Personal Emergency Response Systems Pers Market

Take a closer look with these pers market insights.

Personal emergency response systems pers market.

According to verified market research global personal emergency response systems pers market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i e. The growth of the global personal emergency response system pers market is thriving on the back of the increasing focus of the players for technological advancements in the personal emergency response system industry coupled with the increasing prevalence of diseases and disorders for instance heart strokes alzheimer or epileptic seizures that raises the risks of medical. It can be complicated. En español a medical alert system often referred to as a personal emergency response system pers medical emergency response system mers health monitor or fall monitor can provide increased independence for loved ones and peace of mind for family caregivers.

The traditional personal emergency response systems will be integrated with sensors in the near future which will further increase the revenue in the pers market. Global personal emergency response systems pers market is valued at usd 6245 1 million in 2018 and expected to reach usd 9452 5 million by 2025 with a cagr of 6 1 over the forecast period. Over the next five years the personal emergency response systems pers market will register a xx cagr in terms of revenue the global market size will reach us xx million by 2025. Mobile pers market to cause disruption in the healthcare industry smartphones have penetrated all the industries especially healthcare.

Personal emergency response systems pers also known as medical emergency response systems. They enable seniors to call for help in case of emergency with the press of a button. Pers devices provide independent living with easy access to care. This report presents a comprehensive overview market shares and growth opportunities of personal emergency response systems pers market by product type.

Personal emergency response systems pers market size and forecast. Grow your business by staying on top of statistics and market insights related to the pers industry. Insights about the personal emergency response system market were compiled from the pers summit 2015 survey research by trg associates and the edmonds group and research reported by security. The medical alert systems industry is expected to witness strong growth in the next six years mainly due to the rising elderly population across the globe increasing adoption of the mobile personal emergency response system.

The medical alert systems market is estimated to be worth usd 6 5 billion in 2020 and is projected to reach usd 9 6 billion by 2025 at a cagr of 7 9 from 2020 to 2025.