The global market for Personal Emergency Response Systems (PERS) estimated at USD 8.76 Billion in the year 2022, is expected to reach a revised size of USD 14.94 Billion by 2030, growing at a CAGR of 6.9% over the forecast period 2023-2030
Personal Emergency Response Systems (PERS) which are also commonly known as Medical Emergency Response Systems are devices that enable people to call for help in an emergency by simply pushing a button. These devices are certainly designed for recipients who are at high risk of institutionalization and need help in an emergency. PERS services are for people of age 14 and older, who live alone or are alone for significant parts of the day and who would require extensive routine supervision. Personal Emergency Response Systems (PERS) is a convenient, simple, and efficient way to call for help in an emergency.
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Who are the key players in the Personal Emergency Response System Market?
Koninklijke Philips N.V. (Netherlands),Honeywell International Inc (US),Life Alert Emergency Response Inc. (US),AlertONE Service Inc. (US),MedicAlert Foundation (US),ADT Security Services Inc. (US),Bay Alarm Medical (US),Shenzhen Giftshine Technology Co. Ltd. (China),Nortek Security & Control LLC (US),Galaxy Medical Alert Systems Ltd. (Canada),Medical Guardian LLP (US),Rope Innovation Co. Ltd. (China),Electronic Caregiver Inc. (US),Ningbo Hi-Tech Park Jabo Electronics Co. Ltd (China),Vanguard Wireless (Australia),Tynetec Ltd. (UK) and Other Major Players
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Studying the complete Personal Emergency Response System Market ecosystem, our study elaborates the interdependencies and functions of various market stakeholders. Through extensive segmentation analysis and comprehensive geographical coverage, we facilitate a profound comprehension of regional trends. Furthermore, we carefully analyse external factors that impact market dynamics. A key aspect of our report is the comprehensive company profiles and competitive analysis. This provides invaluable insights into market players' market role, overview, operating business segments, products, and financial performance. By evaluating crucial metrics like production volume, sales volume, and sales margin, we offer a comprehensive understanding of their market position.
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Segmentation of Personal Emergency Response System Market:
· Standalone PERS
· Landline PERS
· Mobile PERS
By End-User
· Home-Based Users
· Assisted Living Facilities
· Nursing Homes
· Senior Living Facilities
· Hospice Care
Region and Country level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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The latest research on the Personal Emergency Response System Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Personal Emergency Response System Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Personal Emergency Response System Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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