Personal Emergency Response Systems Market Trends, Dynamics & Market Insights

1. Presents a Research Report on Personal Emergency Response Systems Market The report on the Personal Emergency Response Systems Market is segmented By Product (Landline PERS, Mobile PERS, Standalone PERS), By Application (Home-based Users, Nursing Homes, Assisted Living Facilities, Hospices), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Personal Emergency Response Systems (PERS) market. sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. The Personal Emergency Response Systems Market Highlights& Drivers • 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. • The growing geriatric population, strong adaptation rates of these devices, rise in the number of health-conscious people, and new technology modifications are some of the key factors boosting the growth. Robust growth in the personal emergency response systems market is likely to be propelled by the growing adoption of mobile smartphone-based applications for older citizens’ health management and enhancements in medical alert services. MarketInsight ProductTrends: Based on product, the market has been classified into landline PERS, mobile PERS, and standalone PERS. The mobile PERS segment accounted for a substantial market share in 2020. Mobile PERS exhibits several advantages over conventional PERS units, which consists of tracking capabilities via a variety of technologies. Moreover, they are also lightweight and long-lasting. They are gaining popularity as they allow senior citizens to lead a more independent and normal lifestyle, which further bolsters the segment growth.

3. Market Insight & Competitive Insights • By Region: • The market in Asia-Pacific accounted for the largest share in 2020 and is projected to continue its dominance during the review period. This is mainly attributed to the growing geriatric population and the increasing prevalence of chronic diseases. • In addition, the demand for better healthcare facilities and an increase in home-based health programs are anticipated to boost the regional market. Moreover, the rising technological advancements, growing awareness among the people, and increasing investments from foreign players further proliferate the regional growth. • Key Players • Koninklijke Philips (Netherlands) • ADT Security Services (US) • Bay Alarm Medical (US) • VRI (US) • Life Alert Emergency Response (US) • Tunstall (UK) • Medical Guardian (US) • AlertOne Services (US) • GreatCall (US) • Rescue Alert (US).

4. Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others

5. Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.

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