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Medical Alert System/ Pers Market By Type (Landline PERS, Mobile PERS, Standalone PERS) By End Users (Home – Based Use, Nursing Home, Assisted Living Facilities, Hospices) - Global Size Analysis and Industry Forecast, 2017-2022
Medical Alert System/ Pers Market
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The major players in the Global Medical Alert System/ PERS Market include ADT Corporation (US), Koninklijke Philips N.V. (Netherlands), Tunstall Healthcare Group Ltd. (UK), Bay Alarm Medical (US) and Medical Guardian LLC (US). Rising R&D investments and various Organic growth strategies adopted by most of the top manufacturers in recent years has provided comprehensive market opportunities for the various stakeholder.
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Drivers:
• 24 hours monitoring the health
• Helps to be independent with build in the emergency alert system.
• Ease of use with advanced feature.
Restraints:
• Expensive monthly fees & signed contract
• Lower acceptance of technology by the senior citizen
Opportunity:
• Innovations in technologies for better healthcare services
• Increasing number of smart phone users.
Challenges
• Mobile Networks connectivity a big challenge for medical alerts.
By end users home based segment because of the growing popularity and availability of advance technology devices and growing prevalence of elderly age.
On the other hand, Mobile PERS by types for this market is expected to grow at the highest CAGR of XXX during the year 2018-2023. The Mobile PERS segment holds the substantial market share because of its high demand and rising awareness about personal health.
Key Benefits for Stakeholders
• Medical alert system Manufacturers, Distributors and Retailers
• Research and Consulting organization
• Technology Standards Organizations, Forums, Alliances and Associations
• End use industries
• Regulatory bodies, policy actors and consumers.
• Healthcare centers and senior citizens
By Type
• Landline PERS
• Mobile PERS
• Standalone PERS
By End Users
• Home – Based Use
• Nursing Home
• Assisted Living Facilities
• Hospices
By Region
• North America
• Europe
• Asia-Pacific
• RoW
Key Market Players
• ADT Corporation (US)
• Life Alert Emergency Response Inc. (US)
• Bay Alarm Medical (US)
• Philips Lifeline (Netherlands)
• Tunstall Healthcare Group Ltd. (UK)
• VRI, Inc. (US)
• Medical Guardian LLC (US)
• GreatCall (US)
• AlertOne Services LLC (US)
• Nortek Security and Control(US)
(A brief overview of another 13 companies is also provided)
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Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.
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