Press release
Personal Emergency Response Systems (PERS) Market Projected to Exhibit a High Single-Digit CAGR through 2024
Personal emergency response systems are devices used to alert emergency services in the event of a fall or any emergency situation for immediate medical assistance. Such devices have the potential to mitigate some adverse consequences of an emergency or any risk situations. The personal emergency response systems market was valued at US$ 3,191.5 Mn in 2015 and is expected to increase at a CAGR of over 8.0% during the forecast period.
Request Sample Report @ https://www.persistencemarketresearch.com/samples/6403
In this report, the global personal emergency response systems market has been segmented on the basis of product type, end use, and region. The report also provides information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast.
By region, North America is expected to dominate the global personal emergency response systems market throughout the forecast period, driven by increasing number of geriatric population, rising prevalence of chronic diseases, proliferation of smartphones, and adoption of personal emergency response systems as supportive tool for assisted living facilities. The U.S. is the largest market for personal emergency response systems in North America. The personal emergency response systems market in the U.S. is expected to increase at a CAGR of 9.2% over the forecast period.
By product type, the personal emergency response systems market has been segmented into landline devices, mobile devices, standalone devices, and mobile applications. The landline devices segment is expected to dominate the overall personal emergency response systems market by the end of 2024. The segment is projected to register an above average growth rate over the forecast period. Mobile devices segment is one of the most attractive segments and is anticipated to show significant growth in revenue over 2016–2024.
By end user, the global personal emergency response systems market has been segmented into home-based users, assisted living facilities, and hospitals. Among these, home-based users segment is expected to dominate the overall market by 2024, owing to wide acceptance of personal emergency response systems such as landline devices and mobile devices among the aging population who are staying at home. Factors such as ease of use and portability of these devices and rising number of falls among the aging population are expected to fuel growth of the overall personal emergency response systems market during forecast period.
Request to View TOC @ https://www.persistencemarketresearch.com/methodology/6403
Key market participants included in the report are Koninklijke Philips N.V, LifeWatch USA, Tunstall, ADT Security Services, Medical Guardian LLC, MobileHelp, Bay Alarm Company, and MariCare Oy.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Personal Emergency Response Systems (PERS) Market Projected to Exhibit a High Single-Digit CAGR through 2024 here
News-ID: 1072807 • Views: …
More Releases from Persistence Market Research
Automotive Electrical Products Market to Reach USD 542.3 Mn by 2033, Growing at …
The automotive electrical products market has emerged as a crucial component of the global automotive industry, driven by the rapid shift toward electrification, advanced safety features, and connected vehicle technologies. As the market expands, automotive manufacturers and suppliers are increasingly investing in advanced electrical systems to enhance efficiency, performance, and sustainability. The integration of features such as smart sensors, advanced driver-assistance systems (ADAS), and energy-efficient components highlights the growing importance…
Luxury Watches Market to Reach USD 61,190.1 Mn by 2032 Driven by Rising Income & …
Overview of the Market
The global luxury watches market is witnessing steady growth, driven by the convergence of rising disposable incomes, evolving consumer preferences, and the perception of luxury watches as both status symbols and investment assets. According to Persistence Market Research, the market is projected to grow from USD 45,007.0 million in 2025 to USD 61,190.1 million by 2032, representing a CAGR of 4.5% during the forecast period. Luxury watches…
Lithium Iron Phosphate Batteries Market to Reach US$24.9 Bn by 2032 Fueled by Ra …
➤ Overview of the Market
According to the latest study by Persistence Market Research, the global lithium iron phosphate (LiFePO4) batteries market is expected to expand from US$12.2 Bn in 2025 to US$24.9 Bn by 2032, registering a CAGR of 10.7% during the forecast period. The growing penetration of electric vehicles (EVs), coupled with increasing investments in renewable energy storage solutions, is the primary factor driving market acceleration across key regions.
The…
Automotive Active Health Monitoring Systems Market Valued at USD 571.8 Bn in 202 …
The global automotive active health monitoring systems market is emerging as a transformative force in the automotive industry. Valued at USD 571.8 billion in 2024, the market is expected to achieve USD 1,909.6 billion by 2031, reflecting a powerful compound annual growth rate (CAGR) of 18.8%. This expansion underscores the growing intersection of health, technology, and mobility, as automakers integrate biometric and wellness features to elevate driver and passenger safety.…
More Releases for Personal
Hearn Personal Injury & Accident Attorneys: Leading Personal Injury Lawyers in J …
In the unfortunate event of an accident, finding the right legal support can make a significant difference in securing justice and fair compensation. Hearn Personal Injury & Accident Attorneys, a prominent law firm in Jackson, MS, has been a trusted name for individuals seeking experienced representation for their injury claims. Specializing in a variety of personal injury cases, the firm is committed to helping clients navigate the complexities of personal…
What do personal injury lawyers do? - Introduction to Personal Injury Law
Personal injuries can turn your life upside down in an instant. Whether it's a slip and fall, a Car Accident Attorney Buffalo NY [https://stevefoleylaw.com/car-accidents/], or medical negligence, the aftermath can be overwhelming. Navigating through medical bills, insurance claims, and legal jargon adds to the stress. That's where personal injury lawyers come into play.These professionals specialize in helping individuals who have suffered harm due to someone else's negligence. They serve as…
Personal alarm - The best personal security product for women
Image: https://www.airuize.com/uploads/personal-alarm-keychain-2.jpg
Sometimes girls feel scared when they walk alone or if someone is following them. But having a personal alarm [https://www.airuize.com/self-defense-products-2/] around can give people a greater sense of security.
Personal alarms keychain [https://www.airuize.com/personal-alarm-application/] are also called personal safety alarms [https://www.airuize.com/of-2004-product.html]. They are mainly used by girls, but they are also suitable for students. When they encounter a sudden attack or want to seek help, this product will play a certain…
Top Rated Personal Injury Lawyers: Ehrlich & Naparstek Personal Injury Lawyers
Image: https://www.getnews.info/wp-content/uploads/2024/06/1719331854.png
personal injury lawyers
Discover top-rated legal representation with Ehrlich & Naparstek Personal Injury Lawyers. With offices serving Stuart, Boynton Beach, Fort Pierce, Port St. Lucie, and West Palm Beach, our dedicated team is committed to advocating for your rights and securing the compensation you deserve. Our experienced attorneys are here to provide expert guidance and personalized support every step of the way.
Discover top-rated legal representation with Ehrlich &…
Personal Shopping Advisors Market Dynamic Growth Factors, and Outlook until 2030 …
The Personal Shopping Advisors Market research report represents major insights on the current growth dynamics as well as the primary revenue generation elements that are available in the Personal Shopping Advisors industry along with various other factors over the predicted period 2023-2030. The report on the Personal Shopping Advisors market is focusing on a series of parameters including top manufacturing strategies, industry share, prime opportunities, industrial channels, profit margin, etc.…
Personal Services Market
Personal Services Market Global Briefing 2017
Personal Services market global briefing provides strategists, marketers and senior management with the critical information they need to assess the global personal services sector.
Reasons to Purchase:
• Outperform competitors using accurate up to date demand-side dynamics information.
Identify growth segments for investment.
• Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.
• Develop strategies based on likely future developments.
• Suitable for…
