Personal Emergency Response Systems Market : Latest Trends, Demand and Analysis 2026 With Top Key Vendors - Koninklijke Philips N.V ,LifeWatch USA, Tunstall ,ADT Security Services ,Medical Guardian LLC ,MobileHelp and Bay Alarm Company.

Increasing aging population as well as increasing prevalence of central nervous system (CNS) disorders are leading to various risks and emergency situations. Some of the main causes of risk situations among the elderly population are rising incidence of Alzheimer’s and strokes. According to an estimate by the World Health Organization, 12.5% of people aged 65 years and older and 45% of people aged 85 years and older suffer from Alzheimer’s disease. Also, nearly twice as many women as men suffer from the disease. Personal emergency response system (PERS) products such as landline devices, mobile devices, standalone devices and mobile applications are used to alert emergency services in the event of any emergency. Such devices have the potential to mitigate some adverse consequences. These systems can be used at home or in assisted living facilities and hospitals to save the aging and physically challenged individuals from life-threatening situations.

The global personal emergency response systems market is estimated to be valued at US$ 3,421.3 Mn in 2016, and is projected to witness stable growth across all regions over the forecast period. Factors such as introduction of high-end products by key players and increasing awareness among people about personal emergency response systems are expected to fuel demand for these devices.

Growth of the personal emergency response systems market is expected to be driven primarily by rising geriatric population opting for enhanced medical alert services. According to the United Nations Department of Economic and Social Affairs, the world’s aging population was 900.9 Mn in 2015 and is expected to reach 1.4 Bn by 2030. Also, availability of insurance program to low-income individuals in developed countries is another factor expected to boost overall growth of the personal emergency response system market in the near future. The personal emergency response systems market is also expected to be driven by increased penetration of smartphone-based mobile applications among senior citizens and technological advancements in personal emergency response systems such as two-way voice communication and medication reminder.

For more information ask for sample report @ https://www.persistencemarketresearch.com/samples/6403

Key players in the personal emergency response systems market are focused on integrating advanced technologies such as LAN technology and cellular technology in a single device in order to gain competitive advantage in the market. Devices with both LAN and cellular technologies offer an advantage as users can shift to any one depending on the available source.

The market in North America is expected to expand at the highest CAGR in terms of value over the forecast period. Increasing prevalence of chronic diseases and rising healthcare spending are factors expected to further drive demand for personal emergency response systems. The number of companies that provide personal emergency response systems in North America is relatively high when compared to other regions. The presence of global players as well as local players has led to intense competition in the personal emergency response systems market in North America. To increase sales, companies are offering discounts and manufacturing cost-effective products.

Europe is the second-most lucrative personal emergency response systems market. Overall aging population is high in the region when compared to other regions and the region accounts for 11.2% population of those suffering from neurological disorders in the world. The market in Europe is expected to expand at a stable CAGR over the forecast period. Major companies based in Europe are looking to expand their base outside Europe to better cater to growing global demand for personal emergency response systems.

The Asia Pacific market is expected to expand at the highest CAGR, followed by Latin America and Middle East & Africa, over the forecast period. The personal emergency response systems market in Middle East & Africa accounts for a nominal share of the overall global market, but is expected to evolve over time with increasing technological advancements and rising awareness through promotional campaigns.

For more information ask for sample report methodology @ https://www.persistencemarketresearch.com/methodology/6403

Personal Emergency Response Systems Market : TOC

1. Personal Emergency Response Systems Market - Executive Summary

2. Research Methodology

3. Assumptions and Acronyms Used

4. Personal Emergency Response Systems Market Overview
4.1. Introduction
4.1.1. Personal Emergency Response Systems Market Taxonomy
4.1.2. Personal Emergency Response Systems Market Definition
4.2. Global Personal Emergency Response Systems Market Size and Forecast
4.2.1. Global Personal Emergency Response Systems Market Y-o-Y Growth
4.2.2. Global Personal Emergency Response Systems Market Absolute $ Opportunity
4.3. Global Personal Emergency Response Systems Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Market Trends

5. Global Personal Emergency Response Systems Market Analysis and Forecast By Product
5.1. Introduction
5.2. Global Personal Emergency Response Systems Market Size and Forecast, By Product
5.2.1. BPS Analysis, By Product
5.2.2. Y-o-Y growth comparison, By Product
5.3. Landline Devices
5.3.1. Absolute $ opportunity
5.3.2. Market Value Forecast
5.4. Mobile Devices
5.4.1. Absolute $ opportunity
5.4.2. Market Value Forecast
5.5. Standalone Devices
5.5.1. Absolute $ opportunity
5.5.2. Market Value Forecast
5.6. Mobile Applications
5.6.1. Absolute $ opportunity
5.6.2. Market Value Forecast
5.7. Global Personal Emergency Response Systems Market Attractiveness Analysis, by Products

6. Global Personal Emergency Response Systems Market Analysis and Forecast, by End User
6.1. Introduction
6.2. Global Personal Emergency Response Systems Market Size and Forecast By End User
6.2.1. BPS Analysis, By End User
6.2.2. Y-o-Y growth comparison, By End User
6.3. Home-based User
6.3.1. Absolute $ opportunity
6.3.2. Market Value Forecast
6.4. Assisted Living Facilities
6.4.1. Absolute $ opportunity
6.4.2. Market Value Forecast
6.5. Hospitals
6.5.1. Absolute $ opportunity
6.5.2. Market Value Forecast
6.6. Global Personal Emergency Response Systems Market Attractiveness Analysis By End User

7. Global Personal Emergency Response Systems Market Analysis and Forecast, by Region
7.1. Introduction
7.2. Global Personal Emergency Response Systems Market Size and Forecast By Region
7.2.1. BPS Analysis, By Region
7.2.2. Y-o-Y growth comparison, Region

8. North America Market Forecast
8.1. Introduction
8.2. Market Value Forecast, by Country
8.2.1. U.S. Absolute $ Opportunity
8.2.2. Canada Absolute $ Opportunity
8.3. Market Value Forecast, by Product
8.3.1. Landline Devices
8.3.2. Mobile Devices
8.3.3. Standalone Devices
8.3.4. Mobile Applications
8.4. Market Value Forecast, by End User
8.4.1. Home-based User
8.4.2. Assisted Living Facilities
8.4.3. Hospitals
8.5. Market Attractiveness analysis
8.5.1. By Country
8.5.2. By Product
8.5.3. By End User
8.6. Regional Trends
8.7. Drivers & Restraints: impact Analysis

9. Latin America Market Forecast
9.1. Introduction
9.2. Market Value Forecast, by Country
9.2.1. Brazil Absolute $ Opportunity
9.2.2. Mexico Absolute $ Opportunity
9.2.3. Rest of Latin America Absolute $ Opportunity
9.3. Market Value Forecast, by Product
9.3.1. Landline Devices
9.3.2. Mobile Devices
9.3.3. Standalone Devices
9.3.4. Mobile Applications
9.4. Market Value Forecast, by End User
9.4.1. Home-based User
9.4.2. Assisted Living Facilities
9.4.3. Hospitals
9.5. Market Attractiveness analysis
9.5.1. By Country
9.5.2. By Product
9.5.3. By End User
9.6. Regional Trends
9.7. Drivers & Restraints: impact Analysis

10. Europe Market Forecast
10.1. Introduction
10.2. Market Value Forecast, by Country
10.2.1. Germany Absolute $ Opportunity
10.2.2. France Absolute $ Opportunity
10.2.3. U.K. Absolute $ Opportunity
10.2.4. France Absolute $ Opportunity
10.2.5. Spain Absolute $ Opportunity
10.2.6. Italy Absolute $ Opportunity
10.2.7. Rest of Europe Absolute $ Opportunity
10.3. Market Value Forecast, by Product
10.3.1. Landline Devices
10.3.2. Mobile Devices
10.3.3. Standalone Devices
10.3.4. Mobile Applications
10.4. Market Value Forecast, by End User
10.4.1. Home-based User
10.4.2. Assisted Living Facilities
10.4.3. Hospitals
10.5. Market Attractiveness analysis
10.5.1. By Country
10.5.2. By Product
10.5.3. By End User
10.6. Regional Trends
10.7. Drivers & Restraints: impact Analysis

Get Full Report @ https://www.persistencemarketresearch.com/checkout/6403

Contact us :

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: www.persistencemarketresearch.com

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.

This release was published on openPR.