No, it is not recommended.
The Ferris Collection uses magnets and should not be used if you have a pacemaker, ICD (implanted cardiac defibrillator), or a condition that precludes using magnets near your body. Follow your doctor's advice if you have health concerns and use similar caution as you would with other magnetic products. Children should not be allowed to handle magnets, as they can pose a choking hazard, and if swallowed may cause injury or death, so it is advised to keep magnets out of reach of children.
Note: The Ferris ModStation wall-mount includes a magnetic mounting strip, while the wall-mount itself is made of steel and is not a magnet.