FALL DETECTION SYSTEMS MARKET ANALYSIS
Global Fall Detection Systems Market: Key Developments
Key players in the market are focused on adopting merger and acquisition (M&A) strategies to expand their product portfolio. For instance, in November 2019, ADT Security Services acquired Marietta, a commercial security integration company. The acquisition is expected to strengthen range of services the commercial division of ADT Security Services can offer customers in Atlanta.
Key players in the market are also focused on adopting collaboration strategies to expand their product portfolio. For instance, Philips, which is a technology company collaborated with Humana Inc., which is U.S. health insurance company, to help improve healthcare outcomes for selected high-risk Medicare Advantage members. Humana Inc. implemented two programs that use medical alert services and remote member monitoring (RMM) solutions of Philips to actively monitor at-risk Medicare Advantage members.
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