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Medical Alert System/Personal Emergency Response System Market by Type (Landline, Mobile, Standalone), End User (Home-Based Users, Senior Living Facilities, and Assisted Living Facilities), and Geography - Global Forecast to 2023

Medical Alert System/Personal Emergency Response System Market by Type (Landline, Mobile, Standalone), End User (Home-Based Users, Senior Living Facilities, and Assisted Living Facilities), and Geography - Global Forecast to 2023

“Increasing aging population across the globe and favorable healthcare reforms are fostering the growth of the PERS market”
The personal emergency response system (PERS) market is expected to be worth USD 9.22 billion by 2023, growing at a CAGR of 5.7% between 2017 and 2023. The growth of this market is attributed to the increasing aging population and adoption of PERS as a supportive tool for independent living, technological developments in healthcare wearable, advancement in communication and connectivity technologies, and mobility benefits. However, the occurrence of the false alarm in the personal emergency response system is a restraining factor inhibiting the growth of the PERS market.

“Technological developments in healthcare wearables and constant innovations in technology and easy adaptability of medical alert devices are fostering the growth of PERS market”
There has been a continuous improvement in PERS technologies such as smartphone application, wearable devices, auto-fall detection sensors, and enhanced global positioning system (GPS), which helps senior citizens to access PERS devices easily and conveniently. Substantial advancements in both the medical and technological fields have contributed significantly to increasing the life expectancy, as people are living longer, healthier lives. Advancements in personal safety monitoring technology have expanded the market and provided home security dealers the opportunity to expand traditional security offerings.

“North America and Europe are the major regions for the growth of the PERS market”
North America held the largest share of the PERS market in 2016. Europe is also one of the potential regions for the overall PERS market. Asia Pacific (APAC) is expected to register the highest CAGR in the PERS market during the forecast period.In North America, the reimbursement policies and government regulations are conducive to the development of the home healthcare sector, which is also a significant driver for the increased sales of personal emergency response system (PERS), especially among senior citizens with limited income or meager pension.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key experts. Following is the breakup of the profile of primary participants:
• By Company Type: Tier 1 – 23%, Tier 2 – 34%, and Tier 3 – 43%
• By Designation: C-Level Executives – 35%, Directors – 29%, and Others – 36%
• By Region: North America – 45%, Europe – 26%, APAC – 17%, and RoW – 12%

The prominent players in the PERS market are Koninklijke Philips N.V. (Netherlands), ADT Corporation (US), Tunstall Healthcare Group Ltd. (UK), Valued Relationships, Inc. (US), Medical Guardian LLC (US), Nortek Security & Control LLC. (US), Legrand Assisted Living & Healthcare (UK), Alertone Services, LLC (US), LifeStation, Inc. (US), Bay Alarm Medical (US), LifeFone (US), GreatCall (US), Guardian Alarm (US), Connect America (US), Life Alert Emergency Response, Inc. (US), and MobileHelp (US).

Research Coverage:
The report estimates the market size and future growth potential of the PERS market across different segments such as type, end user, and geography. Moreover, the report includes the industry trends, market dynamics, and competitive analysis of the key players in the PERS market, along with their company profiles, competitive leadership mapping, and recent developments.

Key Benefits of Buying the Report:
The report would help market leaders/new entrants in the PERS market by providing them the closest approximations of the revenue numbers for the PERS segments and subsegments. This report would help stakeholders to better understand the competitor landscape and gain insights to better position their businesses and make suitable go-to-market strategies. This report also helps the stakeholders to understand the pulse of the PERS market and provides them information on the key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET RANKING ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES FOR GROWTH OF PERSONAL EMERGENCY RESPONSE SYSTEM MARKET
    • PERS MARKET, BY TYPE
    • PERS MARKET, BY END USER
    • PERS MARKET, BY TYPE AND REGION
    • NORTH AMERICA HELD A MAJOR SHARE OF OVERALL PERS MARKET IN 2016
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • LATEST TRENDS IN THE MARKET
      • SHIFTING TREND TOWARDS TELEHEALTH
      • INCREASING DEMAND FOR MULTIMODAL TECHNOLOGY
      • MACHINE LEARNING APPROACH FOR DETECTING FALL
      • GOVERNMENT INITIATIVES
  • PERSONAL EMERGENCY RESPONSE MARKET, BY TYPE
    • INTRODUCTION
      • Table PERS MARKET, BY TYPE, 2014-2023 (USD BILLION)
    • LANDLINE PERS
    • MOBILE PERS
      • WIRELESS EMERGENCY RESPONSE SYSTEM
      • CELLULAR EMERGENCY RESPONSE SYSTEM
      • GPS-BASED EMERGENCY RESPONSE SYSTEM
        • Table MPERS MARKET, BY TYPE, 2014-2023 (USD MILLION)
        • Table MPERS MARKET FOR HOME-BASED USERS, BY TYPE, 2014-2023 (USD MILLION)
        • Table MPERS MARKET FOR SENIOR LIVING FACILITIES, BY TYPE, 2014-2023 (USD MILLION)
        • Table MPERS MARKET FOR ASSISTED LIVING FACILITIES, BY TYPE, 2014-2023 (USD MILLION)
    • STANDALONE PERS
      • TRANSMITTERS
      • STANDALONE VOICE COMMUNICATOR
      • WANDERING SYSTEM
      • R- CUBE/V-CUBE MONITORING SYSTEM
        • Table STANDALONE PERS MARKET, BY TYPE, 2014-2023 (USD MILLION)
        • Table STANDALONE PERS MARKET FOR HOME-BASED USERS, BY TYPE, 2014-2023 (USD MILLION)
        • Table STANDALONE PERS MARKET FOR SENIOR LIVING FACILITIES, BY TYPE, 2014-2023 (USD MILLION)
        • Table STANDALONE PERS MARKET FOR ASSISTED LIVING FACILITIES, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN NORTH AMERICA, BY TYPE, 2014-2023 (USD MILLION)
        • Table MPERS MARKET IN NORTH AMERICA, BY TYPE, 2014-2023 (USD MILLION)
        • Table STANDALONE PERS MARKET IN NORTH AMERICA, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN US, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN CANADA, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN MEXICO, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN EUROPE, BY TYPE, 2014-2023 (USD MILLION)
        • Table MPERS MARKET IN EUROPE, BY TYPE, 2014-2023 (USD MILLION)
        • Table STANDALONE PERS MARKET IN EUROPE, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN UK, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN GERMANY, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN FRANCE, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN ITALY, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN SPAIN, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN REST OF EUROPE, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN APAC, BY TYPE, 2014-2023 (USD MILLION)
        • Table MPERS MARKET IN APAC, BY TYPE, 2014-2023 (USD MILLION)
        • Table STANDALONE PERS MARKET IN APAC, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN CHINA, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN JAPAN, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN AUSTRALIA, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN INDIA, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN REST OF APAC, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN ROW, BY TYPE, 2014-2023 (USD MILLION)
        • Table MPERS MARKET IN ROW, BY TYPE, 2014-2023 (USD MILLION)
        • Table STANDALONE PERS MARKET IN ROW, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN MIDDLE EAST & AFRICA, BY TYPE, 2014-2023 (USD MILLION)
        • Table PERS MARKET IN SOUTH AMERICA, BY TYPE, 2014-2023 (USD MILLION)
  • PERSONAL EMERGENCY RESPONSE SYSTEM MARKET, BY END USER
    • INTRODUCTION
      • Table PERS MARKET, BY END USER, 2014-2023 (USD MILLION)
    • HOME-BASED USERS
      • Table PERS MARKET FOR HOME-BASED USERS, BY TYPE, 2014-2023 (USD MILLION)
    • SENIOR LIVING FACILITIES
      • Table PERS MARKET FOR SENIOR LIVING FACILITIES, BY TYPE, 2014-2023 (USD MILLION)
    • ASSISTED LIVING FACILITIES
      • Table PERS MARKET FOR ASSISTED LIVING FACILITIES, BY TYPE, 2014-2023 (USD MILLION)
      • Table LANDLINE PERS MARKET, BY END USER, 2014-2023 (USD MILLION)
      • Table MPERS MARKET, BY END USER, 2014-2023 (USD MILLION)
      • Table WIRELESS EMERGENCY RESPONSE SYSTEM MARKET, BY END USER, 2014-2023 (USD MILLION)
      • Table CELLULAR EMERGENCY RESPONSE SYSTEM MARKET, BY END USER, 2014-2023 (USD MILLION)
      • Table GPS-BASED EMERGENCY RESPONSE SYSTEM MARKET, BY END USER, 2014-2023 (USD MILLION)
      • Table STANDALONE PERS MARKET, BY END USER, 2014-2023 (USD MILLION)
      • Table PERS MARKET FOR TRANSMITTERS, BY END USER, 2014-2023 (USD MILLION)
      • Table PERS MARKET FOR STANDALONE VOICE COMMUNICATOR, BY END USER, 2014-2023 (USD MILLION)
      • Table PERS MARKET FOR WANDERING SYSTEM, BY END USER, 2014-2023 (USD MILLION)
      • Table PERS MARKET FOR R-CUBE/V-CUBE MONITORING SYSTEM, BY END USER, 2014-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table PERS MARKET, BY REGION, 2014-2023 (USD MILLION)
      • Table LANDLINE PERS MARKET, BY REGION, 2014-2023 (USD MILLION)
      • Table MPERS MARKET, BY REGION, 2014-2023 (USD MILLION)
      • Table STANDALONE PERS MARKET, BY REGION, 2014-2023 (USD MILLION)
    • NORTH AMERICA
      • Table LANDLINE PERS MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table MPERS MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table STANDALONE PERS MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table PERS MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table LANDLINE PERS MARKET IN EUROPE, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table MPERS MARKET IN EUROPE, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table STANDALONE PERS MARKET IN EUROPE, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table PERS MARKET IN EUROPE, BY COUNTRY, 2014-2023 (USD MILLION)
      • UK
      • GERMANY
      • FRANCE
      • ITALY
      • SPAIN
      • REST OF EUROPE
    • ASIA PACIFIC (APAC)
      • Table LANDLINE PERS MARKET IN APAC, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table MPERS MARKET IN APAC, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table STANDALONE PERS MARKET IN APAC, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table PERS MARKET IN APAC, BY COUNTRY, 2014-2023 (USD MILLION)
      • CHINA
      • JAPAN
      • AUSTRALIA
      • INDIA
      • REST OF APAC
    • REST OF THE WORLD (ROW)
      • Table LANDLINE PERS MARKET IN ROW, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table MPERS MARKET IN ROW, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table STANDALONE PERS MARKET IN ROW, BY COUNTRY, 2014-2023 (USD MILLION)
      • Table PERS MARKET IN ROW, BY COUNTRY, 2014-2023 (USD MILLION)
      • MIDDLE EAST & AFRICA
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING ANALYSIS
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • STRENGTH OF PRODUCT PORTFOLIO (25 COMPANIES)
      • BUSINESS STRATEGY EXCELLENCE (25 COMPANIES)
    • COMPETITIVE SITUATION AND TRENDS
      • BATTLE FOR MARKET SHARE: PRODUCT LAUNCHES WAS THE KEY STRATEGY ADOPTED BY COMPANIES BETWEEN 2015 AND 2017
      • MAJOR STRATEGIES ADOPTED BY THE KEY PLAYERS
  • COMPANY PROFILES
    • INTRODUCTION
    • KONINKLIJKE PHILIPS N.V.
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • TUNSTALL AMERICAS
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • VALUED RELATIONSHIPS, INC.
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • GUARDIAN ALARM
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ALERTONE SERVICES LLC.
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • CONNECT AMERICA
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ADT CORPORATION
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • MEDICAL GUARDIAN LLC
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • MOBILEHELP
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • NUMERA INC.
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • GALAXY MEDICAL ALERT SYSTEM
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • CRITICAL SIGNAL TECHNOLOGIES
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • MYTREX, INC. DBA RESCUE ALERT
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • KEY INNOVATORS
      • LIFEFONE
      • BAY ALARM MEDICAL
      • INTEL CORPORATION
      • MARIGROUP OY
      • VITAL CONNECT INC.
      • BLUE WILLOW SYSTEMS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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