Personal Emergency Response Systems (PERS) Market Expected to Rise at A High CAGR, Driving Robust Sales and Revenue till

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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 Personal Emergency Response Systems (PERS) Market, 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.

What are personal emergency response systems?

Personal Emergency Response Systems (PERS) are also referred to as Medical Emergency Response Systems. A PERS includes three parts: a console attached to the telephone, a small radio transmitter, and an emergency response center that monitors calls. When emergency help is required, the PERS user presses the transmitter’s help key. It transmits a radio signal to the console.

Key Players

Key players operating in the Personal Emergency Response Systems (PERS) market are-

  • 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).

Market Dynamics

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. There are growing rates of senior population and population who opt to lead an active life in independent living communities, which helps to enhance the demand for personal emergency response systems globally.

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