Market Overview:
The global mobile medical alert systems market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and growing demand for technologically advanced medical devices. Based on type, the global mobile medical alert systems market can be segmented into two categories: those that do not require a cell phone and those that require a cell phone. The former category is further sub-segmented into landline-based and satellite-based systems. Of these, the landline-based segment is expected to account for the majority share of the global mobile medical alert systems market in 2018 owing to its low cost and easy installation as compared to other types of systems. However, with advancements in technology and increasing penetration of smartphones globally, the demand for cell phone–dependent mobile medical alert systems is expected to grow at a higher rate during the forecast period. Based on application, the global mobile medical alert system market can be divided into two segments: inside home use and outside home use applications. The former segment accounted for majority share of this market in 2017 due its high adoption rates among elderly population living in developed countries such as UAS., Canada., Japan., etc. However,.the latter segment i8s projectedto witness highest growth rate over th3e forecast period owing tp th3 increasing demand from developing countries such as India,.China,.
Product Definition:
A mobile medical alert system is a type of emergency medical alarm service that allows seniors and people with disabilities to summon help from anywhere in their home or yard. A small, wearable device communicates with a base station installed in the home, which then connects the caller to a trained operator who can provide assistance. Mobile medical alert systems are important for elderly or disabled individuals who may not be able to get help quickly if they fall or have another emergency situation arise.
No Cell Phone Needed:
No cell phone needed is a growing market that has been around for quite some time. It all started with the premise that most of us can agree on, which is the fact that there are times when it would be much easier and more convenient to just let your guard down, put down your defenses and allow people to reach you when you are not available. The only problem with this scenario is if they cannot get through to you.
Cell Phone Needed:
Cell phone needed is the term used to define a medical device which helps people with special needs to stay connected and get in touch with their care givers. It also enables them to send and receive distress calls for help. Cell phones are most commonly used in mobile medical alert systems as they can connect caregivers with individuals who are suffering from Alzheimer’s, dementia or any other form of mental impairment that causes memory loss or difficulty in communicating.
Application Insights:
The inside the home application segment held the largest market share in 2017. This is attributed to increasing number of older people at a global level and growing preference for home healthcare monitoring over hospital-based monitoring. Furthermore, growing awareness about remote elderly care is expected to boost demand for these systems over the forecast period.
The outside the home application segment is expected to witness significant growth owing to rising incidences of Alzheimer¢â‚¬â„¢s disease, stroke and other neurological disorders that affect mobility. In addition, an increase in road accidents across all age groups globally has resulted in increased need for mobile medical alert systems outside the home as ambulances cannot always be relied upon when emergencies arise. These factors are anticipated to drive demand from 2018 through 2030 thereby contributing towards overall revenue growth during this period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high adoption rate of smartphones, and availability of advanced medical alert systems. Moreover, increasing cases of Alzheimer’s disease and other forms neurodegenerative conditions are expected to drive demand for these services in North America over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to growing smartphone penetration rates coupled with increased internet usage by individuals above 60 years old age group (Older Adult Population). These factors are likely to contribute toward market growth in Asia Pacific region during the forecast period. Furthermore, government initiatives such as “One Health†initiative by China CDC that promotes public health through collaboration between public health institutions and mobile healthcare providers is expected drive regional market growth during future years.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increased demand for mobile medical alert systems, as these systems provide safety and security for elderly people living alone or with limited mobility.
- Rising awareness about mobile medical alert systems: There is a growing awareness among consumers about the benefits of using mobile medical alert systems, which is driving the growth of this market. In addition, increasing incidences of chronic diseases such as heart disease, stroke, and diabetes are also contributing to the rising demand for these systems.
- Technological advancements: The development of new technologies has led to innovative features being incorporated into mobile medical alert systems, such as GPS tracking capabilities and fall detection sensors. This is resulting in an increase in their adoption by consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile Medical Alert Systems Market Research Report
By Type
No Cell Phone Needed, Cell Phone Needed
By Application
Inside the Home, Outside the Home
By Companies
Electronic Caregiver, Mobile Help, Alert-1, Guardian Alarm, Rescue Alert, Philips Lifeline, ADT, Greatcall, Connect America, Bay Alarm Medical, LifeStation, Galaxy Medical Alert Systems, Lifefone, Medical Guardian, Vanguard Wireless
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Mobile Medical Alert Systems Market Report Segments:
The global Mobile Medical Alert Systems market is segmented on the basis of:
Types
No Cell Phone Needed, Cell Phone Needed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Inside the Home, Outside the Home
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Electronic Caregiver
- Mobile Help
- Alert-1
- Guardian Alarm
- Rescue Alert
- Philips Lifeline
- ADT
- Greatcall
- Connect America
- Bay Alarm Medical
- LifeStation
- Galaxy Medical Alert Systems
- Lifefone
- Medical Guardian
- Vanguard Wireless
Highlights of The Mobile Medical Alert Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- No Cell Phone Needed
- Cell Phone Needed
- By Application:
- Inside the Home
- Outside the Home
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mobile Medical Alert Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mobile Medical Alert Systems are a type of emergency notification system that can send alerts to your phone when something happens with your health. The alerts could be about things like an irregular heartbeat, low blood pressure, or a seizure.
Some of the key players operating in the mobile medical alert systems market are Electronic Caregiver, Mobile Help, Alert-1, Guardian Alarm, Rescue Alert, Philips Lifeline, ADT, Greatcall, Connect America, Bay Alarm Medical, LifeStation, Galaxy Medical Alert Systems, Lifefone, Medical Guardian, Vanguard Wireless.
The mobile medical alert systems market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobile Medical Alert Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mobile Medical Alert Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mobile Medical Alert Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mobile Medical Alert Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mobile Medical Alert Systems Market Size & Forecast, 2018-2028
4.5.1 Mobile Medical Alert Systems Market Size and Y-o-Y Growth
4.5.2 Mobile Medical Alert Systems Market Absolute $ Opportunity
Chapter 5 Global Mobile Medical Alert Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mobile Medical Alert Systems Market Size Forecast by Type
5.2.1 No Cell Phone Needed
5.2.2 Cell Phone Needed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mobile Medical Alert Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mobile Medical Alert Systems Market Size Forecast by Applications
6.2.1 Inside the Home
6.2.2 Outside the Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobile Medical Alert Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mobile Medical Alert Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mobile Medical Alert Systems Analysis and Forecast
9.1 Introduction
9.2 North America Mobile Medical Alert Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mobile Medical Alert Systems Market Size Forecast by Type
9.6.1 No Cell Phone Needed
9.6.2 Cell Phone Needed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mobile Medical Alert Systems Market Size Forecast by Applications
9.10.1 Inside the Home
9.10.2 Outside the Home
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mobile Medical Alert Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Mobile Medical Alert Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mobile Medical Alert Systems Market Size Forecast by Type
10.6.1 No Cell Phone Needed
10.6.2 Cell Phone Needed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mobile Medical Alert Systems Market Size Forecast by Applications
10.10.1 Inside the Home
10.10.2 Outside the Home
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mobile Medical Alert Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mobile Medical Alert Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mobile Medical Alert Systems Market Size Forecast by Type
11.6.1 No Cell Phone Needed
11.6.2 Cell Phone Needed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mobile Medical Alert Systems Market Size Forecast by Applications
11.10.1 Inside the Home
11.10.2 Outside the Home
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mobile Medical Alert Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Mobile Medical Alert Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mobile Medical Alert Systems Market Size Forecast by Type
12.6.1 No Cell Phone Needed
12.6.2 Cell Phone Needed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mobile Medical Alert Systems Market Size Forecast by Applications
12.10.1 Inside the Home
12.10.2 Outside the Home
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mobile Medical Alert Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mobile Medical Alert Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mobile Medical Alert Systems Market Size Forecast by Type
13.6.1 No Cell Phone Needed
13.6.2 Cell Phone Needed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mobile Medical Alert Systems Market Size Forecast by Applications
13.10.1 Inside the Home
13.10.2 Outside the Home
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mobile Medical Alert Systems Market: Competitive Dashboard
14.2 Global Mobile Medical Alert Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Electronic Caregiver
14.3.2 Mobile Help
14.3.3 Alert-1
14.3.4 Guardian Alarm
14.3.5 Rescue Alert
14.3.6 Philips Lifeline
14.3.7 ADT
14.3.8 Greatcall
14.3.9 Connect America
14.3.10 Bay Alarm Medical
14.3.11 LifeStation
14.3.12 Galaxy Medical Alert Systems
14.3.13 Lifefone
14.3.14 Medical Guardian
14.3.15 Vanguard Wireless
