Medical Alert Systems Market
The medical alert systems market encompasses devices and services designed to allow users, primarily the elderly and individuals with disabilities, to request emergency assistance. Key customers include home-based users, senior living facilities, and hospitals. Market growth is primarily driven by the expanding aging population, technological advancements in healthcare wearables, and the high rate of global smartphone penetration.
CAGR
10.9%
Compound Annual Growth Rate
Current Value
$11.5B
Estimated 2026
Projected Value
$26.3B
By 2034
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