Personal Emergency Response Systems Market Growth Rate Research Report by Forecast 2024

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Market Research Future
Personal Emergency Response Systems Market
Research Report - Global Forecast till 2024
The Global Personal Emergency Response Systems
Market is expected to grow at 6.8 CAGR,
witnessing substantial growth during the forecast
period. The market was valued at USD 3,490.2
Million in 2018 it is expected to reach USD
5,032.5 Million by 2024. North America accounted
for the largest market value of USD 1327.7
Million in 2018 the market is expected to
register a CAGR of 7.3 during the forecast
period. Personal emergency response systems
(PERSs) are devices that are let elderly or
disabled individuals call for immediate
assistance in case of emergencies. These devices
are designed as wristbands or neck pendants and
are equipped with transmitters to alert the
emergency helplines in case any help is required.
When alerted, the transmitter sends the signal to
an emergency operator which responds by promptly
sending help to the individuals location. Based
on the severity of the situation, the operator
decides whether to send an ambulance to the
location or call the designated guardian.
Increasing geriatric population along with
policies to increase the quality of home
healthcare to support independent living has led
to innovations in healthcare services.
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Regional Analysis The global personal emergency
response systems market, by region, has been
segmented into Asia-Pacific, North America,
Europe, and the rest of the world. North America
is expected to dominate the personal emergency
response systems market during the forecast
period due to the shift from fee to value-based
healthcare services in the region. Access
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t-4522
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• Market Segments
• By type Landline, mobile (Wireless, Cellular and
  GPS-based) and standalone (Transmitters,
  Standalone Voice Communicator, Wandering System,
  R-cube/V-cube Monitoring System).
• By end user Home-based users, senior living
  facilities and assisted living facilities
• By region North America, Asia-Pacific, Europe,
  and the rest of the world
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Major Players in this Research The key players
of the global personal emergency response systems
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. Know More about this Report _at_
https//www.marketresearchfuture.com/press-release
/personal-emergency-response-systems-industry
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