Alert Emergency Response Inc., LifeStation Inc., and Koninklijke Philips N.V.
These leading market players are focused on launching new products in an effort to enhance their market revenue. For instance, in August 2019, MobileHelp, a leading provider of the M-PERS (Mobile-Personal Emergency Response System) technology, added new designs to its Trelawear emergency response jewelry collection.
In July 2019, Visiting Angels, a home health care services provider based in Eastern Idaho, U.S., agreed to help in piloting the Constant Companion, a new voice-activated tool and a network of Amazon Alexa devices, to support the healthcare infrastructure for senior citizens. The tool is pre-programmed to offer companionship and security options for people, who already receive at-home nursing care. Furthermore, many recognized hospitals have been employing medical alert systems to improve on their healthcare services. For instance, three leading hospitals in the U.K. are using these systems to help identify sepsis, as part of the NHS Long-term Plan published by the NHS England in January 2019.
Table of Content
Global Medical Alert Systems (MAS) Market Research Report
Section 1: Global Medical Alert Systems (MAS) Industry Overview
Section 2: Global Economic Impact on Medical Alert Systems (MAS) Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Medical Alert Systems (MAS) Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Medical Alert Systems (MAS) Market Forecast
Have a Look at Related Research Insights:
Healthcare Analytical Instrumentation and Systems Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Medical Claims Processing Services Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Computerized Physician Order Entry (CPOE) Systems Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
To know more about us, please visit our website – www.coherentmarketinsights.com
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027