Personal Emergency Response Systems Pers Market

The traditional personal emergency response systems will be integrated with sensors in the near future which will further increase the revenue in the pers market.

Personal emergency response systems pers market.

The growth of the global personal emergency response system pers market is thriving on the back of the increasing focus of the players for technological advancements in the personal emergency response system industry coupled with the increasing prevalence of diseases and disorders for instance heart strokes alzheimer or epileptic seizures that raises the risks of medical. Personal emergency response systems pers also known as medical emergency response systems. Pers devices provide independent living with easy access to care. It can be complicated.

The medical alert systems market is estimated to be worth usd 6 5 billion in 2020 and is projected to reach usd 9 6 billion by 2025 at a cagr of 7 9 from 2020 to 2025. The medical alert systems industry is expected to witness strong growth in the next six years mainly due to the rising elderly population across the globe increasing adoption of the mobile personal emergency response system. Insights about the personal emergency response system market were compiled from the pers summit 2015 survey research by trg associates and the edmonds group and research reported by security. This report presents a comprehensive overview market shares and growth opportunities of personal emergency response systems pers market by product type.

Global personal emergency response systems pers market is valued at usd 6245 1 million in 2018 and expected to reach usd 9452 5 million by 2025 with a cagr of 6 1 over the forecast period. Personal emergency response systems pers market size and forecast. Grow your business by staying on top of statistics and market insights related to the pers industry. Mobile pers market to cause disruption in the healthcare industry smartphones have penetrated all the industries especially healthcare.

Over the next five years the personal emergency response systems pers market will register a xx cagr in terms of revenue the global market size will reach us xx million by 2025. The personal emergency response system market is a diversified healthcare monitoring devices market which caters to the people in need of immediate medical attention. According to verified market research global personal emergency response systems pers market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i e. How do you find the one that s best for your situation.

Based on end use the medical alert systems market is segmented into home based users nursing homes assisted living facilities and hospices.