MEDICAL ALERT SYSTEMS MARKET ANALYSIS
Geographies Covered
The U.S., Canada, U.K., Germany, and Japan are characterized by high adoption rate of emergency alert systems from the large geriatric population. Moreover, due to high incidence rates of injuries due to fall from beds and upper bunks, the market for medical alert systems is expected to grow further in developed regions. According to the Centers for Disease Control and Prevention (CDC), one in three senior citizens aged 65 and above, fall down from bed and upper bunks each year, in the U.S., and 20% to 30% of them suffer from serious injuries due to the fall. However, with certain issues in the current medical alert systems, there is an immense scope for technological development in the device.
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