Global Personal Emergency Response Systems (PERS) Markets Report 2022: Market to reach $10.7 billion by 2026

DUBLIN, August 26, 2022 /PRNewswire/ — The “Personal Emergency Response Systems (PERS) – Global Market Trajectory & Analytics” report has been added to from ResearchAndMarkets.com offer.

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Global Personal Emergency Response Systems (PERS) Market to Reach $10.7 billion by 2026

Global Personal Emergency Response Systems (PERS) Market Estimated at US$8.2 billion in 2022, is expected to reach a revised size of US$10.7 billion by 2026, growing at a CAGR of 6.6% over the analysis period.

The demand in the global market is expected to be fueled by the trend towards home health care, increasing average life expectancy, increasing baby boomer population and growing public and private sector participation in health care services. elderly care services. An aging global population is the major driver of market growth.

The increasing incidence of chronic diseases such as stroke, epileptic seizures or Alzheimer’s disease is expected to further drive the market as these people require the attention of medical specialists in times of emergency. Improvements in healthcare infrastructure, widespread adoption of smartphones, and penetration of advanced home healthcare devices play pivotal roles in supporting the growth of the market.

Apart from the increased awareness about the various benefits of PERS, the growth of the market is facilitated by the technological advancements related to mobile technology which is sure to expand the scope of application of these devices.

Mobile PERS, one of the segments analyzed in the report, is expected to register a CAGR of 7.5% and reach US$5.8 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the fixed PERS segment is readjusted to a revised CAGR of 6.2% for the next 7-year period.

Mobile PERS systems allow constant monitoring of individuals even outside the limits of their home. Segment growth is driven by wider acceptance of these systems. Fixed PERS is the traditional form of personal emergency response systems. These are immobile and limited to confined spaces. Traditional PERS devices are economical, require no charging, and have superior audio reception.

Autonomous personal emergency response systems include individual devices equipped with communication systems, monitoring systems and transmitters. In the global autonomous PERS segment, UNITED STATES, Canada, Japan, China and Europe will drive the CAGR of 5.3% estimated for this segment.

The US market is estimated at $2.8 billion in 2022, when China is expected to reach $678.4 million by 2026

Personal Emergency Response Systems (PERS) Market in United States is estimated at US$2.8 billion in the year 2022. Chinathe second largest economy in the world, is expected to reach a projected market size of US$678.4 million by 2026 with a CAGR of 8.6% over the analysis period.

Other notable geographic markets include Japan and Canada, each predicting growth of 5.8% and 6.4% respectively over the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 6.6%. North America remains at the forefront of global adoption, driven by rising healthcare spending, the presence of major players, and the continued shift from fee-based to value-based healthcare .

Europe represents another key market, due to the increase in the elderly population. Asia Pacific has exhibited relatively higher rates of adoption of telecare systems, including PERS in recent years, with a rapidly increasing elderly population and increasing adoption of home care devices.

What’s new for 2022?

  • Global competitiveness and percentage market shares of main competitors

  • Market presence in multiple geographies – Strong/Active/Niche/Trivial

  • Peer-to-peer collaborative online interactive updates

  • Access to digital archives

  • Free updates for one year

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global Market Trajectories

  • The COVID-19 pandemic creates a scenario of strong demand growth for telehealth services and solutions

  • COVID-19 death rate by age

  • Deaths from COVID-19 by age group in the United States

  • Increasingly Combined with Telehealth, the PERS Market Shares the Opportunities Presented by the COVID-19-Induced Rise of Remote Patient Monitoring Technologies

  • Telecare: the fusion of technology and health care

  • Types of Carephones

  • Evolution of intelligence in remote assistance

  • Personal Emergency Response Systems (PERS): An Introduction

  • PERS Systems Market: Outlook and Prospects

  • Mobile Personal Emergency Response Systems Segment to Show Highest Growth Rate

  • Developed Regions Strengthen Dominant Position in Global PERS Market

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Gamers Worldwide in 2022 (E)

2. FOCUS ON CERTAIN PLAYERS (Total 108 featured):

  • ADT Security Services, Inc.

  • Alert Response, LLC

  • AlertOne Services LLC

  • call

  • Medical alarm bay

  • Chubb Community Care

  • Connect America Medical Alarm Company

  • Electronic caregiver

  • Galaxy Medical Alert Systems, Ltd.

  • GreatCall

  • Guardian Alarm

  • Healthcom, Inc.

  • Koninklijke Philips Electronics NV

  • Life Alert Emergency Response, Inc.

  • LifeFone Medical Alert Services

  • Life Station, Inc.

  • LogicMark, LLC

  • Medical Guardian, LLP

  • MobileHelp (US)

  • Ningbo Hi-Tech Park Jabo Electronics Co., Ltd.

  • Nortek Security & Control LLC

  • rescue alert

  • Reply now

  • TeleAlarm SA

  • TELUS Health

  • Tunstall Healthcare Group

  • Tynetec Ltd.

  • Vanguard Wireless Pty Ltd

  • VRI, Inc.

3. MARKET TRENDS AND DRIVERS

  • Aging Global Population Desiring to Live Independently Supports PERS Market Growth

  • Convergence of PERS and telehealth for rapid emergency response to the elderly

  • Advent of senior-friendly mobile health and telehealth technologies

  • mPERS: the ability to provide security outside homes drives growth

  • Exterior alarms make mobility easier

  • Rising demand for home healthcare bodes well for the PERS market

  • The rapidly evolving role of home telehealth is driving vast opportunities for the PERS market

  • A look at some emergency medical response systems

  • Smart homes as portals for healthcare delivery help expand opportunities for telehealth services, supporting the growth of the PERS market

  • PERS meets the needs of immobile patients

  • Rising per capita healthcare spending bodes well for the PERS market

  • Smart technologies enhance the capabilities of medical alert systems

  • Automatic fall detection systems: supporting independent lifestyles in older people

  • Technological advancements are driving the PERS market

  • AI-based digital assistant for accurate and fast recognition of cardiac arrest

  • Theora Care’s Portable remote monitoring system

  • AI-powered solutions support PERS for rapid response

  • IoT solutions to improve elderly care and help the elderly community live independent lives

  • App-based PERS for increased security and freedom

  • Reimbursement scenario in the world

  • Challenges for the PERS market

4. GLOBAL MARKET OUTLOOK

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information on this report visit https://www.researchandmarkets.com/r/r97s04

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