Global Medical Alert SystemPersonal Emergency Response System Market Press Release

1. GlobalMedicalAlertSystem/PersonalEmergencyResponseSystemMarket toBePropelledbytheIncreaseinElderlyPopulationandAdvanced Technologies in WearablesbyCAGRof~11%During2023– 2033 KennethResearchpublished areporttitled“MedicalAlertSystem/Personal Emergency Response System Market: Global Demand Analysis & Opportunity Outlook 2033”whichdeliversdetailedoverviewof theglobalmedicalalert system/personal emergency response system market in terms of market segmentation by producttypes,applications,technology,and byregion. Further,for thein-depthanalysis, thereportencompasses theindustry growth indicators,restraints,supplyanddemandrisk,alongwithdetaileddiscussiononcurrent and future market trends that areassociatedwiththegrowthofthemarket. Theglobalmedicalalertsystem/personalemergencyresponsesystem marketis expectedtoholdarevenueof~USD21billionby2033,growingfrom~USD8billionin 2022. The market growth can be attributed to the increase in the elderly population, the use of wearables with advanced technologies, chronic diseases, and healthcare apps on the smartphone.

2. Theglobalmedicalalert system/personalemergencyresponse systemmarketis expected to grow at a CAGR of approximately11% from 2023-2033. The market is segmented by applications into home-based uses, senior living facilities, and assisted livingfacilities.Ofthese,thehome-basedusers'segmentisanticipatedtoholdthelargest market share by the end of 2033, owing to the increase in chronic diseases, including cardiovasculardiseases,cancer,chronic respiratorydiseases,and diabetes. For moreinformation’s@https://www.kennethresearch.com/report-details/global- medical-alert-systempersonal-emergency-response-system-market-/10059767 The global medical alert system/personal emergency response system market is divided into five major regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is projected to hold the largest marketsharebytheendof2033,backedbyalargegeriatricpopulation,chronicdiseases, and a need for better healthcare. The research is global in nature and covers detailed analysison themarketinNorth America(U.S.,Canada),Europe(U.K., Germany, France,Italy,Spain,Hungary,Belgium,Netherlands&Luxembourg,NORDIC[Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia- Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also beencovered and displayed in theresearchreport. Advanced TechnologiesinWearables toBoosttheMarketGrowth It is estimated that the number of connected wearables should reach approximately 2 billion by 2022. Advanced technologies like artificial intelligence (AI), and the internet of things (IoT) incorporated into wearables have proved to be helpful to both physicians andpatients.Thesetechnologieshelpmedicalpractitionershelpmonitorthehealthof

3. their patients remotely while they help the patients to avoid costly and unnecessary hospitalvisits. However, unfamiliarity with wearables, the reluctance of elders to use technology, and false alarms are expected to operate as key restraints to the growth of the global medical alertsystem/personal emergencyresponse systemmarketovertheforecastperiod. This report also provides the existing competitive scenario of some of the key players of the global medical alert system/personal emergency response system marketwhich includescompanyprofilingof KoninklijkePhilipsN.V.,ConnectAmerica.com,LLC, Medical Guardian, LLC, MobileHelp, LLC, AlertOne Services, LLC, Bay Alarm Medical, ADT,TunstallHealthcareGroup,GalaxyMedicalAlertSystemsLtd.,VanguardWireless Pty Ltd, and others.. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global medicalalertsystem/personalemergencyresponsesystem marketthatwillhelp industryconsultants,equipmentmanufacturers,existingplayerssearchingfor expansion opportunities, new players searching possibilities and other stakeholders to aligntheirmarketcentricstrategiesaccordingtotheongoingandexpectedtrendsinthe future. RequestReport Sample@https://www.kennethresearch.com/sample-request- 10059767 KennethResearch isaleadingserviceproviderfor strategicmarketresearch and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order toavoid futureuncertainties. Contact formoreInfo:

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