“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 conducted by IndustryARC, the global market is estimated to grow at a CAGR of 6.3% to reach $21.6 billion by 2020.
Home-based users are the largest end-user segment for medical alert systems. This segment will continue to hold the largest market share owing to the fast growing home healthcare market and growing demand for efficient emergency communication devices in people with medical emergencies, chronic diseases and disabilities. One of the major causes of injuries and hospitalization in older population is the accidental fall. Seniors using medical alert systems get hospitalized only for fewer days or have shorter days of stay than the people without medical alert pendants. Although an accidental fall cannot be prevented, these devices reduce the impact of a fall or injury by ensuring availability of timely medical assistance. In the event of an emergency, the user presses the red button on the pendant, bracelet or the wireless room button; the base unit connects the operator within seconds to assess the situation and contact medical service or the loved ones.In 2014, North America held largest share of 41%, followed by Europe and APAC in the global medical alert systems market. Rise in disposable income and aging population will drive the demand for medical alert systems in the coming years. According to the United Nations, global aging population over 65 years of age was 566.4 million in 2013 and is expected to grow to more than 2 billion by 2050. The market is set to grow at a fast pace, particularly in the APAC region, owing to rise in number of innovations and developments as well as the shift in demographics towards aging population.
Analyzing the competitive landscape of the global Medical Alert systems market for 2014 IndustryARC is of the opinion .
The 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
Favorable regulatory scenario and availability of investments will encourage emergence of startups such as Voalte and Starling Health. For instance, in February 2014, Voalte raised $36m in Series C financing to develop its platform for integrating NCS devices and solutions”
“1 Executive Summary
2 Medical Alert Systems – Market Overview
2.1 Introduction
2.2 Classification
2.3 Personal Emergency Response Systems (PERS)
2.3.1 Classification
2.4 Nurse Call Systems (NCS)
2.4.1 Classification
3 Medical Alert Systems – Market Landscape
3.1 Market Share Analysis
3.1.1 Personal Emergency Response Market, – Share Analysis, 2014
3.1.2 Nurse Call Systems Market – Share Analysis, 2014
3.2 Comparative Analysis
3.2.1 Product Benchmarking
3.2.1.1 Product Benchmarking For PERS Market
3.2.2 End-User Profiling
3.2.3 Patent Analysis
3.2.4 Top Five Financials Analysis
4 Medical Alert Systems– Market Forces
4.1 Market Drivers
4.1.1 Rise In Aging Population to Drive Medical Alert Systems Market
4.1.2 Booming Home Healthcare Market to Create Need For Affordable Monitoring Devices
4.1.3 Healthcare Reforms to Favor Growth of Medical Alert Systems Market
4.1.4 Usage of Smartphones to Drive The Medical Alert Systems Market
4.1.5 Constant Evolution of Healthcare Industry Leads to Innovations In The NCS Market
4.1.6 Stringent Government Regulations to Reorganize The NCS Industry
4.1.7 Technological Advancements And Ease of Access Drive Penetration of Medical Alert Systems
4.2 Market Constraints
4.2.1 Limited Financial Resources In Elderly Population Will Impact The Adoption of PERS
4.2.2 Inhibitions About Using Medical Alert Systems
4.2.3 Regulatory Barriers For Nurse Call Systems
4.3 Market Challenges
4.3.1 Limited Range of PERS
4.3.2 Lack of Infrastructure& Trained Resources
4.3.3 Increase In False Alarms Will Limit The Efficiency of Medical Alert Systems
4.3.4 High Cost of Newer Technologies
4.4 Attractiveness of The Industry
4.4.1 Power of Suppliers
4.4.2 Power of Customers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitution
4.4.5 Degree of Competition
4.5 Emerging PERS Technologies
4.5.1 Motion Sensors
4.5.2 Sync-In Car Medical Alert System
4.5.3 Integration of Near-Field Communication (NFC) Technology In PERS
4.5.4 Use of Medical QR Codes In PERS Devices
5 Medical Alert Systems – Government Regulations
5.1 Personal Emergency Response Systems – Government Regulations
5.1.1 North America
5.1.1.1 U.S.
5.1.1.2 Canada
5.1.1.3 Mexico
5.2 Europe
5.2.1 Asia-Pacific
5.3 Rest of The World
5.4 Nurse Call Systems – Government Regulations
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Rest of The World
6 Medical Alert Systems– Strategic Analysis
6.1 Value Chain Analysis
6.1.1 Personal Emergency Response Systems
6.1.2 Nurse Call Systems
6.2 Pricing Analysis
6.2.1 Personal Emergency Response Systems – Pricing Analysis
6.2.1.1 PERS Market Pricing Analysis For Non-Profit Organizations
6.2.2 Nurse Call Systems – Pricing Analysis
6.3 Opportunity Analysis
6.3.1 Personal Emergency Response Systems – Opportunity Analysis
6.3.1.1 Emerging Markets Are The Next Frontiers of The Growth
6.3.1.2 Prospective Customer Base to Create Potential Opportunities For The U.S. PERS Market
6.3.1.3 Standalone PERS Devices to Revolutionize The PERS Market
6.3.2 Nurse Call Systems – Opportunity Analysis
6.3.2.1 Emerging Regions Hold Abundant Growth Potential For NCS Market
6.3.2.2 Middleware Interfacing to Become The Future of The NCS
6.4 Product/Market Life Cycle Analysis
7 Medical Alert Systems Market Classification
8 Personal Emergency Response Systems Market – Classification
8.1 Wireless Transmitter
8.2 Wireless Receiver
8.3 Fall Detection Sensor
8.4 Microphone And Speaker
8.5 GPS Tracking Unit
8.6 GSM Transceiver
8.7 Magnetometer
8.8 Personal Emergency Response System, By Type
8.8.1 Demand For Compact And Low-Cost PERS to Drive The Standalone PERS Devices Market
8.8.2 Landline-Based Personal Emergency Response Systems
8.8.3 Mobile PERS
8.8.3.1 Mobile PERS Market to Be Driven By Increased Use of Mobile Phones Across Aging Population
8.8.4 Standalone Personal Emergency Response Systems
8.9 Personal Emergency Response Systems Market – By End-Users
8.9.1 Rising Healthcare Costs to Increase Adoption of PERS Devices In Care Facilities
8.9.2 Home-Based Users
8.9.3 Senior Living Facilities
8.9.4 Assisted Living Facilities
8.10 Personal Emergency Response Systems Market -Geographic Analysis
8.10.1 North America
8.10.1.1 Technological Advancements to Drive Innovations In The Matured PERS Market In North America
8.10.1.2 The U.S.
8.10.1.3 Canada
8.10.1.4 Mexico
8.10.2 Europe
8.10.2.1 United Kingdom
8.10.2.2 Germany
8.10.2.3 France
8.10.2.4 Italy
8.10.2.5 Spain
8.10.2.6 Others
8.10.3 Asia-Pacific
8.10.3.1 China
8.10.3.2 Australia
8.10.3.3 Japan
8.10.3.4 New Zealand
8.10.3.5 India
8.10.3.6 Others
8.10.4 Rest of The World
8.10.4.1 Brazil
8.10.4.2 Saudi Arabia
8.10.4.3 South Africa
8.10.4.4 Russia
8.10.4.5 Others
9 Nurse Call Systems Market – Classification
9.1 Central Console
9.2 Room Stations
9.3 Hallway Communication Systems
9.4 Corridor Or Intermediate Station Lights
9.5 Middleware
9.6 Nurse Call Systems Market Classification, By Type
9.6.1 Traditional Nurse Call Systems
9.6.2 Advanced Nurse Communication Systems
9.6.3 Middleware Interfacing Nurse Call Systems
9.6.4 Middleware Interfacing to Revolutionize Patient-to-Nurse Communication
9.7 Nurse Call Systems Market – By End-Users
9.7.1 Hospitals and Clinics
9.7.1.1 Regulatory Reforms to Facilitate Large-Scale Implementation of NCS Across Hospitals And Clinics
9.7.2 Senior Living Facilities
9.7.2.1 Growing Aging Population Will Spur the Adoption of NCS In Senior Care Centers
9.7.3 Assisted Living Facilities
9.8 Nurse Call Systems Market -Geographic Analysis
9.8.1 North America
9.8.1.1 The U.S.
9.8.1.2 Canada
9.8.1.3 Mexico
9.8.2 Europe
9.8.2.1 Favorable Reimbursement Policies to Propel The Adoption of NCS
9.8.2.2 United Kingdom
9.8.2.3 Germany
9.8.2.4 France
9.8.2.5 Italy
9.8.2.6 Spain
9.8.3 Asia-Pacific
9.8.3.1 Booming Healthcare Industry to Aid Rapid Developments In The NCS Industry
9.8.3.2 China
9.8.3.3 Australia
9.8.3.4 Japan
9.8.3.5 India
9.8.3.6 New Zealand
9.8.3.7 South Korea
9.8.3.8 Others
9.8.4 Rest of The World
9.8.4.1 Brazil
9.8.4.2 Saudi Arabia
9.8.4.3 South Africa
9.8.4.4 Russia
9.8.4.5 Others
10 Medical Alert Systems– Market Entropy
10.1 Most Dominant Strategy – Partnerships
10.2 New Product Launches
11 Nurse Call Systems – Market Entropy
11.1 Most Preferred Strategy – Product Launches
11.2 New Product Launches
12 Personal Emergency Response Systems Company Profiles (Overview, Financials– Top 5 Companies, Developments, Product Portfolio)
12.1 ADT LLC D.B.A. ADT Security Services
12.1.1 Business Overview
12.1.2 Products
12.1.3 Services
12.1.4 Financials
12.1.5 Strategy
12.1.6 Developments
12.2 Alertone Services LLC
12.2.1 Business Overview
12.2.2 Products
12.2.3 Services
12.2.4 Financials
12.2.5 Strategy
12.3 Bay Alarm Medical company
12.3.1 Business Overview
12.3.2 Products
12.3.3 Services
12.3.4 Financials
12.3.5 Strategy
12.3.6 Developments
12.4 Careline UK Monitoring Limited
12.4.1 Business Overview
12.4.2 Products
12.4.3 Services
12.4.4 Financials
12.4.5 Strategy
12.4.6 Developments
12.5 Galaxy Medical Alert Systems, Ltd.
12.5.1 Business Overview
12.5.2 Products
12.5.3 Services
12.5.4 Financials
12.5.5 Strategy
12.6 Life Alert Emergency Response, Inc.
12.6.1 Business Overview
12.6.2 Products
12.6.3 Services
12.6.4 Financials
12.6.5 Strategy
12.7 Life Guardian Technologies LLC
12.7.1 Business Overview
12.7.2 Products
12.7.3 Services
12.7.4 Financials
12.7.5 Strategy
12.8 Lifefone Personal Response Services
12.8.1 Business Overview
12.8.2 Products
12.8.3 Services
12.8.4 Financials
12.8.5 Strategies
12.8.6 Developments
12.9 Lifestation, Inc.
12.9.1 Business Overview
12.9.2 Products
12.9.3 Financials
12.9.4 Services
12.9.5 Strategy
12.9.6 Developments
12.10 Logicmark, LLC
12.10.1 Business Overview
12.10.2 Products
12.10.3 Services
12.10.4 Financials
12.10.5 Strategies
12.10.6 Developments
12.11 Mobilehelp
12.11.1 Business Overview
12.11.2 Products
12.11.3 Services
12.11.4 Strategies
12.11.5 Developments
12.12 Koninklijke Philips N.V (Lifeline)
12.12.1 Business Overview
12.12.2 Products
12.12.3 Services
12.12.4 Financials
12.12.5 Strategies
12.12.6 Developments
12.13 Mytrex Inc. Dba Rescue Alert
12.13.1 Business Overview
12.13.2 Products
12.13.3 Services
12.13.4 Financials
12.13.5 Strategies
12.13.6 Developments
12.14 Tunstall Healthcare (UK) Ltd
12.14.1 Business Overview
12.14.2 Products
12.14.3 Services
12.14.4 Financials
12.14.5 Strategies
12.14.6 Developments
12.15 Valued Relationships, Inc.
12.15.1 Business Overview
12.15.2 Products
12.15.3 Financials
12.15.4 Strategies
12.15.5 Developments
12.16 Non-Profit Medical Alert Systems Providers
13 Nurse Call Systems Market – Company Profiles (Overview, Financials, Swot Analysis – Top 5 Companies, Developments, Product Portfolio)
13.1 Ascom Holding Ag
13.1.1 Business Overview
13.1.2 Products And Services
13.1.3 Financials
13.1.4 Strategies
13.1.5 Developments
13.2 Honeywell International, Inc.
13.2.1 Business Overview
13.2.2 Products And Services
13.2.3 Financials
13.2.4 Strategy
13.2.5 Developments
13.3 Rauland-Borg Corporation
13.3.1 Business Overview
13.3.2 Products & Services
13.3.3 Financials
13.3.4 Strategy
13.3.5 Developments
13.4 Siemens AG
13.4.1 Business Overview
13.4.2 Products & Services
13.4.3 Financials
13.4.4 Strategy
13.5 Tektone Sound & Signal Mfg., Inc.
13.5.1 Business Overview
13.5.2 Products & Services
13.5.3 Financials
13.5.4 Strategies
13.5.5 Developments
13.6 Hill- Rom Holdings, Inc.
13.6.1 Business Overview
13.6.2 Products & Services
13.6.3 Financials
13.6.4 Strategy
13.6.5 Developments
13.7 Jeron Electronic System, Inc.
13.7.1 Business Overview
13.7.2 Financials
13.7.3 Products & Services
13.7.4 Developments
13.7.5 Strategy
13.8 Simplexgrinnell LP
13.8.1 Business Overview
13.8.2 Products And Services
13.8.3 Financials
13.8.4 Developments
13.8.5 Strategy
13.9 Stanley Health Care Solution
13.9.1 Business Overview
13.9.2 Products & Services
13.9.3 Financials
13.9.4 Strategy
13.9.5 Developments
13.10 GE Health Care Solution
13.10.1 Business Overview
13.10.2 Products &Services
13.10.3 Financials
13.10.4 Strategy
13.10.5 Developments
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
“”*Financials would be provided on a best efforts basis for private companies””
14 Appendix
14.1 Abbreviations
14.2 Sources
14.3 Research Methodology
14.4 Expert Insights
14.5 The Arc Advantage”
“12 Personal Emergency Response Systems Company Profiles (Overview, Financials– Top 5 Companies, Developments, Product Portfolio)
12.1 ADT LLC D.B.A. ADT Security Services
12.1.1 Business Overview
12.1.2 Products
12.1.3 Services
12.1.4 Financials
12.1.5 Strategy
12.1.6 Developments
12.2 Alertone Services LLC
12.2.1 Business Overview
12.2.2 Products
12.2.3 Services
12.2.4 Financials
12.2.5 Strategy
12.3 Bay Alarm Medical company
12.3.1 Business Overview
12.3.2 Products
12.3.3 Services
12.3.4 Financials
12.3.5 Strategy
12.3.6 Developments
12.4 Careline UK Monitoring Limited
12.4.1 Business Overview
12.4.2 Products
12.4.3 Services
12.4.4 Financials
12.4.5 Strategy
12.4.6 Developments
12.5 Galaxy Medical Alert Systems, Ltd.
12.5.1 Business Overview
12.5.2 Products
12.5.3 Services
12.5.4 Financials
12.5.5 Strategy
12.6 Life Alert Emergency Response, Inc.
12.6.1 Business Overview
12.6.2 Products
12.6.3 Services
12.6.4 Financials
12.6.5 Strategy
12.7 Life Guardian Technologies LLC
12.7.1 Business Overview
12.7.2 Products
12.7.3 Services
12.7.4 Financials
12.7.5 Strategy
12.8 Lifefone Personal Response Services
12.8.1 Business Overview
12.8.2 Products
12.8.3 Services
12.8.4 Financials
12.8.5 Strategies
12.8.6 Developments
12.9 Lifestation, Inc.
12.9.1 Business Overview
12.9.2 Products
12.9.3 Financials
12.9.4 Services
12.9.5 Strategy
12.9.6 Developments
12.10 Logicmark, LLC
12.10.1 Business Overview
12.10.2 Products
12.10.3 Services
12.10.4 Financials
12.10.5 Strategies
12.10.6 Developments
12.11 Mobilehelp
12.11.1 Business Overview
12.11.2 Products
12.11.3 Services
12.11.4 Strategies
12.11.5 Developments
12.12 Koninklijke Philips N.V (Lifeline)
12.12.1 Business Overview
12.12.2 Products
12.12.3 Services
12.12.4 Financials
12.12.5 Strategies
12.12.6 Developments
12.13 Mytrex Inc. Dba Rescue Alert
12.13.1 Business Overview
12.13.2 Products
12.13.3 Services
12.13.4 Financials
12.13.5 Strategies
12.13.6 Developments
12.14 Tunstall Healthcare (UK) Ltd
12.14.1 Business Overview
12.14.2 Products
12.14.3 Services
12.14.4 Financials
12.14.5 Strategies
12.14.6 Developments
12.15 Valued Relationships, Inc.
12.15.1 Business Overview
12.15.2 Products
12.15.3 Financials
12.15.4 Strategies
12.15.5 Developments
12.16 Non-Profit Medical Alert Systems Providers
13 Global Nurse Call Systems Market – Company Profiles (Overview, Financials, Swot Analysis – Top 5 Companies, Developments, Product Portfolio)
13.1 Ascom Holding Ag
13.1.1 Business Overview
13.1.2 Products And Services
13.1.3 Financials
13.1.4 Strategies
13.1.5 Developments
13.2 Honeywell International, Inc.
13.2.1 Business Overview
13.2.2 Products And Services
13.2.3 Financials
13.2.4 Strategy
13.2.5 Developments
13.3 Rauland-Borg Corporation
13.3.1 Business Overview
13.3.2 Products & Services
13.3.3 Financials
13.3.4 Strategy
13.3.5 Developments
13.4 Siemens AG
13.4.1 Business Overview
13.4.2 Products & Services
13.4.3 Financials
13.4.4 Strategy
13.5 Tektone Sound & Signal Mfg., Inc.
13.5.1 Business Overview
13.5.2 Products & Services
13.5.3 Financials
13.5.4 Strategies
13.5.5 Developments
13.6 Hill- Rom Holdings, Inc.
13.6.1 Business Overview
13.6.2 Products & Services
13.6.3 Financials
13.6.4 Strategy
13.6.5 Developments
13.7 Jeron Electronic System, Inc.
13.7.1 Business Overview
13.7.2 Financials
13.7.3 Products & Services
13.7.4 Developments
13.7.5 Strategy
13.8 Simplexgrinnell LP
13.8.1 Business Overview
13.8.2 Products And Services
13.8.3 Financials
13.8.4 Developments
13.8.5 Strategy
13.9 Stanley Health Care Solution
13.9.1 Business Overview
13.9.2 Products & Services
13.9.3 Financials
13.9.4 Strategy
13.9.5 Developments
13.10 GE Health Care Solution
13.10.1 Business Overview
13.10.2 Products &Services
13.10.3 Financials
13.10.4 Strategy
13.10.5 Developments”
