The growing awareness, disease management, and self-care among people related to chronic diseases as well as the disability to lead healthy and independent lives are the primary driver for the growth of the personal emergency response systems market. Also, the growing trend towards usage of technologies which permit the people to gain easy access to healthcare without staying in the hospital. Thus, these factors are contributing to the growth in the demand for personal emergency response systems market in the forecast period.
MARKET DYNAMICS
The continuous growth in technology and the easy adaptability of PERS devices and technological developments in healthcare wearables are the significant drivers for the growth of the personal emergency response systems market. The mounting advancements in communication technologies are creating opportunities for the personal emergency response systems market in the coming years.
MARKET SCOPE
The "Global Personal Emergency Response Systems Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of personal emergency response systems market with detailed market segmentation by type, end-user industry, and geography. The global personal emergency response systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading personal emergency response systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global personal emergency response systems market is segmented on the type, and end-user industry. Based on type, the market is segmented into landline PERS, mobile PERS, and standalone PERS. Similarly, based on end-user industry the market is segmented into home-based users, senior living facilities, and assisted living facilities.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global personal emergency response systems market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The personal emergency response systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting personal emergency response systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis across various regions namely: North America, Asia-Pacific, Europe, Middle East and Africa, and South America.
MARKET PLAYERS
The reports cover key developments in the personal emergency response systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from personal emergency response systems market are anticipated to lucrative growth opportunities in the future with the rising demand for personal emergency response systems in the global market. Below mentioned is the list of few companies engaged in the Personal emergency response systems market.
The report also includes the profiles of key personal emergency response systems companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ADT Corporation
- Alertone Services, LLC
- American Senior Safety Agency
- Koninklijke Philips N.V.
- LifeFone
- LifeStation, Inc.
- Medical Guardian LLC
- Nortek Security & Control LLC.
- Tunstall Healthcare Group Ltd.
- Valued Relationships, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.