
North America Emergency Call Systems Market
No. of Pages: 101 | Report Code: BMIRE00030238 | Category: Technology, Media and Telecommunications
No. of Pages: 101 | Report Code: BMIRE00030238 | Category: Technology, Media and Telecommunications
The North America emergency call systems market was valued at US$ 1,182.40 million in 2022 and is expected to reach US$ 2,767.20 million by 2030; it is estimated to register a CAGR of 11.2% from 2022 to 2030.
Rising Cases of Alzheimer's Dementia among Geriatric Population and Need for Assisted Living Centers Fuel North America Emergency Call Systems Market
In the US, approximately 42% of assisted living centers run independently while the rest are managed by different organizations. According to data collected by the National Center for Assisted Living, nearly 71% of the people living there are women and 29% are men. It also stated that nearly 11% of the people are 65-74 years old, whereas 7% are less than 65 years old. The majority of the people are older than 85, as they account for ~52% of the total occupancy, while 30% of them belong to the range of 75-84 years. Moreover, according to the Alzheimer's Association, 6.7 million Americans of age 65 and above were estimated to be living with Alzheimer's dementia in 2023. In addition, the rise in the geriatric population, which is leading to increasing incidences of Alzheimer's, is fueling the growth of the market. While traditional home health care is a known option for patients suffering from dementia and Alzheimer's disease, assisted living places emphasize more on activities and programs that fall under memory care. Benefits provided by these centers include a higher level of care, the unique way of operation of each center or community, low-cost services offered by some centers, and efforts made to foster cultural diversity (making it easy for people to socialize). Therefore, the increasing incidence of Alzheimer's dementia among the geriatric population, along with the subsequently increasing need for assisted living centers, propels the demand for emergency call systems.
North America Emergency Call Systems Market Overview
Currently, the life expectancy in the US is higher than ever before. A lot of people live in a nuclear family setup where it is not always possible to give older people the high quality of care they require. These factors have led to an increase in the number of assisted living facilities and skilled nursing facilities in the country. The North America emergency call systems market is also likely to flourish with the growing prevalence of Alzheimer's disease and dementia in the US. Moreover, the elevating geriatric population base and the presence of leading enterprises offering emergency call systems propel market growth in the US. According to the Alzheimer's Association, ~6.7 million Americans aged 65 or more were living with Alzheimer's dementia in 2023, and nearly 10.8% (1 in 9) people of age 65 and above have Alzheimer's dementia. West-Com Nurse Call System, Inc.; Amplion; Cornell Communications; and Tyco SimplexGrinnell are a few of the players that are operating in the emergency call system market in the US. These players are largely engaged in the development of technology products that offer better services to their customers. Amplion offers Amplion Alert, a product that tracks the real-time activities of a patient. It helps in providing patient care and documenting their every step of care, communication, and delivery process.
North America Emergency Call Systems Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the North America Emergency Call Systems provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1,182.40 Million |
Market Size by 2030 | US$ 2,767.20 Million |
Global CAGR (2022 - 2030) | 11.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Application
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Emergency Call Systems refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. Hill-Rom Holdings Inc
2. GE HealthCare Technologies Inc
3. RF Technologies Inc
4. BEC Integration Solutions LLC
5. Mircom Technologies Ltd
6. Systems Technologies Inc
7. Carecaller Emergency Call Systems Inc
8. Ascom Holding AG
9. Cornell Communication
The North America Emergency Call Systems Market is valued at US$ 1,182.40 Million in 2022, it is projected to reach US$ 2,767.20 Million by 2030.
As per our report North America Emergency Call Systems Market, the market size is valued at US$ 1,182.40 Million in 2022, projecting it to reach US$ 2,767.20 Million by 2030. This translates to a CAGR of approximately 11.2% during the forecast period.
The North America Emergency Call Systems Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Emergency Call Systems Market report:
The North America Emergency Call Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Emergency Call Systems Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Emergency Call Systems Market value chain can benefit from the information contained in a comprehensive market report.