Medical Alert Systems Market Set to Grow 21.6 Billion USD By 2020 1 | Page 4

The below companies altogether held around 40% share in the global medical
alert systems market.
• Philips Lifeline
• ConnectAmerica
• Hill-Rom Holdings Inc.
• Tyco SimplexGrinnell LP and
• Ascom Holding AG
Favorable regulatory scenario and availability of investments will encourage
emergence of startups such as Voalte and Starling Health. For instance, in
February 2014, Voalte raised $36m in Series C financing to develop its platform
for integrating NCS devices and solutions.

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