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Personal Emergency Response Systems Market Size, Global Overview, Development Strategy, Historical Analysis, Top Leaders, Upcoming Opportunities, Growth and Regional Forecast 2023

Market Research Future published a research report on “Global Personal Emergency Response Systems Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Pune, India – September 28, 2018 /MarketersMedia/

Market Overview:

Companies in the business of offering personal emergency response systems are getting good business because everybody wants to protect his/her house from burglars and medical emergencies. These systems send emergency signals to representatives. Alerts available with medical alert plus serve as on-the-go emergency response system. Advanced emergency response systems can send different kinds of emergency signals for different emergencies. Personal emergency response systems are not just making the homes safer; they are also creating a revolution in the healthcare industry through their variety of features including the availability of fall detection, Global Positioning System (GPS) location capabilities, home temperature monitoring, in-home operations, and others. Most popular emergency response systems are cellular based personal emergency response systems. Most people use them due to immediate response features that enable hands-free, two-way communication over a cellular network.

Market Research Future (MRFR) has released a research report about the global Personal Emergency Response Systems Market that predicts 6% CAGR (Compound Annual Growth Rate) during the forecast period between 2017 and 2023. In terms of cash, this growth is expected to be around the US $ 9 bn by 2023. Global personal emergency response systems market has been segmented into applications, component, type, and region. On the basis of application, global personal emergency response systems have been segmented into assisted living facilities, home user, living facilities, and others. Components based segmentation of this market covers hardware, software, and service. By types, the market is segmented into landline personal emergency response system (PERS), mobile PERS, standalone PERS, and others.

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Global Personal Emergency Response Systems Market Segmentation

The global personal emergency response systems market are bifurcated on the basis of type, component, applications and region. The types are segmented into mobile PERS, landline PERS, standalone PERS and others. The component are segmented into hardware, solution, service, and others. The applications are segmented senior living facilities, home user, assisted living facilities and others. The region includes North America, Europe, Asia Pacific and Rest of the World.

Key Players:

The prominent players in the global personal emergency response systems market are – Alertone Standalone PERS, LLC (US), Koninklijke Philips N.V. (Netherlands), ADT Corporation (US), Valued Relationships, Inc. (US), Nortek Security & Control LLC. (US), LifeStation, Inc. (US), Bay Alarm Medical (US), Medical Guardian LLC (US), Tunstall Healthcare Group Ltd. (UK), GreatCall (US), Guardian Alarm (US), MobileHelp (U.S) among others.

Market Research Analysis:

On geographic basis, global personal emergency response systems market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the personal emergency response systems market. The personal emergency response systems are gaining huge demand due to the number of technology helps the senior citizen to inform at the critical time and at a very low cost. In this market, Europe is to be estimated to be the second largest market share for personal emergency response systems during the forecast period. Asia Pacific is expected to forecast the highest CAGR in the coming years.

Latest Industry News

• Telus Corp. is set to enter the home security market as part of Bell Canada Enterprises (BCE) Inc.’s deal to buy AlarmForce Industries Inc. after a transaction between the telecom service providers that splits customers between the east and the west. Bell recently closed the $182 mn purchase of AlarmForce, which has 100,000 customers across Canada. Simultaneously, it sold 39,000 of these customers in B.C., Alberta, and Saskatchewan to Telus for $66.5 mn.
• Medical Guardian, a leading provider of innovative medical alert systems, unveiled industry’s most advanced medical alert device at the 2018 Consumer Electronics Show. Named as Freedom Guardian, this is a sophisticated wearable technology designed to challenge industry stereotypes and revolutionize how older Americans to age in place – or on the go. The Freedom Guardian is a discrete, customizable watch. It has been designed to blend in a while providing round the clock monitoring, support and connectivity.

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Intended Audience

• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Component standards organizations
• Component investors
• System Integrators

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future

Source URL: https://marketersmedia.com/personal-emergency-response-systems-market-size-global-overview-development-strategy-historical-analysis-top-leaders-upcoming-opportunities-growth-and-regional-forecast-2023/414298

For more information, please visit https://www.marketresearchfuture.com

Source: MarketersMedia

Release ID: 414298

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