Personal Emergency Response System (PERS) Market: 6% CAGR Forecast to 2020

Nov 27, 2015, 00:30 ET from RnR Market Research

PUNE, India, November 27, 2015 /PRNewswire/ --

Medical alert systems / personal emergency response system (PERS) market is expected to grow steadily for 5 years with APAC being the fastest growing region expected to see a high CAGR between 2015 and 2020.

Complete report on medical alert systems/personal emergency response system (PERS) market spread across 138 pages, profiling 12 companies and supported with 76 tables and 48 figures is now available at http://www.rnrmarketresearch.com/medical-alert-systems-personal-emergency-response-system-pers-market-by-type-landline-pers-mobile-pers-mpers-standalone-pers-by-end-user-home-based-senior-living-facilities-and-assisted-living-facilities-and-by-geography-glob-market-report.html .

Medical alert systems / personal emergency response system for mPERS (Mobile PERS) is expected to grow at the highest CAGR. A key driving factor for the growth of the personal emergency response system market is expanding base of aging population. Besides, several other factors such as constant innovation in technology and easy adaptability of PERS and increasing number of smartphone users are also propelling the growth of the market.

In the personal emergency response system market, mobile PERS is estimated to grow at a high CAGR during the forecast period. Smartphone users are increasing globally which, in turn, is increasing the customer base for mobile PERS market. Further, mPERS is gaining popularity since it provides facilities to senior to go on vacation, play outdoor games, and live more independently without carrying the heavy base stations wherever they go.

The growth is highly attributed to increasing population, healthcare expenditure, and demand for independent healthcare devices in the APAC region. In the Asia-Pacific region, the healthcare expenditure has increased over the last few years because of a significant increase in the level of per capita income. Further, the developing countries of APAC are also focusing on how to tackle with senior citizens' healthcare and medical emergency issues.

The key players in the market include Koninklijke Philips N.V (Lifeline) (Netherlands), ADT LLC (U.S.), Tunstall Americas (U.S.), Valued Relationships, Inc. (U.S.), Bay Alarm Medical (California), Alert One Services (U.S.), Connect America (U.S.), Mobile Help (U.S.), Medical Guardian (U.S.), Critical Signal Technologies (U.S.), Galaxy Medical Alert Systems (Canada), and Guardian Medical Monitoring Systems (U.S.). Order a copy of Medical Alert Systems/Personal Emergency Response System (PERS) Market by Type (Landline PERS, Mobile PERS (MPERS), Standalone PERS), by End-User (Home-Based, Senior Living Facilities, and Assisted Living Facilities) and by Geography - Global Forecast to 2020 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=438545 .

Several primary interviews with market experts have been conducted across four major regions, namely, the North America, Europe, Asia-Pacific, and Rest of the World (the Middle East, Africa, South America, and others). The primary participants considered for the study are C-level executives, managers, and D-level executives of the Tier1, Tier 2, and Tier 3 companies.

Another research on mHealth Solutions Market Global Forecast to 2020 says he global mHealth solutions market is expected to grow at a CAGR of 33.4% during the forecast period (2015 to 2020). This research report is an in-depth assessment of market shares, growth strategies, products, manufacturing capabilities, and SWOT analyses of leading players in the mHealth solutions market. Companies like Medtronic, Inc., Apple, Inc., Sanofi, Mobisante, Inc., AirStrip Technologies, Inc., AliveCor, Inc., LifeWatch AG, Nike Inc., Koninklijke Philips N.V., Jawbone, Omron Corporation, Withings, BioTelemetry Inc., athenahealth, Inc., AgaMatrix, Inc., iHealth Lab, Inc., AT&T, Qualcomm, Cerner Corporation, Diversinet and Cisco, Inc. are the major players profiled in the mHealth solutions market report and available at http://www.rnrmarketresearch.com/mhealth-solutions-market-by-connected-devices-blood-pressure-monitor-glucose-meter-pulse-oximeter-apps-weight-loss-womens-health-personal-health-record-medication-services-remote-monitoring-consultation-prevention-global-fore-market-report.html .

Explore more reports on Information Technology & Telecommunication at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication .

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