Medical Alert Systems (MAS) Market Is Booming Worldwide 2021-2028 | AlertOne Services, LLC. Bay Alarm Medical, CarelineUK Monitoring Limited, Galaxy Medical Alert Systems

Medical Alert Systems (MAS) Market Growth Driven By Growing Geriatric Population

Global Medical Alert Systems (MAS) Market, by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Market Overview:
Medical alert system (MAS) offers a fast and easy way for the elderly and those who live alone, to get help during an emergency, whether it be a medical issue, a fire, a fall, or any event that requires an immediate response. They are designed to signal an emergency requiring urgent attention and to call emergency medical personnel. A medical alert system is a wearable device that helps user summon emergency assistance when needed. These devices are widely used by disabled and/or elderly individuals to signal and/or to call emergency medical personnel in case of emergency. In the case of an accident, fall, or sudden illness at home, medical alert systems are particularly valuable. These easy-to-use communication tools allow seniors to remain living safely in their homes as long as possible.

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Competitive Landscape:

Major players operating in the global medical alert systems (MAS) market are LifeStation, Inc., Bay Alarm Medical, AlertOne Services, Koninklijke Philips N.V., CarelineUK Monitoring Limited, Life Alert Emergency Response, Inc., Galaxy Medical Alert Systems, among others.

Key Market Drivers:

Growing geriatric population worldwide, increasing penetration of smartphones in healthcare, and technological advancements in healthcare wearables are expected to boost the growth of the medical alert systems (MAS) market during the forecast period. The pace of population ageing is much faster than in the past. For instance, according to the World Health Organization (WHO), by 2030, one in six people in the world will be aged 60 years or over, and the world’s population of people aged 60 years and older will double (2.1 billion) by 2050.

Moreover, favorable healthcare policies, rising adoption of life-saving and tracking systems, increase in implementation of emergency response systems, and technological advancements in medical alert systems are some major factors expected to augment the growth of the medical alert systems (MAS) market. For instance, in November 2021, the city of Detroit, Michigan, U.S. launched a new emergency alert notification system to keep residents, businesses, and people who work in the city updated. The city is using the CodeRED emergency notification system, which now operates in thousands of municipalities and areas nationwide.

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COVID-19 Impact Analysis:

The medical alert systems market is witnessing robust growth due to the increasing demand for medical alert systems by home-based users and hospitals/clinics due to the outbreak of COVID-19. These systems have especially gained importance amid the pandemic because they offer patients safer, more accessible options for preventive, routine, and chronic care. In March 2020, the WHO launched a dedicated messaging services in Arabic, English, French, Hindi, Italian, Spanish and Portuguese to keep individuals safe from the novel coronavirus. This easy-to-use messaging service has the potential to reach two billion people and enables WHO to get info directly into the hands of the people that need it. This in turn is expected to aid in the growth of the medical alert systems (MAS) market.

Key Takeaways:

• The medical alert systems (MAS) market is expected to exhibit a CAGR of XX % during the forecast period due to the increasing adoption from aging population. For instance, in January 2020, LifeStation, a provider of medical alert monitoring systems, announced the launch of LifeStation Mobile LTE, allowing seniors to get help quickly and confidently, anywhere in the country.

• Among regions, North America, Europe, and Asia Pacific are expected to witness robust growth in the medical alert systems (MAS) market due to the increasing aging population, increasing penetration of smartphones, advancements in healthcare wearables, and rising adoption of life-saving and tracking systems in these regions.

• For instance, in January 2021, CVS Health launched Symphony medical alert system to help caregivers monitor the safety and well-being of loved ones. This collection of in-home and wearable devices offers a new at-home experience by connecting a suite of sensors that can monitor for falls, motion, and room temperature while also providing a 24/7 personal emergency response platform for use when needed.

• Moreover, in December 2019, Arvi, a healthtech firm, announced the launch of the smart medical alert system for senior citizens in India. The system offers emergency and non- emergency medical assistance with doorstep convenience for senior citizens.

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Table of Contents:

1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations

2. Market Overview
o Report Description
• Market Definition and Scope
o Executive Summary
• Market Snippet By Product Type
• Market Snippet By Application
• Market Snippet By Technology
• Market Snippet By End User
• Market Snippet By Region
o Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

o Market Dynamics
• Drivers
• Restraints
• Market Opportunities
o Technological Trends
o PEST Analysis
o Impact Analysis

4. Global Medical Alert Systems (MAS) Market, By Product Type, 2021 – 2028 (US$ Million)

o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Reagents & Consumables
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Software’s
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Instruments
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)

5. Global Medical Alert Systems (MAS) Market, By Application, 2021 – 2028 (US$ Million)

o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Genomics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Proteomics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Diagnostics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Drug Discovery
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)

6. Global Medical Alert Systems (MAS) Market, By Technology, 2021 – 2028 (US$ Million)

o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Microarrays
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Microfluidics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)

7. Global Medical Alert Systems (MAS) Market, By End User, 2021 – 2028 (US$ Million)

o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Hospitals
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Diagnostic Labs
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Academic & Research Institutes
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Biotechnology & Pharmaceutical Companies
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)

8. Global Medical Alert Systems (MAS) Market, By Regions, 2021 – 2028 (US$ Million)

o Introduction
• Market Share Analysis, By Region, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, For Regions, 2021 – 2028
o North America
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• U.S.
• Canada
o Europe
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
o Asia Pacific
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of APAC
o Latin America
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• Brazil
• Mexico
• Rest of Latin America
o Africa
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• South Africa
• Central Africa
• North Africa
o Middle East
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• GCC
• Israel
• Rest of Middle East

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