Personal Emergency Response Systems Market

The global Personal Emergency Response Systems (PERS) market was valued at 6997.5 Million USD in 2021 and will grow with a CAGR of 5.8% from 2021 to 2027, based on Research newly published report.

The prime objective of Personal Emergency Response Systems Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Personal Emergency Response Systems Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Personal emergency response system (PERS) is designed to signal the presence of a hazard and the requirement of urgent attention for the older population as well as people with disabilities during an emergency. Medical personnel are dispatched by response associates to assist the affected people accordingly for further care.Philips Lifeline maintained the first place in the global manufacturers ranking in 2018, accounted for about 32.6% of the market share, while top 10 manufacturers combined for about 47%.

By Market Vendors:

• Philips Lifeline
• ADT
• Tunstall
• Greatcall
• Alert-1
• Connect America
• Bay Alarm Medical
• Life Alert
• Rescue Alert
• Mobile Help
• Medical Guardian
• LifeStation
• Galaxy Medical Alert Systems
• Lifefone
• Better Alerts
• MediPedant
• QMedic
• VRI Cares

By Types:

• Mobile Type
• Landline Type
• Standalone Type

By Applications:

• Inside the Home
• Outside the Home

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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