Best Medical Alert System Vendors In 2020 - Released By 360quadrants - PowerPoint PPT Presentation

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Best Medical Alert System Vendors In 2020 - Released By 360quadrants

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The medical alert systems market is continuously evolving as medical alert systems manufacturers have started emphasizing on offering high-quality and innovative products. The market is likely to witness substantial growth, owing to the increased demand for high-tech connected medical alert devices based on IoT- and AI-based technologies. – PowerPoint PPT presentation

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Title: Best Medical Alert System Vendors In 2020 - Released By 360quadrants


1
360QUADRANTS RELEASES TOP 20 MEDICAL ALERT SYSTEM
VENDORS IN 2020 The Medical Alert System is a
device, which helps senior citizens get the
required medical assistance in case of
emergencies such as heart attack, breathing
issues, sudden fall, or other cognitive issues.
The medical alert systems market is continuously
evolving as medical alert systems manufacturers
have started emphasizing on offering
high-quality and innovative products. The market
is likely to witness substantial growth, owing
to the increased demand for high-tech connected
medical alert devices based on IoT- and AI-based
technologies. 360Quadrants has released a
quadrant Best Medical Alert System to help
businesses make quicker and more informed
decisions. 360Quadrants are generated post
analysis of companies (product portfolios and
business strategy). Quadrants will be updated
every three months based on market and regional
analyses and developments in the Medical Alert
System market. CATEGORIZATION OF MEDICAL ALERT
SYSTEMVENDORS ON 360QUADRANTS More than 40
companies offering Medical Alert System were
evaluated, of which, 20 companies were
categorized on a quadrant under Visionary
Leaders, Innovators, Dynamic Differentiators, and
Emerging Leaders. Koninklijke Philips, Connect
America, Valued Relationships (VRI), Guardian
Alarm, and Alertone Serviceshave been identified
as visionary leaders as they have established
product portfolios and a robust market presence
and business strategy. QMedic, BayAlarm,
Lifefone, MobileHelp, and Critical Signal
Technologies have been identified as innovators
as they have focused product portfolios, and an
innovative business strategy which helps in
setting new trends in the market. Rescue Alert,
Better Alert, LifeStation, Response Now, and
Vangaurd Wireless have been identified as
emerging companies as they have a niche product
offering and a decent businessstrategy which
helps them in growing consistently. Medical
Guardian LLC, ADT Corporation, GreatCall, Galaxy
Medical Alert Systems, and Bluelinea have been
recognized as dynamic differentiators as they
have an innovative portfolio of solutions and
services. The 360Quadrants platform provides the
most granular Medical Alert System comparison
between vendors. 360Quadrants conducts in-depth
SWOT analysis and accurately analyses the
companies considered for evaluation. This helps
service providers in learning about new
opportunities and areas where they lag behind
their peers. It also helps clients in choosing
the most appropriate vendor for their
requirements. 360QUADRANT COMPANY EVALUATION
METHODOLOGY The Top Medical Alert System will be
rated using the following methodology -
2
  • A highly experienced team of researchers and
    senior analysts conducts extensive research to
    generate a list of vendors (competitors).
  • A patent-pending algorithm is used to collect
    inputs from key stakeholdersindustry experts,
    buyers, vendors, and 360Quadrants analystsbased
    on criteria for Product Maturity and Company
    Maturity.
  • Criteria under Product Maturity include breadth
    and depth of product/service offering, product
    features and functionalities, product
    differentiation, and their impact on customer
    value.
  • Criteria under Company Maturity include
    geographical footprint, partner ecosystem,
    financial stability, and client coverage, or
    sector footprint.
  • Approximately 20 in-depth parameters will be
    considered for research for the Medical Alert
    System
  • market. These parameters will be updated every
    sixmonths to ensure the latest developments are
    taken into consideration.
  • A weight is assigned to each stakeholder based on
    information gathered pertaining to the above
    criteria as well as inputs from stakeholders.
    These inputs follow the order of priority given
    below
  • Buyers
  • Industry Experts
  • 360Quadrants Analysts
  • Vendors (Competitors)
  • The inputs are analyzed, and a final rating is
    assigned to each vendor (competitor).
  • After the finalization of ratings, each vendor is
    placed in the most relevant quadrant based on
    itsscore.
  • ABOUT 360QUADRANTS
  • 360Quadrants is the largest marketplace looking
    to disrupt US 6.3 trillion of technology spends
    and is the only rating platform for vendors in
    the technology space. The platform provides users
    access to unbiased information that helps them
    make qualified business decisions. The platform
    facilitates deeper insight using direct
    engagement with 650 industry experts and
    analysts and allows buyers to discuss their
    requirements with 7500 vendors. Companies get to
    win ideal new customers, customize their
    quadrants, decide key parameters, and position
    themselves strategically in a niche space, to be
    consumed by giants and startups alike. Experts
    get to grow their brand and increase their
    thought leadership. The platform targets the
    building of a social network that links industry
    experts with companies worldwide. The platform
    has around 400 total buyers across various
    markets.
  • 360Quadrants will also be launching quadrants in
    fields like Access Control Software, Medical
    Alert System, and Video Surveillance Systems.

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