Medical Alert Systems Market Size, Share, and Outlook 2026

Medical alert systems market is expected to grow from USD 6.8 billion in 2021 to USD 11.1 billion by 2026; it is expected to grow at a CAGR of 10.3 % during the forecast period.

Philips (Netherlands) ,Connected America (US) ,Valued Relationships (US) ,Medical Guardian (US) ,ADT (US) Guardian Alarm (US), Bay Alarm Medical (US), MobileHelp (US), Alert1 (US), and LifeFone (US) are among the key players operating in the medical alert systems market.

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Medical Alert Systems, by Application:
Home-Based users
Senior Living Facilities/Senior Care Centers
Assisted Living Facilities
Hospitals and Clinics

The increasing geriatric population and the high level of health literacy across the world are the key factors for the escalated demand for medical alert systems, which can be used by senior citizens, disabled people, or by people with brain illnesses to receive prompt help in emergencies. Under the health literacy program, people are trained on making smart healthcare choices, improving their communication with doctors or emergency responders, etc. Elderly people are often prone to falls.

The revolution brought by emerging technologies such as the Internet of Things (IoT) and artificial intelligence (AI) has provided tremendous opportunities to the players in the medical alert systems market. State-of-the-art technologies can be used to create a difference in the medical alert systems market, and the stakeholders can leverage it by timely implementation. AI-driven systems, along with predictive analytics, help in automatic fall detection and wanderer control, as well as provide notification to caregivers.