Market Research Future published a research report on “Covid-19 Impact on Personal Emergency Response System Market Research Report- Forecast 2024” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2024.
Companies in the business of offering Personal Emergency Response System (PERS) 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 Covid-19 Impact on Personal Emergency Response System 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. Personal Emergency Response System (PERS) 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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The key players of the Personal Emergency Response System (PERS) Market are Alertone Services LLC (US), Cisco Systems, Inc. (US), Nortek Security and Control (US), VRI (US), Honeywell International, Inc. (US), Tunstall (UK), Robert Bosch GmbH (Germany), GreatCall, Inc. (US), Koninklijke Philips NV (Netherlands), and ADT (US) among others.
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.
Market Research Analysis:
The regional segmentation of global personal emergency response systems market segments this market into the regions namely Asia Pacific, Europe, North America and the rest of the world (RoW). Due to the highest technological advancement, population growth, and consumers adapting to new technology quickly, North America is the largest market region for emergency response systems. In this region, the biggest market is the United States of America (USA), Canada and Mexico. After North America, personal emergency response systems market earns maximum revenue from Europe where the lion‘s share of demand, supply, sales, and revenue comes from France, Germany, Italy and the United Kingdom (UK). Asia Pacific region has more population that Europe and although it is not technologically advanced as North America and Europe, countries in this region are catching up with developed countries at a steady pace. Consumers in the Asia Pacific region are now getting acquainted with the concept of the personal emergency response system. Maximum success for the Asia Pacific market for personal emergency response systems comes from technologically advanced countries like China, India, Japan and South Korea, followed by rest of Asia Pacific countries.
TABLE OF CONTENTS
List of Tables
Table 1 List Of Assumptions
Table 2 Global Personal Emergency Response Systems Market, By Type, 2018–2024 (Usd Million)
Table 3 Global Mobile Personal Emergency Response Systems Market, By Type, 2018–2024 (Usd Million)
Table 4 Global Standalone Personal Emergency Response Systems Market, By Type, 2018–2024 (Usd Million)
Table 5 Global Personal Emergency Response Systems Market, By End User, 2018–2024 (Usd Million)
Table 6 Global Personal Emergency Response Systems Market, By Region, 2018–2024 (Usd Million)
Table 7 North America: Personal Emergency Response Systems Market, By Country, 2018–2024 (Usd Million)
Table 8 North America: Personal Emergency Response Systems Market, By Type, 2018–2024 (Usd Million)
Table 9 North America: Mobile Personal Emergency Response Systems Market, By Type, 2018–2024 (Usd Million)
Table 10 North America: Standalone Personal Emergency Response Systems Market, By Type, 2018–2024 (Usd Million)
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