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Global Market Study on Personal Emergency Response Systems (PERS): Increasing Geriatric Population and Increasing Prevalence of Neurological Disorders are Factors Expected to Drive Market Growth Over 2016 - 2024

Report Description

This Persistence Market Research (PMR) report examines the personal emergency response systems market for the period 2016 - 2024. The primary objective of the report is to offer updates and information related to market opportunities in the global personal emergency response systems market.  

The global personal emergency response systems market report deals with personal emergency response systems, which are devices used to alert emergency services in the event of any emergency situation. Such devices have the potential to mitigate some of the adverse consequences of an emergency situation.

To understand and assess various opportunities in this market, the report is categorically split into three sections, namely market analysis by product type, end user, and region. The report analyzes the global personal emergency response systems market in terms of value (US$ Mn).

The report starts with an overview of the global personal emergency response systems market. In the same section, PMR covers the global personal emergency response systems market performance in terms of value. This section also includes PMR’s analysis of key trends, drivers, and restraints from supply and demand perspectives.

The next section of the report analyzes the market on the basis of product type and presents the forecast in terms of value for all the years till 2024. On the basis of product type,

The market has been segmented as follows:

  • Landline Devices
  • Mobile Devices
  • Standalone Devices
  • Mobile Applications

The next section of the report analyzes the market on the basis of end user and presents the forecast in terms of value for all the years till 2024.

End user segments covered in the report are as follows:

  • Home-based Users
  • Assisted Living Facilities
  • Hospitals

The section that follows analyzes the market on the basis of regions in terms of value for the forecast period.

Regions covered in the report are as follows:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

To arrive at the market size, the report considers market value of the global personal emergency response systems across the aforementioned geographies. The forecast presented in the report assesses the total revenue generated in the global personal emergency response systems market over the forecast period. When developing the market forecast, the starting point involves sizing up the current market, which forms the basis of the forecast on how the market is anticipated to take shape in the near future. For this, PMR referred to several subject matter experts in the personal emergency response systems domain. Given the characteristics of the market, we triangulated the outcome based on different analysis based on supply side, demand side, and dynamics of the market. In this report, quantification of data has been conducted along with provision of quality insights collected directly from the market through discussion with suppliers, distributors, and subject-matter experts.

We have also taken into consideration the year-on-year growth of the global personal emergency response systems market, based on regional growth analysis, to understand the predictability of the market and to identify the right opportunities in it.

As previously highlighted, the market for global personal emergency response systems is split into various segments on the basis of product type, end user, and region. All these segments have been analyzed in terms of Basis Point Share (BPS) to understand individual segment’s relative contribution to market growth. This detailed level of information is important for identification of various key trends in the global personal emergency response systems market.

Another key feature of this report is the analysis of the global personal emergency response systems market, by region, which is further segmented on the basis of countries and revenue forecast in terms of absolute dollar opportunity. Regional trends have been introspected, identified, and applied while forecasting the growth rates of the market. Additionally, the absolute dollar opportunity provided in the report is critical in assessing the level of opportunity that a provider can look to achieve from a sales perspective in the global personal emergency response systems market. 

In this report, PMR has also developed a market attractiveness index for all three segments, namely product type, end user, and regional segments. This index is intended to help in identifying real opportunities in the market.

In the final section of the report, the global personal emergency response systems market landscape is included to provide report audiences with a dashboard view, based on categories of providers in the global personal emergency response systems product portfolio; their key developments and strategies have also been included wherever possible.

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