Global Medical Alert System/Personal
Emergency Response System Market –
Industry Analysis and Forecast (2020-2027)
–By Type, End User, and Region.
Global Medical Alert System/Personal Emergency Response System
Market was valued at US$ 7.51 Bn in 2019 and is expected to reach
US$ 12.62 Bn by 2027, at a CAGR of 6.7 % during a forecast period.
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The objective of the report is to present a comprehensive assessment
of the market and contains thoughtful insights, facts, historical data,
industry-validated market data and projections with a suitable set of
assumptions and methodology. The report also helps in understanding
Medical Alert System/Personal Emergency Response System market
dynamics, structure by identifying and analyzing the market segments
and project the global market size. Further, report also focus on
competitive analysis of key players by product, price, financial
position, product portfolio, growth strategies and regional presence.
The report also provide PEST analysis, PORTER’s analysis, SWOT
analysis to address question of shareholders to prioritizing the efforts
and investment in near future to emerging segment in Medical Alert
System/Personal Emergency Response System market.
The report study has analyzed revenue impact of covid-19 pandemic
on the sales revenue of market leaders, market followers and
disrupters in the report and same is reflected in our analysis.
Personal emergency response systems (PERS), also refer as medical
emergency response systems, allow users to call for help when in an
emergency by pushing a button. It has three components a small radio
transmitter, a console connected to the telephone, and an emergency
response center that monitors calls. With the rapid increase in elderly
population, there is a rising need for medical alert systems in
residences. Furthermore, among the elderly people falls are one of the
most common causes of injury. Medical alert systems are