The Personal Emergency Response Systems (PERS) Market estimated at US$7.2 Billion in the year 2020, is projected to reach a revised size of US$11.4 Billion by 2027, growing at a CAGR of 6% over the analysis period 2021-2027.
A personal emergency response system is an electronic device that allows individuals to request safe assistance in an emergency. A system that is programmed to link with another device, such as a cell phone or alarm, to signal a response center when a ‘help’ or ‘push’ button is activated. This help button is a radio frequency trigger device that is worn primarily on the wrist or neck. The person receiving PERS may also interact with the individual to decide what action to take. A growing trend has been observed in the use of technology to make it easier for people to access health care without the undue effort of staying in a hospital. The personal emergency response system market is therefore projected to become one of the most profitable components of the home healthcare market.
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Market Segments
By Type
- Landline-based PERS
- Mobile PERS
- Standalone Devices
By Application
- Telemedicine
- Family Guardianship
- Other
Key Players
- 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)
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
A full report of Global Personal Emergency Response Systems (PERS) Market is available at: https://www.orionmarketreports.com/personal-emergency-response-systems-pers-2-market/66820/
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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