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Personal Emergency Response System (PERS) Market: Global Industry Analysis, Trends and Forecast, 2015 - 2025: FMI Estimate

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Personal Emergency Response Systems (PERS), also known as Medical Emergency Response Systems. The personal emergency response system market is a diversified healthcare monitoring devices market which caters to the people in need of immediate medical
Global Personal
Emergency Response
System (PERS) Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
Future Market Insights
www.futuremarketinsights.com
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Report
Description
Report Description
Personal Emergency Response Systems (PERS), also known as Medical Emergency
Response Systems. The personal emergency response system market is a diversified
healthcare monitoring devices market which caters to the people in need of immediate
medical attention. Apart from use by patients to beckon help during emergency, these
devices are also used by people in general, to ensure safety and security when living or
travelling alone.
The usage of Personal emergency response systems is increasing with the growing
demand for home healthcare devices across the globe as they promise safety and
medical security while being affordable and easily accessible.
Personal Emergency Response System (PERS) Market: Drivers and Restraints
The global personal emergency response system market is driven by aging population,
rise number of health conscious people, high adaptation rates of these devices, and new
technology innovations.
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There is increasing rates of aging population and population who opt to lead an active life
in independent living communities, which helps to increase the demand of personal
emergency response system globally.
Also, improvement in awareness, self-care and disease management is helping people
with chronic diseases and disability to lead active and independent lives.
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The desire to live well with complex conditions such as dementia and frailty is spurring
demand for social care services drives the growth of this market globally. However, these
traditional systems are simplistic and they are of little help in actual prevention and life
management. As the personal emergency response system market evolved from the
securities market, issues of maturity and severe sales practices that do not bode well for
the long-term growth have also act as a barrier for this market.
Personal Emergency Response System (PERS) Market: Segmentation
The personal emergency response system market is segmented into following types:
Landline-based (Standard) PERS
• Medical alert phones
Mobile PERS (mPERS)
• GPS mobile PERS
• Wireless emergency response system
• 3G cellular emergency response.
Standalone Devices
• Standalone voice communicator
• V-cube monitoring system
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•Transmitters
•Wandering system
•Medical alarm system
Personal Emergency Response System (PERS) Market: Market Overview
With rapid technological advancement, rising awareness towards personal healthcare
and monitoring, and wide acceptance of personal emergency response system among
aging population. The global personal emergency response system market is expected to
grow at a remarkable CAGR in the forecast period (2015-2025).
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Personal Emergency Response System (PERS) Market: Region-wise Outlook
Depending on geographic regions, global personal emergency response system market is
segmented into seven key regions: North America, South America, Eastern Europe,
Western Europe, Asia Pacific, Japan, and Middle East & Africa.
North America is the leading market for personal emergency response system. AsiaPacific is projected to grow at a substantial growth and will contribute to the global
Personal emergency response system market value exhibiting a robust CAGR during the
forecast period, 2015-2025.
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Personal Emergency Response System (PERS) Market: Key Players
Some of the key participants identified in personal emergency response system market
are AT&T, GreatCall, Tunstall, AlertOne Services LLC, Aerotel medical system Ltd., Philips
Electronics N.V., and others.
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Ethansmith
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