Global Personal Emergency Response System Market 2016-2020

Description-


The rapid growth of the global population raises concerns about the well-being of the older people as they may become vulnerable due to diminished communication capabilities, health challenges, financial circumstances, and chronic or terminal illness.
PERS for hospital and at-home care is a critical device, which is designed to signal the presence of a hazard and the requirement of urgent attention for the older population as well as people with disabilities during an emergency.

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Medical personnel are dispatched by response associates to assist the affected people accordingly for further care. These systems are available in various types, which include mobile PERS, landline PERS, and stand-alone PERS. They are available in the form of wireless pendants, wrist watches, sensors, motion detectors, smartphones, or transmitters that can be activated in an emergency. PERS can be available on purchase, lease, or rent based on a doctors recommendation. Medicaid and insurance companies primarily do not pay for the device. However, national manufacturers, hospitals, local distributors, and NGOs often pay the rental, which includes monitoring services.

Technavios analysts forecast the global PERS market to grow at a CAGR of 5.7% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global PERS market for 2016-2020. The market size was calculated from revenue generated from the sales of PERS by the market vendors.

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The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Personal Emergency Response System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ADT LLC
Bay Alarm Medical
Life Alert Emergency Response Inc.
Phillips Lifeline
Valued Relationships Inc. (VRI)

Other prominent vendors
Alert One Services
Appello
Age UK
AT&T
Buddi Ltd
Connect America
Critical Signal Technologies

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