A research report on “Personal Emergency Response Systems Market 2019 Industry Research Report” is being published by Market Growth Analysis. This is a key document as far as the clients and industries are concerned to not only understand the competitive market status that exists currently but also what future holds for it in the upcoming period, i.e., between 2018 and 2025. The report has categorized in terms of region, type, key industries, and application.
Global Personal Emergency Response Systems Market revenue was xx.xx Million USD in 2013, grew to xx.xx Million USD in 2017, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2018-2025.
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Major Geographical Regions
The study report on Global Personal Emergency Response Systems Market 2018 would cover every big geographical, as well as, sub-regions throughout the world. The report has focused on market size, value, product sales and opportunities for growth in these regions. The market study has analyzed the competitive trend apart from offering valuable insights to clients and industries. These data will undoubtedly help them to plan their strategy so that they could not only expand but also penetrate into a market.
The researchers have analyzed the competitive advantages of those involved in the industries or in the Personal Emergency Response Systems Market. While historical years were taken as 2013 – 2017, the base year for the study was 2017. Similarly, the report has given its projection for the year 2018 apart from the outlook for years 2018 – 2025.
Like any other research material, the report has covered key geographical regions such as Europe, Japan, United States, India, Southeast Asia and Europe. Researchers have given their opinion or insights of value, product sales, and industry share besides availability opportunities to expand in those regions. As far as the sub-regions, North America, Canada, Medico, Australia, Asia-Pacific, India, South Korea, China, Singapore, Indonesia, Japan, Rest of Asia-Pacific, Germany, United Kingdom, France, Spain, Italy, Rest of Europe, Russia, Central & South America, Middle East & Africa are included.
Scope of the Report
Personal Emergency Response Systems Market, by Type
• Landline PERS
• Mobile PERS
o Wireless Emergency Response System
o Cellular Emergency Response System
o GPS-based Emergency Response System
• Standalone PERS
o Transmitters
o Standalone Voice Communicator
o Wandering System
o R-cube/V-cube Monitoring System
Personal Emergency Response Systems Market, by End User
• Home-based Users
• Senior Living Facilities
• Assisted Living Facilities
Personal Emergency Response Systems Market, by Geography
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific (APAC)
o China
o Japan
o Australia
o India
o Rest of APAC
• Rest of the World (RoW)
o Middle East & Africa
o South America
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Company Profiles
Koninklijke Philips N.V
LifeWatch USA, Tunstall
ADT Security Services
Medical Guardian LLC
MobileHelp and Bay Alarm Company.
Others
The objective of the researchers is to find out sales, value, and status of the Personal Emergency Response Systems Market at the international levels. While the status covers the years of 2013 – 17, the forecast is for the period 2018 – 2025 that will enable market players to not only plan but also execute strategies based on the market needs.
The study wanted to focus on key manufacturers, competitive landscape, and SWOT analysis for Personal Emergency Response Systems Market. Apart from looking into the geographical regions, the report concentrated on key trends and segments that are either driving or preventing the growth of the industry. Researchers have also focused on individual growth trend besides their contribution to the overall market.
Report Objectives:
• Analysis of the global Personal Emergency Response Systems Market size by value and volume.
To accurately calculate the market segments, consumption, and other dynamic factors of the various sections of the Global Personal Emergency Response Systems Market.
Determination of the key dynamics of the global Personal Emergency Response Systems Market.
To highlight key trends in the global Personal Emergency Response Systems Market in terms of manufacturing, revenue and sales.
To summarize the top players of Global Personal Emergency Response Systems Market and show how they compete in the industry.
Study of industry processes and costs, product pricing and various trends associated with them.
• To showcase the performance of different regions and countries in the Global Personal Emergency Response Systems Market.
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Based upon type, global personal emergency response systems market is classified into standalone PERS, landline PERS, mobile PERS and others.
Based upon end-user, the market is divided into home-based users, assisted living facilities, nursing homes and hospitals.
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In the event of an injury, disaster, burglary, or other emergency, the button on the device is pressed and the response center dispatch is alerted to send help immediately.
It is very beneficial for seniors who have a history of falling or have been identified as having a high fall risk, older individuals who live alone and people who have mobility issues.
Depending on the system and its monitoring options, user can obtain assistance even while on the go which provides a greater level of independence and assurance during vacations, while running errands, or otherwise outside the primary residence.The regions covered in this Personal Emergency Response Systems (PERS) Market report are North America, Europe, Asia-Pacific and Rest of the World.
Market InsightGlobal Personal Emergency Response Systems Market is gaining prominence from the growing semiconductor industry.
Market Research Future suggested that the global personal emergency response systems market is touted to expand at 7.3% CAGR and would achieve a valuation of USD 5,032.5 Million from of USD 1327.7 Million in 2018, during the forecast period (2018-2024).
Increasing geriatric population is the significant factor that is driving the market to a greater extent.OverviewPersonal emergency response systems refer to the devices that let the elderly or disabled individuals get assistance in case of emergencies.
These devices are designed for wearing on wristbands or neck pendants that alerts at the time of emergency when required.Get More Details of Report @ https://www.abnewswire.com/pressreleases/personal-emergency-response-systems-pers-market-size-2019-global-trends-industry-growth-key-players-analysis-development-status-competitive-landscape-and-regional-forecast-2024_441347.htmlMarket Drivers & TrendsThe market is gaining traction owing to the implementation of policies to increase the quality of home healthcare in support of independent living, development, and innovative healthcare services.
It is the trend of living of individuals independently has also encouraged the mass adoption of this product, thus thriving the growth at a rapid pace.At the same time, the proliferation of IoT and similar connected technologies have also emerged as a significant factor behind the market’s growth over the years.
On the other hand, rising ownership of smartphones and wearable devices, especially for health monitoring, have also contributed extensively to the market’s growth.
Personal Emergency Response Systems allow to quickly call for assistance in case of an accident or medical emergency without turning on the cell phone.
A personal emergency response system has three parts: an integrated radio transmitter, an answering console attached to the phone, and a central call center that monitor all calls made.
The process is accurate, and personal emergency response systems can even direct dispatchers to the location when a personal emergency comes up.Some personal emergency response systems have an integrated three-way voice feature.
When anyone presses the button on their emergency response systems, it registers their call, identifies their location, and transfers the call to a central location for transfer to a live operator.
These devices are called "location detection" or "spot-and-recall" devices and work very well in personal emergencies where a person must exit their vehicle and may need to be found within minutes.The rapidly increasing geriatric population is the main factor that is driving the growth of the global personal emergency response systems market over the forecast period.
Some tracking devices can also serve as personal emergency response systems by alerting services to any medical problems or any other problems that may be encountered.
