Medical Alert Systems/Personal Emergency Response System (PERS) Market - 2020 | MarketsandMarkets

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MarketsandMarkets Presents
Medical Alert System/ Personal Emergency Response
System (PERS) Market worth USD 7.62 Billion USD
by 2020
Medical Alert Systems/Personal Emergency
Response System (PERS) Market by Type (Landline
PERS, Mobile PERS (MPERS), Standalone PERS), by
End-User (Home-Based, Senior Living Facilities,
and Assisted Living Facilities) and by Geography
- Global Forecast to 2020

http//www.marketsandmarkets.com/Market-Reports/me
dical-alert-systems-market-237415207.html
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According to the new market research
report "Medical Alert Systems/Personal Emergency
Response System (PERS) Market by Type (Landline
PERS, Mobile PERS (MPERS), Standalone PERS), by
End-User (Home-Based, Senior Living Facilities,
and Assisted Living Facilities) and by Geography
- Global Forecast to 2020" , the personal
emergency response system (PERS) market is
estimated to reach USD 7.62 Billion by 2020, at a
CAGR of 6.0 between 2015 and 2020. The factors
which are driving the personal emergency response
system market include expanding base of aging
population worldwide and increasing awareness
about the healthy and independent lifestyle,
making daily living easy and smooth. Browse 76
market data tables and 48 figures spread through
138 pages and in-depth TOC on Medical Alert
Systems/Personal Emergency Response System (PERS)
Market - Global Forecast to 2020Early
buyers will receive 10 customization on this
report.
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mPERS (Mobile PERS) Is Expected to Lead the
Personal Emergency Response System
Market mPERS, in terms of value, is expected to
account for the largest share by 2020. This
market is expected to grow at a CAGR of more than
5 between 2015 and 2020. The mPERS is rising as
the number of smartphone users are increasing. In
todays technology-driven market, customers
prefer mobility and innovation. The users of
smartphone are increasing, which is increasing
the customer base of the PERS smartphone market.
Tech-savvy users prefer more digitalized personal
emergency response systems in their
smartphones. PDF Brochure_at_ http//www.marketsandm
arkets.com/pdfdownload.asp?id237415207 The
Market for Assisted Living Facilities Is Expected
to Grow at the Highest CAGR between 2015 and
2020 The market for assisted living facilities
is expected to grow at a CAGR of more than 5.0
between 2015 and 2020. This is mainly due to the
fact that it involves a combination of wireless
and wired technology for providing
round-the-clock medical emergency safety to aging
population.
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North America Is Expected to Hold the Largest
Market Share and Grow at a High CAGR During the
Forecast Period The North American PERS market is
expected to have the largest share by 2020 the
market in this region is expected to grow at a
high CAGR of more than 5 between 2015 and 2020.
The growth is mainly driven by the demand for
landline PERS devices. Further, changing
demographic proportion, that is, increasing aging
population in this region and increasing
awareness among the senior citizens for healthy
lifestyle are key factors responsible for the
increasing adoption of personal emergency
response system devices. Inquiry Before Buying _at_
http//www.marketsandmarkets.com/Enquiry_Before_Bu
ying.asp?id237415207 Major players involved in
the development of personal emergency response
system include Koninklijke Philips N.V (Lifeline)
(Netherlands), ADT LLC (U.S.), Tunstall Americas
(U.S.), Valued Relationships, Inc. (U.S.), Bay
Alarm Medical (California), Alert One Services
(U.S.), and others. This research report
categorizes the global personal emergency
response system market based on type, end- user,
and region. This report describes the drivers,
restraints, opportunities, and challenges with
respect to the personal emergency response system
market. The Porters five forces analysis has
been included in the report with a description of
each of its forces and their respective impact on
the personal emergency response system
market.
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