Medical alert systems to become more popular due to aging U.S. population
The COVID-19 pandemic has made it difficult for consumers to check up on their older relatives as they normally would.
Now, a new study has found that medical alert systems, which are only growing in popularity, could help ease consumers’ minds during these difficult times. As more of the population enters into older age, experts predict that sales of these systems will continue to boom.
Aging populations
Medical alert systems are a great tool for older consumers who live by themselves, and even more beneficial for those who struggle with chronic medical conditions. Falls are common for older people, and a medical alert system makes it possible for health care providers to attend to the emergency as quickly as possible.
As of this year, experts found that medical alert systems bring in $6.5 billion, and that number is expected to jump to over $9.5 billion in just five years. Several factors have contributed to this boom in business, not least of which is the continual aging of the general U.S. population.
There are also plenty of options when it comes to choosing a device, which is part of the reason why they have become so popular. Some devices are wearable, while others are wired into the home, but both offer a good level of care and protection for consumers.
Technology has allowed for these alert systems to be available on smartphones, so consumers have plenty of options when deciding which system best suits their needs. Experts also explained that reforms to senior healthcare have made it easier for consumers to have access to such devices, without fear of breaking the bank.
With everyone advised to stay in their homes, this could be the perfect time to introduce a medical alert system to an elderly relative or friend, as it can help ease any worries or fears about an unexpected medical emergency.