Absolute Markets Insights offers its latest published report ‘Personal Emergency Response Systems Market by Components (Software, Hardware { Rented, Owned }, Services { Monthly, Yearly}); by Type (Landline, Mobile, Standalone ), by End Users (Home-based Users, Nursing Homes, Assisted Living Facilities, Hospice Care); by Region (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018-2026’

The author of the report analyzed that the global personal emergency response systems market accounted for US$ 6606.28 Million in 2017.

The high fall rates among patients with neurological disorders such as epilepsy, Alzheimer’s and Multiple Sclerosis along with the increasing geriatric population in countries such as the United States and Japan is driving the growth of personal emergency response system market.

 Purchase the complete report titled “Personal Emergency Response Systems Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018 - 2026” at (https://www.absolutemarketsinsights.com/reports/Personal-Emergency-Response-Systems-Market-2018-2026-131)

However, the ongoing tough competition offered by wearable device companies such as Apple and Fitbit are preventing the market growth. These companies are offering the emergency response system as a built-in feature in their fitness devices due to which customers are getting more attracted towards wearables and neglecting the traditional personal emergency response system.

Mobile PERS Holds the Largest Market Size the Various Type in 2017 

A decrease in the number of users opting for traditional landline PERS as the technology has become outdated and growing trend of using mobile PERS, which is quite travel-friendly and portable make mobile type the most preferred option. Also, the advancements in personal safety monitoring technology is further aiding its growth.

Asia Pacific is Estimated to be Fastest Growing Region During the Forecast Period, 2018 – 2026

The market for PERS in North America and Europe at present is nearly saturated as the technology is well established and government institutes in these regions have passed favorable rules and regulations in their support. So, the market players are slowly shifting their focus towards Asia Pacific region, where the market is quite new to the customers. Also, the improved economic conditions and rise in healthcare expenditure in countries such as China, Indonesia, India, and Singapore are further aiding the growth.

Personal Emergency Response Systems Market is Fragmented in Nature with Presence of Global and Regional Players Along with Many Small Start Ups Entering the Market   

Some of the significant players functioning in the global personal emergency response systems market include Cape Cod Healthcare Inc., Koninklijke Philips N.V., AlertOneServices, LLC., Bay Alarm Medical, LogicMark, MedicAlert Foundation, Rescue Alert, Emergency Response USA, Buddi US, LLC, Connect America, Critical Signal Technologies, Medical Guardian, MobileHelp, Vector Security, Inc., VESAG, NASCENTIA HEALTH, AT&T amongst others.

In 2013, AT&T launched its mobile personal emergency response system called ‘EverThere', that works with the company’s nationwide cellular network. The device provides hands-free voice communication with the care center that can, in turn, respond with appropriate help. It has an internal accelerometer to automatically determine when the user has a fall and is able to place a call even if the wearer is not able to do so. The product is currently available on the AT&T website for US$ 99.99 with an 11-month contract.

• Personal Emergency Response Systems Market - By Component
  • Software
  • Hardware
  • Rented
  • Owned
  • Services
  • Monthly
  • Yearly
• Personal Emergency Response Systems Market - By Type
  • Landline
  • Mobile
  • Standalone
• Personal Emergency Response Systems Market - By End Users
  • Home-based Users
  • Nursing Homes
  • Assisted Living Facilities
  • Hospice Care
• Personal Emergency Response Systems Market - By Region:
  • North America
    • U.S.
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Middle East and Africa
    • GCC Countries
    • Southern Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Rest of Latin America