Medical Alert Systems Market Projected to Reach $20.95 Billion By 2030 | Allied Market Research
The global medical alert systems market was valued at $6.47 billion in 2020, and is projected to reach $20.95 billion by 2030, registering a CAGR of 10.9% from 2021 to 2030.
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Medical alert systems are devices that enable individuals, particularly seniors, to call for help in emergencies. They typically consist of a wearable button or pendant connected to a base unit, which contacts emergency services or designated contacts when activated.