The global market for Personal Emergency Response Systems (PERS) estimated at USD 8.2 Billion in the year 2021, is expected to reach a revised size of USD 13.08 Billion by 2028, growing at a CAGR of 6.9% over the forecast period 2022-2028.

Personal Emergency Response Systems (PERS) which are also commonly known as Medical Emergency Response Systems are devices that enable people to call for help in an emergency by simply pushing a button. These devices are certainly designed for recipients who are at high risk of institutionalization and need help in an emergency. PERS services are for people of age 14 and older, who live alone or are alone for significant parts of the day and who would require extensive routine supervision.Personal Emergency Response Systems (PERS) is a convenient, simple, and efficient way to call for help in an emergency. One can seek help just by activating the device with the push of a button, PERS provides a level of comfort for seniors and also for family living at a distance. The PERS simply works by alerting all appropriate emergency channels after its activation. The response is quick and hence there's no delay in help. As a result, these simple and convenient devices proved to be very useful and occasionally a true life-saver.

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Market Overview Coverage:

The latest research on the Personal Emergency Response Systems (PERS) market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Personal Emergency Response Systems (PERS) industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Personal Emergency Response Systems (PERS) market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading companies reviewed in the Personal Emergency Response Systems (PERS) Market report are:

Koninklijke Philips N.V. (Netherlands),Honeywell International Inc (US),Life Alert Emergency Response Inc. (US),AlertONE Service Inc. (US),MedicAlert Foundation (US),ADT Security Services Inc. (US),Bay Alarm Medical (US),Shenzhen Giftshine Technology Co. Ltd. (China),Nortek Security Control LLC (US),Galaxy Medical Alert Systems Ltd. (Canada),Medical Guardian LLP (US),Rope Innovation Co. Ltd. (China),Electronic Caregiver Inc. (US),Ningbo Hi-Tech Park Jabo Electronics Co. Ltd (China),Vanguard Wireless (Australia),Tynetec Ltd. (UK) and Other Major Players

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The Report Will Include A Major Chapter

·         Patent Analysis

·         Regulatory Framework

·         Technology Roadmap

·         BCG Matrix

·         Heat Map Analysis

·         Price Trend Analysis

·         Investment Analysis

·         Company Profiling and Competitive Positioning

·         Industry Value Chain Analysis

·         Market Dynamics and Factors

·         Porter’s Five Forces Analysis

·         Pestle Analysis

·         SWOT Analysis

Segmentation of Personal Emergency Response Systems (PERS) market:

In market segmentation by Type, Personal Emergency Response Systems (PERS) Market report covers:

Standalone PERS,Landline PERS,Mobile PERS

In market segmentation by End User, Personal Emergency Response Systems (PERS) Market report covers:

Home-Based Users,Assisted Living Facilities,Nursing Homes,Senior Living Facilities,Hospice Care

Additionally, we are offering company profiles for all of the major key companies. Please take the time to visit our company profiles. If you want to do any customized profiling for the companies do let us know. 

Report Coverage:

Report Highlights:

·         A complete analysis of the market, including the parent industry

·         Important market dynamics and trends

·         Market segmentation

·         Historical, current, and projected size of the market based on value and volume

·         Market shares and strategies of key players

·         Recommendations to companies for strengthening their foothold in the market

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