The growing demand for personal emergency communication
devices will lead to development of more innovative personal care and home
monitoring devices. Furthermore, the advancements in technologies will allow
the entry of affordable and efficient personal emergency care devices in the
market in the coming years. PERS are medical devices that are used by
individuals to call for emergency medical help. These innovative devices
contact the emergency care services or the user’s family members through a
panic button in the form of a pendant or a wristband.
According to IndustryARC analysis, the Global Personal
Emergency Responses Systems Market will grow at a CAGR of 5.8% and reach $8.4 Billion
by 2020.
MARKET TRENDS AND MARKET GROWTH:
Regional Brief of the Market:
For the duration of the
existence of Personal Emergency Response Systems (PERS) devices
in the market, the kind of adaptation among developed regions like Europe and
North America is brilliant. The few decades of this existence has been
successful in terms of making good revenue for the overall market. North
America and Europe regions are active owing to the increased investments into
R&D enabling entry of new and innovative PERS solutions into the market.
APAC followed by Europe and North America generated the
majority revenue share through the landline based PERS market.
Market
Segment Analysis:
Home-based mobile systems segment which is operated
through landline telephone is the largest revenue-yielding segment in the PERS
market. The highest revenue in the landline-based PERS market was generated in
APAC region followed by North America and Europe. Since early 2000s, mobile
PERS have been available in the market and are slowly gaining a significant
share in the overall PERS revenue. Similarly, standalone PERS devices were
under R&D for the last 10 years and have been very recently introduced into
the market but are accounted to be doing quite well says market research
analysts, IndustryARC.
Table of contents and insights:
http://industryarc.com/Report/1316/Personal-Emergency-Response-Systems-market
Table of contents and insights:
http://industryarc.com/Report/1316/Personal-Emergency-Response-Systems-market
REPORT SCOPE: Market Segmentation:
Personal Emergency Response Systems Market is broadly
segmented into 3 types based on certain factors given further below. These
types are yet sub divided into deeper roots of the market.
- By Type: Standalone PERS, Landline-Based PERS and Mobile PERS.
- By End Users: Home-Based Users, Senior Living Facilities and Assisted Living Facilities.
- By Geography: North America, Europe, APAC and ROW.
Key
Market Players:
Some among the many companies studied and analyzed by the
experts of Market research, IndustryARC are:
- Alertone Services LLC
- Life Alert Emergency Response, Inc.
- Logicmark, LLC
- Non-Profit PERS Providers
- Mytrex Inc. DBA Rescue Alert
- Lifefone Personal Response Services
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Us:
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