“Personal Emergency Response Systems (PERS) devices have been in the market since past few decades. They are being actively adopted by people in a few developed regions such as North America and Europe. This can be attributed to the increased investments into R&D enabling entry of new and innovative PERS solutions into the market. Since early 2000s, mobile PERS have been available in the market and are slowly gaining a significant share in the overall PERS revenue. Similarly, standalone PERS devices were under R&D for the last 10 years and have been very recently introduced into the market.
PERS are medical devices that are used by individuals to call for emergency medical help. These innovative devices contact the emergency care services or the user’s family members through a panic button in the form of a pendant or a wristband. The growing demand for personal emergency communication devices will lead to development of more innovative personal care and home monitoring devices. Furthermore, the advancements in technologies will allow the entry of affordable and efficient personal emergency care devices in the market in the coming years.
According to IndustryARC analysis, the global PERS market will grow at a CAGR of 5.8% and reach $8.4 billion by 2020. Home-based mobile systems segment which is operated through landline telephone is the largest revenue-yielding segment in the PERS market. The highest revenue in the landline-based PERS market was generated in APAC region followed by North America and Europe.
The global PERS market report provides a holistic outlook of the personal emergency response systems, providing an in-depth analysis on the market forces, demand and key insights into the different segments.
The global PERS market has been segmented into three types based on type of system:
Landline
Mobile
Standalone
These segments are further classified by software/hardware components present and by end-users.
The devices are segmented into three categories based on the type of end-users into:
Home-based users
Senior living facilities
Assisted living facilities.
This market is segmented into different types based on the technology used, the type of end-users and by geography (North America, Europe, Asia-Pacific and Rest of the World) to provide an in-depth analysis for the forecast period 2015 to 2020, taking 2014 as the base year.”
“1 Executive Summary
2 Personal Emergency Response Systems – Market Overview
2.1 Introduction
2.2 Classification
2.2.1 PERS Market Classification, By Type of System
2.2.2 PERS Market Classification, By End-Users
3 Personal Emergency Response Systems – Market Landscape
3.1 Market Share Analysis
3.2 Comparative Analysis
3.2.1 Product Benchmarking
3.2.2 End-User Profiling
3.2.2.1 Home-Based Users
3.2.2.2 Senior Living Facilities
3.2.2.3 Assisted Living Facilities
3.2.3 Patent Analysis
4 Personal Emergency Response Systems– Market Forces
4.1 Market Drivers
4.1.1 Rise in Aging Population to Drive PERS Market
4.1.2 Booming Home Healthcare Market to Create Need for Affordable Monitoring Devices
4.1.3 Healthcare Reforms to Favor Growth of PERS Market
4.1.4 Usage of Smartphones to Drive the PERS Market
4.1.5 Constant Evolution of Healthcare Industry Leads to Innovations in the PERS Market
4.1.6 Stringent Government Regulations to Standardize Healthcare Industry
4.1.7 Technological Advancements and Ease of Access Drive Penetration of PERS
4.2 Market Constraints
4.2.1 Limited Financial Resources in Elderly Population Will Impact the Adoption of PERS
4.2.2 Inhibitions about Using PERS
4.3 Market Challenges
4.3.1 Limited Range of PERS
4.3.2 Lack of Infrastructure& Trained Resources
4.3.3 Increase in False Alarms Will Limit the Efficiency of Personal Emergency Response Systems
4.4 Attractiveness of the Industry
4.4.1 Power of Suppliers
4.4.2 Power of Customers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitution
4.4.5 Degree of Competition
4.5 Emerging PERS Technologies
4.5.1 Motion Sensors
4.5.2 Sync-In Car PERS
4.5.3 Integration of Near-Field Communication (NFC) Technology with PERS
4.5.4 Use Of Medical Qr Codes In Pers Devices
5 Personal Emergency Response Systems – Government Regulations
5.1 North America
5.1.1 U.S.
5.1.2 Canada
5.1.3 Mexico
5.2 Europe
5.3 Asia-Pacific
5.4 Rest of the World
6 Personal Emergency Response Systems– Strategic Analysis
6.1 Value Chain Analysis
6.2 Pricing Analysis
6.2.1 Global PERS Market Pricing Analysis for Non-Profit Organizations
6.3 Opportunity Analysis
6.3.1 Emerging Markets Are the Next Frontiers of the Growth
6.3.2 Prospective Customer Base to Create Potential Opportunities for the U.S. PERS Market
6.3.3 Standalone PERS Devices to Revolutionize the PERS Market
6.4 Product/Market Life Cycle Analysis
7 Personal Emergency Response Systems Market – Classification
7.1 Personal Emergency Response System, By Type
7.1.1 Demand for Compact and Low-Cost PERS to Drive the Standalone PERS Devices Market
7.1.2 Landline-Based Personal Emergency Response Systems
7.1.3 Mobile PERS
7.1.3.1 Mobile PERS Market to Be Driven By Increased Use of Mobile Phones across Aging Population
7.1.4 Standalone Personal Emergency Response Systems
7.2 Personal Emergency Response Systems Market – By End-Users
7.2.1 Rising Healthcare Costs To Increase Adoption of PERS Devices in Care Facilities
7.2.2 Home-Based Users
7.2.3 Senior Living Facilities
7.2.3.1 Emerging Asian Economy to Pave Way for Smart Technologies in Senior Living Facilities
7.2.4 Assisted Living Facilities
7.3 Personal Emergency Response Systems Market -Geographic Analysis
7.3.1 North America
7.3.1.1 Technological Advancements to Drive Innovations in the Matured PERS Market in North America
7.3.1.2 The U.S.
7.3.1.3 Canada
7.3.1.4 Mexico
7.3.2 Europe
7.3.2.1 Favorable Reimbursement Policies to Promote Adoption of PERS in the U.K.
7.3.2.2 United Kingdom
7.3.2.3 Germany
7.3.2.4 France
7.3.2.5 Italy
7.3.2.6 Spain
7.3.2.7 Spain Personal Emergency Response Systems Market Revenue, 2013-2020 ($M)
7.3.2.8 Others
7.3.3 Asia-Pacific
7.3.3.1 China
7.3.3.1.1 China Set To Demonstrate Fastest Growth Owing To Rising Demand for Affordable Health Monitoring Solutions
7.3.3.2 Australia
7.3.3.3 Japan
7.3.3.4 New Zealand
7.3.3.5 India
7.3.3.6 Others
7.3.4 Rest of the World
7.3.4.1 Brazil
7.3.4.2 Saudi Arabia
7.3.4.3 South Africa
7.3.4.4 Russia
7.3.4.5 Others
8 PERS – Market Entropy
8.1 Most Dominant Strategy – Partnerships
8.2 New Product Launches
8.3 Mergers & Acquisitions
8.4 Partnerships
8.5 Business Expansion
9 Personal Emergency Response Systems Company Profiles (Overview, Financials– Top 5 Companies, Developments, Product Portfolio)
9.1 ADT LLC D.B.A. ADT Security Services
9.1.1 Business Overview
9.1.2 Products
9.1.3 Services
9.1.4 Financials
9.1.5 Strategy
9.1.6 Developments
9.2 Alertone Services LLC
9.2.1 Business Overview
9.2.2 Products
9.2.3 Services
9.2.4 Financials
9.2.5 Strategy
9.3 Bay Alarm Medical Company
9.3.1 Business Overview
9.3.2 Products
9.3.3 Services
9.3.4 Financials
9.3.5 Strategy
9.3.6 Developments
9.4 Carelineuk Monitoring Limited
9.4.1 Business Overview
9.4.2 Products
9.4.3 Services
9.4.4 Financials
9.4.5 Strategy
9.4.6 Developments
9.5 Galaxy Medical Alert Systems, Ltd.
9.5.1 Business Overview
9.5.2 Products
9.5.3 Services
9.5.4 Financials
9.5.5 Strategy
9.6 Life Alert Emergency Response, Inc.
9.6.1 Business Overview
9.6.2 Products
9.6.3 Services
9.6.4 Financials
9.6.5 Strategy
9.7 Life Guardian Technologies LLC
9.7.1 Business Overview
9.7.2 Products
9.7.3 Services
9.7.4 Financials
9.7.5 Strategy
9.8 Lifefone Personal Response Services
9.8.1 Business Overview
9.8.2 Products
9.8.3 Services
9.8.4 Financials
9.8.5 Strategy
9.8.6 Developments
9.9 Lifestation, Inc.
9.9.1 Business Overview
9.9.2 Products
9.9.3 Financials
9.9.4 Services
9.9.5 Strategy
9.9.6 Developments
9.10 Logicmark, LLC
9.10.1 Business Overview
9.10.2 Products
9.10.3 Services
9.10.4 Financials
9.10.5 Strategy
9.10.6 Developments
9.11 Mobilehelp
9.11.1 Business Overview
9.11.2 Products
9.11.3 Services
9.11.4 Strategies
9.11.5 Developments
9.12 Koninklijke Philips N.V (Lifeline)
9.12.1 Business Overview
9.12.2 Products
9.12.3 Services
9.12.4 Financials
9.12.5 Strategies
9.12.6 Developments
9.13 Mytrex Inc. DBA Rescue Alert
9.13.1 Business Overview
9.13.2 Products
9.13.3 Services
9.13.4 Financials
9.13.5 Strategies
9.13.6 Developments
9.14 Tunstall Healthcare (UK) Ltd
9.14.1 Business Overview
9.14.2 Products
9.14.3 Services
9.14.4 Financials
9.14.5 Strategies
9.14.6 Developments
9.15 Valued Relationships, Inc.
9.15.1 Business Overview
9.15.2 Products
9.15.3 Financials
9.15.4 Strategies
9.15.5 Developments
9.16 Non-Profit PERS Providers
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
“”*Financials would be provided on a best efforts basis for private companies””
10 Appendix
10.1 Abbreviations
10.2 Sources
10.3 Research Methodology
10.4 Expert Insights”
” 9.1 ADT LLC D.B.A. ADT Security Services
9.1.1 Business Overview
9.1.2 Products
9.1.3 Services
9.1.4 Financials
9.1.5 Strategy
9.1.6 Developments
9.2 Alertone Services LLC
9.2.1 Business Overview
9.2.2 Products
9.2.3 Services
9.2.4 Financials
9.2.5 Strategy
9.3 Bay Alarm Medical Company
9.3.1 Business Overview
9.3.2 Products
9.3.3 Services
9.3.4 Financials
9.3.5 Strategy
9.3.6 Developments
9.4 Carelineuk Monitoring Limited
9.4.1 Business Overview
9.4.2 Products
9.4.3 Services
9.4.4 Financials
9.4.5 Strategy
9.4.6 Developments
9.5 Galaxy Medical Alert Systems, Ltd.
9.5.1 Business Overview
9.5.2 Products
9.5.3 Services
9.5.4 Financials
9.5.5 Strategy
9.6 Life Alert Emergency Response, Inc.
9.6.1 Business Overview
9.6.2 Products
9.6.3 Services
9.6.4 Financials
9.6.5 Strategy
9.7 Life Guardian Technologies LLC
9.7.1 Business Overview
9.7.2 Products
9.7.3 Services
9.7.4 Financials
9.7.5 Strategy
9.8 Lifefone Personal Response Services
9.8.1 Business Overview
9.8.2 Products
9.8.3 Services
9.8.4 Financials
9.8.5 Strategy
9.8.6 Developments
9.9 Lifestation, Inc.
9.9.1 Business Overview
9.9.2 Products
9.9.3 Financials
9.9.4 Services
9.9.5 Strategy
9.9.6 Developments
9.10 Logicmark, LLC
9.10.1 Business Overview
9.10.2 Products
9.10.3 Services
9.10.4 Financials
9.10.5 Strategy
9.10.6 Developments
9.11 Mobilehelp
9.11.1 Business Overview
9.11.2 Products
9.11.3 Services
9.11.4 Strategies
9.11.5 Developments
9.12 Koninklijke Philips N.V (Lifeline)
9.12.1 Business Overview
9.12.2 Products
9.12.3 Services
9.12.4 Financials
9.12.5 Strategies
9.12.6 Developments
9.13 Mytrex Inc. DBA Rescue Alert
9.13.1 Business Overview
9.13.2 Products
9.13.3 Services
9.13.4 Financials
9.13.5 Strategies
9.13.6 Developments
9.14 Tunstall Healthcare (UK) Ltd
9.14.1 Business Overview
9.14.2 Products
9.14.3 Services
9.14.4 Financials
9.14.5 Strategies
9.14.6 Developments
9.15 Valued Relationships, Inc.
9.15.1 Business Overview
9.15.2 Products
9.15.3 Financials
9.15.4 Strategies
9.15.5 Developments
9.16 Non-Profit PERS Providers”