The alert systems that are specifically designed to identify medical emergencies is known as medical alert systems. These systems contain transmitters that can be activated either manually or automatically at the time of an emergency situation. These alerts are then transferred to the patient’s relatives or any nearby medical facility such as a hospital or a clinic. This helps in obtaining medical attention much faster pace. These system also allow a person to contact emergency services in the event of a fall or other emergency.
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The Prominent/Emerging Players in the Medical Alert Systems Market Research include:
ALERTONE SERVICES LLC.
Bay Alarm Medical
Galaxy Medical Alert Systems.
Guardian Security Systems, Inc.
Koninklijke Philips N.V.
LifeFone Medical Alert Services.
Medical Guardian, LLP
The global medical alert systems market is segmented on the basis of type, technology and end user. Based on type, the market is segmented as landline, mobile and standalone/wall-mounted devices. On the basis of technology, the global medical alert systems market is segmented into, medical alert alarm (button) system, unmonitored medical alert systems and two-way voice systems. Similarly, based on end user, the market is categorized as, hospitals, nursing homes, senior care centers and home healthcare
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.
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