Medical Alert Systems Market Worth $9.6 Billion by 2025 – Exclusive Report by MarketsandMarkets™

Medical Alert Systems Market is estimated to be worth USD 6.5 billion in 2020 and is expected to reach USD 9.6 billion by 2025, at a CAGR of 7.9% from 2020 to 2025.

The rapid growth of the medical alert systems market is expected to witness strong growth in the next six years mainly due to the rising elderly population across the globe, increasing adoption of the mobile personal emergency response system, various healthcare reforms, financial assistance to the elderly individuals and an inclination towards independent living.

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