360Quadrants releases the latest quadrant for best Medical alert system vendors
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 SYSTEM vendors 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 -
- 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 stakeholders—industry experts, buyers,
vendors, and 360Quadrants analysts—based 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, lighting control system, and Video Surveillance Systems.
Contact:
Mr. Agney Sugla
agney@marketsandmarkets.com
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
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