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Market Research Report
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1105730

Global Personal Emergency Response Systems (PERS) Market Size study, By Type (Mobile PERS, Standalone PERS, Landline PERS), By End-use (Senior Living Facilities, Home-based Users, Assisted Living Facilities, Others), and Regional Forecasts 2022-2028

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Personal Emergency Response Systems (PERS) Market Size study, By Type (Mobile PERS, Standalone PERS, Landline PERS), By End-use (Senior Living Facilities, Home-based Users, Assisted Living Facilities, Others), and Regional Forecasts 2022-2028
Published: July 12, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global Personal Emergency Response Systems (PERS) Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Personal Emergency Response Systems (PERS) can be defined as a medical alert system. PERS System enables an individual to connect with an emergency response center in case of any medical emergency by pushing a button. Generally, PERS system comprised of three components: a small radio transmitter, a console connected with telephone/smartphone, and an emergency response center that monitors calls. The rising number of geriatric individuals and increasing penetration of smartphones as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to World Health Organization (WHO) estimates - during 2020, the worldwide share of population aged 60 years and above was estimated at 1 billion, and the number is projected to grow to 1.4 billion by 2030 and further 2.1 billion by end of 2050. Furthermore, leading market players are coming up with innovative products to capitalize the growing demand for Personal Emergency Response Systems. For instance, in October 2020, Florida, US based leader in mobile Personal Emergency Response Systems (mPERS) and healthcare technology, MobileHelp launched its newest product named the Micro. This new all-in-one mobile medical alert device offers several advantages including wearable comfort, compact size and weight. It comes with company's patented automatic fall detection and advanced location tracking feature in case of any emergency. Also, rising technological advancements in healthcare sector and growing per capita healthcare spending across the globe are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high deployment cost associated with PERS System coupled with periodic upgradation and maintenance requirement impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Personal Emergency Response Systems (PERS) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of geriatric individuals and presence of a robust healthcare infrastructure in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of healthcare sector and rising per capita healthcare spending in the region, would create lucrative growth prospects for the global Personal Emergency Response Systems (PERS) Market across the Asia Pacific region.

Major market players included in this report are:

Koninklijke Philips N.V.

ADT

Life Alert Emergency Response

Connect America

Valued Relationships

Tunstall Healthcare Group

Medical Alarm Company

Electronic Caregiver

GreatCall

AlertOne Services LLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

Mobile PERS

Standalone PERS

Landline PERS

By End-use

Senior Living Facilities

Home-based Users

Assisted Living Facilities

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Personal Emergency Response Systems (PERS) Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
    • 1.2.1. Global Personal Emergency Response Systems (PERS) Market, by Region, 2020-2028 (USD Million)
    • 1.2.2. Global Personal Emergency Response Systems (PERS) Market, by Type, 2020-2028 (USD Million)
    • 1.2.3. Global Personal Emergency Response Systems (PERS) Market, by End Use, 2020-2028 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Personal Emergency Response Systems (PERS) Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Personal Emergency Response Systems (PERS) Market Dynamics

  • 3.1. Personal Emergency Response Systems (PERS) Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Rising number of geriatric individuals.
      • 3.1.1.2. Increasing penetration of smartphones.
      • 3.1.1.3. Recent strategic initiatives from leading market players.
    • 3.1.2. Market Challenges
      • 3.1.2.1. High deployment cost associated with PERS System.
      • 3.1.2.2. Periodic upgradation and maintenance requirement.
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Growing technological advancements in healthcare sector.
      • 3.1.3.2. Rising per capita healthcare spending across the globe.

Chapter 4. Global Personal Emergency Response Systems (PERS) Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Personal Emergency Response Systems (PERS) Market, by Type

  • 6.1. Market Snapshot
  • 6.2. Global Personal Emergency Response Systems (PERS) Market by Type, Performance - Potential Analysis
  • 6.3. Global Personal Emergency Response Systems (PERS) Market Estimates & Forecasts by Type 2018-2028 (USD Million)
  • 6.4. Personal Emergency Response Systems (PERS) Market, Sub Segment Analysis
    • 6.4.1. Mobile PERS
    • 6.4.2. Standalone PERS
    • 6.4.3. Landline PERS

Chapter 7. Global Personal Emergency Response Systems (PERS) Market, by End Use

  • 7.1. Market Snapshot
  • 7.2. Global Personal Emergency Response Systems (PERS) Market by End Use, Performance - Potential Analysis
  • 7.3. Global Personal Emergency Response Systems (PERS) Market Estimates & Forecasts by End Use 2018-2028 (USD Million)
  • 7.4. Personal Emergency Response Systems (PERS) Market, Sub Segment Analysis
    • 7.4.1. Senior Living Facilities
    • 7.4.2. Home-based Users
    • 7.4.3. Assisted Living Facilities
    • 7.4.4. Others

Chapter 8. Global Personal Emergency Response Systems (PERS) Market, Regional Analysis

  • 8.1. Personal Emergency Response Systems (PERS) Market, Regional Market Snapshot
  • 8.2. North America Personal Emergency Response Systems (PERS) Market
    • 8.2.1. U.S. Personal Emergency Response Systems (PERS) Market
      • 8.2.1.1. Type estimates & forecasts, 2018-2028
      • 8.2.1.2. End Use estimates & forecasts, 2018-2028
    • 8.2.2. Canada Personal Emergency Response Systems (PERS) Market
  • 8.3. Europe Personal Emergency Response Systems (PERS) Market Snapshot
    • 8.3.1. U.K. Personal Emergency Response Systems (PERS) Market
    • 8.3.2. Germany Personal Emergency Response Systems (PERS) Market
    • 8.3.3. France Personal Emergency Response Systems (PERS) Market
    • 8.3.4. Spain Personal Emergency Response Systems (PERS) Market
    • 8.3.5. Italy Personal Emergency Response Systems (PERS) Market
    • 8.3.6. Rest of Europe Personal Emergency Response Systems (PERS) Market
  • 8.4. Asia-Pacific Personal Emergency Response Systems (PERS) Market Snapshot
    • 8.4.1. China Personal Emergency Response Systems (PERS) Market
    • 8.4.2. India Personal Emergency Response Systems (PERS) Market
    • 8.4.3. Japan Personal Emergency Response Systems (PERS) Market
    • 8.4.4. Australia Personal Emergency Response Systems (PERS) Market
    • 8.4.5. South Korea Personal Emergency Response Systems (PERS) Market
    • 8.4.6. Rest of Asia Pacific Personal Emergency Response Systems (PERS) Market
  • 8.5. Latin America Personal Emergency Response Systems (PERS) Market Snapshot
    • 8.5.1. Brazil Personal Emergency Response Systems (PERS) Market
    • 8.5.2. Mexico Personal Emergency Response Systems (PERS) Market
  • 8.6. Rest of The World Personal Emergency Response Systems (PERS) Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Koninklijke Philips N.V.
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. ADT
    • 9.2.3. Life Alert Emergency Response
    • 9.2.4. Connect America
    • 9.2.5. Valued Relationships
    • 9.2.6. Tunstall Healthcare Group
    • 9.2.7. Medical Alarm Company
    • 9.2.8. Electronic Caregiver
    • 9.2.9. GreatCall
    • 9.2.10. AlertOne Services LLC

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Personal Emergency Response Systems (PERS) Market, report scope
  • TABLE 2. Global Personal Emergency Response Systems (PERS) Market estimates & forecasts by Region 2018-2028 (USD Million)
  • TABLE 3. Global Personal Emergency Response Systems (PERS) Market estimates & forecasts by Type 2018-2028 (USD Million)
  • TABLE 4. Global Personal Emergency Response Systems (PERS) Market estimates & forecasts by End Use 2018-2028 (USD Million)
  • TABLE 5. Global Personal Emergency Response Systems (PERS) Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 6. Global Personal Emergency Response Systems (PERS) Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 7. Global Personal Emergency Response Systems (PERS) Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 8. Global Personal Emergency Response Systems (PERS) Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 9. Global Personal Emergency Response Systems (PERS) Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 10. Global Personal Emergency Response Systems (PERS) Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 11. Global Personal Emergency Response Systems (PERS) Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 12. Global Personal Emergency Response Systems (PERS) Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 13. Global Personal Emergency Response Systems (PERS) Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 14. Global Personal Emergency Response Systems (PERS) Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 15. U.S. Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 16. U.S. Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 17. U.S. Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 18. Canada Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 19. Canada Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 20. Canada Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 21. UK Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 22. UK Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 23. UK Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 24. Germany Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 25. Germany Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 26. Germany Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 27. RoE Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 28. RoE Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 29. RoE Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 30. China Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 31. China Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 32. China Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 33. India Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 34. India Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 35. India Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 36. Japan Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 37. Japan Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 38. Japan Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 39. RoAPAC Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 40. RoAPAC Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 41. RoAPAC Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 42. Brazil Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 43. Brazil Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 44. Brazil Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 45. Mexico Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 46. Mexico Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 47. Mexico Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 48. RoLA Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 49. RoLA Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 50. RoLA Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 51. Row Personal Emergency Response Systems (PERS) Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 52. Row Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 53. Row Personal Emergency Response Systems (PERS) Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 54. List of secondary sources, used in the study of global Personal Emergency Response Systems (PERS) Market
  • TABLE 55. List of primary sources, used in the study of global Personal Emergency Response Systems (PERS) Market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Personal Emergency Response Systems (PERS) Market, research methodology
  • FIG 2. Global Personal Emergency Response Systems (PERS) Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Personal Emergency Response Systems (PERS) Market, key trends 2021
  • FIG 5. Global Personal Emergency Response Systems (PERS) Market, growth prospects 2022-2028
  • FIG 6. Global Personal Emergency Response Systems (PERS) Market, porters 5 force model
  • FIG 7. Global Personal Emergency Response Systems (PERS) Market, pest analysis
  • FIG 8. Global Personal Emergency Response Systems (PERS) Market, value chain analysis
  • FIG 9. Global Personal Emergency Response Systems (PERS) Market by segment, 2018 & 2028 (USD Million)
  • FIG 10. Global Personal Emergency Response Systems (PERS) Market by segment, 2018 & 2028 (USD Million)
  • FIG 11. Global Personal Emergency Response Systems (PERS) Market by segment, 2018 & 2028 (USD Million)
  • FIG 12. Global Personal Emergency Response Systems (PERS) Market by segment, 2018 & 2028 (USD Million)
  • FIG 13. Global Personal Emergency Response Systems (PERS) Market by segment, 2018 & 2028 (USD Million)
  • FIG 14. Global Personal Emergency Response Systems (PERS) Market, regional snapshot 2018 & 2028
  • FIG 15. North America Personal Emergency Response Systems (PERS) Market 2018 & 2028 (USD Million)
  • FIG 16. Europe Personal Emergency Response Systems (PERS) Market 2018 & 2028 (USD Million)
  • FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
  • FIG 18. Latin America Personal Emergency Response Systems (PERS) Market 2018 & 2028 (USD Million)
  • FIG 19. Global Personal Emergency Response Systems (PERS) Market, company Market share analysis (2021)