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Terrorist attacks, earthquakes, floods etc are some of the emergency situations when these systems give an immediate picture to the government and medical responder teams. They also help in sending alerts to a large audience in the region with customized content or directions. These systems in effect can also be called as Emergency response systems.
The Personal Emergency Response Systems (PERS) Market is estimated to grow from USD 5.9 billion in 2020 to USD 9.1 billion by 2026 at a healthy CAGR of 7.5% during the forecast period.
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Visit Here: https://www.grandresearchstore.com/ict-and-media/intelligent-emergency-response-systemsinfrastructure-irsi-market-51 This report studies the global Intelligent Emergency Response Systems and Infrastructure IRSI market, analyzes and researches the Intelligent Emergency Response Systems and Infrastructure IRSI development status and forecast in United States, EU, Japan, China, India and Southeast Asia.
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Personal Emergency Response Systems Market Segmented By Landline Devices, Mobile Devices, Standalone Devices, Mobile Applications for Home-based Users, Assisted Living Facilities, Hospitals
The rising elderly population and need for continuous patient monitoring have boosted the adoption of personal emergency response systems (PERS), globally. Technological advancements in mobile personal emergency response system devices such as automatic fall detection and medication reminder features are expected to fuel overall personal emergency response systems market growth during the forecast period.
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Global Personal Emergency Response Systems (PERS) market is estimated at $5.6 billion in 2015 and is poised to reach $8.61 billion by 2022, growing at a CAGR of 6.35% from 2015 to 2022. Reforms in healthcare industry and rising aging population are some of the key factors boosting the market growth.
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The growing adoption of smartphones by the geriatric population is one of the main factors that supports the introduction of software and applications, as such, enabling the growth of the personal emergency response systems market.
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The development undertaken by the Personal Emergency Response Systems Market over the years has ensured that medical alert systems are connected to smartphones or alarms through which a programmed signal can be broadcast to medical response centers. The signal is transmitted as soon as a button for 'help' is pressed. Medical alert devices like this 'help' button are usually classified as radiofrequency triggers that are worn around the neck or wrist.
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The report "Medical Alert System/Personal Emergency Response System Market by Type (Landline, Mobile, Standalone), End User (Home-Based Users, Senior Living Facilities, and Assisted Living Facilities), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the market is expected to grow from USD 6.61 Billion in 2017 to USD 9.22 Billion by 2023, at a CAGR of 5.7% between 2017 and 2023.
[138 Pages Report] Medical Alert Systems/Personal Emergency Response System (PERS) Market research report categorizes by Type (Landline PERS, Mobile PERS (MPERS), Standalone PERS), by End-User (Home-Based, Senior Living Facilities, and Assisted Living Facilities) and by Geography
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Get Sample Brochure of the Report @ http://www.marketintelreports.com/pdfdownload.php?id=hcr0018 The growing demand for personal emergency communication devices will lead to development of more innovative personal care and home monitoring devices. Furthermore, the advancements in technologies will allow the entry of affordable and efficient personal emergency care devices in the market in the coming years. PERS are medical devices that are used by individuals to call for emergency medical help. These innovative devices contact the emergency care services or the user’s family members through a panic button in the form of a pendant or a wristband. According to MarketIntelReports analysis, the Global Personal Emergency Responses Systems Market will grow at a CAGR of 5.8% and reach $8.4 Billion by 2020.
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The Global Personal Emergency Response Systems Market has recorded $2874.6m in 2017 and it is estimated to surpass $4128.5m by 2023 growing at an estimated rate of more than 6.22% during 2018 to 2023. The Mobile PERS unit is witnessed as fast growing in the market with $624.7m revenue and expected to reach $891.6m by 2023 with a CAGR of 6.18%. Standalone PERS Market is projected to grow with a high CAGR of 36.58% during forecast period. North America and Europe holds the maximum share of 38% and 35% in the global PERS Market.
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