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U.S. Medical Alert Systems Market Size, Share Global Analysis Report, 2018 – 2027

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U.S. Medical Alert Systems Market By Component (Software, Services, and Hardware), By Product Type (Landline, Standalone, and Mobile), and By End-User (Home-Based Users, Hospice Care, Nursing Homes, and Assisted Living Facilities): Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2027

Industry Insights

The report covers the forecast and analysis of the U.S. medical alert systems market. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the U.S. medical alert systems market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the U.S. medical alert systems market.

Global U.S. Medical Alert Systems Market Size

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In order to give the users of this report a comprehensive view of the U.S. medical alert systems market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

logoReport Scope

Report Attributes

Details

Market Size in 2018

USD 1,707 Million

Projected Market Size in 2027

USD 2,700 Million

Growth Rate

CAGR 5.2%

Base Year

2017

Forecast Years

2018 – 2027

Key Market Players

ADT Inc., ALERTONE SERVICES LLC, Bay Alarm Family of Companies, Girling Health Care of New York, Inc., Life Alert Emergency Response, Inc., Life Link Response, LifeFone Medical Alert Services, Medical Alert, Medical Care Alert, Medical Guardian, LLP, MediPendant, MobileHelp, NXT-ID, Inc., QMedic, and ResponseNow.

Key Segment

By Component, By Product Type, and By End-User

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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The study provides a decisive view of the U.S. medical alert systems market by segmenting the market based on the component, product type, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. 

Healthcare reforms in the U.S. are expected to propel the demand for medical alert systems in the country. Medical alert systems have the ability to interact with the call center personnel during emergency situations. The systems also facilitate two-way communication that assists the patients to interact with the hospital or a call center. Apart from this, effective connectivity to smart homes and the equipment like Amazon, Google Home, LifePod, and HomePod will drive the medical alert systems industry in the countries like the U.S.

Based on the component, the market for medical alert systems can be divided into software, services, hardware. In terms of product type, the market can be classified into landline, standalone, and mobile.  On the basis of end-user, the industry can be divided into home-based users, hospice care, nursing homes, and assisted living facilities.

logoCompetitive Analysis

  • ADT Inc.
  • ALERTONE SERVICES LLC
  • Bay Alarm Family of Companies
  • Girling Health Care of New York Inc.
  • Life Alert Emergency Response Inc.
  • Life Link Response
  • LifeFone Medical Alert Services
  • Medical Alert
  • Medical Care Alert
  • Medical Guardian
  • LLP
  • MediPendant
  • MobileHelp
  • NXT-ID Inc.
  • QMedic
  • ResponseNow

 

Industry Major Market Players

  • ADT Inc.,
  • ALERTONE SERVICES LLC,
  • Bay Alarm Family of Companies,
  • Girling Health Care of New York Inc.,
  • Life Alert Emergency Response Inc.,
  • Life Link Response,
  • LifeFone Medical Alert Services,
  • Medical Alert,
  • Medical Care Alert,
  • Medical Guardian,
  • LLP,
  • MediPendant,
  • MobileHelp,
  • NXT-ID Inc.,
  • QMedicResponseNow
     

Frequently Asked Questions

The U.S. medical alert systems market was valued at approximately USD 1,707 million in 2018 and is expected to reach a value of around USD 2,700 million by 2027, at a CAGR of around 5.2% between 2019 and 2027.
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
ADT Inc., ALERTONE SERVICES LLC, Bay Alarm Family of Companies, Girling Health Care of New York, Inc., Life Alert Emergency Response, Inc., Life Link Response, LifeFone Medical Alert Services, Medical Alert, Medical Care Alert, Medical Guardian, LLP, MediPendant, MobileHelp, NXT-ID, Inc., QMedic, and ResponseNow.
U.S. Medical Alert Systems Market Revenue Projected Around USD 2,700 Million By 2027