The study reveals that personal emergency response systems is trending in North America region. The increasing demand of chips integrated with the belt, wristwatch, necklace and others are widely used among people. The wireless technologies are used with home phone systems which send the signal to the phone. These personal emergency response systems are available with fall detection, help button, fast response, GPS locators and others which enhanced its solution.
In North America region, the personal emergency response systems demand are growing as the prominent companies such as Alertone Standalone PERS, LLC (U.S.), ADT Corporation (US), Valued Relationships, Inc. (US), Nortek Security & Control LLC. (US), LifeStation, Inc. (US), are providing personal emergency response systems solution. The new technology which helps the personal emergency response systems to enhance business and improve a number of crucial services which is provided at the time of emergency. The personal emergency response systems allow the doctors to make smarter decision.
The global Personal Emergency Response Systems Market is growing rapidly over ~6% of CAGR and is expected to reach at USD ~ 9 Billion by the end of forecast period.
The prominent players in the global personal emergency response systems market are – Alertone Standalone PERS, LLC (US), Koninklijke Philips N.V. (Netherlands), ADT Corporation (US), Valued Relationships, Inc. (US), Nortek Security & Control LLC. (US), LifeStation, Inc. (US), Bay Alarm Medical (US), Medical Guardian LLC (US), Tunstall Healthcare Group Ltd. (UK), GreatCall (US), Guardian Alarm (US), MobileHelp (U.S) among others.
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Market Research Analysis:
On geographic basis, global personal emergency response systems market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the personal emergency response systems market. The personal emergency response systems are gaining huge demand due to the number of technology helps the senior citizen to inform at the critical time and at a very low cost. In this market, Europe is to be estimated to be the second largest market share for personal emergency response systems during the forecast period. Asia Pacific is expected to forecast the highest CAGR in the coming years.
The global personal emergency response systems market has been segmented on the basis of type, component, applications and region.
Global Personal emergency response systems Market By Type:
- Mobile PERS
- Landline PERS
- Standalone PERS
Global Personal emergency response systems Market By Component:
Global Personal emergency response systems Market Applications:
- Senior Living Facilities
- Home User
- Assisted Living Facilities
Global Personal emergency response systems Market By Regions:
- North America
- Rest Of The World
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Component standards organizations
- Component investors
- System Integrators
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