US Personal Emergency Response Systems Market Leading Player 2022-28


The u.s. personal emergency response systems (pers) market size valued USD 3,089.3 million in 2021 and poised to grow at significant CAGR during 2022-2028. A personal emergency response system (PERS) is an electronic gadget that enables people to request safe assistance in an emergency. This system is linked to other devices, such as a mobile phone or an alarm, and is set up to alert a response center when a 'help' or 'push' button is pressed. This assist button is a radiofrequency trigger device that is worn on the wrist or around the neck. The person who receives the PERS can even interact with the individual to choose whether course of action should be done. It has been observed that there is a growing tendency toward the use of technology that enable people to gain quick access to healthcare without exerting undue effort. As a result, the personal emergency response system market is likely to be one of the most lucrative segments of the home healthcare market. The equipment and a call service facility are included in a basic PERS device. The equipment contains a receiver console that can be used to contact the service provider's PERS center staff's emergency response center. Personal emergency response systems, as well as the components that enable remote access and observation, have become a critical component in the development of telehealth services.

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The growing senior population, together with the rising frequency of chronic diseases, is driving the global personal emergency response systems (PERS) market. According to the United Nations, the world's population of older people aged 60 to 80 will double and triple in the next 30 years, while the population of other age groups would decline (Department of Economic and Social Affairs Population Division, 2017). Furthermore, improvements in healthcare infrastructure, increased acceptance of home healthcare devices, and increased use of smart phones are expected to drive market growth throughout the projection period. Furthermore, rising public awareness of the benefits of personal emergency response systems, as well as technical improvements in the health care business, are fueling market expansion. The high expense of personal emergency response devices, on the other hand, may limit market growth. Despite this, rising technological breakthroughs in this industry may open up a slew of new prospects for the market to expand.

u.s. personal emergency response systems (pers) market segmentation:

1) By PERS Type: Landline-based (Standard) PERS, Medical Alert Phones, and Mobile PERS (mPERS).

2) By End User: Home-based Users, Senior Living Facilities, and Assisted Living Facilities.

 

During the forecast timeframe, North America will lead the market. Growing elderly population, severe and chronic concerns for older people, rise in chronic and technological advances in healthcare industries, growing adoption in the US and Canada, presence of a robust healthcare infrastructure, government support, and improved healthcare infrastructure are all contributing to the increase in geriatric population and healthcare reforms.

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There are some major players working in u.s. personal emergency response systems (PERS) market, which include Life Alert Emergency Response Inc. Connect America® GreatCall AlertOne Services LLC. ADT Corporation Rescue Alert Philips Lifeline® LogicMark LLC Aerotel Medical Systems Ltd. GUARDIAN ALARM Medical Guardian, LLP.

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