Global Personal Emergency Response Systems Market was valued at USD 3,675.0 Million in 2019; it is estimated to reach USD 5,540.2 Million in 2027 with a compound annual growth rate of 7% during the study period 2021–2027.
The use of personal emergency response systems is increasing with increasing demand for home medical devices around the world as they promise safety and medical security while being inexpensive and easily accessible. Also known as Personal Emergency Response System (PERS), Medical Emergency Response System. The Personal Emergency Response Systems Market is a market for a variety of medical monitoring devices targeting people in need of immediate medical attention. In addition to being used by patients to call for help in emergencies, these devices are commonly used to ensure safety and security when people live alone or travel.
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Market Segmentation:-
By Type:
- Standalone PERS
- Landline PERS
- Mobile PERS
- Others
By End-User:
- Home-based Users
- Assisted Living Facilities
- Nursing Homes
- Hospitals
Key Players
The Key Players of the Global Personal Emergency Response Systems (PERS) Market are ALERTONE SERVICES LLC (US), Cisco Systems, Inc. (US), Nortek Security and Control (US), VRI (US), Honeywell International Inc. (US), Tunstall (UK), Robert Bosch GmbH (Germany), GreatCall Inc. (US), Koninklijke Philips NV (Netherlands), and ADT (US) among others.
Scope of the Report
The research study analyzes the global Personal Emergency Response Systems (PERS) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Personal Emergency Response Systems (PERS) Market Report
1. What was the Personal Emergency Response Systems (PERS) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Personal Emergency Response Systems (PERS) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Personal Emergency Response Systems (PERS) Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Personal Emergency Response Systems (PERS) market.
- The market share of the global Personal Emergency Response Systems (PERS) market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Personal Emergency Response Systems (PERS) market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Personal Emergency Response Systems (PERS) market.
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