Medical Alert Systems Market Analysis - The Market for Personal Emergency Response Systems is Projected to reach $8.4 billion by 2020

Aug 07, 2015, 10:10 ET from Research and Markets

DUBLIN, Aug. 7, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/dxpm4v/medical_alert) has announced the addition of the "Medical Alert Systems Market Analysis: -By Type (Landline, Mobile, Standalone); By End User (Home, Senior Living Facilities, Assisted Living Facilities); By Components (Wireless Transmitter, Fall Detection Sensor, GSM, GPS, Microphone)-With Forecast" report to their offering.

The market for Medical Alert Systems is projected to grow at a CAGR of 6.31% from $14.98 billion in 2014 to reach $21.6 billion by 2020.

Medical Alert Systems are the devices that are used to summon assistance by healthcare personnel or individuals in 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. The global medical alert systems market is segmented into PERS and NCS, which are further analyzed by three segments: by type of devices, by end-users and by geography (North America, Europe, Asia-Pacific and Rest of the World), for the forecast period 2014 to 2020. According to the study , the global market is estimated to grow at a CAGR of 6.3% to reach $21.6 billion by 2020.

Analyzing the competitive landscape of the global Medical Alert systems market for 2014 the report puts forward the opinion that below companies altogether held around 40% share in the global medical alert systems market.

  • Philips Lifeline
  • ConnectAmerica
  • Hill-Rom Holdings Inc.
  • Tyco SimplexGrinnell LP and
  • Ascom Holding AG

Companies Mentioned

  • Medical Gases Manufacturers
  • Air Liquide
  • Air Products and Chemicals, Inc
  • AirGas, Inc
  • BeaconMedaes LLC
  • BOD India Ltd
  • BPR Medical Ltd
  • Gulf Cryo
  • INOX Air Products Ltd
  • KV Gasteknik A/S
  • Leland Ltd
  • Linde Group
  • Matheson Tri-Gas Inc
  • Medical Gas Solutions Ltd
  • Penlong Medical Gas Solutions
  • Praxair, Inc
  • Sicgil India Ltd
  • Medical Gas Equipment Manufacturers
  • A Medical Gas
  • DRE International Medical Equipment Distribution

For more information visit http://www.researchandmarkets.com/research/dxpm4v/medical_alert

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net



SOURCE Research and Markets



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