U.S. Personal Emergency Response Systems (PERS) Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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U.S. Personal Emergency Response Systems (PERS) Market: By PERS Type (Landline-based (Standard) PERS, Medical Alert Phones, and Mobile PERS (mPERS)), By End User (Home-based Users, Senior Living Facilities, and Assisted Living Facilities)

 

 

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Report

Description

U.S. Personal Emergency Response Systems (PERS) Market size valued USD 3,089.3 million in 2020 and poised to grow at significant CAGR during 2021-2027 owing to rising elderly population in the United States coupled with increasing penetration of smartphones in the healthcare system and technological advancements in the healthcare wearables are the major factors that are driving the growth of the PERS market. However, lack of insurance policies for personal emergency response systems (PERS) and cost of monitoring service charges and long-term contracts hinders the growth of the market over the forecast period. U.S. personal emergency response systems (PERS) market is surging owing to advancements in technology launch of new products into the market and strategic collaborations and acquisitions in the market. For instance, In April 2019, GreatCall announced the launch of an updated version of its retail personal emergency response system (PERS) which updates its personal fall detection device with 80-hour battery, 4G LTE. For instance, in January 2019, Connect America, the nation’s largest independent provider of personal emergency response systems (PERS), announced that it has acquired Tunstall Americas, another leader in connected health services. In August 2018, Best Buy has announced that the company has acquired GreatCall to from Tech to Health support for its Aging customers. In January 2017, Connect America has announced that it has recently acquired Recine’s Medical Alert, specialist in the home healthcare market to expand the PERS operations into Colorado

U.S. Personal Emergency Response Systems (PERS) Market

MARKET SUMMARY
-
x% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– x%

US Personal Emergency Response Systems Market

  • U.S. personal emergency response systems (PERS) market report gives comprehensive outlook on personal emergency response systems market across the nation.
  • The report on U.S. personal emergency response systems (PERS) market gives historical, current, and future market sizes (US$ Mn) on the basis of PERS type and end user.
  • Key stakeholders of the U.S. personal emergency response systems (PERS) market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in U.S. personal emergency response systems (PERS) products.
Key Players
  • AlertOne Services LLC.
  • ADT Corporation
  • Rescue Alert
  • Philips Lifeline®
  • LogicMark LLC
U.S. Personal Emergency Response Systems (PERS) Market

Drivers And Restraints

The Mobile PERS (mPERS) market will be driven primarily owing to increasing demand for wearables (pendants, bracelets, and smartphones) in the medical alert industry coupled with launch of innovative wearables introduced into the market in recent years. However, the landline-based (standard) PERS market is expected to slow down the growth due to rising adoption towards advanced products such as wearables in medical alert industry. The market for mPERS is expected to growth at CAGR of 6.2% over the forecasted years (2019-2025). Adoption of PERS in United States is the major factor driving the growth of the market over the future years.


US Personal Emergency Response Systems (PERS) Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • US personal emergency response systems (PERS) market expanding at significant CAGR over 2021 to 2027 owing to constant innovations in technology and easy adaptability of PERS devices.
  • Based on PERS type, Landline-based (Standard) Personal Emergency Response Systems segment of PERS accounted for larger market revenue share in 2021
  • Players focusing on launch of newer products and collaboration strategies to retain market position in US personal emergency response systems (PERS) market

Key

Features of the Report

U.S. Personal Emergency Response Systems (PERS) Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

  1. Executive Summary
  2. US Personal Emergency Response Systems (PERS) Market Introduction
    • US Personal Emergency Response Systems (PERS) Market – Taxonomy
    • US Personal Emergency Response Systems (PERS) Market –Definitions
      • By PERS Type
      • By End User
  1. US Personal Emergency Response Systems (PERS) Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • US Personal Emergency Response Systems (PERS) Market Dynamics – Factors Impact Analysis
  2. US Personal Emergency Response Systems (PERS) Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. US Personal Emergency Response Systems (PERS) Market Forecast, By PERS Type, 2014 – 2018 and Forecast, 2019 – 2025
    • Landline-based (Standard) PERS
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Medical Alert Phones
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Mobile PERS (mPERS)
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. US Personal Emergency Response Systems (PERS) Market Forecast, By End User, 2014 – 2018 and Forecast, 2019 – 2025
    • Home-based Users
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Senior Living Facilities
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Assisted Living Facilities
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • US Personal Emergency Response Systems (PERS) Market – Opportunity Analysis Index, By PERS Type, By End User, 2019 – 2025
    • US Personal Emergency Response Systems (PERS) Market Dynamics – Trends
  2. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis)
      • 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.
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • 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.

Report

List of Tables and Figures

List of Tables:

Table 01: U.S. Personal Emergency Response Systems (PERS) Market- Historical, Forecast Market Sizes (US$ Mn), By PERS Type, 2014 – 2025
Table 02: U.S. Personal Emergency Response Systems (PERS) Market- Historical, Forecast Market Sizes (US$ Mn), By End User, 2014 – 2025

Description

U.S. Personal Emergency Response Systems (PERS) Market size valued USD 3,089.3 million in 2020 and poised to grow at significant CAGR during 2021-2027 owing to rising elderly population in the United States coupled with increasing penetration of smartphones in the healthcare system and technological advancements in the healthcare wearables are the major factors that are driving the growth of the PERS market. However, lack of insurance policies for personal emergency response systems (PERS) and cost of monitoring service charges and long-term contracts hinders the growth of the market over the forecast period. U.S. personal emergency response systems (PERS) market is surging owing to advancements in technology launch of new products into the market and strategic collaborations and acquisitions in the market. For instance, In April 2019, GreatCall announced the launch of an updated version of its retail personal emergency response system (PERS) which updates its personal fall detection device with 80-hour battery, 4G LTE. For instance, in January 2019, Connect America, the nation’s largest independent provider of personal emergency response systems (PERS), announced that it has acquired Tunstall Americas, another leader in connected health services. In August 2018, Best Buy has announced that the company has acquired GreatCall to from Tech to Health support for its Aging customers. In January 2017, Connect America has announced that it has recently acquired Recine’s Medical Alert, specialist in the home healthcare market to expand the PERS operations into Colorado

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