Medical Alert System/Personal Emergency Response System Market was valued at US$ 7.51 Bn in 2019 and is expected to reach US$ 12.62 Bn by 2027, at a CAGR of 6.7 % during a forecast period.

Medical Alert System/Personal Emergency Response System Market Overview:

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Medical Alert System/Personal Emergency Response System market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focus on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to emerging segment in Medical Alert System/Personal Emergency Response System market.

Medical Alert System/Personal Emergency Response System Market Dynamics:

Personal emergency response systems (PERS), also refer as medical emergency response systems, allow users to call for help when in an emergency by pushing a button. It has three components a small radio transmitter, a console connected to the telephone, and an emergency response center that monitors calls. With the rapid increase in elderly population, there is a rising need for medical alert systems in residences. Furthermore, among the elderly people falls are one of the most common causes of injury. Medical alert systems are typically marketed with a wireless transmitter designed as a pendant, which can be activated in a medical emergency. Disabled and elderly people who do not live with their family are the major users of these emergency systems. Presently, the medical alert systems market is highly attractive due to rapidly aging population and increasing awareness among the people.

COVID-19 Impact on Global Medical Alert System/Personal Emergency Response System Market:

Different racial and ethnic groups reacted differently to the COVID-19 dislike. Inequities in the social determinants of health, such as income and wealth, access to and use of health care, education, occupation, discrimination, and housing, are all linked. Economic headwinds will come from a variety of directions for emerging Market and developing nations. Even this grim prognosis is fraught with uncertainty and huge dangers to the negative. The pace with which the crisis has engulfed the global economy may provide insight into the depth of the recession. Our highly skilled and informed team is always innovating and delivering innovative solutions to our clients, all while utilising the most cutting-edge technologies.

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The key manufacturers in the Medical Alert System/Personal Emergency Response System Market

• Koninklijke Philips N.V.
• ADT Corporation
• Tunstall Healthcare Group Ltd
• Valued Relationships, Inc.
• Medical Guardian LLC
• Nortek Security & Control LLC
• Legrand Assisted Living & Healthcare
• Alertone Services, LLC
• LifeStation, Inc.
• Bay Alarm Medical
• LifeFone
• GreatCall
• Guardian Alarm
• Connect America
• Life Alert Emergency Response, Inc.
• MobileHelp
• Galaxy Medical Alert Systems
• Response Now
• Rescue Alert
• Better Alerts
• Electronic Caregiver
• Blue Linea
• Vanguard Wireless

Global Medical Alert System/Personal Emergency Response System Market Regional Analysis Includes:

  • Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
  • Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
  • North America (the United States, Mexico, and Canada.)
  • South America (Brazil etc.)
  • The Middle East and Africa (GCC Countries and Egypt.)

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The overall purpose of the Maximize Market research report is to determine Market priorities and bottlenecks. The paper also offers advice on how to best handle the risks posed by new and disruptive technologies. Most importantly, referring to this report assists Market participants in staying informed of changing Market dangers and providing the best advice possible to Market participants, as well as the introduction or amendment of regulatory processes. This Maximize Market Research report study contains results and suggestions tailored to all Market players, investors, stakeholders, and other participants in the global Medical Alert System/Personal Emergency Response System Market. This Maximize Market research report will serve as a valuable resource for those looking to acquire a competitive advantage in the Market.

Segmentation:

Global Medical Alert System/Personal Emergency Response System Market by Solution

Global Medical Alert System/Personal Emergency Response System Market, by Type:

• Landline PERS
• Mobile PERS
o Wireless Emergency Response System
o Cellular Emergency Response System
o GPS-based Emergency Response System
• Standalone PERS
o Transmitters
o Standalone Voice Communicator
o Wandering System
o R-cube/V-cube Monitoring System


Global Medical Alert System/Personal Emergency Response System Market, by End User:

• Home-based Users
• Senior Living Facilities
• Assisted Living Facilities

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