The Global Personal Emergency Response Systems Market to Show Positive Growth at a Tremendous CAGR of 9.60% During the Forecast Period (2022–2027) | DelveInsight

The personal emergency response systems (PERS) market is expanding due to factors such as an increase in the geriatric population, an increase in the prevalence of falls in older adults, a surge in the launch of PERS or medical alert system products, an increase in the prevalence of chronic diseases such as Alzheimer’s disease, and improvements in healthcare infrastructure facilities around the world.


New York, USA, Nov. 02, 2022 (GLOBE NEWSWIRE) -- The Global Personal Emergency Response Systems Market to Show Positive Growth at a Tremendous CAGR of 9.60% During the Forecast Period (2022–2027) | DelveInsight

The personal emergency response systems (PERS) market is expanding due to factors such as an increase in the geriatric population, an increase in the prevalence of falls in older adults, a surge in the launch of PERS or medical alert system products, an increase in the prevalence of chronic diseases such as Alzheimer’s disease, and improvements in healthcare infrastructure facilities around the world. 

DelveInsight’s Personal Emergency Response Systems Market Insights report provides the current and forecast market, forthcoming device innovation, individual leading companies’ market shares, challenges, personal emergency response systems market drivers, barriers, and trends, and key personal emergency response systems companies in the market.

Key Takeaways from the Personal Emergency Response Systems Market Report

  • As per DelveInsight estimates, North America is anticipated to dominate the global personal emergency response systems market during the forecast period.  
  • Notable personal emergency response system companies such as Cape Cod Healthcare Inc, Koninklijke Philips N.V, MedicAlert Foundation, Medical Guardian LLC, AlertOne Services LLC, ADT,  Life Alert, Connect America, VRI, Tunstall Group, MobileHelp, Rescue Alert, Best Buy, Bay Alarm Medical LLC, Aerotel Medical Systems Ltd Appello, GUARDIAN ALARM, LifeFone Medical Alert Services, LifeStation Inc,  LogicMark, LLC, and several others are currently operating in the personal emergency response systems market.
  • In January 2021, SOS Anywhere, a new technology company, launched a new PERS for senior citizens named SOS anywhere mobile medical alert system.
  • In February 2020, Best Buy Health launched its new Lively app and medical alert device, the Lively Wearable2, designed to help older adults live safely, actively, and independently.
  • In December 2019, Arvi, a health-tech firm, launched a smart medical alert system for senior citizens in India.

To read more about the latest highlights related to the personal emergency response systems market, get a snapshot of the key highlights entailed in the Global Personal Emergency Response Systems Market Report 

Personal Emergency Response Systems Overview

Personal Emergency Response Systems (PERS), also known as Medical Alert Systems, are devices that use a button to summon assistance in an emergency. A PERS consists of three parts: a small radio transmitter, a telephone-connected console, and an emergency response center that monitors calls.

A help button on medical alert devices can dial an emergency response center and connect users to live agents. Furthermore, a traditional medical alert system consists of a base unit and a portable help button that a user can wear around the house; however, modern medical alert systems include GPS-based mobile solutions and cellular options for users to use while on the go, as well as options that automatically send an alarm when a fall occurs.


Learn more about mobile personal emergency response system @Best Personal Emergency Response Systems

Personal Emergency Response Systems Market Insights

North America dominated the global personal emergency response systems (PERS) or medical alert systems market in 2021 and will continue to do so during the forecast period of 2022–2027. Factors such as the rising prevalence of falls among the elderly and the rising prevalence of chronic diseases such as Alzheimer’s disease are expected to drive up demand for personal emergency response systems in the North American market.

To know more about why North America is leading the market growth in the personal emergency response systems market, get a snapshot of the Personal Emergency Response Systems Market Trends 

Personal Emergency Response Systems Market Dynamics

The growing geriatric population is one of the primary drivers of the personal emergency response systems market growth. Furthermore, the increase in PERS or medical alert system products launched is a key factor driving the growth of the personal emergency response systems market.

However, a lack of awareness about the use of PERS and the difficulty in using home-based (landline) PERS because they are not portable may impede the growth of the global personal emergency response systems market growth.

Furthermore, the COVID-19 pandemic has had a minor impact on the personal emergency response systems market. The nationwide lockdown in almost every country, movement restrictions for non-essential goods, and a lack of labor at production sites slowed the manufacturing rate, resulting in a product shortage in the personal emergency response systems market. However, PERS technology would have been preferable for monitoring the health of COVID-19 patients, as the patient’s report is sent to the doctor/caretaker via a cloud computing network to analyze the problem, and it also reduces direct contact between the patient and caretaker during the pandemic era. As a result of the mass vaccination, the relaxation of lockdown restrictions, and the resumption of supply chains, logistics, and manufacturing units, the personal emergency response systems market has gained traction and is expected to continue in the coming years.

Get a sneak peek at the personal emergency response system devices market dynamics @Personal Emergency Response Systems Market Dynamics Analysis

Report Metrics Details
CoverageGlobal
Study Period2019–2027
Base Year2021
Market CAGR9.60%
Projected Personal Emergency Response Systems Market Size by 2027USD 11.42 Billion
Key Personal Emergency Response System CompaniesCape Cod Healthcare Inc, Koninklijke Philips N.V, MedicAlert Foundation, Medical Guardian LLC, AlertOne Services LLC, ADT,  Life Alert, Connect America, VRI, Tunstall Group, MobileHelp, Rescue Alert, Best Buy, Bay Alarm Medical LLC, Aerotel Medical Systems Ltd Appello, GUARDIAN ALARM, LifeFone Medical Alert Services, LifeStation Inc,  LogicMark, LLC, and others

Personal Emergency Response Systems Market Assessment

  • Personal Emergency Response Systems Market Segmentation
    • Market Segmentation By Product Type: Mobile Personal Emergency Response System and Landline Personal Emergency Response System
    • Market Segmentation By End User: Hospital, Home Care, and Assisted Living Facilities
    • Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
  • Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

Which MedTech key players in the personal emergency response systems market are set to emerge as the trendsetter explore @Personal Emergency Response System Companies 

Table of Contents 

1Report Introduction
2Executive summary
3Regulatory and Patent Analysis
4Key Factors Analysis
5Porter’s Five Forces Analysis
6COVID-19 Impact Analysis on Personal Emergency Response Systems Market
7Personal Emergency Response Systems Market Layout
8Global Company Share Analysis – Key 3-5 Companies
9Personal Emergency Response Systems Market Company and Product Profiles
10Project Approach
11About DelveInsight

Interested in knowing the personal emergency response systems market by 2027? Click to get a snapshot of the Personal Emergency Response Systems Manufacturers

Related Reports

Type 1 Diabetes Market

Type 1 Diabetes Market Insights, Epidemiology, and Market Forecast – 2032 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key type 1 diabetes companies including Histogen, Novo Nordisk, Prevention Bio, among others.

Diabetes Market

Diabetes Market Insights, Epidemiology, and Market Forecast – 2032 report delivers an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key diabetes companies, including TikoMed, Avotres, REMD Biotherapeutics, Novo Nordisk, among others.

Type 2 Diabetes Market

Type 2 Diabetes Market Insights, Epidemiology, and Market Forecast – 2032 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key type 2 diabetes companies, including Sanofi, Eli Lilly and Company, AstraZeneca, Novartis, among others.

Alzheimer’s Disease Market

Alzheimer’s Disease Market Insights, Epidemiology, and Market Forecast – 2032 report delivers an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key Alzheimer’s disease companies, including Eisai, Biogen, Changchun Huayang High-tech Co. Ltd., Hoffmann-La Roche, vTv Therapeutics, among others.

Alzheimer’s Disease Pipeline

Alzheimer’s Disease Pipeline Insight – 2022 report provides comprehensive insights about the pipeline landscape, pipeline drug profiles, including clinical and non-clinical stage products, and the key Alzheimer’s disease companies, including  Eisai, Biogen, Changchun Huayang High-tech Co. Ltd., Hoffmann-La Roche, vTv Therapeutics, among others.

Alzheimer’s Disease Epidemiology

Alzheimer’s Disease Epidemiology Forecast – 2032 report delivers an in-depth understanding of the disease, historical, and forecasted Alzheimer’s disease epidemiology in the 7MM.

Other Trending Reports

Goitre MarketThymus Cancer Market | US Healthcare Outlook Report | Venous Stenosis Market | Negative Pressure Wound Therapy Systems Market | Global Kinase Inhibitor in Autoimmune Diseases Market | Metrorrhagia Market | Dysfunctional Uterine Bleeding Market | Hypereosinophilic Syndrome Market | Age-related Vision Dysfunction Market | Dental Lasers Market | CRISPR Therapies Pipeline Insight | Cell And Gene Therapy For Multiple Myeloma Market | Drug Hypersensitivity Market | Dysthymia Market | Persistent Depressive Disorder Market | Cancer Vaccines Market | Severe Acute Respiratory Syndrome (SARS) Coronavirus Infection Market | Substance use disorder Market | Idiopathic Thrombocytopenic Purpura Market | Spinal Fusion Devices Market | Atherectomy Devices Market | Prosthetic Heart Valve Market | Cardiac Monitoring System Market | Chemotherapy-induced nausea and vomiting (CINV) Market | Diabetes Market | Ocular Melanoma Market | Breast Pumps Market | Stereotactic Surgery Devices Market  Atopic Dermatitis Market | Concussions Market | Osteoporosis Market | Myelofibrosis (MF) Market | Cancer Cachexia (CC) Market

About DelveInsight

DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance.  

 

Contact Data