Title: Personal Emergency Response Systems (PERS) Market Trends, Dynamics & Market Insights
1Presents a Research Report on Personal Emergency
Response Systems Market
The report on the Personal Emergency Response
Systems Market is segmented By Product (Landline
PERS, Mobile PERS, Standalone PERS), By
Application (Home-based Users, Nursing Homes,
Assisted Living Facilities, Hospices),
and Region - COVID-19 Impact Analysis and
Forecast to 2026. This market research report
provides in-depth information on trends,
dynamics, revenue opportunities, competitive
landscape, and recent developments in the global
Personal Emergency Response Systems (PERS) market.
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2The Personal Emergency Response Systems Market
Highlights Drivers
- The Personal Emergency Response Systems (PERS)
Market is estimated to grow from USD 5.9
billion in 2020 to USD 9.1 billion by 2026 at a
healthy CAGR of 7.5 during the forecast period. - The growing geriatric population, strong
adaptation rates of these devices, rise in the
number of health-conscious people, and new
technology modifications are some of the key
factors boosting the growth. Robust growth in the
personal emergency response systems market is
likely to be propelled by the growing adoption of
mobile smartphone-based applications for older
citizens health management and enhancements in
medical alert services.
Market Insight Product Trends Based on
product, the market has been classified into
landline PERS, mobile PERS, and standalone
PERS. The mobile PERS segment accounted for a
substantial market share in 2020. Mobile PERS
exhibits several advantages over conventional
PERS units, which consists of tracking
capabilities via a variety of technologies.
Moreover, they are also lightweight and
long-lasting. They are gaining popularity as they
allow senior citizens to lead a more independent
and normal lifestyle, which further bolsters the
segment growth.
3Market Insight Competitive Insights
- By Region
- The market in Asia-Pacific accounted for the
largest share in 2020 and is projected to
continue its dominance during the review period.
This is mainly attributed to the growing
geriatric population and the increasing
prevalence of chronic diseases. - In addition, the demand for better healthcare
facilities and an increase in home-based health
programs are anticipated to boost the regional
market. Moreover, the rising technological
advancements, growing awareness among the people,
and increasing investments from foreign players
further proliferate the regional growth. - Key Players
- Koninklijke Philips (Netherlands)
- ADT Security Services (US)
- Bay Alarm Medical (US)
- VRI (US)
- Life Alert Emergency Response (US)
- Tunstall (UK)
- Medical Guardian (US)
- AlertOne Services (US)
- GreatCall (US)
- Rescue Alert (US).
4Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
5Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
6About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
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-Response-Systems-(PERS)-Market.htmlform Email
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