Future Trends of Medical Alert System Personal Emergency Response System (PERS) Market

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MarketsandMarkets Presents
Medical Alert System/ Personal Emergency Response
System (PERS) Market worth 7.62 Billion USD by
2020
http//www.marketsandmarkets.com/Market-Reports/me
dical-alert-systems-market-237415207.html
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• According to the new market research
  report "Medical Alert Systems/Personal Emergency
  Response System (PERS) Market by Type (Landline
  PERS, Mobile PERS (MPERS), Standalone PERS), by
  End-User (Home-Based, Senior Living Facilities,
  and Assisted Living Facilities) and by Geography
  - Global Forecast to 2020" , the personal
  emergency response system (PERS) market is
  estimated to reach USD 7.62 Billion by 2020, at a
  CAGR of 6.0 between 2015 and 2020. The factors
  which are driving the personal emergency response
  system market include expanding base of aging
  population worldwide and increasing awareness
  about the healthy and independent lifestyle,
  making daily living easy and smooth.
• Browse 76 market data tables and 48 figures
  spread through 138 pages and in-depth TOC
  on Medical Alert Systems/Personal Emergency
  Response System (PERS) Market - Global Forecast
  to 2020http//www.marketsandmarkets.com/Market-R
  eports/medical-alert-systems-market-237415207.html
  Early buyers will receive 10 customization on
  reports.

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• mPERS (Mobile PERS) Is Expected to Lead the
  Personal Emergency Response System Market
• mPERS, in terms of value, is expected to account
  for the largest share by 2020. This market is
  expected to grow at a CAGR of more than 5
  between 2015 and 2020. The mPERS is rising as the
  number of smartphone users are increasing. In
  todays technology-driven market, customers
  prefer mobility and innovation. The users of
  smartphone are increasing, which is increasing
  the customer base of the PERS smartphone market.
  Tech-savvy users prefer more digitalized personal
  emergency response systems in their smartphones.
• The Market for Assisted Living Facilities Is
  Expected to Grow at the Highest CAGR between 2015
  and 2020
• The market for assisted living facilities is
  expected to grow at a CAGR of more than 5.0
  between 2015 and 2020. This is mainly due to the
  fact that it involves a combination of wireless
  and wired technology for providing
  round-the-clock medical emergency safety to aging
  population.

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• North America Is Expected to Hold the Largest
  Market Share and Grow at a High CAGR During the
  Forecast Period
• The North American PERS market is expected to
  have the largest share by 2020 the market in
  this region is expected to grow at a high CAGR of
  more than 5 between 2015 and 2020. The growth is
  mainly driven by the demand for landline PERS
  devices. Further, changing demographic
  proportion, that is, increasing aging population
  in this region and increasing awareness among the
  senior citizens for healthy lifestyle are key
  factors responsible for the increasing adoption
  of personal emergency response system devices.
• Major players involved in the development of
  personal emergency response system include
  Koninklijke Philips N.V (Lifeline) (Netherlands),
  ADT LLC (U.S.), Tunstall Americas (U.S.), Valued
  Relationships, Inc. (U.S.), Bay Alarm Medical
  (California), Alert One Services (U.S.), and
  others.
• This research report categorizes the global
  personal emergency response system market based
  on type, end- user, and region. This report
  describes the drivers, restraints, opportunities,
  and challenges with respect to the personal
  emergency response system market. The Porters
  five forces analysis has been included in the
  report with a description of each of its forces
  and their respective impact on the personal
  emergency response system market.

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