Personal Emergency Response Systems (PERS) Global Market Expected to Reach $8.61 Billion with 6.35% CAGR Forecast to 2022

Personal Emergency Response Systems (PERS) Market 2017 Global Analysis, Opportunities and Forecast To 2022

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New York, NY -- (SBWire) -- 05/17/2017 --Personal Emergency Response Systems (PERS) Industry

Description

Wiseguyreports.Com Adds "Personal Emergency Response Systems (PERS) -Market Demand, Growth, Opportunities and analysis of Top Key Player Forecast to 2021" To Its Research Database

According to Stratistics MRC, the Global Personal Emergency Response Systems (PERS) market is estimated at $5.6 billion in 2015 and is poised to reach $8.61 billion by 2022, growing at a CAGR of 6.35% from 2015 to 2022. Reforms in healthcare industry and rising aging population are some of the key factors boosting the market growth. Furthermore, increasing usage of smartphones and technological advancements in PERS devices are the factors favoring the market growth. However, lack of awareness and high cost associated with adoption of personal emergency response systems acts as restraints for the market growth.

Mobile PERS segment is likely to acquire the largest market share during the forecast period driven by rapidly increasing smartphone users. Home Based Users segment is capturing maximum of the market share in Personal Emergency Response Systems (PERS) end user market. North America leads the global market with the largest market share and Asia Pacific is expected to grow at the highest CAGR during the forecast period due to increasing expenditure on healthcare and demand for independent healthcare devices.

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Some of the key players in the global market include

ADT LLC, Alertone Services, LLC, Bay Alarm Medical, Connect America, Critical Signal Technologies, Galaxy Medical Alert System, Guardian Medical Monitoring, Life Alert Emergency Response, Inc., Lifestation, Inc., Medical Guardian, Mobilehelp, Numera, Inc, Philips Lifeline, Tunstall Healthcare and Valued Relationships, Inc.

PERS Types Covered:
- Landline PERS
Medical alert phones
- Mobile PERS
Wireless Emergency Response System
GPS mobile PERS
Cellular emergency Response System
- Standalone PERS
R Cube/V Cube Monitoring Systems
Transmitters
Wandering System
Standalone Voice Communicator
Medical alarm system

End Users Covered:
- Home Based Users
- Assisted Living Facilities
- Senior Living Facilities

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Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
France
Italy
UK
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
- Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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View this press release online at: http://rwire.com/807801