Global personal emergency response system (PERS) market 2024-2028

Description

List of Tables

The personal emergency response system (PERS) market is forecasted to grow by USD 3657.3 mn during 2023-2028, accelerating at a CAGR of 7.81% during the forecast period. The report on the personal emergency response system (PERS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing geriatric population, increasing prevalence of chronic diseases, and increasing investments in healthcare infrastructure.

Technavio's personal emergency response system (PERS) market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.25%
CAGR	7.81%
Incremental Value	$3657.3mn

By Type

Mobile
Landline
Standalone

By End-user

Home healthcare
Assisted living facilities
Others

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the development of personal emergency response system apps as one of the prime reasons driving the personal emergency response system (PERS) market growth during the next few years. Also, advances in personal emergency response systems and increasing focus on high-speed network connectivity will lead to sizable demand in the market.

The report on the personal emergency response system (PERS) market covers the following areas:

Personal emergency response system (PERS) market sizing
Personal emergency response system (PERS) market forecast
Personal emergency response system (PERS) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal emergency response system (PERS) market vendors that include ADT Inc., AlertONE service Inc., ATC Alert LLC, Bay Alarm Medical, Best Buy Co. Inc., Cape Cod Healthcare Inc., Careline365, ConnectAmerica LLC, Electronic Caregiver Inc., Galaxy Medical Alert Systems Ltd., Honeywell International Inc., Koninklijke Philips N.V., Life Alert Emergency Response Inc., Medical Guardian LLP, MedicAlert Foundation, MobileHelp LLC, ModivCare Inc., Rescue Alert, TruSense LLC, and Tunstall Healthcare Group Ltd.. Also, the personal emergency response system (PERS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43996

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Personal Emergency Response System (PERS) Market 2018 - 2022
- Historic Market Size - Data Table on Global Personal Emergency Response System (PERS) Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Mobile - Market size and forecast 2023-2028
- Chart on Mobile - Market size and forecast 2023-2028 ($ million)
- Data Table on Mobile - Market size and forecast 2023-2028 ($ million)
- Chart on Mobile - Year-over-year growth 2023-2028 (%)
- Data Table on Mobile - Year-over-year growth 2023-2028 (%)
6.4 Landline - Market size and forecast 2023-2028
- Chart on Landline - Market size and forecast 2023-2028 ($ million)
- Data Table on Landline - Market size and forecast 2023-2028 ($ million)
- Chart on Landline - Year-over-year growth 2023-2028 (%)
- Data Table on Landline - Year-over-year growth 2023-2028 (%)
6.5 Standalone - Market size and forecast 2023-2028
- Chart on Standalone - Market size and forecast 2023-2028 ($ million)
- Data Table on Standalone - Market size and forecast 2023-2028 ($ million)
- Chart on Standalone - Year-over-year growth 2023-2028 (%)
- Data Table on Standalone - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
7.3 Home healthcare - Market size and forecast 2023-2028
- Chart on Home healthcare - Market size and forecast 2023-2028 ($ million)
- Data Table on Home healthcare - Market size and forecast 2023-2028 ($ million)
- Chart on Home healthcare - Year-over-year growth 2023-2028 (%)
- Data Table on Home healthcare - Year-over-year growth 2023-2028 (%)
7.4 Assisted living facilities - Market size and forecast 2023-2028
- Chart on Assisted living facilities - Market size and forecast 2023-2028 ($ million)
- Data Table on Assisted living facilities - Market size and forecast 2023-2028 ($ million)
- Chart on Assisted living facilities - Year-over-year growth 2023-2028 (%)
- Data Table on Assisted living facilities - Year-over-year growth 2023-2028 (%)
7.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 Asia - Market size and forecast 2023-2028
- Chart on Asia - Market size and forecast 2023-2028 ($ million)
- Data Table on Asia - Market size and forecast 2023-2028 ($ million)
- Chart on Asia - Year-over-year growth 2023-2028 (%)
- Data Table on Asia - Year-over-year growth 2023-2028 (%)
9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
9.7 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.8 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 ADT Inc.
- ADT Inc. - Overview
- ADT Inc. - Business segments
- ADT Inc. - Key news
- ADT Inc. - Key offerings
- ADT Inc. - Segment focus
12.4 AlertONE service Inc.
- AlertONE service Inc. - Overview
- AlertONE service Inc. - Product / Service
- AlertONE service Inc. - Key offerings
12.5 ATC Alert LLC
- ATC Alert LLC - Overview
- ATC Alert LLC - Product / Service
- ATC Alert LLC - Key offerings
12.6 Bay Alarm Medical
- Bay Alarm Medical - Overview
- Bay Alarm Medical - Product / Service
- Bay Alarm Medical - Key offerings
12.7 Best Buy Co. Inc.
- Best Buy Co. Inc. - Overview
- Best Buy Co. Inc. - Business segments
- Best Buy Co. Inc. - Key news
- Best Buy Co. Inc. - Key offerings
- Best Buy Co. Inc. - Segment focus
12.8 Cape Cod Healthcare Inc.
- Cape Cod Healthcare Inc. - Overview
- Cape Cod Healthcare Inc. - Product / Service
- Cape Cod Healthcare Inc. - Key offerings
12.9 Careline365
- Careline365 - Overview
- Careline365 - Product / Service
- Careline365 - Key offerings
12.10 ConnectAmerica LLC
- ConnectAmerica LLC - Overview
- ConnectAmerica LLC - Product / Service
- ConnectAmerica LLC - Key offerings
12.11 Electronic Caregiver Inc.
- Electronic Caregiver Inc. - Overview
- Electronic Caregiver Inc. - Product / Service
- Electronic Caregiver Inc. - Key offerings
12.12 Galaxy Medical Alert Systems Ltd.
- Galaxy Medical Alert Systems Ltd. - Overview
- Galaxy Medical Alert Systems Ltd. - Product / Service
- Galaxy Medical Alert Systems Ltd. - Key offerings
12.13 Honeywell International Inc.
- Honeywell International Inc. - Overview
- Honeywell International Inc. - Business segments
- Honeywell International Inc. - Key news
- Honeywell International Inc. - Key offerings
- Honeywell International Inc. - Segment focus
12.14 Koninklijke Philips N.V.
- Koninklijke Philips N.V. - Overview
- Koninklijke Philips N.V. - Business segments
- Koninklijke Philips N.V. - Key news
- Koninklijke Philips N.V. - Key offerings
- Koninklijke Philips N.V. - Segment focus
12.15 Life Alert Emergency Response Inc.
- Life Alert Emergency Response Inc. - Overview
- Life Alert Emergency Response Inc. - Product / Service
- Life Alert Emergency Response Inc. - Key offerings
12.16 Medical Guardian LLP
- Medical Guardian LLP - Overview
- Medical Guardian LLP - Product / Service
- Medical Guardian LLP - Key offerings
12.17 MedicAlert Foundation
- MedicAlert Foundation - Overview
- MedicAlert Foundation - Product / Service
- MedicAlert Foundation - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations